[Sourav9271]

I’m getting quite confused with the changes in exam….There will be 3 requirements based on one scene setting pre seen materials and 3 seperate piece of info relevant to each requirements from various areas of the syllabus….Am I right?

[Sourav9271]

My issue is resolved…

I Mailed ACCA and they added a withdrawal option in myacca..
Quite kind of ACCA that I didn’t have to wait until contingency week elpased then withdraw my exam..

Got a credit almost instantly and managed to book for June intake…

[Sourav9271]

Okay sir thank you…
Truly appreciate ur efforts on replying.

[Sourav9271]

Yes exactly…
Had to wait around 30 mins however the remaining exam was smooth…

I don’t want acca to automatically withdraw my exam.

[Sourav9271]

Yes sir,
I was affected a bit however I don’t wish to reschedule in contingency or mitigating circumstances.
Is it fine?

Are you sure that there is nothing to worry and my results are safe?

[Sourav9271]

My exam was at 11:45 but I was allowed entry only after 12:05

[Sourav9271]

Can you detail the issue.I had a similar issues.
After being in a queue it showed your turn…
But it took several minutes.
So I logged in again.

[Sourav9271]

You are right brother..I received it too!
I don’t want my exams to be rescheduled or something

[Sourav9271]

Ohkay sir…Perfect..

[Sourav9271]

Hello sir,
If I’m writing 4 audit risk with materiality then I’ll get 4Romm×3 + 4materiality ×1
= 16marks right??
However,
Will this materiality calculation again be marked as part of 10 marks professional skills?

[Sourav9271]

Okay sir,
Now I have understood.
Thanks alot 🙂

[Sourav9271]

Sorry sir for sending it in general AAA forum..
I will post it on AAA ask the tutor forum..

[Sourav9271]

Thanks alot
Your replies are always top-notch.

[Sourav9271]

Thanks sir I did read the article..
One last question.

Would it be daunting to try both SBR AND AAA in one session.?

Devoting 2 hrs for open tuition lectures for one month both subjects (4 hrs a day).

Then remaining 2 months 2 hour question practice foe each sub..

Is it possible to take both?

[Sourav9271]

Thanks alot sir.
I truly appreciate such a comprehensive reply.

[Sourav9271]

Yes sir thanks alot.
Pretty much all covering letter follow same format don’t they??

[Sourav9271]

Okay sir quite a helpful reply…

[Sourav9271]

Sorry sir but I couldn’t get grasp of the last Profit/loss entry…

https://photos.app.goo.gl/Rac4Vdd5K85ki9z69

By subtracting what will we get the gain or loss.?

[Sourav9271]

Thanks alot
That was a pretty valuable tip 🙂

[Sourav9271]

Is the aforementioned sentence true?

[Sourav9271]

When there is no opening and closing interest then the finance cost is deemed to have been the same as interest cost…

Usually in question the interest paid and finance cost aren’t the same ..
Thus that proforma.

[Sourav9271]

There’s an immense difference between
Finance cost which is added back
And Interest paid
which is further deducted

[Sourav9271]

That was a pretty valuable tip..

Also loving your lectures alot.
Thank you sir 🙂

[Sourav9271]

Ohkk sir,
I watched the lecture it was explained that we will initially telephone them further write to
them.
Well is this the duty of external auditor??
Or employees of the firm itself?

[Sourav9271]

I reckon the question was too vague sorry for that.

In the substantive testing for receivables one of the test was correspondence..
Hereby Mr Ken Garrett told that we are expected to talk to the client’s customer and make sure that the goods were up to mark and bills would be received…

However my question : are the external auditor responsible for this correspondence with clients customer or the client themselves.?

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