[u7c86]

Indeed – I also pointed out an instance where the 15% figure was quoted in a model ACCA answer – however, if you go to source documentation – i.e. ES4 Fees, Renumeration and Evaluation Policies ( an examinable document for F8 students)…. This clearly says

15% for unquoted
10% for listed companies.

I’m not doubting it should be 15% but why is this not confirmed by the key source documents? Has it changed recently? Is 15% the international % perhaps and UK audit fees are the 10% limit?

I would really appreciate your clarification on this – also please view the links below before you answer. Many Thanks

Search for ‘fees’ section in https://www.accountingweb.co.uk/article/accountingwebcouk-guide-ethical-standards/517289

Original Source documentation – search for 10% :
https://www.frc.org.uk/Our-Work/Publications/APB/ES-4-(Revised)-Fees,-remuneration-and-evaluation-p.pdf

[u7c86]

Hi, still a it unsure about this – thanks loads for your help.

The ISA 700 that I’ve just found was revised September 2014.
Has it been revised again since?

If you could just confirm briefly what changes are examinable in June2015 exam -I would be very grateful!

Thank you so much

[u7c86]

Thank you loads for your help – looks like it is a printing error.
Please can you tell me where I might obtain your version of the MERTA ltd question / model answer?

Kind Regards

[u7c86]

I have watched but I think Ive missed why the annual costs are used because in that example its fixed cost per unit rather than an annual total.

Sorry if im being dumb – Im totally foxed!! 🙂

[u7c86]

Hi, thank you for your help and your link to past paper analysis…. However I don’t feel that a breakdown of topics examined per sitting helps me to get an idea of weighted allocations. Especially when I’m not familiar with which syllabus area each topic actually belongs.

After much searching – I think It is likely that the % weightings per area are not published for P3… But with you being a P3 tutor can you suggest roughly how much emphasis to put on each syllabus section from A-H
Eg.
IT section 15% of syllabus /learning outcomes
Project mgmt 20% of syllabus/learning outcomes

I would really appreciate this – even if it is just approximations.

Many Thanks 🙂

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