[wasimktk12345]

I think there was de grouping charge for wild Ltd??

[wasimktk12345]

I think paper was okay. Can someone tell me what was correct treatment of degrouping charges in Q2

[wasimktk12345]

Can someone tell what was correct accounting treatment of Decommissioning Provision??

[wasimktk12345]

Feeling very bad. Failed 5th time…
46, 36, 41, 40, and 41. Dont know what to do…. Uffff

[wasimktk12345]

It was unexpected paper. No PFI or due diligence report..
Q1A. analytical procedures 5 marks
B. Group audit risk 18 marks
C. Ethics (tax advice & self interest threat.)
Q2. A. Quality control and ethics 13 marks
B. Audit procedure on contract income
C. Review of audit working paper 5 marks
Q3. Forensic Audit i don’t remember because i did not attempt
Q4. A. Difference between reasonable and limit assurance 4 marks
B. Advantages of audit over review 8 marks
C. Ethics (internal control) 8 marks
Q5. New disclosure requirement 8 marks
B. Wrong Accounting and report implications 12 marks.

[wasimktk12345]

It will be same course. But i am also slightly confuse regarding accounting standards. Because some new standards are applicable from jan 2016. Like IFRS 15 replaced IAS 11 & 18 and IFRS 16 leases replaced IAS 17.
Is there anyone can give us direction what to do??

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