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Hi, I wanted to reply in the comment in the link below, but I’m not sure why I can’t do so. So, please allow me to reply here.
Does that also mean that management bias or other problems such as limitation of scope of work, intimidation threat, weaknesses in internal control, etc can all be discussed in questions related to audit risks and RoMM?
Thank you. 🙂
Hmmm – not sure why you couldn’t comment on it because I hadn’t closed the post (though I have now).
“anything” can only be discussed if it’s relevant to the GIVEN scenario. Management imposed limitation* would be relevant to audit risk (as it would increase detection risk) but would affect RoMM. If deficiencies* in control mean that control risk will not be be tested (because there’s no point testing controls that don’t operate effectively) RoMM will be the same as inherent risk.
These things would have to be presented to you in the scenario information – you should never suppose something merely in order to write about it (that isn’t answering the question set).
Oh I see. That means that if those things are presented in the scenario information, I can discuss them as the answers?
I think rather than me trying to answer this in the abstract, it would be helpful to you to check out these resources to see how information is developed from a question scenario into an answer point in response to the requirement.
There is a video here of a tutor working through ACCA CBE AAA S/D20 Q1 https://opentuition.com/acca/aaa/acca-aaa-revision-lectures
There is another Q/A and marking resource here https://opentuition.com/topic/the-most-productive-1-hour-in-the-preparation-for-the-aaa-exam
Also, if you look at the first post on this thread https://opentuition.com/topic/looking-for-guidance-on-marking-read-the-mind-of-an-aaa-marker – you can download a pdf from the link “Read the mind of an AAA marker”