- This topic has 87 replies, 41 voices, and was last updated 4 years ago by
.
- Posts
I am taking APM in Bristol on Wednesday…. I take it you had a morning slot? do you know if there was a knock on effect to the afternoon exams?
might be wise for me to take food with me 🙂
Was the Bristol changed from the Hotel to by the docks?
That was the other option I was torn between. I actually went for the other one, disclose because I thought if it was a place a lot of people visited it may very well be in the public interest… having said that, the scenario said it had already been on the news..
It really was 50/50 for me.
In the grand scheme of things I hope it won’t matterThe one in Cardiff was delayed approx 40 minutes, I have FM on Friday afternoon so I hope it’s slightly more efficient then!
Hi how much did you actually write on the substantive procedures I just managed to make a big line for each substantive procedure because of the time I think they were 15 all together
At least I’m not the only one that felt the MCQs the toughest part of the exam , good luck to all of you guys .
There was a 16 marks question in which we had to identify risks and auditors response at PLANNING stage….
did the responses of auditors include substantive procedures or controls as it was clearly mentioned at PLANNING stage and not the actual field work of audit?
I have my exam in that centre on Friday. Do you know what have happened that got cancelled? It was morning or afternoon session?
I think you actually identify risk and responses in the planning stage so that you design your plan of substantive and test of controls accordingly
Then you performed what you planned in the field work but the risk and responses is always at the planning stage if I am not mistaken
Best of luck
If you are talking about the internal control one then I can’t remember whether it was on the till staff script but the question was
What are the 5 components of internal control and describe them. I hadn’t paid attention to that part of the notes so I hadn’t even heard of them 😀The control environment
Risk assessment
Information system
Control activities
Monitoring controlsHopefully I didn’t need those 5 marks. Does seem to be a question you either get 0 or 5 for
Hi I dont remember having seen that question (regarding the 5 items of internal control) I remember about the cash systems and controls (16 marks) (tough by the way as I was running out of time) the next question was about general and application controls and 2 examples of same (4 Marks ) are exams different or did I miss a question ?
Reading Dec-19 forum comments a lot of students thought they would pass but failed with results in 20’s. I assumed you get a mark per point made but reading the comments they said you get 1/2 per point made! Now feeling not very confident
I think in substantive procedures is 1 per point and audit risk and controls is 1/2 identify and 1/2 explain and 1 recommendation or response … impossible not to get anxious… do you know when results will be made available
Did anyone notice an error in one of the questions it stated something along the lines of Bluebird Co’s receipt was allocated to Finch Co.
However, Finch Co was never discussed in the pre-text…
SECTION B
30)
– 5 components of internal controls
– 4 key controls and test of controls
– 4 deficiencies and recommendations
–20)
– Audit planning benefits
– Audit risks and response20)
– substantive procedures on income
– Substantive procedures on restructuring provision
– Substantive procedure on bank loans
– Audit opinion if 270,000 material but still included
– Corporate Governance deficienciesTrying to recall all the section B questions so we can discuss answers.
Anyone can remember the ones I missed?
Are all papers the same? I dont remember some of what you’ve stated… hopefully I didn’t skip anyone
I believe there are some variations based on region and exam method, so that might be it.
I understand that whatever mark you score in the AA exam is divided by 120 and multiplied by 100. Example, if I scored 65, it would be 65/120×100=54%. Is this true?
The exams can be different when it is a CBE. I had the same question as you on the general and application controls.
No, there are 100 marks in the exam not 120. So if you get 65% right your result will be 65%.
- The topic ‘ACCA Paper AA September 2020 Exam was.. Instant Poll and comments’ is closed to new replies.