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Sir,
Would you recommend the whole text book to be memorised or just understanding the key concepts with the use of the technical terms be enough?Which topics would be necessary to be mugged up?
I would really appreciate some tips and tricks for approaching and studying for the paper
Thanks
At the moment, concentrate on key terms and understanding the audit process. Later, when you are practising questions, you can use that to go to the text and learn what you don’t know. I think that starting at the beginning of the text and working through, learning everything is not practicable.
Key areas are::
Planning
Assertions
Controls and tests of controls
Substantive testing
Audit reportsRemember that most of the marks in the exam will be for applying knowledge to scenarios rather than simply repeating knowledge.
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