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1. for example in the question June 2013, Setter Stores (a), when we comment on the matter that depreciaiton should not be charged after reclassification, and in the audit evidence, when we still write as
“written representation from the management that they have not charged depreciation after reclassification”
do we get one mark each for both comment on the matter & audit evidence when both imply the same thing ?
2. change in IFRS 16 lease, i notice that recently there have been changes( like a year or 2,3 years ago) in the syllabus but i can’t really seem to grasp the changes ……. is there like a technical article where i can refer to ? because when i see the lecture note for SBR opentuition lecture note, i notice that the note has not reflected the changes of IFRS 16 lease
1 I think what is written is probably 1 mark. Management representations are weak evidence so really you would want to look for other evidence too.
2 There is a brief note in Chapter 14, 2.15 of the AAA notes. If you need more I suggest you ask the SBR tutor.
1. 1 mark mean, for each comment and audit evidence, 1 mark individually so total 2marks ? or 0.5 individually so total 1 mark ?
I said ‘I think what is written is probably 1 mark.’
At this level if you worry about whether what you sqy is worth 0.5 marks or 1 mark you will fail. First, none of us know the marking scheme. Second, your task is to provide the examiner with the best, most professional answer you can in the time. Explain things as fully as you can using all the time available. Don’t try to keep track of how many marks you might have earned. That is not a orofessional, mature approach.
I have nothing more to add in this matter.
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