Hello Mr Kim ,
I tried the a sample test question 2 the Mar/Jun 2022of particularly for the audit risk and auditor response .The problem was not fulfilling the time constraint of around 28 minutes and I took around 20 minutes more.
What can you suggest Sir for this problem?
For the response I want to ask how short and brief it should be.I think it should be general response .because it should not be like when explaining the substantive procedures for some assertions like valuation of the receivables.
please lead me for the correct way Sir,
Thanks,
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Audit risk and response
8 risks call for 8 responses in 8 sentences and you have just less than 2 minutes for each sentence. One of the things you can do is not try and force the responses. Get down the risks, don't spend too long thinking about each response; if a good response doesn't come to you perhaps you didn't identify an audit risk. So move on to the next risk.
Thanks Sir,
What about the response will it be short or if sometimes you my think you want to expand the response in details or must be brief details.
due to the fact that your are not able cover your ideas in a short sentence.
Secondly will it a problem if I just copy and past the audit risk from the question and sometimes without changing the text?
Thanks.
There are no marks for mere copying of facts from the question. It is the value that your answer adds to the facts that will earn marks.
Hello Sir,
I mean before I add what type of risk is it and talk about the risk can I copy from the question?
Thanks,
If it helps you to focus on giving an answer point you can - but not if it is wasting time for you.
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