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Hi,
Can you please give me advise on what order is best to answer P7 exam paper (or any other for that matter). My 2nd attempt in P7, I answered in question order but then I found Q1 really hard and found that I was really struggling with time to the point that I answered a question is section B in just 20 mins.
Again in Dec 2012 sitting, I thought to answer the question I felt I would do best in first so I started answering Q4 but then as I was doing it, I felt that this actually isn’t my best question…In the 15 minutre reading time I hadn’t paid much attention to section A…and now thinking back I should have done Q1 first. Again, I spent too much time on the first 10 marks of Q4.
Should I just stick to Question order?
On a seperate topic:
I am confused about what I should be writing if the question asks about audit risks.
What approach should I take for it?I have been taught that for business risk questions…focus on non financial reporting aspect and then for financial statement risk, discuss materiality and state the reporting standards but not sure what to do if asks audit risk.
Thank youKind Regards,
Khadija
Question sequence? Pay attention in the 15 minutes so that you don’t find that you’ve missed “easier” questions.
As to sequence itself – of course there’s no “correct” sequence – otherwise all tutors would be singing the same song! It comes down to a question of what you feel comfortable with.
However, you do say in your question that you had only 20 minutes left for a section b question. This has nothing to do with time pressure or technical difficulty. This is simply a matter of self discipline! You’re nearly qualified to be the chief accoujntant of the biggest multi–national conglomerate the World has ever seen and …..
…..you haven’t got the self discipline sufficient to organise your time! Come on! This is not a technical problem! This is simply a matter of saying “That’s it …. now I must move on to the next part of the question”
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