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the painting was material both in the SPL and SFP. 1 mark for calculation and one mark for stating that it was material
It is a qualified report except for opinion. one mark,
stating that management refuse to amend the fs is one mark
Agreed! I got 49% on my first attempt in March and I had 15 mins spare. This sitting had so much to read & write that I only managed to do 7/8 audit risks – I needed an extra few mins lol
I think they will just mark your first 8, but maybe your best 8. Personally I’d develop your other 8 instead of writing a 9th+ as you get no additional marks so effectively wasting time?
Fo the impact on audit report, the inventory was expired so it should have been removed from the inventory?
the painting was material both in the SPL and SFP. 1 mark for calculation and one mark for stating that it was material
It is a qualified report except for opinion. one mark,
stating that management refuse to amend the fs is one mark
do you know @odean this question was of how many marks was it for 4 marks?
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