Hey Sir, Can you please guide me on how marks are awarded for the Q1 in AAA exam? Last time I checked, it was grossly written as 50 marks, so can you please give me a breakdown? Thanks
You must be referring to the UK version of the exam. You will find the breakdown by looking at the INT version equivalent. So audit risks and/or business risk and/or analytical procedures might be up to 24 marks (approx) – substantive procedures might be 6 marks for one audit area – 10 for two audit areas – ethics/other matters might be 8 marks each – and the usual 4 professional marks.