New Examiner Article

Based on new examiner article mention:

Qn 1)
Most likely based on profit organisation, assumed all entities using computer based system, detailed on CAAT is not expected.

Beside those past exam question in question 1 will still continue examined as Qn 1 topics as well as additional areas such as Audit Risk, Internal Audit and Assurance

Qn 2
Qn will normally based on ISAs and also cover other key technical area of the Study Guide

Qn 3 and Qn 4
Application and Scenarios based question either profit or non profit organisation such as Qn 4 from dec 08 exam which was based on charity (non profit organisation)

Qn 5
Important for candidates understand what an audit reports is, how it may be modified and when these modification are relevant

Based on the new examiner analysis, key topic that need to focus on:
1. Audit Risk, Going Concern and Subsequent Event which related to modified or unmodified audit report and when is these modification are relevant (scenario based question)

2. What an Audit Report is? maybe include list and briefly explain the contents or extract auditor report what does it mean by that particular sentences or anything wrong in the sentences written in the auditor report

3. Internal Audit

4. Assurance? includes Positive and Negative Assurance, or maybe also include Value for Money the 3E’s?

5.Non-Profit Making Organisation

6. ISA ? ISA 315, ISA 330?

All these are just based on my pre-sumption from new examiner articles for this coming exam which is 2 more days to go

If anything I have missed out, incomplete or not correct, no obligation, this is just for sharing only for our last minutes of revision

Lastly, do or must read new examiner articles