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P7 Audit -International

Forums › ACCA Forums › ACCA AAA Advanced Audit and Assurance Forums › P7 Audit -International

  • This topic has 6 replies, 6 voices, and was last updated 10 years ago by Nathan.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • November 12, 2013 at 5:05 pm #145685
    deepmaharaj
    Member
    • Topics: 58
    • Replies: 32
    • ☆☆

    Dear Sir / Madam,

    Is it necessary to quote relevant ISAs befitting to occasions in Answer Book ! Are they carry more worth in terms of extra mark if quoted rightly ! If answer to this is yes, Can we have list of ISAs – for important references at one place ! It would be like ready reckoner. kindly Advise

    Deep

    November 12, 2013 at 5:21 pm #145698
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    AT LAST! The P7 examiner has at last indicated that there are no marks for quoting ISA numbers. So, no, there is not to be a list from me – that would be a waste of my time and of yours!

    November 12, 2013 at 5:33 pm #145705
    deepmaharaj
    Member
    • Topics: 58
    • Replies: 32
    • ☆☆

    Dear Sir,

    Thanks for quick and crystal clear answer . With due regard to you ,are you really sure about it as ACCA solved answers make frequent references of ISAs. BPP Book says if you quote ISA – half mark is yours. This I am writing out of anxiety and tension, Kindly dont take it otherwise.

    Deep

    November 12, 2013 at 7:29 pm #145728
    nouman
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    It is neceassary to refer ISA/IAS..as per emainer marking scheme it is stated that there is half mark for refernceng.

    November 13, 2013 at 2:12 pm #145819
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 4
    • ☆

    No, in the most recent texts from both Kaplan and BPP and in the examiners marking scheme for the june exam there is no reference to using the ISA numbers, you get 1/2 a mark generally for explaining what “should” be done via the ISA but no marks for naming it.

    Laura

    November 18, 2013 at 4:42 pm #146619
    aimanaljafri
    Member
    • Topics: 8
    • Replies: 39
    • ☆

    my tutor said you get 1/2 mark at least just by quoting the relevant accounting standards…and yes the ias numbers. learn them.

    August 19, 2014 at 10:27 am #191445
    Nathan
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    I am sure it makes a better impression on the marker though assuming the quoted IAS or ISA is relevant it is most likely to influence the marker into giving half a mark. After all the marker is human

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