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More tips will be added in a while. Keep checking for updates.
Opentuition
1. Group audits
2. Material misstatement risk (article)
3. Non-audit services
4. Standard Q3 – matters to be considered (ethical, professional, practical, accounting);
state the evidence you should expect to find on the audit file
(or identify the procedures you would expect to be followed)
5. CAATs
6. Completion of audit (Make sure to read Lisa’s article from October 2011 student Accountant about “Completing the audit”)best of luck with exam!
ansiCan I quote a standard not in full? For example ISA 240 Fruad and Error. Any assistance?
You do not need to memorise the standards but you should exhibit high application skills meaning without quoting specific standards you can produce agood answer.
updates:
ATC
• New audits, tendering.
• Planning, materiality, sampling, analytical review.
• Audit, business or financial statement risk.
• Group audits, joint ventures, goodwill, joint audit.
• Assurance services, PFI, KPI, due diligence, forensic audit, reviews, insolvency (UK & Ireland PQs only).
• Ethics, practice management and other professional issues.
• Close down procedures, opening balances, comparatives, other information, going concern, subsequent events, representation letter, emphasis of matter, audit reports.
• Outsourcing, services providers, use of an expert.
• Corporate governance, internal audit (relating to ethics, outsourcing), audit committees.First Intuition
• Business risks in a scenario.
• Identifying ethical and other professional issues in a scenario.
• Audit reports.
• Group audits.
• Money laundering.
• Forensic audits.hi, anyone can send me P7 june-2012 kaplan mock answers@ waseem_chinarian@yahoo.com
Please can any one send to me P7 June 2012 Kaplan mock answers @ ejikforchrist@yahoo.com
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Dear all friends,
can any one please provide me P7 kaplan mock question and answer for june-2012,please. aperin@yahoo.comDear friends
can anyone send me p7 kaplan mock @ namulemem@yahoo.co.uk@ Ansi What is the title of the material misstatement risk article? Do you mean completing the audit article?
can anybody send me mock exam to ili_varna@yahoo.com
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can anybody send me mock exam to lucksign7@gmail.com
Thanks!Pls ,I need Kaplan’s Mock Exam for P7 Int’l abimbola_funke@yahoo.com
Thanks.
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there is paper in the “document” section, go and download
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These tips are total nonsense! As far as I remember they were never correct. I would even advise to revise everything beside the tips. Good Luck Everyone!
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@pearl: no, he means the very last article Lisa has written which in summary tells below :
they have changed the name for ” financial statement risk” to “risk of material misstatement”
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lol, when you merge the tips together, cos you never know which ones are the lucky ones, you end up with the whole syllabus 🙂
give me a text book, I will tell you 18 tips : Chapter 1- Chapter 18 ! 🙁
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I also don’t find anything on CAATs in revision kit – any suggestions?
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