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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › repetition of audit evidence
ma’am can we use same audit evidence across 2 different subparts within a question? like in case of lifeson S/D 19 part a) ii) and iii) can we write the following audit evidences at both the places and get rewarded separately too, i.e. 4marks in total?
” auditors’ expert valuation report to confirm tech market/fair value of property at eh reporting date”
“working papers detailing the assessment of qualifications, reputation, independence and objectivity of auditor’s expert”
Short answer – NO – there are no marks for repetition (ever).
As you can see from the published answer ” Details of the external expert valuer and a working paper detailing the assessment of their professional qualifications, experience, reputation, independence and objectivity.” is relevant to (ii) where it gets 1 mark in total (this is AAA – not AA). The point is relevant only to this part because the scenario tells you that there was an external valuation. Just because (i) mentions the sale at fair value does not mean there was a valuation.