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Hello all,
Can anyone recommend what the best way is to prepare for Monday’s exam over the weekend, is there any topics which we should really be focusing our time on or is practising past exam papers the best thing to focus on now?
At this stage? Get the revision kit out and start practising!!
For part B – Assuming you have a good knowledge base of financial statements and all things relating from F2 & F3, and a general understanding of what audit is, procedures, rights, duties, and keeping an analytical mind etc. It should set you up to answering most questions. Then I’d read the cases from the revision kits and familiarise yourself with the topics bought up and what questions they ask. Ethics, audit risks, test controls and the relevant substantive tests are crucial for this section. Go through the mark schemes once you have attempted the questions FIRST, and then note down the types of points they expect from you. And LEARN them. And keep the thought process the same to apply to other questions.
For part A…well..again…answer as many question as you can from the kit( I use BPP) And attempt at least 1 mock exam by the end of all of this, minimum!! Good luckkk!
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