Hints & Tips for P7 Advanced Audit and Assurance
ACCA Paper P7 – Advanced Audit and Assurance
We expect that the P7 exam in December will mirror previous sittings, with two compulsory questions making up the majority of the marks on offer and a choice of two from three optional questions.
Remember, the compulsory questions will be fixed at 35 marks and 25 marks for Questions 1 and 2 respectively, with up to 4 professional marks available in one of these questions, while the optional questions will score 20 marks each.
You should be aware that for exams from December 2014 onwards, the P7 INT syllabus includes examinable content on the audit of public sector performance information which you should be prepared for – watch out for technical article content as the examining team may decide to supplement the study guide with additional information.
For this sitting, you can again expect a planning scenario in the compulsory section which should test risk assessment, audit procedures and professional issues, while we expect that optional questions will also test audit reports, evidence, ethical and other practice-related matters.
Candidates should also take heed of other recently published article content from the P7 examining team on internal audit, ethics, accounting issues and forensics when preparing for this exam.
Good luck!!!
You can also visit ACCA's website for more information about P7 Advanced Audit and Assurance.
ACCA Paper P7 – Advanced Audit and Assurance
We expect that the P7 exam in December will mirror previous sittings, with two compulsory questions making up the majority of the marks on offer and a choice of two from three optional questions.
Remember, the compulsory questions will be fixed at 35 marks and 25 marks for Questions 1 and 2 respectively, with up to 4 professional marks available in one of these questions, while the optional questions will score 20 marks each.
You should be aware that for exams from December 2014 onwards, the P7 INT syllabus includes examinable content on the audit of public sector performance information which you should be prepared for – watch out for technical article content as the examining team may decide to supplement the study guide with additional information.
For this sitting, you can again expect a planning scenario in the compulsory section which should test risk assessment, audit procedures and professional issues, while we expect that optional questions will also test audit reports, evidence, ethical and other practice-related matters.
Candidates should also take heed of other recently published article content from the P7 examining team on internal audit, ethics, accounting issues and forensics when preparing for this exam.
Good luck!!!
You can also visit ACCA's website for more information about P7 Advanced Audit and Assurance.
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