tats d min marks u must try to get for each question...doesnt mean u cant get higher than tat...his aim is to help us PASS, not to score.....better save time for other papers coz dis paper is too easy

McOrange Sheila's 2.6 Tips [NEWLY ARRIVED!!!]

1. Ethics
- conflict of interest
- what to do when fraud/ defaults & unlawful acts are discovered
- new client appointment/ considering whether to continue wif client

2. Identifying business risk & how to manage the risks identified/ internal review

3. Internal controls & tests of controls (payrolls function or purchasing function)

4. Role of EA & IA in risk management

5. Internal audit

6. Identifying audit risk - scenario

7. External review - theory - ISRE 2400

8. Substantive procedures
- audit of trade receivables and ISA 505 direct confirmation (incl. use of CAATs)
- audit of bank/ overdraft/ loans (incl. use of CAATs)
- audit of accounting estimates (provision for bad debts, prov for damages)

9. sampling

10. materiality, summary of audit differences

11. analytical review

12. audit automation, CAATs

13. audit report - theory or scenarios

14. going concern (symtoms, audit procedures & audit reports)

15. misc audit stds:
- ISA 260, 510, 720, 230, 700

16. Corp governance- role of audit committee

don have oh coz im not attending her 3.1 IRC....sorry

2 more weeks to exam...send my early wishes to all ACCA n CAT candidates 1st...ALL THE BEST!!!

newbie....plz pay some effort to search previous pages

btw, i heard CKF is not conducting 3.2 normal classes nor IRC for next sitting coz he is too busy

can anybody (especially coolly, since u r his best fren lol) confirm it? if it's really tat case, i have no choice but to take up chow chee yen's classes

i would suggest you to go for ACCA since you have only 5 papers left. spend 1 more year and you get a professional qualification. why not? furthermore, we are talking bout PROFESSIONAL examination and of course, difficulties and costs are expected.

do some surveys before you enroll in any classes, eg. asking your friends or refer to forums. don't just limit your choices to kasturi and segi. there are many good lecturers elsewhere (ie. mcorange, paac). consistently study hard and you can pass ACCA easily.

just my 2 cents. hope it helps

waliao exams not yet finish u guys already start talking bout next sem...so geng wo...

anyway 2.3 dis sitting is much more harder than previous sittings. CKF's tips onli 50% coming out. he said partnership n change of accounting date SURELY wont come out...but.....partnership comes out as FULL QUESTION in Q2 while change of accounting date 12marks in Q6!!! Q2 big spoiler....i think i failed 2.3 again regret i din pass last sitting....only managed to get 46marks

2.5 is a rather easy paper dis sitting. haneef's tips came out!!! those who attend his IRC know wat i mean la....but still...i onli managed to do 3Q due to time constraint....sigh...hope i can pass le....

2.6 on next tue n 2.4 on wed...i think im gonna drop 2.6 liao....coz even though i study i also don understand 2.6.....better concentrate on 2.4 le.....haihzzzzz

This post has been edited by roy_pck: Dec 8 2006, 04:28 PM