Доброе утро, коллеги.
Вариант, как быстро собрать ОДДС Косвенным методом (Indirect CF).
Ready set go countdown to exams
4 weeks left to sepember exame
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Which of the following statements is not one of the basis of Activity Based Costing (ABC)?
a) Product cause costs.
c) Activities cause costs.
b) Product consume activities.
d) Activities can be managed.
Which of the following best describes "standard cost" of a product?
a) The planned unit cost of products produced during a particular period.
b) The average unit cost of products produced during a particular period.
c) The average unit cost of products produced in the previous period.
d) The unit cost of products incurred at the start of a particular period
Notes of Optional Paper at Professional Level for September 2024 exam
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How to get your 36 months of accounting experience for your professional qualification?
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Hi Everyone,
As you prepare for your ACCA Audit exams, I wanted to share some essential tips that can significantly improve your performance and boost your scores.
1. Understanding Audit Risk and Control Deficiency:
- It's okay to use the scenario provided in the question, but it's crucial to *explain what the risk or deficiency is in that scenario.* For instance, if a scenario mentions a lack of segregation of duties, clearly state how this could lead to fraud or errors and what the specific risk is to the financial statements.
2. Crafting Audit and Control Responses:
- When writing your responses, *always start with a strong keyword* like check, confirm, or discuss. This not only makes your answer more structured but also shows the examiner your methodical approach. For example:
- *Check* the reconciliation of bank statements to ensure all transactions are accurately recorded.
- *Discuss* with management any unusual transactions identified during the audit to understand their nature and purpose.
3. Writing Effective Substantive Procedures:
- For substantive procedures, make sure you (1) start your answer with a keyword and (2) clearly explain the purpose of each procedure. Additionally, use bullet points instead of numbering to enhance readability and clarity. Here are some examples:
- *Compare* the asset ledger with the asset register *to verify that all assets listed in the financial statements physically exist and are accurately recorded.*
- *Recalculate* depreciation expenses *to ensure they are calculated correctly according to the company's depreciation policy.*
- *Review* subsequent events *to determine if there are any events after the reporting period that need to be disclosed in the financial statements.*
Presentation Tips:
- Writing your audit answers in bullet points helps in presenting your thoughts clearly and concisely.
- Always link your audit procedures to the risks or deficiencies identified to show a clear understanding of their purpose.
Why Presentation and Explanation Matter:
- Audit exams are not just about memorizing information; they test your ability to apply knowledge practically. Clear presentation and correct explanations can make a significant difference in your scores.
- The current pass percentage for the Audit and Assurance (AA) exam is approximately 42%, so effective communication and detailed explanations can set you apart from other candidates.
By following these tips, you can improve your chances of success in the ACCA Audit exams. Remember, it's not just about learning but also about how you present your knowledge.
Good luck with your studies, and feel free to reach out if you have any questions or need further guidance!
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Which of the following is not a potential for a ranking problem between two mutually exclusive projects?
A. The projects have unequal lives that differ by several years.
B. The costs of the two projects differ by nearly 30%.
C. The two projects have cash flow patterns that differ dramatically.
D. One of the mutually exclusive projects involves replacement while the other involves expansion.
Notes of Mandatory Paper at Professional Level for September 2024 exam
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Free ACCA Revision Bootcamp Guide
Tips to plan your revision
Ways to study efficiently
Identify knowledge gaps and solidify learning
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PAY ATTENTION
Think Ahead
ACCA
Exam syllabus changes from September
Access our interactive document to check for any syllabus changes, understand more about what they are and access useful resources.
Each year we carefully review the syllabus for our exams. This helps to ensure that the ACCA Qualification remains relevant, rigorous and aligned with the evolving demands of the global business environment. For example, this may mean new learning outcomes are added to an exam or an increased focus on a syllabus area is necessary.
View what changes have been made, which will be implemented from the September 2024 exam session, by reviewing our interactive syllabus change document.
https://studentaccountant.accaglobal.com/2024/07/24/syllabus-changes-2024-2025/content.html
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