https://padlet.com/Education_Delivery/cmzvykca0slidn2v This forum is for queries relating to CAP2 Audit material. You must include the session and question number your query relates to. en-us 2020-06-17 13:53:41 UTC 2025-04-19 16:43:32 UTC hello@padlet.com https://images.unsplash.com/photo-1559589689-577aabd1db4f?ixlib=rb-1.2.1&ixid=eyJhcHBfaWQiOjc4MjZ9 Education_Delivery https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/630588537 (Please note; this is not a revision session and full question calculations will not be worked through).]]> 2020-06-17 13:53:41 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/630588537 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/637456924 can you explain the journals for this question]]> 2020-06-23 13:23:54 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/637456924 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/637670500 how to do/practice a substantive testing question? I do not know what to look out for when doing a question. I know the level of detail in the exam solutions is 110% but I am having trouble writing out an answer]]> 2020-06-23 16:08:35 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/637670500 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/637687733 How to identify whether it is a business Risk or Audit Risk.]]> 2020-06-23 16:24:39 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/637687733 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/638674526 In solutions to some past exam papers sometimes they refer to the relevant ISA Standard and sometimes they refer to relevant IFRS/IAS Standard. How do I know which one to mention?]]> 2020-06-24 12:23:09 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/638674526 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/638734406 Why is the provision of €2,250,000 included in the summary of material uncorrected misstatements when materiality is €8,765,000?]]> 2020-06-24 13:21:58 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/638734406 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/638789293 Just wondering if you could provide us with some insight into the level of detail required when referring to an ISA? Is it sufficient to name the ISA and then give a general overview of it or do specific paragraphs need to be quoted and then applied to get full marks? ]]> 2020-06-24 14:02:41 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/638789293 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/642756431 Can notes be stored on our laptops for open book exams or must they all be printed?]]> 2020-06-29 08:35:58 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/642756431 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/643115748 2020-06-29 16:11:04 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/643115748 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/644826474 2020-07-01 09:32:51 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/644826474 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645018844 Can you explain differences between analytical procedures and substantive analytical procedures.]]> 2020-07-01 14:14:35 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645018844 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645325736 can you go through the control that entity should have for Inventory and payroll?

]]> 2020-07-01 20:10:47 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645325736 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645326170 can you give some exam technique in spotting control weakness or provide some general pointers, what to look out for in control process questions? thanks

]]> 2020-07-01 20:11:26 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645326170 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645326964 would identifying the relevant standard and add one or two to say the main objective of the ISA be sufficient. the solution in the papers are so long, i'm wondering if we need to write that much as well and if we dont , around how much marks we will lose?

]]> 2020-07-01 20:12:43 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645326964 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645328540 can you go through what possible questions could be ask on ISA 300 and ISA 540 please? 

]]> 2020-07-01 20:15:00 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645328540 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645329799 2020-07-01 20:16:51 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645329799 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645330044 can explain the difference in the role of transfer agent and depository? are they the same?

]]> 2020-07-01 20:17:17 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645330044 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645330605 2020-07-01 20:18:11 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645330605 anogorma https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645814267 Can you please explain the circumstances when different audit conclusions apply ie qualified except for ... using an Emphasis of matter paragraph]]> 2020-07-02 09:00:05 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645814267 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645835698 Is it probable that because we haven’t had an interim, the questions may change slightly to incorporate the more practical, ticking and bashing type questions that are seen in the past interim papers with copies of invoices/dockets etc.]]> 2020-07-02 09:33:33 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/645835698 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/646318096 Can you please explain the terminology used in exam questions and what the examiner is looking us to answer - eg evaluate, outline, discuss impact, audit implication etc. Practically on questions where there is details about what client has done wrong etc as I seem to get this wrong when doing past papers. Thank you]]> 2020-07-02 20:42:44 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/646318096 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/647297653 Can you please explain why the Summer 2018 Q1 PM is given in the question as 90%? What is the thought process behind this - I would have thought that an initial audit would be a risk factor]]> 2020-07-04 08:25:40 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/647297653 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/647696395 Is there any way to highlight parts of the narrative in the online exam?]]> 2020-07-05 14:35:26 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/647696395 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/647696593 When given a question which is required to be in memo/ email format, but is split across multiple answer boxes, do the memo format and sign-off need to be included in each answer box?]]> 2020-07-05 14:36:10 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/647696593 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/647697408 For an open book exam, can we use Google? Can we refer to notes stored as Word docs on our laptops?]]> 2020-07-05 14:38:54 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/647697408 https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/647697930 Are bathroom breaks allowed?]]> 2020-07-05 14:39:47 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/647697930 Education_Delivery https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/763753133 2020-09-21 12:01:56 UTC https://padlet.com/Education_Delivery/cmzvykca0slidn2v/wish/763753133