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Part -2

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ACCA 2.6

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dnschan - 29 Dec 2005, 10:27 pm
Can anyone share your experience in exam 2.6 I attempted the 1st attempt in Dec 05, I have no cofidence to pass because I feel it's not easy. Is it easy to you or not?
rockZ - 30 Dec 2005, 02:47 am
It was second attempt in Dec term and i am very much pleased and satisfied the way i attempted the paper.
In june term i was failed with 49 marks.And it was very very bad time for me and then i prepared with more attention and hard work now i expect 60+ marks.
Which question do you think was not easy ?
Thank You.
dnschan - 30 Dec 2005, 08:50 am
I think the difficulties of 2.6 is some of the answers of the questions that you can't get the answers from the text books. Also during the exam I don't have enough time to answer all the questions.

Moreover, I learnt that it will not be easy if you are not working for the audit firm.

The following are the questions I answered in Dec 05

Question 1 is about the Inventory, it's OK to me.
Question 2 is about the Internal Audit, it's OK to me.
Question 3 is about Planning of Audit, I think I didn't answer it well. It's quite difficult, maybe I didn't study it well.
Question 4 is about the subsequent events, I answered it but I didn't study it before, I just answered it based on the knowledge I remembered on the class, it's not too difficult if I studied it before.
Question 6 is about the CAAT in Sales and Inventory system, that is very difficult although I studied that topic before. I should not answered that question.
Also I didn't have sufficient time to answer all the questions and plan the answers.

What do you think of those questions?
goldess - 30 Dec 2005, 09:26 am
QUOTE:

Moreover, I learnt that it will not be easy if you are not working for the audit firm.


The same lesson i learnt in June sitting.Though i managed to pass the paper but it was really difficult to handle the situation.2.6 and 3.1 require Real time Auditing experience.
Ali_Raza - 01 Jan 2006, 06:30 pm
I attempted all the questions and parts.I am confident the way i answered the questions.Moreover my seniors told me don't miss any part of the question and try to answer as per you are real auditor and having full responsibility of the work and don't fear whether my own logic will be good or not but keep on answering.
And Question 3 wasn't any difficult question it was asked to answer in simple manner and you know planning of audit is always same starting from main few points.
dnschan - 20 Feb 2006, 01:26 pm
Thanks to God I passed the exam in Dec 05, and also thanks to the examiner gave me 50marks. I was worried about the exam because I didn't answer it well.

Anyway, the part 2 exam is overed. After studied 2.6 I decided not to take 3.1 because I feel difficult in 2.6 and I don't want to touch the audit again.