hi, i am really scared of the paper 2.6 and i am unable to learn inspite of taking tuition . i am unable to understand the paper , i have purchase the bpp manual but its too summarised . theres no detail about the topics. please help me for this paper . this forum is my last resort . so please help me in making me have websites , or way of learning the paper or anything u think would be of a help to me to learn this paper

Hi,
Do all the past year questions without seeing the answer.Try this alteast THREE to FIVE times before the exam,so that u're thorough with exam type questions before taking up the exam.And Please do not AUDIT THE PAST YEAR PAPERS.I'm also taking up 2.6 in june and going to try this approach.

2.6 is hard because it is very easy to write extensively for the paper but you are not necessarily writing what the examiner wants. It's also an easy subject to learn as it seems all common sense but when it comes to questions there is so much application required. Also as audit is becoming a narrow field in the UK (as the audit threshold increases) there are less people with any audit experience (which can only help)!

It is to inform both of you that 2.6 paper requires your understanding about essential componants activities in organistaion such as slaes,purchase,Hr,Procurement, stewardship of assets and others also the internal controls excercised there with understanding of distinction between control objectives and control activities it has wider portion devoted to audit evidence ,going concern and audit report so if you have grasp of knowledge regarding above highlighted topics you may pass the paper although still you need to solve FTC's kit at least 3 times even if you only read the book and solved the kit you will definitly be able to pass the most toughest paper of whole part2.

So start developing your understanding and an advice for you is that excercise rote learning techniques in below topics such as
1)Going Concern chapter#17
2)Computer Assisted Audit Techniques chapter#16
3)External Audit Reports chapter#19
4)Audit Evidence chapter#11
5)Planning and recording the audit chapter#6
These all are chapters of FTC's Study Text these are must do topics because they cover heavy portion of exam paper also you can then able to write in concise means if you had learned them.On the contrary don't try to excercise rote learning trick in other topics such as audit of non-current assets,audit of receivables,prepayments,bank and cash and other internal control topics because they only require your understandings of particular systems.And one thing more don't generalize your answers in rote lerned topics in exam try to be specific to the question and first read whole question then try to attempt

Regards
Muhammad Amir
aamir1_boy@yahoo.com

I am taking 2.6 paper in June 2007 exam. Still going through the FTC Text and trying to understand the topics. Then i will practice FTC KIT.

yea 2.6 is pretty hard.

It's not hard actually it's pass rates deceit many people that it is something hard because now(December 2006's attempt) recent pass rate for 2.6 is only 31% world wide something questionable??????????????????????????? but i think 2.6 can be easiest paper for those who have grasp of knowledge that how organisation works a live examples of organisations that how sales function works? how procurement function work??? etc if you are able to understand that how these functions work then you may find 2.6 an easier paper and one thing important that please doooooooooooooo KIT more and more times if you want to pass paper in this attempts because this will clear lot inside your perception regarding organisations because it's and eye witneses that FTC's use live and real world examples with mixture of past papers

Regards
Muhammad Amir

WELL I HAVE UNDERSTOOD UR REPLIES BUT STILL MY PROBLEM IS NOT SOLVED. IF ANYONE CAN LET ME HAVE EXPLICIT NOTES . I WOULD BE VERY GRATEFUL

thanks .. :)

Still Asking for notes :oops:

I don't know why people still want to use some othodox style of learning......... If you have KIT and BOOK of such high standards like FTC then why you want notes

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