OVERVIEW OF SYLLABUS AND EXAM
Core areas of the syllabus:
Syllabus areaCorporate governance and EthicsInternal auditPlanning and risk assessmentInternal controlsSubstantive audit evidenceReviewReporting
Exam is 3 hours 15 minutes reading
5 compulsory questions
Pass mark 50%.
– 43 % of people
The paper format (attempt in order)
Question 1Audit Procedures – Scenario Based30 MarksQuestion 2Knowledge Based10 MarksQuestion 3Risk and Audit Approach20 MarksQuestion 4More Specialised Audit Area20 MarksQuestion 5Audit Evidence/Completion/Reports20 Marks
5 STEPS TO SUCCESS1. To pass this exam you must apply your answers to the scenarios2. Expect to get 5 marks per page – therefore a 15 mark questions needs to be 3 pageslong. A 4 mark question no longer than 1 page.3. Read the requirements first. Set up your answer (plan)4. Start each question and section on a separate page Clearly identifying to the marker what question you are answering.5. DO PAST QUESTIONS TO TIME!!!!
ITS IN YOUR BEST INTEREST TO DO THIS MOCK, IT IS THE BEST MEANS OF
. GIVE YOURSELF THE BEST POSSIBLE CHANCE – DON’T LET YOURSELF DOWN.