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+--- Thread: Constantly Failing: Help in audit and costing (/showthread.php?tid=4036)
Constantly Failing: Help in audit and costing - madeeha - 12-21-2006
plz give me some advise. I am giving audit and cost papers for last 3 attempts but cant qualify. I've consulted audit standards, milli champ pac and for cost matz usry, the study text, pac, sp janes but still dont pass. What should i do now?
plz advise me should i again read these books or buy new books?
- naveed84 - 12-22-2006
hi madeeha
As concerned about auditing many 2 or 3 IAS has been revised and one more ISA that is 315 is added in course.so u should buy new standard or get photocopies of revised ISA.As regard costing nothing is changed.
u should take tution for costing and should give proper time to studies.
by
- zafar - 12-22-2006
"Madeeha I m surprized to hear about your audit
refer in this attempt,I think this was
the easiest paper of ICAP history.
It was not difficult to pass if you were studied the
revised standards especially IAS 315 because
20 marks questions were picked form these revised
standards.
I advise u to read the revised standards conceptually
and read it again and again"
"As for as CAC concern, last attempt paper
was not very difficult to solve for a student with
very good practice and concepts.
It was too lengnthy to solve without
a very good practice in 3 hours.
I recommend u for cost elements (Material,
Labor and FOH) PACs past
papers and MATZ,MILLICHAMP and PACs past
papers for other topics.
The most important thing to pass
Cost accounting paper is good practice"
Best wishes,
zafar
- madeeha - 12-22-2006
thx
i don know in this attempt that standards have been changed
but now concentrating on it
as far as cost is concerned im really feeling v bad cauz in recent attempt i was 99.99% sure i''ll be able to pass ive made my concept v clear but didn't passed [V]
let c wht happen now
but thx for giving me advise