STANDARD OF THE PAPER The standard of the paper was very high. The questions were well within the syllabus in terms of structure and balanced in weightings. The paper was relatively free from errors, and each question was very clear, without any ambiguity. The requirements of each question were also easy to understand. Candidates were tasked to analyse and evaluate practical situations Auditors in practice meet in their day-to-day duties. A question on the Public Sector Audit Standards (F: Audit of Public Sector) and the Exposure Draft on Audit of Less Complex Entities (I. Current Developments) were poorly answered. However, each question was within the syllabus in the section stated against them.

PERFORMANCE OF CANDIDATES Candidates’ performance was relatively high. 46.51% passed compared to performances in the previous sitting, where only 24.12% passed the May 2021 examinations and 39.28% passed the November 2020 examination. The common mistakes were what appeared to be too much time spent on the first few questions, leaving little time for the last couple of questions. Candidates from large centres performed better probably due to the availability of tuition centres than those from small centres outside the large cities.