ADVANCED AUDIT & ASSURANCE (PAPER 3.2)

INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG

dc.contributor.author	INSTITUTE OF CHARTERED ACCOUNTANT GHANA, ICAG
dc.date.accessioned	2022-07-20T10:38:56Z
dc.date.available	2022-07-20T10:38:56Z
dc.date.issued	2019-05
dc.identifier.uri	http://41.66.247.10:8080/xmlui/handle/123456789/474
dc.description	PERFORMANCE OF CANDIDATES Looking at level of difficulty of the questions, candidates were expected to have performed very well but that was not the case. It appeared some candidates did not take time to understand the requirements of the questions. However reading through the answers it emerged that candidate did individual work with no sign of copy work as no two answers appeared the same. This time candidates did not stray with the columns reserved for examiners and moderators in the answer booklets. However some candidates put page numbers in the space for question numbers which confused examiners at the initial stages of the marking. Even though it was evident that some candidates did not have the understanding needed to provide the right answers owing to lack of adequate preparation, there was no evidence of copy work or attempt to cheat. Answers provided represented individual effort as no two answers looked the same. The level of difficulty of the question should have resulted in higher performance by candidates. Performance this diet was better than the performance in the previous diet. This is evident from the percentage passes achieved in the two diets – May 2019 pass rate was 39.39%, pass rate for November 2018 was 36.62%. It was evident that many candidates have the knowledge but lack the ability or skill to apply the knowledge to solve problems.	en_US
dc.description.abstract	STANDARD OF THE PAPER The standard of the paper is fairly high. The verbs used in setting the questions include appraise, recommend, prepare a checklist, discuss, analyse and evaluate. Candidates were tasked to use analytical and evaluative skill to answer the questions. The paper covered ninety (90) percent of the syllabus. Section G – “other assignments” featured two questions with mark allocation of 20 instead of 10. This situation resulted in Section E – “internal audit function” being left out. The solutions adequately responded to the requirements of the questions. The marking scheme based on the solutions was structured with fairness to the candidates in mind.	en_US
dc.description.sponsorship	ICAG	en_US
dc.language.iso	en_US	en_US
dc.publisher	ICAG LIBRARY	en_US
dc.relation.ispartofseries	AAA;PAPER 3.2
dc.subject	MAY 2019 PROFESSIONAL EXAMINATIONS ADVANCED AUDIT & ASSURANCE (PAPER 3.2) CHIEF EXAMINER’S REPORT, QUESTIONS AND MARKING SCHEME ICAG LIBRARY NYARKO TWUM OSBORN ERNEST YAW DENKYIRA	en_US
dc.title	ADVANCED AUDIT & ASSURANCE (PAPER 3.2)	en_US
dc.title.alternative	AAA PAPER 3.2	en_US
dc.type	Learning Object	en_US