Please use the grid provided on page two of the Candidate Answer Booklet to record your answers to each multiple choice question. Do not write out the answers to the MCQs on the lined pages of the answer booklet. Each question is worth 2 marks. The following two issues relate to Spiko Co’s mining activities: Issue 1: Spiko Co began operating a new mine in January 20X3 under a five-year government licence which required Spiko Co to landscape the area after mining ceased at an estimated cost of $100,000. Issue 2: During 20X4, Spiko Co’s mining activities caused environmental pollution on an adjoining piece of government land. There is no legislation which requires Spiko Co to rectify this damage, however, Spiko Co does have a published environmental policy which includes assurances that it will do so. The estimated cost of the rectification is $1,000,000.  In accordance with IAS 37 Provisions, Contingent Liabilities and Contingent Assets, which of the following statements is correct in respect of Spiko Co’s financial statements for the year ended 31 December 20X4? A A provision is required for the cost of both issues 1 and 2 B Both issues 1 and 2 require disclosure only C A provision is required for the cost of issue 1 but issue 2 requires disclosure only D Issue 1 requires disclosure only and issue 2 should be ignored Answer： A ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 ACCA会员权利 & 义务知多少  

Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Which of the following procedures are TESTS OF CONTROL an auditor should perform in testing the inventory cycle of their client whilst attending the inventory count? (1) Observe whether the client’s staff are following the inventory count instructions (2) Review inventory present in the warehouse for evidence of damage or obsolescence (3) Obtain a sample of the last goods received notes and goods despatched notes and follow through to ensure inclusion in the correct accounting period (4) Inspect and review management’s inventory count instructions A 2 and 3 B 1 and 4 C 1 and 2 D 3 and 4 Answer： B Procedures 2 and 3 are substantive procedures rather than tests of control. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA会员分享 | 会计人成长重在“宽度”与“高度” 2019年6月ACCA考试结束，成绩要如何查询呢？

Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Which TWO of the following substantive procedures provide evidence over the EXISTENCE of trade receivables?  (1) Agreeing a sample of goods despatched notes to sales invoices and to the sales ledger (2) Undertaking a receivables circularisation (3) Review of post year-end cash receipts, if these relate to year-end receivables follow through to the sales ledger (4) Recalculating the allowance for uncollectible accounts A 1 and 3 B 2 and 4 C 2 and 3 D 1 and 4 Answer： C Substantive procedure 1 provides evidence over the assertion of completeness as the direction of the test is from source documents to accounting records. Substantive procedure 4 provides evidence over valuation and allocation rather than existence. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 ACCA会员权利 & 义务知多少  

Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Which of the following is NOT a responsibility of the auditor? A To provide an opinion on the truth and fairness of the financial statements B To conduct an audit in accordance with International Standards on Auditing C To express an opinion on the company’s going concern status   Answer： C  Auditors do not have a responsibility to formally report on the going concern status. ISA 570 Going Concern requires auditors to obtain sufficient appropriate audit evidence about the appropriateness of management’s use of the going concern assumption in the preparation of the financial statements and to conclude whether there is a material uncertainty about the entity’s ability to continue as a going concern.  ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA F1科目考试重点，必看！ ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们  

题了;同样，我的Partner才猜到了我的问题。这就是默契，经常练习的结果。 所以，如果你想考B或者A，经常和搭档练习很重要。当然，如果你只是想考C，那么不用搭档，只要把第一和第二部分好好说就行，因为搭档的作用只体现在第二部分考官问问题和第三部分讨论问题的时候看看你和搭档的默契 第三部分(discussion)：我当时的题目是：你的公司要搬到新的经济开发区，在办公室里要如何设计，需要那些准备。这一部分搭档间的相互配合很重要。你不要一直都同意Partner的观点，这样没办法讨论，一定要对Partner的观点提出质疑才可以使讨论继续。

Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. ISA 580 Written Representations require auditors to obtain written representations to support other evidence. For which of the following matters would a written representation NOT be suitable as audit evidence?  A That all deficiencies in internal control known to management have been communicated to the auditor B That subsequent events requiring adjustment or disclosure in the financial statements have been dealt with appropriately C That the payroll charge for three months of the year when the accounting records were unavailable is correctly stated  D That management has fulfilled their responsibility for the preparation and presentation of the financial statements Answer： C When the accounting records are unavailable, it is not acceptable to obtain a written representation as this represents an inability to obtain sufficient and appropriate audit evidence and if material would result in a modified audit report.  ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA学历项目：英国伦敦大学专业会计硕士（UOL）学位申请 ACCA会员分享 | 会计人成长重在“宽度”与“高度”  

Please use the space provided on the inside of the Candidate Answer Booklet to indicate your chosen answer to each multiple choice question. Auditors have a professional duty of confidentiality under ACCA’s Code of Ethics and Conduct; voluntary disclosure of information may be necessary in certain situations. For which TWO of the following situations should an auditor make VOLUNTARY disclosure? (1) If an auditor knows or suspects his client is engaged in money laundering (2) Where disclosure is made to non-governmental bodies (3) Where it is in the public interest to disclose (4) If an auditor suspects his client has committed terrorist offences A 1 and 4 B 1 and 3 C 2 and 4 D 2 and 3 Answer： D  In the case of situations 1 and 4, the auditor has an obligation to disclose details of their clients’ affairs to third parties. Situations 2 and 3 are ones where voluntary disclosure should be made. ACCA特许公认会计师F段+OBU本科学位班【签约班】 高级商业会计证书+英国牛津布鲁克斯大学学士学位 不过重读1年 查看折扣 ACCA特许公认会计师P段【签约班】 名师授课，签约过关有保障！不过免费重读1年 查看折扣 ACCA特许公认会计师全科【签约班】 名师授课，助您零基础直达ACCA初级 查看折扣 更多精彩： ACCA这张证书价值究竟有多大？写给对ACCA仍不了解的童鞋们 ACCA会员权利 & 义务知多少  

商人做起，一步一步才会有后来的成就的。就像一句广告词所说的，所有的伟大源于一个勇敢的开始，这个道理直到今天，对于我们仍然有很强的借鉴意义，即使我们一开始的工作非常不起眼，我们也要坚持下去，一步一个脚印，相信一定可以创造出自己的精彩人生。   今天给大家介绍了金融历史——美第奇家族，后面还有更多关于金融历史、行业发展、职业通道和发展前景的内容。欢迎大家关注金程CFA微信公众号，还有更多精彩的内容，大家敬请期待。   声明：本文转载自金程CFA原创编辑，作者|褚老师。我们对原文作者，表示敬意！版权归原作者与机构所有，如有侵权，请联系我们删除。谢谢支持！     CFA特许金融分析师1-3级【沪江金程联合开发】 19年12月-22年6月考季的考生，助力通过金融第一考 查看折扣 CFA1级1912考季【沪江金程联合开发】 权威名师倾情打造，助力通过金融第一考 查看折扣 金融英语【沪江金程联合开发】 为零基础学员提供学习指导 查看折扣 更多精彩： 95后，结婚，生孩子，考CFA，这就是我的经历 CFA协会女子奖学金申请了吗？CFA小仙女们福利！

常被记者围堵的大厦里工作。 上了大学的厉害姐第一个发现就是，全班的构成一半是保送生、一半是各省前三名，就只有她一个人是全省第八，还有其余两个是有加分的同学。 这让从小厉害到大的厉害姐自感“埋没”在了状元中，但厉害姐没想到自己清华之路的坎坷还在后面。 用厉害姐的话说： 清华经管和北大光华的学生，整个大学生涯就是一场被精心设计过的大富翁游戏。 他们的路线很简单：大一大二寒假实习四大审计，大二暑假中金、中信，大三去PE，大四去BB行（大型投行Bulge Bracket）。 在我们大一寒假傻不拉几早早回到老家时，厉害姐就跟着毕马威在年审抽凭了。 从大一到大四，厉害姐实习过毕马威、德勤、中信建投、上交所、瑞银、JP Morgan，在我们还为了考会计初级职称挠破头时，厉害姐在大四考完了ACCA。 但即便这样，出身清华、手持ACCA、绩点3.7的厉害姐，大四下半学期找工作时，却接连遭遇滑铁卢。 当时，厉害姐实习的投行部门实习生二挑一，厉害姐输给了一个首经贸毕业，没有任何证书，绩点2.8，但爸爸是某著名会计师事务所合伙人的女生。 经理对厉害姐说的话很现实：你的能力是有，但我们要的是业绩。 眼泪流干的厉害姐气不过，当年没有再找工作，第二年考上了清华的研究生，毕业以后考进了那个经常被记者围堵的大厦，誓要做可以给当年