In the past, this paper only had F3 moving into the F8 paper, but the new examined Pam Bahl has decided to ensure that accounting standards are examined in the audit paper, this doubles the effect of the accounting standards.
It can be seen that this paper also has some flow over from F4 Law paper, which means that having a sound legal knowledge should improve your understanding of audit.
Well whats the impact in terms of amount of knowledge in the paper - actually there was some reduction in the new syllabus
Reduction in some issues about internal audit reporting and operational audits that cover marketing, HR and treasury
There is also a removal of the IT aspect of the audit issues that was initially increased due to the previous syllabus change but was never ever examined properly- so that is good news.
The increase is the implication of the accounting standards on risk
such as IAS 2 - Risk that inventory may be valued wrongly (higher of cost or NRV), but now you have to go into the exam with all the standards in F7, hopefully with the exception of group based standards (which is only examinable in P7)
I am currently only teaching this paper in KDU, Sunway JB.
The DATE F8 will be held for JPro is provided below:
Those that are staying near to Shah Alam and Klang can consider my centre for easy of access (since there is a new exit that links the Kesas direct to my centre)
The classes for my centre is usually 7 hours per week on Wednesday, classes will start after results are out from (9 - 5 pm)
24 Feb x 7
2 Mar x 7
16 Mar x 7
30 Mar x 7
13 Apr x 7
27 Apr x 7
(9 - 6 pm)
25 May x 8
26 May x 8
27 May x 8
Complete coverage of the paper + revision will be RM1,000 - SMS your name to 0178786074 to confirm your seats.
For the P7 Paper - I will only be teaching in Sunway JB and my centre.
DATE P7 for Jpro is as follows [8hours per day (8.30 - 5.30)]
19 & 20 Feb
12, 13 & 19 March
2, 9, 10 April
Revision - 28,29,30, 31 May
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