Thanks Kashif! Just wondering if it is necessary to adjust PBT figures by striping out the exceptional item €125m where is also wrongly accounted for in the case, when we calculate materiality?
How to determine whether materiality is to be set at lower , middle level or higher end level when you have not been given the information about the experience the audit firm has been working with his client in the scenario?
Hello Sir, If in the same question the materiality level is set on Revenue (0.5%-1%) or Total assets (1% - 2%) and not based on PBT, how do we select a mid range? As you said the materiality has to be a whole number (7% in this example under PBT). Do we take the extreme Say 0.5% if based on revenue where it's a first year audit client?
Thank you Kashif, was just wondering if we really have issues on share based payment expense recognition considering that the scenario itself is clear that it was expensed over the the period of vesting?
sir can you please guide us that in order to earn communication marks whether we need to write the responses to risk even if it is not required in question?
Thank you very very very much sir.have finally cleared my AAA paper. you are the best .
Many congratulations well done , a sigh of relief! so happy to hear this news Chewe:) great work done.
Very helpful. You are among the best tutors
Glad you think so! Many thanks and wish you success
Thanks for sharing this relevant tutorial lecture, furthermore appreciated spending time with us.
Thank you so much sir for such informative webinars. 😊
So nice of you and wish you success
Big thanks Sir, appreciate your free AAA webinar so much :>
Thanks Kashif! Just wondering if it is necessary to adjust PBT figures by striping out the exceptional item €125m where is also wrongly accounted for in the case, when we calculate materiality?
Yes you can if you remember to do that in exam pressure
@@KashifKamran Thanks again for making the complex concepts easier to digest! Great work!
How to determine whether materiality is to be set at lower , middle level or higher end level when you have not been given the information about the experience the audit firm has been working with his client in the scenario?
thanks for this sound teaching. What if the calculation in the was wrong, will the half mark still be given?
Hello Sir, If in the same question the materiality level is set on Revenue (0.5%-1%) or Total assets (1% - 2%) and not based on PBT, how do we select a mid range? As you said the materiality has to be a whole number (7% in this example under PBT). Do we take the extreme Say 0.5% if based on revenue where it's a first year audit client?
For revenue it has to be 0.5% or 1% either of the two and yes for assets again it's either 1% or 2%
If it’s a first year client, then yes, you’ll take the lower end of the range in any benchmark.
Thank you- This is a secret formula
Can someone please share the group link for AAA
Thank you Kashif, was just wondering if we really have issues on share based payment expense recognition considering that the scenario itself is clear that it was expensed over the the period of vesting?
😊
this lecture is perfect
Thank you very much sir. Your sessions are very helpful 😊
sir can you please guide us that in order to earn communication marks whether we need to write the responses to risk even if it is not required in question?
No , please no risk response. For ethical issues or quality management issues or professional issues you will write
Thank you Kashif Sir 😃
Most welcome and wish you success
Thank you once again Kashif, quite a revelation
Thanks for listening and wish you success
@@KashifKamran most welcome. Thank you 😊
Much thanks Mr kashif
Aworesome indeed
Thank You Sir. Best efforts.
thanks very effective
Thank you so much.
thanks so much sir,
So nice of you, wish you success
thank you for the Guide :)
Happy to help and wish you success
Thank you sir
So nice of you, wish you success
Thank you sir
So nice of you, wish you success
Thank you sir