Past Papers of Auditing ( Last 20 attempts )

Topic List (as per Course outline) Standards 2012 2011 2011 Spring Autumn Spring 2010 Autumn 2010 Spring 2009 Autumn 2009 Spring 2008 Autumn

Topicwise Analysis as per ICAP course outline

2008 Spring 2007 Autumn 2007 Spring 2006 Autumn 2006 Spring 2005 Autumn 2005 Spring 2004 Autumn 2004 Spring 2003 Autumn 2003 Spring

= ICAP's 2002 Autumn

Favorite Grand Total

General concepts and principles of audit ISA-200 Objective of Audit + Misc ISA-240 Consideration of Fraud Bound Volume IFAC & IAASB Legal consideraion CO 1984 (Appointment & Removal) (Sec 252 260) Bound Volume Code of Ethics ISA 210 Acceptance and continuance ISA 220 Quality Control Total Performance of audit Planning an audit Assessment of audit risk Audit materiality Audit evidence Additional Consideration Audit sampling Substantive procedures Test of controls Analytical procedures Documentation Total

11

15

8 6 4

16 12 7 4 5 11 3 20 16 21 25 9 10 16 35 11 4 31

14

15

10

5 6

4 4

77 64 21 101 66 110 32 471

8 7 9 24

11 7 29 10 15 25 7 22

10 28 11 4 25 8 7 42 8

9 7 20

3 7 24

6 4 10 30

2 10

6 6 3 23

5 27

16

17

ISA-300 ISA-315 ISA-320 ISA-500 ISA-501 ISA-530 Notes Notes ISA-520 ISA-230

9 9 4.5 7 11 15 3 8 13 6 4 9 6 6 8 11 35 33 7 36 11 12 14 10 36 30 14 6 3 13 3

16 21 4 17

7 9 6 9 12

12 4 10 5 15 4 6 2 6 8 38 3 21 16 6

6 12 8 7 11 20 10 9 53 30

5 4 7 5 7 5 33

5 15

6 42 7 49 43

47

10 3 38

3 8 3 36

12 13 6 6 6 4 15 4 4 5 75

20 5 5 6 8 5 4 6 59

17 10 5 5 10 4 51

62 163 38 98 37 92 104 60 72 65 791

Audit conclusions and reporting ISA-705,706 Audit opinions ISA 700, Form of audit reports CO 1984 Form 35A Total Administration External confirmation Subsequent events Management representation Related parties Using work of another auditor Using work of internal auditor Using work of expert Review of interim Fin.Statments Total

8 11.5 20

24 4 28

23 19 19

7 8 15 8 8

12

10

10 8 18

16

9 16 25

5 6 11

10

13

11 5 16

12

10

10

201 86 286.5

23

12

10

16

10

13

12

10

10

ISA-505 ISA-560 ISA-580 ISA-550 ISA-600 ISA-610 ISA- 620 ISRE-2410

19 5 10 13 7

16 8 15 6 14

13 12 4 6 7 11

6 10 6 8

9 9

7 5 10 8

4 4 7 5 10

10 17

6 4

5 4 5

12

8 7 4 7 21 16 26 34 9 40

6 10 37 10 17 26 24 14 49 16

5 10 27 25 5 14

6 5

13

20

16

16

102 82 87 42 29 43 27 40 452

Grand Total Caveats

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

2000

This analysis is only for identifying trends in ICAP exams; No decision (of selective study) should be taken only upon this analysis. The categorization of degree of importance is just based on marks allocation, no other logical reasoning exists All topics are of equivalent importance as ICAP may ask any topic any time in any detail deemed fit by ICAP This analysis has been compiled with due care but still it is error prone due to human mistake. If you find any mistake plz mail us syedatifabidi@gmail.com

Talib e doa

Executive Summary Portion Marks 1st 2nd 3rd 4th 471 790.5 286.5 452

% 24% 40% 14% 23%

ATIF ABIDI

August 15, 2012.

www.canotes.net

As Per ICAP 25% 35% 20% 20%

Past Papers of Auditing ( Last 20 attempts )

Topic List (as per Course outline) Standards 2012 2011 2011 Spring Autumn Spring 2010 Autumn 2010 Spring 2009 Autumn 2009 Spring 2008 Autumn

Markswise Analysis as per ICAP course outline

2008 Spring 2007 Autumn 2007 Spring 2006 Autumn 2006 Spring 2005 Autumn 2005 Spring 2004 Autumn 2004 Spring 2003 Autumn 2003 Spring 2002 Autumn Grand Total

Most Important Topics - 50 % From these 8 topics Audit opinions ISA-705,706 8 ISA-315 Assessment of audit risk 9 ISA 210 Acceptance and continuance 9 Notes Substantive procedures 15 ISA-505 External confirmation Legal consideraion CO 1984 (Appointment & Removal) (Sec 252 260) 8 ISA-500 Audit evidence Audit sampling ISA-530 11 60

24 7 6 19 11

23 15 6 8

7 14 11 12 16 10

12 13

10 8 13

10 21 7

16 9 12 6

5 10 3 9

10 4 16 6 7 10 6 2 61

13 16 4 3 4

7 12 7 11

11

12 5 10 5

4 13 15

10 3 8 7 55 7 6 4 42 5 6 4 47

10 20 10 8 5 2 5 6 66

10 17 3 5 5 6 10 5 61

201 163 110 104 102 101 98 92

10% 8% 6% 5% 5% 5% 5% 5%

67

3 13 54

4 18 58

3 11 26

25

5 15 51

9 17 64

8 6 9 66

5 9 23

11 15 53

6 46

28

Important Topics - 30 % From these 8 topics Management representation ISA-580 ISA 700, Form of audit reports CO 1984 Form 35A ISA-560 Subsequent events ISA-200 Objective of Audit + Misc ISA-520 Analytical procedures Bound Volume Code of Ethics ISA-230 Documentation ISA-240 Consideration of Fraud

10

15

10

10

87

4%

11.5

4 5

19

8 8

8 12 8 14 28 10 7 40 6 72

8 6 6 7 13 21 12 12

16 10 10 3 45

6 9 8

5 16 3 11 3 14

8 7 11 20 10 11 28 15 42 7 23

5 17 15 10

6 10 5 4

5 4 5 6 25

4 5 4 6 24

4 6 4 14

9 34 33 47 29

29

7 30

86 82 77 72 66 65 64

4% 4% 4% 4% 3% 3% 3%

18

Less Important Topics - 20 % From these 11 topics ISA-300 Planning an audit Notes Test of controls ISA-610 Using work of internal auditor ISA-550 Related parties Review of interim Fin.Statments ISRE-2410 ISA-320 Audit materiality 4.5 ISA-501 Additional Consideration 7 ISA 220 Quality Control ISA-600 Using work of another auditor ISA- 620 Using work of expert Bound Volume IFAC & IAASB 12

9 6 13 10 8 7 6 13 18 40 19 34 3 6 9 4 12 14 6 14 3

16

12 8 8 5

6 20 6 7 5

12 4

10 5

11 9 4

7 4 16 8 7 4 15 4 17 8 4 9 21 7 10 20 12 25 29 28 10 4 25 5 7 5 6 6 6 5

62 60 43 42 40 37.5 37 32 29 27 21

3% 3% 2% 2% 2% 2% 2% 2% 1% 1% 1%

36

22

32

Grand Total

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

100

2000

100%

Caveats

This analysis is only for identifying trends in ICAP exams; No decision (of selective study) should be taken only upon this analysis. The categorization of degree of importance is just based on marks allocation, no other logical reasoning exists All topics are of equivalent importance as ICAP may ask any topic any time in any detail deemed fit by ICAP This analysis has been compiled with due care but still it is error prone due to human mistake. If you find any mistake plz mail us syedatifabidi@gmail.com

Talib e doa

ATIF ABIDI

August 15, 2012.

www.canotes.net