Step 1. Read back background 10 minutes and note - Key facts - Required AO - Required Quants - Role - Users and objectives Step 2. Read rest of case and list out - Rest of the required AO’s, maximum two required per page - apply detailed notes in margin from background - cross reference related notes from the AO eg Pg 5 para 4 rev rec to page 2 Income statement - Answer any overarching objective like Covenant, audit opinion, financial impact Step 3. Do not start writing. Think, Apply extraneous unclear information from above to role for depth - Financial accounting depth - Audit opinion, audit impact depth - Generally the amount of information given indicates the length of response required Step 4. Writing - Only reread some - Do quant first or by section - Do not reread too much - Watch time - Probably Don’t go back and change 90 minutes planning 210 minutes writing
Very helpful. Great information.
Step 1. Read back background 10 minutes and note
- Key facts
- Required AO
- Required Quants
- Role
- Users and objectives
Step 2. Read rest of case and list out
- Rest of the required AO’s, maximum two required per page
- apply detailed notes in margin from background
- cross reference related notes from the AO eg Pg 5 para 4 rev rec to page 2 Income statement
- Answer any overarching objective like Covenant, audit opinion, financial impact
Step 3. Do not start writing. Think, Apply extraneous unclear information from above to role for depth
- Financial accounting depth
- Audit opinion, audit impact depth
- Generally the amount of information given indicates the length of response required
Step 4. Writing
- Only reread some
- Do quant first or by section
- Do not reread too much
- Watch time
- Probably Don’t go back and change
90 minutes planning
210 minutes writing
Very helpful sir..thank you!