CAP2 Exams

All the best everyone. Roll on friday

yeah i thought it was really long too- spent over 2 hours on the case study and then ended up rushing the last two questions. Didn't think the actual content was too bad tho- thought the controls and inventory rec were very confusing tho

Thought it was a tough exam - very few marks going for free. Had a feeling roll-back stcktake might come up but couldn't find any appropriate past questions to practice on so I ignored it.


Was very pushed for time - the case study was ridiculously long and the marks apportionment meant you had to spend time on each part. Mind you I didn't know anything about the part I didn't get to attempt - audit implications of dividends? WTF?

Thought Q3 and Q4 were fair enough but spent far too long on 3 -5 mark questions. Thought some of Q1 was tough, got everything down on paper with 30 seconds to go but think a lot of it was rubbish...reckon in the 45 - 55 mark so will have to wait and see...

everything they asked wasn't overly hard i thought but just not enough time at all. i started with the section b but spent way too long on it, especially the 5 markers. i did 2 & 4, didn't like the look of q3 at all!

case study was ridiculously long, the work for the analytics took ages. thought the differences with creditors balance part was ok. i was rushing at the end and wrote hardly anything for the controls and risks etc. if i timed section b better prob would have been ok. ethics was grand can't remember what the a part for a few marks was but i left it behind in my rush!

might have scraped a pass but could just as easily failed it. in fairness my timing was as much to blame as the length of the paper even if the case study was particularly long.

anyway 1 down 3 to go (for now)

gerrymadden1 wrote: »

Thought it was reasonable enough. Thought q1b took way too long for 15 marks considering the workings that went into it!! Touch and go for 50%!

Reasonable enough paper if we had 4 and a half hours to do it.

Question 1 way too long, had to leave Q1b in the end because was spending way too long on workings, and had an eye on the clock for the other two questions. Gave a fair go at question 3 and only got about half of question 2 attempted.

Spent too much time and effort explaining things for the 2 and 3 mark questions.

I am sick of these bloody exams.:mad:

Nidot wrote: »

I'd be happy with 50% by the way.

Wouldn't everyone?

Some one stopped me at the end of the exam from the ICAI and asked what i thought of the paper- I mentioned to her that i thought the paper was very long and i was stuck for time. There is an official way of submitting too but not sure what it is

prinz wrote: »

I am sick of these bloody exams.:mad:

I hear ya dude!

Hi All

I'm one of the CASSD reps.

There will be a message on your desk on the fourth day confirming the details but definitely definitely definitely give your feedback.

The email address is cassdinfo@gmail.com

I thought the same about the institute during first year, that they simply didn't care and went to one of the feedback sessions at Christmas to tell them what I thought.


I was really surprised about how much they took on board.

For example I criticised the timetable for CAP 1 - saying it was very tough for people who had to sit all 5 exams, and that they should have a day off midweek and to move Law and tax to day one - both of which happened this year. (should have asked for a day off midweek for CAP 2s obv!).

Now I'm not for a second saying I was the only one making those suggestions but it goes to show that if enough people give constructive feedback - things change. Another small example is the way the case study folded out so you could read all three pages at once - a small point but one that was asked for by the students and accepted.

Ron B - that is exactly the type of thing the Institute should be told (re the desks) - it might make a difference for your FAEs.

One thing is certain - nothing will change if people don't make constructive criticism and offer suggestions.

All the feedback in the world won't make them give marks for questions I didn't get to attempt in fairness.

Sofa King Great wrote: »

Potentially this won't be a popular opinion but is it not kind of the point that you are seriously against the clock? Especially seeing as it is an open book exam.

Do they want us to actually know the stuff or just to be able to write fast?

Altaglusgan Lad wrote: »

I thought the first question was ridiculously long, especially Q1b which was only for 15 marks.

The case study about revenue and the changes during each quarter of 2009 would have needed Houdini to work out what the hell they were getting at, resulting in a lot to time wasted.

They are always saying Bullet Points! Bullet Points! Bullet Points!

Can I just say to the Institute…… BULLET POINTS!

I agree with you about the way they phrased the revenus question. Absolutely no need to be so cryptic about it. It only served to slow people down

that really was stupid giving a breakdown of 2008 "total circulation sales" and units/prices and then just giving 2009 "total sales"

prinz wrote: »

What was the point in that section? Was it to get the expected sales values as opposed to the actual sales? Tried to do that but after about 25 minutes only had 2 of the 5 titles done and was running out of time to get other stuff attempted.

Seems like something more suited to SFMA than Audit.

ha aye - i was actually thinking that. if i were to try it again, i would have just done a wee table of the changes and used that to proceed instead of trying to read all their crap. ps = house, home and garden readers are sound. very loyal even in these hard times.