ACCA历年真题及答案P7（INT）-2009-dec-question-answer.pdfVIP

) Professional Level – Options Module T N I Advanced Audit and ( Assurance (International) 7 Tuesday 8 December 2009 P r e Time allowed Reading and planning: 15 minutes p Writing: 3 hours This paper is divided into two sections: a Section A – BOTH questions are compulsory and MUST be attempted Section B – TWO questions ONLY to be attempted Do NOT open this paper until instructed by the supervisor. P During reading and planning time only the question paper may be annotated. You must NOT write in your answer booklet until instructed by the supervisor. This question paper must not be removed from the examination hall. The Association of Chartered Certified Accountants Section A – BOTH questions are compulsory and MUST be attempted 1 (a) ISA 520 Analytical Procedures requires that the auditor performs analytical procedures during the initial risk assessment stage of the audit. These procedures, also known as preliminary analytical review, are usually performed before the year end, as part of the planning of the final audit. Required: (i) Explain, using examples, the reasons for performing analytical procedures as part of risk assessment; and