AUDIT PRACTICE & ASSURANCE SERVICES
PROFESSIONAL 2 EXAMINATION - APRIL 2010

NOTES:

SECTION A: Answer Question 1, and
SECTION B: Answer any two from Questions 2, 3 and 4.
(If you provide answers to more questions than required in Section B, you must draw a clearly distinguishable line through the answer not to be marked. Otherwise, only the first two questions to hand will be marked.)

Time Allowed
3.5 hours, plus 20 minutes to read the paper.

Examination Format
This is an open book examination. Hard copy material may be consulted during this examination subject to the limitations advised on the Institute’s website.

Reading Format
During the reading time you may write notes on the examination paper but you may not commence writing in your answer booklet.
Marks
Marks for each question are shown. A mark of 50 or more is required to achieve a pass in this paper.
Answers
Start your answer to each question on a new page.

You are reminded that candidates are expected to pay particular attention to their communication skills.
Care must be taken regarding the format and literacy of the solutions. The marking system will take into account the content of the candidates’ answers and the extent to which the answers are supported with relevant legislation, case law or examples where appropriate.
Answer Booklets
List on the cover of each answer booklet, in the space provided the number of each question attempted.
Additional instructions are shown on the front cover of each answer booklet.

The Institute of Certified Public Accountants in Ireland, 17 Harcourt Street, Dublin 2.

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS IN IRELAND

AUDIT PRACTICE

PROFESSIONAL 2 EXAMINATION - APRIL 2010

Time allowed: 3.5 hours plus 20 minutes to read the paper.
Section A: Answer Question 1 and
Section B: Answer any two from Questions 2,3 and 4.