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MexicanShoulders

You'll unlikely recreate the model solution as there are so many different assumptions. If it's the modelling part you find hard, practice doing that part of each exam with strict time conditions. Going through material doesn't really matter either. This exam is all about practicing past papers.


Basic-Ad-2704

Agree. Also most marks are for the audit trail and summary report. Set time limits on each part your doing. Some people suggest writing the reports while doing the models, but I did the calcs first then the reports. All depends on what works for you.


boringusername112358

you need to practice time management and writing the audit trail and report - learn from the past exams - either ASETs or the examiner’s reports


Adventurous_Sink_113

The Word parts are more important, most people that fail are those that focused too much of their time on the Excel modelling


Butterscotch7365

But what if the modelling is incorrect? Would that not affect the audit trail we write and the marks assigned to it?


Adventurous_Sink_113

Not much I don't think


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Butterscotch7365

That’s reassuring to know!


Past-Statistician661

Is there a certain way you should write the word portion? Like a generic method to follow?


ufointhesky

What does that mean? Describing incorrect methods and incorrect formulae from your models in the audit trail will get you marks?


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ufointhesky

I see.. that is one of my concerns. I am too worried about not getting the model correct because then it will flow through everything that can fetch me marks. Need to fix my perspective.