Part (d) for 4 marks required substantive procedures the auditor should perform on Tinkerbell’s revenue. This requirement was not answered well. Some candidates confused this requirement with that of 1b, which required receivables tests, and so provided the same tests from 1b again.

In addition a significant number of candidates provided procedures to confirm bank and cash rather than revenue. Perhaps they confused cash receipts with revenue and so thought that if they confirmed cash receipts this would confirm revenue.

Those candidates who performed well were able to provide a good mixture of analytical procedures such as, “compare revenue to prior year or to budget” and “review monthly sales against prior year” and also detailed tests such as confirming cut -off of sales.