为了帮助考生系统的复习ACCA考试课程全面的了解2011年ACCA考试的相关重点，小编特汇总了ACCA历年考题，希望对您参加本次考试有所帮助！！
5(a)You are the manager responsible for the audit of Willis Co,a large client of your audit firm,operating in the pharmaceutical industry.The audit work for the year ended 30 August 2010 is nearly complete,and you are reviewing the draft audit report which has been prepared by the audit senior.You are aware that Willis Co is developing a new drug and has incurred signifi cant research and development costs during the year,most of which have been capitalised as an intangible asset.The asset is recognised at a value of $4·4 million,the total assets recognised on the draft statement of fi nancial position are $55 million,and Willis Co has a draft profi t before tax of $3·1 million.
Having reviewed the audit working papers,you are also aware that management has not allowed the audit team access to the results of scientific tests and trials performed on the new drug being developed.An extract from the draft audit report is shown below.
Required:
(i)Critically appraise the draft audit report of Willis Co for the year ended 30 August 2010,prepared by the audit senior;
Note:You are NOT required to re-draft the extracts from the audit report.(10 marks)
(ii)Identify and explain any other matters to be considered,and the actions to be taken by the auditor,in respect of the management-imposed limitation on scope.(5 marks)
