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6 Charles and Jane Miro, aged 31 and 34 years respectively, have been married for ten year
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(c) (i) Calculate Benny’s capital gains tax liability for 2006/07. (6 marks)
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2 Assume that today’s date is 1 July 2005.Jan is aged 45 and single. He is of Danish domic
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(ii) Write a letter to Donald advising him on the most tax efficient manner in which he ca
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(b) Given his recent diagnosis, advise Stuart as to which of the two proposed investments
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1 Stuart is a self-employed business consultant aged 58. He is married to Rebecca, aged 55
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(d) Wader has decided to close one of its overseas branches. A board meeting was held on 3
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(c) In the context of a standard unmodified audit report, describe the content of a liabil
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The finance director of Blod Co, Uma Thorton, has requested that your firm type the financ
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(ii) From the information provided above, recommend the matters which should be included a
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5 You are the manager responsible for the audit of Blod Co, a listed company, for the year
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(c) Software Supply Co. (4 marks)
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(b) Wallace Co; and (5 marks)
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4 You are an audit manager in Smith & Co, a firm of Chartered Certified Accountants. Y
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(c) Discuss the quality control issues raised by the audit senior’s comments. (3 marks)
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(ii) Recommend further audit procedures that should be carried out. (4 marks)
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You are an audit manager responsible for providing hot reviews on selected audit clients w
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3 (a) Discuss why the identification of related parties, and material related party transa
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(c) Maxwell Co is audited by Lead & Co, a firm of Chartered Certified Accountants. Leo
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(ii) State the principal audit procedures to be performed on the consolidation schedule of
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