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Attempted two more cases in the past 2 weeks, and have summarized a pattern for PMR and Assurance. Please feel free to leave me your advice or insights. I'd love to learn and hear from each one of you who has gone through this journey. Thanks!

Attempted two more cases, and have summarized a pattern for PMR and Assurance.
PMR:
1) What does IFRS/ASPE say about a certain topic...
2) Jot down case facts to check whether IFRS/ASPE criteria have been met
3) Conclude based on step 2
4) Impact on FS and/or key concerns of the client

Assurance:
1) Factors that will increase or decrease RMM;
2) Materiality - on which basis (pretax income or else, and why - mention who are key FS users)
3) Approach - substantive, or reliance on control, or a combined approach
4) Procedures - for accounting issues identified in the case, must design specific audit procedure for certain assertions
Review client's draft FS, give audit procedures for items that are material, either by $ amount, or by nature (e.g. financial covenants, ratios,,,)

Reviewing MDM and Finance quants this week.
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