Passing F8

[KayPee]

Hi Guys

Audit and Assurance is examined by Alan Lewin. Alan became the examiner in 2005. Before 2005 AA paper was knowledge based and after Alan came he’s been more interested in how you apply your knowledge in a practical scenario...As far as Alan's Exams goes the first question is usually on{1}Audit Tests either of Controls (Compliance testing) or substantive tests at assertion level....{2}His second favourite topic is Audit reports..in which he gives a scenario and he asks you about what should be done...{3}. His third favourite thing is IT...therefore he used CAATS a lot... {4} fourthly he could test you on Ethics but since Ethics is covered at detailed level in P1. Risk Assessment of a business...which is involved in Audit planning is a key area...
Audit Evidence also plays a crucial part...However the key to passing F-8 exams are study the notes quickly and then do every single paper from June 2005 to December 2008.Once you get Alan's style of answering question you will definitely pass this module...

Good luck
Regards

[dragoon_alex]

Agree. The examiner loves internal control, and it's comes 30 mark question nearly all the exams

[faraaz]

alan gna bring cash and bank this june

[dominion]

Thank you all very much for the tips (F8). I've failed this exam several times and don't seem to have a clue what the examiner is looking for. However, I've started to look at question papers and answer style to grasp a better understanding of this subject. It is crucial to understand what the examiner wants and just give it to him!

[Suze]

Thank you all very much for the tips (F8). I've failed this exam several times and don't seem to have a clue what the examiner is looking for. However, I've started to look at question papers and answer style to grasp a better understanding of this subject. It is crucial to understand what the examiner wants and just give it to him!

I agree with you. I am doing the exact same thing.

[KayPee]

alan gna bring cash and bank this june

Hi there,

So Can you recommend any cash and bank question set between June 2005 and December 2008?

[dragoon_alex]

Hi, pals I had got a lastest news, the current examinant has been fired last week, and a new guy will in charge of F8 this time.

However, I'm not sure whether it will be good or bad for us...

[KayPee]

What did he do wrong or his term of office came to an end.Hey this has thrown the chunk of my plans out of gear!


Okay folks if this true then we have to spread our review of past F8 papers and the examiners reports.

I'm sad,:shocked:

[KayPee]

Hey guys whether there's a new man or an old man/woman we are preparing well so we shall pass

[christine]

i think this information is close to what is expected, but what if it is off based

[KayPee]

i think this information is close to what is expected, but what if it is off based


We stick to our old plan :Covering June '05-Dec'08 plus examiner's report.
In addition to that we ought to do 2 mock papers under exam conditions.
Read lots of articles and bingo! we shall be there!

[Grace]

Hey guys whether there's a new man or an old man/woman we are preparing well so we shall pass

True.

Do not worry whether the examiner is new or old. Just concentrate on the your studies and bear in mind certain tips which are true for any examiner.

For example, while answering a question on audit rpocedure, avoid general audit procedures like:

‘The auditor must verify the bad debts which are written-off ’

Instead to score maximum marks, the audit procedures should be very specific and also framed in such away that a junior auditor would not just be able to follow the procedure given but also carry out the audit procedures.

A good answer would mention:

Each write off should contain the approval of the responsible person, who takes decisions on the write off of accounts receivable only after scrutinising the ledger accounts, party statements of accounts and follow up files.

[Kelly]

Hi Guys,

Bit of a shock, if what you say is true, surley the examiner must have written the exam for June09 at a much earlier date (before he was presumably removed) so... surely its too late to write another paper for this sitting???? My guess is, that the exam we are to sit will have been written by Mr A Lewin, and marked accordingly. The new 'guy' will take over in time for the next sitting.

It just seems too haphazard and unprofessional a way, that 1 month before the exam the ACCA would appoint a new examiner for the current sitting..just doesn't seem feasible.

Anyone else agree with me??

[fiza]

:yes:i really agree with u.this is my first message here and i am very happy,having this platform to share our concerns

Hi Guys,

Bit of a shock, if what you say is true, surley the examiner must have written the exam for June09 at a much earlier date (before he was presumably removed) so... surely its too late to write another paper for this sitting???? My guess is, that the exam we are to sit will have been written by Mr A Lewin, and marked accordingly. The new 'guy' will take over in time for the next sitting.

It just seems too haphazard and unprofessional a way, that 1 month before the exam the ACCA would appoint a new examiner for the current sitting..just doesn't seem feasible.

Anyone else agree with me??

[viji]

Hi Guys

Audit and Assurance is examined by Alan Lewin. Alan became the examiner in 2005. Before 2005 AA paper was knowledge based and after Alan came he’s been more interested in how you apply your knowledge in a practical scenario...As far as Alan's Exams goes the first question is usually on{1}Audit Tests either of Controls (Compliance testing) or substantive tests at assertion level....{2}His second favourite topic is Audit reports..in which he gives a scenario and he asks you about what should be done...{3}. His third favourite thing is IT...therefore he used CAATS a lot... {4} fourthly he could test you on Ethics but since Ethics is covered at detailed level in P1. Risk Assessment of a business...which is involved in Audit planning is a key area...
Audit Evidence also plays a crucial part...However the key to passing F-8 exams are study the notes quickly and then do every single paper from June 2005 to December 2008.Once you get Alan's style of answering question you will definitely pass this module...


Regards

Hi,

I would like to add another probable area which can be examined. It is internal audit.

Regards

Viji

[viji]

Hi,

I feel fraud may be tested this time. This is because the ISA has got recently redrafted.

Regards

Vijaya

[ManOo]

Any idea if Representation letter or confirmation letter can be asked to draft ??

Last time examiner asked for Management letter .. I feel trend will continue and any of the document in audit cycle can be asked .

[erman]

HI.Guys..no worry about this sort of things
I don't think the exam style of paper F8 will be changed a lot this time
My tutor told us Examiner will change in next season.
So I hope we can pass this time.

[Jawad]

thxxx alot for sharing it with us ...it will be helpfull ....