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Thread: F8 BIT Members : EXAM ADVICE

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    Acid's Avatar
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    Default F8 BIT Members : EXAM ADVICE

    Hi all,

    As exams are coming closer now , Make sure that you go with all the stuff required for exams and make sure that you try to rote learn as many audit procedures and objectives of internal controls , control weaknesses , and risks and the procedures that should be in place to prevent the risk . I have a feeling looking at the past papers analysis that this time there is a chance of Sales , Inventory and Receveiable being examined.

    So its your chance to rote learn them and UNDERSTAND as well , try making mind maps and it would help.

    I am sure that no examiner or tutor would give you this advice as they say that dont rote learn audit procedures ! but for many reasons after taking into account experience of passed F8 fellow I think we should follow this advice!

    After all we dont have enough time to deeply plan audit procedures in exams , do we ?

    Best wishes to all F8 BIT members and everyone .
    Last edited by Acid; 30-05-08 at 11:13 PM.

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    folake is offline New Member (0-29 posts) folake is on a distinguished road
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    Thanks for the advice on the F8-BIT.

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    ShonelleClarke is offline New Member (0-29 posts) ShonelleClarke is on a distinguished road
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    Thanks for this post. Are there any exam tips for F8 for June 09 setting?

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    dragoon_alex is offline Senior Member (100-499 posts) dragoon_alex is on a distinguished road
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    According to my lecturer's experience

    Q1 Internal control on sale or purchase

    Q2 Corporate governance

    Q3 Audit planning

    Q4 Substantive testing

    Q5 Auditing reporting

    It's only the suggestion from my lecturer, I'm not responsibility for it; please don't trust me

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    Suze is offline Senior Member (100-499 posts) Suze is on a distinguished road
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    hahaha, Tips are not to be trusted, still we all look and search for them.

    Exams jitters are always present at this time.

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