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A Bird-Eye view of F8 Forum!

Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › A Bird-Eye view of F8 Forum!

  • This topic has 6 replies, 5 voices, and was last updated 14 years ago by d245.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • September 25, 2010 at 8:42 am #45366
    Salman
    Member
    • Topics: 7
    • Replies: 130
    • ☆☆

    Hello my Dear Students
    As you all already might have felt the difficulty in finding your relevant post throughout the whole
    forum or maybe someone has not answered to your question because he/she has already answered
    it, so i would prefer you to have a look here at this post and see that if the question you want to
    ask has already been asked or not, plus you will get the collection of all the posts inside this forum
    consolidated under this very on topic.
    I have also posted the important links that you should have a look at to get full grip over F8 syllabus.
    Opentuition always has wanted and will want student’s comfortability and fun while he/she learn
    things, so here i am giving you this Bird eye view of the whole F8 forum under this one topic.
    NOTE: This post is UNDER CONSTRUCTION as there will be more posts coming up
    and being added here.

    Something you should have a look before deciding for F8
    F8 Audit Not That Scary….really
    DECIDED
    now,
    UK VARIANT OR INT VARIANT
    1. Which one to sit for UK or INT?
    READY TO SIT FOR F8
    1. Ready to sit paper F8? Top 10 most common mistakes in F8 ans
    2. self study possible for F8????
    3. How to f8 to pass at first time
    F8 STUDY GROUP AND THEIR CHAT HISTORIES
    1. June 2010 INT Variant – F8 STUDY GROUP Started!!
    2. All Chat Histories – F8 INT Variant June 2010 group and Coming sessions
    PAST PAPERS
    1. Past papers from ACCA website
    2. Old Scheme [2.6 Audit and Internal Review] Past papers
    EXAM GUIDE
    1. Examiner’s Guidance
    INCLUDED HERE ARE THE NEW MODIFIED FOR THE CHANGE NOTES OF F8
    OPENTUITION RESOURCES FOR F8
    1. NEW!!! [F8 Course notes June 2010 exams]
    2. F8 notes – kashifkamran
    3. F8 – INT Variant TREASURE
    [IMP]Changes in F8 syllabus, ISAs, New examiner article
    Opentuition Lectures for F8
    SYLLABUS TOPICS
    1. Dec Article – Analytical Procedure
    2.flowchart for audit stages
    3. F8 Past Papers Analysis
    4. Discussion about ISA 200 and Audit process
    MNEMONICS for F8
    SYLLABUS RELATED QUESTIONS
    1.Audit framework and regulation
    2. external audit engagements
    3. difference btween reasonable & limited assurance engagement
    4. Engagemt letter
    5.engagement risks
    6. Identify and describe engagement risks …..
    7. difference between materiality and tolerable error
    8. materiality and risk
    9. Materiality level – tolerable error – expected error
    10. Risk & materiality
    11. What does ’Cast List’ mean
    12.sampling
    13.Audit finalisation – comparatives (ISA 710)
    14. Final v/s interim audit
    15. Interim Audit
    16. what is substantive audit procedures
    17. Procedure to audit intangible assests? -good will etc…?
    18. SSubstantive procedures for Payable balances
    19. Risk Assessment Procedures
    20. substantive procedures on bank balances
    21. Analytical procedures
    22. Negative Assurance.
    23. Valuation assertion of Tangible asset
    24. Financial Statement Assertion & Internal Control
    25. CAATs- audit data and audit software
    26.CAAT – audit approaches around(“black-box”) & Through
    27. INVENTORY
    28. inventory auditing
    29.Unmodified and qualified reports
    30. going concern issue
    31.limitation in standard unmodified auditor report in ISA 700?
    32.purchase and wages procedure
    33. Help: Test of Accounts Payable & Purchases system
    34.Not-for-profit organisations
    35.refer me to questions on not for profit organisations?
    36. Audit strategy and audit plan
    37.difference between audit plan and audit strategy?
    38. who can sue auditors
    39. disclaimer of opinion
    40. Stratification and audit efficiency. . .
    41. Subsequent events
    42. Senior audit partner
    43. How to audit Fixed Asset???
    44.Search for unrecorded liability
    45. how to apply the audit assertions?how to identify audit risk & Audit Risk
    46. CONTROL RISK(help!!!)
    47. Objectivity?
    48. Management Representations
    49. statement of circumstances
    50. Audit Removal
    51. walk through vs compliance test
    52. Difference between substantive tests and tests of controls
    53. Test Of Controls
    54. internal controls
    55. Outsourcing payroll questions
    56. How to determine if amounts are extremely material and pervasive?
    I am sorry if you still find any difficulty in finding your related topics or posts, but i had less time so
    i could just provide you with this
    I will update this time to time to provide you the ease

    September 28, 2010 at 2:46 am #68696
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 2
    • ☆

    Dear Salman, Do we have group chat session for F8 December 2010 and when will It start?

    September 28, 2010 at 4:02 am #68697
    Salman
    Member
    • Topics: 7
    • Replies: 130
    • ☆☆

    I dont know about F8 sessions. You can start yourself if you want to though.

    October 4, 2010 at 9:30 pm #68698
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 52
    • ☆☆

    Salman.
    Thanks very much for putting it all together!

    October 6, 2010 at 2:26 pm #68699
    houseofdaras
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    Under treat to objectivity i came across a term called “chinese wall” pls wat does this mean.

    October 6, 2010 at 2:27 pm #68700
    houseofdaras
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    Salman,
    Under treat to objectivity i came across a term called “chinese wall” pls wat does this mean.

    October 6, 2010 at 3:39 pm #68701
    d245
    Member
    • Topics: 56
    • Replies: 38
    • ☆☆

    there are number of threats to auditor’s independence so certain safeguards are used to minimize those threats .Chinese wall is kind of safeguard .Different sections are made with in the audit firm.Each section is supervise by different partners and particular clients.Sections are not allowed to discuss about their clients with the members of different sections.

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