ACCA AA March 2020 Exam Results – Instant Poll and Comments

Failed this exam for the 7th time. Some how I have passed all exams first (Including SBR, SBL & ATX) before this on looooooooool yes people you can’t make it up. Keep going I guess haha

49% disappointing feeling.

So surprised to see how many of us were marginally close in this exam.

Booked for September already. Hopefully 2nd time lucky.

Very disappointed with my results, really thought I had over 50%. Waiting for over two hours to take the actual exam didnt help due to server issues!!!

I gave 2 papers FM and AA.
I was expecting pretty good results for AA while not so good for FM but failed AA on 43 and passed FM . I answered questions exactly as they were answered in Kaplan kit. I was expecting 60+. Should I go for Admin review. Any who has personally experienced it?
I was given exemption from it but withdrew to appear for BS.

Passed first attempt with 63%
Thank you OT!
Now to the Strategic level!

Sadly failed with 43% (again!). Hence reason for registering today with Open Tuition!
My nemesis is trying to sit too many exams at once then running out of time to study in depth and finding myself too tired by exam days. Like most people, I work full time.

I actually enjoy studying AA and thought I had passed this time so disappointed with 43% mark.

Onwards and upwards and many congrats to all those who got through this time. For those still trying – do not give up! You can do it.

Hi Kate

Any tips, time spent, resources, approach?? Gratefully received.

thanks

Passed first time with 68%. For those asking for advice on how to pass I’ll tell you what I did:

My study plan begins 2 months before the exam where I spend 1 month learning and going over the syllabus and 1 month practicing questions from BPP Revison Kit and completing past and specimen exams. If I struggle to grasp certain concepts I watch open tuition tutorials. For this particular exam usually Section B which is worth 70% is made up of the Audit Risk and Response section, the Control and Test of Control Section and the Audit Evidence section. So I made sure that for each of these 3 sections I practiced a variety of Section B questions and I could answer the questions no matter what area of a business they referred to (payroll, sales, purchases, inventory etc) I also ensured that I was using the right audit verbs in the right places and once you start doing this it will just come naturally.

Along with this I found that it was very handy to learn which items of audit evidence can be used across more than one area. For example a circularisation can used as audit evidence for bank balance, trade payables balance and trade receivables balance. As well as this in most cases if you are struggling to think of another piece of evidence ‘obtain a written representation from directors’ is one that you can use in a lot of situations.

Also in the long risk and response questions where you have to do a table, if you begin all your risk sentences with ‘there is a risk that’ and all of your response sentences with ‘the auditor should’ this should mean that your answers are more precise and you won’t run as much of a risk of not hitting the point you are trying to make.

Good Luck

First ACCA exam, Got a pass 54%, though I was expecting more. My advice to those who failed: I think the studying method will depend on whether or not you have a background in audit. For those whose first time to deal with audit, take time to read the book if you have one and listen to the lectures. Make sure you understand the difference between test of control and substantial procedures. You must be able to detect potential risk in a given scenario (You will become familiar with different risks after a lot of revision of the BPP revision Kit), practice the BPP revision Kit at least twice.
For those who have studied Audit before like me, I just downloaded the Opentuition book and summarised it. Then went through the BPP revision kit twice. I didn’t have time to do mock exams. Best of luck

@farazhasankazmi said:

@Roccoh172
I think you are not using audit verbs in your answers. It is very important to use correct audit verbs in order to fetch marks. While answering audit risk and internal controls questions use correct verbs and plan your answers with
Risk and consequence of risk
Response and what it will make sure
Control deficiency and consequence of that
Control to be set and what it will make sure
Test of control

Hello @farazhasankazmi. I really don’t know where i went wrong. I really am using all the audit verbs i know of. I am really struggling with this paper. Do you gave any resources which i can check and get my hands on some new verbs. Thanks.

Hello,

Do you really suggest BBP review kit ? I have 75 days. I will study all staff from open tuition.
is it Ok per a days study 2 hours ? i have not study for acca exam around 1,5 years due to on family.I have done 7 exams before. just two exam remain to. Thank you.

Greetings