Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › *** ACCA F8 December 2016 Exam was.. Instant Poll and comments ***
- This topic has 191 replies, 54 voices, and was last updated 7 years ago by sadafayyaz.
- AuthorPosts
- December 5, 2016 at 5:33 pm #354159
Also went value for money, wasn’t too sure at the time as it could have been financial audit.
Payroll was 16740 approx
IA manager lady
Unmodified opinion with material
There was one about occurence assertion i think, can’t quite remember.
The one about audit staff, i went find more qualified staff and report to audit committee.I am slowly forgetting the questions….
December 5, 2016 at 5:33 pm #354160there was one MCQ for internal audit committee
I remember I chose 3 & 4 which were
IA committee is responsible for appointment and removal for external auditors
and reviewing effectiveness of internal controlsanyone else remember this question?
December 5, 2016 at 5:35 pm #354162One MCQ was about opinion which should be given, I chosed unmodified with material uncertainty
December 5, 2016 at 5:35 pm #354163@ash182 said:
I generally found the exam much easier than I thought it would be. The MCQ’s were quite easy. I dont think the exam covered the whole syllabus very well but thats my opinion.we’ll see what happens – good luck to all 🙂
I’d be interested to know what people put as MCQ answers, i can remember all of them.
Me too
It was ok
I was sick though since 3 days
But exam went fine
I sat this exam first time
Hoping to pass
Good luck allDecember 5, 2016 at 5:36 pm #354164yes one MCQ answer I had chosen
Unmodified opinion with Going Concern uncertainty paragraph
December 5, 2016 at 5:38 pm #354165Question 18
Part d) What opinion type have you proposed? Qualified with ‘except for’ ?December 5, 2016 at 5:39 pm #354166there was one MCQ about going concern assumption
I had chosen 12 months from the date of last reporting hence chose
31-May-20X7
anyone remember?
December 5, 2016 at 5:40 pm #354167@tayyabom said:
there was one MCQ about going concern assumptionI had chosen 12 months from the date of last reporting hence chose
31-May-20X7
anyone remember?
yea i put that, pretty sure its right 🙂
December 5, 2016 at 5:40 pm #354168hello,
but the didn’t the pay rise come into effect after the redundancies?
December 5, 2016 at 5:40 pm #354170@kicek7 said:
Question 18
Part d) What opinion type have you proposed? Qualified with ‘except for’ ?Yes, I had chose same.
December 5, 2016 at 5:41 pm #354171i went Unmodified opinion and other pararaph, but think its wrong! i said this because it was disclosed in the accounts so it didnt need mentioned but it did need to be understood
December 5, 2016 at 5:41 pm #354172@amrita1 said:
hello,but the didn’t the pay rise come into effect after the redundancies?
pay rise took effect from 01-Jan.
December 5, 2016 at 5:42 pm #354173@tayyabom said:
yes one MCQ answer I had chosenUnmodified opinion with Going Concern uncertainty paragraph
Material Uncertainty Related to Going Concern
December 5, 2016 at 5:42 pm #354174@ash182 said:
yea i put that, pretty sure its right 🙂Yes I chose assessment should extend to May 2017
December 5, 2016 at 5:42 pm #354175@amrita1 said:
hello,but the didn’t the pay rise come into effect after the redundancies?
Yes after redundancy
December 5, 2016 at 5:43 pm #354176@tayyabom said:
pay rise took effect from 01-Jan.yes so the pay rise of 6% should only be calculated for the 450 employees?
December 5, 2016 at 5:43 pm #354177@tayyabom said:
there was one MCQ about going concern assumptionI had chosen 12 months from the date of last reporting hence chose
31-May-20X7
anyone remember?
yes i did the same. That is the right ans they must asses going concern for a 12month period
December 5, 2016 at 5:44 pm #354178There was one Mcq about revenue’s assertion
December 5, 2016 at 5:44 pm #354179@amrita1 said:
yes so the pay rise of 6% should only be calculated for the 450 employees?If you do something like this
17m x 1.06 x 0.9 * 10 / 12
You’ll get the required figure 🙂
December 5, 2016 at 5:45 pm #354180@tayyabom said:
If you do something like this17m x 1.06 x 0.9 * 10 / 12
You’ll get the required figure 🙂
yes thats what i did – sorry! i got confused when i read some else who posted their workings
December 5, 2016 at 5:45 pm #354181@amrita1 said:
yes so the pay rise of 6% should only be calculated for the 450 employees?Yes for 450
December 5, 2016 at 5:46 pm #354182@kanchandhankar said:
There was one Mcq about revenue’s assertiondo you remember its options, i vaguely remember but can’t recall.
December 5, 2016 at 5:46 pm #354183@kanchandhankar said:
There was one Mcq about revenue’s assertionYes, i think i chosen d) cut-off
Or i just mixed up two questions, was there a question with test for cut-off and the correct answer was d? 😉
December 5, 2016 at 5:47 pm #354185Shauna did you sit the exam is croke park?
December 5, 2016 at 5:48 pm #354187yep i did…ill take it you did too 😀
- AuthorPosts
- The topic ‘*** ACCA F8 December 2016 Exam was.. Instant Poll and comments ***’ is closed to new replies.