*** ACCA F8 March 2018 Exam was.. Instant Poll and comments ***

Great exam, finished with 1 hour to spare, no surprises everything was asked as expected.

how would anyone remember?

I marked 15% & 50%. Not sure if that’s correct

What about that question where the client threatens to give the tender to another firm in case the audit is not efficient?

@pritaypurecha said:
What about that question where the client threatens to give the tender to another firm in case the audit is not efficient?

Im guessing that question was in the morning session? I didnt having it in the afternoon session. But yeah, intimidation threat does sound like the right answer

I took CBE and it was first time for skills level. Finished with about 30 minutes to spare, however with one control recommendation not provided and test not performed, but identified (i hope correctly). 🙂 This was due to time management as this question took kinda much time in the beginning so skipped to next. What took me most time during revision is correcting typing mistakes. I would not expect that i would spent 25 minutes or so to correct mistakes of typing. The keyboard was very hard to get used to. Just inconvenient for me. The backspace key was small, like all other keys, so everytime you press it you press 9 or whatever is close. And other keys were also too small or to close to each other for me, so kinda hard typing. In the beginning when trying to correct on the go i understood it will take too long so continued with mistakes. While correcting typos finished that control. What i haven’t done though is one risk from 7, but i knew what to include but did not even identified it in the answer (time pressure – detection risk was on my aim). Just left the blank space, maybe stroke through in the question. Overall the exam was very nice, it was so clear, like not before, (even funny sometimes, when customer was changing design too often and client could not keep up with pace and received a claim as a result for faulty products 🙂 ) perhaps because i made and used my own plan while studying from self study guide and practiced more questions also. It was like a stage, while preparing for it was like training in the gym and kinda boring sometimes, especially practising past cbe or free cbe mocks. What also contributed is morning time, time when you feel more energized and clear.

@kasmany101 said:
What was answer for the first question..the code of ethics one?

i dont remember exactly which order the mcqs were. but the answers were:
-that it makes them since think of other than the legal consequences and another one i cant remember the wording correctly

Me and my friend sat the same exam in the morning but she had different questions…. anyone else find this?

I noticed on neighbor screen question about audit strategy, but haven’t got it myself. And it was just a second or less, but strategy was clear and it was related with plan. 🙂

@ayeshatabani said:
Is management required to provide a written representation on auditor’s independence from company?

I said “no”;
but I am not sure if it is correct.

Questions i had on multiple choice were on payables, corporate governance etc. anyone know what they put for the audit risk and responses, also what did they put for the test of controls?

k