AA*** ACCA Paper AA June 2019 Exam was.. Instant Poll and comments ***

Multiple choice was a disaster but found section b relatively easy. Think they were kind to us :)

I thought it was a relatively straight forward exam, my issue was timing, I was running late in the exam and did not realise at the 10 minute mark I had two questions remaining. A 4 mark and a 16 mark!!!!! I managed to blitz half of the 16 mark question before running out of time. Big shame because I knew how to answer it. I've never run out of time in an exam before now. Oh well, there's always September!

I agree. Multiply was a bit unfair. One wrong and no points. I was able to manage b part. But did not have to check section a. Well as RyanB says. There is always September. But I did not sleep this night at all.

Section A was annoying difficult but B was quite fair and possibly easy.

My section B had Key audit matter- this question has not been asked in past papers Also, I had substantive procedures on land & buildings and Plant & machinery. Section A- I have no idea. They strick you so badly. Anyways lets see what happens..

Hi everyone. Just came back from the exam center, gave AA. How did the AA exam go for everyone.? Honestly it was really a very easy exam, Sectio B basic internal controls, subtantive procedures audit risks and receivables allowance not recorded hence impact on opinion. Many very similar to past papers. Knowledge based CR regarding Control Objectives and Engagement letter purpose and importance for audit. I had Paisley, Cordley and Intercrosse companies. Section A however was a mixture. Some easy mcqs some confusing. Mostly on Corporate governance, substantive procedures and internal controls and this and that. Good luck for future candidates, make sure you have a good grip on all portions and are able to tailor as per scenario.

Disaster to say the least! MTQs, man.... where did they found those? Literally they were far far away from the questions we practise in revision kit. Section B was also difficult. However if one had started Section B first or at least kept themselves calm and composed after dealing with Section A (too much to ask for!), they would have felt it slightly easier. I guess KAM was tested for the first time cause i hadn't seen any questions in Kaplan kit. Similarly, substantive procedures when there's a provision and the amount is possible to be recovered from supplier really confused. I might have failed it.

@claudia123 said: I thought it was quite a fair exam, although Section A had a lot of 'multiple response' questions, which I always find unfair as one wrong part and you're back to zero! My Section B questions were on internal control deficiencies for Yangtze Co (I think?), substantive procedures for a bread-making company (got a bit stuck on how to explain procedures re: the unsellable bread), and audit risks with Mekong Co. Also got a question on explaining potential threats and safeguards. Theoretical questions were on internal vs external audit, and the audit strategy/ plan. All-in-all not too bad, but I've seen many times that people score less on AA than they were expecting, so I'll wait until mid-July... Hope everyone else's exam went well :)

Sounds like you and I pretty much had the same section B. Really unsure how mine went. 4th attempt and felt the most confident....and nothing i thought would come up did, ha! Started section B first, then had to rush section A as it was a lot trickier than I've seen before! Ran out of time with B, so definitely lost 19 marks! Annoying I think because I felt more confident, i wrote more, therefore ran out of time! Really hoping for a pass this time, can't be dealing with any more teasing from my ex-auditor boss!!

Mine was mostly ok, though slightly forgot what is appropriate for audit risk responses. Basically suddenly felt like I was being too detailed like I was almost giving substansive procedures... but then when I considered going more general I couldn't think of anything other than things like..."extra focus/testing on this".

@Dimple : Sounds like we had the same paper. I don't think that I was thorough enough for my substantive procedures. That's a topic I really dislike.....Hoping that I at least scrape the 50 mark. Second attempt. Section A was difficult. Was only positive about 2 or 3 questions. Sucks!! Was looking forward for at least 10 of the 15 positive answers.

What was the answer of the letter of representation? on date of audit report being issued or the day audit work was completed??

@avishco said: What was the answer of the letter of representation? on date of audit report being issued or the day audit work was completed??

This question completely stumped me! Had a guess at the date the audit work was completed but it was just a guess. Also forgot some of the items within the Audit Strategy, and struggled to come up with 2 of the 4 procedures required for testing the Completness of a Payables balance, but other than that I think the exam went OK. Good luck everyone.

@avishco said: What was the answer of the letter of representation? on date of audit report being issued or the day audit work was completed??

I think I put the same date as the financial statements were issued, 30th October. Not sure if that’s correct or not.

My answer was the Date audit report was signed

the paper was just fine.the problem was the timing .and yeah section A was a bit challenging. i wonder why ACCA does not add the copy and paste function in the AA exam cause those audit risk and deficiencies questions are time consuming.

Hey guys I hope it went well! (or at least as well as it could go) I was wondering if anyone knew how to request mitigating circumstances on MyACCA? To keep it short, my work didn't automatically save when I went to the toilet because of technical issues. The invigilator advised me to send a mitigating circumstances complaint through MyACCA but I can't seem to find this under the "Exams" section.

@eighteighteight said: Hey guys I hope it went well! (or at least as well as it could go) I was wondering if anyone knew how to request mitigating circumstances on MyACCA? To keep it short, my work didn't automatically save when I went to the toilet because of technical issues. The invigilator advised me to send a mitigating circumstances complaint through MyACCA but I can't seem to find this under the "Exams" section.

You can make a mitigation claim after the results are released. I suppose.

Multiple choice questions(Section A) were trick but Section B was fair.

Thought the paper was ok, usual mix of easy marks and some made you wonder what was actually being asked for. Had the Technical problems too, invigilator locked my system while I popped to the bathroom and then couldn't unlock it, had to sit outside for 15 mins while he ran around phoning the exam team/ACCA for help. Had the time added back on but it wasn't easy sitting back down and getting in the zone for the last hour.

@eighteighteight said: Hey guys I hope it went well! (or at least as well as it could go) I was wondering if anyone knew how to request mitigating circumstances on MyACCA? To keep it short, my work didn't automatically save when I went to the toilet because of technical issues. The invigilator advised me to send a mitigating circumstances complaint through MyACCA but I can't seem to find this under the "Exams" section.

Call ACCA and ask them. I had to do it before but can't remember how of the top of my head. But u can do it as soon as you have had your exam!

@taiwoemails said: Audit risk was asked? I only saw ethics, controls and substantives

I'm pretty sure audit risk is in every exam.

Ah it seems like my messages aren't sending for some reason! @avbosip and @claireday88, Thanks guys! Yeah I gave them a call and they added a section on MyACCA to report mitigating circumstances. All that's left is to hope for the best! @Wayne That was the same technical issue I had! Although in my case they tried logging me into another computer and it said that I had not started the exam at all with all questions unseen. They were unable to restore my save state so I couldn't continue my exam but they were able to obtain a backup of my work (me being an idiot forgot to ask to check it so I can only hope it's correct). We decided to send the backup for marking with a report of the issue, not the best case scenario but oh well! C'est la vie

@taiwoemails said: Audit risk was asked? I only saw ethics, controls and substantives

I believe there were a few differences in the papers people had, it seemed like they had a few different sets of papers and you randomly got one. I personally had audit risk as part of my 30 marker, but you may have had something different.

This is the same exam as myself, I always find myself repeating the substantive procedures, in questions like this, hope its not a bad sign haha

@eighteighteight said: I believe there were a few differences in the papers people had, it seemed like they had a few different sets of papers and you randomly got one. I personally had audit risk as part of my 30 marker, but you may have had something different.

How did you find the risk question ? I had the system was new so risk over completeness of sales etc - so extra sales testing Fraud - Professional Sceptism Profit for Bank Loan ?? - Professional Sceptism Bank Loan Three Years, risk that it isnt split between current and non current liabilities - Recalculate I personally think i failed the exam but i enjoyed the 30 marker, did you have fraud responsibilities of auditor next ? and ethics.

@winifredkizza said: I also had this as my paper This was my fourth attempt having scored a 46,49 then the 3rd attempt my pc crushed i am hoping for the best since i managed to complete my paper on time I allocated 45minutes for each number and 45 minutes for sec A so time wasnt a challenge since i managed to do Sec A in 30minutes and 30 minutes for the last number and the Internal controls 1hr and audit risk an hour also. This time around the exam was fair but for Audit you just keep your fingers crossed because all the attempts i have done the questions seem ok but results come back when i have failed this time around am hoping for the best

I'm fairly certain i've failed - but audit risk was my strongest area. I was bringing in the detail of the standards and all sorts. I think they want to see detail on your responses to risks. Like for the auditors fraud responsibilities - i put under ISA 240 they need to assess the risk of mistatement due to fraud - so theyll talk to mangement to acertain the risk environment - then theyll respond to the risk - by obtaining a written representation to clarify all known frauds have been disclosed to the auditor.

@ryanwilkes1985 said: How did you find the risk question ? I had the system was new so risk over completeness of sales etc - so extra sales testing Fraud - Professional Sceptism Profit for Bank Loan ?? - Professional Sceptism Bank Loan Three Years, risk that it isnt split between current and non current liabilities - Recalculate I personally think i failed the exam but i enjoyed the 30 marker, did you have fraud responsibilities of auditor next ? and ethics.

Oh god, I'll be honest I cannot remember lol. But that audit risk question doesn't sound familiar so either I completely failed or we had a different question, hopefully for me the latter. I do remember having a small question on ethics like 4 marks but I don't remember much apart from something about a luxury hotel. Sorry I honestly can't remember! I did section B first so I completely forgot about it

@eighteighteight said: Oh god, I'll be honest I cannot remember lol. But that audit risk question doesn't sound familiar so either I completely failed or we had a different question, hopefully for me the latter. I do remember having a small question on ethics like 4 marks but I don't remember much apart from something about a luxury hotel. Sorry I honestly can't remember! I did section B first so I completely forgot about it

The last section of the 30 marker was on substantive procedures on plant and machinery i think ??? So just put Trace from register to actual machinery machinery to register cast register agree to financial statements physically inspect look for company name on documents, invoices, contracts and as i was running low on suggestions perform proof in total on depreciation My last question and some of the mcq's are where i had issues - i dont believe ive passed

I also don't think I passed, the mcq's were fairly difficult in my opinion. Also there was a key audit matter question which stumped me. To be honest, I don't mind too much and I am just treating it as a learning experience, no more going to the toilet! At this point it's probably best to not worry and hope for the best!

@avbosip said: You can make a mitigation claim after the results are released. I suppose.

@claireday88 said: Call ACCA and ask them. I had to do it before but can't remember how of the top of my head. But u can do it as soon as you have had your exam!

Hey guys thanks! Yeah I gave them a call and they added a section for me to send a mitigating circumstances appeal, now all I can do is hope for the best

@wm1878 said: Thought the paper was ok, usual mix of easy marks and some made you wonder what was actually being asked for. Had the Technical problems too, invigilator locked my system while I popped to the bathroom and then couldn't unlock it, had to sit outside for 15 mins while he ran around phoning the exam team/ACCA for help. Had the time added back on but it wasn't easy sitting back down and getting in the zone for the last hour.

That was exactly the problem I had! Although in my case they tried logging me onto another computer and it said that I had not started the exam at all. They were unable to restore my save state and we decided send a backup of what I had attempted to mark with a report of the issue.