Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › *** F8 December 2013 Exam was.. Post your comments ***
- This topic has 120 replies, 63 voices, and was last updated 11 years ago by Calvin Poon.
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- December 5, 2013 at 12:34 pm #150617December 5, 2013 at 4:59 pm #150712
I almost want to say the exam was easy!!! But I don’t like to say that about ACCA exams because I always feel I am at risk and I like to say this sentence “you never know” lol! But I have to say I have done very well, it was a nice exam!
Maha
December 5, 2013 at 5:01 pm #150713I am really surprised no one has shared any opinions yet on the F8 exam today.. please share
December 5, 2013 at 5:07 pm #150719What came?
December 5, 2013 at 5:15 pm #150724exam was just ok. i did all questions. hope to pass.writing writing and only writing lead to pass i think
Technical paper not straight forward. time consuming parts. hope the best.December 5, 2013 at 5:22 pm #150732Didnt find it too hard.
Q1 was an ok question on audit risk, find 6 risks with how to mitigate
Q2 was general knowledge stuff
Q3 was a standard deficiancy question finding errors in system
Q4 standard ethuc question
Q5 was mainly an audit report question with statements, basically find the errors in the audit report extracts ( quite liked that question, seemed quite easy 12 mark question.Missed a few of qu 2 as ran out of time but were only a few marks. Here is hoping I am 2nd time lucky!!!
December 5, 2013 at 5:25 pm #150734It was better than i thought it would be. i was able to attempt all of the questions. i am hopeful for a pass (God willing).
December 5, 2013 at 5:26 pm #150735Don’t know what to expect. You cannot say whether you did well or not. I attempted all questions. I knew all knowledge questions. Q5 was weird though. It wasn’t that typical modified question. Hope I passed. February is long away lol.
December 5, 2013 at 5:33 pm #150740It was not too difficult, I dare to say. Time would have been d biggest problem.
As I recollect 1) was on audit risks in a drink company(typical case study question) & steps to be taken by d auditor & 5 mark questions on audit risk & its components etc
2) Contained knowledge based questions like what Test of Control & Substantive tests aret(10 marks)
3)Was anoda case study question to identify & explain deficiencies in d sales & despatch system of a coy & recommendations
4) Was a case study question on ethical risks faced by an accounting firm in revenue crisis & how they can be reduced
5) Gave an audit report containing errors & required we explain out the errors.December 5, 2013 at 5:42 pm #150745I was glad all those “link this note to that ledger to that control account to that fin statemnt” questions didn’t feature. Lol!
All in all, a true & fair paper!December 5, 2013 at 5:43 pm #150747@Sen HAHAHAHHAH AGREED! I hated link this to this to this O.o
December 5, 2013 at 5:55 pm #150752I must say the exam wast the horror story i expectd. i attempted all question but as they say with this paper you never know if you pass until you see the results
December 5, 2013 at 6:14 pm #150760AnonymousInactive- Topics: 0
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I was a bit down after F7, this paper has raised my spirits in preparation for F9. I hope i did enough for 50%.
Good luck to all who wrote and are still writing
December 5, 2013 at 6:22 pm #150762I answered all questions. I think I passed. February feels so far away.
December 5, 2013 at 6:23 pm #150763The ethical risks is it about the intimidation risk, advocacy, self review, self interest and familiarity risk ?
December 5, 2013 at 6:24 pm #150765what was the 6 risk in question 1 and what was the auditor responses to it ?
December 5, 2013 at 6:27 pm #150766I attempted all questions, but this is F8 and you never know…
December 5, 2013 at 6:32 pm #150767question about ethics was about acca code of ethics the 5 things which i dont wanna remember right now and also there was some issue of the threats that u mentioned
December 5, 2013 at 6:40 pm #150775There was no mention of ACCA code of ethics!!!! What exam did you attempt lol!
December 5, 2013 at 6:41 pm #150777The ethic question I had the self review of producing the F.S themselves, advocacy regarding the % of profits. Cant remember the rest
December 5, 2013 at 6:42 pm #150778The structure had changed quite a lot and type of questions as well
Base on past exams, i think that payroll system, going concern..will definitely come out:))) but it was really suprised today, none of them:(…but luckily i covered all, so i finished nearly all, the Questions look a bit weird but not too difficultBut still not sure about my writing,
some ppl said this paper even you finished but still unsure till the resultDecember 5, 2013 at 6:51 pm #150783I noticed that the majority say that it was quite easy. I agree with this but on the other hand I don’t like this to happen because easy or not the passing rate still will be (around 45%). Therefore lots will be surprised in February. Personally I prefer bit harder paper and be able to evaluate my overall performance . Right know I cannot say for sure how I did.
December 5, 2013 at 6:51 pm #150784well you had to mention these….. i took in consideration the acca code of ethics, the threat things and some other stuffs about client screening lol
December 5, 2013 at 6:56 pm #150786anyway time pressure was horrible…. more time should be allocated for this type of paper haha and i coudn’t finish the paper xD my markings should start at 85 =/
December 5, 2013 at 6:58 pm #150787 - AuthorPosts
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