** F8 Exam Results June 2013 and Genius Hunt Competition **

passed 57. 5 – 6 attempt. so excited. i finally got the fo
rmula

passed 82% 1st attempt

passed 82% 1st attempt

53 pass finally 🙂 glory be to ALLAH

Passed at 63 percent in my first attempt.

<cite> @keval said:</cite>
F8 61
P2 50
P4 50
P6 50

Affiliate now………..

Congratulations Keval! It must be an amazing feeling to reach the end. Have you planned how to fill up your spare time now?

<cite>@nagutta said:</cite>
failed- 38% 5th attempt somebody come to my rescue

Hard luck. Its a very hard paper. I failed at Christmas with 41% so I know how frustrating it is to fail but thankfully I managed to increase it to 81% by changing my approach to the paper. This time i watched numerous video’s on you tube on how to pass F8 and the common pitfalls to avoid .(Youtube has some great videos and opentuition has some reat articles on it. I read the examiners report on all F8 exams for the last few years. This again was very usefull in identifying what not to do in the paper. One of the biggest pitfalls identified was Audit risk. If you see the words “audit risk” then think FINANCIAL STATMENTS, FINANCIAL STATEMENTS, FINANCIAL STATEMENTS. It is very easy to get zero in this by looking at things from the prospective of the business rather than the auditor. (I went wrong on this at Christmas) An auditor is concerned about the financial statements and if you consider the effects the scenario has on the financial statements rather than on the business you should gain some marks.(i.e goods soiled by flood damge, the audit risk is “are the goods overvalued in the financial statements? do they need to be written down/written off? Business risk is they may not have goods to supply to customers which could annoy customer and cause them to go elsewhere to do business next time) . This time I also covered exam papers back to June 2009 and some mock papers to cover different types of questions that could possibly come up. I kept repeating the question until i was scoring full marks in them.( you may think you know a topic but as soon as you do it without the notes you go blank). I never did a full exam type sitting as this would drive me mad but i did do individual questions.(just jotted down points as did not have time to write out the full question. It wouldnt work for everyone but did for me. Practice is key in this subject. Best of luck in December, I hope it works out for you!!

Pass 86%

passed got 52 pct ,very content

@nagutta said:
failed- 38% 5th attempt somebody come to my rescue

@debs989 said:
Hard luck. Its a very hard paper. I failed at Christmas with 41% so I know how frustrating it is to fail but thankfully I managed to increase it to 81% by changing my approach to the paper. This time i watched numerous video’s on you tube on how to pass F8 and the common pitfalls to avoid .(Youtube has some great videos and opentuition has some reat articles on it. I read the examiners report on all F8 exams for the last few years. This again was very usefull in identifying what not to do in the paper. One of the biggest pitfalls identified was Audit risk. If you see the words “audit risk” then think FINANCIAL STATMENTS, FINANCIAL STATEMENTS, FINANCIAL STATEMENTS. It is very easy to get zero in this by looking at things from the prospective of the business rather than the auditor. (I went wrong on this at Christmas) An auditor is concerned about the financial statements and if you consider the effects the scenario has on the financial statements rather than on the business you should gain some marks.(i.e goods soiled by flood damge, the audit risk is “are the goods overvalued in the financial statements? do they need to be written down/written off? Business risk is they may not have goods to supply to customers which could annoy customer and cause them to go elsewhere to do business next time) . This time I also covered exam papers back to June 2009 and some mock papers to cover different types of questions that could possibly come up. I kept repeating the question until i was scoring full marks in them.( you may think you know a topic but as soon as you do it without the notes you go blank). I never did a full exam type sitting as this would drive me mad but i did do individual questions.(just jotted down points as did not have time to write out the full question. It wouldnt work for everyone but did for me. Practice is key in this subject. Best of luck in December, I hope it works out for you!!

brilliant tip from Deborah for the lad who asked the question above (@naqutta), and certainly for others who are looking to pass F8.
Here’s what I’ll add from personal experience: I didn’t practice as many past questions as I would have liked on my second but final attempt at F8, however i agree that it is one of the key ways to pass F8 as the questions seem to carry similar themes year after year.
One hard lesson I learnt after I failed F8 at my first attempt (which by the way dazed me as I never anticipated a fail), was to read the questions CAREFULLY during the exam. It is very easy to answer a good answer to a different question with this paper, and what could be more frustrating than failing not because you weren’t prepared, but because you didn’t adequately read the requirement.
Another tip is to take note of what Deborah said above regarding Audit Risk vs business Risk. As this is a vital topic within the F8 syllabus, it is more than likely to be repeated in the questions that carry huge marks.. get this concept wrong and you may be dropping your waters in a perforated barrel. This mistake stung me in December paper but i learned thru a fabulous 57 minute kaplan video on youtube about audit risk..check it out, it will help you.
the final bit I’ll throw in for now, is that you should ensure to cover the entire syllabus so as to gain sufficient knowledge in whatever areas will come out. this is primarily to ensure that you answer every question of the paper as opposed to getting to one or two questions and getting blank.. trust me, a mark can be the difference between a fail and a pass with F8.
Although i passed mine the second time, i am sure glad i did cos F8 is somewhat easy theoretically speaking but technically speaking, F8 has got to be one of the trickiest papers at skills level cos you’d think you’d written well enough for a pass only to be shocked with a FAIL on the morning of the result.
You have my best wishes

66 first attempt.did practically all past papers.and to tell the truth the exam was from past papers.audit it tricky,you have to know how to answer qns.thank heavens its over!1first attempt

I am taking it this term. hope i pass