*** F8 June 2011 Exam was … Post your comments here and vote in Instant Poll *** — Page 3

OopentuitionAdmin15y ago

Please share here with community your comments about June 2011 F8 exam.
What came up? How did you do? How did this paper compare to previous exams?

Vote in our Instant Poll
*** F8 June 2011 Exam was … Post your comments here and vote in Instant Poll *** poll results

*** F8 June 2011 Exam was … Post your comments here and vote in Instant Poll *** poll results

Vvjsharksn15y ago#61

Well
ALLAH Almighty is watching me that i worked hard for every exam!

Vvjsharksn15y ago#62

Well
ALLAH Almighty is watching me that i worked hard for every exam!

Former user15y ago#63

Heyyy ,vjsharksn ...i think da one abt audit evidence is right...they were asking for Analytical pros,observation,reporformance,inspection and all that....
i didnt knw abt narrative notes and all that ..and i ran out of time. :(

Former user15y ago#64

It is not very hard but time consuming. not did well in Q5 regarding audit report:( And I have no time to check and review the question number on the header of answer sheet. Will the answer be regarded as invaid one, if I marked the wrong question number on the answer sheet?

Former user15y ago#65

i found this attempt's paper quite easy maybe because that I managed to go through F8 BPP study text on exam day in 2 and half hour. This revision helped me a lot in exam. Now I realise that Audit is nothing but memorisation of study text, if you have memorised/read study text two three times then linking it to scenario is not a difficult thing.

I hope to get good pass this time and wish you all best of luck and may everybody get good pass this time.

Mmahakhan15y ago#66

As per the above comments, I have flunked ALREADY :(

Mmahakhan15y ago#67

I wrote everything that was right (in my opinion). I have some SERIOUS conflicts with the examiner's thoughts though :P.
Do pray for all :)

Mmahakhan15y ago#68

I forgot to mark questions on the answer sheet :S I just wrote the answers and didn't mention which answer is it :( Damn :(

Former user15y ago#69

This was my second sitting for this exam - I thought I did really well last December but came out with 40%.

I answered everything this time around but just hope I get 50%

Reading through everyones notes I may of misunderstood a few questions especially the one about external confirmation - it asked us to list and example other ways of confirming the evidence.

I took this as Review, Verify, Written, Oral methods - I think I have messed this question up.

Sswgiant15y ago#70

hope the standard could be set higher, then fail you all...

Former user15y ago#71

@vjsharksn said:
ammmmm.......!!!!! i am upset! i mis-read the question of sufficiency and appropriateness!
I already gave one relevant answer that was original document!!
and i wrote all about inquiry observation recalculation and analytical Procesdure :(! damn!!!

Me too! O well if enough people made the same mistake we might get some marks !!!

Ssafreena15y ago#72

its was v long..!...didnt attempt 1q

Former user15y ago#73

it was ok....q3 was a tough one but on the other hand q4 was a piece of cake....1,2 and 5 went ok ALHAMDULILLAH overall ppr went gud hope to gain gud marks INSHALLAH

Former user15y ago#74

i am really disappointed that i could not do Q1 as expected.May be i was less prepared for that question.Rests were fair and easy.Crossing my fingers for 50 .Please God !!!!!

Sstefanboro15y ago#75

Exam was ok I felt - added up the marks I think I got for each question and deducted marks for prudence and it came to 64. That being said I know I went off topic so........

Also, did anyone else do it in Newcastle? Am I the only one who constantly kept hearing what sounded like a birds nest on the roof??

Mmunchie15y ago#76

q3 was no fun

Former user15y ago#77

question 5b (12 marks!) 3 scenarios for how each misstatement affects audit report. Messed up 2nd scenario.
Also for 3b for 5 audit risk for audit plan (10 marks!), i got only 2 audit risks.
Also, did not know how to manage the conflict of interest for auditing 2 rival companies (5 marks!....i think)
hopefully i gathered enough marks in the rest of the exam!

Former user15y ago#78

paper was ok not so hard

Former user15y ago#79

conflict of interest manage by
rotating audit partner
separate audit teams
Chinese wall

Former user15y ago#80

I think Q 3, the second part was difficult. Risks and the auditor response to thenm during planning stage. What should have been the risght answer?

Former user15y ago#81

Also, Q1-Control recommendations re fraud in cash transfers..this was for 6 marks..it was a liitle confusing,as the fraud was for cash receipts through bank transfers..
have any good ideas?

Former user15y ago#82

@vjsharksn said:
ammmmm.......!!!!! i am upset! i mis-read the question of sufficiency and appropriateness!
I already gave one relevant answer that was original document!!
and i wrote all about inquiry observation recalculation and analytical Procesdure :(! damn!!!

i also worte about techniques of audit evidence gathering ..like observation , inquiry and reporfamnce and recalculation blah blah ... is it worng ?
i mean y wud it be ?

Kkontoua15y ago#83

@vjsharksn said:
ammmmm…….!!!!! i am upset! i mis-read the question of sufficiency and appropriateness!
I already gave one relevant answer that was original document!!
and i wrote all about inquiry observation recalculation and analytical Procesdure ! damn!!!

what question was that?

Former user15y ago#84

i wrote about enquiry , inspection and analytical porcedure too sjsharkasn

Former user15y ago#85

well i thought it was better than i had expected.. i thought i would forget a lot of things in the exam... but i diddnt.. and the scenarios were great.. expecting to do well

Former user15y ago#86

i wrote the same for question 3 so most of us seem to getting the same conclusion

hint. Generally fair questions really.Time management though hope I made sense with the answers especially with Goofy and Mickey on the way!!

Former user15y ago#87

Goofy and Mickey - I think the examiners must have been having a few disney spells

Former user15y ago#88

The more easy it is !.The more mess i do :S...I hope examiner understand wat i wrote:D

Former user15y ago#89

For question 1a the receivables tests of controls i wrote about ACCAMAPS e.g computer controls, arithmetic checks, Physical controls, Comparison etc etc. Was this correct?

Cheers

Aasad12615y ago#90

The ppr was so easy but too lengthy, i remember the tym wen doing Q2 and take a look on the clock wen 1 hour left

Sign into reply to this topic.