Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › *** F8 June 2015 Exam was.. Instant Poll and comments ***
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cardine.
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- June 4, 2015 at 11:29 am #252983
Please vote in our Instant Polls about the F8 June 2015 Exam.
Please note, the ACCA have asked us to allow posting comments only after 5pm UK time.
June 4, 2015 at 4:24 pm #253081So, here it goes,
1.D
2.A
3.A
4.B
5.B
6.C
7.C
8.B
9.B.
10.A
11.B
12.DLike to add, SUPER lengthy paper, if only there were 5 questions instead of 6, 5 is enough to examine the whole syllabus 🙁
June 4, 2015 at 4:26 pm #253114I don’t think it is so difficult, 4 of the questions are really easy combined with the MCQ’s the possibility for pass is high.
I can’t remember all of my answers.
1.D
2.D
3.A
4.A
5.C
6
7
8
9
10 A
11 B
12 DJune 4, 2015 at 4:28 pm #253131I feel like this exam went fairly well but I wasn’t as prepared as I would have preferred to be and so I may be in a blissful unawareness! I thought there was quite a lot of audit procedures questions but that might just be what I remember most because it was in the last question that I did.
Fingers crossed until the 1st Aug now, although hoping to do F4 while I’m waiting so hopefully it will go quickly!!
Good luck everyone 🙂
June 4, 2015 at 4:35 pm #253133
AnonymousInactive- Topics: 0
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How was the exams???.. time wasnt enough for me that i couldnt finish on time…any one wanna share answers
June 4, 2015 at 4:36 pm #253134Paper was fair ,but just too many questions
June 4, 2015 at 4:38 pm #253136F8 seems fair for those prepared well. hope pass will be granted. see you P1 next week.
June 4, 2015 at 4:41 pm #253138can anyone share what topics came out?
June 4, 2015 at 4:45 pm #253141my answer for MCQ
1.D
2.D
3.A
4.C
5.C
6.B
7.C
8.B
9.B
10.A
11.B
12.AJune 4, 2015 at 4:49 pm #253145I think I have massed up the paper 🙁
June 4, 2015 at 4:51 pm #253148Please confirm the topic of each question.
June 4, 2015 at 4:54 pm #253150Q3. receivables misstatements were material and pervasive? Inventories misstatements were material and pervasive?
June 4, 2015 at 4:56 pm #253151I think both were material but not pervasive.
June 4, 2015 at 4:59 pm #253153I think both were material, but first one is qualified opinion (receivables), and second oe (inventory) is pervasive with disclaimer opinion.
June 4, 2015 at 4:59 pm #253154Material but not pervasive
June 4, 2015 at 5:01 pm #253156imo.. both were material but not pervasive, because the materially was reflecting one figure, but did not effect everywhere in the SOFB..
June 4, 2015 at 5:03 pm #253157did any of u include going concern status for q5 ?
June 4, 2015 at 5:05 pm #253161I don’t know how everyone manages to recall their multiple choice answers so well!
A fair paper overall, especially compared to the disaster that was F7 yesterday.
There were a few tricky MCQ’s in there, I felt they were a lot tougher than ones I’d practiced from Kaplans material, Dec 2014, specimen etc.. From memory question 4 (?) caught me out involving the IASB and something else? Also, I couldn’t get head around the question about the final review. I went for the answer on reviewing compliance with standards/regulations, pretty sure I was incorrect with that one though.
June 4, 2015 at 5:06 pm #253162i never discussed about going concern – i think i did ok – i messed up with question 6 – i knew half of it but ill think ill pass
June 4, 2015 at 5:09 pm #253164What did everyone chose for Internal Auditor or External Auditor reports to Those Charged With Governance. I chose Internal Auditor as I thought External Auditors report to the shareholders. What a strangely worded question.
June 4, 2015 at 5:09 pm #253166Exactly^^ @ Jack…
those MCQ’s looked very simple in start, a few, and then it just went too tricky, there were very tiny bits of information that changed the whole picture & they were definitely a lot more tricky than the ones in BPP and Kaplan..
The IASB – i think that was incorrect, because if I recall, its the IAASB International Auditing and Assurance Standards and not IASB – Int;l Accounting Standards.
June 4, 2015 at 5:11 pm #253167@ej74 that was a very strange question indeed, for 2 marks, I actually thought its 1 mark for each right option meaning 2 had to be selected, eventually though I had to proceed with 1 😛
June 4, 2015 at 5:12 pm #253168I choose charged with governance because they did report if there are any deficiencies for example or difficulties during the audit.
There is no requirement for qualification by internal auditors. I forgot the other 2 possibilities.June 4, 2015 at 5:12 pm #253169Yes I agree on IASB. I also thought it was incorrect as it is IAASB
June 4, 2015 at 5:13 pm #253170i think one was the INternal Audit function can never be independant, but that was incorrect as they can when outsourced, from the rest I believe I selected the same “those charged with governance”
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