i have a quick q regarding my planning to study f8.
my plan is to go in a systematic manner and follow the sequence below to study f8
a)Audit framework and regulation b)Planning and risk assessment c)Internal control d)Audit evidence e)Review and reporting
can you please tell me which one of the above 5 areas are more challenging and time consuming to study? which one of these areas do students find it more tough to master?
please let me know as i need this guidance to plan my study effectively
Of the above, probably audit evidence is hardest. It covers two sorts of evidence: evidence that controls are working and also substantive evidence about the FS assertions.
Also, remember: ethics, corporate governance and internal audit.