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How I passed AA within 20 days of study with a 67%

Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › How I passed AA within 20 days of study with a 67%

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by faiza.1999.
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  • October 24, 2023 at 1:58 pm #693935
    MajorR123
    Participant
    • Topics: 6
    • Replies: 10
    • ☆

    To be honest 67% isn’t that great but anyways lets get started I will keep this very short and to the point.

    (DISCLAIMER: Please ACTUALLY fully utilize those 3 months)

    (BACK STORY-YOU CAN SKIP THIS- I only had a 15 to 20 days on my hand to prepare for AA as I am still in my final year of school right now, so I had other things to prepare such as for school exams and other exams and ACCA was not my top priority anyways, to be honest I was quite freaked out when I opened the book I didn’t know ANYTHING. I spent a good 2 to 3 days reading comments and forums to understand the basics of the paper and heavy weightage topics. I worked backwards i.e didn’t really open the STUDY Text at all, I started with the exam kit straightaway.)

    Tips.
    1)AA is not a paper which can be passed by just reviewing the study text, in my opinion the study text pretty much does not transfer over to your paper except few questions in Section A on Corporate Governance and Ethics and Acceptance. EXAM KIT IS KEY HERE.

    2)Topics such as Risk, Planning, Evidence, Controls, Substantive Procedures account for over 70 percent of the paper maybe even 80%.

    3)Start with the study text you can just read all the chapters (1-4 in Kaplan Study Text) till you arrive at Audit Risk; I recommend you skip this chapter for now as it won’t make much sense. Start with Planning and Control (READ these chapters and then immediately get started with the exam kit SEC B questions pertaining to these topics, although subjects are not meant to be rote learned, all questions of Planning and Control will have to be memorized since AA is a very repetitive paper unless you are a genius who gets a hold of the pattern quickly.)

    4)Controls and Procedures are wildly different in terms of concepts so don’t mix these both up please, try using some common sense on controls and most controls are repetitive anyways like confirm if there is a signature AGAIN exam kit questions will have to be rote learned over here too.

    5)PROCEDURES IS THE ONLY EXCEPTION I can point out I recommend you start memorizing all the procedures listed in the study text itself and then move on to the exam kit, so it becomes easier to frame answers according to the questions AGAIN exam kit questions have to be rote learned.

    6)Completion and Review are topics which I didn’t touch at all so personally I have no advice on this, but I think you can follow the same approach here too. Although keep in mind this does not account for much of the paper so you can skip it if you are short on time.

    7)Come back to AUDIT risk it will make much more sense to you and start with the exam kit after being done with the study text again MEMORIZATION but at this point some points will start occurring to you naturally because again AA is super repetitive.

    8)Go back to Corp Governance and primary section A topics and read and comprehend them well these topics are a life saver in case you don’t score enough in Sec B and might just make you pass.

    9)AA is such a subject that if you even happen to go through the exam kit twice or thrice without ever reading the study text or not understanding the concepts at all you will still score enough to pass. ( I AM NOT PROMOTING NOT LEARNING THE CONCEPTS KEEP IN MIND YOU ARE TRYING TO BECOME A CHARTERED ACCOUNTANT not just trying to pass an exam for the sake of it)

    -Stay calm and steady this paper gets quite boring at times but it’s not that hard to pass infact it’s quite easy because of how predictable it is. Although most people don’t know the approach to the subject that’s why they fail.

    (ALSO typing speed is essential so please practice on a computer not on your notes.)

    October 29, 2023 at 11:07 am #694137
    faiza.1999
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    this was sooo helpful thankyou and also 67% is such a good a score especially when it comes to audit and u studied only for 20 days and on the top of that u also attend school .(crying) because damn i don’t do anything except ACCA for now and yet i just failed my PM so damn i am impressed and your answer just motivated me as i just had this in my mind as AA is more difficult to pass than PM and that made me super nervous .

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