Remarking

See here https://opentuition.com/acca/acca-administrative-review/ – an administrative review is not a remarking service

I recommend you move on and start by reading carefully the examiner’s report https://www.accaglobal.com/uk/en/student/exam-support-resources/fundamentals-exams-study-resources/f8/examiners-reports.html to see where you need to improve your performance

No you don’t need FR(F7) for AA but you do need a sound grasp of bookkeeping FA/(F3). Some of the questions you were posting a month or so ago showed that you needed to address this. I suggest you download the retake guide https://www.accaglobal.com/content/dam/ACCA_Global/Learning%20Providers/retake-guides/AA_(F8)_retake_study_guide.pdf and use this as a checklist to make sure that you are using all the relevant resources. Really plan your time between now and December. You must practice exam style and standard questions to time and thoroughly review your answers. See the sticky post at the top of this forum “How to score marks in AA – essential guidance” – you have to appreciate what earns a mark and what does not. If you practice following the guidance from the markers’ insights in every question, focusing on answering the question set and observing the verb(s) and mark allocations, this should become second nature to you.

These are some of the main topics you need to understand from AB (F1) and FA(F3):

– For every transaction* – what document should be recorded – where is it recorded (in which daybook), when posted to the general ledger, what are the debits and credits? This is quite fundamental to understanding risks of misstatement.
* Including the “period end” adjustments for accruals/prepayments, inventory, depreciation and irrecoverable debts and allowances.
– What are control a/cs and how are they reconciled. This is not only relevant to tests of control but has to be a ‘given’ as a starting point for selecting samples from, say, a list of receivables balances.
– How transactions and balances get from the general ledger into the financial statements ( i.e. via a trial balance).
– The “basic” requirements of IASs 2, 10, 16, 37 & 38 – you will need to know a lot more about these for later exams so any time you spend now for AA will not be wasted.
– From Interpretation of FS – the main accounting ratios (for analytical procedures).

You don’t need to know anything about consolidation or group accounts.

I’m not suggesting that you study F3 independently of AA, but if you download the notes you will have something to refer to if you are looking at AA material and you realise that you don’t know, for example, how closing inventory gets to be recorded in the financial statements of the calculation of receivable days.