Acca f8

Glynis
Glynis Registered Posts: 488 Dedicated contributor ๐Ÿฆ‰
edited June 18 in AAT member discussion
I don't care what people say but that exam was on the par to Decembers. question 4 was very difficult, not one part on after events issues which had been so called "tipped".
What will this achieve though other than shattered dreams:(

Comments

  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
    I know a few people that have just finished their exams, do what they've done and get it the hell out of your head and enjoy the "summer".
  • Richard
    Richard Registered Posts: 368 Dedicated contributor ๐Ÿฆ‰
    If anybody is interested, the June 2011 F8 paper is now available on the website

    http://www2.accaglobal.com/pubs/students/acca/exams/f8/past_papers/int/f8int_jun_2011_qu.pdf
  • slackda
    slackda Registered Posts: 456 Dedicated contributor ๐Ÿฆ‰
    this might annoy some people, i don;t do audit and hav e no care to but i had a look at the paper and it looked pretty fair, i reckon even with my lack of knowledge i could i have got 30 marks on that.
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
    this might annoy some people, i don;t do audit and hav e no care to but i had a look at the paper and it looked pretty fair, i reckon even with my lack of knowledge i could i have got 30 marks on that.

    To be fair to people struggling with audit, I've got to say I found the exam harder than I expected. The papers appear mostly simple and common sense, but you have to use the auditor techniques and auditor speak which complicates matters.
  • slackda
    slackda Registered Posts: 456 Dedicated contributor ๐Ÿฆ‰
    I would have thought there is where the issue comes in, thats where i would find it difficult to apply "audit Speak" to the paper. Other than that it seems to cover the Principles in a fair context. Didn't mean to offend.
  • mini_schnauzer
    mini_schnauzer Registered Posts: 347 Dedicated contributor ๐Ÿฆ‰
    I'm sure the 62% of people who sat the Dec 2010 Audit paper and failed will be really pleased to know that someone who has never studied the topic would find 30 easy marks on their re sit paper!
  • coojee
    coojee Registered Posts: 792 Epic contributor ๐Ÿ˜
    PGM wrote: ยป
    To be fair to people struggling with audit, I've got to say I found the exam harder than I expected. The papers appear mostly simple and common sense, but you have to use the auditor techniques and auditor speak which complicates matters.

    What do you mean by "auditor speak" ? Surely if you answer the question correctly you can't be penalised for not saying it the right way, eg if you said "big things missing" instead of "significant omissions" they can't say that that's wrong. I can understand that saying "the accounts are correct" in an audit report instead of "true and fair" wouldn't get any marks as you're quoting direct text.

    Using auditor techniques is surely what the whole exam is about so it's a bit unrealistic to complain that they expect you to do the very thing that they're testing you on. It's a bit like taking your driving test and then complaining that they expected you to drive a car.
  • Richard
    Richard Registered Posts: 368 Dedicated contributor ๐Ÿฆ‰
    PGM wrote: ยป
    To be fair to people struggling with audit, I've got to say I found the exam harder than I expected. The papers appear mostly simple and common sense, but you have to use the auditor techniques and auditor speak which complicates matters.

    I agree, I always thought that the auditing papers looked easier than some of the other ACCA exams, but once you try and attempt them, they can be quite difficult.

    The main problem I found when studying was how easy it was to go off on a tangent and answer a completely different question to the one on the exam paper.
  • PGM
    PGM Registered Posts: 1,937 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
    coojee wrote: ยป
    What do you mean by "auditor speak" ? Surely if you answer the question correctly you can't be penalised for not saying it the right way, eg if you said "big things missing" instead of "significant omissions" they can't say that that's wrong. I can understand that saying "the accounts are correct" in an audit report instead of "true and fair" wouldn't get any marks as you're quoting direct text.

    You gave an example of auditor speak, so not sure what to add :D

    Ok, so not just the right words, but a combination of using the correct terms and explaing the correct techniques.
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