Use the following ACCA Exam Tips as important areas to cover but remember that no one knows what can come in your F8 ACCA Exam on Monday 6 March 2017 apart from the F8 examiner. Your safest bet is to achieve good syllabus coverage in your revision, as your examiner aims to do in every sitting of F8 Performance Management Exam.


F8 ACCA Exam tips March 2017 by BPP

• Audit planning.
• Audit risk – identify and explain audit risks and the auditor’s response to each.
• Internal audit.
• Internal controls – deficiencies and recommendations, or description of tests of controls.
• Audit procedures – substantive procedures and tests of control.

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F8 ACCA Exam tips March 2017 by LSBF

  • For MCQs focus on ethics, especially threats to objectivity & corporate governance principles.
  • For the three long questions:
    • Substantive procedures (purchases or inventory).
    • Internal control objectives, deficiencies and procedures, tests (purchase or inventory).
    • Audit risk and response practical scenario.
    • Audit reports scenario, with KAM and MURGC.
    • Internal audit pros and cons of outsourcing, comparison with external audit.
    • Different levels of assurance.
    • ISA 220, 240, 250, 260, 560, 610, 720.