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  1. #1
    @dministrator
    Join Date
    Apr 2008
    Posts
    177

    Default Exam Tips for F8

    Here are some tips on how to answer questions in F8 so as to get maximum points:

    1)Ensure that when you write your answer, you always link to financial statement assertions if on internal controls, planning, internal audit, audit reports etc

    2) If you are writing about weaknesses in a system, or ethical conflicts, ensure you explain why this is a weakness/conflict and the potential impact it could have on the financial statements.

    3) If you are writing about tests to be conducted, explain

    • Why you are conducting the test (eg audit assertion - for completeness, existence etc)
    • Exactly how you would do it so that an audit junior would be able to pick up your answer and do the test without having to ask you anything (eg find the original purchase invoice and check that the quantities listed and goods order match the quantities listed and goods ordered on the purchase order form. )

  2. #2
    Junior Member
    Join Date
    Apr 2008
    Location
    Bahrain
    Posts
    1

    Smile Great..

    That was some good piece of advice..thnks!!

  3. #3
    Junior Member
    Join Date
    May 2008
    Location
    SHEFFIELD
    Posts
    5

    Default thanks

    good advice thanks.I hope this time around i pass F8 coz i have failed it twice.

  4. #4
    Junior Member
    Join Date
    May 2008
    Location
    malaysia
    Posts
    5

    Default

    Thank You For Your Information.
    This My Third Year In Audit Paper. I Hope To Pass The Audit Paper.

  5. #5
    Junior Member
    Join Date
    May 2008
    Location
    trinidad
    Posts
    1

    Smile

    thanks for the tips

  6. #6
    @dministrator
    Join Date
    Apr 2008
    Posts
    177

    Default

    Quote Originally Posted by cmatthews View Post
    thanks for the tips
    You are more than welcome cmatthews. With all of our members we can share and help to gain more by sharing what we have.

    Sharing is Power

  7. #7
    Junior Member
    Join Date
    Apr 2008
    Location
    Slough
    Posts
    4

    Default

    many thanks

  8. #8
    Junior Member
    Join Date
    May 2008
    Location
    Zambia
    Posts
    1

    Thumbs up

    Good tips,thanx

  9. #9
    Junior Member
    Join Date
    Nov 2008
    Location
    Lusaka, Zambia
    Posts
    3

    Default Thanks for your tips on how to answer f8 questions

    Hi there,

    I have enjoyed reading the exam tips you have put about answering the questions. Do you have any exam tips about the topics for december,2008 exams.

    Regards,
    Joseph

  10. #10
    Junior Member
    Join Date
    Nov 2008
    Location
    barking london
    Posts
    2

    Default her

    audit committe is important

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