ACCA F8 Exam Tips September 2015 Session


ACCA F8 Exam Tips September 2015 session given below are just intelligent guesses from exam point of view provided by famous tuition providers.

After introduction of MCQ’s in ACCA F8 and other skill level papers, it is now important that you should prepare each and every area of syllabus thoroughly to maximize chances of success.

These ACCA Exam Tips will help you in questions other than MCQ’s while MCQ’s can come up from any area in exam so in order to get success you must cover the breadth of every topic and syllabus.

ACCA F8 Exam Tips:

ACCA Exam Tips for F8 Audit & Assurance Paper for September 2015 session are given below by famous tuition providers


MCQ’s will be from any syllabus area.

Never let anyone tell you it’s all about common sense – make sure you also do the required learning.

You MUST know:

  • The ethical principles – not vaguely but precise
  • The controls present at each stage of the sales purchases and payroll cycle
  • The key substantive tests for each balance sheet area
  • Risk, Planning
  • Completion Reports

You must learn the ISAs – not the numbers, but the objectives and key provisions of each ISA. Nearly 30% of the last exam was testing pure rote-learned knowledge.

The examiner wants QUALITY not QUANTITY – she sometimes gives 1.5 marks for a well-explained point.

Look at the past exams – many of the model answers were in columnar format. Long windy paragraphs are not an option. Stay to the point and straightforward.

Time allocation is as important in this exam as it is in the others – 1.8 minutes per mark.


Section A
12 multiple choice questions of which eight are worth 2 marks each and four are worth 1 mark each. The MCQs will largely be knowledge based and will balance out the questions in Section B to make sure that all aspects of the syllabus are examined.

Section B
Q1 – Q4: Four 10 mark questions. These will test single topic areas of the syllabus and so will either test syllabus area A, B, C, D or E. The questions will be broken down into sub requirements and may also be based on a short scenario.

Areas expected to be tested in questions 1 to 4 include ethical threats and safeguards, corporate governance and internal audit, audit planning, materiality, audit procedures (especially substantive procedures), audit finalisation and audit reports.

Q5, Q6: Two 20 mark questions which will be broken down into sub requirements and be scenario based. The majority of marks in each question will test syllabus areas B, C and/or D.

Areas expected to be tested in questions 5 and 6 include audit risk, internal control and audit procedures (both substantive procedures and tests of controls).

General advice:
Where questions are based on a scenario it is essential that you use the information in the scenario to make your answers relevant.

At the beginning of the exam you are given 15 minutes “reading and planning” time. During this time you can read and annotate your question paper and so this is a perfect chance to make notes next to the information in the scenarios of things to include in your answer.

During this time you should also think about how you will present your answer – try to use a tabular format in your solutions where relevant as the examiner has stated that candidates who do this score better.

Finally pay attention to the verbs used in question requirements as these indicate the number of marks available. For example, the verb “explain” requires a sentence and will score one mark if properly explained whereas the verb “list” simply requires you to list out information with no further explanation and this will score ½ mark per point.


– Independence threats.
– Confidentiality.
– Audit risk/response with analytical procedures.
– Control Procedures/tests for payroll, inventory.
– Substantive procedures for payroll, inventory, provisions.
– Audit report scenarios.
– Reliance on internal audit by external audit.
– Corporate governance advice to company.
– ISA 250, 260, 560, 570, 720.

Becker’s Professional

– Audit risk
– Substantive procedures for payroll, inventory, provisions.
– Independence threats
– Confidentiality
– Audit Report

– Reliance on internal audit by external audit.

First Intuition

– Ethics.
– Audit risk and auditor response (including ratio calculations).
– Internal control – deficiencies, implications and recommendations (revenue and receivables or payroll cycle).
– Audit evidence and substantive testing.
– Subsequent events, written representations and going concern
– Modified auditors reports.

Open Tuition

Coming Soon

Manchester Metropolitan University (MMU)

Coming Soon