[issmaz]

hey guys

can we creat a chat room to start doing the exam papers or revision or sharing technics of revising. I have already register myself on open tution chat. If all can loging on the chat room and start introducing yourself under the group of f8 and we set a time table and time to mit up on the chat room to start the discussion. I have got the tips from pq magazine from different institution and i believe the main think we need to work out on is to start ” answering each question of the syllabus” and understand and memorize it then we should all be good.

best of luck

[issmaz]

Is it not what the “Auditor” needs to test to achieve the assertion level??? For example for cash they need to test Ownership, Valuation,Existence(Assertion) which could be obtain from (Audit Evidence) Bank letter. Completeness => “inspect”Bank statement, Bank reconciliation Ledger,Nominal ledger, Balance sheet

Is there specific Assertion for each part of balance sheet?

[issmaz]

That paper was easy but very time consuming. WE SHOULD MAKE A COMPLAINT FOR THIS. If someone went to the toilet during the 3hrs paper i am preety sure they could’nt complete the whole paper in a proper manner. At the end of the exam my thumb start paining. In the requirement to do F8 paper acca should request that students should have a fast writing skills. As compared to F4 paper, i believe most of the F8 students could not have time to even review their answers.

[issmaz]

For question on review i belive the answer was, hot, cold and peer review.

[issmaz]

Credit extention, used of new system, removal of provision, auditor is new to the company risk of detection, stock understated as order on phone are checked manually after ordering by phone,

[issmaz]

How did u guys define capital statement?

[issmaz]

What about question 10? Wat did u guys put lol should do? I did put that there’s fradulent dealing in that one. I did expect agency to come out two following simester.grrrr

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