Getting it right in F8

Many students are able to give audit procedures without problem but still could not get through in exam. It is common that students can't understand why they fail eventhough they have provided good answer.

F8 is a very practical paper. The main problem in F8 is that we provided answers that are not practical or not relevant to the scenario. For some students it might be easy to remember the audit procedures in the book and apply in exam. However this can be one reason of failure because such answer may be irrelevant to the scenario.

A good way to deal with F8 is to keep the book away and practice past year questions. You only need the concept in the textbook, ignore all audit procedures listed. Do not look at the answer first because there is a danger that you will feel confident after looking at it. Compare your answer to examiner's answer and try to understand examiner's answer (do not remember) as examiner's answer is the practical and relevant one.

Change the habit of remembering text and go for exam. Through this you have increased your chance of passing. Then try past year questions by providing your own answer everytime, you will improve everytime. Your goal should be to obtain the audit common sense.