Dealing with Paper F8 - Audit & Assurance

Introduction


The F8 Audit and Assurance exam tests students' knowledge of auditing and assurance theory but also, very importantly, their ability to apply that knowledge to scenarios that they might well come across in their auditing careers.


The examination team's approach interview is available on the F8 area of the ACCA website, along with an examiner's analysis interview looking at student performance in various exam sittings, which highlights how students can improve their performance.


All questions on this paper are compulsory so any topic from across the syllabus could be examined. As stated above, it is essential that students possess both knowledge of auditing and assurance and the ability to apply that knowledge to situations that could arise in real life.

Format of the paper


The exam is a three-hour paper consisting of twelve multiple choice questions (MCQs) and six compulsory written questions. You also have 15 minutes for reading and planning.

Recognised ICAN Tuition Houses in Lagos and Abuja

Find below, the list of all recognized ICAN tuition houses in Lagos and Abuja

TUITION HOUSE	ADDRESS	EMAIL ADDRESS	PHONE NUMBER
Crest Professional Tutors	238/240, Apapa Oshodi Expressway, Odo-Olowu Bus stop, Ijeshatedo, Lagos	crestprofessionals@gmail.com	08056243941
Foresight Professional Institute	24 Road Opposite H Close, Festac Town, Lagos	foresight_professional@yahoo.com	08033164620
Legacy Associate Limited	Olatunji HSE/Legacy HSE, 299/295, Ikorodu Rd, Idiroko B/stop, Maryland, Lagos	legacyassociates@ymail.com	08028719480
Pass Associates Limited	9 - 11, Ogunyade Street, Gbagada, Lagos	pass.centre@yahoo.com
PLUM Academy Limited	368, Lagos Abeokuta Way, Oja-Oba B/stop, Abule-Egba, Lagos	plumacademyltd@yahoo.com	08083687713
Precept with Passion	164, Iju Road,Opposite Fagba grammar school, Station Bus -Stop, Agege Lagos	consultingpwp@gmail.com	08053642805
Protrac Associates Limited	1, Lagos Road, Ikorodu, Lagos	protract@protraconline.org	08033050586
Risk Free Standards Associates Limited	5, Olusoji Idowu Street, Off Association Avenue, Ilupeju, Obanikoro B/Stop, Lagos	riskfreestandards@yahoo.com	08023050654
Safe Associate Limited	31, Ore-Ofe Street, Gbaja, Off Barracks B/Stop, Onitolo, Opposite Laspotech Surulere Campus, Lagos	safeican@yahoo.com
SQUAD Associates	7, Abodunrin Caulcrik Street, Camp David School Opp. Access Bank, Cartepillar B/stop, Ogba, Lagos	sqdassociates@gmail.com	08028635966
Synergy Professionals	2, Afric Road, Off Funsho Williams Avenue, Iponri, Suruler, Lagos State	synergyprofs@yahoo.com Gsm	07050571587
The Triumphant Professional & Associates	7, Olaiya Street, Off Govt Avenue, Alausa, Ikeja	Lagos bayotifa@yahoo.com	08037166704
Alphamarshall Professional Limited	72, Mbano Street, Phase 3, Kubua, Abuja	muge@alphamarshall.org	08068798944
Bratim Training Centre Limited	Ground Floor, National Library Building, Adjacent Reiz Continental Hotel, Central Area, Abuja	tejan@bratim.com	08059125288
Career Intelligent Professionals	New Capital School, 17/30 Kwame Nkrumah Crescent, Asokoro Abuja	careerip@yahoo.com	08077303645
Galaxy Professional Tutor & Consultant	L.E.A Primary School, by Mopol Junction, Opposite Diamond Bank Plc, Nyanya, Abuja	galaxytutors11@yahoo.com	08063513106, 08056922440
Global Focus Initiative Consulting	Co. Junior Secondary School, Apo Legislative/National Assemply Quarters, Zone B,Apo, Abuja	gfcproftutors@gmail.com	081505496912
Real Professional Tutors	Wuse Zone 6, School Compound, behinde Oando filling Station, Abuja	realtutorsltd@hotmail.com	08136111191
Unique Professional Tutors Limited	Govt Junior Secondary Sschool, Tudun Wada, Zone 4, Wuse, Abuja	uniquetutors@yahoo.com	08032695961

SECRETS TO PASSING PAPER F5-PERFORMANCE MANAGEMENT

Nature of the paper
ACCA F5 Paper (Performance Management) builds on topics that you have learnt at F2 (Management Accounting). It goes beyond merely churning out calculations. Rather, you need to be able to make informed decisions based on the information you are given.


Structure of the paper
There are two sections to the exam –
Section A will comprise 20 multiple choice questions of 2 marks each;
Section B of the exam comprises three 10 mark questions and two 15 mark questions.


 The two 15 mark questions will come from decision making techniques, budgeting and control, and/or performance measurement and control areas of the syllabus.The Section A questions and the other questions in section B can cover any areas of the syllabus.


There are 3 hours for the exam, plus 15 minutes of reading time.
Overall, approximately 50% of the exam involves calculations, and approximately 50% is written.