F8: Audit and Assurance

ACCA F8 Exam Tips

The ACCA F8 Audit and Assurance exam is part of ACCA skills and fundamentals level of the qualification, but students who are looking to pass this exam will be edging ever close to the Professional P level papers.

Studying audit and assurance will see students tackle the following areas of the syllabus:

  • Audit framework and regulation.
  • Planning and risk assessment.
  • Internal controls.
  • Audit evidence
  • Review and reporting.

You can find the full F8 syllabus and study guide from ACCA here.

Free Online ACCA Study Texts

Free ACCA study materials

Students can pick up a free copy of the full Astranti study test F8 Audit and Assurance paper here.

It’s a great resource to have in your armoury as it allows you study online and on the go. Not too mention, Astranti offer all students free study texts for all levels of the ACCA and it’s a great to add to your exisiting resources or use as a stand alone study text.

How to pass F8 Audit and Assurance

ACCA offer a host of videos on youtube on various F8 Audit and Assurance subjects and their site on youtube is well worth visiting.

Below is a look at one of the more tricky subjects in the F8 syllabus – assertions and substantive procedures. Using these types of free resources should not be neglected by ACCA students looking to pass their exams first time.

The ACCA youtube channel can be found here.

ACCA Master Classes

Students who are self studying the ACCA qualification are missing out on the benefits of classroom tutiton but the ACCA online master classes from Astranti offer the next best alternative, as these two day courses cover over 10 hours of learning content.

The ACCA qualified tutor will run through tips on how to pass the ACCA F8 paper and what the examiner is looking for – as well as exam technique. Meanwhile, a substantial amount of time is devoted to cover the tougher areas of the F8 syllabus to ensure students are ready for exam day.

Even if you cannot attend for the live master class, every session is recorded and available for students.

You can find out more information about the ACCA Live Online Masterclasses here.

Here is what you can expect:

  • The specialist ACCA tutor will guide you through the most examinable topics and how to pick up easy marks.
  • There is a specific focus on difficult past questions ensuring you are ready for whatever the exam has in store.
  • It will include how to improve your exam technique.
  • Interactive questions and answers session with the tutor.

F8 Mock Exams

One of the final steps in tackling the Audit and Assurance paper will be practising mock exam after mock exam. There is no use is having pages and pages of pristine study notes if you don’t have enough mock exam practice under your belt.

Generally speaking, the biggest difference between passing and failing exams is down to practicing technique and getting feedback on how you fared when taking mock exams.

Astranti offer past exam papers for F8 Audit and Assurance with marking and detailed feedback to see where you went wrong. It will give you an honest appraisal with comments on how to improve your technique and exam style, helping you achieve a pass mark on exam day.

You can find out more about the ACCA mock exam marking and feedback here.

The ACCA also provide plenty of mock exam resources for the F8 Audit and Assurance paper here.

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F7: Financial Reporting

f7

The ACCA F7 Financial Reporting paper is on the skills papers in the fundamentals level of the ACCA qualification. You’ll need to understand and develop knowledge of accounting standards and the conceptual framework for financial reporting.

Below are host of resources, exam tips and advice on how to the pass the F7 Financial Reporting paper first time. But first here is an overview of the syllabus content.

  • The conceptual regulatory framework for financial reporting.
  • Financial statements accounting transactions
  • Preparation of financial statements
  • Analysing and interpreting financial statements.

You can find the full F7 syllabus and study guide from ACCA here.

Free Online ACCA Study Texts

ACCA students who are looking for FREE resources can access the study text for the F7 Financial Reporting paper here.

Astranti offer all of their members a free copy of their study text for all levels of the ACCA qualification. It’s a great way to compliment your existing materials or for students who are financing their own studies, you can use it as the platform for your ACCA studies.

How to pass F7 Financial Reporting

Cash flows are one of the toughest areas of the F7 Financial Reporting paper and you will need a full understand on how they work, how to interprete them and use the correct technique in the exam to ensure your pass first time.

Below is a 25 minute video from BPP explaining how to approach this demanding subject.

ACCA Master Classes

Once you have covered the syllabus content you will need to find a way to revise and consolidate all of the information you have learnt so far. And these revision classes are an ideal way to prepare yourself for the upcoming exam.

Astranti are holding master classes for the financial reporting paper and it will be packed full of exam tips, full syllabus coverage, exam approach and how to score easy marks quickly.

The masterclasses are spread over two days and will contain over 10 hours of learning material. If you have missed the live session you can still access the recorded sessions and go over the materials.

You can find out more information about the ACCA Live Online Masterclasses here.

Here is what you can expect:

  • The specialist ACCA tutor will guide you through the most examinable topics.
  • There is a specific focus on difficult past questions ensuring you are ready for whatever the exam has in store.
  • It will include how to improve your exam technique, which can score you those all important extra marks in the exam.
  • Interactive questions and answers session with the tutor.

F7 Mock Exams

Having the knowledge and technical theory behind the F7 Financial Reporting paper is one thing, but taking mock exams and getting feedback from a professional tutor will put you on the right path for success.

Generally speaking, the biggest difference between passing and failing exams is down to practicing technique and getting feedback on how you fared when taking mock exams.

Astranti offer past exam papers for F7 Financial Reporting with marking and detailed feedback to see where you went wrong.

You can find out more about the ACCA mock exam marking and feedback here.

The ACCA also provide plenty of mock exam resources for the F7 Financial Reporting paper here.

F6 Taxation

ACCA F6 Exam Tips

The ACCA F6 Taxation paper comes in different formats depending in which region you are studying, this is down to the different taxation rules that apply in different countries so be sure to check which location you are selecting when getting your study materials and entering the exam.

For example, based on the UK tax system, below are the areas of the syllabus you will cover when sitting the F6 paper.

  1. The UK tax system and it’s administration
  2. Income tax and liabilities
  3. Chargeable gains for individuals
  4. Inheritance tax
  5. Corporation tax

You can find the full F6 syllabus and study guide from ACCA here.

Free Online ACCA Study Texts

For those students who register with Astranti, you can access the free online version of the F6 Taxation study text here.

Astranti offer members their free study texts for ALL levels of the ACCA and it’s a great way to compliment your exisiting study materials or to use them as a base for your ACCA studies.

How to pass the ACCA F6 exam

ACCA and BPP have put their heads together and produced an excellent video series on how to pass ACCA exams. The below video goes the F6 Taxation paper and gives your tips and techniques on how to the pass first time.

A very useful video for those sitting the exam for the first time.

ACCA Master Classes

ACCA students who do not have the benefit of classroom tuition with one of the big learning providers will benefit from the Astranti ACCA Masterclasses.

It’s a great revision tool that covers the whole syllabus area of the F6 paper and gives you the tools you need to be able to answer the questions on exam day. You will also pick up invaluable tips on how to approach the exam and pick up the easy marks.

You can find out more information about the ACCA Live Online Masterclasses here.

The masterclasses are spread over two days and will contain over 10 hours of learning material.

Here is what you can expect:

  • The specialist ACCA tutor will guide you through the most examinable topics.
  • There is a specific focus on difficult past questions ensuring you are ready for whatever the exam has in store.
  • It will include how to improve your exam technique, which can score you those all important extra marks in the exam.
  • Interactive questions and answers session with the tutor.

F6 Mock Exams

As always, mock exams are the perfect way to prepare for any exam and the ACCA F6 taxation paper is no different.

Generally speaking, the biggest difference between passing and failing exams is down to practicing technique and getting feedback on how you fared when taking mock exams.

Astranti offer past exam papers for F6 Taxation with marking and detailed feedback to see where you went wrong.

You can find out more about the ACCA mock exam marking and feedback here.

The ACCA also provide plenty of mock exam resources for the F6 Taxation paper here.

Free ACCA Study Text

Free ACCA study resources

Astranti Financial Training have been providing quality accountancy qualification resources for the last 10 years with a focus on the CIMA qualification.

However, since 2015 they have also started to produce materials and resources for the ACCA qualification. They offer a more affordable alternative than using learning providers like Kaplan or BPP.

By keeping their courses and materials online they have been able to keep costs down and even offer FREE study texts for all levels of the ACCA qualification.

So whether you are starting your ACCA journey with the F1 Accountant in Business paper and you’re looking for a learning provider, or you can on the ACCA professional level P6 Advanced Taxation paper, you can still take advantage of their ACCA Free Study Texts

Student Testimonials

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Thank you as well for your FREE summarised study texts, these saved me a lot preparation time and allowed me to focus on exam technique and questions.

I’d recommend Astranti to anyone!

Astranti Crew, I passed the SCS yesterday with great delight after failing on my previous attempt under the old syllabus and wasn’t very confident this time around. I want to thank you for the quality of content and structure of your course, support throughout the whole process, constant feedback and a personal service which I didn’t feel I got from some of the larger suppliers in the past. I will be sure to recommend you to anyone I know crazy enough to get into finance. Thanks again. Adam (Abu Dhabi)

You can visit here to find out more about the Astranti team.

F2: Management Accounting

ACCA F2 Exam Tips

F2 Management Accounting looks at the principles and understanding of management accounting and the added value it can bring to the finance function.

It’s part of the foundation level of the ACCA qualification and it will prepare for the more challenging areas ahead. You will be looking at budgeting, costing and performance measurement in the ACCA F2 paper.

ACCA F2 Resources

  • Technical articles on F2: Management accounting can be found here.
  • Examiners report from ACCA can be found here for F2 paper.
  • Printable ACCA study texts from Astranti for the F2 paper can be found here.

Free Online ACCA Study Texts

Self study ACCA students can pick up a copy of the F2 study text here. Astranti offer all members free online versions of their ACCA study materials and it’s well worth getting your hands on.

It gives you the flexibility to study whenever and where ever you want and for no cost!

ACCA Master Classes

As well as the online and printable versions of the ACCA study text, Astranti also run ACCA master classes for all levels of the qualification.

You can sign up for the  ACCA Live Online Masterclasses here.

Alternatively, you can use download the pre-recorded master classes that other students have sat – this is perhaps even more flexible as you can pause and stop the master class and view it at your own pace.

Here is what you can expect from the Astranti masterclass:

  • The specialist ACCA tutor will guide you through the most examinable topics.
  • There is a specific focus on difficult past questions ensuring you are ready for whatever the exam has in store.
  • It will include how to improve your exam technique, which can score you those all important extra marks in the exam.
  • Interactive questions and answers session with the tutor.

In total you will get over 10 hours of tuition spread over the course of two days (if you attending the master class live) and they are a great tool for students who are revising for their next ACCA exam and want to achieve a pass first time.

F2 Mock Exams

You can access the official ACCA F2 mock examination page here.

Astranti offer past exams and exam marking from their professional tutors, you can check to see if there are any available exams for the F2: Management accounting paper here.

How to pass the ACCA F2 exam

The F1 ACCA exam is a two hour long examination that will cover the whole range of the syllabus. The exam is split into two sections.

Section A will contain 30 two mark objective test questions and 16 one mark questions – meanwhile, Section B will contain 6 four mark multi task questions that will each cover the 6 areas of the syllabus mentioned above.

This great video below from ACCA and Kaplan explains the F2 Management Accounting examination in more detail.

In order to pass the ACCA foundation level exam you must score a mark of 50% or more – which is more than capable with the right preparation.

ACCA F1: Accountant in Business

ACCA F1 Exam Tips

The ACCA F1 paper Accountant in Business signals the beginning of your journey in becoming an ACCA qualified accountant.

It covers six main areas that include;

  1. The business organisation, it’s stakeholders and the external environment
  2. Business organisational structure, functions and governance.
  3. Accounting and reporting systems, controls and compliance.
  4. Leading and managing individuals and teams.
  5. Personal effectiveness and communication
  6. Professional ethics in accounting and business

It may seem like a broad and challenging range of subjects but the F1 paper only scratches the surface of this topics to give you an idea of what lays ahead further down the line.

You can find the full F1 syllabus and study guide from ACCA here.

How to pass the ACCA F1 exam

The F1 ACCA exam is a two hour long examination that will cover the whole range of the syllabus. The exam is split into two sections.

Section A will contain 30 two mark objective test questions and 16 one mark questions – meanwhile, Section B will contain 6 four mark multi task questions that will each cover the 6 areas of the syllabus mentioned above.

In order to pass the ACCA foundation level exam you must score a mark of 50% or more – which is more than capable with the right preparation.

Free Online ACCA Study Texts

Free ACCA study materials

Astranti offer free online study texts for ALL levels of the ACCA qualification and you can find out more on the F1 study text here.

It’s a great way to keep costs down and a practical way of studying anywhere you have an internet connection.

ACCA Master Classes

Students who are self studying ACCA will find these master classes a great way to cement the knowledge you already know about the syllabus and pick up some additional exam tips that will help you pass your next ACCA exam.

You can find out more information about the ACCA Live Online Masterclasses here.

The masterclasses are spread over two days and will contain over 10 hours of learning material. For those who cannot join the ACCA master class live you have the option of watching the recording from the previous class.

Here is what you can expect:

  • The specialist ACCA tutor will guide you through the most examinable topics.
  • There is a specific focus on difficult past questions ensuring you are ready for whatever the exam has in store.
  • It will include how to improve your exam technique, which can score you those all important extra marks in the exam.
  • Interactive questions and answers session with the tutor.

F1 Exam Technique

Below is a great video from the ACCA and BPP that will guide you through what to expect and the best exam technique when tackling the F1 exam.

F1 Mock Exams

To achieve a pass mark when tackling the Accountant in Business exam you will need to ensure you have plenty of mock exam practice and objective marking and feedback.

To get a flavour of the exam, you can find an official F1 ACCA Accountant in Business past exam paper here.

Meanwhile, there is a great article here from the ACCA on how to approach the multi choice questions you will face in the F1 exam..

There is also the option to have your mock exams marked by an ACCA credited tutor – it’s a great way to see how you REALLY fared when tacking your mock exams.

To find out more about the ACCA exam marking please visit ACCA Marking.