Here’s the feedback we picked up about day one of the June ACCA exams:
Audit & Assurance (AA)
Sitters seemed to like the June sitting, so it was all quiet on the AA front. As one said: “The exam was easy to me, the MCQs were regular brain tasking, elimination kinda questions, and the theory was picked across the exam kit.”
Another felt all the ‘typical question types were there – risk and response, control deficiencies and recommendations, and substantive procedures. “I fell like I passed already, but let’s wait and see.”
There was-a word of caution from one PQ: “Strangely everyone always found the exam easy, but the AA pass rate is always one of the lowest… wonder how!”
These thoughts were picked up in the Open Tuition Instant Poll where some 60% said the exam was OK (60%), and just 6% called it a disaster.
Advanced Audit & Assurance (AAA)
Described by sitters as ‘not bad’ and ‘that went OK’.
Time pressures still play a major role here, and many sitters admitted they couldn’t complete the exam. As one PQ said: “It’s so time pressured there’s no time to think about how to word anything clearly or quickly read back your answer to check if you are making sense. I just about finished my last sentence with 2 seconds to go.”
Some sitters were also thrown by the fraud question, which one PQ felt belonged in an AA exam.
Some students suffered from frozen screens. And, while some were able to rebook for the following Monday there were also stories of people who couldn’t! PQ magazine heard of at least one AAA (UK) sitter who couldn’t. That aside one said: “I’m still shaken after the experience.”
The Open Tuition Instant Poll had 30% saying this was a hard exam, and another 16% found it a disaster.
