How to pass ACCA Audit and Assurance papers (AA and AAA)

As I have stated before, ACCA Audit and Assurance was one of my easiest ACCA papers. I singled the ACCA paper out, and I gave the paper at least 3 months of continuous study. I took the paper after the ACCA Financial Reporting exam, hence this meant I had a solid foundation on the standards that the ACCA paper covered because basically with audit (AA and AAA), you’re typically auditing financial reporting (FR and SBR). The tactic for this ACCA paper is to get the financial reporting part spot-on and you’ll be good to go. So although I am not an IFRS expect in any way, I studied this ACCA paper religiously and applied myself until I technically understood the concepts. 

Although this might sound a bit like cliche, ACCA audit is not in any way theory but is one of the most technical papers of the ACCA Qualification. The reason why most people fail this ACCA exam is because they treat it like a mere regurgitation of knowledge and cram notes and hope to pass. It doesn’t work that way, you need to understand ISAs and IFRS and also have an ACCA exam technique that actually works. You can check out my ACCA exam technique on how to pass your ACCA Applied Skills exams or ACCA Professional exams

The other reason why ACCA students fail is because students do not attempt a certain part of the ACCA exam because of time management. With ACCA it’s simple, if you know an answer to a question, write it down as fast as you can, without compromising quality. Do not dwell on ACCA questions you know just because you know them pretty well. And if you not sure of the answer to an ACCA question, write something and move on, there’s a high probability that you’ll never in your life write an ACCA exam where you’ll know virtually everything. Focus on the easy bits, there’s enough marks to get you over 50% in each and every ACCA exam. 

Also, remember to cover the whole syllabus when studying for ACCA exams. Trying to predict the ACCA exam and focusing on certain parts of the ACCA paper will humble you. Study everything and be focused. In that way you will yield results. If you are on ACCA self study, start early so that you can be able to finish the whole ACCA syllabus.

When answering ACCA scenario questions, do not offer generic answers to the ACCA exam questions. For example in a audit risk question, do not just state any risk that is not related to the scenario in the ACCA exam. Even if its a correct audit risk, you will not be awarded any marks by ACCA as it is not relevant to the scenario.

Finally, the purpose of the ACCA audit papers is to test the student’s understanding of the concept of audit and assurance, and the candidate’s ability to apply it to practical situations. As mentioned earlier, knowledge in itself is not enough to pass the ACCA exam. So students studying for this ACCA paper should understand the basic concepts of auditing, read the ACCA examiner’s report so that they will not repeat mistakes that were made by other ACCA students, read ACCA technical articles which I recommend as a resource to consolidate your knowledge and lastly, practise a lot of ACCA past papers. Goodluck…

8 thoughts on “How to pass ACCA Audit and Assurance papers (AA and AAA)

    1. Hie, stay tuned as I’ll be sending regular tips on these papers! Goodluck in your study phase, which paper will you be attempting? AA or AAA? Please subscribe to get these tips delivered straight to your inbox! Thanks!


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