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Well I just got back from the AUD exam….
I went into this exam feeling the most confident I ever have. I got in the mid-80’s on my two Wiley exams I took yesterday.
Coming out of the exam was a different story….this is the WORST i have ever felt about an exam. Which makes no sense to me that the one I am most prepared for left me feeling the worst. Unlike other people on here….when I have come out of a test feeling bad I fail, and I have come out feeling decent twice…and those were my 2 passes.
On to what happened in the exam:
Testlet 1 = The questions were pretty tough….I had to go back to several of them…didn’t feel too great going into the 2nd testlet.
Testlet 2 = I couldn’t really tell if the questions were different or not(I am not really sure how anyone can in the AUD exam)
I felt decent about this one
Testlet 3 = See testlet 2
Simulations: WOW. I have never seen such obscure questions in my testing thus far. For the icing on the cake…I spent my last 20 minutes trying to find the answer to the research questions to no avail. I should note that I am usually solid on the research tabs…so this was super frustrating. I will be lucky if I got 10% of my simulations correct. I have pretty much no confidence in them. Nowhere in my study material was I told how to determine certain audit elements as high/medium/low.
I am devestated right now…I am going to have to retake this. I will probably fail REG for the 500th time in February and end up losing my BEC credit in May. I am losing the will to put up with this crap.
I could tell you all about auditing…and I have performed top notch work on several audits at my firm….but just because I can’t answer obscure test questions I cant be classified as a CPA.
I absolutely love that the passing rates keep dipping lower and lower every year. This testing process is a huge money making scheme and I wish someone would regulate it, because with the economy the way it is there is no way that competent people should be denied licensing and keep having to pay money to continually retest because of sketchy testing questions/grading procedures
Venting done(for now)
FAR - 74, 76
BEC - 77(expires 5/24/12)
REG 71, 72, 78
AUD - 69, 72, Retake 5/23/12...78!! FINISHED!!
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