AUD Study Group – Q1 2018 - Page 19

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    Topic
  • December 11, 2017 at 10:59 am #1676695
    jeff
    Keymaster

    Welcome to the Q1 2018 CPA Exam Study Group for AUD. 🙂

    Introduce yourselves and let your fellow NINJAs know when you plan to take your exam.

    The Five Steps (NINJA Framework): https://www.another71.com/pass-the-cpa-exam/

Viewing 15 replies - 271 through 285 (of 317 total)
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  • February 11, 2018 at 10:58 pm #1711627
    J King
    Participant

    @cluster slugs, Thank you!

    Not necessarily. I did do a few SIMs, but my final review week was dedicated to light SIMs, heavy MCQ. Some of the SIMs I encountered when I sat for AUD kind of overlapped with FAR . The AICPA sample tests helped me a bit, that's what I would recommend to check it out. Your final review strat sounds good.

    So jealous you're almost there! I just started my journey~

    February 12, 2018 at 12:38 pm #1711984
    dave
    Participant

    @jKing without being too specific, were there any chapters in the becker course material you would recommended reviewing/studying more on?

    Best of luck studying for FAR.

    -Dave

    February 12, 2018 at 12:43 pm #1711987
    J King
    Participant

    @dave, I used Roger to study AUD, can't speak about Becker.. sorry, and thanks!

    February 12, 2018 at 1:31 pm #1712036
    ImJustHereToPass
    Participant

    Taking my audit retake this week. Praying this is it for me! Just took the Becker mock exam and got an 85%. Hoping this is a good indication of how I will do on the actual exam. Cant wait to get my life back.

    February 12, 2018 at 3:28 pm #1712144
    dave
    Participant

    @jking ah i see. i guess in that case is there any topics, without being too specific, you would recommend focusing on?

    Thanks!

    Best,

    -Dave

    February 12, 2018 at 3:47 pm #1712149
    J King
    Participant

    @imjustheretopass, good luck! You can do it! So jealous lol



    @dave    , hmm.. I'd say the exam threw everything at me, so it's always wise to study all the material. They may have tested me on my strong points, but they also tested me on the parts I barely relearned, since I pretty much spent my final review week on mastering Internal Control and Audit Evidence. They were my struggles.

    Similar to my reply to @cluster slugs, I'd recommend check out the sample test and figure out the solutions on its sample TBS part.

    February 12, 2018 at 3:52 pm #1712150
    dave
    Participant

    @jking hmmm okay! Gonna have to review everything and cram this week. Taking my test this coming friday. Thanks again!

    -Dave

    February 12, 2018 at 3:58 pm #1712155
    J King
    Participant

    Good luck!

    Looking forward to read how it went~

    February 13, 2018 at 8:18 pm #1713064
    Ruhahaha
    Participant

    I am going to take the AUD exam in Mar,2018

    February 14, 2018 at 9:20 am #1713350
    Kevin
    Participant

    I am current studying the auditing part of exam.

    Here is my understand to the compliance report:

    Report on Compliance is to be used when it is required by regulatory requirement. if the CPA is not ALSO engaging on the client’s complete financial statement audit, CPA should not accept the compliance report engagement.

    CPA’s Report on compliance should only issue negative assure (such as using term: “We do not aware any noncompliance instance…..) When there is no non-compliance matters are discovered.

    CPA must describe the noncompliance instances on a separate report or the combined report on the “Emphasis a Matter” if the report is issued in conjunction with completed financial report and the noncompliance instance is discovered material.

    Can someone exam if this correct, and what is missing and which portion of understanding is wrong? Thanks

    February 15, 2018 at 2:06 pm #1713938
    famh110
    Participant

    i took my exam on the 12th. mcqs were from all over the place so my advice to everyone who has not tested yet is to keep pounding those mcqs. as far sims are concerned they weren't impossible but they were super lengthy. i had a DRS in the 3rd and the 4th testlet, they each took 30 mins so by the time i got to testlet # 5, i only had 42 minutes on the clock so i was so nervous. had a research on that one so it went quickly and i managed to be done with all three sims in 35 minutes and had a few minutes to review couple of things i wasn't sure of. had some FAR related adjusting entries so do practice those like the ones in the sample test and just study hard! time management is key!

    all the best to everyone!

    February 15, 2018 at 4:52 pm #1714145
    jiji
    Participant

    Thank you for sharing your experience, I hope you passed 🙂
    It makes me nervous to see that there were far related items. It's been since 2016 when I last took far. @famn110 would you recommend going back to review far? 🙁

    February 16, 2018 at 3:37 pm #1714700
    Kev
    Participant

    @dave make sure you lock in on A4!!!!!!!

    February 20, 2018 at 6:57 pm #1717037
    Anonymous
    Inactive

    I took AUD last saturday. I found the MCQ's to be manageable but the SIMS were very difficult. I'm praying for a passing score. My prayers go out to everyone that is testing and that God will give you focus, motivation, and a sharp mind to get it done. You are in it to win it. Good luck

    February 20, 2018 at 8:51 pm #1717115
    fblessed777
    Participant

    @SnakeEyes, Thanks for sharing. Were the sims like on the AICPA sample exams? What do you recommend to tackle the sims based on your experience? Thanks!

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