21 Audit Reports

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  • November 22, 2014 at 6:19 pm #190286
    Anonymous
    Inactive

    That moment when you are going through your Becker final review and you notice there are 21 audit reports you should be familiar with. It was so much nicer when they were sprinkled all throughout the book and I didn’t have to think about them.

    Any words of insight/advice? Test is on Wednesday. I feel pretty OK with MCQ’s but it’s the sims that kill me…every time. Which tells me I don’t know as much as the MCQ’s would lead me to believe. And I do have to admit to myself that I rely a lot on deductive reasoning on the MCQ’s. If I will have a downfall it will be the sims…

    I did get a weighted 69% on the practice exam the other day though. Would love to hear about other people’s experiences.

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  • November 22, 2014 at 9:34 pm #619728
    MrCPA511
    Participant

    For the purposes of MCQs, I would at least be super familiar with the unmodified report as you can alter that for the other similar reports. I memorized that one word for word. Don't forget, you get to use AL for the SIMS which will give you an example of all the actual reports. Just make sure you give yourself enough time in case you have to look for them. I wasn't aware of this strategy when I took FAR, but after hearing about it on this website, I spent a good 10-15 min on my AUD exam utilizing AL for the answers. It really works!

    FAR - 86 7/2014
    AUD - 95 10/2014
    REG - 87 1/22/15
    BEC - 84 7/2015

    November 22, 2014 at 9:58 pm #619729
    Pattar54
    Member

    Where is the best place to find the example reports in the AL?

    BEC: 77
    REG: 54, 76
    FAR: 54, 84
    AUD: 64, 70, 90!
    I'm done!!

    November 22, 2014 at 10:06 pm #619730
    Anonymous
    Inactive

    MrCPA, thank you so much for the insight!

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