[jeff]

AUD Study Group Links and Resources:

1. NINJA Monthly – $67 AUD Course
2. Free AUD Notes
3. AUD Course Comparison
4. How to Pass AUD (with NINJA)
5. How to Pass AUD (in 20 Days)
6. How to Pass AUD (after Failing)

See Also:

• FAR Study Group
• AUD Study Group
• REG Study Group
• BEC Study Group

[msu1234]

Elich,
I know. That one little word changes everything about a question.
But that is the way the test is worded too. Out of all of the tets, I feel like audit is the most tricky in that way.
Like the word ‘issuer' used to be something I just glanced over.
Now I ask myself on every question “is this public or non-public”
Don't worry, that's what practice questions are for. To get you thinking about those little things.
Good luck in your studies and on your test!

[Elich]

Thank you Msu123,

I really needed some type of hope and motivation. I am thinking about getting the Ninja MCQ, I really hope it will help. So when I am done with Roger lectures, let me just hammer the MCQs right?

[Ny]

My name is Nicole. I am taking the exam on March 9th. I am looking for help throughout this journey. What is considered “Average Net Receivables” in the Receivables turnover ratio? I am studying using Gleim but I didn't see any real explanation in the outline.

[To0ld2Pass]

@MyTime2Shine average receivables would be taking the balance of current year and prior years and dividing by 2. If it says net receivables i would think it would be the current year receivables minus allowance for doubtful accounts plus prior year's divided by 2.

Avg Receivables = (Current Year Receivables + Prior Year Receivables)/2

Avg Net Receivables =((Current Year receivables – Current Doubtful accounts) + (Prior Year Receivables – Prior Doubtful)) / 2

Tried to write it out in formula, not sure if i succeeded 🙂

[Ny]

No, this was definitely helpful. Thank you. I used google and some examples used prior year and some did not so I wasn't sure which to use.

[theJackedCPA]

Got my score today got a 90. I'm in Grad School. I studied 3 weeks, about 6-8 hours a day. Happy to answer questions.

[shakil127]

@thejackedcpa what material did you use? What was your study routine ? Is it your first time taking audit?

BEC-77
AUD-66,72,82
REG-66,64(Q3 2015),80 (11/30/2015)

[Ella P]

Got an 86!!! Cannot believe it. I'm a tax person and hate audit, but Roger must have prepared me well. I studied less than REG and FAR for sure, but enough obviously.

[Elich]

Ella P,

I am also using Roger. I am understanding the concept but not doing good in the MSQs. Should I just stick with the MCQs on Ninja? Advice please? Thanks

[theJackedCPA]

@Shakil127 I used Becker and this was my first time taking Audit. I first went through the entire course listening to the entire lectures, skill practice, MCQs. After that initial review I never listened to the lectures or the skill practice again. I think they are a waste of time. I like to read the book, and then repeatedly write down on paper the information I feel will be tested, as it helps me better remember. When I felt brain dead or tired, I would just drill MCQs. I think people waste too much time on the mock exams trying to recreate the actual exam. I often would do the mock exams and only do a couple of simulations or just the MCQ, continuously exposing yourself to different types of questions is essential. Hope that helps

[Elich]

Congrats @Ella P i cant wait to take mine and feel the same way. I was wondering if you used @Roger Cram Course. I have it but dont want to waste time on it if it is not usefull.

Thanks

[mcast126]

Hi! I am currently studying for Audit and I have to say I have been scoring between 50-70 on the mcq! I have passed two parts so far (FAR and REG) and What has worked for me is reading the book twice, doing mcq twice and sims once. To be honest, I never pass any of the mock exams… the actual test seems to be much easier though.

FAR – 64/77
REG – 82
AUD – March
BEC – TBD

[BryGuy]

Hey Guys, First time posting on this forum for AUD Q1.

I took AUD back in October '18 and got a 74. I moved on to REG and just took it yesterday (2/8/19). Now I have AUD scheduled for a retake on 3/6/19 and I have a pretty good idea of where I need to focus my review in order to prepare well enough to get that 75! Does anyone have any review tips for someone in my position ? Anyone who was in a similar situation and passed/failed again ? I am looking for any tips on what TO DO and what NOT TO DO.

Any feedback is much appreciated!

[Kevin]

I just took AUD on the 5th, so I dont have my score back yet. But if I were to give advice, I would say on the MPQ side just do tons of practice questions. On the sims side, the common belief is that you don't really need to practice them. However, if I have to take AUD again I would definitely practice the audit sims. The sims and the MPQ test different aspects, obviously, and getting familiar with those type of questions should help. All my sims were on different subjects too, so I would make sure to go over every application area.

[yfz]

@Mcast126
I'm on the same boat with you. Passed FAR in Dec and REG in Jan, now working on audit and planning to take it in March. I'm using Becker only, and I have been scoring around 60s for the MCQ. My biggest challenge now is that reading the book starts to put me into sleep immediately. Never happened before when I prepared for FAR and REG.

[Author]

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