[jeff]

Resources:

AUD 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

AUD Exam Experience: https://www.another71.com/cpa-exam-forum/topic/aud-exam-experience-official-thread

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[gobias]

Hey everyone! I'll be joining in for the next few weeks. I'm hoping audit comes as a breath of fresh air after FAR and REG, but we'll see.

F - 86
R - 90
A - 97
B - 91

[neika822]

I feel unprepared for my test next week. I'm still just finishing up the last chapter and will only have a week or so to review. But I have a long weekend and an additional two days off to study – so I hope that will help! I just want to enjoy this spring weather instead of studying!

R - *77*(02/'13)-Becker & NINJA
A - 71('11); *87*(04/'13)-Becker & NINJA
F - *76*(08/'13)-Becker & NINJA - "server upgrade" survivor
B - 60('11); *82*(10/'13) -Becker & NINA

DONE, DONE, AND DONE.

CPA in Massachusetts; issued 01/24/14

[neika822]

And Audit made me absolutely DESPISE Tim Gearty. I'm glad to be done with the lectures.

R - *77*(02/'13)-Becker & NINJA
A - 71('11); *87*(04/'13)-Becker & NINJA
F - *76*(08/'13)-Becker & NINJA - "server upgrade" survivor
B - 60('11); *82*(10/'13) -Becker & NINA

DONE, DONE, AND DONE.

CPA in Massachusetts; issued 01/24/14

[Anonymous]

neika, i'm in the same boat. my exam is scheduled for April 22 and i'm finishing A5 tonight. hoping to finish A6 by the end of friday then that gives me 2 full weekends and a full week of review. i definitely had less time to study for this than i took for BEC so i might not be as unprepared as i think but it certainly feels like i haven't retained much.

[neika822]

@DC – Good luck!

I only had a week to review for REG and felt completely unprepared for that too – but surprisingly (extremely shocked), I passed. Not saying that will happen for audit, but I'm praying I can use my next week wisely.

R - *77*(02/'13)-Becker & NINJA
A - 71('11); *87*(04/'13)-Becker & NINJA
F - *76*(08/'13)-Becker & NINJA - "server upgrade" survivor
B - 60('11); *82*(10/'13) -Becker & NINA

DONE, DONE, AND DONE.

CPA in Massachusetts; issued 01/24/14

[Anonymous]

Hello all CPA hopefuls and those who have already become CPAs.

I have a dilemma. I have taken audit twice and failed both time so far. In fact, my second score was lower than my initial score. I am wondering how I should approach this topic for the third time? Should I take notes, redo lectures, maybe more homework questions? I am totally at a loss and want to use my time wisely.

Thank you for all your input!

[taiyab]

My book says “when customers fail to answer a “second request” for a positive confirmation, the accounts may be in dispute.The auditor should then apply alternative procedures”.

Very well…so when I started practicing simulations where I encountered a question where there was no reply to a positive confirmation request for accounts recievable and the question was what should be the auditors response. Therefore, I choose ‘send second confirmation request” as my answer. But the answer says that apply alternative procedures if there is no response to confirmation request. Now what I see is that the book says something and answer explanation says something. Who is right in this case ?

[gobias]

https://i.imgur.com/lOEOfDG.png

Can anyone help me with this problem? The textbook in the bottom right sounds like it contradicts the answer explanation.

F - 86
R - 90
A - 97
B - 91

[NickT]

any change in how you account for assets, will have an impact on future financial statements (and potentially current F/S, depending on when the change was made), therefore you must include an explanatory paragraph in your report. That's my general understanding of it.

[PL CPA]

@CPA Lindsay

I believe that most of learning comes from doing multiple choice questions. As you do them make sure that you understand why each answer is correct and also why the other answers are incorrect.

If you can't figure it out, go back to your book and read just the passage that relates to the question.

The books have a lot of filler in them that you probably won't see on the exam.

Once you get around 90% of the MCs right, you will be ready to take the exam.

BEC - 89
REG - 89
AUD - 95
FAR - 90

Becker

[PL CPA]

@gobias

The issue here is that “The change has no material effect on current year's financials.”

Meaning it's immaterial, therefore we issue a standard unqualified opinion.

If it was material and properly disclosed, issue an unqualified option with an explanatory paragraph concerning comparability.

BEC - 89
REG - 89
AUD - 95
FAR - 90

Becker

[gobias]

@PL CPA

Thank you!

F - 86
R - 90
A - 97
B - 91

[PINKing]

Anyone using Becker and Wiley test bank? I'm getting at least 75% on all Becker MCQ but mostly mid 80's. But I'm really bombing the Wiley MCQs. I feel like I haven't seen most of the material in the questions.

[GonnaBeACPA]

Postponed the audit exam till May 20th. Life got in my way this week but I'm back on the horse and ready to tackle the simulations. I got the Wiley test bank but can't find the simulations. Is that a special program?

AUD - 61 (05/20/13) - READY FOR RETAKE IN AUG 13

Anything in life that's really worth acquiring takes time and effort!!

[TAJCPA]

I have AUD on April 20th….any pointers on how I should use my time between now and then?

[Author]

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