[Q2] AUD Study Group 2014 - Page 11

  • Creator
    Topic
  • #183479
    jeff
    Keymaster

    I’ve had a few requests for April/May Study Groups…March will be here before you know it.

    In order to take an early April exam, you should begin studying…now. 🙂

Viewing 15 replies - 151 through 165 (of 893 total)
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  • #568154
    Anonymous
    Inactive

    I was originally going to take Reg but now I am leaning towards taking BEC end of May and Reg in Aug or Oct.

    @ tito Whats your time frame for taking all the tests?

    #568155
    titoav15
    Participant

    @ayafzal78 looking to take Audit April 3 then try to take BEC by the end of April or take Reg and take it end of May… I think I need to 1 month for BEC and about 2 for Reg… reasonable time frame? Thoughts? Basically would like to get it all over with by the beginning of fall.

    BEC: 5/21/14 82! PASSED HALF WAY THERE!
    FAR: 4/2/15 80! Almost there!
    AUD: 69, 74, 4/3/14 81! PASSED
    REG: TBD

    #568156
    ragepsn29
    Participant

    @titoav15, I plan to take BEC after I take AUD. I feel I have better shot with BEC compared to REG. I was a little bit lost when I took tax class in college so I will save REG for last. I will probably have about 6 weeks learning BEC.

    AUD - 65, 72, 70, 74, 81
    FAR - 66, 71, 76
    REG - 69
    BEC - 80

    #568157
    Anonymous
    Inactive

    @tito..that was my plan too. Take all exams by July and if I need to retake do that in Aug. However things did not work out as planned and now my last one will be Aug/Oct.

    As for Reg I would recommend at least 6 weeks. Its more material than Audit and some sections can be hard.

    #568158
    Anonymous
    Inactive

    I have a general question for anyone studying for auditing. I am using Yaeger and Wiley and am getting so frustrated. It seems like alot of the questions being asked are so subjective, especially the least likey/most likely type questions. Is anyone else feeling like this?

    #568159
    smsingla
    Member

    @adam, I m right there with you. I am also using Yaeger and Wiley. The thing is I loved all their lecture videos for rest of the three CPA sections but Gary is just so boring. I don't like his way of teaching. Plus even if I understand some material, I am not getting any of MCQs right. My only hope is when I start reviewing all the modules, things will be better (that's what happened with all three sections) Right now I am at module 5 and planning to take test at the end of April. What is your plan?

    REG 81
    BEC 74,65,78
    FAR 79
    AUD 85 DONE!!!

    #568160
    Anonymous
    Inactive

    @smsingla I am on the same pace as you. I'm half way through module 5 and was looking to test around April 21. I work in tax and have no audit experience so that may be a factor as well. I just feel like Gary isn't really giving us any insight. He skims the chapter and then just reads through the MC. I didn't care much for Phil either. To me Cindy was great, she really went into detail about the modules. I think I am going to just have to do more independent studying in addition to the lectures than I did before.

    #568161
    funtiks
    Participant

    A3 Engagement acceptance, planning and supervision is driving me crazy

    I read it over 2 times

    watched the lectures

    and memorized my extensive notes

    Start doing MCQs and score 40s…..

    What chapter covers this info in Willey book? and ninja notes?

    FAR - 76*, 73, 85
    BEC - 69, 72, 78*, 80
    AUD - 72, 71, 90
    REG - 71, 74, 85

    AFTER 3 YEARS I'M DONE!!!

    #568162
    Anonymous
    Inactive

    I am mailing my out Application of Intent tomorrow. If my MS program adviser is correct about how quick my application will be processed (and, of course, there are no unforeseen hitches), I should be sitting for AUD the last week in May.

    I took Audit II the first 8-weeks of this semester and am in Audit III now.

    I have started going through the Roger AUD book (as well as the FAR book a little.) It is insane how much easier it is to go through the book being in the midst of my audit classes…..as opposed to having to re-learn stuff–which is what I am going to have to do for 60% of the FAR stuff. Or, worse, learn it for the first time.

    #568163
    Anonymous
    Inactive

    Just got done with Audit Sampling…head hurting to say the least. Spent an entire day on that one topic

    #568164
    Quinacridone
    Member

    I just have the Audit Sampling lecture done (no MCQs). I'm starting the homework now. I do audit sampling at work, but we do it a little different (sometimes we pull similar to PPS (for dollar value emphasis type items; but we also do A LOT of attribute related sampling – but the way we project is different). I could grasp some of what he was saying, but some of it was also foreign.

    My A4 is still not as good as I want. I finished the 147 additional problems with only a 78% (in Beckers – A4 has to do with control risk assessments and types of audit procedures). I am thinking this stuff could easily appear in Sims on the test so I need to keep working in this section to get my scores higher and more fluent. Its going to be a full weekend if I want to get through both A5 and A6 this weekend!

    After this test (if I pass), I'm going right into BEC. I opened the book today and saw that a lot of the first chapter is on (drum roll here) control risk! I'm thinking about doing something foolish and scheduling BEC for May 8.

    REG - Nov 4, 2013: 88
    FAR - Feb 27, 2014: 86
    AUD - April 5, 2014: 91
    BEC - May 6, 2014: 83

    Florida CPA 24 July 2014
    (Done in seven months - thank you Jesus!!)

    #568165

    hey everyone! i was wondering what average score you all receive per mc section on becker? Through A1- A3 I've been getting around 80% per mc section, which has been much higher than what I got per mc section for Reg and Far, but im still concerned that for this exam, averaging around an 80% isn't enough.. any thoughts and responses would be great thanks!

    FAR: PASSED
    REG: PASSED
    AUD: PASSED
    BEC: PASSED

    DONE

    #568166
    Quinacridone
    Member

    I normally shoot for a minimum of 80%. If I get less than that, then I redo all of the MCQs before I go onto the next section. I consider 80% to show that I have a reasonable command of the subject. The problem with trying to shoot for perfection is that by the time I get to the end of the book, I've lost a lot of what I've learned in the beginning. I want to press on and get through all of the chapters as quickly as possible.

    Once I finish getting through all of the material, that is when I start pushing myself for as much perfection as possible in all of the chapters (and any section that the practice exam shows I'm weak in, I go back and completely redo). To try to keep things fresh, I do a small sample of MCQs from each section that I've previously covered each night before I go to bed.

    REG - Nov 4, 2013: 88
    FAR - Feb 27, 2014: 86
    AUD - April 5, 2014: 91
    BEC - May 6, 2014: 83

    Florida CPA 24 July 2014
    (Done in seven months - thank you Jesus!!)

    #568167
    lvr21
    Member

    Someone posted something on here and I can't find it and I'm not sure if it was correct.

    There are four four different kinds of reports for BOTH issuers/nonissures:

    Unmodified

    Qualified “except for”

    Adverse

    Disclaimer

    {R: PASSED!! (I passed one!)}
    {B: PASSED!! (Halfway there!)}
    {F: PASSED!! (1 left!!!)}
    {A: PASSED(I am done!!)}

    #568168
    ragepsn29
    Participant

    @lvr21, Yes I think it was correct. There are 4 types of audit report.

    -Unqualified/Unmodified

    -Qualified/Modified

    -Adverse

    -Disclaimer

    AUD - 65, 72, 70, 74, 81
    FAR - 66, 71, 76
    REG - 69
    BEC - 80

Viewing 15 replies - 151 through 165 (of 893 total)
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