[MCLKT]

Hi all of my Auditing class of 2013 Ninjas!

Is there a study group topic for Jan/Feb 2013 yet?

If not, can we start one?

I have scheduled my exam for 1/11. This is my second try (73 in Aug. 2012). Tonight I am going to take a mini practice exam to see what I remember and get and idea of my weak spots. And tomorrow I begin re-watching Yaeger vidoes. The entire timeline is to work book questions as I go through each module. Wrapping up the last video by Dec 14. And will do nothing but review, review, review until 1/10. Oh, and take my holiday vacation at the end of December, yikes!

What review material are you using? When is your exam? What topics have you covered? Any tips yet?

A:[73]97 F:[74]85 R:86 B:[74]82
*NINJA 10 Pt. COMBO & Yaeger*

[foreseeableCPA]

6th sim in A5? For me that is a research one.

CPA - Class of 2013
CIA - Class of 2016

[Anonymous]

There is a table on A5 pg20 (becker 2011) that shows an example of of the pps, i cannot interpret the info. It shows three columns titled “customer account” “book value” and “cumulative total.” I know how they got the cum. Total but the asterisks and the note by it do not make sense to me

[foreseeableCPA]

The sampling interval is $5000 and the random number to start from was $300. This sampling method chooses an account with an interval of $5000. Since the first balance was $150 but the START number was $300, the next account will be chosen. Then you would add 5000 to 300, becoming 5300 and then search for the closest cumulative balance to 5300. From the looks of it, the book value has no other purpose other than to add it to the previous balance. As you can see, this method does not really care what a specified customer's account balance really is, rather it chooses a balance according to the cumulative total.

CPA - Class of 2013
CIA - Class of 2016

[teffeke]

I have been in assurance in public accounting for four years (2 yrs at the big 4 and 2 yrs at a regional firm) and I am studying for audit. I am using Becker. For others who have a lot of audit experience and took audit, did you study chapter 4 in Becker? I have thoroughly covered 1, 2 and 3… read 5 and 6… but I feel like doing much with 4 is overkill. Thoughts?

R
A-91
B
F-89

[Lost.n.lost]

@foreseeableCPA.

Umm…the main question I wanna know is if rounding is necessary…I put in the formula and it spit out a number like..”128.3567589″ …the Becker answer was 129…so u think if I leave it as is, “128.357799” on the exam….do u think they will mark it wrong?

[23K]

@MCLKT

Where have you been and how is studying?

Well – back to studying hardcore – the holidays did'nt help – slacked so much 🙁

On A5 – MC's questions – hope to get HW done by Friday night

AUD--52,68,83, expired. Retake = 74 RETAKE - 7.24.26
FAR--73,70,68,75
BEC-- 79
REG-- 68,62,75

[foreseeableCPA]

@Lost

I do not think it will mark it wrong. My best guess is that they have a range of acceptable answers. For example, on REG, there are a lot of calculations and it would be nearly impossible for candidates to pass if they had to get the answer spot on.

CPA - Class of 2013
CIA - Class of 2016

[Tobias-Germany]

Everyone can cut the time at A1-A6 if he has some public accounting experience. I think for the AUD section it's very important to have some practice knowledge of auditing, not just the theory.

[StudyCentral]

Hi all, I am a long time visitor of this site but this is my first time posting.

Lots of questions on here about study material and techniques so I thought I would share my methods.

I have been using becker self study and it has served me well (Reg 94, BEC 85, both first try). Before I start the lectures on each chapter I read the chapter completely. I then watch the lecture and take notes, after each lecture I immediately start the multiple choice questions pertaining to that lecture.Once I complete a chapter I return to the beginning and review the key points. I have found this helps me understand things I may have missed the first or second time through, and obviously the repetition is very helpful.

Hope this helps, GOOD LUCK ALL AND HAPPY STUDYING!

[lyzgrace]

AUD retake here… got burned with a 73 in November and now I'm scrambling to take it again on Monday before my FAR NTS runs out and I have to take that one the end of January!!

I see a lot of people use Becker. I couldn't shell out the cash for that so I'm using Kaplan. Any Kaplan Schweser success stories?

AUD: 82
FAR: 78
BEC: 75
REG: 8/1 score release!!

[Anonymous]

Just took my FAR retake this morning (got the dreaded 74 in November – hoping I at least got that 75 this time).

AUD scheduled for 1/26.The plan is to just do a ton of MCs and NINJA Audio over the next 3 weeks!

[hwtCPAexam]

Anybody using cpareviewforfree.com as a supplement to your primary review course? I just purchased the simulations for audit and I'm already noticing that some of the material is inconsistent with what is given in CPA Excel. I trust CPA Excel's product because it's all I've used to study on the previous three exams. I just thought that it would be nice to supplement on the simulations since I never feel good about the simulations on test day.

FAR 07/11/12 91
REG 08/20/12 89
BEC 10/01/12 84
AUD 01/08/13 88

[teffeke]

I took audit 2 years ago using Becker and the book only had 5 chapters. Those 5 chapters are the same first 5 chapters in the new Becker book for Audit. However, a chapter 6 has been added. Anyone have any input on how hard I should look at chapter 6? I'm thinking that the only thing in there I really need to know is Gov't auditing. Thoughts?

I know the last chapter in becker books is often the least important. I didn't even read F10 before I went in to take the test and felt it didn't hurt me in the least.

R
A-91
B
F-89

[Anonymous]

@hwtCPAexam I use cpareviewforfree.com (free questions) as additional practice to Becker. I didn't use it for Reg (which I failed) but did for BEC (which I passed). I give most credit to Becker for preparing me but DID see questions on the exam that were right off cpareviewforfree. I also work with people who used cpareview as additional practice for their AUD exam and said they saw identical questions on their actual exams (which they passed). They took AUD in late 2012.

Good luck!

[Lost.n.lost]

Well I see some exact question from cpareviewfree on Becker in AUD

[Author]

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