[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*

[missjones513]

Going to start back studying for AUD today. Hopefully this section won't be too bad…especially since I'm an auditor. Planning on taking this section in April.

REG - 5/29/12 (64), 10/1/12 (74), 5/20/13 (75, expires 12/31/14)
FAR - 8/14/12 (64), 8/5/14 (75)
BEC - 11/19/12 (70), 2/25/13 (72), 11/21/13 (73), 1/21/14 (73), 8/30/14 (72), 11/24/14 (75)
AUD - 4/22/13 (65), 10/12/13 (79)

I'm done!!!

Ethics - Pass

[jeff]

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

[mypetmeatball]

^^^ Welp, got that one wrong. I had no idea. Thanks for the confidence boost, Jeff.

[jeff]

Maybe I just saved your bacon on the 28th 🙂

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

[.75 CPA]

@mypetmeatball

What version of Becker are you using because the version I have hasn't talked about tickmarks at all!!

FAR-PASS!
REG-PASS!
BEC-PASS!
AUD-April/May 2013

[mypetmeatball]

I'm using 2013. The tickmarks weren't mentioned much in the lectures/book but Practice Exam #1 did have a simulation on it.

[Anonymous]

I took a practice exam in Wiley today and it didn't let me see which ones I got wrong. Is there a way to go back and review the questions? I marked a few of them and want to know which way it went.

I did decent on it. I hope that means I can pass this thing. Stupid nerves got me now, oof.

[whatamidoing]

Anyone have a list of those reports that would be restricted? I feel like I'm okay with it but I'd like to review an all-inclusive list to make sure.

F - 85 (11/2012)
R - 87 (1/2013)
A - 92 (2/2013)
B - 90 (4/2013)

DONE!

[Anonymous]

Maybe not an all-inclusive list but:

-Reports on agreed-upon procedures

-Reporting on internal control during a regular audit of a non-issuer (unless the audit is specifically on internal control – then it's not restricted)

-Reviews of prospective financial statements; sometimes on forecasted financials, but not required on forecasts

-Reports on OCBOA financials presented on a regulatory or contractual basis

Others? I can't think of any at the moment.

[whatamidoing]

Nice list, thanks for doing that @annanutha. I just took the Becker practice exam #2 and one of the SIMs involved identifying whether the report would be restricted or not. Your list looked good, only thing I'd add is “Compliance with a contractual agreement related to audited FS.”

I totally forgot about the restriction on the IC report of a FS audit of non issuers if not reported on separately.

F - 85 (11/2012)
R - 87 (1/2013)
A - 92 (2/2013)
B - 90 (4/2013)

DONE!

[SeattleAccountant]

@AnnaNutha, wait a minute, I thought review of prospective F/S is specifically not allowed!

Per SSAE, only examinations, compilations and agreed-upon procedures that the practitioner is allowed to perform in regards to projections & forecasts.

Somebody correct me if i'm wrong, please.

Becker Class of Jan - Aug 2013: FARB DONE!!!!
CPA license pending 🙂

[Anonymous]

@AnnaNutha:

You can review your exam by clicking on the “My Reports” tab, and selecting “Incorrect Questions” or “Bookmarked Questions”.

[whatamidoing]

@SeattleAccountant – that's correct…no reviews of prospective FS allowed, only compilations, examinations, or AUP. Good catch.

F - 85 (11/2012)
R - 87 (1/2013)
A - 92 (2/2013)
B - 90 (4/2013)

DONE!

[Anonymous]

Hmm, I wonder if they were reviewing the assumptions used in the prospective financials? The question had to do with the assumptions, I believe. I don't remember now.

Thanks for telling me where to review the missed answers, too. I'm going to go do that real quick before I leave! 🙂

Edit: There is no report there for the test I took. In the CPA test bank, I clicked “Take a Test” and took it. When I was done, it gave me a score but no way to go back into it. Under “My Assessments” there is no report for that test and when I click to go back into the test, it just gives me a new test and no way to see my other one.

[Anonymous]

Hmmm…I guess you need to individually save every exam in order to review it. However, I don't remember saving mine and it shows up.

My Reports —> Incorrect Questions —> Auditing and Attestation —> Select Session

***Just reread your post. My Assessments does not contain “Take a Test” results. Those can be found by using the instructions listed above. Good luck!

[Author]

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