AUD Study Group July August 2013 - Page 47

Viewing 15 replies - 691 through 705 (of 1,172 total)
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  • #438133
    Qlad
    Member

    @littlenumberrobot….

    I am really impressed by ur enthusiasm after giving the test so many times…

    i just gave FAR and failed twice and i am already sinking….my result for the third attempt of FAR will be out before i give AUD…and i am already panicking…..hope it affects positively in my AUD exam

    ALL the BEST for AUD tomorrow….

    FAR 72,71,81 πŸ™‚
    AUD 64,71, 72, 75 πŸ™‚ I'm done !!!
    REG 73, 74, 74, 84 πŸ™‚
    BEC 76 πŸ™‚

    #438279
    Qlad
    Member

    @littlenumberrobot….

    I am really impressed by ur enthusiasm after giving the test so many times…

    i just gave FAR and failed twice and i am already sinking….my result for the third attempt of FAR will be out before i give AUD…and i am already panicking…..hope it affects positively in my AUD exam

    ALL the BEST for AUD tomorrow….

    FAR 72,71,81 πŸ™‚
    AUD 64,71, 72, 75 πŸ™‚ I'm done !!!
    REG 73, 74, 74, 84 πŸ™‚
    BEC 76 πŸ™‚

    #438135

    @Qlad – Haha Thanks. It has been a roller coaster. I am really sick of studying for Audit and hoping to be done. All I can say is keep going, dont give up and change things up if you have to. I was able to pass my first three without videos, so I added videos with this attempt of Audit. Everyone, and every test, is different.

    Whether you pass or fail FAR, let it be motivation for Audit. Audit is tricky, but not nearly as much information as FAR. Good luck to you as well!

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

    #438281

    @Qlad – Haha Thanks. It has been a roller coaster. I am really sick of studying for Audit and hoping to be done. All I can say is keep going, dont give up and change things up if you have to. I was able to pass my first three without videos, so I added videos with this attempt of Audit. Everyone, and every test, is different.

    Whether you pass or fail FAR, let it be motivation for Audit. Audit is tricky, but not nearly as much information as FAR. Good luck to you as well!

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

    #438137
    Anonymous
    Inactive

    @littlenumerrobot… Thank you for the clarification. I am about to take the AICPA test. I will go thru the simms and see how it goes… Becker has been really confusing and Wiley test bank has not updated their research with the new clarity. I haven't done their simms yet (the ones on PDF format) but they said that those are updated. We shall see…

    Good luck tomorrow!

    #438283
    Anonymous
    Inactive

    @littlenumerrobot… Thank you for the clarification. I am about to take the AICPA test. I will go thru the simms and see how it goes… Becker has been really confusing and Wiley test bank has not updated their research with the new clarity. I haven't done their simms yet (the ones on PDF format) but they said that those are updated. We shall see…

    Good luck tomorrow!

    #438139
    icanhazcpa
    Member

    thank you very much @littlenumberrobot that was exactly my question

    BEC - 83
    FAR - 83
    REG - 74, 78
    AUD - 76

    Becker Self Study

    #438285
    icanhazcpa
    Member

    thank you very much @littlenumberrobot that was exactly my question

    BEC - 83
    FAR - 83
    REG - 74, 78
    AUD - 76

    Becker Self Study

    #438141
    kevinco
    Member

    I wish there was a faster way that test results were released, this waiting game sucks, especially since I took the test at the beginning of the test window

    Boise State Alumni

    05/08/13 FAR Passed - 80
    07/09/13 AUD Passed - 96
    10/10/13 REG Passed - 75
    11/07/13 BEC 77!!! I am DONE!!!!!!!!
    12/13/2013 Received my CPA license on my son's 6th birthday in the mail! My son is always a blessing!!

    BS - Environmental Science
    BBA - Accountancy

    Becker Lectures and MCQs. Click on my avatar for my LinkedIn page.

    #438288
    kevinco
    Member

    I wish there was a faster way that test results were released, this waiting game sucks, especially since I took the test at the beginning of the test window

    Boise State Alumni

    05/08/13 FAR Passed - 80
    07/09/13 AUD Passed - 96
    10/10/13 REG Passed - 75
    11/07/13 BEC 77!!! I am DONE!!!!!!!!
    12/13/2013 Received my CPA license on my son's 6th birthday in the mail! My son is always a blessing!!

    BS - Environmental Science
    BBA - Accountancy

    Becker Lectures and MCQs. Click on my avatar for my LinkedIn page.

    #438143
    Anonymous
    Inactive

    @jdwalton19, you made a good point with your question above. I got so confused too before I figured out why and how would letter A be correct. The completeness of revenue cycle is concerned with UNDERSTATEMENT of AR, sales or cash receipts. CPA should make sure there's a proper control that all these items are included in the FS. When CPA sees “a) An invoice is prepared for each shipping document.” is a control evidence that receivables and sales are not understated, and that these items are appropriately included in the FS.

    I noticed a twist on how item or answer (a) was stated. It's easy to get tricked to assume that the “invoice” referred thereto is the source document. The shipping document is still the source document that the CPA examines and traces to the corresponding sales invoice.

    I am not sure how my interpretation would help. With maximum of 90 seconds to tackle this on the actual test, I am not sure if I actually can come up with an educated guess that day.

    #438289
    Anonymous
    Inactive

    @jdwalton19, you made a good point with your question above. I got so confused too before I figured out why and how would letter A be correct. The completeness of revenue cycle is concerned with UNDERSTATEMENT of AR, sales or cash receipts. CPA should make sure there's a proper control that all these items are included in the FS. When CPA sees “a) An invoice is prepared for each shipping document.” is a control evidence that receivables and sales are not understated, and that these items are appropriately included in the FS.

    I noticed a twist on how item or answer (a) was stated. It's easy to get tricked to assume that the “invoice” referred thereto is the source document. The shipping document is still the source document that the CPA examines and traces to the corresponding sales invoice.

    I am not sure how my interpretation would help. With maximum of 90 seconds to tackle this on the actual test, I am not sure if I actually can come up with an educated guess that day.

    #438145
    Qlad
    Member

    I am not able to understand the logic of which assertion to be tested which way on ch 4 of Becker….. or when the question asks what is the auditor testing for …like completeness or valuation etc…i am lost…getting almost all of the questions wrong….how do i apply logic….please someone explain….

    FAR 72,71,81 πŸ™‚
    AUD 64,71, 72, 75 πŸ™‚ I'm done !!!
    REG 73, 74, 74, 84 πŸ™‚
    BEC 76 πŸ™‚

    #438291
    Qlad
    Member

    I am not able to understand the logic of which assertion to be tested which way on ch 4 of Becker….. or when the question asks what is the auditor testing for …like completeness or valuation etc…i am lost…getting almost all of the questions wrong….how do i apply logic….please someone explain….

    FAR 72,71,81 πŸ™‚
    AUD 64,71, 72, 75 πŸ™‚ I'm done !!!
    REG 73, 74, 74, 84 πŸ™‚
    BEC 76 πŸ™‚

    #438148
    Anonymous
    Inactive

    What is the timeframe for AUD to start testing on the clarity standards? Should I be glossing over them while I study for AUD.

    FAR- 81 (7/2012)

    BEC-84 (2/2013)

    REG-74(UGH! 1/13) Retook 7/2013 waiting….

    AUD-74(UGH!!! October 2012) Sitting 8/2013

Viewing 15 replies - 691 through 705 (of 1,172 total)
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