AUD Study Group July August 2013 - Page 62

Viewing 15 replies - 916 through 930 (of 1,172 total)
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  • #438504
    Mia
    Participant

    @Awesome the wiley test bank is not updated for the changes from what I know. I didn't try doing the sims on the test bank this time around. I saved the PDF that they have when you follow the link on the side (which has updated sims). And then instead of using their literature, I use AICPA's. I see the right answers.

    Links:

    Wiley Test Bank Updated Sims – https://www.wileycpa.com/cpa_supports/is-the-test-bank-up-to-date-for-the-new-aud-clarity-standard/

    Professional Literature – https://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/HowToPrepare/Pages/literature.aspx

    BEC 82 Nov 2012 | REG 80 Feb 2013 | FAR 76!!! Apr 2013 | AUD 69 May 2013 | AUD 83!!! Aug 2013

    Done!! Thanks Jeff & A71 friends!

    Ad maiorem Dei gloriam - For the greater glory of God!

    #438360
    Mia
    Participant

    Welcome tcincy! I'm about to leave this study group on Monday (hoping..). But see you around and hopefully I'll have an experience to share on tuesday.

    @Lilla what is your plan from now until test day? Seems like I'm just reading and rereading notes I took from taking the MCQs as well as standards I'm not familiar with.

    BEC 82 Nov 2012 | REG 80 Feb 2013 | FAR 76!!! Apr 2013 | AUD 69 May 2013 | AUD 83!!! Aug 2013

    Done!! Thanks Jeff & A71 friends!

    Ad maiorem Dei gloriam - For the greater glory of God!

    #438506
    Mia
    Participant

    Welcome tcincy! I'm about to leave this study group on Monday (hoping..). But see you around and hopefully I'll have an experience to share on tuesday.

    @Lilla what is your plan from now until test day? Seems like I'm just reading and rereading notes I took from taking the MCQs as well as standards I'm not familiar with.

    BEC 82 Nov 2012 | REG 80 Feb 2013 | FAR 76!!! Apr 2013 | AUD 69 May 2013 | AUD 83!!! Aug 2013

    Done!! Thanks Jeff & A71 friends!

    Ad maiorem Dei gloriam - For the greater glory of God!

    #438362
    Anonymous
    Inactive

    Do you guys know if the old stuff of AUD will be tested such as unqualified, explanatory paragraph preceding or after opinion paragraph? or will it just be Clarified SAS with the unmodified opinion etc.

    Thanks.

    #438508
    Anonymous
    Inactive

    Do you guys know if the old stuff of AUD will be tested such as unqualified, explanatory paragraph preceding or after opinion paragraph? or will it just be Clarified SAS with the unmodified opinion etc.

    Thanks.

    #438364
    Anonymous
    Inactive

    @adamantium007 There will still be some of both until Jan 1, when they say that the tests will be solely based on AU-C.

    @Mia I'm wrapping up the MCQs in WTB, re-doing the ones that I got wrong, and going over Ninja Notes & Audio for my weak areas (and if I have time, re-reading the sections in the Wiley book, but I doubt that will happen!). I'm not a good note-taker myself, so when I have time, I use Ninja Notes for my note part of things…so this morning, so far, I've listened to the Audit Sampling audio while re-typing the notes. I have about 300 unseen MCQs still, so I plan to do those today, too. Then Monday and Tuesday evenings, after work, I'll do the questions that I'd gotten wrong previously…and Wednesday I'll probably listen to Audio on my way to my test. 🙂

    #438510
    Anonymous
    Inactive

    @adamantium007 There will still be some of both until Jan 1, when they say that the tests will be solely based on AU-C.

    @Mia I'm wrapping up the MCQs in WTB, re-doing the ones that I got wrong, and going over Ninja Notes & Audio for my weak areas (and if I have time, re-reading the sections in the Wiley book, but I doubt that will happen!). I'm not a good note-taker myself, so when I have time, I use Ninja Notes for my note part of things…so this morning, so far, I've listened to the Audit Sampling audio while re-typing the notes. I have about 300 unseen MCQs still, so I plan to do those today, too. Then Monday and Tuesday evenings, after work, I'll do the questions that I'd gotten wrong previously…and Wednesday I'll probably listen to Audio on my way to my test. 🙂

    #438366
    mags603
    Member

    hi guys! does anyone have any helpful tips on the sims?

    for instance the picture of all the auditing symbols and what each one means completely confuses me as well as the picture of a client's financial processing and then they have blank circles rectangles etc and you need to identify (i guess) what each blank shape means?

    ahh!!

    #438512
    mags603
    Member

    hi guys! does anyone have any helpful tips on the sims?

    for instance the picture of all the auditing symbols and what each one means completely confuses me as well as the picture of a client's financial processing and then they have blank circles rectangles etc and you need to identify (i guess) what each blank shape means?

    ahh!!

    #438368
    Mia
    Participant

    Lilla, Sounds like you have a plan in place. I'm a bit lost on how to review for these last days. I'm also doing the Wiley MCQs but feel like I'm memorizing the answers, you know what I mean? Because it's my 2nd/3rd time (at least) to see all the questions. I think I'll try retyping notes too like you're doing.

    mags603 – are you talking about tickmarks and symbols used by an auditor? or the flowchart symbols? If it's the flowchart symbols, I suggest drawing them without a copy so you could memorize them.

    BEC 82 Nov 2012 | REG 80 Feb 2013 | FAR 76!!! Apr 2013 | AUD 69 May 2013 | AUD 83!!! Aug 2013

    Done!! Thanks Jeff & A71 friends!

    Ad maiorem Dei gloriam - For the greater glory of God!

    #438514
    Mia
    Participant

    Lilla, Sounds like you have a plan in place. I'm a bit lost on how to review for these last days. I'm also doing the Wiley MCQs but feel like I'm memorizing the answers, you know what I mean? Because it's my 2nd/3rd time (at least) to see all the questions. I think I'll try retyping notes too like you're doing.

    mags603 – are you talking about tickmarks and symbols used by an auditor? or the flowchart symbols? If it's the flowchart symbols, I suggest drawing them without a copy so you could memorize them.

    BEC 82 Nov 2012 | REG 80 Feb 2013 | FAR 76!!! Apr 2013 | AUD 69 May 2013 | AUD 83!!! Aug 2013

    Done!! Thanks Jeff & A71 friends!

    Ad maiorem Dei gloriam - For the greater glory of God!

    #438370
    mags603
    Member

    thanks mia! do you know what page in becker it is? also, i guess i was talking about the auditors work papers with a bunch of symbols and you have to say what each symbol is…am i the only one who finds those diagrams impossible? good luck studying all1

    #438516
    mags603
    Member

    thanks mia! do you know what page in becker it is? also, i guess i was talking about the auditors work papers with a bunch of symbols and you have to say what each symbol is…am i the only one who finds those diagrams impossible? good luck studying all1

    #438372
    Mia
    Participant

    I might be wrong but I don't think I saw the flowcharts symbols and their descriptions in the AUD book. You could see how they are used in transaction cycles (chapter 4, middle part). I saw them in the BEC book. But you could find those through google 🙂

    For the symbols on the auditors work papers or audited financial statements, it's been discussed here a while back:

    https://www.another71.com/cpa-exam-forum/topic/aud-study-group-july-august-2013/page/12

    So I guess you don't need to worry about them except trying a sim or two that has those?

    BEC 82 Nov 2012 | REG 80 Feb 2013 | FAR 76!!! Apr 2013 | AUD 69 May 2013 | AUD 83!!! Aug 2013

    Done!! Thanks Jeff & A71 friends!

    Ad maiorem Dei gloriam - For the greater glory of God!

    #438518
    Mia
    Participant

    I might be wrong but I don't think I saw the flowcharts symbols and their descriptions in the AUD book. You could see how they are used in transaction cycles (chapter 4, middle part). I saw them in the BEC book. But you could find those through google 🙂

    For the symbols on the auditors work papers or audited financial statements, it's been discussed here a while back:

    https://www.another71.com/cpa-exam-forum/topic/aud-study-group-july-august-2013/page/12

    So I guess you don't need to worry about them except trying a sim or two that has those?

    BEC 82 Nov 2012 | REG 80 Feb 2013 | FAR 76!!! Apr 2013 | AUD 69 May 2013 | AUD 83!!! Aug 2013

    Done!! Thanks Jeff & A71 friends!

    Ad maiorem Dei gloriam - For the greater glory of God!

Viewing 15 replies - 916 through 930 (of 1,172 total)
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