[Q3] AUD Study Group 2014 - Page 62

Viewing 15 replies - 916 through 930 (of 1,389 total)
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  • #593067
    iddyrashy
    Member

    @dragnets I used CPAexcel for audit too, here is an advise, find someone to give a becker book and review only that section. I hate Becker because of too much notes, but not on Internal Control and Government Audit they did a good job.

    Another medicine do many MCQ from WTB on I/C…. Please dont opt out, because you will be surprised on the exam date. They might test you on I/C like you're asking to become COSO certified.

    AUD 89 (07/06/14)
    REG 83 (08/27/2015)
    FAR 78 (04/27/2015)
    BEC 75 (11/13/2015)

    TEXAS 2016

    #593068
    Jspann225
    Member

    Do you ever get comfortable with being able to select audit procedures from a list in the sims? I always seem to miss a few. Rereading the book has helped me a lot with the multiple choice questions, but not so much with the really in-depth sims in Becker.

    FAR - 93 - 7/1/14
    AUD - 94 - 7/25/14
    REG - 92 - 8/30/14
    BEC - 89 - 10/6/14

    #593069
    Anonymous
    Inactive

    Jspann225,

    Here's my list of Becker Biatches.

    ch3, #5

    Ch4 sim1 #7

    Ch4 sim2 #8

    Ch4 sim3 #2

    Ch4 sim3 #8

    Everything else I'm ok with. Needless to say those are the ones I'm hitting this afternoon and tomorrow morning, along with all ratios.

    #593070
    Gian
    Member

    just came out from my aud exam. it was a roller coaster ride through hell. this test was very very hard compared to the last time I took it. Very wordy.. very very hard… and I mean it.. from the first testlet to my third testlet, it was wordy and the choices are all similar in words. The only difference was the word “AND” “OR”. I got 2 research questions, of which I found it word for word in AL tab compared last time. Hope we made it unless they will manipulately not let us pass. waiting on august 1st..

    Best of Luck to NYCaccountant and the rest you who will take in a few more days…

    AUD - 69, 80
    FAR - 71, rematch 01/19/2015
    BEC - 01/12/15
    REG - 02/23/15

    If life knocks you down, try to land on your back, cause if you can look up, You can get up! No matter how bad it is or how bad it gets, I'M GOING TO MAKE IT.

    #593071
    Gian
    Member

    what is required in reviewing Financial statement?

    a. obtaining management representation letter

    b. assess control risk

    c. assess internal control

    d. assess risk of material misstatement

    AUD - 69, 80
    FAR - 71, rematch 01/19/2015
    BEC - 01/12/15
    REG - 02/23/15

    If life knocks you down, try to land on your back, cause if you can look up, You can get up! No matter how bad it is or how bad it gets, I'M GOING TO MAKE IT.

    #593072
    NYCaccountant
    Participant

    A. Obtaining a management representation letter.

    Reviews, at SSAR reviews aspects, do not require an understanding of internal control or risk assessment procedures.

    FAR - 93
    REG - 87
    BEC - 84!!!!
    AUD - 99!!!!!! CPA exam complete.

    #593073

    I believe the answer is A

    Even without knowing that you need a rep letter for a Review, you can eliminate the other 3 answers. Considering assessing internal control is not apart of the Review process at all, you can eliminate both B and C. Risk of Material Misstatement is Inherent Risk x Control Risk, so again no Control Risk at all so you can now eliminate D as well.

    AUD - 08/04/14 - 83
    FAR - 11/29/14 - 80
    REG - 02/26/15 - 89
    BEC - 05/30/15 - 86

    DONE!

    #593074
    Anonymous
    Inactive

    Getting ready to go slay the beast. Good Luck to you all.

    I'm going to mow the yard and play golf tomorrow, then it's on to FAR on Sunday.

    I'll talk to some of you in the FAR Forum.

    Once Again, Best Wishes in your testing.

    #593075
    OnMyWay732
    Participant

    Just took AUD yesterday…first time beginning my CPA voyage….MC was definitely managable…sims seemed to not have an incredible amount to do with actual auditing. If you didn't know how to book journal entries, you had no shot.

    Here's to hoping!

    AUD - July 2014 - 76
    REG - August 2014 - 82
    FAR - November 2014 - 78
    BEC - January 2015 - 81

    DONE!!!!

    Used Becker online. Who needs a text when you can burn your eyes out staring at the screen for months on end?

    "Let me tell you something you already know. The world ain't all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't how hard you're hit; it's about how hard you can get hit, and keep moving forward. How much you can take, and keep moving forward. That's how winning is done!"

    #593076
    lvr21
    Member

    Good luck to everyone finishing out wave one!!

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

    #593077
    lvr21
    Member

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

    #593078
    riceperson
    Participant

    @NYC

    We seem to have taken the tests in the same order. Good luck amigo, crush it!

    FAR 69, 83
    AUD 85
    BEC 80
    REG 82
    FINISHED

    #593079
    mjp44
    Member

    Good luck NYC and all those taking it soon! t-minus 2 weeks for me…

    FAR- PASSED (11/13)
    REG- PASSED (2/14)
    BEC- PASSED (5/14)
    AUD- PASSED (8/14)

    If it's important to you, you will find a way. If it isn't, you will find an excuse.

    #593080
    Hunnsterr
    Member

    @NYCaccountant

    Good luck!

    @riceperson: I'm sure we all will come out on top

    BEC - 88
    REG - 72, 78
    FAR - 75
    AUD - 64, 64, 3rd attempt!!!

    "A day of worry is more exhausting than a day of work" - John Lubbock

    #593081
    NYCaccountant
    Participant

    Thank you! I'll post my experience sometime tonight or maybe tomorrow.

    FAR - 93
    REG - 87
    BEC - 84!!!!
    AUD - 99!!!!!! CPA exam complete.

Viewing 15 replies - 916 through 930 (of 1,389 total)
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