[jeff]

AUD Resources:

Free AUD Notes & Audio – https://www.another71.com/cpa-exam-study-plan

AUD 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

AUD Score Release: https://www.another71.com/cpa-exam-scores-results-release

[Anonymous]

I'm using Kaplan and WTB MCQs. I like the WTB better because the wording is not as confusing. They also seem to be more in line with actual exam questions than my other study materials, based on my experience of taking the AUD exam in August. Where do you find the MCQ's for the AICPA '13 Release questions?

[jeff]

Free Internal Control Video: https://www.another71.com/ninja-blitz/

[jeff]

Free Internal Control Video: https://www.another71.com/ninja-blitz/

[jeff]

I deleted the released questions link because it's not the provider's website, but it's their material apparently.

If you have study software – you don't need those questions because they're already in there (or should be).

[jeff]

I deleted the released questions link because it's not the provider's website, but it's their material apparently.

If you have study software – you don't need those questions because they're already in there (or should be).

[barelystayingsane]

Hi CPAMommy! Sorry for the delay! I looked into the “every third year” rule for testing IC, and that rule comes from the AICPA, so yes, it would apply to nonpublic companies. Remember that for audits of nonpublic companies, you are NOT required to test the operating effectiveness of the company's IC unless you plan on relying on the assumption that they are operating effectively. For audits of nonpublic companies, you are only required to obtain an understanding of the company's IC, unless you're planning on relying on that assumption . For public companies, you must issue an opinion on the operating effectiveness of IC, so you must test the controls every year. Hopefully that is helpful!

[barelystayingsane]

Hi CPAMommy! Sorry for the delay! I looked into the “every third year” rule for testing IC, and that rule comes from the AICPA, so yes, it would apply to nonpublic companies. Remember that for audits of nonpublic companies, you are NOT required to test the operating effectiveness of the company's IC unless you plan on relying on the assumption that they are operating effectively. For audits of nonpublic companies, you are only required to obtain an understanding of the company's IC, unless you're planning on relying on that assumption . For public companies, you must issue an opinion on the operating effectiveness of IC, so you must test the controls every year. Hopefully that is helpful!

[Anonymous]

Yes it does. Thank you! I hope you had a great vacation!

[Anonymous]

Yes it does. Thank you! I hope you had a great vacation!

[Anonymous]

Sorry didn't even check to see if the source was actually from AICPA. But yes, what Jeff said is true: most of the questions that I saw from that AICPA release list, are familiar from Becker and the WTB questions.

[Anonymous]

Sorry didn't even check to see if the source was actually from AICPA. But yes, what Jeff said is true: most of the questions that I saw from that AICPA release list, are familiar from Becker and the WTB questions.

[RHLauren]

I wish I had left more time for the simulation! 🙁

- CPA, California 2014 active -

2 1/2 years Big 4
7 years private

[RHLauren]

I wish I had left more time for the simulation! 🙁

- CPA, California 2014 active -

2 1/2 years Big 4
7 years private

[tessablkwd]

When the financial statements are OCBOA, does the audit report refer to the note in the financial statements that describes the basis of accounting or not? I feel like I've gotten mixed explanations on MCQs for this one. Thanks!

AUD: 71, 87
BEC: 85
FAR: 80
REG: 12/6/13

[tessablkwd]

When the financial statements are OCBOA, does the audit report refer to the note in the financial statements that describes the basis of accounting or not? I feel like I've gotten mixed explanations on MCQs for this one. Thanks!

AUD: 71, 87
BEC: 85
FAR: 80
REG: 12/6/13

[Author]

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