AUD Study Group October November 2013 - Page 61

Viewing 15 replies - 901 through 915 (of 1,096 total)
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  • #478645
    stoleway
    Participant

    The audit report should state the basis of presentation and refers to the note to the

    financial statements that describes the basis.

    This disclosure is not required if you are issuing the report on a prescribed format

    I stand to be corrected on the second sentence.

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    #478675
    stoleway
    Participant

    The audit report should state the basis of presentation and refers to the note to the

    financial statements that describes the basis.

    This disclosure is not required if you are issuing the report on a prescribed format

    I stand to be corrected on the second sentence.

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    #478647
    Masry1989
    Member

    please guys regarding Reporting module , in becker there is a point a want a clarification for it , which says,

    Uncertainty (related to GAAP)

    Uncertainty (related to GAAS)

    does anybody has an example for those Uncertainties ??

    #478677
    Masry1989
    Member

    please guys regarding Reporting module , in becker there is a point a want a clarification for it , which says,

    Uncertainty (related to GAAP)

    Uncertainty (related to GAAS)

    does anybody has an example for those Uncertainties ??

    #478649
    nishvik
    Participant

    Hey Guys,

    Anyone using becker for audit, I was solving simulations for A1.

    I am having trouble with those research questions, I mean what the heck :?:S

    No idea whats going on??? I am finding AU-C difficult to navigate..Anyone facing same issue or has overcome with this what the heck situation??

    I know practising research question doesnt help that much because on the actual exam its completely different situation..But I feel getting used to AL helps to become familiar..

    by the way this is my 3rd attempt..Last attempt was in July 2013 🙁 There has been update to Becker so i feel sm research questions are new..

    Thanks Good Luck

    FAR- 79 -->Becker self study, Final review & Flashcards
    REG -72-->Becker ,76-->Becker plus Wiley test bank
    AUD- 73 Becker,72-->Becker+Wiley,69-->Added ninja notes,89 --> Added Gleim review
    BEC- 84 Becker plus Wiley Test bank

    I am Done !!!!

    #478679
    nishvik
    Participant

    Hey Guys,

    Anyone using becker for audit, I was solving simulations for A1.

    I am having trouble with those research questions, I mean what the heck :?:S

    No idea whats going on??? I am finding AU-C difficult to navigate..Anyone facing same issue or has overcome with this what the heck situation??

    I know practising research question doesnt help that much because on the actual exam its completely different situation..But I feel getting used to AL helps to become familiar..

    by the way this is my 3rd attempt..Last attempt was in July 2013 🙁 There has been update to Becker so i feel sm research questions are new..

    Thanks Good Luck

    FAR- 79 -->Becker self study, Final review & Flashcards
    REG -72-->Becker ,76-->Becker plus Wiley test bank
    AUD- 73 Becker,72-->Becker+Wiley,69-->Added ninja notes,89 --> Added Gleim review
    BEC- 84 Becker plus Wiley Test bank

    I am Done !!!!

    #478651
    Melans
    Member

    @nishvic – I have the same issue. I have attempted all the research questions in Becker at this point, and have yet to get one correct. And for some of them I swear my answer was better than the correct one, or so close to the same thing its crazy. It doesn't seem to flow as logically or something as just AU. I don't know – maybe its just me, I am really struggling with those as well.

    AUD 7/30/12 73; 12/2/13 85
    BEC 7/19/13 81
    REG 8/2/14 83
    FAR - Jan 2015

    #478681
    Melans
    Member

    @nishvic – I have the same issue. I have attempted all the research questions in Becker at this point, and have yet to get one correct. And for some of them I swear my answer was better than the correct one, or so close to the same thing its crazy. It doesn't seem to flow as logically or something as just AU. I don't know – maybe its just me, I am really struggling with those as well.

    AUD 7/30/12 73; 12/2/13 85
    BEC 7/19/13 81
    REG 8/2/14 83
    FAR - Jan 2015

    #478653

    I struggled with most of the Becker AUD research sims (although I was okay with the research sims for the other exams). I had two research sims on my exam and had no difficulty finding them. I wouldn't worry about it!

    #478683

    I struggled with most of the Becker AUD research sims (although I was okay with the research sims for the other exams). I had two research sims on my exam and had no difficulty finding them. I wouldn't worry about it!

    #478655
    Melans
    Member

    @barelystayingsane – that is sooooo comforting to hear!

    AUD 7/30/12 73; 12/2/13 85
    BEC 7/19/13 81
    REG 8/2/14 83
    FAR - Jan 2015

    #478685
    Melans
    Member

    @barelystayingsane – that is sooooo comforting to hear!

    AUD 7/30/12 73; 12/2/13 85
    BEC 7/19/13 81
    REG 8/2/14 83
    FAR - Jan 2015

    #478657
    Masry1989
    Member

    please guys ,

    I wonder what is the differences between Public firms audit and non Issuer , as What I get is the following only :

    1- Internal control (in public auditor have to report on , while in public not)

    2- reporting audited FS (only reference to PCAOB , while non issuer GAAS)

    3- Review only interim for public (according to PCAOB) , while non issuer review FS (according to SSARS) ,and Review Interim (according to SAS)

    Please Guys , correct me If I'm wrong , and tell me if there is any differences , also feel free to send to me a links for any recommed readings about this

    please Guys ASAP

    Thanks ,

    #478687
    Masry1989
    Member

    please guys ,

    I wonder what is the differences between Public firms audit and non Issuer , as What I get is the following only :

    1- Internal control (in public auditor have to report on , while in public not)

    2- reporting audited FS (only reference to PCAOB , while non issuer GAAS)

    3- Review only interim for public (according to PCAOB) , while non issuer review FS (according to SSARS) ,and Review Interim (according to SAS)

    Please Guys , correct me If I'm wrong , and tell me if there is any differences , also feel free to send to me a links for any recommed readings about this

    please Guys ASAP

    Thanks ,

    #478659
    Anonymous
    Inactive

    Taking audit today at 4pm….any last minute recommendations on what I should review last minute that may be helpful?

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