AUD Study Group October November 2013 - Page 62

Viewing 15 replies - 916 through 930 (of 1,096 total)
  • Author
    Replies
  • #478688
    Anonymous
    Inactive

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

    #478661
    nishvik
    Participant

    Take deep breaths, be relaxed strech a lil bit before goin in for exam.

    Just go thru ur notes or flashcards and anything u feel u wanna look once again.

    Take name of almighty and also allocate time wisely for each testlet and make full use of AL for simulation..

    Wish you 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 !!!!

    #478690
    nishvik
    Participant

    Take deep breaths, be relaxed strech a lil bit before goin in for exam.

    Just go thru ur notes or flashcards and anything u feel u wanna look once again.

    Take name of almighty and also allocate time wisely for each testlet and make full use of AL for simulation..

    Wish you 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 !!!!

    #478664
    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 ,

    #478692
    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 ,

    #478666
    Melans
    Member

    @Masry – here are a few other things, not sure if this is what you mean:

    Issuer holds audit work paper for 7 years, while non-issuer holds for 5 years

    Issuers have 45 days after release date to complete audit documentation, while non-issuers have 60

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

    #478694
    Melans
    Member

    @Masry – here are a few other things, not sure if this is what you mean:

    Issuer holds audit work paper for 7 years, while non-issuer holds for 5 years

    Issuers have 45 days after release date to complete audit documentation, while non-issuers have 60

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

    #478668
    Anonymous
    Inactive

    I need some feedback folks. How important is knowing material in audit evidence in order to pass the exam. I went through the lecture and homework.

    I have a basic understanding of the transaction cycle however I haven't been able to ace the multiple choice questions on this topic.

    Any helpful thoughts would be appreciated.

    I am using Becker.

    #478696
    Anonymous
    Inactive

    I need some feedback folks. How important is knowing material in audit evidence in order to pass the exam. I went through the lecture and homework.

    I have a basic understanding of the transaction cycle however I haven't been able to ace the multiple choice questions on this topic.

    Any helpful thoughts would be appreciated.

    I am using Becker.

    #478670
    Anonymous
    Inactive

    Evidence is a few chapters in the Kaplan study material, but mainly in connection to the transaction cycles. If you understand the transaction cycles I think you should be okay, but I would keep practicing that section if you're good with all the other sections…just in case.

    #478698
    Anonymous
    Inactive

    Evidence is a few chapters in the Kaplan study material, but mainly in connection to the transaction cycles. If you understand the transaction cycles I think you should be okay, but I would keep practicing that section if you're good with all the other sections…just in case.

    #478672
    MrsBing
    Member

    Does anyone know what chapter and/or page in Becker is an example of the Client Rep Letter and also an example of the Engagement Letter?

    What letters/reports do you guys think would be best to try to memorize?

    Becker, Wiley Test Bank, and Ninja 10 Point Combo!

    FAR: 89
    REG: 87
    AUD: 92
    BEC: 75
    Ethics: 90

    Licensed Arizona CPA

    #478700
    MrsBing
    Member

    Does anyone know what chapter and/or page in Becker is an example of the Client Rep Letter and also an example of the Engagement Letter?

    What letters/reports do you guys think would be best to try to memorize?

    Becker, Wiley Test Bank, and Ninja 10 Point Combo!

    FAR: 89
    REG: 87
    AUD: 92
    BEC: 75
    Ethics: 90

    Licensed Arizona CPA

    #478674
    MrsBing
    Member

    I'm not sure I understand this explaination, can someone explain? Why doesn't hte PCAOB format audit reports have section titles? I thought all audit reports have section titles?

    “This answer is correct because while section titles are included in audit reports using the International Auditing and Assurance Standards Board format, they are not included in PCAOB format audit reports.”

    Becker, Wiley Test Bank, and Ninja 10 Point Combo!

    FAR: 89
    REG: 87
    AUD: 92
    BEC: 75
    Ethics: 90

    Licensed Arizona CPA

    #478702
    MrsBing
    Member

    I'm not sure I understand this explaination, can someone explain? Why doesn't hte PCAOB format audit reports have section titles? I thought all audit reports have section titles?

    “This answer is correct because while section titles are included in audit reports using the International Auditing and Assurance Standards Board format, they are not included in PCAOB format audit reports.”

    Becker, Wiley Test Bank, and Ninja 10 Point Combo!

    FAR: 89
    REG: 87
    AUD: 92
    BEC: 75
    Ethics: 90

    Licensed Arizona CPA

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