[jeff]

Trying something new …

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[teeteenounouche]

I started writing my own notes from the Ninja notes last night. I hope to be done tomorrow night. I am spending all Saturday reviewing both sets of notes and taking MC questions from CPA Excel and CPA Review for Free.

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[omw2cpa]

@Sonyafm and @teeteenounouche

Do you find the NINJA notes to be useful? I go through the MCQ in Becker and I wrote down the concepts if I go them incorrect. Do the NINJA notes, clarify things?

[teeteenounouche]

@omw2cpa The Ninja notes are very to the point (no fluff). I just starting using them this week so I have limited experience with them. So far I like that all of the important details for the test are in one document. I read them at home and during my lunch hour at work on my android. I've already read the materials from CPA Excel so now I am just trying to make sure the information sticks. Re-writing the Ninja notes is the stragey suggested by Jeff so that you are actively engaged with the material. I think it is a good idea to use supplemental notes from a source other than your review material becuase they are written in a differnet way or format which will spark your memory and recall.

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[Sonyafm]

@omw2cpa Yes the Ninja notes are very helpful to understand the important concept. I agree with teeteenounouche the Ninja notes get to point. The Ninja notes are the notes that probably I will take if I wrote my own notes from Becker. I have to say that I still use the accronems I learnt from Becker, for some reason they are stuck in my head. I read Becker too to suplement Ninja too specially those subject where I don't get above 75 on the MCQs.

[omw2cpa]

@teeteenounouche & @Sonyafm thank you for your input, I think I will need to get them. A4 especially transaction cycles are still confusing me. I also have to study for BEC and I need to just focus on MCQ and the notes. I have my test back to back 10/2 and 10/3 I don't want to waste any time with the lectures.

btw, have any of you taken BEC? What are your thoughts? I know this is the AUD section, I am just curious since I am taking them back to back.

[Sonyafm]

omw2cpa…I also recommend to get the audio for AUD from NINJA, since supplement it since I know the videos from Becker take too long. They are good but it take a long time and I see you don't have that time. Then I highly recommend Ninja audio, I listen to them when I am in the car, when I run and even when I am doing some brainless work at the office. Plus i don't get tired listening to Jeff's voice.

S

[teeteenounouche]

@omw2cpa This is my first section – retake in Oct. I am planning on taking BEC in Jan 2013 because I want to focus on one test at a time. I did however get the Ninja notes for both AUD and BEC. There is a special in September (buy one get one free).

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[Tootsie]

So I've read 6 pages of “Audit Procedures and Transaction Cycles”, have written notes, and am about to go nuts. This stuff is horrible to study, so boring and complicated! I hope I get this stuff down soon.

FAR - 76
AUD - 88!!! DONE!!!!!!!!
BEC - 76
REG - 77

never, never, never give up

[Shay]

Finished A5. It was more understandable than others. Tomorrow will start A6.

[gaboo1724]

Does anyone know how simulations are graded? They each have a few parts to them so do you get partial credit or once you missing a single thing on it the whole thing is wrong?

[thistooshallpass]

@gaboo, absolutely partial credit on SIMS. I'd hate to think if it were the opposite. I have also heard the suggestion that if you don't know an answer that requires a dollar amount, put in zero versus blank.

AUD 85 (2/12) Using Becker
FAR 81 (5/12)
BEC 79 (7/13)
REG 85 (10/1)

"It's not the mountain we conquer, but ourselves."

[Anonymous]

I'm a new guy with a question.

About the audit research tab: I'm just beginning to study Becker's audit textbook. The FAR text gave a very detailed explanation of how to use the ASC for the FASB stuff, but the audit text has no similar explanation for the auditing standards. Is it more-or-less obvious once one starts actually looking things up?

Thanks!

[MonsterRedBullPassCPA]

Which part of Ninja Audio focuses in on TransactionCycles, if anyone knows…

FAR 90
BEC 87
REG 82
AUD 2/14/13

[Heidi-O]

@CheeseDog Go to the simulation and try it out! Even if you haven't studied that far yet, you can't hurt anything by hunting around and you you can always delete the test results. It's a little different than the FAR in that you have to choose which area (AU, PCAOB, AS, etc) to get the information to research.

As a side note, if you go to https://www.aicpa.org/INTERESTAREAS/ACCOUNTINGEDUCATION/MEMBERSHIP/Pages/default.aspx They will let you have a 6 month free access to the AICPA Audit and Accounting literature as well as FASB Codification if you are a CPA candidate. It takes about 3 days for them to verify who you are and that you have registered, but I have found it helpful – especially for researching questions. The research area on Becker is ok, but I spent a little bit of time learning the different sections (on the AICPA site) which was very helpful when I took the FAR exam. I also take the Becker Research questions and try to find them on the AICPA research site.

I'm happy to see this study group! I am a little intimidated by Auditing as it seems to be a lot of memorization. I do better with “why” something is, than being told “it just is”. I guess I tap into my inner 3 year old when I study. Is anyone using the flash cards and do they find that they help? I take notes as well, and I am taking A LOT of notes for just A1 and A2 – actually, the note taking is taking up a lot of my time. For those of you that are taking notes, are you doing only the highlighted material or are you note taking some of the additional information? (Not rewriting the textbook, I assume).

AND, do you find it easier to view the lecture on a section, then do the MCQs – or do you view the entire chapter and then do the MCQs?

Thanks for any help that you can give!!

FAR Aug 2012 79
AUD Oct 2012 84
REG Aug 2013 87
BEC Jan 2013 80

[Anonymous]

Heidi-O: Thanks very much for that link; I'll definitely sign up for it.

As for studying for AUD, I'm convinced that success in this section involves doing exactly what you don't want to do–heavy memorization. And not just sorta memorization, but memorization of the exact, precise wording and order of most of the tiny details they throw at us. I hate that approach, too, because it's *painful* and so mindless. But that's pretty much how I remember my auditing courses in school. Anyway, I am using note cards because they're helpful at banging away at the purely rote aspects of this. Then I amend the cards when I get a question wrong (which means I do a lot of amending.) If there's a way to pass AUD without serious memorization, I guess we'd both love to hear about it.

[Author]

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