[jeff]

Welcome to the Q1 2016 CPA Exam Study Group for AUD.

Some BLITZ videos to help your exams: https://www.another71.com/ninja-blitz

[EuroAddict]

@TRYING

reviewing sampling is on my list for this weekend. I would say “D”. I would rule out A and B due to the fact they have “values” in the answer and attributes relate to a “yes or no” type Question.

-----------------------------
BEC - 77, 03/2015 (first try)
FAR - 79, 05/2015 (second try)
REG - 83, 12/2015 (first try)
AUD - 84, 03/2015 (first try)

I got 99 problems but the CPA ain't one.

[Trying to pass]

Q. After the audit documentation completion date, the Auditor

A. May Not delete any audit documentation

B. May Not make changes in audit documentation

C May Not add new information to audit documentation

D. May make changes or deletions to audit documentation providing that the fact that alterations were made is documented

[Spartans92]

@Trying, is it A. You may add new documentations but has to be finalized within a period of time but documentations may not be deleted.

BEC- PASS

[PraiseTheLord]

I think the answer is A. They cannot delete anything after the documentation completion date. They can however add items to the documentation. If they add anything, they need to include the reason for addition, the name of the person making the addition and such.

BEC 79
REG 79
AUD 87
FAR 88

[EuroAddict]

@THE.UNDERDOG

Ninja has just under 1700 Q's for MCQ audit.

@TRYING

WHat is the answer to the sampling Q?

-----------------------------
BEC - 77, 03/2015 (first try)
FAR - 79, 05/2015 (second try)
REG - 83, 12/2015 (first try)
AUD - 84, 03/2015 (first try)

I got 99 problems but the CPA ain't one.

[Trying to pass]

Sorry for being late; they said the answer is “D” its from Wiley CPA excel.

As far as I know after the Audit completion date you cannot delete any thing but you can add some documentations! and my answer is “A”
I don't know what I miss!
Audit is so confusing!

[Trying to pass]

May be they are wrong and we are right 🙂

Jeff can you help please?

[EuroAddict]

@TRYING – you ever give the answer to the sample Q?

-----------------------------
BEC - 77, 03/2015 (first try)
FAR - 79, 05/2015 (second try)
REG - 83, 12/2015 (first try)
AUD - 84, 03/2015 (first try)

I got 99 problems but the CPA ain't one.

[Trying to pass]

@ EuroAddict the answer is “D”

[EuroAddict]

Woohoo! Got it. Does that mean I pass??! lol

-----------------------------
BEC - 77, 03/2015 (first try)
FAR - 79, 05/2015 (second try)
REG - 83, 12/2015 (first try)
AUD - 84, 03/2015 (first try)

I got 99 problems but the CPA ain't one.

[pyacpa49]

@EuroAddict I'm inclined to think wiley has this one wrong. I remember going through this section like last week and I remember it saying that documentation cannot be deleted. I don't remember seeing a question like this where I genuinely felt the answer was wrong when I was going through it though. Was this from their test bank or was it a question included in the actual lesson?

[Trying to pass]

@pyacpa49 it's from the wiley review text book!

[The.Underdog]

When attempting the MCQ for Wiley I have choice to select all questions or only questions I haven't taken yet.
I have been using the questions I haven't taken yet feature but I notice for some topics I have already answered all possible questions, while other topics (reporting) I am only at 14%. Do you all think I just stick to this start or use the ALL questions feature?

FAR - 86
AUD - 93
REG - 8/31/16
BEC -84

[pickanicken]

Question: Just need clarity. My reading material says that when performing an integrated audit that findings get reported to management and those charged with governance. Does this mean that there is a separate report specifically related to internal control? Or is it part of the auditors report on the financials?

REG - 81
BEC - 83
AUD - 86
FAR - 78 (Done!)

[Trying to pass]

@pickanicken,

When an Auditor is doing an Integrated Audit, he/she can issue a combined Report (an Opinion on IC & on FS) or a Separate report on the Co.'s FS and on IC over financial reporting.

[Author]

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