AUD Study Group Q2 2015 - Page 20

  • Creator
    Topic
  • March 5, 2015 at 8:09 pm #192520
    jeff
    Keymaster

    Welcome to the Q2 2015 CPA Exam Study Group for AUD.

    World Premier: “Unmodified” (Audit Reports Rap Video) 🙂

    Posted by Another71 on Thursday, November 13, 2014

    Free NINJA: https://www.another71.com/cpa-exam-study-plan/

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

Viewing 15 replies - 286 through 300 (of 1,631 total)
1 2 3 … 19 20 21 … 107 108 109
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  • March 16, 2015 at 2:56 pm #668632
    Martin
    Participant

    trish_1234, I was covering IC yesterday. As soon as I find some tricky questions, I will post them here.

    Through God all things can happen!

    “You never fail until you stop trying.”
    ― Albert Einstein
    When I was young, I used to admire intelligent people;as I grow older, I admire kind people.
    “Just keep swimming, just keep swimming.”

    FAR= 72-84
    Audit= 73-82
    BEC= 74-75
    Reg=77

    March 16, 2015 at 3:12 pm #668633
    jasbeerch
    Member

    @ Martin:

    I was in Q1 and i missed with 5 points last time.

    I know you also missed with couple of points.

    How are you preparing for retake of AUD?

    Whats your plan of action?

    Are you watching lectures or just working on MCQ's

    March 16, 2015 at 3:24 pm #668634
    trish_1234
    Member

    im doing sims on ninja

    I cant see the question for LA, so weird.

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    March 16, 2015 at 3:25 pm #668635
    jasbeerch
    Member

    @trish

    is this first attempt for AUD?

    March 16, 2015 at 3:26 pm #668636
    ladybossxo
    Participant

    Happy Monday Trish!! You are going to love NINJA.

    CPA Exams Done.

    March 16, 2015 at 3:31 pm #668637
    trish_1234
    Member

    NM there was none was there for convenience

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    March 16, 2015 at 3:33 pm #668638
    trish_1234
    Member

    @ jasbeerch no 2nd failed with 69 strong mcq weak sims totally failed sims

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    March 16, 2015 at 3:34 pm #668639
    trish_1234
    Member

    @ lady 55% on first sims on ninja holy cow! I knew the concept didnt understand the questions.

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    March 16, 2015 at 3:47 pm #668640
    Martin
    Participant

    jasbeerch, I failed with a 72,but I thought I was going to get at least 80% right. I read somewhere that every quarter they curve the grade either up or down, I think they curved it down this last quarter. Too many people got 75 of above, so they failed the ones who barely made it. My score report says weak on IC and evaluation and reporting, comparable and stronger on the rest. So Im covering those two and a simulations. My average before the exam was 85 on Wiley test bank, and 85 on Becker, I did not do enough simulations. My average with ninja was 74.

    Through God all things can happen!

    “You never fail until you stop trying.”
    ― Albert Einstein
    When I was young, I used to admire intelligent people;as I grow older, I admire kind people.
    “Just keep swimming, just keep swimming.”

    FAR= 72-84
    Audit= 73-82
    BEC= 74-75
    Reg=77

    March 16, 2015 at 3:53 pm #668641
    jasbeerch
    Member

    martin,trish

    I did the same mistake…didn't do enough SIMS.

    So, just revising the material and doing mcq's (ninja only)

    Gonna do all the sims in NINJA & Wiley text book.

    Will that be sufficient?

    Plz suggest

    March 16, 2015 at 3:55 pm #668642
    ladybossxo
    Participant

    To satisfy the valuation assertion when auditing an investment accounted for by the equity method, an auditor most likely would:

    a. Review the broker's advice or canceled check for the investment's acquisition.

    b. Inspect the stock certificates evidencing the investment.

    c. Obtain market quotations from financial newspapers or periodicals.

    d. Examine the audited financial statements of the investee company.

    CPA Exams Done.

    March 16, 2015 at 3:56 pm #668643
    ladybossxo
    Participant

    @Jasbeerch: I think that's more than enough. For MCQ, I am using Becker and NINJA. For SIMS, I am using Becker, NINJA and Wiley.

    CPA Exams Done.

    March 16, 2015 at 3:58 pm #668644
    trish_1234
    Member

    Jasbeerch, That is what I am doing too ( gleim and Ninja) ! This exam is tricky, the sims are designed in such a way that (although studying is key to passing) luck also plays a solid part on a passing grade. From what I read in this forum, banging out MCQ and SIMs is the best way to go about preparing.

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

    March 16, 2015 at 4:01 pm #668645
    ladybossxo
    Participant

    @Trish: It is ok to get a 55% on our homework, as long as we don't make the same mistakes when it comes to our exams! 🙂

    CPA Exams Done.

    March 16, 2015 at 4:02 pm #668646
    trish_1234
    Member

    D 🙂

    AUD 69, 92 7/15 Gleim and Ninja test bank
    FAR sometime in 10/15 Gleim
    BEC not taken
    REG not taken

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