[jeff]

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/

[CPA2B_NJ]

I just finished A1 and I have no idea of what I learned. How can the information be absorbed? I have no prior audit experience. Tips anyone? (other than repetition)

FAR - 50, 78
BEC - 67, 72, 75
AUD - 72, 80
REG - 70, 85

To God be the glory! Forever, amen!

NJ License

[CPA2B_NJ]

Any expired Becker users depending on NINJA MCQs? I'd like to know how to divide the NINJA categories by Becker chapters.

FAR - 50, 78
BEC - 67, 72, 75
AUD - 72, 80
REG - 70, 85

To God be the glory! Forever, amen!

NJ License

[Anonymous]

CPA2B

In Becker there is a chart on A1-44, I second Becker's advice and suggest rewriting to memorize that chart.

[CPA2B_NJ]

@CFOnotCPA – Thanks for the tip.

FAR - 50, 78
BEC - 67, 72, 75
AUD - 72, 80
REG - 70, 85

To God be the glory! Forever, amen!

NJ License

[oceansister]

@CPA2B_NJ – how did you increase your score from 50 to 78 in FAR? Would you please share ? Thank you 🙂

[Martin]

Which of the following factors most likely would heighten an auditor's concern about the risk of fraudulent financial reporting?

A.

Large amounts of liquid assets that are easily convertible into cash

B.

Low growth and profitability as compared to other entity's in the same industry

C.

Financial management's participation in the initial selection of accounting principles

D.

An overly complex organizational structure involving unusual lines of authority

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

[WANNABE_CPA]

Hello everyone, i am joining you for a second attempt at audit after getting a score of 69 attempted in January. How is it going? I am starting today and will be taking it in April.

FAR : 68, 74, 83 Thank you God 🙂
BEC : 78 (8/27) 🙂
REG : 72 ,80 (2/25) 🙂
AUD : 69,67, 07/23

[oceansister]

At Martin- is it D?

[Martin]

D.

An overly complex organizational structure involving unusual lines of authority

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

[ladybossxo]

Which of the following statements is correct regarding an independent auditor's reliance on a client's internal audit staff?

A.

An independent auditor should not reduce the amount of audit testing based on the work of internal auditors.

B.

An independent auditor should assess the organizational status of the director of internal audit.

C.

An internal auditor should provide direct assistance to the independent auditor during preparation of audit workpapers.

D.

An independent auditor should use internal audit workpapers when available.

CPA Exams Done.

[Anonymous]

B?

Disclaimer: I've only been studying two days

[ladybossxo]

That's correct!!

CPA Exams Done.

[Anonymous]

Yea!

[excel monkey]

Good Job! I was originally going to say A, but then I remembered that there are times when an external auditor can rely on the work of the internal auditors. So I switched to B because I knew the other two were wrong as well.

FAR - 91
AUD - 88
BEC - 86
REG - 79

[Anonymous]

It's after midnight and I'm working mcq's…..I'm so ready to be done with this exam and reclaim my life.

[Author]

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