[jeff]

Welcome to the Q2 2016 CPA Exam Study Group for AUD.

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

[Andrew T]

I will be retaking AUD 7/16 and my ninja mcq for AUD expires on 7/1. I went through all the ninja mcqs in my first attempt at the exam and I've been working them again while re-reading the Becker book. Should I renew for the 2 weeks or so before the exam or would just using Becker mcq be good enough?

FAR (2/29/16) - 84
AUD (5/9/16) - 68; (7/16/16) - 90
BEC (6/10/16) - 80
REG (9/8/16)

[Theodore]

Thanks guys. @Andrew I didn't feel to confident with Becker MCQ. It felt like majority of the time they were restating the right and Wrong answers. I just purchased Ninja MCQ. Hopefully they explanations are better than becker

FAR: 66, 76!
REG: 76!
AUD: 72, 9/7/2016
BEC: TBA

Don't Stop When You Are Tired, Stop When You Are Done.

[Anonymous]

HELP PLEASE!

I'm scheduled to take FAR on 8/1. Should I stop studying for FAR and go back to AUD, or just keep at it with FAR and do AUD right after?!?

[Anonymous]

I'm about one week into studying for FAR

[PACPA2016]

Just found out I failed Audit with a 71…. any advice as to how long to spend studying before I retake it again? Thinking about rescheduling for July 2 but can't decide if that's too soon or not

[Theodore]

@KING I would stick to AUD since it's still fresh (per the advice that was given to me on here)


@PACPA2016 when I failed FAR I took the same amount of time to study to retake it. some people take a lot less, depending on how you learn and how quickly you learn. I know I am going go take at least a month.

FAR: 66, 76!
REG: 76!
AUD: 72, 9/7/2016
BEC: TBA

Don't Stop When You Are Tired, Stop When You Are Done.

[Anonymous]

@king,

Stick with Audit since you are only one week into FAR.

[Anonymous]

Thanks @Rosy and @bwts!! I just rescheduled FAR for September

[cdn]

I am also not sure what should I do. Since I failed 3 times AUD, I went for BEC but also failed. I think I will go back to AUD and study again. Mine brain got some break when studying for BEC so I think should be fine now? What are your thoughts?

AUD 57, 65, 73
BEC 55
REG 81
FAR TBD

[Blue.auditor]

Hi,

I am spending a lot of time doing MCQs & Simulations regarding ratios.
Any tips on how to solve them faster?
Does the actual exam have many of those?

FAR 90 - 11/16/2015
BEC 81 - 2/14/2016
REG 87 - 5/23/2016
AUD - 8/8/2016

[PACPA2016]

Has anyone retaken audit with a score of around a 71? What was the general timeline you used before you retook your exam?

[Theodore]

I just purchased Ninja MCQ and I love them so far! great explanations!!

@blue.auditor study, study study ratios and adjusting entries


@PACPA2016 Im taking a month and a half to re-study

FAR: 66, 76!
REG: 76!
AUD: 72, 9/7/2016
BEC: TBA

Don't Stop When You Are Tired, Stop When You Are Done.

[Anonymous]

Need a little help with this SIM response.. You are supposed to select the audit procedure to go with the corresponding.

The auditor obtained the company's aging of accounts receivable and independently created the aging of certain accounts. (answer is reperformance)

I chose recalculation as the type of audit procedure but was wrong. Why?

[marqzho]

KING

it is two different things.

Recalculation is like this: you see this in the aging
1+2+3+4+5 = 17
you do a recalculation
1+2+3+4+5 = 18 <- so you know there is an error

Reperformance is like this, you see this in the aging
1+2+3+4+5 = 18
you then look at some other data, maybe invoices or AR ledger, to ” independently created the aging of certain accounts”
end up you have 1+2+3+3+3 = 12 <- then you know there is an error

REG 90
FAR 95
AUD 98
BEC 84

[Anonymous]

Thanks @marqzho

[Author]

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