[jeff]

Welcome to the Q4 2016 CPA Exam Study Group for AUD.

If this is your first post in the study group – please post your target exam date (just the time frame to preserve your anonymity), and your past history with this exam (optional, of course).

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

[Sticky Nicky]

Michael,,this is what Ive been hearing all over across all sections,,,I experienced the same thing with BEC,,,nothing like the MCQs in any material not just Ninja,,,making me a little nervous now

[Sticky Nicky]

I feel like they are making the test harder already so you have to take the new version,,,i have several friends who said that most materials covered the questions on the actual yet this hasnt been the case the past 2 windows

[GiniC]

I took REG in Q3 and BEC in Q4, prepped with Becker only and felt very confident coming out of REG. I went in feeling I hadn't studied enough for BEC, but came out thinking I just might have passed (won't know until Friday).

[GiniC]

@nk522

This is a TRANSFER – moving money from one account to another. In options a, c, and d the money left one account and got into the other during the same year on the company's books. In option B, the money came in and out in different years according to the books. What the bank shows is irrelevant, it's a distractor.

Say you borrowed money to pay for specific equipment right at the end of the year. You received the check from the bank the morning of 12/31 and entered it in your books immediately, then told Jane Bookkeeper to prepare a check and send Joe Digger to go pick up the new backhoe that afternoon – but Jane couldn't find the CFO to sign the check that afternoon, so she didn't complete the transaction until after the holiday weekend. So now your books show cash on hand that was committed and supposed to have gone right back out again but didn't.

[pharaoh]

@nk522 – Look at the books Records and think as of 12/31, if disbursement recorded on 1/4, it means that they had the money in Bank A on 12/31.
In the same time, they recorded receipt in Bank B for the same money on 12/31 (even though it was really transferred on 1/5). So as of 12/31 they are showing the same amount of money in 2 different bank accounts

FAR 8/2016
AUD 1/2017
REG TBD
BEC TBD

[pharaoh]

I hope people who passed AUD recently (or hopefully passing this Friday) to tell us what material they used, their way of studying and if they used Ninja MCQ, did it help them in the prep?

FAR 8/2016
AUD 1/2017
REG TBD
BEC TBD

[Sticky Nicky]

gettin nervous,,,been reading Roger thoroughly

[GiniC]

@Sticky Nicky – Don't psych yourself out, too much nervousness can make you blow it! Take a breath – YOU CAN DO THIS! You are ready ahead of time, you just need to keep the material fresh in your mind!

You have six days left – five to run through practice question sets and collect the things you'll want to review on the last day, and that last day to bring it all together.

You've got this!

[barfmode]

If I'm getting 80-90% on Rogers MCQ, and 60-70% on NINJA MCQ, should I be worried?

The area I need most help on is Internal Control. Any thoughts based on experience would be appreciated

[Andria – Another71]

Please remember that you cannot disclose the nature or content of your exam. Jeff has useful tips and reminders here: https://www.another71.com/cpa-exam-forum/topic/cpa-exam-forum-faqs-and-help-center/

HiYa!

[Forem004]

Why do ninja notes still reference omb 133? I thought the uniform guidance had been out long enough to take the place of 133 on the exam.

[GitRDone2017]

@StickyNicky, I am taking my exam on the ninth too!!! We got this!!!

"Confidence is going after Moby Dick in a rowboat and taking tartar sauce with you" - Zig Ziglar
Ninja book + Ninja MCQ + Roger
AUD Oct 2016
FAR Nov 2016
BEC ?
REG?

[Forem004]

Good luck guys! Prayers for me today. I find out about BEC tonight!

[GitRDone2017]

@Forem004, good luck to you!

"Confidence is going after Moby Dick in a rowboat and taking tartar sauce with you" - Zig Ziglar
Ninja book + Ninja MCQ + Roger
AUD Oct 2016
FAR Nov 2016
BEC ?
REG?

[GiniC]

@Forem004 Me too, took BEC October 3rd – a long wait!!!

You should check out November 4th Score Release Party on the main page. Lots of us commiserating there while we wait!

[Author]

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