[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

[Candace]

Congratulations to all that passed. I can't even begin to imagine the feeling. I wish I stumbled onto this forum earlier in the year.
I had a lot of pension questions too in Audit when I took the exam but not anywhere in my study materials.
Where can I find study materials on this topic?

REG- 69- Felt discouraged.. took a break.
AUD- 69, 74- The worst feeling ever. Far more painful than a break up.

[Anonymous]

There wasn't any information in Roger about pension audits – or at least not to the extent I saw on the exam. Even the questions I stumbled across in Ninja that sort of related to pensions didn't go into near the information that the exam asked. I just tried to ignore the fact that is was pension specific and use my general audit knowledge to get to an answer I was comfortable with. Who knows if I got them right or maybe they were test-test questions and didn't matter.

I guess the one thing to remember is its hard to know everything that will be tested and as long as you have a grasp of the majority of the information, then a few very specific like that shouldn't stop you from passing.

[mckan514w]

Aw man Dab I'm sorry to read that- you will get it next time and like aa said have a great reason to celebrate on New Years- scott Flemming bummed for you as well. These test really suck

@tman102938- have to echo what allaboard said. Roger really didn't cover it in the materials- there was one chapter that briefly touched on it but read along the lines of “if you are auditing a pension plan consider hiring a pension expert”- like allaboard I just tried to ignore the fact that it was pension and answered them like I would have a normal audit… however I did come home after my exam and google and bookmark the following in case of retest… hope it helps GOOD LUCK

https://www.aicpa.org/InterestAreas/EmployeeBenefitPlanAuditQuality/Resources/PlanAdvisories/DownloadableDocuments/EBPAQC-Plan-Advisory-on-EBP-Financial-Statement-Audits.pdf

and they ask me why I drink...

FAR- 61-next time I'll ask for lube instead of a calculator
REG-75- Never been so happy to see such a low grade
BEC- 8/11
AUD- 9/2

[tman102938]

@allaboard, @mckan514w, and @CPA_Ready I'm glad I'm not crazy for not remembering seeing anything on the topic…@mckan514w thanks for the link I'll have to take a good look at it…Just sucks because I got a 71 and if I had known specifically about pensions I would have most likely passed and been finished with these freaking exams.

BEC:69,79 PASS
FAR:77 PASS
REG: 7/30
AUD:68,64

"If you want something, go get it. Period."

[Kewl Dewd]

I took FAR on Sept. 1 and reviewed my scores today – i received a 54. I'm very disappointed but i know i can pass this thing because the exam wasn't intimidating at all. I self-studied using the Becker CPA Review Exam – any additional pointers, techniques or strategies suggested on this blog would be greatly appreciated.

[Anonymous]

@tman102938 you'll get it the second time. I got a 71 my first try – it's just a warmup:)

I wish we could get results back that showed what exactly we got wrong – for all you know, you guess right on those! But I think a lot of us got hung up on the pension questions and they burned themselves into our memory because they came out of nowhere and it wasn't just one question that could be easily brushed off.

[Theodore]

Worst night of my life since I started studying for these exams. Never felt so nervous to know my score, but I PASSED! Thank you baby jesus!! BEC here I come! Scored strong on all 6 sections of the MCQs, but weak on SIMs. Those SIMs hate me, or I hate them. 79.

Congratulations to everyone who passed! and Let's stay strong Dab, Scott, and everyone else. Keep these Forum going just like we did in Q3. It really does help. Good luck everyone!

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

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

[aatoural]

YAY!! awesome Rosy. Al your 79 tells is “success” lol. Good luck on BEC. Breath and eat COSO and IT!!

BEC - PASSED
AUD - 8/29/16
FAR - TBS
REG - TBS

[Anonymous]

Congrats, @rosy0407!!

There's nothing that wakes me up and gets my nerves stirring more than right before I click “get scores”

[mckan514w]

Woo Hoo Rosy0407! now get on over to the BEC study group I need ya over there 😉

and they ask me why I drink...

FAR- 61-next time I'll ask for lube instead of a calculator
REG-75- Never been so happy to see such a low grade
BEC- 8/11
AUD- 9/2

[Theodore]

@aatoural and allaboard thanks! any tips will help lol God im so happy. This is the one I feared the most.

@mckan514w Yay! Its good to know someone that was engaged in AUD will be there for BEC too!

SO my becker review expired already. I don't want to get it again. Should I just get Ninja MCQ's or the whole material?

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

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

[mckan514w]

@rosy0407- I just don't know what to tell you there. I primarily used Ninja MCQ's the first time around supplemented with Roger's and failed with a 71…. that being said I was actually stunned and beyond devastated that I failed. I felt really well prepared for the exam and honestly have no clue where I was “tripped up”… I actually walked out of the exam thinking I had blown it out of the park… for my retake I bought the Ninja Notes and am concentrating on those and the MCQ's– In my honest opinion BEC has been the biggest crap shoot thus far. The material is all over the place and then the exam I think is kind of luck of the draw on what you get. Wish I could be more helpful.

and they ask me why I drink...

FAR- 61-next time I'll ask for lube instead of a calculator
REG-75- Never been so happy to see such a low grade
BEC- 8/11
AUD- 9/2

[HelloCPA]

Can someone please help clarify the “OTHER THAN..” part of this text below? Thanks!

the auditor must communicate all known and likely misstatements (even immaterial), identified during the audit, OTHER THAN THOSE THE AUDITOR BELIEVES ARE TRIVIAL, to the appropriate level of management on a timely basis.

[aatoural]

Don't you guys wish to take REG again? 🙂 I need company there lol

BEC is very random I agree with mckan, but if you have the Becker book, I would say just read the book, make your notes and get ninja MCQs. I like to listen to lectures but just becuase I like poeple talking to me to retain stuff.

BEC - PASSED
AUD - 8/29/16
FAR - TBS
REG - TBS

[Anonymous]

@rosy0407 at the minimum I'd get ninja notes and MCQ.

Other suggestions I have for spending your money;)

As slightly ridiculous as they are – I did find the new ninja videos to be helpful.
I also found the ninja audio to be useful on my commute – but if you don't have a commute, then it might not be worth it.
I do like roger's video, but there's no way to get just the videos – maybe just the book so you have something that has a little more meat to it compared to the Ninja notes. I found that sometimes the MCQ explanations and notes didn't help me all that much and the book helped fill in some blanks for me. or maybe the Ninja book would do this, too, I've never tried that one.

[Author]

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