Audit – any calculation questions?

This topic has 2 replies, 3 voices, and was last updated 6 years, 3 months ago by Biff Tannen.

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February 10, 2019 at 5:22 pm #2210188

Jennica
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Next up for me is the Audit exam. Does AUD have any calculation questions, or is it all conceptual? Thanks.

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February 10, 2019 at 7:37 pm #2210332

terribletwenties
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I would definitely make sure you know how to calculate materiality and how to do the calculations regarding sampling. I didn't get any questions around it but basic ratios are free game.

February 11, 2019 at 5:24 pm #2211877

Biff Tannen
Participant

MCQ's are 99% conceptual – but the simulations are an entirely different animal. Be ready to make calculations. The sims are easier than FAR sims, but its still no cake walk.
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