Audit Changes – Help

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  • #178440
    testtaker12
    Member

    I took audit at the end of may and got a 73… I used the Wiley text to prepare and the wiley test bank. I am taking audit again in July and have been going heavily over the MCQ’s and the simulations (which did me in last time). I did not get any updated clarity project text assuming that studying the updated MCQ’s will be sufficient enough. However I did study the summary of differences provided by the AICPA. I also bought the updated NINJA notes that include the clarity updates to supplmeent with the change. I’m confused on a few things and was hoping you guys could help me out.

    1.) Is the new unmodified/modified terminology only for non-isusers???? Do issuer reports remain the same (3 paragraphs)? I’ve heard conflicting reports on this.

    2.) Group Auditing – Could someone throw me some detail on the changes.

    3.) I know these are the two major changes but is there anything BIG that has changed I should really go hard at.

    4.) Will I ever pass… (kidding)

    -Thanks for your help in advance…

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