AUDIT Simulations

  • Creator
    Topic
  • #172084
    splinter1643
    Member

    I’m working on the Becker and Wiley simulations and I’ve noticed one thing in common about quite a few of their simulations: LONG PARAGRAPHS followed by super short multiple choice questions asking about the narrative. When I read these blocks of words, I just start shutting down-it looks so overwhelming! Anyone have tips for overcoming that? What was your strategy in tackling these kinds of sims?

    CPA license in progress....

Viewing 7 replies - 1 through 7 (of 7 total)
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    Replies
  • #354145
    Anonymous
    Inactive

    My advice is don't worry too much about it. What you're looking at will probably not be on the exam. The only thing you really want to be able to do well on the AUD Sims is use the authoritative literature. I passed my second time around because I thoroughly researched all my sims. Even if you think you know the answer, and it looks like common sense, look it up anyway….

    #354146
    LittleMoe
    Member

    Skip to the end and see what they are asking before reading. It is true that the SIMS will probably not be like what is on the test BUT, to me, it helped to practice them because it got me thinking about the material in a different way than the MCQ. It seemed to help me to know the question first, then go read the mountain of info searching for the answer.

    AUD 4/12/12 79
    FAR 5/29/12 76
    REG 8/2/12 82
    BEC 8/30/12 72 Retake 10/18/12 76!!! DONE!!!!
    ExamMatrix, Wiley Books, NINJA notes and audio
    LICENSED ALABAMA CPA 11/30/12

    #354147
    mooky9
    Participant

    AuditMasters: if new event’s AR risk question has dual answer columns – for CR and DR changes, should DR always changed inversely with CR change, or only if CR change event includes DR change event also?

    BEC 77 (2010)exp. 79 (2012)done!
    FAR 71, 69, 73, 76 (2012)
    REG 63, 72, 82 (2012)
    AUD 66, 60?, 91 (2012)?!!

    Ethics 90% (2012)

    #354148
    Keely
    Member

    For exam purposes, I would think anytime control risk changes, your detection risk is going to change also.

    BEC: (4/2012) 88
    AUD: (5/2012) 91
    REG: (8/2012) 82
    FAR: (1/2013) 78 🙂

    VA CPA #42010

    #354149
    mooky9
    Participant

    thanks keelydare1

    BEC 77 (2010)exp. 79 (2012)done!
    FAR 71, 69, 73, 76 (2012)
    REG 63, 72, 82 (2012)
    AUD 66, 60?, 91 (2012)?!!

    Ethics 90% (2012)

    #354150
    splinter1643
    Member

    @keelydare1 or anyone, really: has anyone used Gleim for auditing? Gleim seems really hard and some of the questions they cover aren't covered by Becker OR Wiley. (If it is, it was probably that one sentence everyone skipped lol.) If you've used Gleim, how did you do on the exam?

    CPA license in progress....

    #354151
    Keely
    Member

    I used the free trial Gleim to do some extra work with the corporate governance section of BEC and also took their diagnostic test and practice exam. The complaint I hear about Gleim is that a lot of their questions are off the wall. I have been using Becker primarily, and I have never been surprised by anything on the two exams I've taken. You just have to read EVERYTHING in the Becker book multiple times. Then it will start to sink in. It's quality, not quantity.

    Also, I found the lectures in the Gleim free trial to be so boring I could not even pay attention for five minutes.

    BEC: (4/2012) 88
    AUD: (5/2012) 91
    REG: (8/2012) 82
    FAR: (1/2013) 78 🙂

    VA CPA #42010

Viewing 7 replies - 1 through 7 (of 7 total)
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