Audit-what was/is your weakest area

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    Topic
  • #163196
    Anonymous
    Inactive

    For people who didn’t pass audit which area was your weakest? For those who are studying which topics are you having the most difficulty with?

Viewing 15 replies - 1 through 15 (of 20 total)
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  • #312355
    rubie145
    Member

    risk assessment is killing my nerves!!! I have a week left so im sure ill study them until im saying it in my sleep but this is the only area really were I struggle everything else I think i kno or can fine tune to get my confidence up more!!

    REG 10/01/2011- failed retake hopefully May 2012
    AUD 11/30/2011- failed retake 1/9/2012
    BEC 2/25/2012 -
    FAR-TBD

    #312356
    Anonymous
    Inactive

    GAGAS, any kind of governmental accounting makes me sick, same thing with financial, so weak in NFP and governmental.

    #312357
    rubie145
    Member

    @atelery

    what is ur issue with GAGAS its pretty standard like a normal audit just some added procedures to be performed or looked at.

    REG 10/01/2011- failed retake hopefully May 2012
    AUD 11/30/2011- failed retake 1/9/2012
    BEC 2/25/2012 -
    FAR-TBD

    #312358
    Anonymous
    Inactive

    I am just starting so I don't have an opinion yet. But I will let you know when I find my most difficult section. 🙂

    #312359
    Minimorty
    Participant

    All of it. Hated audit.

    #312360
    Anonymous
    Inactive

    I passed, but one particular thing that stands out in my mind are the flowcharts. I didn't quite understand it in college, and I didn't quite understand it while studying for the CPA exams.

    #312361
    Anonymous
    Inactive

    You want to hear something weird about flowcharts. I am using Schweser for the CPA and I have already did all of the flowchart questions even though I haven't received the book in the mail. I got a 100% on them the first time through. Suprised the dickens out of me! 🙂

    #312362
    jenuno01
    Member

    Probably REPORTS!! I am in Internal Audit…so all the reports are completely foreign to me! Everything else is complicated, but I can eventually make sense of it.

    Class of 2012

    #312363
    Anonymous
    Inactive

    @10allie05

    That's great!

    #312364
    Youngbizman
    Member

    I passed but I hated GAGAS as well.

    #312365
    MyLifeisCPA
    Member

    Audit Sampling and GAGAS

    BEC-Passed
    AUD-Passed
    REG-Passed
    FAR-Passed (I AM DONE!!! THANK U LORD!!!!)
    Licensed Texas CPA - 10/2012

    #312366
    Anonymous
    Inactive

    i actually agree with Mini, hate ALL of it 😛

    @rubie145,

    I don't know either, I thought I get it, the big thing is the single audit and the compliance with laws and reg. but when it comes to the Becker questions, I don't know, every answer seems right to me 🙁 I don't know if I will ever get GAGAS.

    #312367
    misanthrope87
    Participant

    The ratios. And the attestation stuff for reports.

    B 2/12 87
    A 11/11 90
    R 8/11 86
    F 5/12 88

    #312368

    c'mon guys, audit isnt too bad

    the worst and most difficult section has got to be audit evidence and GAGAS. I think I'm like most people and dont want to really focus on A5

    BEC- 80
    REG- 68, 71, July
    AUD- 61 , 84
    FAR- -- 75 🙂

    #312369
    misanthrope87
    Participant

    @goodluck

    But it's not very detailed.

    B 2/12 87
    A 11/11 90
    R 8/11 86
    F 5/12 88

Viewing 15 replies - 1 through 15 (of 20 total)
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