[Anonymous]

HELP! I am having problems understanding the research simulations.

I don’t understand the difference between AT and AU-C and the others.

Do you guys know an easier way to understand the standards?

BTW I am using becker

Thank you!

[monikernc]

helpful tips to those working on AUD. https://www.another71.com/cpa-exam-forum/topic/suggestion-for-aud-tester

Links to the standards for nonissuers:

Auditing – use the Clarified, always AU-C
https://www.aicpa.org/research/standards/auditattest/pages/clarifiedsas.aspx

Attestation – always AT – https://www.aicpa.org/Research/Standards/AuditAttest/Pages/SSAE.aspx

Compilation and Review – AR, but Reviews are covered under some other standards, too, so watch out…
https://www.aicpa.org/RESEARCH/STANDARDS/COMPILATIONREVIEW/Pages/compilation%20and%20review%20standards.aspx

Ethics – AICPA Code of Professional Conduct https://pub.aicpa.org/codeofconduct/Ethics.aspx

PCAOB 5 for Issuers – An Audit of Internal Control Over Financial Reporting That Is Integrated with An Audit of Financial Statements – https://pcaobus.org/Standards/Auditing/pages/auditing_standard_5.aspx

and then AICPA makes their Online Professional Library (OPL) available free for 6 months to anyone with an active NTS. some folks on here say it helps them learn more effective searches. you can submit your request here: https://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/HowToPrepare/Pages/literature.aspx

i didn't find the OPL to be helpful. but hey that's just me.

FAR 7/25/15 76!
AUD 10/30/15 93
BEC 2/27/16 82
REG 5/23/16 88!
Ninja Book and MCQ and the forum - all the way!!!
and a little thing i like to call, time and effort!
if you want things to change, you have to do something different

[Anonymous]

Thank you!!!! 😀

[Author]

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