Auditing with technology & Audit Sampling?

  • Creator
    Topic
  • January 22, 2015 at 11:19 pm #191575
    Icannotgiveup
    Participant

    Based on your experience:

    Are they worth studying?

    How much time should be devoted to these areas?

    Are there any important concepts that should be covered with regard to these areas?

    Thanks!

    A - 2/2/15 - 76: PASSED
    B - 7/20/15 - 74, 73
    R - 7/24/15 - patiently waiting for 8/25 score release
    F - sometime in October

Viewing 7 replies - 1 through 7 (of 7 total)
  • Author
    Replies
  • January 22, 2015 at 11:47 pm #643115
    Anonymous
    Inactive

    Those chapters in the Wiley book are tiny. I covered both of those chapters in 1 study session. If you are pressed for time I would just focus on the basics of those chapters.

    January 23, 2015 at 12:27 am #643116
    ruggercpa2b
    Participant

    I would study them because anything is fair game. Just because it was not on my exam does not mean it wont be on yours. Sampling you run the risk of possibly running into a SIM on sampling. And that could be the difference between a passing score and a failing score. Some people do get lucky and go in to the exam and they don't get tested on any of the areas that they barely studied.

    AUD - 73, 72 retake 7/2/2016
    BEC - 8/20/2016
    REG - TBD
    FAR - TBD

    I am so ready for this nightmare to be over. Been at this way too long.

    January 23, 2015 at 2:35 am #643117
    Icannotgiveup
    Participant

    Thanks y'all. I'm going to read the text, do the questions, making note of and reviewing the ones I got wrong.. The chapters are short and everything is fair game.

    A - 2/2/15 - 76: PASSED
    B - 7/20/15 - 74, 73
    R - 7/24/15 - patiently waiting for 8/25 score release
    F - sometime in October

    January 23, 2015 at 2:54 am #643118
    Martin
    Participant

    If you dont have much time to waste, I will go for sampling. Like Rugger mentioned, you might get a simulation on sampling cause there is enough info there for a simulation.

    Through God all things can happen!

    “You never fail until you stop trying.”
    ― Albert Einstein
    When I was young, I used to admire intelligent people;as I grow older, I admire kind people.
    “Just keep swimming, just keep swimming.”

    FAR= 72-84
    Audit= 73-82
    BEC= 74-75
    Reg=77

    January 23, 2015 at 3:39 am #643119
    Anonymous
    Inactive

    Agree with @Martin. The IT section doesn't cover much stuff that isn't already covered in BEC. If you have to pick one pick sampling. @Ruggercpa2b, getting a sampling sim on the exam would really be bad luck!

    January 23, 2015 at 3:42 am #643120
    Anonymous
    Inactive

    By coming to the forum to sample the members thoughts on the importance of audit sampling, you run the sampling risk that the responses of the forum members will not accurately represent the population of the exam.

    🙂

    January 24, 2015 at 12:09 pm #643121
    Icannotgiveup
    Participant

    Thanks for all the help folks. lol @ ARCPA2B really neat.

    A - 2/2/15 - 76: PASSED
    B - 7/20/15 - 74, 73
    R - 7/24/15 - patiently waiting for 8/25 score release
    F - sometime in October

  • Author
    Replies
Viewing 7 replies - 1 through 7 (of 7 total)
  • The topic ‘Auditing with technology & Audit Sampling?’ is closed to new replies.