Authoritative Literature for Audit Section

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  • #179080
    pspicer84
    Member

    Hello,

    Despite mastering all other simulations, I’m having the hardest time figuring out how to correctly answer the Authoritative Literature questions. I’m studying with Becker Review and they keep giving me the “AU-C” (clarified) as answers even though I can basically find the same answer in the “AU” codification.

    When I take the exam, could I potentially pick the right answer (AU) but get it wrong because I don’t sight the “AU-C” codification? Any help would be great!

    Paul

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  • #427932
    jsmithsae
    Member

    AU-C is the Clarified auditing standards that went into effect July1. Your choice regarding an AUDIT question for non issuers will always be AU-C as AU is no longer valid…at some point in 2014 AU-C will change to AU. Becker explains this pretty well…

    BEC-75!
    AUD-84!
    REG-78!
    FAR-83!
    Ethics-Passed!
    Experience-Got that too

    Used Becker 2013 Self-Study & NINJA 10pt Combo Lite(AUD)

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