[Wannafree]

In Dec 2016 I got 70 in AUD and wondering what should I do next as I was almost puked reading Becker’s and Roger’s etc.I subscribed Ninja AUD again and started the test ( 30 questions ) and was paying attention to references in answers.So let us say it was referring AUC 300 or AR-C 80 or 90 I used to read that standards after the test.I have read it and summarized the AU ,AR and AT standards.Next day reading my own notes and kept doing the Ninja test .Questions were duplicates but my score on Ninja was not going beyond 80 rather it was constantly 80 and I understood not getting benefits of Ninja anymore so came back to Becker’s HW.
Latter when I used to see a MCQ ,first thing used to pop up in my mind was relevant AU/AR/AT standards.For SIMs I did some practice from Becker’s as I didn’t like the long SIMs of Ninja which I regret because in exam the long SIM were similar to Ninja and I did just 4 SIMs due to my poor time management.
I was confident about MCQ but very disappointed with my SIMs performance , in fact I was sure about FAIL because I had some doubts on SIMs. I passed even though I was expecting fail but I was very sure about my 60 marks in MCQ hence thought to share my perspective.I did lot of things for SIMs too but don’t have moral right to preach SIMs because I didn’t ace SIM in exam whatever was the excuse.
Hope it will help someone.

[SiXiam]

Please elaborate on this “I have read it and summarized the AU ,AR and AT standards”.

BEC: 80
REG: 75
FAR: __, ?/2016

[Wannafree]

Basically noting down the finer points from standards .I am pasting the sample notes from two standards.I hope it will clarify.
AU 550 Other Information
Material Inconsistency
Add an expl paragrap
Withholding use of audit report
Withdrawing from engagement
If other information is incorrect, the client should be notified

AU 551 Other Information Accompanying Basic F/S

The auditor's report should state
A.The examination was made for the purpose of forming an opinion on the F/S as a whole
B.Identify the accompanying information
c.State that the accomp info is presented for analytical purposes
DInclude an opinion on the accomp info
If adverse or disclaimer is given on the F/S, no opinion should be expressed on accomp info

[StudyNowCPA]

How long did you study for the retake?

[Wannafree]

3 weeks ,around 25 hours each week including weekend.

[NeedsA75]

I probably over studied, but I was studying for a 99 and not a 75…I studied about 10 weeks ~20 hours on average each week

[Author]

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