I kept failing audit because of the simulations…
I would score stronger on multiple choice and weaker on the simulations. I used the wiley test bank to study along with the released AICPA questions. I couldn't figure it out because I went through every simulation in the wiley test bank time and time again… that's when I realized the what my biggest problem was…. I was using the wiley simulations to study…
Do I think Wiley is hands down the best software for studying for multiplice choice? Aboslutely. So how to supplement is the next question. That's when I found out about Gleim, for a hundred bucks I bought the Gleim audit simulation wizard software with 100 simulations. As I went through it felt good to see simulations that were similiar to the ones on the test, this is what put me over and allowed me to pass.
Second biggest thing I learned in passing Audit is the “Search Within” tool. I spent so much time scrolling through the AL looking for key words. The biggest thing to remember in using the AL is the less words the better, I wouldn't suggest more then two, and once in the sections type a keyword in and use the ‘Search Within'. It allows you to move through quicker and find exactly what it is they're asking.
Biggest things to pull alway from this is if you're doing stronger in multiplce choice and weaker in sims:
~ Buy the Gleim audit software for $100
~ Be sure to use the ‘Search Within' too… Keep in mind that is different than the “Search” tool.
-Also, don't waste your time in the Gleim simulations looking at the flow chart stuff or internal control symbols… I have never seen one questions in regards to that on Audit… the rest are fairly aplicable…
Good luck…
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