[cpabruh]

So at the end of the month I’ll be taking the audit for the second time. Needless to say I failed my first attempt(First cpa test I took) but I was generally comfortable with the material besides a few topics.

On the test I received a few basic FAR or general accounting questions for the TSB simulations. Honestly, I wasn’t expecting that and I think I lost quite a few points on those questions. My question to you guys is what is the best way to study for the basic accounting questions that will be asked upon the Audit section? I do have the FAR material so is there any specific chapter of the bekker or Wiley review you guys recommend to prepare for this?

Any other suggestions and tips to tackle this part? I know it’s basic accounting questions but I just don’t want to freeze on the exam like last time..

[EuroAddict]

I'm guessing just know the basic concepts of DR/CR. ie: If auditor finds unrecorded liability know what to DR/CR.

I am glad I took FAR before audit. It certainly helps with little things like that.

-----------------------------
BEC - 77, 03/2015 (first try)
FAR - 79, 05/2015 (second try)
REG - 83, 12/2015 (first try)
AUD - 84, 03/2015 (first try)

I got 99 problems but the CPA ain't one.

[rithzz]

I think one of the appendixes sections at the end of the chapter had some pretty good information on adjusting journal entries.

I believe its A4 – Apendix III. I remember reading that page right before the test and it definitely netted me a lot of points.

AUD: 78
BEC: 81
FAR: 73, 85
Reg: 84

[Author]

Replies