[SusanStudies]

I’m curious what topic(s) candidates seem to find the most challenging in the AUD section. I’m in the middle of the Evidence (Wiley) and it seems like a lot of material. So far, for me, this is going to be tough. I see where tricky questions can be asked.

Also, how well do we need to ‘know’ the AUD standards?

AUD: 07/11/11 - Passed
BEC: 08/27/11 - Passed
FAR: 01/17/12 - Passed
REG: 04/30/12; Re-take 7/16/12 - Passed

FINISHED!!!!!!!!

[kb24]

There were a few areas that I had trouble with. Once I finally was able to remember which assertions were related to which accounts or disclosures (and that took a while), I still had trouble identifying which was the “best” test for that assertion. When practicing MCQ, it seemed like I was constantly picking the answer with a test that would work but that wouldn't be a good a test as the one in the correct answer. I also had a mental block about reviews. They weren't that difficult, but I kept messing up on some of the details in the MCQ. Finally, I had trouble understanding some of the details about sampling. I read Becker and Wiley twice but kept glazing over. I ended up having to read my old auditing textbook before I understood enough to do the practice questions. The only way I got these topics straight in my head was by doing lots and lots of MCQ.

I memorized the standards. I don't know that you have to do that, but you should know them very well.

FAR 4/1/11 - 89
AUD 4/15/11 - 85
REG 4/29/11 - 80
BEC 5/13/11 - 85

[Account Ant]

Totally agee with KB24. Matching relevant assertion is very hard. And I had serious problem with internal control too. Especially questions like identify internal control deficiency with solution. I studied with Wiley, and those kind of question always got me.

By the way, KB24, are you still waiting for your score? I took audit yesterday. I really hate all this waitng.

FAR 70,89
REG November 2014
BEC Didn't even look at it.
AUD 83

[kb24]

Waiting for all my scores. I'm going to go nuts if I have one more person ask me if I've gotten them yet. No matter how many times I explain that it's not a percentage, they keep asking “but it's all in the computer — why can't they just tell you your score as soon as you finish the test?” AARRGH!!!!!

FAR 4/1/11 - 89
AUD 4/15/11 - 85
REG 4/29/11 - 80
BEC 5/13/11 - 85

[Account Ant]

My apologize ^_^;;;;;;;;

Hope you pass all!!

FAR 70,89
REG November 2014
BEC Didn't even look at it.
AUD 83

[kandisjoy]

Sampling, for sure.

Took my test May 29th. Now waiting on two scores… if I pass both, I'm done. If I don't pass them, I'm going to crawl to a corner, roll myself into a ball, and cry for an hour. Then I'll start studying again. God I hope that I passed. I felt so good about both of these tests, but I know that there's always a chance that I failed.

FAR: 71, 77
BEC: 70, 82
AUD: 62, 78
REG: 71, 68, 85

CA Licensed 11/2011

[kb24]

@AccountAnt

Didn't mean to imply I was annoyed at you for asking if I'd gotten my score yet. Rather, it's people like some friends of mine. I've told them a dozen times that I won't find out anything till late June, but they keep asking me why they can't just go ahead and give me my scores.

FAR 4/1/11 - 89
AUD 4/15/11 - 85
REG 4/29/11 - 80
BEC 5/13/11 - 85

[ak311]

Sampling and understanding the various internal control processes (basically Becker chapter 4) I thought was for sure the toughest. I should have taken a week and a half on that chapter.

FAR - F (2011), 5/16
AUD - F(2011)
BEC -
REG -

2nd attempt at this thing. Time to get serious.

[SusanStudies]

@kb and Ant – I think we are in the same boat as far as the tough parts. IC is not easy. However, I find it a little easier because over the years I have developed IC for companies I've worked at. Also, I've been through audits so I have an understanding of what is desired IC.

The assertions and the specific procedures are killing me though. I think I will have to spend more time on these than planned.

@kandis & ak – I remember sampling was a tough topic for me when I took my last audit course in college. I foresee I will be asking many questions here about that in the weeks to come.

Looks like all three of you are awaiting scores…I hope you all did well!

AUD: 07/11/11 - Passed
BEC: 08/27/11 - Passed
FAR: 01/17/12 - Passed
REG: 04/30/12; Re-take 7/16/12 - Passed

FINISHED!!!!!!!!

[kandisjoy]

Thanks Susan, good luck on your upcoming tests. 🙂

FAR: 71, 77
BEC: 70, 82
AUD: 62, 78
REG: 71, 68, 85

CA Licensed 11/2011

[kandisjoy]

CPAMan, are we allowed to say things like that? I've thought about postings things like that, but I always thought it was a violation of the disclosure agreement.

FAR: 71, 77
BEC: 70, 82
AUD: 62, 78
REG: 71, 68, 85

CA Licensed 11/2011

[Author]

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