Need advice after failing Audit multiple times

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  • #175293
    Anonymous
    Inactive

    So I’ve gone 73,72,73 on audit and I feel like I am missing the same material every time. I am weak in the Sims because I haven’t studied for Financial yet so I keep messing up on the Sims that are Financial related, adjusting entries, journal entries etc. My question is should I retake Audit again or take Financial and then retake audit? Suggestions?

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  • #393509
    homerun07
    Member

    but you are SO CLOSE!! i say you should retake AUD again while it's still fresh in your mind and you already know where your weakness is, so then you know where you gotta study and work twice as hard. make sure you master those areas and don't take your exam until you're ready. if you need to, push the exam back and reschedule until you feel like you've mastered your weaknesses and even your strengths.

    you're seriously so close, i know you can do it the next time around.

    good luck!!!

    #393510
    Supercharge
    Member

    Retake it for sure…most of the material is fresh in your mind and would take longer for you to restudy if you were to move on to another section. Plus you are so close that you are probably just a multiple choice question or two away from passing.

    #393511
    sln1000
    Member

    I have got Nov 2010 -71, July 2012 – 74, October – 2012 – 74. Jan 24 2013 – ?. Not sure what i am missing too. Thought i had nailed it in my previous 2 attempts and ended up failing hoping to pass. Dont want to see another 74 or some score less than 74. My exam as per my assessment is 50/50 and really cant say anything.

    Is my chances bright coz i got couple of 74's before?.

    BEC: 77(Nov 2010), 81(Jul 2012).
    FAR: 80(Jul 2012).
    REG: 72(Jul 2012), 78(Oct 2012).
    AUD: 71(Nov 2010),74(Jul 2012),74(Oct 2012),75(Jan 2013)- Thanks God, without you i couldnt have done this. I'M DONE !!!

    #393512
    mena je twa
    Member

    In my opinion , you guys have enough knowledge to pass audit, if you are scoring in the 70's

    It comes down to this…..Call of the question and exam/ clock pressure. In your home or during your review, you will be able to answer the tricky questions with ease, but at the exam its a different ballgame.

    Audit is tricky, you have to read the qquestion very closely, what is it asking you about, whether its planning or internal control or analytical procedures. One word here and there can be a difference btw 74 & 75. So imagine, you have 90 of them. Some are softball questions, but others which are tricky will test your depth of knowledge about auditing and thats where you score a pass or fail.

    Licensed CPA, Texas - 2012

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