New or old standard reports tested more for Audit?

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  • #178511
    Anonymous
    Inactive

    What will be more heavily tested on the audit exam now? The new or old reporting standards? I know you have to know both, but should I put more emphasis on one or the other? Old or new?

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  • #424908
    jeff
    Keymaster

    Know the old way … add the differences like I lay out in the changes summary (https://www.another71.com/cpa-exam/cpa-exam-podcasts/)

    Beyond that, no one can answer that question because of the disclosure rules.

    Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

    #424909

    @Jeff – are you about to pull your hair out due to all the questions regarding AUD?! Is this the worst it has been since the 2011 changes? I watched a Roger podcast and have your audit notes, plus Wiley 2013, I am not worried. Just worried for your sanity!

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

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