[Anonymous]

So I just took my 2nd final exam in becker and the research sim asks what guidance is provided by AICPA with respect to the wording of any modification to the auditors standard report regarding a going concern.

I thought ok I need to look for the one that states to issue an explanatory paragraph with the words “substantial doubt” and “going concern”.

I typed going concern and found that word for word in the standard and i figured that was definitely it. I browsed the other ones just to double check and the next one basically was an example of the paragraph and how it would be worded.

So i got my results and I got it incorrect. It happened to be the “example” of a paragraph. Is this a general rule or something? I figured the guidance that tells you which paragraph to add and the wording would supersede a fictitious example in the literature…

[MCLKT]

It's hard to tell. But if the research SIM is an AICPA released question, then that's probably the way to reason through your choice on the subsection. I remember having the same problems with Wiley.

I'm certain on exam day we get partial credit. Probably like 80-90% of the points for being so close.

If you found the information efficiently. Meaning you knew what to search for, what area to reference, and generally have a good idea of how to find the referenced material in the Authoritative Literature quickly, then you are good to go.

Remember on exam day to also use the AL to find clues for the other sims that are not technically “research” simulations.

Sounds like you are on the right track though, so don't even stress 🙂

A:[73]97 F:[74]85 R:86 B:[74]82
*NINJA 10 Pt. COMBO & Yaeger*

[Anonymous]

Hi AMISADMRFIRSALA

Are you using Becker Audit version B? I am having the same problem trying to figure out what exactly the question is asking for. The old research questions were very straight forward, but with the new clarified standards it seems impossible to nail down exactly what the research question is asking for. Does anyone have any advice or guidance about how to navigate the new clarified standards to select the correct citation when responding to the research questions?

[Author]

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