[palal9923]

This is the chapter in becker about compilations, attestation services, reviews, etc..

For those who have taken the exam, or anybody else,

Would it be worth it to re-write all of the compilation/reviews/agreed upon procedures/etc… reports so that I know exactly what goes into each one?

I feel pretty comfortable for example that compilations provide no assurance, and they require that GAAP departures be disclosed etc.., yet i do not know the “exact words” that the report uses…

[Anonymous]

@palal9923 I've been studying Becker chapter 2 for the last two days and just finished re-writing notes and reading the material. Tonight and tomorrow I plan to focus on all the passmaster questions. I created a spreadsheet that lists compilation, review, and agreed up procedures side by side. Under each group, I listed the performance requirements (ULIARCPA, IAMSURE) and reporting content (ULARD, AMISAD). I don't think it is necessary to memorize the exact wording of each report as long as you remember the mnemonic you should be fine. I took AUD in November do not recall needing to know the exact wording. Although I haven't offically received my results, I'm assuming I did not pass since I can re-register under the OH loophole. (WI is slow to release scores) I can send you my spreadsheet if you would like to use for studying.

[jeff]

For liability reasons, I can't facilitate the sharing of notes taken from their course. It puts me in a bad position.

-Jeff

[Anonymous]

I used Becker for AUD (still waiting for my results as well) but if I remember correctly Becker has a page in their book with the exact break down that you are requesting. I would review those as well. If you are familiar with each report and able to distinguish the differences in each that should be all you need.

[Author]

Replies