[mikecuh]

I am having a lot of difficulty with the Transaction Cycle portion of Audit. I am taking my exam in 7 days so I am beginning to freak out a little bit. I think the part I am having most difficulty with is understanding what audit procedures are trying to accomplish. I understand that tracing is generally completeness and vouching is generally existence and Cut-Off is usually to determine that it is recorded in the correct period. But other than those, I feel like sometimes I am just guessing off logic. Is there any better way to be studying these? Any help is greatly appreciated, thanks in advance.

[CanIpassYou Aud]

@mikecuh, just know the basic concepts, i was freaking out before the exam because i felt like i didn't know much about different transactions, but on the actual exam, the questions from audit transactions are not that hard. just know the basic and you will be fine

FAR-Passed
BEC-Passed
REG-Passed
AUD-Passed
Materials: Becker+Ninja Notes/Ninja MCQ/Ninja Flashcards
Click my name to view my LinkedIn account.

[CanIpassYou Aud]

@mikecuh, just know the basic concepts, i was freaking out before the exam because i felt like i didn't know much about different transactions, but on the actual exam, the questions from audit transactions are not that hard. just know the basic and you will be fine

FAR-Passed
BEC-Passed
REG-Passed
AUD-Passed
Materials: Becker+Ninja Notes/Ninja MCQ/Ninja Flashcards
Click my name to view my LinkedIn account.

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