[jeff]

NINJA Study Notes, Flashcards, and Audio: https://www.another71.com/products-page/

Wiley Software: https://www.another71.com/wiley-cpa-software/

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

[Anonymous]

I've checked out the COSO page. I think it was helpful. I need practice applying the principles etc.to make sure I FULLY understand the topic. I'm sitting April 30th. You?

[Anonymous]

I've checked out the COSO page. I think it was helpful. I need practice applying the principles etc.to make sure I FULLY understand the topic. I'm sitting April 30th. You?

[Aldog]

Wow-again with the Corp Governance talk…I am wondering what related topics this exactly includes (please elaborate on random things); ive taken AUD and have a general understanding of it from that as it was covereed pretty in depth (COSO & all that jazz)…reading AU section 380 a couple of times deifnitly helped me too

201, NJ
FAR-75, AUD-82, BEC-82, REG-84 - CPAldog Official (well almost, hard parts over though!!!!!!!)

[Aldog]

Wow-again with the Corp Governance talk…I am wondering what related topics this exactly includes (please elaborate on random things); ive taken AUD and have a general understanding of it from that as it was covereed pretty in depth (COSO & all that jazz)…reading AU section 380 a couple of times deifnitly helped me too

201, NJ
FAR-75, AUD-82, BEC-82, REG-84 - CPAldog Official (well almost, hard parts over though!!!!!!!)

[Aldog]

Oh yea and the cpareviewforfree.com questions on corproate governance are a MUST guys (and gals)…i also found i was way off on the financial environment questions (although a lot of common sense) w regards to cpareviewforfree-its a good shakeup to whatever course youre taking as I find when i use becker enough i memorize the questiosn or how theyre worded so much so that i know which is answer is right before done reading it…

201, NJ
FAR-75, AUD-82, BEC-82, REG-84 - CPAldog Official (well almost, hard parts over though!!!!!!!)

[Aldog]

Oh yea and the cpareviewforfree.com questions on corproate governance are a MUST guys (and gals)…i also found i was way off on the financial environment questions (although a lot of common sense) w regards to cpareviewforfree-its a good shakeup to whatever course youre taking as I find when i use becker enough i memorize the questiosn or how theyre worded so much so that i know which is answer is right before done reading it…

201, NJ
FAR-75, AUD-82, BEC-82, REG-84 - CPAldog Official (well almost, hard parts over though!!!!!!!)

[Anonymous]

@ Erin – I never even told you my theory….Everytime NASBA approves someone to start working on the exam, I think they go and buy another share of Starbucks stock. I live there when I study – only place I can go without too many distractions and GREAT coffee! I hope she gets it right too…sounds like I'll have to give her enough practice before the big day just to make sure. 🙂

I just read Allyson's blog and literally laughed out loud (boy did that feel good!). BEC to me is the bad breakup that will never end….BEC must be OBSESSED with me.

[Anonymous]

@ Erin – I never even told you my theory….Everytime NASBA approves someone to start working on the exam, I think they go and buy another share of Starbucks stock. I live there when I study – only place I can go without too many distractions and GREAT coffee! I hope she gets it right too…sounds like I'll have to give her enough practice before the big day just to make sure. 🙂

I just read Allyson's blog and literally laughed out loud (boy did that feel good!). BEC to me is the bad breakup that will never end….BEC must be OBSESSED with me.

[Anonymous]

Any good experience switching Becker to Yaeger for BEC?

[Anonymous]

Any good experience switching Becker to Yaeger for BEC?

[Anonymous]

Does anyone know why COSO and corporate governance aren't a part of Audit? I still can't wrap my mind around the number of COSO questions I had encountered after already having passed AUD.

Is it just me or are these 4 separate tests increasingly over-lapping? Its as if they'd like you to fail if you haven't a strong understanding of the whole picture (all 4 parts) prior to sitting for any one part.

Its like:

One enormous blurry finish line we're trying to focus on. I'm not sure there is an end in sight anymore.

It will be a glorious day when I finally stumble blindly across their finish line.

[Anonymous]

Does anyone know why COSO and corporate governance aren't a part of Audit? I still can't wrap my mind around the number of COSO questions I had encountered after already having passed AUD.

Is it just me or are these 4 separate tests increasingly over-lapping? Its as if they'd like you to fail if you haven't a strong understanding of the whole picture (all 4 parts) prior to sitting for any one part.

Its like:

One enormous blurry finish line we're trying to focus on. I'm not sure there is an end in sight anymore.

It will be a glorious day when I finally stumble blindly across their finish line.

[Anonymous]

@carolina_blues – When I took AUD the window before, I do not remember them testing hard on Corporate Governance. Don't give up. There IS an end in sight. Unfortunately, we will have to do some more dirty work to show BEC who's boss. A little extra hard work….should push us over the edge. I believe we will be jogging across the finish line! I thought I would be devastated if I failed a section of the exam. To my surprise, the fighter in me came out. Instead of hitting the gym to prepare, I'm hitting the books. I am trying to use failing, as a motivation to kick this exams butt! Keep positive! WE CAN DO THIS! 🙂

[Anonymous]

@carolina_blues – When I took AUD the window before, I do not remember them testing hard on Corporate Governance. Don't give up. There IS an end in sight. Unfortunately, we will have to do some more dirty work to show BEC who's boss. A little extra hard work….should push us over the edge. I believe we will be jogging across the finish line! I thought I would be devastated if I failed a section of the exam. To my surprise, the fighter in me came out. Instead of hitting the gym to prepare, I'm hitting the books. I am trying to use failing, as a motivation to kick this exams butt! Keep positive! WE CAN DO THIS! 🙂

[Anonymous]

Thanks for the “Chin Up” feedback Erin it is genuinely appreciated.

However, just glancing at the page I'm reading right now I can create a question I can almost guarantee would turn up on the BEC exam merely because of how “tricky” it is even for those with notes out and books open in front of them.

Here we go, I just made this one up directly from the text:

According to the COSO framework of internal control, providing employees with an understanding of their roles and responsibilities is:

a.) an example of the Assignment of Authority and Responsibility factor within the Control Environment

b.) an example of the Human Resources policies and procedures within the Control Environment

c.) an example of policies and procedures within the Control Activities component of COSO internal control framework

d.) an example of proper communication within the Information component of the COSO internal control framework

What is the usefulness of questions like this?

How would knowing the answer to this ever be used in the workplace?

Just because someone can sit around creating trick questions, does answering the questions necessarily make any one of any more knowledgeable on the subject? Does it mean the question maker knows any more than the person answering said question? I think not.

I'm going to leave this open for a few hours for folks to guess the correct answer.

Oh, and no cheating now! You wouldn't have a book or a note for use during the exam.

[Author]

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