[Kaymans]

First post, taking test in August. I’m confused as to what version of Becker I should be studying. On the Becker website it states that the old reports will be tested until 2014. However, everything in Version B is based on the new audit reports. I know Becker has put up a few pages of Version A on the website (roughly 20 pages), but I’m onto chapter 2 in Becker and this chapter is still over the new report.

Per Becker update:

The Clarified SAS outline a new, more detailed form of auditor’s report that should be used for audits of NONISSUER financial statements for periods ending on or after December 15, 2012. This new auditor’s reporting model is outlined on pages A1-12 to A1-44 of the Audit B textbook. The AICPA has stated that it will continue to test the old auditor’s reporting model through 2014.

The old auditor’s report should be used for audits of:

•NONISSUER financial statements forperiods ending before December 15, 2012

•ISSUER financial statements for all periods, until the PCAOB issues its new auditor’s reporting model (most lik

ely in late 2013 or early 2014)

The AICPA has stated that exam questions related to the auditor’s report will

The textbook makes no mention that the new reports only apply to non-issuers. So am I better off studying version A, or Version B with the updates provided per Becker even though the updates do not cover other chapters.

Audit: 91
FAR: 87
REG: 87
BEC: 86

7 months, full-time employee, self-study with Becker (All), CPA excel (REG), Wiley textbook (FAR) and testbank (All)

[Serg8522]

Study Version B, but from version A memorize 10 GAAS standards – maybe they are testing it also. At least, Jeff says that they might test it also. I took the test last week and I can tell you that Version B well prepares for the exam (of course if you will study hard and if you will go through their mcq more then 1 time, because 1 do not believe that 1 time is enough – it did not work for me).

✓REG 81 (10/13/2012)
✓FAR 82 (01/14/2013)
✓AUD 61 (05/23/2013), 93(07/01/2013)
✓BEC 79 (12/04/2013)

Becker and ONLY Becker

[Author]

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