[industryCPA]

I’m currently studying for AUD using Wiley CPA excel. I’ve noticed some differences between the video lecture (and slides that go along with them) and the study text. For example:

In the lesson on Qualified for Scope Limitation, talking about the effect on the report
Video/Slides: “There is no change to the usual Auditor’s Responsibility section of the audit report”
Study text: “Auditor’s responsibility section—modify the last sentence to state, “We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified audit opinion.””

When these discrepancies occur, should I go with the material in the video/slides or the material in the study text??? I don’t want to be studying the wrong stuff..

[CPAIN2K17]

I'd go with the study text. It is updated as changes occur. The videos seem pretty old, so that could be causing the discrepancy. I am pretty sure the study text is correct in the example you gave. (Haven't studied audit in a bit so not positive)

[industryCPA]

Thanks Carly!! I figured it would be easier to update the text than the video, so that makes sense just wish they would put a disclaimer out there to beware of small changes like that!!

[Author]

Replies