Accounting Cycles and Evidence

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  • #174089
    Faintear
    Member

    I’m in the middle of studying for the AUD exam and I’m a bit of trouble with Accounting Cycles and Evidence. I think I understand the overall concepts, but the questions that are being asked on these topics by the Wiley Test Bank seem to get really in detail about which specific Audit procedure that I should do given a specific scenario.

    The Wiley book doesn’t really go into detail of specific procedures. Doesn’t anybody have some tips or some sources that I can look at to help me understand these concepts in more detail?

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  • #377934
    jenuno01
    Member

    This topic is a bit overwhelming but just keep practicing and it should get better. I wouldn't worry too much about it. Just make sure you have directional testing down to a science, once you completely understand it, you'll get all the questions right. Don't get caught up on the wording of the questions, just focus on what the auditor is trying to accomplish. Keep practicing and eventually it'll click. Like I said, don't stress too much on this topic.

    Class of 2012

    #377935
    Faintear
    Member

    Looks like I have to rework the way I think about these questions. Thanks. Everything felt like it was going smoothly too. I was flying through questions in the Professional Responsibilities and Engagement Planning sections.

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