Audit vs. BEC 2010

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    Topic
  • #158690
    Oceanman
    Participant

    I have time to take 1 more exam after FAR (10/11-this is my first exam) before the changes in 2011. I was hoping that someone could give me some advice or opinions on whether I should take Audit or BEC in this window.

    I know that Audit will have IFRS and BEC will have a sim, but was wondering if anyone who has taken both of these sections could weigh in and tell me which they would rather take before the changes come into effect…

    FAR-92
    AUD-94
    REG-87
    BEC-(April)

Viewing 5 replies - 1 through 5 (of 5 total)
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  • #240153
    Anonymous
    Inactive

    Oceanman

    Do you have any audit experience? If so,that may help but not essential. AUD is straight forward – I did the lectures and MCQ + Gleim Test Prep MCQ test bank. Felt like everything was covered and the test was not bad. scored 85

    Do you have a strong Finance background? for BEC – did pretty much the same thing (did not go over all of the Gleim Test bank MCQ but a lot of them) scored 73 and then 70 Chapter 5 kicked my butt. I may have focused too much on the problems – because I know I got those right and my score went down.

    For many people the WC can add a few points to the score – so AUDmay be a good way to go. If you are weak in writing that may be a factor.

    Hope this helps some.

    #240154
    KERI0323
    Participant

    Any recommendations for choosing between FAR or AUD for 2010 with 7 weeks to study, and working full time? I've read so many different posts on what is changing in each and I'm just so confused now. It almost seems like AUD is changing the most and then I read another post and it's FAR…

    BEC 10/11/2010 77
    AUD 11/30/2010 81
    REG 02/25/2011 78
    FAR 11/28/2011 74,68, 83 and DONE!!! NTS LA #460

    #240155
    Anonymous
    Inactive

    Personally, I would go with AUD. BEC is picking up some written communications, but those aren't as bad as the big unknown relating to IFRS on the AUD section.

    #240156
    Anonymous
    Inactive

    KERI0323

    I would go for FAR. It is a tougher exam than AUD. If you can put the time and energy it would be good to complete it in 2010. Also, you might get a bit lucky with so many people taking the exam and not being as prepared as yourself – Just my opinion

    #240157
    Oceanman
    Participant

    Thanks for the advice guys, it really helps to have others' input.

    CPA journey

    No I have no audit experience (just 1 audit class), and have a yes I have a strong finance background. I am not scared off by the WC in BEC i was just curious to see what ppl that have taken the test would think of it (that is how difficult they think it would be).

    I am thinking that since Audit will likely change more I will probably take that one first. I have not looked at any of the actual material for either of these tests so this is why I ask. Oh and Audit is primarily memorization correct?

    I forgot to mention I am studying with Becker if that makes any difference.

    Thanks again guys

    FAR-92
    AUD-94
    REG-87
    BEC-(April)

Viewing 5 replies - 1 through 5 (of 5 total)
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