Auditing – things to memorize…

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    Topic
  • #158671
    millerg
    Participant

    Does anyone have a comprehensive list of what should be memorized for AUD? I find the topic somewhat difficult to organize and thought a list might be helpful.

    Thanks.

    mg

    FAR 67, 73, 71, 76; AUD 61, 85; BEC 70, 77; REG 75

    DONE

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  • #240096
    herbert7890
    Participant

    we need florida candidate's opinion, since he got the highest score 99 on AUD. I will take AUD on Nov, after BEC

    FAR 88 - BEC 86 - AUD 90 - REG 85

    #240097
    Anonymous
    Inactive

    I memorized the standard, compilation and review reports. That really helped with the multiple choice questions. If you have to write anything letter or report related on a simulation, look it up on the research rab. Some simulations have you fill in the blanks from a drop down.

    Know risks and how they affect each other (when one goes up, the other goes down). Know responsibilities: managements', auditors', internal auditors' and BOD.

    #240098
    herbert7890
    Participant

    Thank you for the info CPAWannaBe

    FAR 88 - BEC 86 - AUD 90 - REG 85

    #240099
    Anonymous
    Inactive

    I would know the standard audtior's report (for an audit) like the pledge of allegiance! I would also memorize the review/compilation reports and know how to modify all of these reports when necessary.

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