ISA, is it important?

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  • #170265
    Anonymous
    Inactive

    I am studying for AUD currently, and I notice in the becker material, the ISA are sprinked everywhere. The lectures hardly put any emphasis on it. And the differences are so minute and many, it would be annoying to remember that International standards have us place it on the top shelf, while GAAS allows us to place it on the middle or bottom shelf(as an example).

    Additionally, there are few PRACTICE questions. How should I approach the ISA? It isn’t as pronounced as IFRS. I feel.

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  • #342797
    Keely
    Member

    I'd love to know the answer to this too. I'm in the same boat.

    BEC: (4/2012) 88
    AUD: (5/2012) 91
    REG: (8/2012) 82
    FAR: (1/2013) 78 🙂

    VA CPA #42010

    #342798
    Keely
    Member

    Sorry, posted twice!

    BEC: (4/2012) 88
    AUD: (5/2012) 91
    REG: (8/2012) 82
    FAR: (1/2013) 78 🙂

    VA CPA #42010

    #342799
    Anonymous
    Inactive

    BUMP!

    And congratulations to all those who passed!

    #342800
    firemaple
    Member

    I felt that my study materials, which did not cover ISA, adequately prepared me. YMMV.

    AUD - 10/7/11 Passed
    FAR - 11/28/11 Passed
    BEC - 1/2/12 Passed
    REG - 4/17/12 Waiting for score

    #342801

    What I did was to just compile all the differences into a table in Microsoft Word. That way, at the very least, you're writing them down at least once. I didn't spend very much energy trying to memorize them though. I don't remember them being covered too thoroughly on my exam.

    REG (2/24/12) - 89
    AUD (4/5/12) - 89
    FAR (5/31/12) - 91
    BEC (7/7/12) - 84

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