REG 2016 January Exam Scope: Sarbanes Oxley Act???

  • Creator
    Topic
  • #198928
    tingtuzii
    Member

    I reviewed the exam scope of REG. SOX is not covered. I am confused if i should read this Chapter. Can someone help me clarify the test scope? Thank you!

Viewing 9 replies - 1 through 9 (of 9 total)
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    Replies
  • #751427
    DTBird
    Participant

    Yeah, I don't think SOX is in REG or has ever been in REG. I just took the exam in November and am still studying for it.

    Where did you get the impression that SOX was covered in REG?

    BEC - 77 (5/16)
    AUD - TBD (8/16)
    REG - 80 (1/16)
    FAR - 76 (8/15)

    #751428
    tingtuzii
    Member

    It is covered in Becker Review R5.

    #751429
    DTBird
    Participant

    Go ahead and study it if its in your review material. I used Roger and never saw it once.

    BEC - 77 (5/16)
    AUD - TBD (8/16)
    REG - 80 (1/16)
    FAR - 76 (8/15)

    #751430
    jeff
    Keymaster

    Per the AICPA – SOX was removed from REG in 2015

    #751431
    monikernc
    Participant

    thank goodness!

    FAR 7/25/15 76!
    AUD 10/30/15 93
    BEC 2/27/16 82
    REG 5/23/16 88!
    Ninja Book and MCQ and the forum - all the way!!!
    and a little thing i like to call, time and effort!
    if you want things to change, you have to do something different

    #751432
    jlee1086
    Participant

    To add to the confusion: I'll quote Andria's email to me. This must explain why I saw a FIFO question from FAR in the REG homework.

    We have decided to not remove our SOX questions from REG for the time being. We are inserting the text below in each question and the reference book because …

    “While the Sarbanes-Oxley Act is not specifically included on the Regulation (REG) Content Specification Outline (CSO), the AICPA has announced plans to increase content integration among Exam sections. Because this material is tested in the Business Environment and Concepts (BEC) and Auditing (AUD) sections, some questions on Sarbanes-Oxley may appear on the REG Exam.”

    FAR 57 (11/2014), 64 (1/2015), 79 (7/2015)
    AUD 68 (2/2015), 79 (11/2015)
    REG 79 (1/2016)
    BEC 81 (4/2016)

    #751433
    rosecpa
    Participant

    Thank you Jeff! You just saved me from studying that section. Is there anything else that was removed for 2016?

    #751434
    jeff
    Keymaster

    No – but just because a section has been removed officially, doesn't necessarily mean you won't see it on exam day.

    It's just a handful of questions anyway.

    #751435
    rosecpa
    Participant

    What does that mean? I am taking REG as my last exam so I've seen SOX before. Would that be sufficient?

Viewing 9 replies - 1 through 9 (of 9 total)
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