[DZagt]

For FAR, the key for me (and most people on this forum) seems to be to know the journal entries in and out. What is the key for AUD? FYI I have zero audit experience. What course and strategy do you recommend for this part?

Thanks!

[Skynet]

Internal Controls & Accounting Cycles and their Assertions. Know them inside out.

[Spartans92]

if you passed FAR already the SIMS should not be an issue for AUD. As skynet mentioned really do need to know the assertions and opinions.

BEC- PASS

[Jdn9201]

Ditto Skynet…I would also add know the audit cycle. It helped me to understand each piece when I remembered how it fit in with the whole audit process. Audit reports were my #1 pet peeve…I still never got them fully, but reading multiple examples of each type helped me to visualize what goes where. Good luck!

BEC - 88 8/29/15
REG - 82 11/14/15
AUD - 83 1/8/16
FAR - 80 2/29/16

[garciarb]

Don't worry too much about learning any of the equations for SIMS. My test gave me most of the ones that I needed and the rest were fairly easy to figure out with a bit of thought. Internal control mastery is a must and you need to know the differences between the regulations regarding issuers vs. nonissuers inside and out.

BEC - 81
AUD - 79
REG - June 2016 (Thanks Nasba!)
FAR - ugh

[Author]

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