Sam
offlineMember
Soanxious - I am in Washington state. They recently switched to NASBA from castleworldwide which was handling the process earlier. I have been in touch with the NASBA coordinator for WA state and they have not received my scores either. Spoke to them and they really don't know either. Their answer is that they are waiting for the scores too. I just feel really anxious since it's been close to 3 months now. Is there any other source with whom I can follow up on regarding my scores?
Thanks.
BShep
offlineMember
Well I found out last week that I failed AUD (69)... I used Becker. I passed BEC and FAR the first time I took them... so this was a big bummer. I'm already half way through the REG study material. Looks like I'll be taking REG the end of April and retaking AUD the end of May. From what I've read, I'm guessing I didn't do enough practice multiple choice questions. I just felt like my exam questions were very vague with more than one possible answer.
kamaone
offlineMember
Bshep... I started studying with Becker at first. I feel there is more to read within the chapters but not many questions at the end. I began reviewing the Wiley books this week and there is not as much reading to do but so many more practice questions. They even have sample simulations at the end of each chapter. The Wiley books are cheap if you want to use those for the practice questions and Becker as a second source to review material from.
NY GT girl
offlineMember
The becker software has plenty of MCQs to do. After watching the lectures, doing the MCQs, making notecards, and reviewing the book again, i am scoring mid-80s on my 2nd time through the MCQs. Just finishing up my review of A4 now... the test is Saturday!
NY GT girl
offlineMember
Thanks! I think I have resigned from hardcore studying... Got an 87 on a practice test tonight, which is much better than I ever did for FAR and I passed that!
Just throwing this out there now...
The AICPA will forever regret giving me a 73 on AUD. I am going to do so well on this exam the second time that they will probably have to consider implementing the new exam format early.
Just sayin...
NY GT girl
offlineMember
Today is the big day! Just got done taking my dog on a lovely 2.5 mile walk. Going to eat a good breakfast and show AUD who is boss in 2 hours! Then get started on REG! Ah mi vida....
p_prince5
offlineMember
Guys i have 2 questions?
I am using Becker, after you watch the lectures and study, when i do the MCQs i score round 70% ? what do you guys score . I feel i am screwing up.
Also can you please help me with: how can i tell the difference between test of controls and substantive testing, Its KILLING ME, both have observations, I am so confused
Thanks Guys
NY GT girl
offlineMember
Part of the similations contain a question where you have to answer a research question by locating the appropriate response in the research materials. All relevant material for your exam is there. You can use that to find answers for other portions of your simulation that you don't know. It definitely helped me today.
Tetta
offlineMember
CPAwannabee, I also wished I had taken the exam right after college; I have been in industry for many years, went to public accounting 4 years ago as an auditor and have been trying to pass this exam the past couple of years. I have signed up to take REG on May1, AUD on May 27 and BEC July 31. As soon as I get my NTS for FAR I'll schedule that one for early in July. Hopefully, this time around I will pass all four.
Good luck on yours!
kamaone
offlineMember
christian, just do the multiple choice and simulation practices. review the sections they say are covered the most on the test and you should do fine. just keep practicing and know why some answers are right and why some are wrong. dont just memorize what the answers are, know why they are what they are and you should do fine.
NJCPA2B
offlineMember
christian2823, I'm also taking AUD on April 29 - I failed AUD 2x 70 & 69 - I used Yaeger Homestudy both times I failed
I think to pass AUD (unless you work in AUD or are one of those brains that always gets high 90's) you have to do over 2,000 MCQ. I only did most of the questions in the Wiley book 2x. This time I'm doing ALL the questions in the Wiley book and ALL the MCQ in the Wiley 14.00 CD.
I'm also using Gleim for AUD and will listen to all the lectures in Yaeger Homestudy again...
AUD is my last part and I'm sick of studying....
BEC=77, FAR=78, REG=74,75,80, AUD=70,69, Apr 29 .... ?
LSU_BR
offlineMember
NJCPA2B-
Know the different opinions and what changes in the reports. Know the difference between compliation and reviews. If you had becker, I would tell you to just do the questions over and over because you will see the same questions on the test. Not sure about Yaeger or Gleim...you WILL get through it just keep at those questions. Make up your own pneumonics (sp?).
LSU_BR
offlineMember
I do and I'm always afraid to say that. I expected to know alot off hand, but I mainly audit federal and there were maybe three pages on federal in the Becker book. Word for word, 90% of the questions were from Becker. I almost fell out of my chair because I could not believe it. Not sure if that was just the luck of the draw or if all the audit test versions are that way.
I will be thinking about you and cheering you on when you need it :) Keep me updated and let me know if you need any help. I made up alot of my own pneumonics so I can give you some ideas if you would like :)
p_prince5
offlineMember
Guys i am confused
can somebody explain to me , how observation of physical inventory count is a substantive test not a test of control ?
This inventory count and if its a test of control or substantive test is killin me
Thanks
NJCPA2B
offlineMember
The word "Observe" can apply to both "test of control" (non-$dollars) or "subsantive test" (dollars $)
Observing inventory is a subsantive test becuase inventory deals with dollars $.
Observing a client's employee doing his job is a test of control (e.g., observing A/P personnel review all documentation prior to approving invoice for payment) Test of controls- only test for the operating effectiveness of contols..doesn't involve dollars....
Ms_X
offlineMember
also to add to NJCPA's explanation - when inventory is treated as a substantive test, it involves the auditor going the warehouse and "observing" inventory and doing counts - then comparing such counts to the client's system to ensure the inventory balance is properly stated. If differences are noted, this is reported and the $ impact would be calculated (i.e. this would be a substantive test as you are trying to determine the $ value of the misstatement of inventory if any).
Controls testing - as NJCPA mention, is observing the inventory in the warehouse (it exists) and the operating effectiveness (staff is performing the cunts and control procedures etc).
cpaone
offlineMember
Okay. I'm in NC. I took Audit February 1st and still don't have my grade. The state says they haven't received all the scores yet. Is this normal Jeff? Is there a cut-off date of when scores from the January-February window have to be released? This is my last score so they're basically torturing me at this point.
cpa hopeful
offlineMember
I'm also taking Aud on April 29th. This will be my third time, failed twice, first with a 68 then a 70. I have never done public accounting, always been more on the operational end of it. Im hoping to pass this monster once and for all.
Have FAR on May 28th, I'm hoping that I have enough time for FAR, I would hate to have to repeat that too now...for those of you who have passed FAR, any suggesstions on the best way to approach the exam with such little time to prepare?
I am using cpaexcel software to study...
Thanks in Advance!!
cpa hopeful, I'm not sure how CPA excel is set up but I would say go over all the topics once and take notes on parts that they say are important. Then do a bunch of MCQs! Then for the ones you missed or guessed on go back and retake notes on those topics and review those. That's what I've found most helpful really reviewing the weak spots.
BShep
offlineMember
I totally understand the nerve problems. I try to just keep telling myself that there is no way to know everything. I live in KY but take my tests at the nearest testing site, which is in Indiana. Since it's a smaller area, I usually wait until about 2 1/2 weeks before I want to test to actually schedule my exam. Some people think this is risky or that I might need a more firm deadline. For me, I think it takes a little bit of the pressure off. I may study for months knowing that I plan to take a test the end of April, but if I decide I need until May 1 it's no big deal (no worries about re-schedule fees either).
Jeff - another71.com
offlineadmin
David - those were written in 2006. Are you too cheap for repeated NTS payments? That's where you're headed using old materials like that.
Just my unsolicited opinion :)
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