dmjid0005
offlineMember
Zena,
I've finished early (20 mins on BEC and 30 on REG) and passed both times. In my opinion, you don't always have to use all the time given you. Even though some questions may take 90 seconds to answer, I find most take less than that. I felt bad after walking out 30 minutes early on REG (my first section), but I passed, so...I don't think time makes too big of a difference.
Will_it_ever_end
offlineMember
Zena - Becker software Sims do not have the available research that you will have in the actual test. That is why it shows up wrong path. The size of the software be would bog down your comp if they all came with it. You will be able to look up certain things when you're testing but all the answers definitely won't be there.
To add to dmjid0005's comments, I just took AUD this week and finished with 50 minutes left over and even felt like I took my time on the sims. The MC seemed to go quickly. I have friends however, who have told me they finished early (an hour) and made themselves sit there and review until the time was up. I didn't feel the need to punish myself. If I overthink my answers and change them, I am usually wrong. I need to stick with my gut reaction.
zena
offlineMember
Thanks, Will_it_ever_end, that makes sense. I hope to get some help from the research tab since time doesn't seem to be an issue on this part.
Come on now, why not punish yourself just a little more!! LOL We already are gluttons for punishment just for taking on this beastly exam!!
Will_it_ever_end
offlineMember
BlondeAccountant - I did not think the test was so bad. I did not think it was overally difficult. I walked out of REG having no clue how I did and out of FAR feeling terrible. Knowing this test, I probably bombed it and feel good about it. I probably studied 70-80 hours for it.
The MC were no different than what you would expect from Becker (I can't attest to other software). If you have done the progress tests and practice final exams and score above a 60, I think you should be ok. I took 30 minutes a piece on the MC and the sims were difficult but I was able to work through all but one tab that I struggled with. Since time probably won't be an issue, make sure and read the questions carefully (looking for "not" and "except"). I did notice that internal control was more tested on the sims than the MC it seems like. Hope this helps
bbrowning911
offlineMember
financeguy - No, ratios are given on the exam. What they mean and the underlying concepts you may have to know though. For example, they may give you how to calculate a quick ratio, however you would be expected to know that it is a measure of liquidity, what liquidity is and what is it used for, and possibly how this type of ratio is used as an analytic in the different phases of the audit.
PAP
offlineMember
I am freaking out. there is too much to remember in audit and i think i am just forgeting some detailed information. I am taking auit exam next week can some 1 tell me how do i approach. Only reason i am scared is that i am finding this exam toughest among all 4 exam. any advice??
stjohns796
offlineMember
becker was great for audit - I just took the test and becker covered every topic in the mc. The sims were a different story - other than the written comm, it was all stuff I have never seen before. overall the test isn't too bad, just long.
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