[taxguy17]

I am starting to study for AUD after passing BEC and waiting for the results on REG. My entire career has been spent in tax (first individual at a small CPA firm and the last few years doing tax at a Fortune 100 company). My only experience in audit is from the one college class I took.

Would anyone who is/was in a similar position as much care to share some advice or tips on how I should approach studying AUD?

BEC - 84
REG - 86
AUD - 92
FAR - 90

[Anonymous]

Just approach it as all new material and study your butt off. I took all these exams with just 1 year (or less for the early ones) of accounting experience solely in small-business and individual tax, so no experience with FAR, AUD, or even most of REG and BEC. You just have to view it as an academic pursuit, not a test based on experience.

[JamesBJames]

It's not as bad as you think. I didn't really understand my college auditing class, never had an auditing internship, and always considered myself more of a tax guy, and I did fine.

Work to understand the audit framework. AUD is the one section where a “big picture” approach helps a ton, in my opinion.

FAR: May 1st, 2014 - 91
AUD: May 29th, 2014 - 97!
BEC: July 16th, 2014 - 91
REG: August 29th, 2014 - 88

Licensed December 2015

Feel free to add me on LinkedIn by clicking my username!

[Lindrobe]

Zero audit experience here. Had one undergrad class. I have worked in tax most of my career (1 year as financial accountant, 9 years in tax). Studied significantly less for AUD than I did other sections and still walked away doing pretty good. I actually moved my test date up 2 weeks cause the material just seemed so simple.

FAR 12/3/14, 87
AUD 2/3/14, 90
BEC 4/1/14, 88
REG 5/27/14, 94

Licensed CPA, Indiana

"Successful people do things that unsuccessful people don't want to do"

[taxguy17]

@Lindrobe

Going through the material, I feel like it's pretty simple too. That's why I worried I'm missing something or not understanding the material the way I need to.

BEC - 84
REG - 86
AUD - 92
FAR - 90

[Lindrobe]

taxguy17, judging by your other scores, I would be willing to bet you are not missing anything. I think it is the simplest material and the easiest of the 4 sections.

FAR 12/3/14, 87
AUD 2/3/14, 90
BEC 4/1/14, 88
REG 5/27/14, 94

Licensed CPA, Indiana

"Successful people do things that unsuccessful people don't want to do"

[Smashbox20]

Most of the exam material is pure memorization, from what I have seen in my studies. Pertaining to the material directly related to audit testing, I would say to always ask yourself first, “What relevant assertion am I testing?” If you know your assertions and the direction of testing that would validate said assertion, you should be fine. Good luck!

FAR: Passed
REG: Passed
BEC: Passed
AUD: Passed

[Author]

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