[jeff]

Beginning in 14Q1, the extant standards (AUs) will no longer be tested on the AUD section of the Uniform CPA Examination.

Background:

The clarified U.S. Auditing Standards (the AU-Cs), issued by the Auditing Standards Board in 2012, are effective for audits of financial statements for periods ending on or after December 15, 2012. These clarified standards became eligible for testing on the Uniform CPA Examination beginning in 13Q3. At present, the pre-clarified standards, otherwise known as the extant standards (AUs), remain in effect and are also eligible for testing on the Uniform CPA Examination.

On January 1, 2014, the AICPA plans on suspending publication of the extant standards (AUs). This follows the normal timeline, where publication is stopped approximately one year after a new standard is issued. Beginning in 14Q1, the extant standards will no longer be tested on the CPA Exam. The clarified U.S. Auditing Standards (AU-Cs) will remain eligible for testing.

https://www.another71.com/2014-cpa-exam-changes-aud-clarity-standards/

AUD - 79
BEC - 80
FAR - 76
REG - 92

Jeff Elliott, CPA (KS)
NINJA CPA | NINJA CMA | NINJA CPE | Another71

[peetree]

I really chose the best time to take this AUD exam.

Some sort of masochist I suppose, although, aren't we all?

FAR 02/21/13 - 95
REG 07/02/13 - 87
AUD 08/02/13 - 94
BEC 08/30/13 - 85
Ethics Exam - 90

Illinois candidate awaiting his license

Used Becker Self Study | Ninja Audio | Becker Flash Cards | Ninja Notes | Wiley Test Bank

[Anonymous]

But I don't see a mention of PCAOB adopting the new auditing stadards on their website. So does this mean for issuers you need to know old AUs dressed up as PCAOB? This means you can still be tested on the Old stds just then they will be called PCAOB.

I am just trying to make sense of this.

[Anonymous]

Do the Clarity Standards only affect FS audits, or do they also affect the reports of other nonissuer engagements?

[littlenumberrobot]

Dizzy- it only affects audit standards. SSARS remains unchanged for other engagements.

CA CPA - All because of the journey listed below
-----------------------------------------------------------------------
FAR - 53('10), 8/25/12 79 PASSED!
REG - 66('11), 69('12), 12/06/12 77 PASSED!!
BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

(Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

Ethics 90%

[Anonymous]

Ok thanks!

I just realized I have to go back and really learn the old standards and I'm kind of freaking out. lol

[peetree]

Don't freak out at all Dizzy. Trust me 🙂 It isn't as big as it seems.

FAR 02/21/13 - 95
REG 07/02/13 - 87
AUD 08/02/13 - 94
BEC 08/30/13 - 85
Ethics Exam - 90

Illinois candidate awaiting his license

Used Becker Self Study | Ninja Audio | Becker Flash Cards | Ninja Notes | Wiley Test Bank

[Spur]

Taking AUD after FAR was a brilliant plan!

FAR - Bad Fail '11, Fail '12, Fail '13, PASS It's a miracle!
AUD - Fail, PASS!!!!!!!!!!!!!!!!!!!!!!!
BEC - PASS!!!!!!!!
REG - PASS!!!!!!!! And I'm done!

[Author]

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