AUD – Tickmarks? I'm stumped

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  • #189034
    Anonymous
    Inactive

    I’m really confused on tickmarks. I cannot find any AUD sims for Tickmarks. I really need the practice. Help?

Viewing 7 replies - 1 through 7 (of 7 total)
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  • #610938
    Anonymous
    Inactive

    I'm not sure how to answer this; when I was studying for AUD, I don't remember tickmarks being covered, nor ever having to answer a question about them or any Sims. Same with the exam.

    If anything, know that tickmarks are used to identify and explain issues, so another accountant can see exactly how the audit opinion was reached based on procedures performed.

    Each firm and each auditor uses different tickmarks. When Disney was being audited years ago, the tickmarks were outlines of Disney characters. There's no standard set of tickmarks.

    Focus your studies elsewhere, lad!

    #610939
    Anonymous
    Inactive

    Thank goodness, I've been struggling big time on the ticks on the Wiley sims.

    #610940
    Anonymous
    Inactive

    Thanks for letting me know. I'm using Roger, and really there is a paragraph about tickmarks and that is it.

    My only problems I've honestly seen are the flowcharts that deal with Internal Controls and Sims that deal with procedures or “real-world” criteria (never done auditing in real life), and of course some of the auditing procedures for evidence.

    #610941
    Anonymous
    Inactive

    “There is a paragraph about tickmarks and that is it.”

    Precisely. Won't be on the exam.

    #610942
    Anonymous
    Inactive

    My advice with the flowcharts- look at which icons are identified, and try to find a trend in which symbols are used for different categories. You don't need to understand the flowchart to be able to identify a trend or pattern.

    #610943
    Anonymous
    Inactive

    Thanks, once I finish up this MCQ, I'm going to redo all the Sims again, then hopefully pass the exam on Tuesday!

    #610944
    Anonymous
    Inactive

    Thanks, once I finish up this MCQ, I'm going to redo all the Sims again, then hopefully pass the exam on Tuesday!

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