AUD – Understanding Procedures and Evidence

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  • #188593
    alecia18210
    Participant

    Hi All, I failed audit with a 70 few months ago and most recently failed with a 72. Per the report, I was stronger in Understanding the Engagement, Understanding the Entity and Professional Responsibilities. I was weaker in Procedures and Evidence and Accounting and Review Services. I knew beforehand that Procedures and Evidence is my weak area in both exams. I am studying for BEC at the moment and will retake Audit in Mid November. Can you share any tip, source on how to best learn the audit evidence and procedures. I use Roger, Wiley Book, Ninja Audio and will get the MCQ.

    I know the procedures are Inquiry, Confirmation, Observation,Reperformance, Recalculation, Examination and Analytic Procedure. I know for disclosure, balance and transaction the variation of: Classification, Understandability, Allocation/Valuation, Existence, Occurrence, Rights/Obligations, etc

    Thanks in advance for sharing !!!

    Roger CPA Review + Ninja Audio + Wiley Test Bank+Ninja MCQ

    FAR PASSED 7/14
    AUD 72(2x)- 8/2014, Rematch 04/15
    REG 02/2015
    BEC 06/2015

    "I can do all things through Christ Jesus who gives me strength". Philippians 4:13

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