nailcpa
offlineMember
Hi everyone,
I will be giving the Audit section of the exam in two weeks and I did not have the $$ to purchase an updated review course so I have been using 2010 material :( If anyone could help me with some notes ANY notes on IFRS for the Audit and share their notes on IFRS audit that would be amazing....please help this poor fellow-cpa-taker :(
Jeff - another71.com
offlineadmin
Ninja notes cover that, fyi.
katiekanton
offlineMember
Jeff, do you think there's any way you could show a "preview" sample of what the Ninja notes look like, i.e. one page of them as a link in the store? I'll be honest, when I saw "90 page PDF" I thought "I just can't do another 90 pages" but it's possible that the information isn't as dense as I'm expecting.
AshleyCap
offlineMember
hey Katie - I have the Ninja notes for both FAR & AUD and they aren't as dense as you're thinking! it's basically an outline and it's not like how I would take notes (basically writing down every single thing so that I don't "forget" it... as if every "the" and "and" is necessary....) I just took FAR and will be sitting for AUD at the end of this month and I like that the notes are an outline of what I need to know.
Zaiitz3
offlineMember
@AshleyCap, when you say outline, you mean it's more than just "you need to know the difference between a qualified and an unqualified report" right..... It does tell you more than that... right?
Zaiitz3
offlineMember
@nailcpa, so far, from what I've encountered (and someone can correct me if I'm wrong), ISA requires management to take more responsibility than US GAAS does on a general basis within the reporting of their financial statements. An example of this is that ISA's state that management must assess and assert the entity's own going concern, and the auditor must assess MANAGEMENT's assessment. US GAAS requires the auditor to assess the going concern of the entity. Additionally, within reporting, there is also a requirement that management must report to the auditor about its future plans (ISA). I feel like even though I have the updated information, I get only bits and pieces of the ISA's and the convergence that is planned.
Jeff - another71.com
offlineadmin
Zaiitz3 - if you buy the notes and regret it, I'll give you your $$ back no questions asked...consider it a risk-free purchase. - Jeff
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