Audit Progession

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  • #191889
    Anonymous
    Inactive

    I am taking Audit this Sunday. For the past couple of days, I’ve been taking 100 question progress tests on Becker covering all 6 chapters. I am consistently getting above an 85% (usually 90% or better) on them, with my weakest chapter being A4. I know that’s my weakest area, so I plan on dedicating all of tonight and tomorrow looking that over.

    I am really worried about the SIMS. The ones on Becker just seem way too easy than what I’ll face on the actual exam. Should I do anything specific within the next 2 days to review for those?

    Thanks for the help.

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  • #645970
    Mjganier
    Participant

    In regard to SIMS, just know your stuff and make sure to use the AL when you can. I found two of my SIMS word for word in the AL. Practicing SIMS may help to solidify your understanding but you can't really gauge what they're going to ask you. Hammer out your weakest areas to the point where you have a decent understanding of it. Take your time on this exam as it can be really easy to fly through it. Make sure to read the question and all of the answers. With an 85%+ score on practice tests, you should do well.

    FAR 8/18/2014--87
    AUD 10/18/2014--78
    REG 11/24/2014--76
    BEC 2/28/2015--76

    "If you can't explain it simply, you don't understand it well enough"-Albert Einstein

    Study Mats: Cpaexcel study text and EQ, Ninja MCQ, Ninja notes

    #645971
    finan33
    Participant

    With consistently scoring that high on the MCQs, I think you'll rock that area. I would encourage you to be familiar with journal entries and how proposed journal entries would affect the balance sheet and income statement. Also be familiar with how errors found would affect the balance sheet or income statement (overstated or understated). I would also be super familiar with the assertions related to balances and transactions. I feel the likelihood of you getting a SIM or multiple SIMs based on the assertions is really high. Good Luck!!

    REG- 10/27/14 - 80
    AUD- 01/17/15 - 93
    FAR- 05/11/15 - 81
    BEC- 08/02/15 - 85

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