[Srednas12388]

I was just curious what the difference was between the AU and AU-C on the Audit research tab questions. Sometimes I find something that fits exactly what I am looking for in the AU section and Becker tells me that the correct answer is and AU-C tab.

Since then in my review I have only been searching for answers that begin with AU-C.

I have heard a few different things, that AU is for Issuers and AU-C is for Nonissuers. And others saying that AU-C was being used during 2013 to differentiate new standards from the existing AU standards, and that now in 2014, everything is combined and it reverts back to AU.

I guess the bottom line is, which should I use as an answer on the CPA exam? Does anyone know what the actual difference is or have any insight into this? I am taking audit tomorrow and would hate to lose points this way.

Any help is much appreciated! Thanks!

[sailorangel59]

AU-C are the clarified Auditing Standards. According to the AICPA, the “-C” is being used to differentiate between the old and new standards. As of 2014 for the test I was taught that you should just use the AU-C, as those are the current standards and the old AU will soon be vacated out of the codification but not in time to account for the test.

[sailorangel59]

AU-C are the clarified Auditing Standards. According to the AICPA, the “-C” is being used to differentiate between the old and new standards. As of 2014 for the test I was taught that you should just use the AU-C, as those are the current standards and the old AU will soon be vacated out of the codification but not in time to account for the test.

[Kimboroni]

I'll just say that what I thought would be there was not there, but that I didn't have to choose between one or the other (AU vs. AU-C) anyway. There was only one option. So don't waste efforts thinking about that.

AUD 84 (1/9/14-Wiley books/TB + free materials)
FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

[Kimboroni]

I'll just say that what I thought would be there was not there, but that I didn't have to choose between one or the other (AU vs. AU-C) anyway. There was only one option. So don't waste efforts thinking about that.

AUD 84 (1/9/14-Wiley books/TB + free materials)
FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

[sailorangel59]

As a heads up, my auditing exam still listed both AU-C and AU and I took mine on the 1st of Feb this year. The AU-C as per the AICPA should be converted to the AU by 2014 (and the old AU should be gone), but the test is a bit behind so it will still list the AU-C.

[sailorangel59]

As a heads up, my auditing exam still listed both AU-C and AU and I took mine on the 1st of Feb this year. The AU-C as per the AICPA should be converted to the AU by 2014 (and the old AU should be gone), but the test is a bit behind so it will still list the AU-C.

[Kimboroni]

That's weird– your AL had both the AU and AU-C available for your research? Mine only had one of them, so I didn't have to choose one or the other.

AUD 84 (1/9/14-Wiley books/TB + free materials)
FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

[Kimboroni]

That's weird– your AL had both the AU and AU-C available for your research? Mine only had one of them, so I didn't have to choose one or the other.

AUD 84 (1/9/14-Wiley books/TB + free materials)
FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

[jeff]

I had a conversation with Denise @ Kaplan yesterday … here is her blog article about this:

https://www.schweser.com/cpa/blog/4826

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

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

[jeff]

I had a conversation with Denise @ Kaplan yesterday … here is her blog article about this:

https://www.schweser.com/cpa/blog/4826

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

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

[Author]

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