Audit Tips Please

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    Topic
  • April 15, 2014 at 4:45 pm #184948
    Jordan23cc
    Participant

    Hello everyone,

    I am pretty stressed out about audit. Does anyone have any tips or advice? I would really appreciate the help!

    F - 2/15/2014 - 85
    B - 2/26/2014 - 88
    R - 4/1/2014 - 83
    A - 4/21/2014 - 95

    Licensed CPA in TX

    I can do all things through Christ who strengthens me.

Viewing 10 replies - 1 through 10 (of 10 total)
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  • April 15, 2014 at 8:47 pm #544312
    Jordan23cc
    Participant

    I could really use some tips.

    F - 2/15/2014 - 85
    B - 2/26/2014 - 88
    R - 4/1/2014 - 83
    A - 4/21/2014 - 95

    Licensed CPA in TX

    I can do all things through Christ who strengthens me.

    April 15, 2014 at 8:47 pm #544334
    Jordan23cc
    Participant

    I could really use some tips.

    F - 2/15/2014 - 85
    B - 2/26/2014 - 88
    R - 4/1/2014 - 83
    A - 4/21/2014 - 95

    Licensed CPA in TX

    I can do all things through Christ who strengthens me.

    April 15, 2014 at 11:17 pm #544314
    Kimboroni
    Member

    Anything specific you need tips on?

    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. 🙂

    April 15, 2014 at 11:17 pm #544336
    Kimboroni
    Member

    Anything specific you need tips on?

    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. 🙂

    April 15, 2014 at 11:32 pm #544316
    Jordan23cc
    Participant

    Just what to expect and anything important to look at. Any advice in general you have would be great!

    F - 2/15/2014 - 85
    B - 2/26/2014 - 88
    R - 4/1/2014 - 83
    A - 4/21/2014 - 95

    Licensed CPA in TX

    I can do all things through Christ who strengthens me.

    April 15, 2014 at 11:32 pm #544338
    Jordan23cc
    Participant

    Just what to expect and anything important to look at. Any advice in general you have would be great!

    F - 2/15/2014 - 85
    B - 2/26/2014 - 88
    R - 4/1/2014 - 83
    A - 4/21/2014 - 95

    Licensed CPA in TX

    I can do all things through Christ who strengthens me.

    April 16, 2014 at 3:41 pm #544319
    Kimboroni
    Member

    As you review your materials and the different subject matters, try to think what lends itself better to being a SIM and what lends itself better to being covered on an MCQ. Subjects that don't make good SIMs are likely to be heavily tested in the MCQs.

    Leave enough time for SIMs. They make up 40% of your score. I think I allocated 1.5 hours toward the SIMs and ended up with about 40 minutes left.

    Read each question carefully. One missed or misread word can make a huge difference.

    Brush up on some basic accounting entries and ratios (FAR material), as auditors need to be able to give clients adjusting and correcting journal entries and the like.

    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. 🙂

    April 16, 2014 at 3:41 pm #544341
    Kimboroni
    Member

    As you review your materials and the different subject matters, try to think what lends itself better to being a SIM and what lends itself better to being covered on an MCQ. Subjects that don't make good SIMs are likely to be heavily tested in the MCQs.

    Leave enough time for SIMs. They make up 40% of your score. I think I allocated 1.5 hours toward the SIMs and ended up with about 40 minutes left.

    Read each question carefully. One missed or misread word can make a huge difference.

    Brush up on some basic accounting entries and ratios (FAR material), as auditors need to be able to give clients adjusting and correcting journal entries and the like.

    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. 🙂

    April 16, 2014 at 6:59 pm #544321
    Jordan23cc
    Participant

    @kimbroni thanks!

    F - 2/15/2014 - 85
    B - 2/26/2014 - 88
    R - 4/1/2014 - 83
    A - 4/21/2014 - 95

    Licensed CPA in TX

    I can do all things through Christ who strengthens me.

    April 16, 2014 at 6:59 pm #544343
    Jordan23cc
    Participant

    @kimbroni thanks!

    F - 2/15/2014 - 85
    B - 2/26/2014 - 88
    R - 4/1/2014 - 83
    A - 4/21/2014 - 95

    Licensed CPA in TX

    I can do all things through Christ who strengthens me.

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