how to identify clarified standard vs old standard in AL ***** AUD

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  • #190263

    i got the correct answer but JEFF says if you selected 336.16 the answer is wrong. how can you differentiate this in exam?

    AU-C 620.15 states, “If the auditor makes reference to the work of an auditor’s external specialist in the auditor’s report because such reference is relevant to an understanding of a modification to the auditor’s opinion, the auditor should indicate in the auditor’s report that such reference does not reduce the auditor’s responsibility for that opinion.”

    Note: The clarified standards are now the correct standards. If you selected AU 336.16, you selected the old standard, which has been superseded.

    Simulation #68

    BEC Passed
    FAR Passed
    AUD Passed
    REG Passed

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  • #619635
    ruggercpa2b
    Participant

    The new standards are AU-C

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    AUD - 1/6/18
    FAR - TBD
    REG - TBD
    BEC - TBD

    AUD - 73, 72 retake 7/2/2016
    BEC - 8/20/2016
    REG - TBD
    FAR - TBD

    I am so ready for this nightmare to be over. Been at this way too long.

    #619636

    Thank you

    BEC Passed
    FAR Passed
    AUD Passed
    REG Passed

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