Internal Control Operating Cycles

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    Topic
  • #168175
    mtaylo24
    Participant

    You know, the Revenue Cycle, Purchasing, Personnel Cycle etc. How heavy is this tested on the exam? Anyone know where I can get some better notes? Roger wasn’t thorough enough, Jeff Ninja Notes didn’t really touch on this at all, and Gleim was way too thorough (snoozeville). Can anyone advise on how I should handle this section?

    CPA (2017)

    REG:  75

    BEC:  76

    FAR:  77

    AUD: 78

     

    CMA (2019)

    P1: 380

    P2: 360

    AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
    REG - 55 (2/16) 69 (5/16) Retake(8/16)
    BEC - 71(5/16) Retake (9/16)
    FAR - (8/16)

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  • #331151
    Anonymous
    Inactive

    I wouldn't really try to memorize this info, but it would be beneficial to have a general understanding. The Wiley book does a great job of flowcharting all the cycles, and they give you lists of control deficiencies frequently tested on the CPA exam for each section. It's on sale on Amazon right now for $44 (normally $65).

    #331152
    mtaylo24
    Participant

    Duh….i own the 2011 Wiley book and didn't even think to look in there lol.. I completely ditched that book, but im finding that comparing the different material is helping me grasp these concepts, so i will definitely check out what Wiley has to say tomorrow. Thanks

    CPA (2017)

    REG:  75

    BEC:  76

    FAR:  77

    AUD: 78

     

    CMA (2019)

    P1: 380

    P2: 360

    AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
    REG - 55 (2/16) 69 (5/16) Retake(8/16)
    BEC - 71(5/16) Retake (9/16)
    FAR - (8/16)

Viewing 2 replies - 1 through 2 (of 2 total)
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