Need help with AUD evidence

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  • #191006
    Anonymous
    Inactive

    I am restudying all of the material, and I have a very hard time with Module 4: Responding to Risk Assessment: Evidence

    Accumulation and Evaluation for Wiley. When I read through this section, it seemed all right. But as I started doing Wiley Test Bank questions in this category, my results were horrible, less than 33%. How can I improve upon this topic?

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  • #636111
    merrimack66
    Member

    Keep at it. I'm actually going through the same chapter this week. I struggled with this the first time around on AUD, but it is now soaking in more after going through the material and questions a couple times around now. A couple things that helps are (a) paying attention to what the question is asking. They often throw answers in there that are conceptually right, but don't answer the question. With me, it has taken me a bunch of reps to finally get used to this. Also, (b) read/review the answers in Wiley after going through the questions. It takes longer than simply checking your answers against the answer key, but they do provide solid details as to why the answer is what it is.

    AUD - 85 (1/15)
    BEC - 81 (11/14)
    FAR - 75 (4/15)
    REG - 75 (7/15)

    #636112
    Anonymous
    Inactive

    As merrimack66 says, work to understand the principle being tested in the question. Study the answer rationales closely. The rationale will help you understand what the central point of the question is, why the software's correct answer is the best answer, and (sometimes) what the other answers lacked. After a few times it will begin to click.

    #636113
    y_u_no_pass
    Participant

    If this is the stuff on like consistency and valuation and completeness, it is the one thing my audit class actually taught me. The key here is to think about the underlying account and flow of transactions. Then think “If I was auditing this what would I be most concerned with?” If it is an audit procedure, you may be able to see how it COULD satisfy more than one requirement. But you have to choose the BEST one. I think if you think about them, and then practice a bunch, it will eventually come to you. If you practice enough questions you will start to get a sense of what that best answer is.

    Florida CPA!
    Took final exam 2/25/15.
    Sent in Application 3/12/15.
    Issued License 3/20/15.
    Used CPA Excel solely for all exams.

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