1. 

   sacredtheory
   

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   Member

   I'm dumbfounded as to why I'm struggling so much with this particular AUD topic; it's my only weakness. I failed my first time, and realized it was a weakness, so I hammered through the Wiley questions several times and felt pretty good about my progress.

   I recently started using the CPAExcel test bank, and the reporting section is kicking my arse. I'm feeling dumb all of the sudden.

   I feel pretty good about the individual elements (unqualified, disclaimer, GAAP departures, etc), so I think my issue is I get confused/struggle when individual elements are thrown together. For example (this isn't a specific question I encountered, just something off the top of my head)...When auditing nonissuer comparative FS and a GAAP departure is encountered...

   So right away my mind will start racing as to which of those elements I need to focus on first (nonissuer vs. comparative FS vs. GAAP departure).

   Any tips? My head hurts, make it stop!

   BEC: Passed
   AUD: Passed
   REG: 05/12
   FAR: 08/12
   
   Jared

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   Posted 4 months ago #
2. 

   mla1169
   

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   do you have the ninja notes? They REALLY saved me on AUD.

   FAR- 77
   AUD -49, 71, 84
   REG -56,75!
   BEC -75
   
   If I can do this, YOU can do this! Hang in there :)

   Posted 4 months ago #
3. 

   Yvonne570
   

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   Member

   I love your subject. LOL:)

   Anyways, was also scared with the different reporting requirements and reading and going through Becker review wasn't enough so I went out and typed the reports myself.

   Report 1 - unqualified
   Report 2 - unqualified modified (w/explanatory)

   Non issuer is a good way to start, then there's slight different wording when it comes to issuers. Typing helps me to retain in this area. I'm hands on and can only work this hands on.

   Now as far as opinions, you will notice the differences as you type between positive and negative assurance. Reports are very big in this section as you probably already know.

   If you need any specific assistance, please post and we will help ---- you are not alone:)

   AUD - Passed:)
   FAR - Passed:)
   REG - Retake TBD
   BEC - Missed by 3 points Retake TBD

   Posted 4 months ago #

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