I am currently studying for AUD. I recently started a staff position working for a small/medium sized public accounting firm. Due to the small size of the firm, I have the ability to work on both tax and audit projects.
I'm anxious to learn more about the process to assist with my work and studying, but I'm having trouble grasping the Becker lectures.
Those that have completed AUD while working. Are there any projects/work you would recommend me to get involved doing to help the AUD subject matter go full circle to prepare for the exam?
Reviews and compilations along with the audits. Going through those checklists and understanding what to look out for is helpful. Not sure your firm's process, but if you can access engagement letters and what not to see form (or even prepare before it gets sent to clients) that would be helpful too.
Experience: Big 4/Public (Audit) --> Private --> Public (Taxation/Consulting)--> Private
AUD - Passed! (3/4/17)
FAR - 9/10/17 (Bombed horribly - don't get cocky and try to cram in 2 weeks guys!) - retake first quarter '18
My audit work experience helped with knowing what goes in the letters, the format, wording, opinion, etc. I had to write so many of those at work that I had them memorized. Fast forward 2 years when I took the CPA exam for aud and I didn't need to study those portions much.