Advice on tackling Audit

This topic contains 2 replies, has 3 voices, and was last updated by  Jimmy Dugan 3 months ago.

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  • #2261916
    Tiramisu McNuggets
    Tiramisu McNuggets
    Participant

    hey guys Ive moved on to audit after passing far. far was my first exam and im using becker. my audit class was a joke in college and now it makes me nervous. thisll be almost like im seeing the material for the first time honestly. any advice? my plan was 1 week per chapter (6chapters) ans 2 weeks of review. so total 8 weeks. i am working full time.

    FAR - 44, 76 (02/2019)

    AUD - 40, 70, (retake 07/2019)

    BEC - TBD (08/2019)

    #2261934

    GoCart
    Participant

    8 weeks should be plenty assuming you put in the 20 ish hours per week needed. The way I looked at audit was just as you said. A completely new subject. I started with the lectures and the book and followed along with the work out problems and such in the lectures. Then I would do “homework” for each of the sections. Then I would take “tests”. I used Roger which I loved and it was so easy to follow along on the path I mentioned above so I cannot speak for Becker but I'm sure it would work very well. Audit also piggybacks off of FAR especially in the SIMS so it is important to do a ton of MCQs and SIMs for practice to refresh your financial accounting memory and for practice on the more theoretical parts of Audit. Just be diligent and I'm sure you'll pass it! Good luck!

    FAR - 90  2/2019

    REG - 83  12/2018

    AUD - 84  12/2018

    BEC - 92  2/2019

    #2267097

    Jimmy Dugan
    Participant

    I didn't have a good audit experience in college either and beginning AUD study was like seeing the material for the first time. I studied for 2 months like you plan to do. The only suggestion I'd make is not letting each chapter take you an entire week. I'd spend 2 or 3 weeks going through the entire thing, then use the remaining weeks to review and do practice sets. Also don't skimp on Sims.

    AUD - 95
    BEC - 87
    FAR - 84
    REG - 90
    You're killing me Smalls

     

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