[Mike J]

Hello all,

Chalk it up to Mike’s Law (Murphy didn’t know he had it so good), but I got a 74 on AUD last window. Now I have to retake it next Tuesday, along with BEC (74 last time as well). As a result I lost FAR from Sept 2014. I did pass REG, so I basically swapped it for FAR. 1 more point on each exam and I’d be done. Curses!!! But, I digress.

Anyway, I was wondering if you had any tips for studying for the new simulation type.

I found this pretty useful breakdown of the AICPA sample here: https://www.youtube.com/watch?v=nvMzbHdP00w

But, which other documents do you think we should be comfortable with? I was thinking a flowchart. I’m not too TOO familiar with them; I know the symbols and more importantly the general flow of Sales, Vouchers Payable, Inventory.

I’d appreciate any tips you have. I plan on doing a full review (no new stuff) on Sunday afternoon.

Thanks

AUD - 90
BEC - 79
FAR - 77
REG - 77

They don't trust JUST ANYBODY to count beans

[monikernc]

take the AICPA practice exam. it will have one DRS sim to give you an idea of they are presented and what needs to he done to complete it.
spend a little time looking at the actual standards online at AICPA – read through one to get an idea of they are organized and presented. you can google them. use the clarified only.

AUD - 93
BEC - 82
FAR - 76
REG - 88

How have you been?
Ninja book and MCQs and the forum, all first try! 2016
Licensed State of Montana April Fool’s Day 2020
State of Colorado June 2020 - AICPA Ethics 93
Experience was the worst part of the journey for me. You?
If you want things to change you have to do something different.

FAR 7/25/15 76!
AUD 10/30/15 93
BEC 2/27/16 82
REG 5/23/16 88!
Ninja Book and MCQ and the forum - all the way!!!
and a little thing i like to call, time and effort!
if you want things to change, you have to do something different

[Mike J]

@Monikernc,

I took the sample exam. In fact, I linked a video that breaks that down.

My question tho is which other documents should we be familiar with–aside from the document request letter the AICPA used as their example SIM. How should we study those documents.

Thanks.

AUD - 90
BEC - 79
FAR - 77
REG - 77

They don't trust JUST ANYBODY to count beans

[RE2PECT]

The practice ones on Roger include a draft Balance Sheet and Income Statement. It also includes a company profile, a memo from an associate to the engagement partner regarding fieldwork results, and minutes from a Board of Directors meeting. You never know what kind of documents will be included so you really can't study them. You just have to read through them and get an idea of what's being asked. It's important to give yourself enough time for the sims because ones like these can take a while.

I took AUD last week and got a sim that I think was a DRS, but it wasn't formatted the same way as the AICPA practice exam.

"Luck is what happens when preparation meets opportunity."

Roger & Ninja

FAR: 75
AUD: 73, 81
BEC: 71, 73, 82
REG: 68, 82

FAR: 75 Roger & Ninja (notes/flashcards/audio/MCQ)
AUD: 73, 81
BEC: 71, retake 8/29
REG:

[Mike J]

@Re2pect,

No, I know you can't know for sure what they'll test. I was curious if there were documents I should try to review. You're right, of course.

I definitely try to budget myself about 30 mins per Multiple-Guess section so I have 90 minutes for the SIMS.

I don't have Roger, I just use NINJA materials (wink wink, nudge nudge Jeff).

AUD - 90
BEC - 79
FAR - 77
REG - 77

They don't trust JUST ANYBODY to count beans

[Trele6]

I thought the AUD DRS I just had was pretty easy. Seemed pretty straight forward to me. Actually all of my AUD sims were very easy.

B - 80 Jun16
A - 74 Aug16, 77 Oct16
R - 87 Nov15
F - 79 Apr16
Ethics - 98 Nov16
Licensed in New Mexico Dec16

First go at the CPA! Only using Becker
Reg / Nov 2015 - 87
Far / Apr 2016 - 79
Bec / May 2016 - 80
Aud / Aug 2016

[Mike J]

I actually dodged the bullet. BUT, studying for it helped me with the exam overall. eg. go from the trial balance, see what variance seems too extreme, think about what is the missing link, etc. It's funny how life works.

AUD - 90
BEC - 79
FAR - 77
REG - 77

They don't trust JUST ANYBODY to count beans

[Author]

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