AUD Study Group Q4 2018

CPA Exam Review CPA Exam Forum AUD AUD Review AUD Study Group Q4 2018

This topic contains 82 replies, has 62 voices, and was last updated by  Jingwen 5 days, 2 hours ago.

Viewing 30 posts - 31 through 60 (of 83 total)
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  • #1999178

    jdahl
    Participant

    1. Exam date November 5th (remember, remember)
    2. Internal Controls for sure
    3. Audit Evidence / Assertions

    AUD - NINJA in Training
    BEC - 63
    FAR - NINJA in Training
    REG - NINJA in Training
    Don't waste a failure
    #1999199

    Anonymous

    1. Approximate Exam Date: Early November
    2. Topic you're most comfortable within this exam section – Sampling and audit procedures
    3. Topic you're weakest in / worries you the most – Audit reports

    #1999238

    SheilaJA
    Participant

    1. Approx exam date (Late October, mid-November, etc) : December 10th
    2. Topic you're most-comfortable within this exam section: Reviews & Comps
    3. Topic you're weakest in / worries you the most: Everything else

    #1999241

    Taylor
    Participant

    1. Approx exam date (Late October, mid-November, etc): 12/8/18
    2. The topic you're most-comfortable within this exam section: Forming Conclusions and Reporting
    3. The topic you're weakest in / worries you the most. – The Sales-Receivables-Cash Cycle, and further procedures.

    #1999352

    JonK34
    Participant

    Hello.

    I am taking the AUD exam November 1st, 2018.
    Topic most comfortable: Audit Engagement and Acceptantance.
    Topic weakest in: Audit Reports.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - 77
    REG - NINJA in Training
    FAR- 77 (Took Sept 5, 2018)

    AUD- Taking Nov. 1st 2018

    #1999451

    Anonymous

    Approx exam date : November 16
    Topic you're most-comfortable within this exam section: Assertions
    Topic you're weakest in / worries you the most: Audit Report

    #1999781

    Anonymous

    Clint

    Participant
    1. Approx exam date (Late October, mid-November, etc) – OCT. 28th
    2. Topic you're most-comfortable within this exam section – Issuing Opinions
    3. Topic you're weakest in / worries you the most. – Transaction Cycles

    #2000201

    Akambacpa
    Participant

    1. Approx exam date – Late October
    2. Topic I’m most comfortable with – Internal Controls
    3. Topic that worries me the most – Evidence

    #2001080

    Anonymous

    1. Approx exam date: (Late December)
    2. Topic you're most-comfortable within this exam section: Risk, evidence & sampling
    3. Topic you're weakest in / worries you the most: Audit report formats

    #2004332

    cody
    Member

    1. Approx exam date (Late October, mid-November, etc) : December 10th
    2. Topic you're most-comfortable within this exam section: Risk assessment and evidence
    3. Topic you're weakest in / worries you the most: Assertions and transaction cycle

    #2005085

    LSU Crystal
    Participant

    Hello fellow NINJAs!

    I'm set to retake AUD on October 30. I got a 66 on my first try and honestly I was surprised. I felt prepared and wasn't nervous like I usually am. When I got the score notice, the candidate performance section on the back showed I was comparable to passing candidates in the Performing Further Procedures and Obtaining Evidence content area. I was also comparable in Simulations. I looked at simulations the day before and had been doing MC for 2 straight weeks. So I gave myself a day to mourn and signed up the next day to retake!

    Based on my results, I guess I am most comfortable with Internal Control and Sampling.

    I feel I am weakest in Reporting. My opinion is that the AICPA is constantly trying to trick the candidate. I know I need to make sure I understand which report the question is referring to. Basically, I need to slow down when reading the MCQ.

    I'm on the clock having passed FAR in June 2018. Good luck to everyone!

    AUD - 80
    BEC - 73
    FAR - 76
    REG - NINJA in Training
    Slow but steady wins the race!
    #2005169

    kram
    Participant

    1. Approx exam date: Last week of October
    2. Topic you're most-comfortable within this exam section: Audit reports
    3. Topic you're weakest in / worries you the most: Sampling

    #2005526

    CPA_Sauce
    Member

    1. Approximate Exam Date: Mid November
    2. The topic I am most confident with is Auditors' Reports.
    3. The topic that worries me most is Internal Control.

    #2005601

    Anonymous

    1. Exam date – Nov 16th 2018
    2. Topic you're most-comfortable within this exam section – Internal Controls
    3. Topic you're weakest in / worries you the most – Ethics and Task based simulations overall

    #2005736

    Ryan
    Participant

    1. Exam date – October 27th 2018
    2. Topic you're most-comfortable within this exam section –Ethics, Professional Responsibilities, and General Principles
    3. Topic you're weakest in / worries you the most – Audit Evidence: Concepts and Standards

    #2006711
    Crownvetch
    Crownvetch
    Participant

    Hello everyone
    I am taking the AUD exam: Mid Oct, 2018.
    Topic most comfortable: audit report, Sampling
    Topic weakest in: Assertions and transaction cycle

    AUD - 76
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - 80
    BEC - TBD 2019

    FAR - Dec 2018

    #2008247

    Anonymous

    1. Approx exam date – Mid-Late October
    2. Topic you're most-comfortable within this exam section – Reports (wording & opinions)
    3. Topic you're weakest in / worries you the most – Worried about the whole test, I can't seem to get pass high 60s. Not to mention pressure is on because I'm losing BEC in December and still have to take FAR as well. Hoping this is my last time I sit for AUD!

    #2008346

    Dan
    Participant

    Hello everyone!!
    1. December 2018!
    2. Topics most comfortable with – I have not quite started studying yet, but probably ethics
    3. At the moment.. weakest is probably all of them!

    AUD - NINJA in Training
    BEC - 88
    FAR - 95
    REG - 92
    .
    #2008355

    Anonymous

    Approx exam date: November 8
    Topic you're most-comfortable within this exam section : None
    Topic you're weakest in / worries you the most; Transaction Cycles and Assertions

    #2008652

    derek
    Participant

    1. Approx exam date (Late October, mid-November, etc): Late Nov
    2. Topic you're most-comfortable within this exam section: Auditor's reponsibility
    3. Topic you're weakest in / worries you the most: audit report memorization

    #2008841

    KBoca
    Participant

    1. Approx exam date (Late October, mid-November, etc): Late November
    2. Topic you're most-comfortable within this exam section: Auditor's/Management Responsibility
    3. Topic you're weakest in / worries you the most: Everything else!

    #2008955
    KJ
    KJ
    Participant

    1. Approx exam date – Mid December 2018
    2. Topic you're most-comfortable within this exam section – Engagement/Internal Control
    3. Topic you're weakest in / worries you the most – Audit Sampling/Auditing and IT

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    "Everything should be made as simple as possible, but not simpler" - Albert Einstein
    #2010920

    jeff
    Keymaster

    Winners announced – thank you everyone for participating and thanks for being part of the study groups:

    https://www.another71.com/cpa-exam-forum/topic/announcement-big-study-group-giveaway/#post-2010899

    #2012006

    lucblayne
    Participant

    Early Nov
    Strong point: Review. Audit Report.
    Weak Point: audit evidence procedures.

    #2018621

    tracey.lippman
    Participant

    Exam Date-December 1,2018
    Topic Most Comfortable: None of them
    Topic weakest in: Not so much a topic as the type of questions. I do very poorly on the analysis test questions. There seems to be a lot more interpretive “most likely”/”least likely” types of questions in the test samples.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - 88
    REG - NINJA in Training
    Tracey
    #2018633

    tracey.lippman
    Participant

    Is anyone using Wiley to study for audit? I used it for FAR and felt like the information really did prepare me for the exam. This time around I am feeling a little in the dark taking the lesson practice quizzes, especially with the interpretive questions. After every lesson I always feel like I need more examples or just more information in general. After reading each one, I feel like I understand the material only to not be able to fully apply it to the questions. It is like I am missing an audit 101 summary of what the basics are that Wiley just skipped over. I think I am going to need to do a lot more practice questions to pass this one.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - 88
    REG - NINJA in Training
    Tracey
    #2018936
    Globetrotter
    Globetrotter
    Participant

    Hi Tracey,
    I also started studying for AUD using Wiley book. I did all the multiple choice questions (I have 2017 edition). I think Wiley book kind of created a “skeleton” for my knowledge. At least when I see the AUD question, I can say: “I saw this topic somewhere”.
    I am supplementing it with Ninja package. I watched all Ninja Plus videos. Bob is amazing for AUD as he was for FAR. He really gives us a foundation. I also “listen” for Bob's Hot Spot videos when I go for a run. There are no slides accompanying Hot Spot videos, so it's practically a podcast.
    Now, I am working through Ninja MCQs. If I do not know the answer, I try to find it in Wiley book. It usually works.
    You passed “the beast” with 88. I think, you will do just fine on the AUD. 🙂

    AUD - 94
    BEC - NINJA in Training
    FAR - 87
    REG - NINJA in Training
    BEC - 02/2019

    AUD - 94 (11/2018)

    REG - TBD

    FAR - 87 (08/2018)

    #2018975

    tracey.lippman
    Participant

    Gobetrotter, that is exactly how I feel working through the Wiley for Audit. It is a “Skeleton” knowledge. I didn’t have to supplement with any other program for FAR but I think I’m finding audit may be my weakness. I don’t take my test until Dec1 so I may give Wiley another month and then supplement with Ninja if I still feel unprepared.
    I see you also passed FAR with a solid score recently! Congrats!! It really was a beast

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - 88
    REG - NINJA in Training
    Tracey
    #2019005
    Globetrotter
    Globetrotter
    Participant

    Thanks, Tracey.
    You are right. I feel as if Auditing requires different part of brain that, somehow, in my case, is taking a vacation. I was looking at AICPA-released questions. And, while, “moderate” questions a very easy, I am having problems with “hard” ones. I can always narrow it down to two choices, and then, without fail, I always pick the wrong one. 🙁

    AUD - 94
    BEC - NINJA in Training
    FAR - 87
    REG - NINJA in Training
    BEC - 02/2019

    AUD - 94 (11/2018)

    REG - TBD

    FAR - 87 (08/2018)

    #2019017

    tracey.lippman
    Participant

    Haha I am so glad I am not alone here. The “most likely/least likely” questions kill me. I really went into this thinking I had it in the bag after passing FAR (and seeing how much smaller this book was!!). My confidence has taken a hit with these questions though. My brain also just does not comprehend them efficiently. I also fear for time on this one because even if I get it right it takes me forever to sit there and think through all of the options.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - 88
    REG - NINJA in Training
    Tracey
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