AUD is conceptual or Memorization

  • Creator
    Topic
  • #1406088
    Wannafree
    Participant

    Hi AUDGurus
    I am curious to know if AUD section is considered more of conceptual or one need to memorize Audit questions answers ? Should I remember lot of acronyms and questions or focus on understanding the concepts from ( Roger’s or Becker’s ) ? Any other ideas ,tips or suggestion for AUD are welcome.Please share your experience and suggestions.

    WannaB
Viewing 8 replies - 1 through 8 (of 8 total)
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    Replies
  • #1406118
    tg7174
    Participant

    It feels more conceptual to me with a little memorization. The things I would memorize have to do with the reports and the engagement letter, but it mostly seems like if you understand what the purpose of each service is, then you can infer what you need to do.

    AUD 83
    BEC 78
    FAR 78
    REG 74, 79
    #1406154
    N4
    Participant

    I feel like it is more conceptual. Of course there are topics that you must memorize, ie sampling, transaction cycles, etc. but I feel like having an overall understanding of the audit process and truly understanding the steps really helps since the topics build off each other. I feel like memorizing the basic auditors report or knowing it really well helped me. That is sort of like your cheat sheet of the entire audit process and aids in your understanding of the sequential procedure of an audit.

    AUD - 90
    BEC - 81
    FAR - 76
    REG - 88
    Difficult roads often lead to beautiful destinations.

    FAR DONE -Becker

    REG DONE -Becker, Ninja Audio/Notes

    AUD DONE- Becker

    BEC DONE- Becker

     

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    #1406247
    Wannafree
    Participant

    Thanks tg and NNA . Your input is greatly appreciated

    WannaB
    #1406517
    bigcore20
    Participant

    You have to memorize stuff like audit reports and when to use paragraphs etc. Concepts are the assertions and transaction cycles / internal control stuff. Sims are what gets people, very luck based. Hardest part to pass for sure, good luck!

    #1406576
    Cruzer
    Participant

    I think its more conceptual than memorization. There is simply a process to every attestation engagement and I definitely feel like having real life audit experience would help tremendously on this exam. If you understand everything from planning to reporting, audit isn't really that tough. The toughest parts of studying for the exam has been the underlying concepts of transaction cycles, internal controls and sampling. These are just my thoughts.

    “There is no elevator to success. You have to take the stairs.” -Anonymous

    • AUD - PASSED (Q1 2017)
    • BEC - PASSED (Q3 2016)
    • FAR - PASSED (Q2 2017)
    • REG - PASSED (Q4 2015)

     

    #1406603
    win2bet
    Participant

    memorization without a doubt, it may seem conceptual & easy, but it can easily trick you into thinking you passed without a shadow of a doubt after walking out of the exam, but it's the silent killer imo. Took me 3 tries to pass her, the tricks & mental gymnastics are something else with Audit.

    How happy am to be done with it

    ,

    REG 68,87
    BEC 85
    FAR 75
    AUD 64,64, 86!

    #1421957
    Anonymous
    Inactive

    Both – no doubt. First, you need to really know the conceptual aspects of various audits, attestations, etc, so you understand where exactly you are in the process (engagement acceptance, planning, fieldwork, review, etc). Then, Audit becomes brute memorization, but you still need to conceptually bring everything together. Just my 2 cents.

    #1422296
    Wannafree
    Participant

    @win2betmore you understood my situation , that's exactly I felt after exam and failed hence thinking of new approach.

    WannaB
Viewing 8 replies - 1 through 8 (of 8 total)
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