Audit – any calculation questions?

  • Creator
    Topic
  • #2210188
    Jennica
    Participant

    Next up for me is the Audit exam. Does AUD have any calculation questions, or is it all conceptual? Thanks.

    AUD - 86
    BEC - NINJA in Training
    FAR - 80
    REG - 88
    Jennica
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    Replies
  • #2210332
    terribletwenties
    Participant

    I would definitely make sure you know how to calculate materiality and how to do the calculations regarding sampling. I didn't get any questions around it but basic ratios are free game.

    #2211877
    Biff Tannen
    Participant

    MCQ's are 99% conceptual – but the simulations are an entirely different animal. Be ready to make calculations. The sims are easier than FAR sims, but its still no cake walk.

    AUD - 78
    BEC - 84
    FAR - 79
    REG - 85
    “An investment in knowledge pays the best dividends” - Benjamin Franklin
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