Monetary Unit Sampling

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    Topic
  • #1631191
    mccarta7
    Participant

    I am currently using Gleim and there is a lengthy example on Monetary Unit Sampling (MUS) that I can’t manage to pull myself though (tonight’s score release may be affecting my focus). I understand the advantages and disadvantages of MUS as well as the basic steps in using MUS. Do I need to know how to do an advanced MUS calculation and remember all of the related formulas and different parts? I tried to look this up in the forum and I do not see many posts regarding this topic at all, so I am hoping I do not need to waste time understanding this example, but if it is something I will need to know I will add it to my list to review later in my studies when my focus is better.

    Thanks in advance and good luck to all receiving scores later tonight!

    FAR : 90

    AUD : 86

    REG : 85

    BEC : Mar 2018

     

    Gleim, NINJA method and some Ninja supplement

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  • #1634381
    Valar Dohaeris
    Participant

    No. You might get one or two questions about this. MUS will be your bread and better when sampling as an auditor in public accounting.

    AUD - 81
    BEC - 83
    FAR - 83
    REG - 84
    CPA

    Finance Manager

    Experienced in Big 4 audit, regional audit, and technical accounting consulting

    BEC - 85
    AUD - 81
    REG - 84
    FAR - 7/24/16

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