Reports to memorize in AUD

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    Topic
  • #1553187
    SchruteBeet
    Participant

    Which reports did you guys memorize the structure for? I know the standard auditor reports are important but the new Becker text also has sample reports on ICFR, compilation, examination, review, and agreed-upon procedures. Would you recommend memorizing the structure for all of them?

    AUD - 79
    BEC - 80
    FAR - 83
    REG - 78
    Ethics - 97

    "If it were easy, everyone would do it."

    "Hard work, perseverance, faith, blessings."

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  • #1553193
    maverick87
    Participant

    I would know the difference between emphasis of matter vs other matter paragraphs.

    I would be very familiar with the compilation, review and agreed upon procedure reports. ICFR not so much.
    I know Roger Review bolds some of the sentences in the reports that have been tested before/frequently.

    Licensed CPA January 2018
    #1553245
    CPA_Chik
    Participant

    I would also suggest knowing MD&A report and PCAOB standard report.

    I got my life back and it's beautiful!!!
    Licensed May 2017

    REG - 75
    FAR - 66; 73; 75
    AUD - 68; 76
    BEC - 79

    REG - 75!!!
    FAR - 66; 73 (FML!!!)
    AUD - 09/16
    BEC - TBD

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