Scared Sh*tless of AUD – 3 weeks
February 15, 2017 at 4:45 pm #1478794
I'm taking AUD in 3 weeks and I feel the pressure and stress squeezing the life out of me. This is potentially my last exam, pass and I'm done.
With the new exam around the corner and the daunting wait time for scores, along with the 18 month clock ticking down I feel like I HAVE TO get AUD passed the first time and the pressure and stress is really getting to me…
Sorry, I just need to vent. Anyone take AUD recently and have tips on what I should focus on? I'm terrified my SIMS are going to be random and I'm going to totally freeze up and bomb them on the actual exam.
I just hope this nightmare ends in a few weeks..February 15, 2017 at 5:33 pm #1478817
Audit is the hardest part for me. I have experience with FAR and BEC due to real work. I took it twice and a third time on Monday. But i think i failed. Just review heavily. Ninja MCQ in my opinion didnt help, definitely helped for BEC FAR and REG.February 15, 2017 at 5:33 pm #1478818
Lots of people are in the same boat right now…… All we can hope is that the gods will be smiling on us when we take these brutal exams and give us the 75.February 15, 2017 at 5:43 pm #1478824February 15, 2017 at 8:26 pm #1478898
Track55ParticipantFebruary 15, 2017 at 8:35 pm #1478904
I have less than three weeks left, that should be enough time to go over all the material. We got this!February 15, 2017 at 9:03 pm #1478919
On the same boat. Although I was close last round but really scared my score will drop this time rather than up. I really hope I won't get any FAR like SIMS or DRS. I was lucky enough to not get any DRS last time but couldn't escape the fate of having 2 FAR like SIMS.February 16, 2017 at 12:00 pm #1479306
What do you mean “FAR like SIMS” ? I've heard that expression before but not sure what to make of it..February 16, 2017 at 12:10 pm #1479310
The Ninja MC helped me raise my score from a 70 to an 85!!!!! I swear they were the BIGGEST help in me passing Audit. Focus in on the specific wording of the questions, that is where I felt I went wrong on my first attempt at it. And I all honesty the TBS on the exam were easier than the MC, like so easy I had to go over them 3 times because I thought I was missing something. Good luck!February 16, 2017 at 1:05 pm #1479349
Thanks emily, that is reassuring!
Can someone explain this to me….Is the “Scope” section of the audit report the same thing as the “Management and Auditors responsibility” paragraphs?February 16, 2017 at 1:53 pm #1479382
I think if you understand FAR well, AUD should not be difficult. Understanding J/E helped a ton. Knowing Assertions IN N OUT. Financial ratios are important as well. You will have SIMs on either of those, trust. I don't know necessarily know about your time management but I finished AUD in less than 3 hours than the allotted 4, since there was practically no math. Leave ample time for using the AL, trust me, it helps and some of your answers WILL be in there.
Don't stress. If you don't know it in 2 minutes or less, move on.February 16, 2017 at 1:58 pm #1479387
Hey guys, I in the same exact boat. I've procrastinated the entire month and just scheduled my exam for for the 9th allowing only 4 wks ( i know terrible). But now that it is so close, i feel like i need to reschedule but the results for April are given til august and dont want to wait too lone -/
should i just bite the bullet?!?!?!February 16, 2017 at 8:19 pm #1479684
definitely take it this quarter.
I took REG in Q4 of last year, and decided to schedule AUD at the very end ‘for the hell of it'.
I left myself roughly 10 days to study, and passed with an 80. You can do it.February 16, 2017 at 8:20 pm #1479687
@ez, MY LORD! I have 5 weeks after a 74. And yet I still dont feel confident. How'd you do it?February 16, 2017 at 8:36 pm #1479697
10 days!?!? how in the world!? please share!February 16, 2017 at 9:22 pm #1479726
unfortunately, there really is no special method that I used.
truth be told, I was very lucky. none of the concepts that I had trouble with showed up on the exam… at all.
people like to claim that luck doesn't play a part in the CPA, but when you happen to ONLY be tested on the things that you happen to know.. it's pretty obvious that you got lucky.
my gleim scores reflect that my understanding of key concepts was greatly lacking.
I took a shot in the dark, and was fortunate enough to hit the target.February 16, 2017 at 10:51 pm #1479777
I just took AUD and haven't received my result yet, but following are a few tips that helped me during the exam.
– Understand transaction cycles and why things are done.
– Know the assertions very well.
– Study Internal control well.
– Professional responsibility is important and is easy points on the exams, so make sure to study that.
– Read every question carefully.
– Read all answer choices before picking the answer.
– Answer choices with words like never, all, always are usually not the correct choice.
– Leave as much time as you possibly can for simulations. They are hard.
Hope these tips help.February 17, 2017 at 12:50 am #1479870
I took AUD today. My best advice for MCQ is just understand everything generally and that will help you narrow down choices for MCQs. Like when to issue specific opinions, when to use OMP/EOMP, what are the key things about IC, when does an auditor lack independence, etc. If you know enough general info on a topic, you're off I a great start.
As for the SIMS, yikes. I thought mine were pretty hard BUT I don't have FAR under my belt. I think if you've mastered FAR and debits/credits, you can manage the tougher “financial accounting related” SIMS.
But I also agree as someone said earlier, it's a gamble of what test you get, and how your MCQs and SIMS are. Cause I was hoping for audit report format and content on my SIMS and I def didn't get that.
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