Those Who Have Taken Audit PLEASE help

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    Topic
  • April 3, 2017 at 2:02 am #1527466
    Anonymous
    Inactive

    If you have taken Audit before (doesn’t matter if passed or failed, or both if several attempts), can you tell me which areas gave you the most trouble? I’m talking about content wise. There is a ton of information, especially the little details. NOt asking for what’s on the test, just trying to go topics and not overlook anything.

    In essence, maybe someone on this thread mentions a topic I had forgotten about, and I can go back and make sure to review it.

    Thanks in advance, and happy studying to the rest.

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  • April 3, 2017 at 2:09 am #1527468
    Madam Secretary
    Participant

    @benjamin17 audit is very tricky. you need to spot the difference between audit, review and compilation.

    AUD - 78
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - 77
    "I can't take the easy way out. I don't need to invoke anything but the truth".
    April 3, 2017 at 2:13 am #1527469
    Anonymous
    Inactive

    I've taken audit twice and passed both times. Gotta love that expiration date. I have a heavy background in auditing but still felt like the test was challenging candidates on internal controls and weakness. Guaranteed to get a SIM on that. Know the difference between modified and unmodified. Adverse or withdraw. Scope limits. Understanding why you would modify option.

    I've heard with audit that you either get it or you don't. That was BEC for me. Good luck!

    April 3, 2017 at 2:45 am #1527475
    jivexturk3y
    Participant

    Testing management assertions for different business cycles to me is the hardest by far.

    April 3, 2017 at 2:59 am #1527477
    jivexturk3y
    Participant

    I take that back. Analyzing changes in ratios is the absolute worst.

    April 3, 2017 at 5:09 am #1527478
    Matt
    Participant

    Yea I agree with above, know the difference between audit, review, compilation, difference opinions modified, unmodified, agreed upon procedures ect.

    You really have to know the differences in everything cold, one or two words can be the difference. There are other things as well, yet know this stuff was what put me over the edge.

    Gleim/NINJA

    FAR 74,81 Pass November 2016
    AUD 71,74,84 Pass January 2017
    BEC 79 Pass March 2017
    REG 71,80 Pass November 2017

    FAR 74

    April 3, 2017 at 5:22 am #1527483
    Holly
    Participant

    I'm one of those people who do not understand Auditing. I worked a ton of MCQ and that was did it for me. Thank goodness I passed the first time because there really was nothing more I could do.

    AUD - 76
    BEC - 82
    FAR - 82
    REG - 86
    Becker & Ninja MCQ

     

     

     

    BEC - 79
    REG - 85
    AUD - 5/27/16

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