Becker CPA 2011

[avrumy]

Anyone in lakewood have audit flashcards I can borrow for 2 weeks? TIA

[avrumy]

BUMP

[churnbabychurn]

I have a PDF file but for some reason its locked.
I'm not asking the guy who sent it to me for any code, but if you can figure out how to open it PM me.

[dealvr]

Not in Lakewood but I can lend them to you for two weeks.

[avrumy]

which year do you  guys have? will it make a dif if not recent?

[Bostener]

which year do you  guys have? will it make a dif if not recent?

The stuff keeps on changing.

[churnbabychurn]

The stuff keeps on changing.

Meh, I did fine on the regs with 2011 notes...

Though AUD 1 did change significantly over the last couple of years

[churnbabychurn]

which year do you  guys have? will it make a dif if not recent?

Big change in AUD is from issuing an unqualified opinion to an unmodified opinion. Also the statements and standards are a moving target, but imho if you understand the yesodos you should be fine.

[lunatic]

Big change in AUD is from issuing an unqualified opinion to an unmodified opinion. Also the statements and standards are a moving target, but imho if you understand the yesodos you should be fine.

The audit standards change almost every day... Don't use 2011

[churnbabychurn]

The audit standards change almost every day... Don't use 2011

The software I have is from 2013.
I hope they dont test on exact standards though... 

[lunatic]

The software I have is from 2013.
I hope they dont test on exact standards though... 

I haven't taken it since 2007 (paper test) so  don't know

[Bostener]

In 2007 they still did paper test?

[MarkS]

In 2007 they still did paper test?

Switched to computer tests in 2004

[churnbabychurn]

Is AUD hard? IE relative to FAR and REG?

[DP7]

Is AUD hard? IE relative to FAR and REG?

No.

[MarkS]

Is AUD hard? IE relative to FAR and REG?

I found AUD the easiest.
1)It's a 4 hour exam with less material than FAR or REG
2)You can use the research tabs to completely solve some of the simulations (ie if they ask you to fill in blanks in an Audit report you can pull up the whole report in the research tab)
3) A lot of the questions can be answered using your own logic once you under stand the principles (ie - if you understand vouching and tracing, no matter how they ask the question you should be able to get it right)

[churnbabychurn]

No.

Thats what im thinking.. I mean the whole test is basically on a few standards and statements. Its not like the IRC and GAAP principles...

#not feeling confident  yet

[churnbabychurn]

I found AUD the easiest.
1)It's a 4 hour exam with less material than FAR or REG
2)You can use the research tabs to completely solve some of the simulations (ie if they ask you to fill in blanks in an Audit report you can pull up the whole report in hr research tab)
3) A lot of the questions can be answered using your own logic once you under stand the principles (ie - if you understand vouching and tracing, no matter how they ask the question you should be able to get it right)

Can you elaborate, where exactly?

[MarkS]

Can you elaborate, where exactly?

One of the 7 simulations asks you to research the authoritative literature.

While answering the other 6 SIM's, you are free to hop over to that 7th tab and search the literature for the answer to whatever you need.
If you need a modified opinion for example, search for modified opinion etc. The literature has examples of every type of report.

I look at it like an open book test.

[lunatic]

Switched to computer tests in 2004

My bad. I guess I am getting old 
Yup, it was 2004