Joined: 07 Jun 2010
Online Status: Offline Posts: 20
Posted: 26 Sep 2011 at 12:26 | IP Logged
Hi Rey123, Wiley's book would be good enough to pass the exam if you repeatly work on his pratice problems. For the Sim on the exam, it's better to remember all the JE from each topic from the book, just the basis ones. I heard Auditing also ask questions about the JE, too. So it's not hurt to memorize them. IFRS questions are important to know since they are not hard question, if you remember the key points, it would be the most easy points to get on the exam.
Hi Rey123, Wiley's book would be good enough to pass the exam if you repeatly work on his pratice problems. For the Sim on the exam, it's better to remember all the JE from each topic from the book, just the basis ones. I heard Auditing also ask questions about the JE, too. So it's not hurt to memorize them. IFRS questions are important to know since they are not hard question, if you remember the key points, it would be the most easy points to get on the exam.
Thanks a lot for the input. It greatly helps and give me courage to proceed in taking the exam. Nice to know that some1 here also using Wiley coz almost all of my friends i know used Becker. I actually working out with practice exams only. I hope that would be enough to naill all exams. Goodluck to us. I am a Filipino by the way and don't have much exposure to US GAAP as my audit experience is all related to IFRS engagement. I hope US GAAP is not that difficult to cope with. By the way, I obtained the note from Cpaguy85. I can provide you a copy. I will send it now.
To Cpaguy85, just asking a permission and inform you that i'll be sending your note to meomeo.
Regards,
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