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Subject Topic: Important Topics- AUD (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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janak0809
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Posted: 28 Apr 2011 at 01:53 | IP Logged  

hi everyone...

can anyone help me in telling me which are the heavily
tested stuff for aud. its my last section but if i dnt pass
this time i'll lose my bec credit..

my test is on 24th so i wanted to know so that it would be
good for me to look on those stuff again.

thank u and good luck to all
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YoungRamsis
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Posted: 29 Apr 2011 at 00:19 | IP Logged  

Its really hard to tell what is important
but you want to make sure you know SSARS, IC cycles, Substantive tests, Predecessor, Fraud, Professional responsibilities (including independence under IAS)
make sure you know what issues will increase, decrease IR, CR, or DR
make sure you know how to fix a JE, they WILL ask you to make JE's
and finally, audit tickmarks, they are very simple but you have to know how to cross reference a tick mark (every audit book has a simulation on them, walk through it to know how to solve the problem)

that what I can tell so far,
good luck on your exam
 


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Celyn
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Posted: 29 Apr 2011 at 00:31 | IP Logged  

Reporting is usually heavily tested.

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janak0809
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Posted: 29 Apr 2011 at 01:20 | IP Logged  

@youngramsis- thanks a lot for ur advice i really
appreciate it...i know most of the stuff that u mentioned
or at least i feel i know all of that...i have cleared FAR
so JE is not a problem for me..but i didnt see anything
about tickmarks in the audit book..can u tell me what
exactly do i need to study abt tickmarks?? and thanks for
ur piece of advice..

@celyn- which topics are u referring to with reporting
thing...i m very much familiar with different audit
reports..
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Celyn
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Posted: 29 Apr 2011 at 01:45 | IP Logged  

Just what report is used in what situation, and what goes
on them. But I would say when to use which report is more
heavily tested.

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