Audit simulation, any tips?

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi guys,<BR><BR>After 3 weeks of whirlwind tuition, I have my mock simulation on Thursday. Anyone got any tips or suggestions?<BR><BR>Thanks

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Audit simulation, any tips?

    The Audit simulation is pretty straight forward, most of it is common sense. The best advice I can offer is to make sure you read the scenario thoroughly and the questions carefully before attempting your answers.<BR><BR>Good Luck<BR><BR>Alison
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Audit simulation, any tips?

    I was told to make sure I understood what a "unqualified audit report" was.<BR><BR>It did come up in my devolved back in June
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Audit simulation, any tips?

    You need to be familiar with terminology - inhenerent/control risk etc. I sat simulation last Dec and unqualified audit report was required then so I would learn that.<BR><BR>The simulation was quite straightforward and i did not use a text book only class notes. I am definitely not clever it was just that I bought the FTC Auditing book and it went so far over my head I lost it!!!!<BR><BR>Good luck

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