CPA Audit Exam Auditing & Attestation (AUD) CPA Exam Section PDF

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What discount do you qualify for? Get up to $800 o! (/cpa-courses/discounts) Home (/) > Learn about the 2018 CPA Exam (/cpa-exam) > CPA Exam Content & Structure (/cpa-exam/content-and-structure) > AUD CPA Exam Content & Structure

AUD CPA Exam Content & Structure 

AUD (/cpa-exam/contentand-structure/aud)

BEC (/cpa-exam/content-andstructure/bec)

FAR (/cpa-exam/content-andstructure/far)

REG (/cpa-exam/content-andstructure/reg)

AUD EXAM OVERVIEW & INSIGHTS The Auditing & Attestation (AUD) section of the CPA Exam covers the entire auditing process, including auditing procedures, generally accepted auditing standards, standards related to attest engagements and the AICPA Code of Professional Conduct. It's important to remember that the AUD exam tests on how well a CPA candidate applies their audit and attestation knowledge when solving problems and performing specic tasks laid out in the AICPA Blueprints (/blog/2017-cpa-exam-blueprints-explained), not how well they are able to memorize auditing concepts.

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AUD EXAM CONTENT 15-25% Ethics, Professional Responsibilities and General Principles

Nature and Scope of Audit and Non-Audit Engagements Ethics, Independence and Professional Conduct Terms of Engagement for Audit and Non-Audit Engagements Requirements for Engagements Documentation Communication with Management and Those Charged with Governance Communication with Component Auditors and Parties Other Than Management and Those Charge with Governance A Firm’s System of Quality Control, Including Quality Control at the Engagement Level 20-30% Assessing Risk and Developing a Planned Process Planning an Engagement Understanding an Entity and Its Environment Understanding an Entity’s Internal Control Assessing Risks Due to Fraud Identifying and Assessing the Risk of Material Misstatement and Planning Further Procedures Responsive to Identied Risks Materiality Planning for and using the Work of Others, Including Group Audits, the Internal Audit Function and the Work of a Specialist Specic Areas of Audit Risk 30-40% Performing Further Procedures and Obtaining Evidence Understanding Sucient Appropriate Audit Evidence Sampling Techniques Performing Specic Procedures to Obtain Evidence Specic Matters that Require Individual Attention Misstatements and Internal Control Deciencies Written Representations Subsequent Events and Subsequently Discovered Facts

15-25% Forming Conclusions and Reporting Reports On Auditing Engagements Reports On Attestation Engagements

Accounting and Review Service Engagements Reporting On Compliance Other Reporting Considerations 70-76% Auditing Engagements and Standards Engagement Acceptance and Understanding Understanding the Entity, its Context, and its Internal Control Audit Procedures and Evidence Evaluation Audit Reports and Opinions 16-20% Professional Responsibilities Ethics Independence 12-16% Accounting & Review Services Engagement Planning Evidence Reports

AUD EXAM STRUCTURE & FORMAT The AUD Exam is 4 hours long, though the candidate is not required to use all the allotted time, and consists of 72 Multiple Choice Questions (MCQs) and 8 Task-Based Simulations (TBSs). Of the 72 MCQs, 60 are operational, meaning they count toward the exam score (/cpa-exam/scoring), while 12 are pretested and do not count toward the exam score. Of the 8 TBSs, 7 are operational and 1 pretested. Other than scoring, there is no functional dierence between operational and pretested questions and no sure way for the candidate to tell the dierence between an operational and pretested question. The AUD Exam is organized into ve testlets – two 36-question MCQ testlets followed by a 2-question TBS testlet, then an optional 15-minute break that does not count against the 4-hour test time, then two additional TBS testlets of three questions each. Once a testlet has been submitted, it cannot be revisited. 

The operational MCQs count 50% toward a candidate’s exam score. The operational TBSs count 50% toward a candidate’s exam score. By default the rst MCQ testlet is of ‘Medium’ diculty. The diculty level of the next MCQ testlet depends on the candidate’s performance on the rst testlet. The candidate will therefore experience one of the following MCQ testlet diculty sequences: Medium – Dicult (candidate performed well on rst testlet) Medium – Medium (candidate did not perform well on rst testlet)

Related Articles 10 Little Known Facts About Passing the CPA Exam (/blog/10-little-known-facts-about-passing-cpa-exam) Characterizing a testlet as ‘medium’ or ‘dicult’ refers to the average diculty of the questions in an MCQ testlet. There is not a binary ‘medium’ or ‘dicult’ value assigned to each MCQ. Rather, the diculty level of each question exists on a numeric scale. Credit awarded for MCQs is weighted by diculty level, meaning more credit is awarded for getting a more dicult question correct than for getting a less dicult question correct. Therefore, a candidate with a dicult testlet is not penalized for having harder questions, nor is there any advantage in having two Medium testlets. It is still possible to pass the exam even with a Medium-Medium MCQ testlet sequence. In these cases, good-toexcellent performance on the second MCQ testlet and the TBS testlets is key to passing. The assigned TBS testlets are pre-selected and have nothing to do with the candidate’s performance on the preceding MCQ testlets, nor do the TBSs within the TBS testlet proceed according to performance on the previous TBS. While an MCQ is either right or wrong, there appears to be partial credit awarded for non-Research TBSs. Research TBSs are graded as either right or wrong with no partial credit awarded.

AUD EXAM LENGTH 4 Hours

AUD SAMPLE QUESTIONS The AUD section of the CPA Exam covers the entire auditing process and requires a strong technical knowledge of the auditing process. Practice your AUD skills using ourInteractive Practice Questions (https://www.rogercpareview.com/cpa-courses/exam-practice-questions), which contains 5,000+ Questions and Task-Based Simulations, including AICPA-Released Questions.

AUD EXAM SCORING CPA candidates are given 4 hours to complete the AUD Exam and are required to receive an overall scale score of 75 or higher in order to pass. Download our infographic for an easy guide on how the AUD section of the CPA Exam’s structure and test administration play key factors in how the exam is scored overall (https://www.rogercpareview.com/sites/default/les/learning-center/How-the-CPA-Exam-is-Scored.pdf). MULTIPLE-CHOICE QUESTIONS (MCQS) TESTLETS

2

OPERATIONAL

60

PRETEST

12

TOTAL MCQS

72

 TASK-BASED SIMULATIONS (TBS) OPERATIONAL

7

PRETEST

1

TOTAL TBS

8

AUD EXAM HISTORICAL PASS RATES

AUD EXAM STUDY TIPS Commit to truly understanding the material. Make a plan and stick to it – our Study Planners can help. Consider eliminating distractions during your designated study times – block Internet access, turn o notications, tell family, friends and colleagues you will be completely unavailable. At the beginning of each AUD section, Roger reviews the big picture. Practice presenting the big picture to yourself, in your own words. Practice the mnemonics not merely to memorize, but to understand – recite them while explaining, in your own words, what each element means and how it ts into the big picture. For quick answers, use the 24/7 Homework Help Center, which includes over 17,000 student-submitted questions already answered by expert CPA moderator responses. Eat well, exercise, and get plenty of rest.

AUD EXAM FAQS  I don’t have any auditing experience. Am I at a disadvantage? No, the Roger CPA Review AUD course assumes no prior auditing experience on the part of the candidate, and our pass rate speaks for itself. Roger teaches the material from the ground up, and many of our students report nally being able to ‘get’ audit after using our course in order to pass the exam.

How many hours must I study for AUD in order to pass? We estimate approximately 75-100 hours of study are required in order to pass AUD, but each student is unique and has their own time requirements. In which order should I take AUD among the four sections of the CPA Exam? The order in which a candidate takes the four sections of the CPA Exam will vary depending on several individual factors, but one general recommendation we make for AUD is to take AUD sometime after taking FAR. This is one of the reasons all our Study Planners begin with FAR.

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