Becker Professional Education

Auditing Course – Updates Included in V3.2 (November 2017)

The purpose of this document is to provide you with a list of the items that have been changed/updated in the
November 2017 version of the Auditing course (V3.2).

If you have a V3.1 AUD textbook purchased previously, you can either purchase the new V3.2 textbook for $25
by going to https://www.becker.com/cpa-review/resources/replacement-textbooks.html or use this document to print
replacement pages to update your textbook.

Unit
and Page No. Update
Module

Section 3 of A4 Module 7 has been updated to cover SAS 132, The Auditor’s
V3.1 A4-48
Consideration of an Entity’s Ability to Continue as a Going Concern, which is
through A4-50
A4 testable on the AUD exam starting on January 1, 2018.
Module 7
V3.2 A4-48
If you are studying using the V3.1 AUD textbook, click here to download V3.2
through A4-51
pages A4-48 through A4-51.

The last paragraph on this page has been updated to clarify that both
preparations and compilations are allowed for prospective financial statements
V3.1 & V3.2 and that such engagements are covered by the SSARS standards. This
A5
updated content is now testable.
Module 3
A5-29
If you are studying using the V3.1 AUD textbook, click here to download V3.2
page A5-29.

In V3.2, pgs. A5-43 through the top of pg. A5-45 have been updated for new
V3.1 A5-43
guidance on preparation and compilation engagements for prospective financial
through A5-44
A5 statements. This updated content is now testable.
Module 4
V3.2 A5-43
If you are studying using the V3.1 AUD textbook, click here to download V3.2
through A5-45
page A5-43 through A5-45.

Sections 2.3.1 and 2.3.3 on V3.2 A6-54 and Section 2.8.6 on A6-59 have been
updated to cover SAS 132, The Auditor’s Consideration of an Entity’s Ability to
V3.1 & V3.2 Continue as a Going Concern, which is testable on the AUD exam starting on
A6
January 1, 2018.
Module 6
A6-54 & A6-59
If you are studying using the V3.1 AUD textbook, click here to download V3.2
pages A6-54 and A6-59.
 Becker Professional Education
Auditing Course – Updates Included in V3.2 (November 2017)

IMPORTANT NOTIFICATION REGARDING V3.2 AUDIT COURSE CONTENT:

In June 2017, the PCAOB released AS 3101, The Auditor's Report on an Audit of Financial Statements When
the Auditor Expresses an Unqualified Opinion, which lays out a new auditor's report for issuers. This standard's
main provisions have an effective date of December 15, 2017, and were originally expected to be tested on the
CPA Exam starting on January 1, 2018. Because the SEC did not approve the new standard until late-October
of 2017, the AICPA decided to delay the testing of the new auditor's report for issuers until Q3 2018.

Because of the original expectation that the standard would be testable on January 1, 2018, your V3.2 Becker
Auditing textbook covers the new PCAOB auditor's report for issuers. If you plan to take the AUD exam before
July 1, 2018, you should study the wording and format of the old PCAOB auditor's report for issuers, which can
be found in the V3.1 Becker Auditing textbook. If you do not have access to the V3.1 Auditing textbook (which
is no longer available for purchase), you can print the relevant V3.1 pages using the links below.

When you study the Auditing section in the Becker software, you will be given the option to use V3.1 or V3.2 for
units A1, A4, A5, and A6. We recommend that you study V3.1 for unit A1 and V3.2 for all other Auditing units.
When you use V3.1 for A1, all A1 course elements (lecture, skills practice, MCQs, simulations, and flashcards)
will focus on the old auditor's report content that is testable through June 2018. When you use V3.2 for the
other Auditing units (plus the replacement pages provided below for A5 and A6), you will study the content for
those units that is testable starting on January 1, 2018.

Unit
and Page No. Update
Module

The new unqualified opinion for issuers covered on V3.2 pages A1-21 through
V3.1 A1-21 A1-24 is not testable on the AUD exam until July 1, 2018. If you plan to take
through A1-22 the AUD exam before July 1, 2018, you should study the old unqualified opinion
A1
for issuers on V3.1 pages A1-21 through A1-22.
Module 4
V3.2 A1-21
through A1-24 If you are studying using the V3.2 AUD textbook, click here to download V3.1
pages A1-21 through A1-22.

The new qualified and adverse opinions for issuers covered on V3.2 pages A1-
V3.1 A1-30 33 through A1-36 are not testable on the AUD exam until July 1, 2018. If you
through A1-33 plan to take the AUD exam before July 1, 2018, you should study the old
A1
qualified and adverse opinions for issuers on V3.1 pages A1-30 through A1-33.
Module 5
V3.2 A1-33
through A1-36 If you are studying using the V3.2 AUD textbook, click here to download V3.1
pages A1-30 through A1-33.

The new qualified opinion and disclaimer of opinion for issuers covered on V3.2
pages A1-43 through A1-47 are not testable on the AUD exam until July 1,
V3.1 A1-41
2018. If you plan to take the AUD exam before July 1, 2018, you should study
through A1-45
A1 the old qualified opinion and disclaimer of opinion for issuers on V3.1 pages A1-
Module 6 41 through A1-45.
V3.2 A1-43
through A1-47
If you are studying using the V3.2 AUD textbook, click here to download V3.1
pages A1-41 through A1-45.
 Becker Professional Education
Auditing Course – Updates Included in V3.2 (November 2017)

The new explanatory paragraph rules for issuers covered on V3.2 pages A1-52
V3.1 A1-49
through A1-53 & A1-55 are not testable on the AUD exam until July 1, 2018. If
through A1-51
you plan to take the AUD exam before July 1, 2018, you should study the old
A1
explanatory paragraph rules for issuers on V3.1 pages A1-49 through A1-51.
Module 7 V3.2 A1-52
through A1-53 &
If you are studying using the V3.2 AUD textbook, click here to download V3.1
A1-55
pages A1-49 through A1-51.

The sample issuer reports on V3.2 pages A1-60, A1-61 and A1-69 are not
V3.1 A1-58, A1- testable on the AUD exam until July 1, 2018. If you plan to take the AUD exam
59 & A1-66 before July 1, 2018, you should study the old sample issuer reports on V3.1
A1
pages A1-58, A1-59 and A1-66.
Module 8
V3.2 A1-60, A1-
61 & A1-69 If you are studying using the V3.2 AUD textbook, click here to download V3.1
pages A1-58, A1-59 and A1-66.

The new reports on internal controls for issuers covered on V3.2 pages A5-22
through A5-25 are not testable on the AUD exam until July 1, 2018. If you plan
V3.1 & V3.2
to take the AUD exam before July 1, 2018, you should study the old reports on
A5
internal controls for issuers on V3.1 pages A5-22 through A5-25.
Module 2 A5-22 through
A5-25
If you are studying using the V3.2 AUD textbook, click here to download V3.1
pages A5-22 through A5-25.

A6 The new interim review report for issuers shown on V3.2 A6-58 is not testable
Module 6
V3.2 A6-58
on the AUD exam until July 1, 2018.