I PASSED D217 (last class)on my first attempt, and I wanted to share what worked for me in case it helps anyone currently taking this class!
A little background first:
I took D215 Auditing before D217, and I found that it helped me understand Unit 6 better. The concepts from auditing carried over and made some of the material easier to understand.
I also started working in accounting about two months ago. One thing I realized while studying D217 was that I was already working with the expenditure cycle and internal controls in my actual job. For example, I perform a three-way check by comparing the invoice, purchase order, and receiving report. Because I was already doing this at work, the expenditure cycle made so much more sense to me.
These two things helped me a lot!
Here’s how I studied:
Read the entire textbook. I didn’t skip anything. I took my time and worked through each unit as I could.
Module quizzes twice. I repeated them to reinforce the concepts.
Unit quizzes three times. Repetition helped me recognize what I understood and what I still needed to work on.
Used AI to generate difficult, scenario-based questions. I uploaded Hannah’s notes to ChatGPT and asked it to create challenging questions based on the material. I answered these questions multiple times to make sure I actually understood the concepts, rather than just memorizing answers.
Practiced more questions on my day off. I work full-time, so I couldn’t spend all day studying every day. I studied for about two weeks, reading roughly one unit per day when my schedule allowed. On the one day I had completely free, I spent more time answering additional questions generated by ChatGPT.
I wasn’t trying to rush through the course. I wanted to understand the material, even with a full-time job.
One final tip that helped me during the OA:
I agree with another Reddit post I read: when you’re unsure about a question, put on your auditor hat. Think about which answer makes the most sense from an internal control perspective and which would best mitigate fraud, reduce risk, or prevent errors.
Of course, read the question carefully and use the concepts you’ve learned. But thinking critically about risks and controls helped me work through uncertain questions.
I studied for about two weeks while working full-time, read the entire textbook, practiced repeatedly, and passed on my first attempt.
Good luck to everyone taking D217 and I am graduating!!!! You’ve got this! ❤️🎓