FROM NASBA:"The timetable below is for the first half of 2012 to help candidates plan their testing schedule. Scores for the Uniform CPA Exam will be released by NASBA to state boards of accountancy based upon the target score release dates listed in the table below. The timetable applies to candidates who have tested in both domestic and international testing locations.

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Does anyone have any good pointers for passing the Audit portion?  There is so much information and I was wondering if anyone had any advise on what the key subjects or chapters that I should know really well.  Thanks for the help!  Good luck everyone!!

As I start 2012 a new student of Yaeger, I wonder what it would have been like the two times I have taken the BEC section and failed if Yaeger was there to lead the way. I tried the first go around with Flash cards I got free when I was in school and spent a lot less time studying than I should have. The second time I thought I would spend more time and use Wiley but my wife and I had year old twins and two other children that took most of my time plus the full time job. I did worse the…

Graduation Day was May 2005... And I haven't touched accounting on a daily basis since... Getting back into accounting has been a slow process.  I've been in the accounting department for a medium sized non-profit since October and things are slowly (and I mean slowly) coming back to me.  Right now the only thing that makes sense is debits and credits - primarily the basics. 

So my goal right now is to pass my first section (yet to be decided) at the beginning of the second window. …

I was trying to understand Nonmonetary Exchanges that is part of the Module 10: Fixed Assets from the Wiley 2011 Textbook. 

I came up with the below rules that, as far as I can tell, should cover most cases.  Items 1 and 11 below are special cases that may not necessarily comply with the below rules.  In addition to the special cases, items 9&10 are not directly covered by the below rules with respect to how the Asset Received is recorded.

Rule 1: FV…

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GET YOUR BLOG ENTRY/ENTRIES IN TODAY...LAST DAY! Almost $4,000 in materials to be given away.…

Posted in Motivation Group by Divya Govil

nice motivational story I came across:

FACE DIFFICULTIES POSITIVELY:

This parable is told of a farmer who owned an old mule. The mule fell into the farmer’s well. The farmer heard the mule praying or whatever mules do when they fall into wells. After carefully assessing the situation, the farmer sympathized with the mule, but decided that neither the mule nor the well was worth the trouble of saving. Instead, he called his…

Remember that question from the Joker from the movie The Dark Knight? The Joker always asked Why so serious? While the seriousness that he caused was rather gruesome, the CPA can cause the same sentiment but for vastly different reasons. Why, indeed, are you so serious?

Dont get me wrong, getting the license is of great iimportance but as CPA candidates and working professionals, we must have a sense of humor and laugh alil and not be so serious. At least…

SOURCE: AICPA

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GREAT DISCOUNTS & COUPON CODES for CPA EXAM CLUB MEMBERS!!!…

After reading all these inspirational posts, I'm realizing our journey through the CPA process is similar to the accrual method. Our efforts and energy are expensed as it's used along the way, and while we may not collect our big payout receivable for a while, we can still recognize our expanding knowledge and increase in confidence with each completed study session as revenue to be collected. We are all like a small business, investing in ourselves and doing what it takes to keep the…

Want... Can.. Will..



These three words can be quite powerful if you embrace each of them in the best way possible. I believe that all things are accomplished by :



First - Acknowledge the opportunity that you seek to achieve



Second - Research and understand the different paths that are available in order to reach your goal



Third - Design a plan, write it out and stick to it. Set mini goals and dates as benchmarks in order to show progress towards…

What exactly does one do? That’s the situation a friend of mine finds herself in. Actually, it’s somewhat more unique. her boss supports her goal of attaining her license but upper management isn’t willing to pay for any of the associated costs.  So no reimbursement for expenses incurred to take the CPA exam. In addition, encouragement by the employer in getting one’s license is silent. This is of importance because her employer is rather vocal when they seek support in employer functions.…

One of the biggest factors to standardized testing that most seem to overlook is the simple fact that these standardized exams are, in fact, standardized.  That is, the exam is nationally or globally administered; it is the same across the whole country, or sometimes, across the whole world.  Given this fact, you should consider that all of the major review packages for said exam will cover essentially the same material.  Some may cover…

My name is Misty and I live in California. I am hoping to pass at least 2 sections this year and finish up in 2013.

I went into this process excited and ready (so I thought) to study and take this exam. I purchased my studying materials from Becker May 2010. As I prepared for the FAR exam I felt okay with the information I was studying, got a little side tracked, as I have a family and am the sole finacial support as I was studying and then took the the FAR in October of 2010. I did…

Happy New Year!

As I mentioned in my first blog post, I am still hanging out at the starting line for my cpa journey. When I look back on it, it is hard to believe that I spent over 5 months studying and am still just waiting for the race to blow its horn for when i reach & pass the first check point.

My title has an interesting relation to most of us taking these exams. In order to be somewhat educational with this post, i figured I would talk a little…

Six months ago, I made a difficult decision in leaving my former place of employment - one that had provided stability, and kindly reimbursed me for my continuing education despite accounting not being my primary responsibility there. However, there were too many office politics and the management style did not sit well with me ethically or emotionally, and just ended up being an added stress to my already heavy school load at nights. I dug deep and promised myself that I…

Many people feel like they can just take the cpa test if they study a certain amount of time. Each person is different. For me when I took FAR I studied for 2 months. I made a plan on how much time to spend on each section. I would make sure I finished my goal for the week and create flashcards. Now for AUD, I had goals and am getting ready for my January 9th test. I am doing as many MQC as I can along with flashcards as the exam requires a great deal of short term memory. You need to have a…

Hello,

My name is Oksana..I graduated with a bachelors degree in accounting four years ago, which is when I started studying for the CPA exam. I haven't passed any parts yet..I have studied, I have failed, I have taken time off, I have studied again, I have failed again...

About 4 months ago, I started studying again..hoping to get Yaeger but cannot afford it at this time. Will stick to my becker review materials from several years ago.

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