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Manny's Blog – December 2011 Archive (6)

Missing Info from Ethics Survey

I'm a CPA candidate in Texas so I keep up with what the Texas State Board of Accountancy puts on their website. Recently, they featured a survey to get feedback about the effectiveness of ethical requirements (i.e. Ethics course & ethics as part of CPE). While the results in the survey seem to indicate an overall sense of accomplishing the purpose of the ethical requirements, the…

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Added by Manny on December 29, 2011 at 9:00am — No Comments

Unraveling Bad Debt Confusion

In a previous blog, I spoke about tips we can implement to create a smoother path in our CPA journeys. 

 

In this blog, I will provide a real life example illustrating how I implemented tip #2: Know What You Dont Know and Why You Dont Know It. 

 

We will discuss bad debt. While one of the easier concepts to grasp relatively speaking, for…

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Added by Manny on December 27, 2011 at 12:30pm — No Comments

Tips For Mission Impossible Part II

Tip#6: As a last resort, reschedule the exam if possible.
It may be that after following through with a study plan and implementing…
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Added by Manny on December 25, 2011 at 10:00am — No Comments

Tips for Mission Impossible Part I

You may think this is about a Tom Cruise film…well it isn’t but as many us have experienced, it can be just as dramatic. The mission of attaining the CPA license seems impossible.  This impossibility is what I would like to make possible by July of 2012. 

 

The easy part is setting a goal and the specifics to accomplish the goal but the difficulty lies in actually following through.  So how exactly will this goal be met?  I have a few tips to share that I…

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Added by Manny on December 23, 2011 at 7:30am — No Comments

You Got Your License, Now What?

Imagine that you passed all sections of the exam.  No more studying. No more scheduling of exams. No more exam fees and no longer waiting on test scores.  So what is next? After all the blood and tears, what exactly are you planning to do with your license? It’s important to understand why we put ourselves through the trials and tribulations of this CPA journey.  Answering this question of why are you seeking your license inevitably answers this question:  what are you…

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Added by Manny on December 21, 2011 at 6:00pm — No Comments

CPA License Must Be Difficult to Attain

Hello Fellow CPA Candidates:

 

I've read these forums about the many issues we encounter in our journeys in becoming CPAs.

 

While i do agree there is area for improvement with adminstering the exam, there's something that I have come to believe: the CPA license must be difficult to attain. This doesnt mean it has be impossible to attain but difficult to a certain extent. 

 

The tests taken to acquire the CPA license cannot be too easy because the…

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Added by Manny on December 19, 2011 at 7:00pm — 1 Comment

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