Today is Thanksgiving, a time to enjoy moments with friends and family, partake in holiday food & drink, and to reflect upon what we’re truly thankful for. Below are the top 10 things the Roger CPA Review team is thankful for in 2015:
We recently covered the “4 ways to get the most out of your practice exams,” and shared some helpful tips on how to best use your CPA Exam Simulator for success. In this post we’ll switch gears, now focusing on your quizzes, and how a granular approach can help you work your way up to the final frontier that is the CPA Exam.
Today, I’d like to talk about the difficult parts of preparing for and taking the CPA exam. The CPA exam process can be very long. Watching the lectures, reading the material, taking practice tests, and the four individual parts themselves all add up. In addition, you find out that it is not unusual to fail parts of the exam. Many people openly talk about their score and pass/fail status in the CPA forums online. I’ve only passed FAR and AUD so far, but I would like to share parts that have been especially hard for me in the hopes that other candidates will know they are not alone and can gain some insight from my experience.
The Financial Accounting Standards Board (FASB) just issued ASU 2015-17, which will be effective for years beginning after December 15, 2016, for public entities and for years beginning after December 15, 2017 for nonpublic entities.
According to the FASB Website, “The Board is issuing this Update as part of its initiative to reduce complexity in accounting standards (the Simplification Initiative). The objective of the Simplification Initiative is to identify, evaluate, and improve areas of generally accepted accounting principles (GAAP) for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements.”
This week's Meet the Roger CPA Review Team Q&A Series is with Lindsey Boehme, Project Manager. Learn more about how she enjoys bringing order to chaos, why she thinks everyone should work in the food industry, and how hard work is necessary for success.
And now, without further ado, here's...
A Q&A with Lindsey Boehme, Project Manager at Roger CPA Review
When it comes to the decision of becoming a CPA, we know that one of the most challenging obstacles to licesure isn't only the CPA Exam, but the process in which to qualify and apply for the exam itself. With the amount of feeds to be paid, channels of communication to go through, and paperwork that needs to be submitted and filed, the process to sit for the exam can be overwhelming. That's why we developed this comprehensive eBook that will guide you through all the steps you need to take in order to ensure that you know how to qualify and apply for the CPA Exam.
Learn how to qualify and apply for the CPA Exam by downloading our eBook to get started on your CPA journey today!
As candidates continue to learn more about and brace themselves for the 2017 CPA Exam changes, there’s no doubt that the most significant change to take place for the next version of the CPA Exam is the testing of higher order skills. In this blog, we’ll dive into further detail about why this particular change is occurring, how it will impact 2017 candidates, and what the implications are for the accounting industry as a whole.
The AICPA Board of Examiners has revised its CPA Exam Policy on New Pronouncements, which includes clarified testing windows for the CPA Exam. The updated CPA Exam Policy becomes effective with the testing window, beginning on April 1, 2016, and, “…will be applied to all accounting and auditing pronouncements issued after July 1, 2015.” Any standards issued prior to July 1, 2015, will follow the former CPA Exam Policy on New Pronouncements.
Task-based simulations are on three of the CPA exam sections. There are 6-7 questions depending on the section. According to the AICPA website, task-based simulations are case studies that allow candidates to demonstrate their knowledge and skills by generating responses to questions rather than simply selecting the correct answer.