Financial Accounting and Reporting (FAR) is most probably the biggest and the most difficult section of US CPA for many test-takers and I was not an exception to it. By planning perfectly, one can complete it relatively in an easier way, than what they think. It is advised to have a good command of accounting basics, as most of the FAR will be focused on basics and Journal Entries. Please make notes for important concepts…
US CPA (US Certified Public Accountant) is one of the highest accounting credentials administered by the American Institute of Certified Professional Accountants (AICPA). CFA (Chartered Financial Analyst) is a globally recognized credential in the field of financial management and investment management. The CFA Institute administers it. Certified Public Accountant: US CPA exam is a single-level toughness exam. It is divided into 4 parts BEC – Business Environmental Concepts FAR – Financial Accounting and Reporting REG…
It took about 2 months for me to complete my entire CPA-BEC Exam including initial studies and revision. I am a full time student. My target used to be to complete at least two chapters within a week averaging two to three modules per day with Becker exercises. I followed an exact sequence starting with video lectures( The ones over simandhar portals? And later moving further to proof reading of the book– Skills practice –…
Dear Friends, US CPA Exam In the month of September 2020, I have cleared the Regulation section with 98 marks and FAR section with 91 marks. Honestly, I had never expected such marks. I am glad I could share my side of the story with you guys. I prepared to attempt the REG exam in June 2020 but unfortunately couldn’t travel to Delhi due to Covid-19. Apparently I was forced to defer the attempt to…
What is CPA (Certified Public Accountant)? A Certified Public Accountant or CPA is a respectable credential that is given to one by the American Institute of Certified Public Accountants (AICPA). One can achieve this credential by successfully passing the Uniform CPA Examination and also by meeting certain educational and experience requirements. All over the world, different countries have certifications equivalent to that of CPA like the CA designation in India. The US CPA is one…
There are many career options for aspirants who want expertise in the field of finance, accounting, taxation, business, etc. that offer good pay and better employment opportunities. Out of many courses, CPA (Certified Public Accountant) and CA (Chartered Accountant) designations conferred to qualified accountants. But, which one is better? Let’s go into detail about both the courses. https://youtu.be/n6mOh4XkPQQ Certified Public Accountant (CPA): A Certified Public Accountant (CPA) is a professional who has passed the Uniform…
CPA-FAR Section: Remember that everyone has different learning capabilities based on their retention capacity, their best time of day to study, past education, working experience. Keep note of all of these when you plan your studies. Below worked for me : Initial Reviews 1. Make sure that you go exactly as per the chapter flow of Becker & learning flow as well. Lecture (without pre reading), Skill practice animated video with exercise, followed by…
US CPA Exam A little caveat to begin with – I won’t call this a ‘tip’ or a ‘success mantra’ for passing your exams. All I am doing is giving my wisdom and hence a few or all of my exam strategies might or might not work for you. If you feel like some of these strategies are not suitable for you then stick to your belief and don’t get demotivated or inundated after reading…
I’m Sorujit, CPA-REG Exam First all thanks to Suri mam and Simandhar Education and special mention for Surya, Sumit , Bobby and Sripal sir for their constant support. To give a brief about myself cleared CA inter and CMA inter back in 2013 and 2014 respectively and post that attempted CA finals a numerous times failed but was heart broken when I failed bringing I think 197. My last CA final attempt was Nov 2018.…
Hi Everyone, this is Sumit Kumar Gupta. First of all, I would like to say you can do it for sure☺️. Now coming to strategy for studying CPA Exam(REG). In general, I would say that the most important thing you must do is avoid procrastination. Many of us are working professionals and have a busy season period, so it’s very important to be able to assess the situation and act accordingly. Be much more real…