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With all the disruptions and inconveniences COVID-19 has caused all over the globe in each field, it has been even more difficult for people to deal with situations. One of the most important situations that needs to be dealt with are ‘Exams’.  US CPA Exam in Nepal: However, even during these unpredictable times, the NASBA, AICPA and Prometric just made an amazing announcement for all those hard-working CPA aspirants. The announcement is stated as follows:…

US CPA Exam: “You never fail until you stop trying” – Albert Einstein. In 2000, I’d just graduated from a University with multiple honors within 3 years and I went to work for my first-choice employer. Life was very good; I was a young person making a great salary with an extremely bright future. My first priority as a tax accountant working for a global firm was to take the CPA course and pass the…

The uniform US CPA exam consists of 4 sections: Financial Accounting and Reporting (FAR), Auditing and Attestation (AUD), Business Environment and Concepts (BEC), and Regulation (REG). When it comes to the hardest section among all the exams, everyone says it’s FAR.  Why is FAR largely considered the hardest? Here are some reasons. Everyone has their difficulty in the exam, but if we take the majority as consideration, then FAR is the hardest part of the…

CPA-BEC Exam STRATEGY Everyone has a different style of learning. There is a saying that your mind imitates what you see and this is what I am, a visual learner. I attended live classes of BEC at Simandhar education and then I went through Becker’s lecture. It helped me understand concepts better.  Becker’s skills practice helped me a lot during my studies. They explained the topic in a very brief and crisp form, which helped…

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…

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…

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…

This is Varshitha Nadipineni, and I passed my CPA Exam with the latest score release, and this is my attempt at trying to explain what worked for me in. FAR: 1. First things first, do not get intimidated by the course material. Agreed it is bulky and has massive amounts of information to get through. But you definitely went through most of it at some point, while getting your accounting credits. 2. Keep looking out…

Cracking regulation is not a very easy task, as the whole subject is very new but when you understand each and every concept then it’s one of the most interesting subjects. The strategy which works for me is as follows: I go through lectures of each module at a time then make notes on my own which helps me to understand it in a better way. I used to do MCQs, skill practice, and Sims…

The difference between accounting and finance is that accounting is referred to as the flow of money in and out of an institute/company/organization. In contrast, finance is a term for the management of liabilities, assets, and planning of future growth. Accounting is more about compliance with laws and standards. Finance is all about growing money and mitigating losses.  Making a choice: Accounting vs Finance: Among accounting and finance, it’s hard to conclude which is best.…