FAR Study Tips
The Financial Accounting and Reporting (FAR) portion of the CPA exam undoubtedly contains the most amount of content. You will be tested on generally accepted accounting principles, non-for-profit accounting, and…
Continue readingThe Financial Accounting and Reporting (FAR) portion of the CPA exam undoubtedly contains the most amount of content. You will be tested on generally accepted accounting principles, non-for-profit accounting, and…
Continue readingKnowing exactly what to expect regarding the format of the CPA exam helps to take away some of the unpredictability on test day, which in turn reduces stress. The four…
Continue readingAdoption of ASC 842 The adoption date for ASC 842, the updated leasing standard, was January 1, 2019 for calendar year public companies. The standard replaces the old leasing standard,…
Continue readingBeing adequately prepared and doing well on the multiple-choice section of the CPA exam means that you can leave more time, and room for error, for the simulations. This portion…
Continue readingTask based simulations make up the second portion of all four test sections (AUD, BEC, FAR, and REG) of the CPA exam and are now worth 50% of a candidate’s…
Continue readingOne of the most common questions received from potential CPA candidates is “when should I start studying for the CPA exam?” Truthfully, the answer can be complex and situational, but…
Continue readingIn order to pass a section of the CPA exam you must score a 75% or greater, determined by the AICPA Board of Examiners. The passing score is determined using…
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