/r/CPA
The subreddit for CPA Candidates
Certified Public Accountant (CPA) Come here if you are looking for guidance to becoming a CPA. Study material suggestions, study tips, clarification on study topics, as well as score release threads. Tags: Certification, Accounts, Tax, Study, Help, Group
Certified Public Accountant or CPA is the title of qualified accountants in numerous countries in the English-speaking world. Wikipedia
CPA - We have either been through it, or are currently going through the study and CPA licensing process...
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AUD, REG, BEC Study Guides - SUPER HELPFUL
Passed 4/4 on First Try - Some insights I'd like to share - by u/informal detail
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/r/CPA
As the title says, I am graduating in May with my MSA. Additionally, I accepted an offer at a B4, with a start date of early September. I hope to knock out one or two exams (or more?) between May and September. I would appreciate any insights on what my next few months should look like.
Just wondering if anyone got their CPA later in their lives.
Hi! I am currently studying for my FAR exam. I’ve been using UWorld and I’ve got as far as PP&E and been going fairly well. I am looking for a group to study together, hold each other accountable, and discuss any issues we might have while studying. If anybody is interested please let me know :)
I'm taking REG in 2 weeks and will plan on taking TCP afterwards at the end of July. For anyone in this same position, just be aware that Becker is doing an update to the TCP textbook that will come out in early June 2024. I doubt that any changes that they're making will be drastic--probably just 2024 indexing. Just thought I'd throw this out there in case anyone would rather wait to order the updated version as the textbooks are $125 a pop now.
Come to think of it, though, starting in early June and being ready by end of July is probably cutting it close. Didn't realize the testing window for next TCP is July 1-July 31st 😅
My state is Florida. I have a completely unrelated bachelor's of science. No accounting or business classes. I know I need to have 24 semester hours of accounting and then 24 semester hours of business classes covered.
So if a semester is typically 12 semester hours, is it really going to take 2 whole years for me to get the credits just to be able to take the CPA exam? Am I understanding this correctly?
What's the easiest way to get these credits?
Help would be appreciated for anyone who has been in my spot.
The title
I’ve been going through the sims for the first time and I’d say out of 20 there’s probably 1 or 2 that I’ve got better than a 75% on.
Is anyone else having the same experience? Planning on absolutely hammering sims during reviews and mock exams/learning more after I’ve seen it for the first time and taking notes
who is a trustee for chapter 7 & 13 bankruptcy? Is it a creditor that the company/individual appoints.
if you decided you need to make changes/review your application in the performance stage, which stage should you store a copy?
Guys, was it hard to work full-time and prepare for CPA exams?
So I’m basically new here, took my undergrad outside of US, and I’m planning to take the US CPA. Finally had the courage to take the veryyy first step - credential evaluation. To be honest I’m scared I won’t even get to qualify to sit for the exam being the overthinker that I am.
While waiting for it to go through, I just wanted to hear from you guys.. what do you think is best thing to do while waiting for the evaluation?
I’m currently doing the free trials of review prep courses like Becker and Uworld (i’m still confused!!!) Do you think it would be wise to invest on a CPA review course as early as now? I’m planning on getting an unlimited access course so I can study as early and as much as possible.
If I qualify, I might schedule my first exam on the last quarter of this year and I’m taking FAR first.
How do you guys do this? My brain goes la la la and I cannot. I’m not dumb, but oh my lord it’s so hard to process this stuff.
Halp.
I passed REG and FAR in 2023. In January, it showed I had 18 months from January 1st. Today, it updated and showed I have 30 months, but not from the day I passed, not January 1st.
Feel like I just noticed it yesterday and thought it was a bug but it’s doing the same thing today
Background: recently let go from Big 4, collecting unemployment while I study full time for these exams. Just took FAR yesterday and am hoping to get AUD done in the same test window. I attempted AUD once before while working full time during busy season and failed with a 69, but tbh I probably don’t remember much from what I learned. I am hoping to take AUD by June 25th so I can get my score back along with FAR in the same testing window. Does this seem like a reasonable time frame, or should I schedule for third quarter release instead?
For those who have applied for licensure in Illinois or are in the process of applying, what do we have to do and about how long is the turnaround time to receive the license?
Hi all, I have uworld and watched farhat free lecture on YouTube. I feel i understand the concepts, bt as soon as i start doing McQs my concepts with interest rate goes wrong. My confidence is dropping, nervous 😬 my exams are in May.
M thinking for ninja/universal/ farhat monthly subscription for bond which one is worth?
Becker mainly focuses on the independence and other irrelevant differences, but what’s the real differences in what is actually being worked on for the 2 different paid services? Preparation is the service of preparing the financial statements, so is a compilation also the same preparation, but adds more services? Or is it less preparation and just consulting guidance? What are the actual duties of the accountant for each service? The definition Becker uses says Preparations prepares the financial statements and for compilation, it’s says the accountant “assists” management with preparing. So this would seem to imply a compilation is a lesser form of service which I think is incorrect.
If I’m a small plumbing company, when am I hiring an accountant for a preparation vs compilation of financial statements? If the plumber already prepares his own financial statements, would he still consider the need of hiring an accountant to compile the already prepared financial statements?
If you used Becker and got your score back, fill this out!
Link to the form: https://forms.gle/ZoUGkU3EbN3ZP9cv9
Link to the results: https://docs.google.com/spreadsheets/d/1W_kEe6PlPTvLCqz0TWXim9P0_SuemVqOTT-NL0WjKRw/edit?usp=sharing
For those that are in a similar position or was.
I know the only way to get better at sims is with time and through practice. But do you guys have any tips for how you gotten better at SIMS?
Thanks
When I took BEC I was superstitious about taking it the last day on 12/15 so I scheduled my exam for 12/14 & ended up passing with a 75😅 so the fact I just barely passed has me convinced if I took it on the 15th I would’ve failed.
I’m currently looking to schedule FAR and I’ll need all the time I can get but I’m superstitious about scheduling it 6/25 as opposed to 6/24.
Is anybody else as mentally ill as I am?? Somebody tell me I’m being stupid in KIND words.
I (thankfully) had a passing score on TCP, so I’m moving on with FAR … but there is no score report available. Was kinda curious since I scored lower than I had expected. Anyone else missing a score report for the discipline exam?
I took FAR, my last section, in mid-January and I haven’t picked up any studying for it since. It was my first time taking FAR, and I’ve taken way too many of these exams already to know that it did not go well. I wish I could’ve taken it before the December deadline, but I just didn’t have enough time. I want to start studying now so that I am ready for the inevitable bad news on June 4. Once I find out officially that I failed, I want to take it again by June 25 to make the July 31 results window (as I’m sure many of y’all are planning on doing).
My question is: how should I plan out my preparation? It’s been a long time since I’ve studied for this material, but I also think it would be wasteful to go through every module over again in Becker. I’ve been successful with running practice tests that include all of the content, and then going back to the MCQ/sims that I missed. However, are there certain sections that I should focus on before going to this final review stage? These are just the questions that I have thought of. All advice, tips, tricks, etc. would mean a lot.
For those who have taken ISC and studied Becker, did the sims on the exam look similar to those on Becker? I feel like the ones on Becker are more so common sense and reading comprehension based than anything but are very wordy. I don’t feel like I’m learning much from the Becker sims. Are the exam sims similar to Becker or should I look elsewhere to practice the sims?
Anybody tried to apply for initial NY license application? How you figure it out to fill out discipline exam date if there is still only option for BEC exam date box?
Please share with me if you know the answer. Thank you!
Why in 17 choice a computation (platt) we use 60-0 as the denominator if discount is not taken. But in 22, we use 30-10. Can someone please explain this to me
Currently practicing SIMs for FAR Exam 5/3. Does anyone know what chapter/module bank reconciliation and memo correction are in for SIMS? I’m not even sure if they’re still tested on FAR but I do remember people saying to practice them before.
Out of all of the discipline score releases it seems that ISC had the highest scores. Are TCP and BAR really that much harder?