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CPA Tips

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I often get this question, and my answer is always the same. I’ve been thinking about updating my knowledge. Being a working professional with a family, it was a big decision, but Sripal sir suggested I get into the CPA course, the US equivalent of CA in India. I went through the CPA course and took advice from some of my friends who had done it, and all suggested that it’s an excellent CPA course…

The below is the Preparation strategy I followed section wise: FAR: Since FAR is the lengthiest among all the sections, I made a study plan to cover at least one module per day and to cover its MCQ’s along with the simulations.During weekends, we have to make the best use of time and to cover maximum possible and to make sure that we cover the pending simulations of the previous week if any.Since it is…

Everyone has different strategies and plans to study a subject. But, others’ feedback will give you the much needed clarity while moving forward with your studies. Hence, my strategy. First of all, I took live classes of Sripal sir and Suraj sir and then took Becker lectures (especially of Peter Olinto). After taking the lecture, I generally made my own notes which definitely was time-consuming but it helped me during the last days of my…

I DON’T HAVE A VERY DETAILED STRATEGY TO TALK ABOUT, BUT I’M JUST ADDING A FEW POINTERS THAT HAVE REALLY HELPED ME. Just listening to the lectures doesn’t help. Go through the textbook thoroughly and make your notes.Don’t get carried away while making your notes. You will end up having another copy of the textbook if you do so. Just make crisp summaries that you can go through annually. Throw in flow charts or diagrams…

Happy to share that I, Namrata Jain cleared REG with 83. I just wanted to share a few points on how I prepared for the exam and successfully cleared it. Basically, I had no strategy for studies, but I made sure that I’ll schedule exams only when I feel I’m prepared for exams. Before starting my preparation, I noted suggestions that were shared by our Alumni. At first, I focused more on getting total concept…

I took about two months of study time to complete my Initial study and revision of the REG section Strategy My target was to complete each section within 5 or 6 days so that I can have a revision period of almost 10 days.I strictly followed this sequence of learning: – Video Lectures — Skill Practice — MCQ’s— & Simulations. When I couldn’t understand any of the MCQ’s or SIMS, I continued to study the…

The strategy that I followed with my BEC paper is that I always used to go through Becker lectures first, and then I speed read the Becker notes and underlined everything that I felt was important. ∙ Then I did my skills practice after which I did the MCQ’s and then finally did the Sims. ∙ I followed this until I completed all the modules. ∙ During this process, the most important thing is that…

AUD AUD is a theoretical subject. So, reading the modules or watching lectures is extremely important. I was more comfortable watching lectures, so I watched all the lectures twice during my studies. I watched lectures for topics like Sampling, Fraud, Audit Risk, SSAE, & SSARS engagements more than twice. SSAE, SSARS, and CPA Independence rules- You need to read these chapters and understand the concepts thoroughly. These parts are completely different from what you study…

STEP 1: TIME LIMIT (MAXIMUM 20 DAYS) Listen to Becker’s lectures and whenever you feel like you didn’t understand some concept you can always refer to Simandhar’s classes for conceptual clarity. Simultaneously, write down notes for each module and make sure you leave two pages blank after each module (useful at Step 2 and 3), this takes time but is extremely useful for revision. Also make sure you do skills practice videos, MCQs, and SIMs…