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AICPA approves all the different updates and changes that are made to the CPA examination every year, these changes include –adding new topics to the CPA course, altering the pre-existing sections, and also at times removing old ones. It is definitely necessary for one to be updated on all the changes so here is the latest information on the CPA 2021 exam changes. It is a fact that the accounting profession is evolving and emerging…

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…

My CPA Regulation journey: For me clearing CPA REG was the toughest thing. After failing twice in the regulation part I didn’t lose my hope but instead I started preparing again from scratch. There were lots of disturbances while preparing for the exam but consistency and determination to pass the exam has indeed helped me clear the exam. Everyone has their own strategies and plans for studying and clearing exams. Here are few things that…

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…

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…

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…

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…