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US CPA Exam A little caveat to begin with – I won’t call this a ‘tip’ or a ‘success mantra’ for passing your exams. All I am doing is giving my wisdom and hence a few or all of my exam strategies might or might not work for you. If you feel like some of these strategies are not suitable for you then stick to your belief and don’t get demotivated or inundated after reading…

I’m Sorujit, CPA-REG Exam First all thanks to Suri mam and Simandhar Education and special mention for Surya, Sumit , Bobby and Sripal sir for their constant support. To give a brief about myself cleared CA inter and CMA inter back in 2013 and 2014 respectively and post that attempted CA finals a numerous times failed but was heart broken when I failed bringing I think 197. My last CA final attempt was Nov 2018.…

Hi Everyone, this is Sumit Kumar Gupta. First of all, I would like to say you can do it for sure☺️. Now coming to strategy for studying CPA Exam(REG). In general, I would say that the most important thing you must do is avoid procrastination. Many of us are working professionals and have a busy season period, so it’s very important to be able to assess the situation and act accordingly. Be much more real…

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…

The CPA-AUD Exam (Auditing and Attestation) section focuses on the examination entity’s processes, compliance, and financial statements. This section evaluates the understanding of standard auditing procedures, fundamental principles, gathering evidence, and internal control concepts, etc of the candidates.   Many CPA aspirants think the CPA-AUD exam is related to the FAR section; it is because there’s a minor overlap in the requirements of GAAP reporting tested on both exams. Yes, there’s an overlap, but that wouldn’t…

Make your own notes: I studied CPA FAR Exam in a sequence i.e. lectures/ Skill practice videos/MCQs / & SIM. I took screenshots of skill videos which I thought were important but there aren’t sufficient materials. I took down notes especially for tricky or new concepts from MCQs and SIMs. Also revised chapters that were completed previously / modules in the next few days. Took notes where I felt I was weak. Then did PRS…

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…

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 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.…

The AICPA (American Institute of CPAs) has designed Task-Based Simulations (TBS) to test the processing abilities of candidates by combining many functions, applications, and areas of study. Don’t assume that the task-based simulations are a difficult part of the CPA exam.  Let’s know more about CPA task-based simulations. What are Task-Based Simulations in the CPA exam? Simulations are case-based problems that are required to make journal entries, research topics, match definitions, and also cite authoritative…