Welcome New NINJA Blogger Francine!

    FrancineHiYa!!

    My name is Francine and I am ready to become a Certified Public Accountant, now I just have to pass these CPA exams.

    I work as an accountant for a small pharmaceutical company. I have my B.S. in Accounting and I always thought about whether I was going to go for the Master’s or the CPA license. I constantly went back and forth with this decision for quite some time.

    I applied to 3 graduate schools and got accepted to all three. I took one class and decided that the Master’s route was not for me. Kudos to those who have their Master’s degree.

    I applied to become a CPA candidate and so far I have passed BEC. I was so excited when I checked my score and saw that I finally passed on the third try. I guess 3 times is the charm, because I took AUD twice so far and got a score of 70 on both exams.

    I’m going to study even harder, work through the NINJA MCQ and re-write the NINJA Notes so that I can pass on the third try. I plan to re-take it in April.

    Reading through the CPA Exam Forum and Another 71 Facebook page posts has really encouraged me to keep pushing myself and remain motivated. True failure would be giving up on something that I really want.

    Giving up is not an option, because I know there are plenty of opportunities that await me when I pass the remaining 3 exams.

    Good luck to all those that are taking the exam. Keep studying and stay focused on your goals!

    free-cpa-exam-questions-far

    March 31, 2015 NINJA CPA Review

    Welcoming New NINJA Blogger Dustin

    dustinski 2

    The dreaded sound of my alarm is blaring in the background again. I was studying for the CPA exam until midnight last night and it’s 6 AM, but there ain’t no rest for the wicked.

    I am attempting to complete my exams faster than most, and my hope is that I have success. I’d love to pass them all the first time, but trying to do them all in five months is a little ambitious, and who knows what kind of wrenches life may throw at me.

    Like last week when the boiler broke and carbon monoxide was all over my basement-I loved that. Or when a bearing on my vehicle broke and I spent half a day at Midas. There is only so much you can do. I don’t think it matters if you study 100 or 200 of 400 hours, you will never feel totally comfortable.

    My name is Dustin. I am 22 years old and from Maine. 22? Wow he is so young! Naw, not really, I will have my 150 credits at the end of this semester, am starting at Big 4 in Boston this coming fall, and have met all requirements for both Maine and Massachusetts (definitely had to spell check that since I still can’t spell Massachusetts!).

    I was told that I am too young to take the exam now and I should wait for my “real-world” experience. I think those are words coming from somebody who wishes they had their exams done before they started working. Fighting words? Maybe.

    I am in my last semester of a 5-year BS in Accounting and MBA in Maine, and am quite ambitious. To be honest, I don’t need any awards for outstanding scores or anything of that sort. Being the 300 Club is good enough for me (75’s all around).

    I study hard, but still find time to stay active (playing intramural sports a few nights a week) and attempting to stay sane. I didn’t leave my house for three days once while studying for Audit and it wasn’t ideal. I almost never wear sweats in public, and I have definitely been doing that quite often.

    I got my first haircut in almost 2 months the other day and it was glorious, and I planned a mini weekend getaway for after my next exam. I used to drink sometimes for happiness, now I drink out of sadness (just kidding, I can’t even remember the last time I drank).

    Lucky for me, it is Maine, and it is winter- so it is pretty well cold and snowy all the damn time. Only thing I hate is that I can’t be skiing or snowboarding or something a tad more exciting than vegetating and losing sleep.

    I am one week from BEC and still have to get through 1.5 chapters, and yet here I am, writing this. I think it is good to take your mind away from the hustle once in a while.

    It is a marathon, not a sprint. Well, I’d sprint like hell if my mind could handle it. Only so much I can do.

    My social life is essentially gone- which is not ideal for a guy in his last semester of college. Luckily a few of my friends are in the same predicament, so we suffer together. I have a long-term girlfriend that sees very little of me these days, but I try to make an attempt to go out to dinner with her occasionally, or even get a coffee at Tim Hortons (yes that is right- we are ‘basically’ Canada- so we are drinking Tim’s).

    I think I looked at the news last week for fifteen minutes and was shocked at all of the crazy things happening in this world. That ISIS nonsense got me fired up, so I tend to avoid the media a week before an exam.

    I took Audit the day after the Superbowl. Wasn’t great planning on my part, but I am attempting to get these all in by May, so time was limited. I didn’t even know it was the day after the Superbowl until a week before my exam, so it is what it is.

    I reviewed during the first half and only started watching about half way through the third quarter. We have to make sacrifices to get what we want in this life, and I am attempting to make mine now, so that I won’t be making them in the future when I am working full-time with all sorts of other responsibilities.

    REG is in April and FAR will be in late May. If all goes well, then it is over. If not, then time to hit the scratch pads again and finish studying for the CPA exam in the months of July and August. Nobody really understands the CPA exam until you take the CPA exam. I tell people it is like the Bar Exam of accounting, doesn’t help. I usually just avoid questions now.

    Study hard, stay on track and I will try to do the same. You’ll look back on this and laugh. Actually, no you probably won’t. You will probably say that it sucked and was awful, but you only have to do it once. Keep working.

    CPA Exam Review

    March 30, 2015 NINJA CPA Review

    Welcoming New NINJA Blogger Ashley!

    Slow to Start Ashley

    My journey to CPA didn’t start with me. My story is unique in that I began college as a mechanical engineering major, who turned into a math major, and fell in love with an accounting major.

    My (now) husband began the CPA journey for us during our engagement (while I was still hoping to be an actuary) which carried into the early years of our marriage. His CPA journey took its toll on our marriage as newlyweds both in lack of time and in finances.

    His CPA journey ended sometime after I had decided that I, too, was going to be an accountant, but before I graduated. Somewhere in the midst of, “How is this marriage going to work?” and “How in the world could I possibly have gotten ANOTHER 74 and lost my (insert exam of choice here) credit?!”

    It was brutal.

    There are truly no words to describe it. My husband was feeling defeat in the worst way. I was feeling neglected and lonely. Something had to change. So, we said “Goodbye” to CPA exams, for a season.

    In May 2010, I graduated with dual Bachelor’s degrees in Accounting and Mathematics, minors in Economics and Insurance and Risk Management. I had internships. I was in Beta Alpha Psi. I was marketable, but the job market was, in the words of a professor, “the worst I’ve ever seen.”

    I recall one point where he was persuading my class to MBAs because he had not seen it this bad in his entire career. In hindsight, maybe I should have listened.

    Instead, I accepted the first job offer I received. It was a really great offer and it was my first grown up job. I couldn’t pass that up! I went to work for a local financial consulting firm owned and managed by a CPA. Including myself, there were three people in the office. Let’s just say, it wasn’t my cup of tea.

    At one point I recall thinking I should have just given into becoming a math teacher, despite every bone in my body uttering my mother’s famous words, “Don’t go into education.”

    Many of my classmates were still searching for their first professional position, so I committed to stay the course and gain valuable experience. And, ultimately, I wanted to begin studying and put a nail in the CPA coffin. However, the week after I received my NTS, I was let go from that first job. Most would think, “Awesome! Now is a perfect time to study!” I did not.

    I was stressed about how we were going to pay for my student loans, vehicle that was purchased after I obtained the (now nonexistent) job, mortgage, food, etc. I was defeated and made my job finding a job, not studying for the exams that were already paid for and scheduled. I did sit for those exams. Needless to say, we won’t talk about my first three scores.

    Fast-forward five years post-graduation and here we are. I now have two corporate accounting jobs under my belt. My husband (yes, we are still married) is a CFE. I’ve spent ample time serving in my church, loving my family, and enjoying life.

    But it’s time.

    I started my journey as a NINJA in February and would love for you to follow along with me as I put the final nails in this CPA coffin once and for all. Would you care to join me?

    HIYA!

    CPA Review

    March 30, 2015 NINJA CPA Review

    The NINJA500 Weekend Challenge

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    Update 3/30/15: 60+ NINJAs hit 500 MCQ this weekend, earning the NINJA MCQ community over 2 months of free NINJA BLITZ Access.

    You can take advantage of their hard work and sign up for NINJA MCQ.

    Access to NINJA BLITZ will be open until at least June 1, 2015 for NINJA MCQ subscribers.

    The NINJAs have had a lot of requests for the NINJA500 weekend challenge to return.

    So here it is…

    1) Between now and late Sunday night (whenever you call it a night) – do 500 NINJA MCQ.

    2) Post in THIS thread that you finished the 500 MCQ

    3) Every NINJA who posts in the forum thread, earns the rest of the NINJA MCQ ninjas one day’s access to the NINJA BLITZ cram-style videos.

    Example: 5 people post … 5 days of NINJA BLITZ are unlocked for the NINJA MCQ community.

    Example: 100 people post…100 days of NINJA BLITZ are unlocked (the ninjas are capping it at 100 days)

    Q: Does it have to be 500 MCQ from NINJA?
    A: Yes

    Q: Are you going to double-check?
    A: No. If the profession trusts you to protect the public interest, then so will the ninjas

    Q: Do I have to get the 500 MCQ correct?
    A: No – but if you’re going to spend the time – do it right. The goal here is to move you towards passing, not clicking through a bunch of questions to accomplish an arbitrary number of questions completed.

    Purchase/Renew NINJA MCQ ($47): http://www.another71.com/products-page/ninja-mcq

    Login to NINJA MCQ: http://www.ninjacpareview.com/

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    March 26, 2015 NINJA MCQ

    Test Your Might: BEC – Financial Analysis

    free-cpa-exam-questions

    The NINJAs are giving away a free section of NINJA MCQ.

    Answer the free BEC CPA Exam question in the facebook post below to enter the drawing.

    Deadline to enter is today (Thursday March 26, 2015) at 5pm Eastern.

    Cook Co.’s total costs of operating five sales offices last year was $500,000, of which $70,000 represented fixed costs. Cook has determined that total costs are significantly influenced by the number of sales offices operated. Last year’s costs and number of sales offices can be used as the basis for predicting annual costs. What would be the budgeted costs for the coming year if Cook were to operate seven sales offices?

    A. $700,000
    B. $672,000
    C. $614,000
    D. $586,000

    Answer on the Another71 Facebook page in order to enter the drawing.

    Test Your Might: BEC – Budget & AnalysisA NINJA MCQ winner ($47 value) will be chosen randomly. To enter, post your…
    Posted by Another71 on Thursday, March 26, 2015

    March 26, 2015 Test Your Might

    Welcome Back NINJA Blogger Rollie!

    Rollie SHello!

    My name is Rollie and I am a graduate of Augustana College in Sioux Falls, SD. Since graduating in 2011, I worked a few different jobs before landing my position as a staff accountant for the Good Samaritan Society at their national campus.

    I primarily focus on the accuracy of the financial statements for 16 individual Good Samaritan nursing homes in Kansas. I enjoy my job, but I want to keep moving forward in my career and pass the CPA exam!

    I have attempted REG, AUD and FAR; all three of them were colossal failures. So I took 8 months off, got married and adjusted to my new married life (this was a huge change for me).

    Beginning the 2nd week of March 2014, I started studying again, but this time was different. This time I am doing the NINJA method.

    Fast forward a year, and I have only passed REG. I have 2 attempts at FAR and then went to Mexico. I was going to take BEC at the end of February, but my doctor advised against it until we can get my depression/anxiety issues figured out. She said by the end of March, I will be ready to start testing again.

    For anybody with mental health issues, I understand how difficult it can be to study some days. My goal is to take BEC in the first week in April and then move on to FAR for the end of the testing window! I have until November 30th to finish passing the CPA Exam before losing REG.

    I am going to start passing! I look forward to being back and to hopefully share some encouraging and entertaining stories throughout this journey!

    CPA Review

    March 26, 2015 NINJA CPA Review

    Welcoming NINJA Blogger Josh!

    Joshua“Am I out of my mind?”

    This is the question I find myself asking every night after I cram in another hour of studying for a test. Not even sitting for the CPA exam yet, I find myself memorizing accounting terms and calculations as I lay in bed and I spend my time at work listening to YouTube lectures on “hedging foreign exchange risks on a balance sheet”.

    I have traded in my seat at the bar and my Playstation controller for four CPA Review textbooks and the prospect of spending the entire summer at a dining room table.

    The feeling I experience while typing that sentence is not one of joy. Such is the life of a late bloomer.

    My journey to accounting has been very similar to how I would describe my life in general: traditionally unconventional.

    I put in four moderately-challenging years at Arizona State, but I didn’t know if accounting was for me.

    After working four years in private accounting, I got my act together, set a solid career path for myself, and started working my butt off to get to my dream job.

    I knew that the CPA Exam was always a goal, but an additional $30,000 of student debt for a MACC or an MTAX was not. I was lucky enough to find Another71.com to see how other people navigated the same situation I was in, and finally set my sights on LSU Online.

    Since I am the type that of person that acknowledges logic and reason as I go screaming by them like a heat seeker to the land of dumb decisions, I decided to knock out four classes in three months so I can sit for FAR at the end of May.

    I have a test every week from now until the end of March, sometimes two in a week.

    “Am I out of my freaking mind!?”

    I told my girlfriend I wanted to wait on proposing until I had knocked out a good chunk of the CPA exam process. With that, I found my biggest cheerleader, and my harshest critic of study habits. I know she’s right (as always) and that I need to focus, but I am facing a bigger fear than studying for endless hours and doing MCQs until my clicking fingers bleed: failure.

    The other side of the coin that motivates me to seek the CPA designation is that if I fail, I accept full responsibility.

    I was not pushed in to taking this test, this was my decision.

    If I quit on this, or throw in the towel because I can’t dig deep enough, there is no one to blame for failing but me. I know this is going to suck, it already sucks and I haven’t even received my NTS yet.

    But if I am going to be the COO of the Los Angeles Rams, I need to suck it up and dig in for the biggest challenge of my life.

    It’s me and the CPA, Thunderdome style: two go in, only one comes out.

    “I really am out of my freaking mind!!”

    You better believe it. And I can’t wait to get started.

    CPA Review

    March 25, 2015 NINJA CPA Review

    NINJA Book is Complete! Free NINJA Notes with Purchase

    NINJA Book for REG, FAR, AUD, and BEC is here. HIYA!

    Comprehensive and Complete without added Filler

    AICPA-Licensed Content

    Integrated MCQs & Examples

    Easy to Read, Understand, and Remember the Concepts

    No Expensive Lecture Videos Needed

    Study on Desktop and Mobile

    Launch Promo: NINJA Notes Included with NINJA Book Purchase

    Download the Free Sample Chapters

    NINJA Book also comes bundled with the Ten Point Combo

    March 17, 2015 NINJA Book
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