http://www.another71.com/cpa-exam-forum/ Powered by Another71.com en-US Sun, 14 Mar 2010 08:39:52 +0000 http://bbpress.org/?v=1.0.2 q http://www.another71.com/cpa-exam-forum/search.php http://www.another71.com/cpa-exam-forum/topic/cpa-exams-cover-everything#post-22376 Sat, 13 Mar 2010 21:10:57 +0000 plccasngl 22376@http://www.another71.com/cpa-exam-forum/ <p>75 CPA, what school did you get your undergrad degree because the classes I took from my school are not as easy as you said. I had to put a lot of effort (meaning study everyday and consistently do homework) to earn an A? </p> http://www.another71.com/cpa-exam-forum/topic/cpa-exams-cover-everything#post-22375 Sat, 13 Mar 2010 19:21:06 +0000 75 CPA 22375@http://www.another71.com/cpa-exam-forum/ <p>Soanxious</p> <p>AUD is my last exam. I took the AUD exam 2 weeks ago. However, I went to bat with a short stick. I only studied for 8 weeks. I took the exam before I was ready. However, I only can lose $300. It was worth the gamble. My expiration date is July 10. I will nail AUD in May if I did not make it this time.</p> <p>I am now doing some light studying with Bob Monette's Hot Spots and Intensive Review (Bisk). Bob Monette and Dr. Plil Yaeger make up for my deficient college education in accounting! I am paying for the lack of rigor and lack of accounting courses at my state college. My 4.0 GPA in both undergraduate and graduate courses mean nothing on these CPA exams!</p> <p>We both got a slow start out of the gate. However, now that we know how to prepare for these exams, there is nothing that can stop us from crossing the finish line! </p> http://www.another71.com/cpa-exam-forum/topic/transfer-cpa-exam-credit#post-22374 Sat, 13 Mar 2010 19:15:08 +0000 dstceo41 22374@http://www.another71.com/cpa-exam-forum/ <p>Yes, you can. However, you need to be careful where you transfer your credit and this is why: </p> <p>Some states only grant CPA licenses based on experience earned while working in public accounting and only for audit/attestation experience. I earned my CPA exam credits in Michigan, but I can not get a license in Michigan since I no longer work in public accounting because the experience requirements in Michigan consist of a candidate completing an audit, review, AND compilation while under the supervision of a CPA (internal audits do not count).</p> <p>I am transferring my credit to Illinois (Michigan charges $15 to complete the form) because I can use the experience I have gained in industry as a tax person to get a CPA license in IL. Illinois is a two tiered state. Meaning, I can transfer my scores to Illinois and for $345 I will get an Illinois CPA certificate. Having this certificate means I can use the CPA credential. I equate this to "Registered" status that most states have. In addition, if I want to hold myself out as a licensed CPA, I can also apply for licensing ($120), and I will be a licensed CPA in Illinois, meaning I will need CPE credits to maintain my license.</p> <p>I know quite a few people in Michigan who have received their credentials in Illinois in order to be a CPA after they have left public accounting. Please do your homework when choosing a state for licensure as I am not sure you can transfer your credits multiple times. Sorry so long, but I hope this helps! </p> http://www.another71.com/cpa-exam-forum/topic/auditing-help#post-22373 Sat, 13 Mar 2010 18:42:09 +0000 Dale 22373@http://www.another71.com/cpa-exam-forum/ <p>You can pass all parts in 8 months if you put a ton of time and focus into it. I started studying for the exam back in October and have 2 sections passed, another taken (fairly certain I passed), and working on FAR as my last section. I haven't seen any of the materials in a classroom setting in 10 years or so. I've used the Becker courses so far. </p> http://www.another71.com/cpa-exam-forum/topic/becker-reg-final-review#post-22372 Sat, 13 Mar 2010 18:38:42 +0000 Dale 22372@http://www.another71.com/cpa-exam-forum/ <p>Did you get all of the sim items correctly or just looking at the report? The simulations you have to self-grade (ie you always get marked correct for written and research regardless of what you put in on it). If you only got 41% and 37% on the 2nd and 3rd testlets for the MC questions you should be concerned. Look at the topics those questions covered and review them. </p> http://www.another71.com/cpa-exam-forum/topic/compare-and-contrast-audit-reports#post-22371 Sat, 13 Mar 2010 18:35:46 +0000 Dale 22371@http://www.another71.com/cpa-exam-forum/ <p>I believe Becker has the summary highlighting the differences. If you are looking at specific wording though you'll just need to look at examples of each of them. </p> http://www.another71.com/cpa-exam-forum/topic/need-a-job#post-22370 Sat, 13 Mar 2010 18:23:48 +0000 ado84 22370@http://www.another71.com/cpa-exam-forum/ <p>anyone working in LA area, orange county or inland empire let me know if their firm is hiring?<br /> thanks </p> http://www.another71.com/cpa-exam-forum/topic/becker-reg-final-review#post-22369 Sat, 13 Mar 2010 16:24:14 +0000 dhuffman 22369@http://www.another71.com/cpa-exam-forum/ <p>How close are the scores on the Final review to the actual thing? I got a 62,41,37 on the testlets and 80,100,0,60,100,100 for sim 1 and 60,40,80,100,100 for sim 2. This is the very first time I have used the Final test with Becker. Mostly been using the Progress tests and scoring in the 80's.</p> <p>I do have 6 weeks to go and have the Yaeger CRAM to get me past any issues I have. </p> http://www.another71.com/cpa-exam-forum/topic/oklahoma-people#post-22368 Sat, 13 Mar 2010 13:42:22 +0000 CPAOK 22368@http://www.another71.com/cpa-exam-forum/ <p>dhuffman,</p> <p>The OAB usually sends those out after the second wave has been released. You probably won't get them till about 1.5 - 2 weeks after the last section of wave two is released. I wouldn't worry about it too much as the evaluation doesn't give you a whole lot of information. </p> http://www.another71.com/cpa-exam-forum/topic/becker-material-is-expiring#post-22367 Sat, 13 Mar 2010 07:50:32 +0000 75 CPA 22367@http://www.another71.com/cpa-exam-forum/ <p>I bought all 4 sections of the Becker FINAL REVIEW CDs last year. All four sections expired exactly 1 year later. (Becker has now extended that time to 18 months.) Unfortunately, I failed FAR the first time I took it. By the time I took FAR again, BEC and AUD expired. Therefore, I threw the expired Becker materials into the trash! </p> <p>Expiration dates are my #1 pet peeve about Becker! I have enough to do for these exams without worrying about Becker's expiration dates. I want to own their software. I do not want to lease it for only for 18 months. Only Roger is more rigid. Roger expires after only 9 months!</p> <p>There is no such thing as a free lunch with Becker materials after 18 months. After the expiration date you will have to come up with a lot of money, even if you sent in a performance report showing that you completed 100% of the lectures, and got 90% of the homework multiple choice questions correct. It is going to cost you $250 ($155 for new materials plus $95 shipping) per section ($1,000 total). If you did not send in a performance report, it will cost you a “discounted price” as a former student of $550 ($455 materials + $95 shipping charges). That is a total of $2,200 for all four sections! That is in addition to the almost $3,000 that you paid for all four sections the first time! (Note: Becker’s renewal prices have gone up.)</p> <p>Employers may pay for Becker the first time, but I do not think that they will pay to renew Becker after the expiration date of 18 months.</p> <p>You can buy Yaeger’s Home Study with Jeff’s discount for less money than you can renew Becker at the discounted price of $560! Additionally, Yaeger does not expire. </p> http://www.another71.com/cpa-exam-forum/topic/compare-and-contrast-audit-reports#post-22366 Sat, 13 Mar 2010 01:19:44 +0000 Lee_IN 22366@http://www.another71.com/cpa-exam-forum/ <p>I thought Becker had something close in their book. An overview chart. Probably not the various wording details but it was pretty good if I remember correctly. </p> http://www.another71.com/cpa-exam-forum/topic/transfer-cpa-exam-credit#post-22365 Sat, 13 Mar 2010 01:17:32 +0000 Lee_IN 22365@http://www.another71.com/cpa-exam-forum/ <p>Yes, you can tranfer. Just check with the state boards of both states to see how this is done. I am from Indiana and the IN Board of Accountancy has a forms to transfer grades to IN and from IN. Good Luck. </p> http://www.another71.com/cpa-exam-forum/topic/becker-material-is-expiring#post-22364 Fri, 12 Mar 2010 21:44:18 +0000 Vern 22364@http://www.another71.com/cpa-exam-forum/ <p>csin832: Do you recommend using the CD? I feel like Gleim Online covers a lot of material. Are the CD's more helpful than Gleim Online. Gleim doesn't say that you need to use the CD's for the Gleim guarantee. I know it will help of coarse, but should I start paying more attention the CD's</p> <p>Thanks in Advance </p> http://www.another71.com/cpa-exam-forum/topic/auditing-help#post-22363 Fri, 12 Mar 2010 21:10:21 +0000 Vern 22363@http://www.another71.com/cpa-exam-forum/ <p>Thanks for everybody's advice. I just finished up Undergrad Auditing to bring me to 150 credit hours. I do a lot of Financial Accounting (Staff Accountant) at my current job so I'm trying to save FAR as the last. I'm a little concerned about the MC questions. I looked at some Becker Examples and they are different from the Gleim Material I've been studying. My professor would only let me use Gleim for an Independent Study. I have already sunk 600 into Gleim so I don't know if I should invest in another test prep. It seems like a lot of MC questions relate to the Reports, so I'm going to try and memorize them. Does anybody know if the 2011 exams are going to be more difficult. I think I'm going to have a hard time passing all parts in 8 months </p> http://www.another71.com/cpa-exam-forum/topic/oklahoma-people#post-22362 Fri, 12 Mar 2010 18:45:50 +0000 dhuffman 22362@http://www.another71.com/cpa-exam-forum/ <p>For anyone in OK who took the test in Wave one and has their score up on the OAB site; have you received your mail copy yet? I'm still waiting for mine to see which parts I did so badly on. </p> http://www.another71.com/cpa-exam-forum/topic/auditing-help#post-22360 Fri, 12 Mar 2010 17:10:33 +0000 CapitalGains 22360@http://www.another71.com/cpa-exam-forum/ <p>I would focus on audit reports (know the language, know how it changes), SSARS and SSAE, internal controls, substantive testing, evidence &amp; procedures, and the general flow of the audit process. These seem to be the major topics that are hit again and again. Other topics are important as well (statistical theory and sampling, how IT affects audits, non-GAAS) but aren't as heavily tested. </p> http://www.another71.com/cpa-exam-forum/topic/transfer-cpa-exam-credit#post-22357 Fri, 12 Mar 2010 16:25:47 +0000 PursuitCPA 22357@http://www.another71.com/cpa-exam-forum/ <p>Can you transfer the CPA Credit to another state if the work requirement is too crazy and you cant find a job? I plan to fulfill education req for other states. I am not taking this exam again. </p> <p>Is this possible? </p> http://www.another71.com/cpa-exam-forum/topic/auditing-help#post-22356 Fri, 12 Mar 2010 16:05:53 +0000 Bobbins 22356@http://www.another71.com/cpa-exam-forum/ <p>Know the composition of the different audit reports forwards and backwards. Know how they change for different circumstances. Know when to add/delete certain sections. I don't think it's bad to take Audit first since I did myself, I thought it was an "easy" section to start with and also the one where you have the most time to finish the given material in the exam. So it does make a nice confidence boost. </p> http://www.another71.com/cpa-exam-forum/topic/auditing-help#post-22354 Fri, 12 Mar 2010 15:54:24 +0000 75 CPA 22354@http://www.another71.com/cpa-exam-forum/ <p>Take FAR before AUD. The background for AUD is FAR.</p> <p>Gleim doesn't quite go back to the basics; you have to already be familiar with the material to some extent. Gleim's strength is also their weakness, especially in FAR. If I had a Gleim question that I had not covered in college, I was in trouble! Gleim’s lectures and books are worthless. Gleim's audio and books are only good for answering their true and false questions; they are worthless as a resource for FAR problem solving. </p> <p>I need a teacher! I had to enroll in Yaeger. Yaeger is very strong in their lectures and they review hundreds of multiple choice questions.</p> <p>I still like Gleim. I think that they are the best at organizing multiple choice questions.<br /> However, I would recommend that the CPA candidate find another review course, like Yaeger, that offers college type lectures to supplement Gleim. I now only use Gleim in their Test Mode AFTER I have reviewed the material with Yaeger. I will continue to buy Gleim Test Prep, but I will no longer buy their full online course. </p> http://www.another71.com/cpa-exam-forum/topic/how-do-you-study-during-tax-season/page/2#post-22353 Fri, 12 Mar 2010 15:52:42 +0000 luckypenny786 22353@http://www.another71.com/cpa-exam-forum/ <p>By the way... I'm not sure how CPA Excel flashcards are, but I find it helpful to just make my own. Writing things down multiple times really helps me remember everything. </p> http://www.another71.com/cpa-exam-forum/topic/how-do-you-study-during-tax-season#post-22352 Fri, 12 Mar 2010 15:30:00 +0000 luckypenny786 22352@http://www.another71.com/cpa-exam-forum/ <p>I'm taking FAR in May 26th and there's NO way I'm studying right now. I've thought about it, but there's really no way... I've been working over 70 hrs/week so by the time I get home, I pretty much pass out. I have Sundays off but that's when I get everything else done (errands, cooking, cleaning...) I don't have a family or kids so at least I don't have to worry about that...</p> <p>If you can, I would re-schedule your exam for the end of the month. May 26th was the latest I could schedule FAR since my NTS expires at the end of the month... Hopefully 6 weeks should be enough to study after tax season! I'm worried about FAR since there's so much material. This is my last section so I'm really hoping to get it done so I can reclaim my life!! </p> http://www.another71.com/cpa-exam-forum/topic/compare-and-contrast-audit-reports#post-22351 Fri, 12 Mar 2010 15:23:07 +0000 75 CPA 22351@http://www.another71.com/cpa-exam-forum/ <p>Has anyone made a summary of the differences in the Standard Report, Review Report, Compilation Report, Attestation Reports, and the Public Company Reports (standard and review)? I would be especially interested in the differences in the wording of the introduction, scope, and opinion paragraphs. Additionally, I would be interested in any other differences that you can find. All of my review materials talk about the differences in the reports, but none of the review courses put all of that information on one page. </p> <p> Thanks! </p> http://www.another71.com/cpa-exam-forum/topic/auditing-help#post-22350 Fri, 12 Mar 2010 15:15:07 +0000 Vern 22350@http://www.another71.com/cpa-exam-forum/ <p>I just submitted my application this week, and I'm now waiting for my "Notice to Schedule". I was just wondering if anybody has any advice on what to really focus on for Auditing. My ultimate goal is to have all parts done by 2011, but these forums are quite intimating. I'm using Gleim Online for my test prep. Does anybody have any experience with Gleim? </p> <p>Thanks in Advance!! </p> http://www.another71.com/cpa-exam-forum/topic/cpa-exams-cover-everything#post-22349 Fri, 12 Mar 2010 14:26:05 +0000 Soanxious 22349@http://www.another71.com/cpa-exam-forum/ <p>75 CPA - We do have very similar stories. I started with Becker for college credit in 2007. After I did the four exams and failed I focused on AUD. I am now at eight exam attempts total (all four the first time, and four AUD attempts). I am so hoping to see a passing score from AUD from 1/5. It is very encourging to see you started like I did and you passed three. </p> <p>I was also like you not knowing there was anything else out there. I bought the Gleim books / lectures around the time I took Becker for credit and I used the lectures the most but not anything else. I have purchased I can't even tell you how many Becker books as time rolled on and I kept attempting. I wrote their books out, I underlined them, you name it, and still didn't pass. Then I started researching and finding things, and I found this site. I was so glad to find there were others out there that were like me. I would read posts (and still do) and found that almost word for word people were having the same problems, finding the same things, frustrated as I was. I now hopefully found what works for me the way I need to retain the material. I am at approx 14k into this test, and 3 years of my life. I understand the material. I was a great student in school I just have to find how to retain it when you don't know what is going to be tested, and that is the trick to it. </p> <p>May your journey be done soon! :O) </p> http://www.another71.com/cpa-exam-forum/topic/looking-for-a-job/page/2#post-22348 Fri, 12 Mar 2010 14:18:48 +0000 PursuitCPA 22348@http://www.another71.com/cpa-exam-forum/ <p>Except there is a total of 5 jobs listed on my University's Website for Accounting =) 1-2 are gov jobs that no one ever gets</p> <p>Not everyone can get into the big 4 or top 100 firm. This is a huge misconception in school. </p> http://www.another71.com/cpa-exam-forum/topic/do-you-guys-have-dreams-about-your-score/page/2#post-22347 Fri, 12 Mar 2010 13:57:33 +0000 Yandra 22347@http://www.another71.com/cpa-exam-forum/ <p>I dream for the past few days that I got an 85 on BEC.... Lets see next week when scores are released...!!! </p> http://www.another71.com/cpa-exam-forum/topic/how-do-you-study-during-tax-season#post-22346 Fri, 12 Mar 2010 13:36:38 +0000 Yandra 22346@http://www.another71.com/cpa-exam-forum/ <p>First I want to congratulate everyone who is crazy enough to study for the CPA Exam during Tax Season.....Especially those of you who also have to take care of your families. In my case I decided to retake studying for the CPA Exam after four very dificult years, personally &amp; professionally &amp; failing five times the BEC section and two times the AUD section.</p> <p>I took BEC on 02/20/2010. I'm praying to all the accounting Gods for a passing grade. I'm scheduled to take AUD on 04/03/2010, REG on 05/26/2010 &amp; FAR on 08/02/2010. Studying during Tax season was not a choice, is a mere determination to pass this exam once and for all before my 33th Birthday on August 06, so I can finally move on with my life.</p> <p>Since I have no social life whatsoever during tax season and my love life is non existant. I thought it would be a good idea to keep myself extremely occupied... by working 60 hours a week at my firm &amp; studying the rest of the time available. I do miss working out at the gym which is the only entertaiment I've got so far. </p> <p>So Good Luck &amp; my Best Wishes to Everyone....... I know WE CAN DO IT........ :0)</p> <p>P.S. --&gt;&gt; If any one have suggestions or tips for the AUD section, I will really appreciated.. </p> http://www.another71.com/cpa-exam-forum/topic/how-do-you-study-during-tax-season#post-22345 Fri, 12 Mar 2010 12:45:44 +0000 The GaJone 22345@http://www.another71.com/cpa-exam-forum/ <p>Yeah if I were working anything more than 55 I don't know how on earth I'd do it. </p> http://www.another71.com/cpa-exam-forum/topic/looking-for-a-job#post-22344 Fri, 12 Mar 2010 12:41:14 +0000 thenarvin 22344@http://www.another71.com/cpa-exam-forum/ <p>From my understanding, the only way to get an entry level job in public accounting is through campus recruiting. I think that campus recruiting was the best move I made while in college. I was offered three different positions with the Big Four and another with Grant Thorton. I networked my @ss off at those recruiting events, but I'd say they are definitely worth attending. Get to know the campus recruiters from each of the firms. They are invaluable to you in your job search.</p> <p>Although we are passing through a dismal time for employment, there are definitely still jobs to be found through campus recruiting. Take advantage of it while you are still in school. </p> http://www.another71.com/cpa-exam-forum/topic/reg-exam-prep-january-february-2010-window/page/71#post-22343 Fri, 12 Mar 2010 12:19:33 +0000 REG-NY 22343@http://www.another71.com/cpa-exam-forum/ <p>I hope we will get our grade by Friday, March 19th. I am praying for 75 and will be done..... </p> http://www.another71.com/cpa-exam-forum/topic/far-frustration-frustration-frustration#post-22342 Fri, 12 Mar 2010 11:02:00 +0000 JM2010FL 22342@http://www.another71.com/cpa-exam-forum/ <p>Hey gateway, I never took a practice test or timed myself and was able to pass FAR on my first try!<br /> I used Yaeger and Wiley, I kinda cheated when answering the quesitons in Wiley (looking at my notes).......<br /> You should just learn the material and not worry about your Becker prep scores....</p> <p>And Pursuit 74 sucks! but I rather be unemployed than brankrupted...lol</p> <p>BEC 77 - FAR 78 - REG 73, 74, 75, AUD 70, 75 </p> http://www.another71.com/cpa-exam-forum/topic/far-frustration-frustration-frustration#post-22341 Fri, 12 Mar 2010 10:45:08 +0000 PursuitCPA 22341@http://www.another71.com/cpa-exam-forum/ <p>you dont know what frustration is</p> <p>how about being unemployed and getting a 74 </p> http://www.another71.com/cpa-exam-forum/topic/il-scores/page/12#post-22340 Fri, 12 Mar 2010 10:07:08 +0000 Soanxious 22340@http://www.another71.com/cpa-exam-forum/ <p>Thanks! The next two months should be fun. </p> http://www.another71.com/cpa-exam-forum/topic/300-club#post-22339 Fri, 12 Mar 2010 09:55:07 +0000 Another74.74... 22339@http://www.another71.com/cpa-exam-forum/ <p>connieCPAin2010 - Thank you!!! I'm SO excited to be done. It's amazing. I started taking the exam in 2004 and off and on since then (between dating/engagement/marriage/kid #1/moving/kid #2(due April 30,2010). It's been a long road. I never thought I'd see the day when it would be over. It's been two weeks since I found out and I'm so happy. I have a new peace inside I haven't had for a long time. </p> <p>dwadecpa - your comment made me laugh. It would be cool to say I got a "perfect" 300. But anything over the 299 I've had is just fine with me. </p> <p>So you've probably heard people say, "If I can do it, anyone can." I'm feeling like that's pretty true. I'm tempted to say, "you just have to have this and that and blah blah blah..... but you'll figure that out for yourself. Everyone is different. </p> http://www.another71.com/cpa-exam-forum/topic/far-frustration-frustration-frustration#post-22338 Fri, 12 Mar 2010 07:23:44 +0000 75 CPA 22338@http://www.another71.com/cpa-exam-forum/ <p>The material is not difficult, especially since I had some really good review programs. It is just the volume of material that is frustrating! </p> <p>I am a belt and suspenders type of guy. I would hate to loose my pants with FAR. Therefore, I used both Becker and Yaeger to pass FAR! Yaeger was more useful than Becker because Yaeger reviewed most of the multiple choice questions in the Wiley book. </p>