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Read MoreNINJA CPA Exam Study Guides

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Read MoreThe NINJAs intended to have a 4th of July Sale, they really did. Instead, their vehicle broke down in Kentucky, not once, but twice… (that’s a crazy story for another day … perhaps in a future Podcast). Announcing: The (belated) July 4th BOOM Sale (original, we know) Buy NINJA Book and get NINJA MCQ free
We are going to cover the 2015 CPA Exam changes. Now, if you are not familiar with another71, a little bit about me: I am a licensed CPA in the state of Kansas. I live here in flyover country. I created another71 back in 2008 and since then, it has become the most-visited CPA Exam
The AICPA has released the Q4 2014 CPA Exam Pass Rates. The Q4 Pass Rates are bad relative to the rest of 2014. AUD 2014 Q1: 47.35% Q2: 48.97% Q3: 47.41% Q4: 42.06% BEC 2014 Q1: 53.28% Q2: 58.20% Q3: 57.90% Q4: 51.95% FAR 2014 Q1: 44.06% Q2: 47.72% Q3: 51.14% Q4: 45.96% REG
MP3 Download (Right-click and Save): Death and Taxes VERSE 1: IRS, the taxes amounting Let’s go through cash basis accounting Allowed for individuals owning a business But corporations, they can’t get with this Carryovers, passive activity loss No carryback, no not at all Investment interest expense Is greater than investment income, yes, yea Installment
MP3 Download (Right-click and Save): Unmodified CHORUS: Unmodified, no longer unqualified These standards are clarified Financial Statements verified Yea, unmodifed, I gotta say welcome to the other side VERSE 1: Audit Reports must be in writing, must be signed and The location, city and state, where to find ‘em And the Unmodified Opinion The
MP3 Download (Right-click and Save): Economic Cycles CHORUS: It’s the E-C-O to the N – O – M – I- C -S Better do good on your test Supply & Demand, that’s the plan Economic cycles all across the land VERSE 1: Yo, let’s talk about supply curve When an item price increases, supply does
MP3 Download (Right-click and Save): IFRS: King on this Street CHORUS: Get out your 10-key, Excel Spreadsheet Ninja CPA, we gonna beat Any exam, we achieve that feat IFRS be the king on this street VERSE 1: International Account Standards Board issues IFRS They do that and more The most authoritative place you can see
The AICPA has released the 2014 CPA Exam Pass Rates for Q3. AUD 2014 Pass Rates Q3: 47.41% Q2: 48.97% Q1: 47.35% Q3 2014: 47.41% Q3 2013: 46.71% Q3 2012: 50.06% BEC 2014 Pass Rates Q3: 57.90% Q2: 58.20 Q1: 53.28% Q3 2014: 57.90% Q3 2013: 58.54% Q3 2012: 57.71% FAR 2014 Pass Rates Q3:
The NINJAs are giving away 5 NINJA MCQ subscriptions Friday. Details in the CPA Exam Forum. HIYA!
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