[Earla Riopel (NYCARE)]

So, I finally got my score through NASBA, I'm not sure if it is the official score since it has not posted to the CPA Central. My 2017 AUD passing mark of 77% is still showing at CPA Central, but my latest one taken in December 31, 2021 was showing in another webpage of NASBA under its “Get Score” feature.

Well, I'm not a quitter for most lot of things, but spending CPA registration fees and review courses for over two decades; enough to pay a bachelor degree and a master degree credentials are a bit too much for my budget.

I'll take my chance of finishing my recent BBA-Accounting degree, find a job. Worst case scenario, change career, develop my new bought 3.5 acres farm, enjoy retirement, downsize and invest my proceeds.

For what is worth, my accounting helps me and my family over the years. But getting an “A” in my recent DC-ACCT4880 (External Auditing) December 31, 2021 course, and a “B+” at UBC-455 (Auditing) in Summer 2018, and passing Auditing twice (2008/2017), and spending a lot of fees with nothing left to show for is a bit too much.

So, good luck everyone. I'm taking a break for now. I have to keep knocking other door(s) who are willing to open for me. Thanks, Jeff & all the support team.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

So, I finally braved it out and checked my REG score. My new REG score is around what I expected; it's the lowest score I remember for REG, since I started writing. Probably, if I did more #MCQs and #SIMs, I could have done better in retaining my US CPA study review materials. It is a matter of finding time to practice #MCQs & #SIMs. For sure, I will raise my score or even pass next time around.

Well, congratulations to those who passed.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

Great bank reconciliation from my last term professor: https://youtu.be/mQwJtOA8gkg
Good luck.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

Similar question, please see fellow Ninjas' response:
(1) https://www.another71.com/cpa-exam-forum/topic/bec-npvfcf-question/
(2) https://www.another71.com/cpa-exam-forum/topic/npv-of-project-confusion/
You can always try the Becker experts explanation on their textbook: https://www.facebook.com/1619827688305419/photos/a.2451223678499145/2451223691832477/?type=3&theater
Good luck.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

Hi there. You are so close with your journey. AUD is always my favorite section, passed it twice; first in 2008 (with Becker) & 2017 (with Ninja). I noticed, it helped me a lot when I read the MCQs & SIMs answers first, and then do the questions. Also, when I get the right answer on my first try, I still check it why I got the answer right. Good luck on your next try.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

Of course. It's the only profession that I know most of the industry terms. Someone can ask me to do their books, prepare taxes (mostly Canadian taxes) and at the same time, I'm able to explain to the clients what they are. Also, as mentioned above, it pays the bills, and you gain trust from business people, such as banks and other creditors; it's a great profession for life.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

@Vbmer, that's good to know. I intend to continue my USA CPA and Canadian CPA pursuit once I finish my Canadian BBA-Accounting degree in two years. I believe once I've taken newer BEC contents, I have a better shot on the CPA designation journey, both Canadian and the US.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

Hi @Trying.
Check the following threads, they have been helpful in my latest AUD exams:

AUD – Exam Experience

Failed AUD Three Times

FAR on AUD

Good luck!:)

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

Kamusta? As to my story, I spent 19 years of my life in the Philippines, and have been living in Canada for at least 30 years. I received my 4-yr Bachelor of Science in Commerce (Accounting major) from the University of San Agustin (October 1985), Iloilo City, Philippines. I started my journey with my US CPA designation in 1987 as a Washinton State exam candidate (grandfathered status since 2000 – due to passing Business Law in 1999). About at the same time in Canada, I was in pursuit of the former Chartered Accountant(CA), currently called Chartered Professionals Accountants(CPA) designation, which I started in 1994. I decided to do more schooling and pursued the UBC-DAP credential while waiting for my US CPA exam results and finding a ‘special' internship/articling for my former CA program. I thought I would be a US CPA in 2010 since I passed REG and AUD, and my FAR and BEC are in the 60s; however, with an 18months threshold, I lost my credits and my FAR and BEC marks deteriorated to around 60s/50s since then. So after eight years, I decided to go back to school in Canada and started pursuing the new Canadian CPA designation, which internship/work experience is very similar to the US CPA. Unfortunately, I recently learned that any prior courses taken, after 10 years, they are no longer acceptable credits in Canada, especially for pursuing higher education. Most colleges will give you an equivalent to high school and have to take English courses. However, not all bad, CPA Canada will grant you at least 3 years' worth of your degree as per WES evaluation; likely, you will only have to take one course in each area of an accounting major degree, for example. This is why each time I met someone who likes to go back to school, I want them to be aware of the school system in that country or state. So far, I am doing fine, enjoying college life, hoping to graduate with my last two young adults attending SFU, doing their computer science (AI major). I haven't forgotten my US CPA (the last exam was taken in 2019) and Canadian CPA yet (last assessed 2018/2019). I know I have a better chance of becoming a US CPA or a Canadian CPA if I nailed my BEC contents. Anyway, as to my USA'85, it's called Bachelor in Accountancy with a 5-years degree program now; I requested my BSC'85 TOR, two years ago. I am so glad my USA alma mater has been keeping up with the changes, including outside Philippines educational requirements. For now, once I graduate from my BBA-Accounting degree, I might try as another state exam candidate, a state where my husband wants to retire (he still have 7-12 years of working life), somewhere warm during the winter season in Canada (we live in Surrey), closed to Canada/USA border. Lastly, my apology for the long post, I am just so excited to share my story and meeting you here; I didn't know you are also here. Good luck with the application, please do it sooner. ‘Paalam muna, sa susunod uli'(good bye for now)!:)

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

@Inviteyou MCQ: “How do they get 55 months? I calculated 52. Sept. x5 – Dec. x5 PLUS 4 years (48 months) = 52.
Dixon Co. incurred costs of $3,300 when it issued, on August 31, 20X5, five-year debenture bonds dated April 1, 20X5. Dixon uses the straight-line method to amortize bond issue costs. By what amount is 20X5 interest expense increased by the amortization of bond issue costs? A. $220 B. $240 C. $495 D. $3,300 B is the correct answer.
Explanation: There are four years and seven months in the bond term (5 years less the 5 months from April 1 to August 31) or a total of 55 months. Thus, the 20X5 amortization of bond issue costs is $240 [(4/55)$3,300]. The bonds were outstanding four months in 20X5.”

Hi. This is how I calculated:
30-Apr
31-May
30-Jun
31-Jul
31-Aug
30-Sep +1
31-Oct +1
30-Nov +1
31-Dec +1
+12
+12
+12
+12
31-Jan +1
28-Feb +1
31-Mar +1 = 55
Goodluck!:)

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

Many years ago, I used to work as a T1 (Canadian Tax) and a back-up T1 tax preparer at one of the Big 4s. I noticed if we had to work late, we ordered food, but no related hotel accommodation since we live around nearby cities (maximum 1hr drive). We usually add our OT dinner to the most tedious T1 preparation work; thus, the extra $5-$10 dinner cost is hardly noticeable to the clients' final bill.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

Repost: This is not a “spam”:)
Thanks for starting this thread; I hope I didn't hijack it, sort of.:) Well, with a consultation with my son (former Douglas (1st-2nd year levels; currently a 3rd-year computer science majoring in AI (same program with his sister), he at least gave the advice to check the computer lab Excel's add-ins option menu, before the exams. It makes sense, once I added the Analysis Tool Pack and MegaStat from my instructor's online helpful Excel folders. Now, it sort of resembles the computer lab's Excel. As to graphs, tables, and charts, YouTube is a great help in this area. Also, I haven't taken the Excel and accounting apps courses required in my BBA-Accounting program yet. I am so looking forward to taking these courses. I have the basic knowledge in these areas (taken them many years ago) but with the new accounting apps and Excel add-ins, I definitely need to take these courses; it would be fun since I like computers.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

Thanks for starting this thread; I hope I didn't hijack it, sort of.:) Well, with a consultation with my son (former Douglas (1st-2nd year levels; currently a 3rd-year computer science majoring in AI (same program with his sister), he at least gave the advice to check the computer lab Excel's add-ins option menu, before the exams. It makes sense, once I added the Analysis Tool Pack and MegaStat from my instructor's online helpful Excel folders. Now, it sort of resembles the computer lab's Excel. As to graphs, tables, and charts, YouTube is a great help in this area. Also, I haven't taken the Excel and accounting apps courses required in my BBA-Accounting program yet. I am so looking forward to taking these courses. I have the basic knowledge in these areas (taken them many years ago) but with the new accounting apps and Excel add-ins, I definitely need to take these courses; it would be fun since I like computers.

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

I think in the next US CPA exam, I will use the Excel feature of the exam. I started using spreadsheets since the late 80s; first, Lotus 123 and then, MS Excel in since the early '90s. It's nothing fancy, just the simple table for personal budgeting, FS schedules and tax schedules.

Since I went back to school in 2018, I have been using it for homework assignments. Also, I noticed, in my current BBA-Accounting program, Excel is a must for some of my accounting, business, and finance courses.

Recently, I have a Statistics exam which involved using the Excel app; I didn't realize that the Student MS 360 Excel version app, which I use at home and my student account is completely different from the Excel spreadsheet in our college computer lab for the exam (offline). It was worth 10% of my overall mark, and an eye-opener for me to be aware that not all Excel apps have the same features.

I don't have must background with Statistics, thus when two of my undergrad young adult kids took it last term, I thought I could get some tutoring. Unfortunately, theirs is totally a different learning style; they used graphing calculator and not much of Excel for the exam.

Well, I just have to spend more time in my college lab and AICPA website for Excel Tutorial, since I realized, not ALL Excel apps are the same. I believe the only thing that is holding me back in my Canadian CPA accounting is Statistics. It's not so much with the US CPA exam since there's hardly any Statistics questions, except with Excel features in our US CPA exam, which is great for formulas.

Good luck with your Excel adventures!:)

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Earla Riopel (NYCARE)]

I think in the next US CPA exam, I will use the Excel feature of the exam. I started using spreadsheets since the late 80s; first, Lotus 123 and then, MS Excel in since the early '90s. It's nothing fancy, just the simple table for personal budgeting, FS schedules and tax schedules.

Since I went back to school in 2018, I have been using it for homework assignments. Also, I noticed, in my current BBA-Accounting program, Excel is a must for some of my accounting, business, and finance courses.

Recently, I have a Statistics exam which involved using the Excel app; I didn't realize that the Student MS 360 Excel version app, which I use at home and my student account is completely different from the Excel spreadsheet in our college computer lab for the exam (offline). It was worth 10% of my overall mark, and an eye-opener for me to be aware that not all Excel apps have the same features.

I don't have must background with Statistics, thus when two of my undergrad young adult kids took it last term, I thought I could get some tutoring. Unfortunately, theirs is totally a different learning style; they used graphing calculator and not much of Excel for the exam.

Well, I just have to spend more time in my college lab and AICPA website for Excel Tutorial, since I realized, not ALL Excel apps are the same. I believe the only thing that is holding me back in my Canadian CPA accounting is Statistics. It's not so much with the US CPA exam since there's hardly any Statistics questions, except with Excel features in our US CPA exam, which is great for formulas.

Good luck with your Excel adventures!:)

AUD - 49
BEC - NINJA in Training
FAR - NINJA in Training
REG - 55

Passed: AUD (75%'08/77%'17), REG (76%'09) & BLaw(77%'99); highest on FAR (63%'11/'15) & BEC (63%'11). Credit Hours: USA(PH)-BCom'85(4yr-grandfathered); UBC-(DAP'02/'19); DC-(BBA-Acctg.'22-4th yr)=over 150 hrs credits

[Author]

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