Do You Need a CPA Tutor?

cpa tutor

Anyone who wants to be a Certified Public Accountant must pass the Uniform CPA Examination, commonly known as the CPA Exam. However, this test is notoriously difficult, and only about 50% of people who take it pass on their first attempt. Therefore, many candidates hire a tutor to pass the CPA Exam. Although working with a […]

Continue reading

FIFO Method — First In, First Out

fifo accounting

If you’re studying to pass the CPA Exam or a college- or university-level accounting class, you’ll be required to have a fairly in-depth understanding of FIFO. We’re here to explain the FIFO method, and if you have further questions, leave a comment below! What is an inventory cost flow assumption? A cost flow assumption refers […]

Continue reading

AnalystPrep CFA® Review: Is AnalystPrep Good for CFA Exam?

analystprep cfa exam

The path to becoming a Chartered Financial Analyst is much smoother when you have the right CFA study material, like AnalystPrep CFA Review. With a CFA course, you can make studying more efficient and potentially reduce your study time. Plus, with the right CFA prep, you can increase your chances of passing the exam on the […]

Continue reading

5 Types of Tax Preparers

The business world needs the specialized expertise of tax preparers. But did you know that tax preparers fall into five categories based on their credentials? In this article, I’ll review each type and explain their differences. I’ll also discuss the pros and cons of pursuing each according to your career goals.  Categories of Tax Preparers […]

Continue reading

AFSP IRS: Annual Filing Season Program

best afsp course

Welcome to your ultimate guide to understanding the IRS Annual Filing Season Program. The IRS loves acronyms, and so do we. Therefore, we’ll happily use AFSP interchangeably with the Annual Filing Season Program from now on to make life just a little bit easier. (And we’ll learn some new acronyms along the way.)   And what could […]

Continue reading

Perpetual Inventory Systems

perpetual inventory system

Whether you’re studying to become a CPA or in an introductory accounting class, understanding the perpetual inventory system is essential. However, it’s not a difficult concept once you review the information contained within this article and practice the journal entries. If you need further assistance with this topic after reading the article, please drop a […]

Continue reading

Lambers EA Review Course

Lambers EA Review offers training products to help you self-study for the Special Enrollment Examination for the Enrolled Agent (EA) credential. In this article, I’ll go over some of the strengths and weaknesses of this review program to help you decide if Lambers is right for you. Background of Lambers Vincent W. Lambers started Lambers […]

Continue reading

What Are the 4 CPA Exam Sections? An Overview of AUD, FAR, REG & New CPA Disciplines

CPA Exam Sections IPasstheCPAExam.com

Passing the CPA Exam is a big hurdle in your professional career, and you may be wondering, “What are the 4 CPA Exam sections?” I’m here to make your journey a little easier by sharing my knowledge about the 4 CPA exam sections and how to get ready for it. To give you the best […]

Continue reading

CPA Exam Calculator & Excel

Do you have a favorite calculator? I do. I’ve had my calculator since college, and the numbers have faded from use. But when I took the CPA Exam, I left my calculator at home, and you should, too. Can you use a calculator on the CPA Exam? Yes, you can use one. But according to […]

Continue reading

How Hard is the CPA Exam?

How hard is the CPA Exam, really? This is a frequently asked question by current and future CPA Exam candidates. So, let’s face it. Becoming a CPA is hard! CPA candidates’ realization of the exam difficulty is primarily based on the historically low CPA Exam pass rates. Other reasons why the CPA Exam is hard include: […]

Continue reading