Category Archives for CPA Exam Prep

exam quote on facing challenges

Exam Quotes: Motivation to Pass the Exam [2018 Version]

For those who are preparing the CPA, CFA, CMA, CIA, EA exams, or any board exam for that matter, you understand that there is a huge amount of time, effort and sacrifice for this exercise. And at some point, we all need something to motivate us as we continue on with our studies. I have […]

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CPA REG exam

REG CPA Exam Section: 2018 Ultimate Guide to Regulation [New Tax Law Info!]

Regulation, or REG, is one of the 4 CPA Exam sections you must pass in order to earn the CPA certification. The CPA REG exam focuses on federal taxation, business law, and business ethics. The CPA Exam dedicates an entire section to tax and business law because CPA candidates need a comprehensive and current understanding […]

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CPA Exam DRS Simulation: What Exactly is It?

The CPA Exam DRS Simulation (Document Review Simulation) was launched in July 2016. Here is a good summary of DRS from various CPA review course providers: For Your Further Reading All you need to know on Decoument Review Simulation (Roger CPA Review) Introduction to DRS (Gleim CPA Review)

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CPA Exam Authoritative Literature: Free Access and Tips

There are two question types in the CPA exam: multiple choices and task-based simulations. Within the simulation questions, you are asked to do an online search of professional literature databases to answer questions. How do you do it? Can you get some practice before the actual exam? CPA Exam Authoritative Literature: Free Access and Tips […]

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CPA Exam Self-Study vs Online vs Live Class: Which is Better?

You have sent in your CPA application and getting all ready, but how exactly are you going to start your CPA Exam preparation? With 4 parts covering a wide variety of topics, the CPA exam can be overwhelming. You have 3 choices: Self-study Online courses Live classes Which is the best way — or should […]

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CPA Simulation: How is TBS Grading Done? How to Master Sims?

Is the CPA Simulation looking like Rocket Science to you? What exactly are they? Let’s take a look at what they are and their importance in the CPA exam. CPA Simulation: What’s That? Simulations are essentially “condensed case studies” for examiners to evaluate your knowledge in a specific area. This is how the AICPA describes […]

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Should You Quit Job to Study for CPA Exam? Read My Analysis

I have a few readers who are debating whether to quit their job to study for their exams. Here are my thoughts: Short-term and Long-term Consideration Quitting your job for more studying time is a quick and easy solution, but it may affect your track record and career. 1. Don’t Go for a “Step Down” […]

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10 Stupid Mistakes at Prometric CPA Exam (that can Totally be Avoided)

The following is the top 10 list from Penny Vernon, who runs Candidate Care in NASBA for more than 10 years. She is the person to go to if a candidate has issues at the prometric center. It’s not good to ever need to talk to her, but her advice is very invaluable to exam candidates. […]

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CPA AUD Exam Tips in 2017: Pass Rate Trend + Top 3 Strategies

This [Auditing and Attestation] section covers knowledge of auditing procedures, generally accepted auditing standards and other standards related to attest engagements, and the skills needed to apply that knowledge.” — CPA Exam Candidate Bulletin Here is a video clip on AUD coverage and latest tips: For text version, please refer to the post below. CPA […]

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CPA BEC Exam Tips 2017: Pass Rate Trend + My 5 Strategies

This [Business Environment and Concepts] section covers knowledge of general business environment and business concepts that candidates need to know in order to understand the underlying business reasons for and accounting implications of business transactions, and the skills needed to apply that knowledge in performing financial statement audit and attestation engagements and other functions normally […]

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