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Mattism posted:Also, I'm not sure how one could conclude AUD is going to be more difficult. The written communication is gone, and unlike all the other parts, there are no calculations to gently caress up. It is more difficult because they added international auditing standards. You now have to now know all the differences with IAS.
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| # ? Jan 12, 2011 03:18 |
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| # ? May 18, 2013 11:03 |
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awkward request: I'm sure this request will step beyond the ethical boundary of many of you but here it is. You can get Becker CPA for 50% off ($1,580) if you are a returning student buying becker for a second time. If any of you guys could let me buy it again under your "returning student" policy it would be a great help to me as someone who is trying hard to pass these exams. I'd be willing to paypal you $50 for your help. (I know its not much) A second method is also available: An individual can receive the Becker set for 50% off if you have a receipt showing you purchased a competitors product. If anyone has a receipt from a direct competitor (yaegar, bisk, wiley, roger, gleim etc.) would it be possible if i could acquire a copy if it (please edit out your name & info obviously). It can be for any amount or item as long as its from a direct competitor (from their site). I can edit in what is necessary to acquire the discount. This is just a second option and not my primary choice. Sorry if this is too dastardly for you white knights out there. I have a tax season off (only part time) and would like to get these exams passed finally.
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| # ? Jan 12, 2011 04:43 |
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Siegfried posted:awkward request: I'm sure this request will step beyond the ethical boundary of many of you but here it is. You can get Becker CPA for 50% off ($1,580) if you are a returning student buying becker for a second time. If any of you guys could let me buy it again under your "returning student" policy it would be a great help to me as someone who is trying hard to pass these exams. I'd be willing to paypal you $50 for your help. (I know its not much)
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| # ? Jan 12, 2011 05:42 |
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You have to buy a competing set for $750 or more. http://www.becker.com/accounting/cp...rtification.cfm
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| # ? Jan 12, 2011 05:48 |
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forget my request above, I already took care of it.
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| # ? Jan 13, 2011 00:22 |
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ZeroAX posted:It is more difficult because they added international auditing standards. You now have to now know all the differences with IAS.
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| # ? Jan 13, 2011 02:04 |
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Mattism posted:Still, the section is almost entirely concepts. You either know it or you don't. This is true, and with more and more colleges incorporating international standards in coursework, there is a good chance that someone coming out of school and taking the exam now will know international concepts just as those of us who took the exam before knew US concepts.
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| # ? Jan 13, 2011 02:33 |
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Mattism posted:Still, the section is almost entirely concepts. You either know it or you don't. International in a nutshell: Everything except for a few instances is more vague than our standards. Just because its concept doesn't mean its easy. I know people that can passed FAR and REG on the first go and had to retake BEC 3-4 times. It all depends on you.
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| # ? Jan 13, 2011 03:37 |
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I'm 4/5 of the way through the Becker AUD program and there is HARDLY ANY IAS stuff in here.
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| # ? Jan 13, 2011 05:02 |
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mcmagic posted:I'm 4/5 of the way through the Becker AUD program and there is HARDLY ANY IAS stuff in here. But to be fair, a lot of stuff won't be any different. There is some major stuff about inventory valuation. Has it covered that?
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| # ? Jan 13, 2011 16:05 |
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Walk Away posted:But to be fair, a lot of stuff won't be any different. There is some major stuff about inventory valuation. Has it covered that? Nothin. Though maybe thats more in FAR than AUD.
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| # ? Jan 13, 2011 16:29 |
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If you're really interested, I have a PDF file that outlines the differences and changes. It's something like 244 pages, but it's very informative.
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| # ? Jan 13, 2011 16:45 |
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For anyone interested in IFRS there is some good info available on IASPlus, which is through Deloitte. It's probably more detail than you'd need for the exam though. IFRS Pocket Guide http://www.iasplus.com/dttpubs/pubs.htm#pocket Comparison of IFRS to US GAAP (a little outdated, but the general ideas are still there) http://www.iasplus.com/dttpubs/pubs.htm#sept2008 Free e-learning courses on most IFRS topics http://www.iasplus.com/dttpubs/elearning.htm
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| # ? Jan 13, 2011 17:22 |
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mcmagic posted:I'm 4/5 of the way through the Becker AUD program and there is HARDLY ANY IAS stuff in here. I wouldn't necessarily say that the amount of IAS material in Becker right now is indicative of what is on the exam. While there may not be a ton of IAS on the exam in the first couple of windows, Becker will adjust as more information about the new material becomes available and as more material to base their review comes out. I would guess that the next version or even update of Becker has more IAS material in it than the version you are currently using.
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| # ? Jan 14, 2011 06:30 |
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How did you guys memorize all the different transaction cycles in AUD?
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| # ? Jan 14, 2011 16:52 |
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mcmagic posted:How did you guys memorize all the different transaction cycles in AUD? Mattism fucked around with this message at Jan 15, 2011 around 03:59 |
| # ? Jan 15, 2011 03:55 |
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mcmagic posted:How did you guys memorize all the different transaction cycles in AUD? Before I had taken any sections of the exam, a coworker who had passed all four told me he was "the perfect test taker" because he studied a lot, took the exam, passed, and forgot almost everything. Now that I've passed and am a CPA, I totally understand where he was coming from because I don't remember a single thing about transaction cycles (in terms of how they are tested). That being said, I obviously knew them when I took the test. The key to AUD is repetition and more repetition. Going over those concepts over and over again, and then doing copious amounts of MC practice questions is key. Despite not remembering the specifics of transaction cycles, I do remember that I went through major concepts several times and spent countless hours on the MC. I say, do that and you'll be fine. hellboundburrito fucked around with this message at Jan 15, 2011 around 06:23 |
| # ? Jan 15, 2011 06:10 |
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http://www.another71.com has a lot of resources on there, I would recommend visiting that site extensively and signing up for their Club 75 program.
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| # ? Jan 15, 2011 19:55 |
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hellboundburrito posted:Before I had taken any sections of the exam, a coworker who had passed all four told me he was "the perfect test taker" because he studied a lot, took the exam, passed, and forgot almost everything. Now that I've passed and am a CPA, I totally understand where he was coming from because I don't remember a single thing about transaction cycles (in terms of how they are tested). Whats worrying me is that i'm getting well over 85% in the Becker MC from lectures 1,2,3 and 5 and i'm wallowing in the 60s in 4 which is all that kind of stuff.
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| # ? Jan 15, 2011 20:14 |
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mcmagic posted:Whats worrying me is that i'm getting well over 85% in the Becker MC from lectures 1,2,3 and 5 and i'm wallowing in the 60s in 4 which is all that kind of stuff. Yeah that's a 1/3 of the test too.
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| # ? Jan 15, 2011 20:41 |
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OG KUSH BLUNTS posted:Yeah that's a 1/3 of the test too. Guess i'm just going to keep rereading the book and doing lots of MC's in that area.
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| # ? Jan 15, 2011 20:45 |
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I'm working through Becker's AUD program right now, and I've seen exactly one MCQ (about independence) on international standards. Boo. Becker seems to think that the July changes in SSARS will be a bigger deal. Does anybody who took audit in January care to report on how much emphasis was placed on IAS?
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| # ? Feb 4, 2011 05:28 |
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lavaca posted:I'm working through Becker's AUD program right now, and I've seen exactly one MCQ (about independence) on international standards. Boo. Becker seems to think that the July changes in SSARS will be a bigger deal. There were more questions on there than I expected.
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| # ? Feb 4, 2011 20:31 |
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My best advice is buy Becker, watch the lectures, do all the highlighting, etc. Its important. But 500x as important is that you spend the vast majority of your study time doing multiple choice questions. To the point you are familiar with the ones in the Becker bank. Then buy the Gleim MCQ bank for like $50, and do all of them. This is a VERY time intensive strategy, but by the time you have a couple thousand MCQ under your belt, with the lectures as a foundation, it will be impossible for you to fail. Just have to put in the time. I went BEC -> REG -> FAR -> AUD, and would not change that order, but you definitely want to take FAR before AUD, since a lot of the stuff in AUD naturally relates to what you will study in FAR.
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| # ? Feb 5, 2011 05:22 |
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Well, I took AUD today and didn't have many questions on international standards. Some of them asked about concepts not covered in Becker at all, but nothing all that complicated came up. The new simulation format takes a lot less time than the old one, even if you are like me and abuse the lookup function. Hooray! lavaca fucked around with this message at Feb 22, 2011 around 05:59 |
| # ? Feb 12, 2011 00:54 |
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lavaca posted:Well, I took AUD today and had to answer maybe four questions on international standards. Two of them asked about "threats", something that wasn't covered in Becker at all, but nothing all that complicated came up. I'm taking AUD later today. Any idea where I could get a little rundown on the IAS stuff that isn't in becker?
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| # ? Feb 12, 2011 05:17 |
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FYI this is still a public forum, I wouldn't discuss anything in particular that could violate AICPA guidelines.
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| # ? Feb 12, 2011 05:33 |
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That is a good thing to consider now that my post has been quoted. Darn. Anyway, the Internet seems to think that the international material in FAR and AUD will only be in the form of pre-test questions for a while. If that's the case, you should probably take these two sooner rather than later if you're able and save BEC and REG for later.
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| # ? Feb 22, 2011 06:36 |
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Sorry to derail slightly but is there an accounting thread for someone (like me) just beginning to look into entering the field?
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| # ? Feb 23, 2011 21:52 |
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Turkeybone posted:Sorry to derail slightly but is there an accounting thread for someone (like me) just beginning to look into entering the field? Try this one: http://forums.somethingawful.com/sh...hreadid=3228356
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| # ? Feb 23, 2011 22:34 |
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Well, I think I am about ready to get this fun started. I received my approval from the state Board of Examiners this week, so I can apply for my authorization to test/notice to schedule whenever I want. After a lot of consideration, I am going to adjust my plan from earlier in the thread. I found out that I don't need to schedule exams as far in advance as I thought, so I have more flexibility than I expected and don't have to worry as much about being forced to take an exam when I am not ready (as long as I am careful to watch the NTS 6 month window). Since I was originally concerned about jamming an exam in during May after graduation, that means I can still study for it as if I am taking it at the end of May, but if I don't feel comfortable with my progress by mid-May then I can just hold off until July. My current plan: Study March/April/May, take FAR at the end of May Study June/part of July, take AUD some time in July Study rest of July/Aug, take BEC at the end of August Study September, take REG in October (or November if I need more time) I decided not to force 3 exams into the July/Aug window. If studying goes better than expected and I wind up feeling confident enough to do it, then I might reconsider it. But for now I'll take it slower. I am thinking about going with Yaeger since I will be paying for it myself and Becker is pretty expensive. Any of you guys use Yaeger this year? While they have great reviews, I am just wondering if a smaller company is going to be able to adjust and prepare for the 2011 changes as well as Becker. Am I crazy in that I am really looking forward to this? I'm sure I will want to hang myself after a while, but I'm excited. Maybe because all we hear about in college is CPA EXAM CPA EXAM CPA EXAM and now it's finally about to happen.
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| # ? Feb 27, 2011 15:53 |
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There are few organizations as loathsome as the trifecta of Prometric, NASBA and the AICPA. The way they are jerking us around with these score release garbage is beyond pathetic. I've been waiting for like 5 weeks for my AUD score but at least I'm at the front end. And I'll have time. I'd hate to be someone who's trying to get into the April/May window before it closes to retake if they failed in Q1 ( Prometric is pretty much booked) or they will lose the credit for a section. It gives the impression that they are completely clueless.
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| # ? Mar 17, 2011 19:50 |
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No joke. This score release is terrible. I've waited basically 3 months for a score. But yeah...the people about to lose credit are the ones who should be really mad. I feel sorry for them! No mention of extending the 18 month window though...
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| # ? Mar 18, 2011 04:10 |
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Figure this is a good place to ask: When taking the CPA exams do they still require fingerprints as the only acceptable form of ID? I remember hearing that even a passport doesn't count and that the biometrics were all managed by a datamining company. I mean really? A passport doesn't count come on.
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| # ? Mar 20, 2011 17:35 |
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I have to present two forms of ID, along with fingerprints. You can't just walk in the test center with only your hands. The fingerprints are there are a backup measure. You still have to bring two forms of ID. I bring my license and passport, and get fingerprinted right before the test starts. I think taking any biometric data is BS, but it is what it is  .
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| # ? Mar 20, 2011 17:48 |
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I plan on graduating in May 2012 and then taking the Becker live course. The course is roughly May to November and offers 2-3 weeks of time in between reviewing each segment, so I can only assume it was designed for the individual to take the relevant test during these break periods. Here's an example of the 2011 schedule: http://www.becker.com/accounting/cp...ID=739&sID=1672 Does anyone with experience see anything wrong with this plan? I'll either be purposely unemployed during this time or at most working 25-hours per week and focusing nearly all of my free time on studying.
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| # ? Mar 20, 2011 20:53 |
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bub posted:The course is roughly May to November and offers 2-3 weeks of time in between reviewing each segment, so I can only assume it was designed for the individual to take the relevant test during these break periods. Yes, the best way to do it is to schedule each test just before the beginning of the next section. This gives you plenty of time to review (assuming you actually learned something the first time through the material) and allows you to focus on a single exam rather than trying to untangle four exams' worth of knowledge.
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| # ? Mar 20, 2011 22:28 |
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quote:Whar be the beans? Fingerprints are mandatory yes. It's shady as hell - and yeah, they sell your information to third parties.
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| # ? Mar 21, 2011 00:44 |
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They also fingerprint you when you take your bathroom break haha.
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| # ? Mar 21, 2011 03:02 |
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| # ? May 18, 2013 11:03 |
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bub posted:I plan on graduating in May 2012 and then taking the Becker live course. The course is roughly May to November and offers 2-3 weeks of time in between reviewing each segment, so I can only assume it was designed for the individual to take the relevant test during these break periods. Just to give you a heads up it can take awhile for your state board to give you the notice to schedule so you can actually schedule your exams. I say this so you don't apply in May and can't schedule to sit for the first part you are taking until you're halfway through studying for the second section you're taking.
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| # ? Mar 21, 2011 06:58 |
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