CPA Reviewed – Podcast #13




Another71.com show

Summary: Ann: I just recently figured out that my study materials expire in March. When I ordered them, I didn't know they had an expiration date. At this point, I haven't passed any of the exams, and I'm starting to get very frustrated. My main question I guess is, do you have any recommendation on what study materials are good, but not too expensive?<br> <br> <br>  <br> <br> <br> Micah: I graduated in 2005 with a BS in Accountancy in a University in the Philippines. I need to get my transcripts evaluated by an accreditation organization, then they will forward the evaluation to the Board. I am choosing California because that's where I live. I also understand that it takes 6-8 weeks before they are done with the evaluation. How will I know that they have forwarded the evaluation? Is that when I apply for the test?<br> <br> <br>  <br> <br> <br> Josh: I have two DUIs from 2001 that were taken care of. I have passed the exam, completed the experience requirement, and have had no trouble since those incidents. I received a notification from NASBA that my file was under review. Is this going to slow down obtaining my license, or are they likely to deny my application?<br> <br> <br>  <br> <br> <br> Nishisksi: How do I use the NINJA Notes?<br> <br> <br>  <br> <br> <br> Gunther: I graduated with my MS in Accounting in May 2010. I want to pass all 4 parts as fast as I can. I have a full time job of 45 hours a week and a very tight budget. I need to know what materials to buy, how many hours to put in each section, which order to take them in, and when to study.<br> <br> <br>  <br> <br> <br> Katherine: I passed all four sections of the CPA Exam. I was wondering if the Ethics Exam also had to be taken in the 18 month time window? I was considering waiting 2 years to take the ethics exam since I am working on the 3 years of governmental auditing needed to be licensed in Alaska.<br> <br> <br>  <br> <br> <br> Ariadne: I failed FAR with a 63. MCQs were comparable, and I bombed simulations. I just finished going through my review course again and still don't feel ready. I’ve considered changing review courses. In your opinion, how should I tackle this material? Any suggestions would be greatly appreciated. This exam is challenging me in every way possible, and I feel very overwhelmed.<br> <br> <br>  <br> <br> <br> Jeff: During my FAR exam, my computer shut down. After it was restarted, I was assured by the employee at the test center that none of my test would be lost. I felt very confident about the exam. I received my score of 69 today, which was a shock because I felt I knew most of the material. Do you think there is a possibility the computer outage had anything to do with my failing score?<br> <br> <br>  <br> <br> <br> Jonathan: I just failed FAR a second time. I scored a 70 in May 2011 and 69 in November 2011. I’m not too concerned about my ability to pass it, but curious as to what route you would take from here. I qualified for the my review course’s update, so I can get the 2012 software and book for FAR at a reduced rate. Do you recommend getting the new materials, or using the 2011 material to knock out MCQs for 2 months straight to try and pass in Q1? My current software doesn't expire until May 2012. Thanks!<br> <br> <br>  <br> <br> <br> Mike: I took all 4 sections of the exam between July 1, 2011, and September 31, 2011. I passed FAR, REG, and BEC. I failed AUD with a 72. I studied hard again and felt more prepared than the first time around. I took full advantage of Wiley's Test Bank and hit roughly 75% on 5 or 6 full length practice tests. I got my score today: another 72. I've targeted January/February 2012 to retake AUD. Where do I go from here? Should I be OK using 2011 materials in the first window of 2012 for AUD?<br> <br> <br>  <br>