Testing for the CPA Exam before the 2017 exam changes? Know what changes became effective for this testing window.
Displaying: January 2017
Consolidation for not-for-profit entities will be testable on CPA Exam
The amendments in this update from the FASB are effective for NFPs for fiscal years beginning after December 15, 2016. The standard will become testable on the CPA exam October 2017.
CPA Exam tip of the month: The Pomodoro Technique
Many of us get into the habit of cramming, especially in college. Back in the day, I used to be able to cram for a few hours the night before an exam and ace it the next day. Well, gone are the days of cramming, especially when you start studying for the CPA Exam. So […]
FASB update clarifies definition of a business
On Jan. 5, the Financial Accounting Standards Board (FASB) issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business. The definition of a business impacts many areas of accounting, such as acquisitions, disposals, consolidations, and goodwill. This ASU affects all reporting organizations that must determine whether they have acquired or sold […]
Tips for passing the CPA Exam
The creator of CPA Exam Guide, Bryan Kesler, CPA, shares his tips for passing the CPA exam.