[quote]al1492 wrote:
countingbeans wrote:
al1492 wrote:
countingbeans wrote:
I meant taking the exam, post isn’t here to edit
you mean the CPA exam?
You take it in 4 parts now, although it isn’t offered every month. So I am taking part in late November, part next February and the other 2 parts after April 15. That is assuming I pass each section.
Yeah, I recently passed it. I profile stalked you… Us nerds need to stick together.
Big or small firm, audit or tax? What order are you taking the parts?
Congrats on passing!
I’m at a real small firm and do tax mostly but hope to move to a larger one once I have the letters. I’m taking Audit/Regulation/Business/then Financial.
Any part you find particularly difficult?[/quote]
Taking Audit first is a great idea. Once you “get” audit, it really provides a great frame work for your entire career. The entire industry is structured like an audit. Once you “get” audit, the rest comes much easier. Things just make more sense. Like the conversion entry from accrual to tax (cash) basis. So difficult until you get it, then you are like “duh, I’m a retard for not getting it before.”
I had the most problems with BEC, because I didn’t memorize all the formulas. But FAR was the most intimidating. It is basically all 4 years of college in one test. So you know, GAAP in its entirety in one test. I got a 76, and danced around my living room like a junky with a free rock. The perfect amount of studying.
If you work in tax a lot, I would switch FAR and REG. Take REG last, because you will know 60-70% without studying. Get the hard shit out of the way first.
Good luck man, and if you ever have any questions, I’m around a lot.