There are several reasons why you will need to contact your state board during your CPA exam process. First, you will need to send them your transcripts and application in order to be approved and eligible to sit for the exam. Second, they are the legal body that grants you your CPA license. Thus, you
Studying for the CPA exam is challenging. Sometimes you get stuck in a rut and start questioning your ability to pass the CPA exam. Or worse, you start asking yourself why you even started this journey to begin with. We’ve all been there before. Don’t get discouraged. All you need is a little pick-me-up and
Here are some CPA jokes and hilarious puns that only an accountant can find funny. If you find yourself laughing or smiling at any of these, chances are you are an accounting nerd like the rest of us. After all, it’s an accrual world. What’s the definition of an accountant? A guy who wanted to be
If you are studying for the CPA exam or any other professional test, you know that sometimes you could use a little motivation from time to time. Putting in tens of hours studying each week can be a drag and enough to make you want to quit pursuing your dream of passing the exam. Or
The terms defined on this page have all appeared in past CPA exam questions, so they are worth knowing if you are studying for the auditing exam. There is no need to memorize each term and its definition verbatim, but you should at least know what each terms means along with the concepts surrounding them.
Held to maturity securities are debt securities which the enterprise has the intent and ability to hold to maturity. These are reported at amortized cost. Trading securities are debt and equity securities held principally for selling them in the near term. They are reported at fair value, with unrealized gains and losses included in earnings. Available for