Another71 CPA Exam Podcast

Another71 CPA Exam Podcast

CPA Reviewed #81 – CPA Exam Task-Based Simulation Time Management

July 19, 2017

CPA Reviewed #81 - CPA Exam Task-Based Simulation Time Management

Oren - I took Audit in May, and I don't think I did well. My score with REG is expiring on July 21st. I just found out that I will not receive the AUD score until August 16th! If I do not pass, I won't be able to take Audit again before REG expires. Will they extend my REG score? Thanks for your insight.

Nelly - Is the NINJA Audio the same as NINJA Notes? I'm am taking audit in 6 days, I have the notes but I am deciding whether or not to purchase the audio. Is it the same as the notes but spoken out loud?

Amanda - Do you have any insight on the new format of the FAR sims -- three different sections rather than just one? I am worried about not knowing the entire picture of the sims and spending too much time on the first one or two sets only to get to the last set and run out of time. Have you heard any details on the type of questions that will be in each section? For example, a research based question would only be in the final section?

Evonne - I have been out of school for 20 plus years but have taken the exam before. I am juggling kids and a 50 hour work week. I'm 51 years old and passing the CPA Exam is on my bucket list. Which exam should I start with?

Sean - I am currently working in the tax service of a Big 4 accounting firm. I started working in public accounting in January with two exam sections already passed. Now that I'm working, it just seems impossible to study effectively. Because I am learning new things on the job, I forget what I studied way too easily. But at the same time, what I learned on the job doesn't get retained well because I am studying for the exams. It's a vicious cycle, and I am going absolutely insane. What can I do to survive this intense time in my life?

Von - Why is there an impairment test for the intangible assets with "finite" lives? Don't we just amortize them?

Jennifer - I am trying to follow the NINJA framework using only NINJA materials, and I noticed that I am having a problem retaining the information. I am so focused on taking notes of what I feel is important in the "Notes" portion of the NINJA framework, that I am not retaining anything I am reading. I'm essentially rewriting the entire BEC book, because I feel like I can't pick out what the most important parts are. How do I take notes and make it through the entire book? I'm also a visual learner, so any advice would be appreciated.

gunyoung - Hey Jeff, I was very impressed with Ninja material. As an introduction, I'm a foreigner who came to the states about 5 years ago for college and now I'm working for one of the big four accounting firm. I bought my CPA materials (sponsored by the firm) when I was in college but didn't happen to study (only for BEC but received 74) before the new CPA came out. Then, since I'm in tax, I wanted to start studying for REG and while I was studying, I found out there was an expiration date for using my software.... Now I'm trying to find another way to pass it and my bet will probably be on you. I apologize for a long introduction. So I just wanted to ask if Ninja course if friendly for a foreigner as well. I like the way you make it Audio but would I understand it after reading the whole chapter? Also, I work and study.... and just want to ask you opinion how long it would take to study with your material until I take the exam? (or pass the exam - REG).

Tony - I have read forum comments, articles and reviews. Just wanted to know if Ninja would be able to prepare me for the new 2017 exams before purchasing. I plan on studying 4 hours a day. Reading and listening to audio. Would you say to use ninja as a supplement or could it be full review course ? Thank you

Sarah - I was wondering if you had and advice on how to be successfu...