CPA REVIEW FOR FREE - New Features and Updates
    support - 01/16/2019, 2:46 pm
    Welcome to the brand new CPA Review for Free! We’ve made a lot of changes to our study platform for both free and premium users. We now offer a subscription plan called [CPA REVIEW PLUS+](/upgrade). We are very excited about the features available in this plan. **DASHBOARD** There’s a brand new landing page when you enter the study platform. For PLUS+ subscribers this dashboard will give you a broad view of your performance, your recent study sessions, recent exams, and much more. **PRACTICE EXAMS (PLUS+)** They’re finally here! You can now take practice exams for AUD, BEC, REG, and FAR. These practice exams are virtually identical to the real AICPA exam and include all the tools and functionality offered in the real exam. **SIMULATIONS (PLUS+)** We now offer in-depth simulations within our practice exams. These simulations mirror the real exam simulations and better prepare you for all aspects of the test. We would love to hear your feedback on these new features, feel free to contact us or post right here in the community forums. Thanks CPA Review Support
    9
    Pension Expense Can you help?
    user-21492 - 02/11/2020, 4:23 pm
    Use Expected Return on Plan Assets instead of Actual returns to avoid flucuations in reported expenses. Funding increases the Plan Assets but has no direct impact on Pension Exp
    0
    Comp based on fixed $$$ => Liability Can you help?
    user-21492 - 02/7/2020, 5:12 pm
    Compensation based on fixed $$$ amount is considered a liability not equity???
    0
    U
    Public Accounting hiring procedure Can you help?
    user-27674 - 02/6/2020, 11:55 pm
    Hello Everyone, I hope 2020 is going as planned and your knocking out the CPA Exams. I’ve passed FAR and AUD, and I am waiting on REG retake scores while I am currently preparing for BEC. I wanted to hear everyone’s thoughts on public accounting firms recruiting/hiring procedures. I’ve been trying to get my foot in the door for almost two years by attending school sponsor career fairs, applying online, and connecting with recruiter on LinkedIn. I am one of those students who left college without public accounting internship and I had to figure out ways to stand out from other candidates applying for the same opportunity. I had a corporate Staff Accounting job with a private company, which thought me on the foundation of accounting more than I had learned while I was in school. After working in corporate for almost a year, I knew that I wanted to learn and grow as a public accounting auditor. I decided to get my CPA and I started the journey, while I was fortunate enough to land a contract Internal Audit role with a publicly traded company. At this contract role, I got the chance to work with both the external auditors and the co-sourced Internal Auditors both from the BIG 4. I gained valuable experience working with the auditors by performing auditing procedures a normal experience auditor would perform at the Big 4. Now, my contract is coming to end, and every public accounting firm is passing up on me since I never work at public accounting. I’ve been applying for Staff roles not as experience or senior associate. I feel like I have way more experience and qualifications than the campus recruits they hire for the staff roles but won’t consider me since I am out of school which doesn’t make sense to me. Also, an Intern at a big 4, would not have gain more experience than I have. In my opinion, my experience is incomparable to someone fresh out of school and I have earned 150 hours, in addition to already passing FAR and AUD. I have received positive feedbacks from my manager and the Internal Audit director at my Internal Audit role, both who had significant years of experience at the big 4. If they had the budget to hire me full time, they would but still my interest is in public accounting. Many of my friends in this profession are brain washing me on how public accounting is over exaggerated and they will work me to death, but I refuse to listen to them and will never give up on getting my foot in the door. Has anyone experience anything similar? I wanted to know everyone’s thought on this. Thank you for your time and please excuse my grammar, English is my second language.
    0
    Doesn't the gov't purchasing securities take out of the hands of consumers and therefore, decrease supply of money? Can you help?
    CPAborned-21021 - 02/6/2020, 9:55 pm
    Doesn't the gov't purchasing securities take out of the hands of consumers and therefore, decrease supply of money?
    0
    Makes no sense to me
    user-26668 - 02/5/2020, 8:34 pm
    This makes no sense to me because I thought the purpose of import tariffs and quotas were to shield domestic producers from foreign competition. If I'm a domestic producer, why would I raise my prices if I'm already enjoying the protection of import tariffs hurting my sales? I get that raising revenues can obviously increase profits from an accounting sense. But increasing prices also means I'm risking reduction in demand, if the fundamental law of demand still applies here.
    1
    PBO deferred loss Can you help?
    user-21492 - 02/5/2020, 5:45 pm
    Can someone explain this in layman's terms??
    0
    Compensatory stock option Can you help?
    user-21492 - 02/5/2020, 5:29 pm
    Use Value on Grant date over the years needed to work.
    0
    N
    I don’t think that’s right. Can you help?
    Nick-92373 - 02/1/2020, 7:36 pm
    Inter entity payables are eliminated for consolidation purposes and should not lower current assets for the subsidiary on the consolidated balance sheet.
    0
    Explanation is not correct Can you help?
    user-21492 - 01/28/2020, 9:41 pm
    Increase to Current liabilities are substracted from Net Income on Cash Flow.
    0
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