CPA Study Group
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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
Hi, can we delete all previous performances and start fresh? I am restudying for BEC and would like to start with fresh performances so I know exactly where I stand. thank you! Z
.A3 FASB ASC defines substantial doubt about an entity's ability to continue as a going concern as follows: "Substantial doubt about an entity's ability to continue as a going concern exists when conditions and events, considered in the aggregate, indicate that it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued (or within one year after the date that the financial statements are available to be issued, when applicable). The term probable is used consistently with its use in topic 450 on contingencies". Other financial reporting frameworks may use different terms that are similar to the concept of substantial doubt. For example, International Financial Reporting Standards (IFRS) use the terms material uncertainty and significant doubt. Also, other financial reporting frameworks may not use probable as their threshold. For example, IFRS uses "may cast significant doubt on the entity's ability to continue as a going concern."13 This section uses the terminology of FASB ASC and the GASB statements; if an audit is performed on financial statements prepared under another financial reporting framework, the requirements and application material may need to be adapted as necessary
Forwarding orders expire and in today's lax society many companies/individuals do not inform others of their new addresses when they move. Although, it is true that a company "did not exist" because mail is returned, it is also true that updated information also does not exist or incorrect addressing was the cause of the returned mail. It shouldn't be assumed that returned mail is the definitive explanation for a non-existent customer.