Blog

Changes to the CPA Audit Exam 1/22

In January of 2022, the CPA Audit exam will begin testing the new audit report for a non-issuer under SAS 134. This is considered a major change to the audit report. This new audit report starts with the “opinion” section and is then followed by the “basis for opinion” section.…

Which CPA Exam Should I Take First?

CPA Candidates ask me if there is an advantage which CPA Exam they attack first. There is an advantage in taking FAR first. What’s the real story? Well, FAR will take the longest to prepare since it has more material than Audit BEC or REG. The truth is that it…

CPA Exam Changes of January 2022

What CPA Exam Changes are candidates expecting in January 2022? How is FAR, Audit, BEC, and REG different than before? Audit has the big update in the area of Audit reporting. SAS 134, brings a new audit report for a non-issuer. The new report looks nothing at all like the…

CPA Exam Changes July 2021

Which Parts of the CPA Exam are changing the most in July 2021? Is it getting easier, harder? Which CPA Exam Should You Take Right Now? All 4 Parts (FAR, Audit, BEC, and REG) are being updated by the AICPA and NASBA so what do you need to know in…

What are the most tested FAR Topics?

i-75 students often ask me what are the most tested topics for each exam? For FAR, the most heavily tested areas are Business Combinations, Leases, Bonds, Stockholders Equity, and a mix of Government and Not For Profit. Lets start with business combinations. Calculating goodwill and non-controlling interest are always on…