Monday, June 20, 2011

Preparation so far

I was preparing for REG since starting of this month but I paid fees two days back. Not that I am recommending this. But It was little painful to pay. Call it anger or disappointment. But once you receive your NTS that feeling is different. It becomes exam time. Never postpone paying fees once you are decided. Paying hard earned money is commitment.

I have reached the half way mile stone in my pregnancy journey and nausea is settling. Right now I am concentrating on eating healthy foods and gaining some weight. I lost almost 4 pounds during the last 4 months and was little worried. Every body is telling me that this time is the best in pregnancy. So I want to take advantage of this time and prepare well for the exam.


If you want to pass REG Exam, it is important that you attempt your simulations successfully. So practice simulations in your CPA Exam review and also at AICPA sample test. You must understand the fact that sims can be given from any area. If you face a situation where you haven't read that point before, you must know how to use the exam resources and search feature. So practice the sample test well and many times. I will write a detailed post on how to use that sample test.

I am using  Roger CPA Review Study Planner , Take a look at those study planners. They are designed for three different preparations. I chose the 3 month study planner for my REG because what I am doing is Revision and it suits my time table. 
Don't forget to stop by the page Free CPA Exam Resources. Mr. Roger has given some very useful information in this page for every CPA Exam Student. 
I was little worried about the recent changes in the syllabus. But Roger CPA Review updated their material on time. If you are not aware of this change Click here. From July 1 2011 new changes to the CPA Exam CSO references will be effective. Please read the changes here  . There are no big changes so don't freak out. 

This is an extract from AICPA's webpage
CSO Reference ChangesThe changes listed below will be effective on July 1, 2011. These changes only affect the CSO references. Please note that the technical content and weight allocations outlined in the CSOs will remain unchanged.
Summary of Changes (effective: July 1, 2011):
 AUD
                                International Auditing Standards (ISAs)
 BEC
                               International Standards for the Professional Practice of Internal Auditing
                               COBIT (The Control Objectives for Information and related Technology)
 FAR
                               Regulation S-K of the Code of Federal Regulations
                               Codification of Statements on Auditing Standards
                             AU Section 623, Special Report
                               FASB Concept Statements
                                GASB Concept Statements
                                IFRS Framework
 REG
                                 Removed: AICPA Code of Professional Conduct
                                 Removed: AICPA Model Tax Curriculum
                                 Public Law 86-272
                                 Uniform Division of Income for Tax Purposes Act (UDITPA)
                                 Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010




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