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How To Pass The CPA Exam: The IPassTheCPAExam.com Guide for International Candidates

Book Description

A CPA exam guide written specifically for international students

The US CPA qualification exam is the most popular professional accounting qualification not just in the United States, but around the world as well. As international testing centers open across the globe, increasing numbers of non-American students are taking the exam, but lack a study resource written specifically for them. Author Stephanie Ng passed the exam in less than a year and operates a popular exam test-prep website at IPassTheCPAExam.com. In How to Pass the CPA Exam, Ng explains her techniques and study tactics specifically for students outside the United States.

  • A comprehensive and practical study guide for CPA exam students outside the United States

  • Written by the operator of a highly popular test-prep website for international students

  • Includes practical and effective test-prep resources

  • Packed with smart advice presented from an international perspective, How to Pass the CPA Exam is a must for international students preparing for the test.

    Table of Contents

    1. Cover
    2. Title Page
    3. Copyright Page
    4. Dedication
    5. Introduction
      1. I Understand the Frustration
      2. It Is Mission “Possible”
      3. How I Can Be Helpful
      4. How You Can Be Helpful
    6. Chapter 1: Why CPA?
      1. What Is CPA?
      2. Five Reasons to Become a CPA
      3. Five More Reasons to Become a CPA for International Candidates
      4. What Are You Waiting For?
    7. Chapter 2: What Is the CPA Exam?
      1. Exam Coverage
      2. Exam Schedule and Location
      3. Exam Qualifications
      4. Exam-Taking Strategy
      5. Exam Design and Navigation
      6. After the Exam
    8. Chapter 3: How to Get Qualified
      1. An Overview
      2. The Educational Requirements
      3. The Experience Requirements
      4. Citizenship and Residency Requirements
      5. Taking Advantage of the Differences
      6. Taking the Exam at International Sites: The Pros and Cons
      7. CPA Exam Qualification Quiz
      8. Final Thoughts
    9. Chapter 4: Getting Ready
      1. Budgeting
      2. Submitting the Application
      3. Scheduling the Exam
      4. Travel and Accommodation
      5. What to Bring on Exam Day
      6. What to Expect at the Prometric Center
      7. What to Expect after the Exam
      8. Are You Ready?
    10. Chapter 5: Creating a Study Plan
      1. But I Can’t Afford to Plan. I Am So Busy!
      2. Step 1: Aim to Complete the Exam within One Year
      3. Step 2: Settle on the Sequence
      4. Step 3: Estimate the Time Required for Study
      5. Step 4: Plan to Complete Each Section in One Quarter
      6. Step 5: Write It Down!
    11. Chapter 6: How to Become More Efficient and Effective
      1. Create 25 Hours in a Day
      2. Transform Your Stress into Strength
      3. Let’s Move On!
    12. Chapter 7: Study Tips and Exam-Taking Strategies
      1. Study Tips
      2. Exam-Taking Strategies
    13. Chapter 8: How to Overcome the Fear of Task-Based Simulations
      1. Study Tips
      2. Exam-Taking Strategies
      3. Time Management
    14. Chapter 9: How to Ace the Written Communication Tasks
      1. What Are the Examiners Looking For?
      2. Seven Tips for Writing Success
      3. Seven Steps to Creating a Great Piece of Business Writing
    15. Chapter 10: Audit and Attestation (AUD)
      1. What Does AUD Cover?
      2. Pass Rate History and Trend
      3. Study Tips
      4. Exam-Taking Strategies
      5. Presenting the Outline
      6. Module 1: Professional Responsibilities
      7. Module 2: Engagement Planning and Assessing Risks
      8. Module 3: Understanding Internal Control and Assessing Control Risk
      9. Module 4: Responding to Risk Assessment
      10. Module 5: Reporting
      11. Module 6: Accounting and Review Services
      12. Module 7: Audit Sampling
      13. Module 8: Auditing with Technology
      14. Reader’s Sharing
    16. Chapter 11: Financial Accounting and Reporting (FAR)
      1. What Does FAR Cover?
      2. Passing Rate History and Trend
      3. Study and Exam-Taking Tips
      4. Presenting the Outline
      5. Module 9: Basic Theory and Financial Reporting
      6. Module 10: Inventory
      7. Module 11: Fixed Assets
      8. Module 12: Monetary Current Assets and Current Liabilities
      9. Module 13: Present Value
      10. Module 14: Deferred Taxes
      11. Module 15: Stockholders’ Equity
      12. Module 16: Investments
      13. Module 17: Statement of Cash Flows
      14. Module 18: Business Combinations and Consolidations
      15. Module 19: Derivative Instruments and Hedging Activities
      16. Module 20: Miscellaneous
      17. Module 21: Government (State and Local) Accounting
      18. Module 22: Not-for-Profit Accounting
      19. Readers’ Sharing
    17. Chapter 12: Regulation (REG)
      1. What Does REG Cover?
      2. Passing Rate History and Trend
      3. Study and Exam-Taking Tips
      4. Presenting the Outline
      5. Module 23: Professional and Legal Responsibilities
      6. Module 24: Federal Securities Acts
      7. Module 25: Business Structure
      8. Module 26: Contracts
      9. Module 27: Sales
      10. Module 28: Commercial Paper
      11. Module 29: Secured Transactions
      12. Module 30: Bankruptcy
      13. Module 31: Debtor-Creditor Relationships
      14. Module 32: Agency
      15. Module 33: Regulation of Business Employment, Environment, and Antitrust
      16. Module 34: Property
      17. Module 35: Individual Taxation
      18. Module 36: Transactions in Property
      19. Module 37: Partnership Taxation
      20. Module 38: Corporate Taxation
      21. Module 39: Other Taxation Topics
      22. Reader’s Sharing
    18. Chapter 13: Business Environment and Concepts (BEC)
      1. Passing Rate History and Trend
      2. Study and Exam-Taking Tips
      3. Presenting the Outline
      4. Module 40: Corporate Governance, Internal Control, and Enterprise Risk Management
      5. Module 41: Information Technology
      6. Module 42: Economics, Strategy, and Globalization
      7. Module 43: Financial Risk Management and Capital Budgeting
      8. Module 44: Financial Management
      9. Module 45: Performance Measures
      10. Module 46: Cost Measurement
      11. Module 47: Planning, Control, and Analysis
      12. Reader’s Sharing
    19. Chapter 14: What If I Fail?
      1. Perform a Self-Evaluation
      2. Review the Diagnostic Report
      3. Recharge and Get Back the Momentum
      4. The CPA Exam Is Not Rocket Science
    20. Chapter 15: Final Words
    21. Appendix A: Countdown Plans
      1. After Getting Your NTS
      2. One Month before the Exam
      3. One Week before the Exam
      4. One Day before the Exam
    22. Appendix B: Packing for the Exam Trip
      1. Items to Bring to the Prometric Center
      2. Items to Bring for the Trip
    23. Glossary
    24. Acknowledgments
    25. About the Author
    26. Index