The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update (ASU) 2018-01, Leases (Topic 842): Land Easement Practical Expedient for Transition to Topic 842, that clarifies the application of the new leases guidance to land easements. Lease amendments (ASU 2016-02 and 2018-01) are effective for public entities with annual periods beginning after December 15, […]

girl-studying

  The AICPA recently released a list of revisions to the CPA Exam Blueprints, to take effect 7/1/2018. While CPA Exam candidates should be sure to consult the most up-to-date blueprints document, rest assured! The AICPA confirms that these revisions do not change “the nature or scope of content eligible for testing in an Exam […]

CPA_Exam_User_Experience_Changes

On Friday, December 15, 2017, NASBA sent a message to all candidates on behalf of the AICPA Exams team notifying them of the new user experience software coming in 2018.  Below is the body of the message sent to candidates.  Also, please note that the AICPA has launched new sample tests and a tutorial.  With […]

Surgent-CPA-Review-Best-Course-2017

Let’s face it! To achieve CPA exam success, you need one incredible review course to power your studies. Most of us know that, but not everybody knows who all the big players are in the CPA review course market and what each of them is known for.  That’s why I dive into reviewing each of […]

Career Advice_Handshake

There’s nothing more exciting than getting ready to graduate with a job offer in hand! But, there are a few things you need to consider before you kick your heels up and call it a day. Check out these 4 tips, which will help you prepare for your new job and set you up for […]

2018-cpa-exam-changes

  The AICPA recently announced 2018 CPA Exam changes. Here’s what you need to know: Blueprints Each exam section’s blueprint link the knowledge and skills to be tested on the exam to tasks that are representative of the work of a newly liscenced CPA. The blueprints are updated perioidcally to include new content that becomes […]

Adaptive Learning: Surgent CPA Review's Scret Sauce and Your White Knight

My name is Brandon Vagner, CPA, PhD, former KPMG Manager, and founder of CPA Exam Success and Test Prep Store.  I’ve professionally reviewed and analyzed many high quality review courses all the way from GMAT prep courses to CPA Review Courses.  When you boil it down and look at all the factors, what matters most […]

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) released the ERM (Enterprise Risk Management) Framework: Enterprise Risk Management–Integrating with Strategy and Performance on September 6, 2017. This is COSO’s first significant update to the original 2004 ERM document, Enterprise Risk Management–Integrated Framework. The provisions of the updated ERM framework become testable on the […]

FASB Simplifies Financial Instruments

The Financial Accounting Standards Board (FASB) has issued Accounting Standards Update No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. The provisions of the new ASU are effective for fiscal years beginning after December 15, 2018. The content becomes testable on the CPA Exam January 1, 2019. ASU No. 2017-12 […]

Statement of Auditing Standards (SAS) No. 133, Auditor Involvement With Exempt Offering Documents, was issued July 26, 2017, and provides performance requirements for auditors involved with documents for exempt offerings such as municipal securities; securities issued by not-for-profit religious, education, or charitable organizations; crowdfunding; small issues of securities such as Regulation A offerings; and franchise […]