Surgent CPA Review co-founder Liz Kolar recently shared an overview on what every candidate should know about the FAR section of the CPA Exam. Here’s what she had to say: Governmental Accounting One of the areas in FAR that we hear students have trouble with is Governmental Accounting. Many students haven’t seen it on the […]
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 […]
The FASB issued Accounting Standards Update No. 2017-11, which simplifies accounting for certain financial instruments and will be testable on the CPA Exam in April 2019. Taking FAR in Q2 2019 or later? You’ll want to know this material!
Is you’re testing for FAR on the CPA Exam in 2017 Q4 or later, the GASB’s Omnibus 2017, an omnibus that clarifies a wide range of accounting and financial reporting issues, will be testable.
Testing for FAR next January? ASU No. 2017-07, Compensation – Retirement Benefits (Topic 715), Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost, an amendment to Topic 715, will be testable on the exam.
Surgent CPA Review has summarized the Financial Accounting and Reporting standards that will become testable in Q2 2016.