After attending a number of career fairs over the past few months, I am astonished at some of the outfit choices that were made for these events. To find out how much your outfit matters on your road to becoming a CPA, read more.
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How to Succeed as an Enrolled Agent
Passing the EA Exam is a significant accomplishment. Becoming an Enrolled Agent puts you in an elite group of tax preparers. You hold the most significant credential in the tax industry and have the authorization to do more on behalf of clients than those without an EA designation. Once you’ve earned the designation, the work is […]
Video: Leave your phone at home and other tips for CPA Exam
If you're testing soon, this week's Exam Cram is a must-watch! Jess shares what you need to know about the Prometric Testing Center. Did you know you should leave your phone at home? Find out why.
Gains and losses from derecognition of nonfinancial assets testable January 2018
The FASB recently issued ASU No. 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets. This content will become testable on the CPA exam in January 2018.
Going concern considerations to become testable on AUD January 2018
Sitting for AUD next January? SAS No. 132, The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern is a standard that applies to all audits of a complete set of financial statements, including financial statements prepared in accordance with a general purpose or a special purpose framework. It will become testable on the CPA exam January 1, 2018.
Are You Raising Red Flags with Potential Clients?
The IRS is cracking down on fraudsters this tax season and that includes warning taxpayers about “return preparer fraud”. It’s unfortunate, but there are people who set-up shop each season to perpetrate refund fraud, identity theft and other scams that hurt taxpayers. This tax season it is imperative that you represent yourself as a qualified, […]
5 things to do if you don’t land accounting internship
Sometimes we don’t land the dream internship we hoped for, but there are still ways to garner experience, and that is what the recruiters and firms are looking for. Here are 5 ways to get creative and start building that experience.
Video: CPA Exam study tips from Surgent
Welcome to a new weekly feature of Passing Insights! Surgent CPA Review's Student Development Manager, Jessica Sandhu, is currently sitting for the CPA Exam. Each week, Jessica shares her insights into her own study process. This week, find out what she does to de-stress when studying for the exam.
2017 Tax Season Issues to Communicate with Clients
Does this tax season seem a bit crazier than most? Between a new White House Administration (and the changes that come when the party in power changes) and increased security from the IRS, things seem to be a bit askew. While it’s always important to communicate with clients, it’s especially important to communicate changes and updates […]