How to prepare for the CPA exam?

Preparation one by one

It might be better for you if I tell you the foundation you need.

Accounting requires a foundation in intermediate accounting practice, cost accounting, financial management, and financial statement analysis.

Auditing requires accounting to be learned well, and auditing is easy to understand. This book is boring and takes more time than accounting.

Financial management requires knowledge of financial statement analysis, management accounting, financial management, and cost accounting.

You can learn economic law even if you don’t have a foundation.

Tax law requires basic knowledge of accounting.

I have never taken the risk management exam. I took the exam under the old system.

Now that the CPA exam has just been completed less than a month ago, it should be said that it is best to prepare for next year's CPA exam. Don't be greedy for more when taking the CPA exam, and don't overestimate yourself and underestimate the difficulty of being a CPA. .

It is best not to buy all 6 books now, because the teaching materials will definitely change, especially the tax law will change a lot next year. I suggest you prepare for each subject one by one, prepare a book, and then Buy a book and prepare until April next year. Depending on your preparation, you can then decide which subjects to take. In my personal opinion, I definitely think it is most appropriate for you to take three subjects: economic law, tax law, and risk management. It is not very closely related to accounting. What is slightly more related to accounting is tax law. You don’t have to buy tutorial books. It’s best to sign up for a class. The classes you take now for 2010 are for 2009. I suggest you sign up for an online school and follow along. The results will be better.

In addition, during the preparation process, be sure not to miss the big questions, because if you fail to answer a big question in the exam, the possibility of passing is very small. Each big question will cost about 18 points. That’s right, the score is leveled down from 80 points. That is to say, the accuracy rate must reach 80% to have any hope of passing. However, those with a accuracy rate of 80% can generally complete the questions. They would rather make more mistakes than let them go. Big topic.

Questions about matching:

1. Accounting and auditing (tax law): There is nothing wrong with such a combination. Some people say that taking this exam first, taking this exam is equivalent to half of the CPA exam. This statement There is nothing wrong with it, but this combination varies from person to person. Accounting itself is the most difficult, and auditing takes longer than accounting. Therefore, this combination is suitable for those who have a good foundation, have time to compare, and like to delve into big topics. kind. If you are preparing now, you can try it. It is recommended that you try the tutoring class of the online school. There are 10 free lessons, including Chapter 2. If you can’t understand Chapter 2, it is recommended not to prepare.

2. Accounting and Taxation Law (Economic Law/Risk Management): This combination takes 3 months less than the first combination. This reporting method is suitable for junior students who are about to finish their professional courses. And there are no other exams, only the Certified Public Accountant exam, so if you pass the exam, it will be relatively better for you to find a job after graduation.

3. Tax Law and Economic Law (Risk Management): This is suitable for those who have little experience in taking exams and have weak generalization ability. It is suitable to start with this exam first.

4. Financial management and economic law (risk management/tax law): This combination is the most time-saving, but it is especially suitable for friends who are good at probability theory and mathematical statistics and have studied finance, because financial management The option stock price is the most difficult chapter, followed by the overall value assessment of the enterprise. Those who are good at mathematics and have a financial background will save time and effort. Those who are afraid of mathematics are not suitable for this.

Note: This "Accounting" is related to every discipline of CPA, among which it is most related to auditing and tax law. This "Accounting" is not a foundation, let alone "Basics of Accounting". For many students who study accounting, it is normal to score more than 10 or more than 20 points in this subject, and many of them can't do a big question. So it's best to be mentally prepared. This "Accounting" requires a foundation in financial management and cost accounting. Chapter 2 of Financial Assets involves knowledge of annuities (time value of money).

"Economic Law" and "Tax Law" require knowledge of "Accounting Basics". Economic Law, Company Law, and Securities Law require judgment on cash flow and net interest rate issues. Without any accounting foundation, it will definitely not work. .

In addition, the bill issue is difficult to understand for non-accounting majors and will definitely take a lot of time. The "Tax Law" requires more knowledge of "Basic Accounting", corporate income tax, financial statements, various expenses, depreciation of fixed assets, value-added tax. Such basic knowledge is not available, so you don't need to take the exam.

The following is a question about how to study. I have not taken the risk management test, and I don’t need to take the test, so I can’t answer it. I don’t know the method of auditing, so I won’t answer it. I will take the other four subjects. Let me tell you:

In fact, many people say that taking economic law and tax law does not require accounting foundation, which is a mistake.

The first is financial management: It is not easy to pass the exam if you master the formulas as others say. Financial management plus objective questions require calculations of more than 80 points. The foundation of learning financial management is financial statement analysis. Cost accounting, management accounting. Among them, cost calculation must be done every year. This is an easy topic, so you must be able to calculate it. Secondly, looking at the test papers over the years, there are several calculation types in financial management. The easy ones are financial statement analysis, sustainable growth rate calculation, optimal inventory, optimal cash holdings, sales budget, and risk calculation. The difficult ones are There are option stock prices, which are also tested every year. You must know the binary tree and Scholes model, and then financial leasing and overall enterprise value assessment. You need to know 10 types of calculations. The most basic chapter is annuity. When considering years, you must use annuity and risk. Among them, it is best to learn probability in mathematics. You are like standard deviation and variance in risk calculation. , correlation coefficient, all are the specific application of probability to financial management.

Economic Law:

Economic Law is a bit complicated. There are many things to summarize. After the summary, there are other scattered ones.

1. Summary time, this It’s the first chapter, the time limit for litigation, which will definitely be tested. There are also such things as how many days to register, how many days to publish the newspaper, how many days to issue an announcement, etc., bankruptcy law, company law, mergers and divisions will be mentioned.

2. Integrated voting methods include partnership law, company law, bankruptcy law, and property law.

3. Summarize the organizational forms, such as the board of directors, the board of supervisors, and the shareholders’ meeting, which will be included in the partnership law, foreign business law, company law, bankruptcy law, and property rights law.

4. Summarize the personnel appointment and removal system, such as independent directors under company law and administrators under bankruptcy law.

5. Whether it can be used against a bona fide third party is a matter of property law.

6. Summarize other numbers, this is very important.

The key chapters are often company law, securities law, contract law, bankruptcy law, and property law. The chapters are also easy to combine.

Tax Law:

The tax law is different.

Because you look at the tax law, the questions are very correct. The calculation questions all mention tax types, and you are asked to calculate them. How much tax, the score ratio is higher, so if you do the calculation well, it will be easy to get 80 points in the test. Let me tell you a few points. You go back and take a good look at the tax law.

The tax law starts from value-added tax, except for value-added tax. Except for personal income tax and corporate income tax, the words in bold in the book are all in this order.

1. The concept of each tax

2. The object of taxation and the taxpayer.

3. Tax calculation basis, this is the key to calculation. Make a list of what should be taxed, what should be eliminated, and what should be calculated as group price.

4. Tax time, Location, tax benefits.

You follow these 4, and then summarize the fifth one.

5. For taxes related to the house, if you look at the test papers over the years, you will get them every year.

With your summary like this, the tax law can only be summarized into 30 pages of 4A paper, which will definitely pass.

Accountant: I have always had a headache in accounting, and I have read the most difficult things, but this year Don’t worry, take the test on something you don’t want to read, but accounting must also have a foundation in financial management. Chapter 2 financial assets require financial management, and financing income has not been recognized. Therefore, you must have a foundation in accounting, a foundation in intermediate financial accounting, and a financial foundation. Report analysis, tax knowledge.

I can’t summarize everything about accounting, but I still have to say that the connections between each chapter, financial assets, investment real estate, non-monetary asset exchange, and long-term equity investment are all connected, so these chapters Learn well.

Then financial statements, consolidated financial statements, and income tax accounting are difficult points.

The summary has the following points:

Because accounting actually tests your accounting standards, which are very detailed, so you must first

1. Summarize accounting Account accounting content

2. Summarize what value is used for accounting, such as historical cost, fair value, and what value it is.

3. Summarize the similarities, such as which ones require impairment provisions, which ones can be written back, and which ones cannot be written back.

4. Comparison, assets versus liabilities, versus owners’ equity.

5. Sex, the differences in assets, such as financial assets available for sale, assets held to maturity, similarities and differences, differences between financial assets and investment real estate ***sex.

I didn’t learn auditing well.

Pay attention to the following points when preparing for the exam:

1. Don’t skip previewing because there are no 2010 textbooks. Use the 2009 textbooks to preview. It is best not to buy tutoring and sign up for a class. It is relatively safe, because if you face tutoring, there are two disadvantages: if you take too many exams, you will feel that there is not enough time to prepare for the exam, and if the teaching materials change significantly, it will not be a good impression. It's better to sign up for a class and learn the exercises in the class. As soon as the new book comes out, I’ll do the questions as soon as possible.

2. Keep a calm mind. It is not a difficult exam, but when you get there, you will have two thoughts. One is that the question is not difficult, but it is not difficult, and the other is that it feels like the whole book is the key point.

3. What I fear most is overestimating myself and underestimating CPAs. Many people who have passed the junior and intermediate exams blindly feel that their self-study ability is good.

4. You must insist on taking big questions. What you are most afraid of is that when you see a big question, you just think about it in your head, don’t put pen to paper, and just look at the answer.