[Study Monk]

Hey guys I want to start a post where we can share our mnemonics for memorizing CPA material.

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

The following mnemonic can be used to calculate the projected benefit obligation (PISPAL)

(P)rojected benefit obligation beginning

add(I) Interest Cost

add(S)ervice costs

add(P)eriod plan anendments

add(A)ctuarial losses

(L)ess actuarial gains and benefits paid to retirees

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

The following mnemonic can be used to calculate the projected benefit obligation (PISPAL)

(P)rojected benefit obligation beginning

add(I) Interest Cost

add(S)ervice costs

add(P)eriod plan anendments

add(A)ctuarial losses

(L)ess actuarial gains and benefits paid to retirees

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

A component of a business or disposal group is classified as “held for sale” in the period in which the (PLAAN) criteria is met:

P lan to sell

L ocating a buyer

A vailable for sale in present condition

A ctively marketed

N ot going to withdraw

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

A component of a business or disposal group is classified as “held for sale” in the period in which the (PLAAN) criteria is met:

P lan to sell

L ocating a buyer

A vailable for sale in present condition

A ctively marketed

N ot going to withdraw

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

All the significant accounting policies that need to be disclosed leave a bad taste in my mouth (BADLIC):

B asis of consolidation

A mortization of intagibles

D epreciation methods

L easing recognition

I nventory pricing

C onsolidation basis

First 3 are free 🙂

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

All the significant accounting policies that need to be disclosed leave a bad taste in my mouth (BADLIC):

B asis of consolidation

A mortization of intagibles

D epreciation methods

L easing recognition

I nventory pricing

C onsolidation basis

First 3 are free 🙂

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

Spelled comprehensive wrong…..lol

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

Spelled comprehensive wrong…..lol

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[jeff]

Many Mnemonics are proprietary and unique to each course.

I don't care if people share ninja mnemonics but other courses won't care for a list of their stuff posted here.

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[jeff]

Many Mnemonics are proprietary and unique to each course.

I don't care if people share ninja mnemonics but other courses won't care for a list of their stuff posted here.

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[Study Monk]

Ok Jeff,

These are originals by me,,,impressed?

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[Study Monk]

Ok Jeff,

These are originals by me,,,impressed?

I spoke to an ancient wise man who sent me on a mushroom induced journey through an ancient forest to find the key to passing the CPA exam. A talking spider monkey told me to throw the last of my drinking water in the dirt to find what I was looking for. So I followed his instructions and the following message appeared in the soil:

"Do 5000 multiple choice questions for each section"

[lleon]

My audit professor in undergrad used PERCCV (perceive) to remember the major assertions. Presentation, Existence, Rights, Cutoff, Completeness, Valuation.

Licensed in Arizona

[lleon]

My audit professor in undergrad used PERCCV (perceive) to remember the major assertions. Presentation, Existence, Rights, Cutoff, Completeness, Valuation.

Licensed in Arizona

[Anonymous]

There was a great mnemonic for audit posted by someone a while ago that helped me.

COVERU

C – All

O – Transactions

V – All

E – Bat

R – Bad

U – Tad

[Author]

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