[SDN]

Need to know if I can safely skip taking 2 advanced accounting and study them from the review course instead. If you did it this way, please let me know.

Advanced Accounting covers:

consolidated financial statements
estates and trusts

accounting for foreign currency transactions
translation of foreign currency financial statements

accounting for partnerships
” state and local governments
” not-for-profit entities

[ds34168]

Yes, I only took one intermediate accounting course in college. You just need to spend more time to learn and study.

[CS]

Yes. I got up to Financial Accounting 1 (3000), Cost Accounting at the 3000 level, and Accounting Info Sys at the 3000 level when I was enrolled (Finance major). I was apprehensive at first at how I'd be able to grasp the concepts, but as long as you have a basic understanding of accounting i.e. debits/credits/journal entries, a review course should suffice.

I found FAR to be the most “bookish” of the exams, as in testing your strengths with accounting basics i.e. journal entries, but I found that for AUD, BEC & REG, I never took a course while in school related to any of them (scratch that – took Micro/Macro which covers some of BEC but that was 14 years ago), and felt sufficient from the review courses.

[SDN]

Thanks for the responses. If you could also please let me know which review course you took, that would be great.

[SDN]

Thanks for your responses. If you could also please let me know which review course you took, that would be great.

[Anonymous]

absolutely-a review course will have everything you need to learn in order to pass.

[Anonymous]

Absolutely. I never took anything higher than intermediate accounting – never studied consolidations or estates/trusts prior to the CPA course(s). I used Wiley CPAExcel for FAR/BEC and Wiley CPAExcel + Ninja for REG/AUD.

[LongShot]

Absolutely. I took it, but my college was not exactly known for its accounting-I've only ever heard of 1 other CPA who went there. Took Yeager review and I was fine. FAR took forever to study, plenty of things I never learned in school, but it got me a perfect 75 on the first try.

FAR - 75
AUD - 72; 87
REG - 64; 74; 84
BEC - 88

Done!!

[Frances]

I found Becker's presentation of intercompany transactions between parent and subsidiary (selling inventory or equipment to one another) to be incomprehensible compared to the way I learned it in my advanced financial class. It was a relief to already know how to handle these concepts after listening in horror to the way the lecture and book presented the material.

[Anonymous]

One caveat: Now that I've passed, I'm starting to regret not having learned more in school. Yes, they were community college accounting classes where you get a B for showing up, but still it's my fault that I'm inadequate now in so many areas.

[Author]

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