Can you skip advanced acctg and learn them straight from the review course?

  • Creator
    Topic
  • #1886956
    SDN
    Participant

    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

Viewing 9 replies - 1 through 9 (of 9 total)
  • Author
    Replies
  • #1886983
    ds34168
    Participant

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

    AUD - 82
    BEC - 78
    FAR - 84
    REG - 76
    AUD (Rogers + Ninja MCQ)

    BEC (Rogers)

    FAR (Rogers + Ninja MCQ + Gleim test bank)

    REG (Rogers)

    #1887181
    CS
    Participant

    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.

     

     

    #1888309
    SDN
    Participant

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

    #1888312
    SDN
    Participant

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

    #1888426
    Anonymous
    Inactive

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

    #1888735
    Anonymous
    Inactive

    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.

    #1889934
    LongShot
    Participant

    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!!

    #1890534
    Frances
    Participant

    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.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    Waiting for NASBA to process my application.
    #1890660
    Anonymous
    Inactive

    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.

Viewing 9 replies - 1 through 9 (of 9 total)
  • You must be logged in to reply to this topic.