Tips and secrets on how to pass the Certified Public Accountant (CPA) Board Exam

Passing the CPA Board Exam is one tough task for anyone who aims to become a Certified Public Accountant. It is described by many critiques as one of the most difficult professional board exam an aspiring professional can take. This is true since accounting requires both theoretical and mathematical skills to fully absorb its knowledge and expertise. During my time of review and before I passed the CPA Board exam, I realized some simple reflections that greatly helped me in reaching my dream of becoming a CPA. Whenever people ask me for advices on how to pass the CPA test, the following are my answers: Read more

External Auditing of Financial Statements: Its Importance to Your Company and Business

Do you have your own company? Do you prepare financial statements for tax, loans and other compliance purposes? If yes, then you may already experience appointing a C.P.A. (Certified Public Accountant) to audit your financial statements. According to GAAS (Generally Accepted Auditing Standards), auditing is a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and established criteria and communicating the results to interested users. Read more