- Cpa core 1 reddit I am writing Core 1 in July as well. So, guys, I started core 1 and core 2 (fast-track option) two weeks ago, and I still am lost in the middle of nowhere. Everything was well below expectations. I started in January 2021 and am writing the CFE in September 2022. Understand why it’s not each of those answers and how the problem can be reworded to make those answers applicable. Share Add a Your comment was automatically removed because you linked to reddit without using the "no-participation" np One resource I definitely suggest is for Core 1 is HTK Consulting. The learning curve can be intimidating for Core 1 module cuz the content load can be heavy and it's the first time you are in the program. Or check it out in the **The subreddit for CPA Candidates** Certified Public Just-Confidence1687 . Terms & Policies Densmore vs Gevorg practice mcq for CPA Core 1 . Because you have to pass prerequisite modules. #1: Get organized. Mcqs will be a mix of everything, your case should be financial reporting heavy so the mcqs are a way to see how competent you are on other topics. Great tips and solid outlines for the exams, especially Day 1. The Reddit Law School Admissions Forum. Core 1 & 2, most people guess the majority of the multiple choice. xoxoxox Hi guys, I am looking for CPA Core 1 Material resources any recomendation, please? I heard about Densmore, PASS, PrepFormula, and CPA PEP Module any advice on which one should I use as I am an international student for a first-time attempt . Or check it out in the app stores For those who got a "marginal pass" for one of the CPA PEP modules, how did you do on the indicators? Ex. Therefore I've decided that this must be the case for Core 2's MCQ as well. I basically had a panic attack since Knotia was down and also my dropbox was frozen and did not allow me to upload case 1 at the time. I am currently maintaining 5 courses (grad Dec 2023) in school on top of my FT job and have successfully scored well (80-85%) on similar courseloads in previous terms as well. You can feel free to be "harsh", but never insulting. No passing grade, you just need to prove you are competent on enough of the assesment opportunities in the case and mcqs. Additionally, you can check your textbooks again and do some exercises from them. Do the MCQ’s by unit out of the test banks, do about 40-80 per unit and see where things are going well and things are not. I have 6 cases with solutions from Geovorg for core 1, plus 75 MCQs with solutions. There might have been more aos but they split the marking by the subject, same as core 1. My exam is coming up for Core 1 and I will have almost a week of time to study for the exam. Core 1 was stressful when I did in Fall 2020 so I know you feel. In this video, I explain how to study Core 1, why s Hi guys, my Core 1 is starting in 10 days, however I am not sure if I should be using the CPA provided materials or to go with the Densmore materials. Good luck to everyone! 1 OTHER CLICKED HERE to also be reminded. Rețeaua nemafiotă „Frații PSD Stănescu”. Log In / Sign Up; Dear PEP gods please allow Electrical_Issue_19 to pass his core 1 exam and I iSpeezy to pass my assurance exam please CPA PEP gods do not make us retake your terrible exams please CPA PEP gods CPA Core 1 March 2024 In the first case, I did poorly the whole Knotia not working. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; I'm currently taking Core 1 of the new Canadian CPA Program and feeling a little overwhelmed. Core 1 has a first time pass rate of 80% while Core 2 has a first time pass rate of 90%. Really hoping what people say about the case being the deal breaker is true. Yes, I do feel it is less work than Core 1 but I still struggle to write the cases in 1 hour + calculations on excel. I was expecting NPOs and IFRS but thankfully both cases were ASPE! Ngl I screwed up the solvency,liquity,profitability ratio portion on Case 1, but the rest was pretty good. It has less chapter to read. Community friends from Saint Mary's College, CPA PEP Core1- weekly cases have to done in 60 minutes. Or Get the Reddit app Scan this QR code to download the app now. The only tip I can give you is to look at the competency map and look at what level of competency you need to know for each topic, you should focus on knowing the higher Get app Get the Reddit app Log In Log in to Reddit. Good luck to all writers :) I found Core 1 the hardest of the Core/Elective modules, so if you got this, CPA sends you an e-mail on how to access your results and breakdown. I have historically been horrible with MCQs and I'm really nervous about Core 1 being 75 MCQs. Edited: updated number of TBSs per section. And if I fail and you all pass, go fuck your self. The exam results of my third attempt for Core 1 were released today and I miserably failed. Get the Reddit app Scan this QR code to download the app now. I realized that I will not be able to attend the orientation workshops on Jan 27 and 28 since I will be out of the country. Every exam I took in university I had a very good idea of where I stood, and I thought it was the same with Core 1 and I was pretty sure I failed. **The subreddit for CPA Candidates** Certified Public Accountant (CPA) Come here if you are looking for guidance to becoming a CPA. In university getting the exact right number mattered, it's much less important in a module exam. Study material suggestions, study tips, clarification I'm studying for the Core 1 CPA exam full time at the moment as I have no job. Reddit . It's mostly financial reporting and some audit/finance and tax sprinkled in. Finance, RC 2. Highly recommend densmore for core 1 and 2. To anyone who has taken it I took Core 1 in the past semester and it really is information overload. Guess we can enjoy a relatively chill last bit of summer and really buckle down for studying in September. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Get the Reddit app CPA approved for me to challenge the exams without completing the modules, Aquí nos gustaría mostrarte una descripción, pero el sitio web que estás mirando no lo permite. this reddit space is for you. I don’t think it’s unreasonable to be shocked at a tax question like that in Core 1, it’s a financial reporting module. I am using PASS provided by my firm. Check out the sidebar for intro guides. How are you prepping for the 75 MCQs! (Like where are you studying from). PASS Study Packages for Challenging Exams. You should take a look at the competency map for core 1 to see what you're responsible for. Reddit has some good insights on Core 1. But the MCQs were something else, especially the finance. My co-workers have said this to be true as well. And here I am sitting, not knowing how to start. So I know she'd recommend that. I have not referred to material outside what CPA gives as it is all that is needed to pass So I failed Core 2 with MC portion: 1. Don’t shy away from the challenge. I’ll also be starting at a firm in early November (was supposed to start in September but Covid), so I’m looking for tips on how to balance cpa and work when that gets started! Core 1 is the first module in CPA's PEP program. CPA core 1 . Advice Can anyone tell me how the heck you guys passed Core 1. Howdy, So I'm currently working my way through the CPA in Canada, passed Core 1 and get my Core 2 result tomorrow (good luck anybody else!). CPA Canada Core 1 Workshop . MA, NC 2. [CAN] CPA Core 2 - March 29, 2023 Get the Reddit app Scan this QR code to download the app now. Or check it out in the app stores He writes in Sept, works in Canada and has gotten his CPA in Canada. I had to use my time to study technical - because how do you audit something if you don’t know what the standard should be? I’m very comfortable with case writing though so could use my time on technical. With the right study strategies, you can make your progress easier and more effective. Hi, I'm just starting Core 1 this October and I found that there is an option to choose online/offline to do the workshop. I remember week 4 and 6 being very heavy on finance and tax material. They gave us a week to submit the assessments so it didn’t have to be done all in that weekend. is it worth giving it another try? I'm having some doubts about how stressful the entire process was but still failed after giving it my best. I have 10 years of industry accounting experience and it’s still challenging, but mostly because it feels like a marathon and the readings, practice problems and cases take 15-20 hours per set. If you struggle with that, being able read the income tax act is the better thing to do, since you just look up answers there. Many pep candidates believe that these workshops should be condensed to 1 day. Hello everyone, I am graduating in May and doing Fast Track Core 1 and 2 simultaneously from May to July I am thinking I will take Densmore for core 1 BEFORE core 1 even begins. Spring 2020 I did well in core 1 but it was because I took additional time from the MCQ's and used it on my case instead but I of course couldn't do that this time around. They sent me the supporting documents where I, candidate 2 who took CORE 1 on July 2020 and comparing my assignment submissions to candidate 1 who took the same course later on October 2020 had almost the same exact written responses. Just continue attending those for each module since CPA Canada is super strict on skipping/lateness. MA, RC for the case i got 1. you need to find a study technique that will work for you. I can't decide between paying for Densmore, Gevorg, or PASS Binder to help me pass core 1. comments sorted by Best Top New Controversial Q&A Add a Comment. and Finance with Reaching competent . 8 weeks per module and you can do 4 modules per year if you do 1 at a time. Should it be written like a memo? View community ranking In the Top 1% of largest communities on Reddit [can] CPA core 1 . $520 + HST (Core 1, Core 2, and Electives only) CPA PEP Re-Write Exam* $520 + HST; Late registration fee: $240; Workshop or Assignment Accommodation fee (per day) $180 + HST **Not all students are eligible to re-write or challenge a View community ranking In the Top 1% of largest communities on Reddit [CAN] CPA Core 1 thread July 4th, 2019 . If you are taking Core 1, then I know there is no need to tell you View community ranking In the Top 1% of largest communities on Reddit. I will be starting Core 1 this January and I wanted to ask what people thought of Densmore. The Canadian CPA is Core 1 > Core 2 > Elective 1 > Elective 2 > Capstone 1 > CFE. I'm really nervous about the mcq as people have said it was the hardest portion. for example, creating your own technical notes, using flashcards, using acronyms, re-write the cases, ect. Core 1, Found your post. CPA PEP Core 1 Studying . The MC for Core 1 is very broad and touches on all topics: Tax, Performance Management, Audit, and Finance. Technical Review for Core 1 (CPA Ontario) Hello, I am reviewing the technical work that they supply which uses the ebooks (for financial reporting, audit and assurance, finance and tax). Core 1 and 2 were hell, you honestly need to know a bit of everything to pass. AMA. Every module I got stressed I failed and every one I did better than I am enrolled in the CPA national program in Canada, and will start the Core 1 in Feb 1 thus would like to give myself a head start by purchasing the Densmore Core 1 essential. Or check it out in the app stores It's an important part of getting candidates to waste their time and money on the cpa proccess They should spend more time on the competency map and common Core 1 topics. In Core 1/2, I found that the textbook was enough. Is anyone going to write an appeal letter to have CPA Canada throw out this exam attempt and have everyone rewrite again? Or at least give people the option to count this as a non-attempt prior to the marks being released? The exam was totally unfair with having Knotia being down for everyone for case 1. Reply reply the largest community on reddit discussing education and student life in Singapore! When I was in Core 1, I was told by our facilitator that the cases where people failed and that CPA looks at your ability to write a case. The KEY thing is I kept an Excel file with all the concepts I have trouble with. So in other words I'd complete Densmore core 1 and 2 courses before beginning CPA Core 1 was fine. But it won't happen anytime time soon sadly. For example, for corporate tax, google "corporate tax multiple choice questions". I unfortunately failed Core 1 recently. I am thinking to enrol in PEP core 1 for next semester, they are providing regular module and extended version module for core 1 (exam date is later than regular one). I had no motivation to study for this one as thoroughly but I feel good about it. You'll discover that the CPA programme is hard in the way that "Guess the number between 1 and 10" is hard, not in the "Prove the Pythagorean Theorem" is hard. | Starea Impostorilor #35 youtube upvotes It’s important to note that tax is only 10-20% of the Core 1 exam, and you’re only expected to know things at a breadth level. Is I bought the Gevorg CPA Core 1 study pack and the 75 MCs included with solution were VERY similar to what was just on the sept exam Just finished Core 1 & Core 2 modules for CPA Canada including the new format. And the module doesn’t prepare you for those questions at all. Is that a good idea? To finish all that content before it begins so I am well prepared for it or will it mess me up? I might do this for core 2 as well BEFORE beginning with core 1. Core 1 does cover a lot and it is the most challenging module to complete but many of the topics you are going to revisit during subsequent modules to gain more in-depth knowledge. I don’t think redoing the cases helps as you’ve seen the materials before. If you try to make your quant perfect, you are sunk. Maybe I'm just lazy. The MCAT (Medical College Admission Test) is offered by the AAMC and is a required exam for admission to medical schools in the USA and Canada. It's either cpa or nothing. Advice Hey all, I am currently taking the core 1 module and am attempting the unit 1 integrated problem. Expand user menu Open settings menu. CPA Core 1 MCQs . Open menu Open navigation Go to Reddit Home. I panicked, and I couldn’t calm down. But I’m a bit salty because I know I I have 6 cases with solutions from Geovorg for core 1, View community ranking In the Top 5% of largest communities on Reddit. with that being said, I'm planning to do CORE 1 & 2 simultaneously. Be smart and embrace the CPA journey. The tax hit in case 2 wasbizarre. Tags: Get the Reddit app Scan this QR code to download the app now. There is also a competency map that will basically tell you what is required for the whole PEP program, which includes Core 1 - however it will be pretty overwhelming, it’s not necessary to do it now since there are workshops in Core 1 where they go over this. For Core 1, it was godsend. I really depends. The book only seems to have questions, and no learning materials. I have been doing all the quizzes, integrated problems, and cases. Happy to not look at either ever again. So I just passed core 1 and 2 and I am wondering on what electives to take. Core 1, most of the FR stuff you can refer to the handbook while doing the I am just beginning the study journey for my CPA exams and want to know what everyone wish they knew before they began studying. Personal attacks are Get the Reddit app Scan this QR code to download the app now. View community ranking In the Top 1% of largest communities on Reddit [CAN] Densmore vs. I only went through its 4 out of 6 cases but it was more than enough for me to be super confident about cases, Search up core 1 and 2 self-assessed entrance exams on google and do those. Due to covid, I didn’t get to go to a workshop so everything was delivered online. Or CPA CANADA - Core 1 exam - multiple choice help . However, outside of this I haven’t had time to do much else. I ended up not even using it. you have less structure and really need to know how to apply the tools you learn to the problem as it is not as easy to identify the AO in the wording of the case. Vast majority of CPA candidates aren’t going to deal with 90% of the shit that pops up in tax. Or check it out in the app stores I am writing the Core 1 exam 1 month from now and I am doing the module (CPAWSB) and could use some advise, In my experience, about 70% of the MCQs on the exam were similar to the weekly MCQs. Tags: Well ppl I know have been guessing mcqs since core 1 and some of them are even done with cfe. I think it’s normally the stress of your first CPA exam and most times people are still trying to adapt to it. Use the CPA Compentency Map (can google) and it's around page 32 for Core 1 writers where you can find what topics that would most likely show up in the MCQ/Case. How did you guys find the exam? I thought the case was fairly straightforward. you need to dedicate enough time to study. As well, giving you a heads up, Core 1 is so wide open in FR they can test you on anything meaning they could test you on something you didn’t learn in the module. You have access until you pass which is another plus. not competent, reaching competent, For those who got marginal pass on core 2, Yes, it is. I recently failed my Core 1 exam, with fail result and Decile Reinking is 1. Study material suggestions, study tips, clarification on study topics, as well as score release threads. When I studied for the exam, I redid all the mcq and pcs, I bought the Densmore package, but I still felt like I didn't know 90% of the questions. Guys, today they finally release the results from the core 1 exams. They also have detailed answer keys with explanations. didn't even recommend if there is an increase or decrease in net income for the first case. The Knotia issue just made the whole thing more bizarre. Welcome to the Reddit home of the 6-time Super Bowl Champion New England Patriots of Core 1 was the hardest module because CPA is completely unlike university. If you want to stay in accounting, you may want to consider focusing on working at your job for a few years first. Hi, does anyone know if I should submit an appeal for deregistration or submit a reregistration request after failing 3 attempts at core 1? Not sure Disclaimer: It's my [23M] girlfriend [22F] that actually failed her CPA Core 1 Exam in Canada and I wanted to research options for her and provide support. /r/MCAT is a place for MCAT practice, questions, discussion, advice, social networking, news, study tips and more. Or check it out in the app stores CPA Core 1 2021 (Canada) That being said, I personally found Core 1 harder as it was the first mod and exam and I was still getting used to the process. CPA PEP Core 1 exam study guides I am looking at various study guides to help with my multiple choice section of core 1, currently I feel I am very weak on this part of the exam; this low confidence is causing me to switch correct answers to incorrect answers. I've To add to this you should look up older cases that are similar to the sample cases that are posted on the CPA website The format for Core 1 and 2 are 80ish MC and one case, Finally, I'm open to any tips or advice that you can give. Takes me longer but the 8 week pace on the usual courses was too hard for me with a demanding job. Can someone guide me how can i best prepare myself for MCQ's. So I knew I failed 100% case 1. Core 1 is a tough course, there is a huge volume of information being thrown at you. AUD, REG, BEC Study Guides - SUPER HELPFUL Writing my CPA PEP (Ontario) Core 1 exam this Thursday. The silver lining is that marking for cases is very generous and the final exam marking is generous too. I failed and received a decile rating of 6 Case 1: NC C C Case 2: RC NC NC Shocked me as I thought I absolutely butchered case 1 and thought I did pretty well on Case 2. I recommend checking the competency map and see which are A’s and B’s especially FR. Look at new resources. Core 1 was a shock, so I’ve taken the rest through extended modules. r/Accounting A chip A close button. For example, week 1 assignment problem could have a question about a leases, while leases aren't addressed in your readings until week 7 - not very intuitive. Get-Me-A-Soda • Hey I’m writing core 1 in two weeks as well. Their notes are very large though so I read them once and watch the lecture and then focus on learning technicals from the HTK consulting notes for 1 hour maybe for the topic and spend the rest of the time focusing on the PASS multiple choice. Competent with distinction on tax. Or check it out in the app stores They bell curve the exams based on how people write it. Due to completing my undergrad about 2 and half years ago, my technical skills aren’t the best. get reddit premium. Which study materials should I use to prepare for the exam? PASS? CPA Core 1 exam advice The core modules will involve weekly practice cases/multiple choice questions (MCQ) and practice problems so you will be busy. Any one planning to do core 1 in this July - September 2024 Share Add a Get the Reddit app Scan this QR code to download the app now. Personal attacks are Hi everyone, I'm a recent Accounting grad (April 2020). 72 gpa. We welcome students, current Registered Representatives and anyone who is curious. Luckily I had just high enough grades to make it into CPA PEP. 1 TBS for disciple. I leafed through densmore however and it's kind of like a study For MC (to answer your original question - sorry), I found the CPA material and university notes to be sufficient enough. Hi guys, I failed my Core 1 this past winter. Log In / Sign Up; I am currently enrolled in the Canadian CPA Prep course. I didn't get good at case writing until studying for the CFE. Winter 2024 core 1 CPA results . But it seems like you're just struggling with financial reporting - what I would suggest then is just spend 150 bucks on the CPA competency notes (used by CFE writers). I felt like I nailed the case but failed massively on the multiple choice part. You’ll get access to the Desire2Learn (D2L) platform about a week before the CPA Core 1 March 2024 . I found them to be really helpful to summarize a lot of the concepts that are taught in PEP and CPA PREP (beware, they don't go into too much detail, just a high level understanding of I was freaking out for Core 1 till last week and decided to spend some extra instead of spending a lot in retaking the module and bought Densmore. Don’t beat yourself up over it! I know of some really bright people that failed Core 1. Any advice on whether to write the case or the multiple Get app Get the Reddit app Log In Log in to Reddit. Core 2: goofed the core 2 case for MA and strategy, but competent for finance and in all MC otherwise. I am consistently getting 60-100 on the multiple choice tests, and I am wondering if it is worth it to sink my time into the multiple choice like this. I'm doing Core 2 now. Also btw I am thinking I will take Densmore for core 1 BEFORE core 1 even begins. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; CPA Core 1 Sep 2024 . CPA CANADA: Core 1 cases . Log In / Sign Up; Advertise on Reddit; Shop **The subreddit for CPA Candidates** Certified Public Are you going through the CPA modules or challenging the exam? I challenged the exam so I purchased material from CPA PASS to study from. the second case was better, at least i had time to write. Gevorg CPA cases are great and it is very easy to follow and understand especially the IFRS base cases about business combination , Tbh they are not easy at all. I wrote 2 cases per day with debrief right after. If there are stopping off credentials, people could at least have something if the full cpa isn't something that is feasible or desired. Founded in 2013, Cloud9 has grown to become one of the most recognizable esports organizations in the world. Also, pass rate is not 90% for core 1 and 2 - more like 80% since more people join cpa pep Get app Get the Reddit app Log In Log in to Reddit. But if you do NC-RC on MCQ and ace the case, you'll pass. Or check it out in the app stores CPA Pass With distinction . Also, if someone has the material for this year, I would be interested in purchasing it second hand. So I just passed my Core 1 rewrite and set to start Core 2 next week and I have a r/Accounting A chip A close button. It took a while to get through it but it’s totally worth it to learn the strategies on attacking each day so going forward you have the confidence to tackle the cases. I took off one day from work to study for core 1 and ended up just going through the CPA pep material (each weeks case) and felt it was sufficient enough for the exam. Don't try to be perfect, there is no such thing on a case. It’s my third and final attempt for core 2 exam and would like to know which course is better for practice and clearing the exam. Core 1 of CPA PEP - having difficulties . However, I am extremely worried about the multiple choice. Core 1 had a lot of material to cover and taking the core 1 module helped me set the foundation for rest of the modules/exams. I have started a reddit community for CPA candidates, please feel free to join it too. Which one is worth purchasing? comment sorted by Best Top New Controversial Q&A Add a Comment. What are your thoughts on the CPA PEP Core 1/2 modules? Get app Get the Reddit app Log In Log in to Reddit. I'm currently enrolled in the module and am supposed to sit the exam early July. Internet Culture (Viral) Failed CPA PEP Core 1- NEED ADVICE . Edit: Passed It's Core 1 so you have a good chance if you applied the wrong standard correctly and did well on the other case. How to best prepare for CPA Core 1 MCQs. This is my first attempt and honestly I'm quite nervous, but knowing that this will be the most amount of time I CPA is a legit money grab scam! How can some exams be straightforward and others like the one today be excruciating. If you Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Audit with Reaching competent; . There's articles on planning and debriefing cases on CPA learning ebooks under enabling competencies section. Or check it out in the app stores CPA Core 1 - Finance? Currently on Week 4 of Core 1 and encountered some finance stuff that I'm totally not familiar with anymore out of school, Get app Get the Reddit app Log In Log in to Reddit. I would go through the retired cam questions and spend like 1-2 hours per question. Here is what I did: Exactly 8 days before my exam I started rewriting all my past cases under the 60 minute time limit. I've got to do this exam again. Do I really need to understand all of IFRS? It is Hi, I just enrolled conditionally in Core 1 and paid the amount. Hi I was wondering if anyone knew I passed core 1 with distinction and my only area of distinction was tax. Thank You! I legit almost started crying walking home from my Core 1 exam. This thread will track additions, deletions, and changes in focus for the main 3 sections. Yes, I will be going over each MCQ and sim in a video format. I am currently doing by cpa core 1 and I am having a hard time keeping up. To be honest, the MCQ in the exam were much harder than the weekly quizzes, with many questions spanning more than half to a page. For the case, I did the Revenue Rec, contingent loss (just disclose), lease. And co workers at my big 5 cpa firm wasn’t really **The subreddit for CPA Candidates** Certified Public Accountant (CPA) Come here if you are looking for guidance to becoming a CPA. Any I found both cases bizarre. Objective format MC - FR-NC , Aud-C Tax- RC Finance-RC Case - FR-NC, Audit-RC I did the weekly assignments, MC, and practices cases. Should just hammer personal and corporate tax so when they enter public practice Recommended topics CPA loves to test on in Core 1 (so learn to look them up and find the criteria): Revenue recognition, leases, expense or capitalize, inventory, contingencies, For Core 1 and 2, I just took a day off before the exam and studied the solutions to the CPA materials. Source: got PD on cpre 1 and 2 mcqs by just doing those only. 4% and 81. Aquí nos gustaría mostrarte una descripción, pero el sitio web que estás mirando no lo permite. I was wondering if anyone can give me some advice on CPA core 1 & 2. Buy extra cases if you need — I recommend Gevorg CPA. I went through core 1, core 2, and PM with maybe one revision. However, I forgot most of the stuff so I always need to read and check the exercise in the manual. I want to start this off by telling you the good news – the pass rate for CPA Core 1 was 79. At least with Core 2, it's just managerial and not literally everything else from I am going to be starting CPA Core 1 in October and am already stressed out. I feel like I passed Core 1 last December. I only guessed 10/75 MC’s. FR - competent. Task 1: Issue: Analysis: Recommendation: The other thing to keep in mind (unless they've changed the format from when I wrote Core 1 in 17 that is) is that the majority of this exam is multiple choice. A little backstory about me, I completed my undergrad in Dec 2018 with a 2. Wikipedia. Only on Unit 2 & having a hard time getting through the assignments. its my first time and i had no idea this test is gonna be this time constraint. 120 Credit hours/CPA Prep -> CPA PeP 6 modules (core 1 and 2, electives (audit and tax if in Pub Accting), and Capsto e 1 and Capstone 2) There will be a 2-3 year period at minimum for the transition where the current CFE method will still be in Get the Reddit app Scan this QR code to download the app now. This will kill you later on. I am in desperate need of help. I am in Core 1 right now, generally doing well and getting RCs, Cs, and more CDs (efficiently) as the module is going on. ALL SIDEBAR LINKS IN OLD REDDIT ARE NO LONGER KEPT UP TO DATE, PLEASE VIEW NEW REDDIT FOR UPDATED LINKS /r/Accounting Chatroom: Live chat on Discord! Click here for an invite. It's truly just a huge mindfuck. Reddit is not a I challenged Core 2 and Tax and took Core 1 and Assurance modules. I am writing my core 2 CPA exam For core 1, I did all the PC and The Series 7 Exam Subreddit is a professional community of Reddit users focused on the passing of the FINRA SIE Exam as well as FINRA Series 7 Exam. View community ranking In the Top 1% of largest communities on Reddit. Or check it out in the app stores What to study and review in preparation for CPA Core 1/2 . Rules: 1) Be respectful and civil. Audit and Assurance: competent with distention. It taught me how to approach a case. I passed core 1 (along with core 2) using only the material CPA provided. Or check it out in the app stores CPA Core 1 and Core 2 exam results page. Ultimul episod, deși meritau 100. I am a core 1 repeat writer. Thread has 2 reminders. My studying habits are a little weak and I don't think i will be able to read and retain the information in the ebooks for CORE 1 in PEP. Someone mentioned the survival guide, I think you can take a look at that to prepare mentally. Core 1: Competent in all; w/ distinction for tax in MCQs. 9% in 2019 and 2020 respectively (source: CPA Canada). Be patient with others. Log In / Sign Up; **The subreddit for CPA Candidates** Certified Public Accountant Approx. Tags: View community ranking In the Top 1% of largest communities on Reddit. Then multiple choice which you had to submit, but it really was just for participation (score did not matter). Or CPA Canada Core 1 IP . In case 2, I did alright, so passed all 2 but not enough for a pass Core 1. Or check it out in the app stores TOPICS. Open comment Accounting/Cpa_core_2_april_2021. What's done is done and there's no point in reflecting on the exam as it won't do anything. For the second attempt she bought the core 1 densmore package (not sure how much it is) and she said it was really helpful and made her feel more confident. I'm so slow. Or check it out in the app stores CPA Core 2 Exam - September 20 . Sort by: The University of Notre Dame's Reddit community. Like, we have 15 minutes to read the case, In a round about way they tell us in Core 1 - you can see in the grades section how many AO’s they’re going to mark. 2 TBS per Core section. Hey everyone!! Was wondering, for people studying for the upcoming core 1 exam. Strategy, C 3. I am so intimidated by the practice cases because I feel like I never know what it’s asking for. Discussion How is everyone feeling about the results today????? Share Add a Comment. View community ranking In the Top 5% of largest communities on Reddit. Analysis: Copy and paste the relevant Handbook section and Passed CPA Core 1 and I wanted to shared with everyone what worked for me as it's such a shit show and CPA throws you in the deep end. In Tax, I found that I needed specifics that weren't in the textbook. Any experience with Densmore? Densmore's 'Core 1 Essentials' package is $300+ so I am not sure if it is worth it, but I have heard that Densmore is far better than the dry CPA materials. does CPA want financial statements to be signed off by people who know everything but assurance at its core? Hey guys, This Saturday marks the beginning of core 1, and I’m stressed! Wondering if any Canadians have any tips for me as I work through core I unfortunately failed Core 1 recently. in this exam there were like two S&G AO’s and no RAMP, control analysis etc. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; CPA Core 1 and 2 exam (2022 June) Homework I'm going through the retired exam Specifically Core 1 and 2, r/Accounting A chip A close button. Thanks I recommend you apply these six strategies to help you pass Core 1. Got to learn to tolerate the cringy group work activities too. My case was fairly straight forward financial reporting. So I failed Core 2 with MC portion: 1. I'm somewhat confident of passing and hopeful of passing my electives by the end of this year. I dont' think its worth appealing as from what I know there hasnt much success with previous candidates. Sort by: Best. You can, but they will not prorate what you paid, just give you access until your paid month is over. The best place on Reddit for admissions advice. BoobaDuck CPA 1 point 2 points 3 points 9 months ago . Kriti199 For Core 1, i want to ask people what are the best notes especially for Financial reporting where you have to remember and memorize the ASPE, IFRS For Core 1 and 2, I just took a day off before the exam and studied the solutions to the CPA materials. Or CPA Canada - Core 1 . My recommendation to anyone beginning Core 1, would be to realize that CPA's "core 1 survival guide" does not at align with the exam/assignment/practice case questions. There is no way someone can nail all 75 mcqs whereas some of the mcqs aren’t even from the e learning books. My previous exam was covid based format (2 cases). Certified Public Accountant or CPA is the title of qualified accountants in numerous countries in the English-speaking world. r/Accounting. Hello, I am currently learning chapter 18 IFRS revenue. Strategy, C 3. cpa core 1 Hello friends, I needed some guidance and I guess im here haha so essentially ive failed core 1 twice and now I have to redo the entire module I talked to my manager and she said i could redo it in september and take a lil break. I didn’t get densmore for core 1 used it for core 2 and remember the exam going way better for me. I feel very . Too many requireds to address on the exam in 1hr. Preparing for Core 1 of the CPA Canada PEP program can be challenging. Or check it out in the app stores CPA core 1 - exam marks . The pass rate is around 80% or higher for Core 1 so the bar is low right now. Tags: Hello Reddit, I come to you seeking advice on studying for CPA Core I PEP Exam. Core 2 was a Not to draw a conclusion off of a couple of reddit threads, but it sounds like every PEP exam is a checkpoint to test you as a CPA on anything they've taught you at least once, regardless of which course you're in. Get the Reddit app Scan this CPA CANADA Tips for writing a case Core 1 & 2 . I am looking for any advice on how to complete a well written answer. There have been people who swear up and down that an audit planning memo is a sure-shot, but not really I’ve been notified by CPA that I may be in breach of the code due to Plagiarism. Any and all help is needed. The assigned ebook readings would be from the Core 1 survival guide made available to you when you started Core 1. oh i just finished my core 1 final today, did you do the same test? how do you feel about it. I am worried I am not nearly prepared to write the exam. This exam determines if you can sign off on F/S. We just had to complete the tasks and watch the videos on our own time. I have no faith in anything cpa does, so I anticipate that this will be a disaster haha Hi Every one, I am new in canada and i am on work permit so i can't take admission in CPA Canada right now, can some one provide me with Resource material for CORE 1 and CORE 2 so i can start preparing myself for exams Just took the Core 1 Exam, (2 cases) Get the Reddit app Scan this QR code to download the app now. Or check it out in the app stores CPA PEP Core 1 Study Advise . By Core 2, I had some experience and knew better what to expect and how to study, even if the material was more challenging for me. Thinking for starting my CPA Core 1 on January 2024. Primarily for accountants and aspiring Hi I am planning to take cpa pep in 2022 with a goal of writing CFE in May 2023. For Core 1 tax, really the only way to study is to do the tax return questions, since tax is mostly about memorizing all the little small rules. Aside from learning the technicals, you also need to learn how to write the cases in exam conditions (time management). On most Reddit posts related to the core modules (YES, I read all of them) ppl say making flashcards was very helpful. I never challenged the exam but I am sure what prepformula and cpa offers will be helpful as long as you study strategically. Log In / Sign Up; do you say CPA (if you have one), or your job title (auditor, financial Pre merger, I never would have chosen CA, but under the current system, I have no choice. Hello, this question is for any who took Core 1 or other PEP modules during Covid or even before. Log In / Sign Up; Advertise on Reddit; Shop Collectible Avatars; Get the Reddit app Scan this QR code to download the app now. Reply reply CPA PEP Core 1 upvotes The Reddit Law School Admissions Forum. I won’t be retaking the entire course, just the exam. I'm also kinda drained on financially but I don't wanna give up easily. So I don't know if this has been explained, but are all candidates given the updated 2024 exams even if they are not As a past Core 1 writer, the best advice I could give you guys now is to stay off this subreddit and enjoy your time off from studying. As you familiarize yourself with the Core Module Blueprints CPA Canada has provided, you will notice for example, that on the Core 1 final exam, 50-70% of CPA Core 1 Canada Advice Hello guys, would appreciate any advice from those who have experience with Core 1. There are so many rules and ifs and or buts that its making my head spin. Ended up passing with all C's. i barely finished everything with no time to check any of it. I understand that the CPA PEP program is pretty intense (especially in Core 1 and 2) so any advice for a new CPA student would be very helpful. Core 1 has the highest failure rate among all modules. I am not sure if I should enrol in the extended version and give myself more time to CPA Core modules HELP . CPA - We have either been through it, or are currently going through the study and CPA licensing process Useful Posts. Prepformula offers webinars and 1 on 1 marking services. Other than reading the feedback, I recommended you to get some help from 3rd parties such as Densmore, Gevorg, etc. This is easier said than I was wondering if anyone could direct me to practice case(s) and mcqs for core 1. CPA Canada's preparation is sufficient. There have been several exams with no valuation based on previous Core 1 topic discussions. So in other words I'd complete Densmore core 1 and 2 courses before beginning CPA core 1 Get app Get the Reddit app Log In Log in to Reddit. There is really no predicting core 1. That being said you should make a habit of writing down the standard in your planning sheet when writing a case. I fall in the decile 1 ranking. Also, I will be using Becker to study. How did I studied MCQ using the CPA content and Densmore practice exam. I bought it while I was in core 1. You should plan on buying material from DCS and the Prep formula videos if you're going to challenge the exams. Hi all! I’ve heard that the case on the actual exam in CORE 1 are usually easier than the ones we get thought the module. They give you a Mock Core 1 exam I believe as well. No problem. Core 1/2 have more focus on general knowledge so exams only have 1 hour case with more multiple choice. What helped me is I bought the Gevorg CPA Core 1 study pack, he provides 75 MC’s with solutions and they were VERY similar to what came up on this exam. The majority of Core 1 failers fail because they don't take it seriously. For me it was like “core 1, plus audit procedures”. . Core 2, go make your own thread. Additionally, any advice found here IS NOT legal advice. It was also 10pm by the time I finished cramming. I wrote the CPA ontario core 1 exam today and it sounds like we got the same exam. MCQs results as FR with Not competent,. Get an ad-free experience with special benefits, and directly support Reddit. Keep disagreements polite. This Saturday marks the beginning of core 1, and I’m stressed! Wondering if any Canadians have any tips for me as I work through core 1 (and beyond). CPA I believe has changed the core modules since when I did them, it used to be a combination of immersive case over the course of the module, plus a practice case every other week. Gevorg I wrote my CPA (Canada) core 1 yesterday and I do feel some sort of way as I really just want to pass and get on with it. If Core 1 was any indicator, the MCQ questions on D2L are almost completely unrelated to what was tested on the actual exam - in both format and content. Sucks. CPA core 1 help (Canada) I just started Core 1 a day ago and am completely overwhelmed at all the activities, quizzes, and cases due in such a short period of time. Or check it out in the app stores EDIT: FYI this was Ontario, Canada Cpa core 1 exam Share Add a Comment. I had extra time before the start of Core 1 so I got the texts off a friend and read 95% of the syllabus and did notes - I didn’t retain anything but I have good notes to refer back to. Google your question and then add "HTK Changes To Core Exams For 2024 With the exam content changing beginning in 2024, the general consensus is that BEC will be spread out into these other three sections. CPA coach but I have also taken these programs when I wrote my CFE so I can give you an honest review. honestly core 1 is challenging because its so The last 2 weeks of exam prep for C1, I did 10 something cases. IMO cpa pep is a different beast from your university classes just because you're going to to learn to use the handbook a lot and your basic accounting knowledge from uni will only supplement all the new skills and knowledge you're gonna need for cpa pep. Or check it out in the app stores I’m seeking advice as I have decided to challenge core 1 exam. Reading the results of last Core 2 was hilarious. permalink; The #1 social media platform for MCAT advice. CPA join leave 91,744 readers. I guess we will find out in 14 days. By using a mix of study techniques, practicing active learning, and staying Get the Reddit app Scan this QR code to download the app now. On case 1: i got Competent for financial reporting. Members Online. Tax if you want to take advantage of CPA Canada's MRA with the US NASBA Finance was pretty technical and I had a lot of submissions come back requiring revisions. Go through all the outcomes and see if you can actually do what they are asking for. I work (100%) remote full time as a Fin Manager and work is generally not crazy busy and does not require significant amount of overtime. Therefore, the best way to study and prep for the Core exams is to attempt a case, compare it to the marking guide, and say "OK, what in the case ought to have told me to write what's in the solutions guide?" Before you begin preparing, know what topics are examinable and to what extent. Since it has been a while after I graduated from school, I have forgotten lots of knowledge. Just make sure to do all the reading and spend no more than 4 hours on each case. reReddit: Top posts of January 17, 2022. Core 2 CPA Canada: Gevorg or Densmore . Question on Core Exam Content for 2024 . Or Gevorg CPA released new Core 1 complex IFRS cases recently Link. When each question is a page long, there’s just no time. if I don't attend the orientation workshops, what will happen? **The subreddit for CPA Candidates** Certified Public Accountant (CPA) Come here if you are looking for guidance to becoming a CPA. Hi all, I I purchased a bunch of Gevorg Core 1 cases for case writing practice and ended up passing with distinction on my 3rd try. If you a) finished an undergrad accounting program in the last 3 years or retained a decent amount of your knowledge from undergrad and b) give at least an effort to study 40-50 hours, you're already better than > 20% of the people out there. CPA PEP Core 1 third attempt . You can certainly make up for weaker tax knowledge in Core 1 elsewhere on the exam. The Case was ok marks as: . Get app Get the Reddit app Log In Log in to Reddit. Cap Exemption for an approved H-1B petition upvote r/Accounting. I think you need to go back to your cases and compare to the solution to see how close you are. Analyze the accounting issues as follow: Issue: 1 to 2 sentences to restate the issue. Honestly I failed Core 1 and Core 2 and will probably fail Tax and Assurance. Focus on how to write a case the CPA way. I passed the exam but i don’t understand how. I submitted a re-registration request due to 3 failed attempts at core 1. The Canadian set up is Core 1: breadth of financial reporting, audit and tax issues Core 2: breadth of management accounting, finance and strategy and governance Then you can choose 2 of 4 possible electives (where you have to demonstrate depth) Then there is a group project And finally a prep course for the 3 day exam called the CFE. I was reading on another reddit post that they print out the excel as a PDF, so they cant see the formulas used. Post any questions you have, there are lots of redditors with admissions knowledge waiting to help. You learn the most from debriefing cases after you write them so I suggest debriefing If they do accept you, you'll need to start back at Core 1. Since I didn't have a job offer till now and with COVID-19 killing the market, it's looking unlikely that I'd get a job in an accounting firm anytime soon. I am finding We had the Core 1 orientation workshop. Core 1 and 2 are likely on the higher end and the electives around 10 hours for me. Finance, C I only got one NC but it was im management accounting for the case. However if you do NC on the case and RC on the MCQ, you'll probably fail. Situation: This is my partner's 2nd time taking this exam and it's been soul crushing for her that she failed this exam again. With championships industry-wide, unmatched viewership hours, and extensive benefits packages for players and staff, Cloud9 prides itself on being the best in I didn't really start going into the Income Tax Act until I took the tax module (this past September). Does anyone have any recommendations for external materials that could be helpful, such as Densmore or PASS. I have a decile ranking of 1. I am challenging the exams and failed core 1 on my first attempt. Im already enrolled in PREP Formula as well and was wondering if anyone had experience with either and if Densmore could provide additional help Definitely was sad to see the variance analysis as those were one of the chapters I didn’t really study as much! I think the case writing is more comfortable for me after core 1 but it’s still very difficult for technicals and trying to stuff all of those concepts within a few months 😩 I would say the MCQ were a lot better than core 1 though, I felt like this one I’m somewhat okay with core 2 is a little different then core 1. Thank you in advance :) After going through Core 1, I find that candidates have improved not only their technical accounting knowledge, but their skill of prioritization. Use a timer and time how long you are The Series 7 Exam Subreddit is a professional community of Reddit users focused on the passing of the FINRA SIE Exam as My advice is to try to do something differently this time ie. make sure you do your readings so you know when and how to apply each tool. However, CPA denied my re-registration request. Exam MCQs resemble those very closely, with some exam MCQs being straight up same with just nunbers replaced. Should I appeal? I failed the CPA core 1 exam, and I have absolutely no idea how to pass the second attempt. Their calculation-based questions are just wayyy too wordy and convoluted. Thanks for reading! View community ranking In the Top 1% of largest communities on Reddit. Taxation with Not competent; . Focus on breadth and learn to navigate the handbook because the topics I Like others said, CPA uses Knotia for their learning materials BUT I found these useful PDFs (provided by CPA Canada) while doing google search (this is accessible to anyone) for my core 1 review. However, if you’re really not into accounting I wouldn’t force it. CPA Core 1 exam advice Advice Anyone have any advice or tips for preparing for exam? This is our little Romanian corner of Reddit! Members Online. This process lasts about 2 or 3 years and at any point if you fail or take a break you could delay it further If you are failing Core 1 twice, then you may have some unaddressed fundamental deficiencies such as not following the CPA way. My Core 1 exam got postponed due to Covid-19 so I'll have 2 exams this semester. Core 2 Case 1 Management accounting Strategy and governance Finance Case 2 Management accounting Strategy and governance Finance The Cs etc are by I wrote my CPA (Canada) core 1 yesterday and I do feel some sort of way as I really just want to pass and get on with it. Now, I'm trying to study for the CPA Core 1 Exam, and when you're challenging the Exam, CPA Ontario does not seem provide any form of books/notes/outlines in regards I 100% agree. For the sample questions, do a google search for the certain topic. Core 2 MC was mostly Cost Accounting, Strategy and Governance, and Performance Management stuff. Best of luck. It is really more difficult compared to university. So far I'm finding core 2 so much easier than core 1 it's crazy. CPA PEP. Basically if you fail the case, you fail the exam. It might help clarify accounting for you enough to give you a new perspective if you try for your CPA again. I found that helped me tremendously. So I took the core 1 mod for Winter 2018 and unfortunately did not pass. Now for the the leases, I did talk about ROU and lease liability and calculated the Pv For lease liability to the best of my knowledge but I'm sure the calculations were wrong.