CPA Exam Review News Blog

Employers focus on decreasing turnover and increasing engagement.

Posted by Dr. Phil Yaeger on Oct 24, 2017 9:00:59 AM

The current generation making the majority of the workforce wants to do more than clock in and clock out. Putting in the time is important to Millennials, but so is fulfillment. Professional and personal lives are blending together more than ever before. These blurred lines are causing today's workers to look at what they are doing and how it is shaping them more than previous generations.

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Tags: Accounting News

Everything You Need To Know About Passing the CPA Exam With AdaptaPASS

Posted by Dr. Phil Yaeger on Oct 11, 2017 7:12:53 PM

Technology has made our world more efficient than ever before. What takes us a few seconds to communicate used to take days, weeks, and even months. Computers now take processes humans could do in hours and make them happen in seconds. We've used technology to put a man into space. Why not take what technology has to offer and make your CPA Review experience more intelligent and efficient?

That's what we've done with AdaptaPASS.

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Tags: Accounting News, 2018 CPA Exam

Best Practices For Working at Home

Posted by Dr. Phil Yaeger on Oct 4, 2017 11:53:13 AM

More employees than ever are working from home - a number that seems to be going nowhere but up. Employees benefit from more flexible schedules, decreased commutes, and a spike to happiness. Employers get the benefit of fewer bodies in the office which result in less office space needed and lower utilities which results in lower overhead, and happier, more loyal employees. The idea is that this all increases productivity while lowering turnover.

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Tags: Accounting News, AICPA, 2018 CPA Exam

How to Travel the World as a CPA

Posted by Dr. Phil Yaeger on Sep 25, 2017 12:35:38 PM

Millennials have a serious case of wanderlust. The majority of the young adults this group desire to see the world and take advantage of cheap travel opportunities; and, they plan to do it while they're still young. The result is a significant part of the workforce who collectively want to experience the world like no other generation has in the past. Luckily, the digital workplace is often allowing them to do it.

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Tags: Accounting News

Networking: How to thrive as a young accounting professional

Posted by Dr. Phil Yaeger on Sep 14, 2017 12:34:59 PM

The first few years of your career can be difficult to navigate. There's an expectation to be professional to the standard of seasoned pro's without a) having much experience and b) being able to accommodate every expectation as times and common practices have changed. Keeping everyone happy and making genuine connections can feel intimidating, but it is possible.

Start by building a good base of helpful practices. Understand that it we live in an age where a good handshake and business card are as necessary as an up-to-date LinkenIn and online presence. You'll have to consider old school and new school approaches and figure out how to bridge the gap, but it's not something you need to shy away from.

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Tags: Insider, Accounting News, CPA Productivity, AICPA

Drowning in work? Here's how to get your head above water

Posted by Dr. Phil Yaeger on Sep 11, 2017 1:30:22 PM

We're getting to the point in the year where vacations are catching up to us, and winter workloads are bearing down. New work is put on top of old work, and you'll feel pressure to get it all done at once. New hires are coming in, but they don't know what they're doing, so it'll be expected that you carry a little extra of the workload. No matter the reason, the result is having a lot more than you'd like on your plate.

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Tags: 2017 CPA Exam, Accounting News, AICPA

The Eight Best Towns Where You Wouldn't Think to Look for a Job

Posted by Dr. Phil Yaeger on Aug 7, 2017 5:43:51 PM

The reasons they picked these cities are likely different from those a Forbes or Business Insider would highlight, but it's great to have options. The diversity revolves around opportunity and lifestyle. We liked Outside Magazine's different take on cities they liked for their readers. The beautiful thing about being a CPA is how every option is possible. From New York City to a heli-ski operation in Alaska, there are accountants everywhere. Since Outside honed in on their top 25 choices based on great things like places to raise kids, enjoy great food and drink, and be super active, we thought we'd trim the list down with a professional oriented eye.

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Tags: Accounting News, AICPA, Accountants Creating Budgets

Why Accountants Should Mediate Rather than Dictate the Budget

Posted by Dr. Phil Yaeger on Aug 2, 2017 12:32:46 PM

When you are in charge of making the financial decisions for your company, it can be easy to get into a mode where you call the shots. The problem with this is how people may disagree with you and stray, bend, or push the limits which will ultimately make your job harder. Much like coaching a team you may be the one in charge, but the key is to get your players to do what you say, not just telling them to do it.

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Tags: Accounting News, AICPA, Accountants Creating Budgets

Adaptor, Innovator, and Creator - The Progression of Today's Accountant

Posted by Dr. Phil Yaeger on Jul 31, 2017 12:54:02 PM

There has been a lot of speculation about the fate of the accountant lately. Some have predicted the demise of a career while others have been quick to lift up the profession as more vital now than ever. The one thing that is for sure is the industry is changing, new challenges are arising, and we are witnessing a generation rising to the occasion.

What we are seeing is history repeating itself. The profession of accounting has a tried, true, and steady place throughout history. Accounting has helped nations establish themselves, has seen computers become commonplace in the 80's, survived user friendly software programs, and will do fine in the age of automation as well. The profession has overseen many advances, and the new age of technology we are experiencing is just another notch on the timeline.

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Tags: 2017 CPA Exam, Accounting News, CPA Review Courses, AICPA

Feeling a lull in your CPA Journey? Don't be discouraged.

Posted by Dr. Phil Yaeger on Jul 5, 2017 12:54:25 PM
You may be feeling in a bit of a rut in your CPA journey or even some discouragement from the new version of the CPA Exam and the updated score release timetables. There is always going to be some unique adversity when pursuing a goal, but here are some reasons to keep your head up and move forward.

Clout - There are doctors, there are lawyers, and then there are CPAs. Once you've earned it, holding your CPA license is worth more than an MBA or even a Ph.D. Having a CPA license tells people that you are smart, driven, and hard-working. They know that you spent years in school working to stay at the top of your class. The goal was more than a bachelor's degree as you continued your studies with a CPA review. Then you pass the Exam while working in accounting to earn your required practical working hours needed to receive your exam. Yes, when your peers learn you are a CPA, they see a person who is going places.

A kickstart to your career - It's true that the vast majority of big firms and corporations seek only those with a CPA license to add to their accounting and finance team. Even though there may still be long-time employees grandfathered into the company who never earned their CPA license, you're still likely to surpass them simply because you took the time to get licensed. However, if working for the man isn't your style, you're much more likely to find success working as a private accountant or financial consultant if you have the initials C. P. A. in your title.

Career Diversity - You may get bored working as a corporate tax accountant after a few years in the business. To many a total career change would require more years of schooling and a figurative reset button; but as a CPA, your career choices are almost endless. Want to learn the music business? Work as an accountant for a music label, pulling double duty as a private financial consultant to your label's artists. Maybe you want to try out life as an expat, so you decide to pursue a career as an international accountant. Or maybe you recently married and have decided you want the simple life of a house, spouse, and a few children running around the yard. You want a career with good pay, good benefits, and great vacation time; a government job seems like the wisest plan. As a CPA, you can go anywhere, pursue any career in any industry, and find your calling.

Allows you to give back - Most people agree that if they had the money and the position to do so, they would become philanthropists. With a CPA license, the opportunities to do good are endless. You can offer your accounting services pro bono to local non-profits or simply to your child's school's PTO program. If you're religious, you can offer your knowledge to provide free services to your church or organization's financial officer.

* There's one more appealing reason to CPA: the almighty dollar. It goes without saying that a CPA has earnings potential that most people only dream of.
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Tags: Accounting News

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