CPA Exam Review News Blog

Every CPA Should Make a "To Don't" List

Posted by Dr. Phil Yaeger on May 23, 2018 11:29:44 AM

Everyone has heard and most of us regularly keep a "To Do" list. Their detailed tasks sit line by line on folded up sheets of paper in pockets and in the notes sections of our phones. We cross them off and in doing so, feel a sense of accomplishment. One thing we don't give ourselves credit for is the very thing which gets in the way of crossing more of those "To Do" items off.

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Tags: accounting career, 2018 CPA Exam, CPA Productivity, CPA Exam Prep

Give Out Plenty of Holiday Cheer... and Business Cards!

Posted by Dr. Phil Yaeger on Nov 1, 2017 1:54:14 PM

We are officially in the Holiday Season! There are going to be a number of work and personal parties. Along with gifts and holiday cheer, your going to want to be ready to give people your business card. Whether you don't have a card or your current one needs a facelift we've got some do's, don'ts, and great companies to order from!

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Tags: Accounting News, CPA Productivity, CPA Job Search, Networking

Stress Relief for the CPA

Posted by Dr. Phil Yaeger on Oct 30, 2017 3:29:09 PM

Most students will tell you the top stress in their life is school, studying, and the pressure to get good grades. Adding in additional stressors involved with work and family only exacerbates the stress of studying. CPA candidates understand this type of stress more fully than most, since the pressure to pass is often put on them by their employer. The importance of passing all four sections in time, prior to a score expiring also adds urgency. 

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Tags: CPA Exam Prep, CPA Productivity

Searching For a Job? Watch For These Warning Signs in New Employers

Posted by Dr. Phil Yaeger on Oct 9, 2017 11:58:14 AM

If you are searching for a new job or feel discontentment with your current one, you'll likely be scouring job websites looking for the next step in your career. Thankfully, as a CPA your job search will likely be much less painful. The market is in need of lots of good CPAs, which gives you the advantage to find a job you love without settling. As you search, you'll want to look out for these red flags in potential employers. 

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Tags: CPA Job Search, CPA Productivity

Staying Healthy: Studying for the CPA Exam is Hard Enough Without a Cold

Posted by Dr. Phil Yaeger on Sep 27, 2017 2:25:24 PM

Fall is here! 'Tis the season of crunchy leaves and pumpkin spice lattes. Among the joy of a crisp breeze and apple cider comes the woes of fall allergies, the common cold, sore throats, and stuffy noses. From overly vigilant germaphobes to the typical co-worker, we can all do our part in making this fall a healthy one.

This plea is made for the CPA Student, the parents of toddlers, the already overworked teacher of those toddlers, and every person in between. Getting a cold is inevitable, but there's a lot of simple things we can do to make those times fewer and, thus, less likely to interrupt our lives. Let's take a look at the characters of cold season and how to combat or help them.

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Tags: CPA Productivity

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: Accounting News, CPA Productivity, AICPA, Insider

Three Types of Micro-Managers and How to Work for Them

Posted by Dr. Phil Yaeger on Aug 30, 2017 4:26:26 PM

One of the most frustrating things happening in workplaces around the world is when a boss micromanages the office. Not only is it frustrating, but it kills confidence and efficiency. While the perpetrator may feel like they are doing their job, they are actively limiting the ability of their employees by disrupting their workflow or worse yet in the long term, destroying their ambition. Employees who are micromanaged eventually lose their drive when their efforts are cut off by a boss who demands changes to their work before it is finished or reroutes their end goal too many times.


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Tags: CPA Productivity

Five Qualities of Mentally Strong Accountants

Posted by Dr. Phil Yaeger on Aug 23, 2017 1:19:01 PM

The new CPA Exam rolling out over the past year didn't come as a surprise, but that doesn't mean it hasn't come without adversity. The new structure better prepares new accountants for the modern professional world, but the shakeup has left CPA students to pioneer a new frontier. Being among the first wave is a difficult task. No one has been through it before to tell you what it's like or give advice. Even with the blueprints, there is a gray area of what exactly to expect with delayed results, new format, and how the breaks during the test will affect your testing flow and strategy.

While this is a game changer, the good news is some things are the same as always. You'll still take the CPA Exam for the first time; you'll feel out the test, you may pass or not, but as long as you don't give up and do continue to grind away, your goal to become a CPA can come.

But what does it take not to give up, to thrive, and to attain the coveted title of CPA? We've taken note of a few qualities of mentally strong CPA's who've made it through success and failure.

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Tags: AICPA, CPA Exam Scores, CPA Exam Tips, CPA Productivity

Great Accountants Use Workplace Confrontation to Become Leaders

Posted by Dr. Phil Yaeger on Jul 26, 2017 3:16:36 PM

From our commute to work to inevitable political conversations and personality differences to job competition - no one wants petty confrontations during their day. They bring an onset of stress, uneasiness, and downright awkward vibes after they resolve. We often think it best merely to avoid conflict, but this also leaves an undertone of dissension which makes people feel like they are walking around ticking time bombs or simply leads to a culture of gossip and immaturity.

What should you do with the inevitable reality at accounting firms and businesses that not everyone is going to get along well in everything, all the time, forever? Well, you can take the easy way out and ignore but as we said it does not create a healthy culture but rather the opposite, it creates a culture of stunted growth. But notice we said you could do this because if you don't, it's likely no one else will. This leads us to how you can take these adversities and work them in favor of your company.

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Tags: CPA Productivity

Working for a small accounting firm may be the best move for you!

Posted by Dr. Phil Yaeger on Jul 19, 2017 5:14:43 PM

When entering the accounting world the initial temptation is often to chase money and run to the Big Four or other large firms, but before you head that direction consider the benefits of working in a small or mid-sized organization.

No matter where you are trying to get a job, there are pros and cons for working with one size company or another. At a larger company, you are going to be thrown into the higher echelon of the corporate world, rack up experience, will likely specialize in one form of accounting, and your paychecks will be a little beefier right away. At a smaller company, you'll get to work closely with upper management, are more likely to gain more leadership experience, will get to explore many sides of accounting giving you a more diverse background, and will have better access to move up quickly due to the type of experience. Large firms may be better for those a better fit for those looking to advance themselves by proving their knowledge through hard work, long hours, being sharp as a tack, and plugging away at a system. Smaller firms, on the other hand, may be better for those who excel in interpersonal skills, communication, efficiency, and ability to manage a diverse workload.

Education
Either way, firms are going to be looking for the same core skills and qualifications. You'll want to have maintained a GPA of 3.0 or above, have a solid ability to work in excel, and being experienced in not only filing but also analyzing tax returns is a bonus. Another helpful thing to do is learn the basics of the software the firm is using.
Learn More about   AdaptaPASS      Personalized CPA Exam Study PlansEfficiency and Multi-Tasking
This is especially important at succeeding in smaller firms. Everyone is going to be able to put multitasking on their resume, but you need to ask yourself if it's an actual skill set you have to offer. Are you efficient and able to take on multiple projects with different tasks and goals related to each? Or are you better at producing and replicating work at a high rate? Which makes you happier? If it's able to churn out high amounts of work perfectly, look into a larger firm. If it's being able to turn on and off different types of thinking to manage multiple projects, a small firm might be ideal for you.

Are You Proactive or Do You Like Following Someone Else's Lead
Proactive people fit in great at small and mid-level firms where as someone who can understand the communication from a superior perfectly is a better fit at a larger firm. If you are given a project, and the first thing you think is how it could be done better, think mid-level firm. If you get that same project and think about how you could do it most efficiently, the larger firm is probably best for you.

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Tags: CPA Productivity