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  • In CPA

    March 26,2016

    Understanding Variances in Accounting

    A variance is defined as the difference between budgeted and actual amounts in an account balance. Keep in mind, however, that the CPA exam uses the t...

  • In CPA

    March 26,2016

    10 Important Formulas on the CPA Exam

    Here are some important formulas that often appear on the CPA exam. Understanding these formulas will help you boost your test score. These formulas a...

  • In CPA

    March 26,2016

    Use Buckets to Understand Tax Concepts

    The regulation (REG) test on the CPA exam requires a student to learn dozens of tax rules. One way to clarify these tax rules is to use a bucket as a...

  • In CPA

    March 26,2016

    Accruals in Accounting

    One frequently tested topic on the CPA exam is accrual basis accounting. Companies that need to comply with GAAP (generally accepted accounting princi...