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CPA exam tomorrow

That should be a very exciting career that will take you to exotic lands.

My bad ... I was thinking CIA :)
 
good lucky Buddy, I switched to Finance from Accounting purely because I didn't want to pursue a CPA. K be with you.
 
RachelEFC said:
good lucky Buddy, I switched to Finance from Accounting purely because I didn't want to pursue a CPA. K be with you.

I switched from finance to accounting because im a masochist who wants a economically viable and recession proof career.
 
RachelEFC said:
good lucky Buddy, I switched to Finance from Accounting purely because I didn't want to pursue a CPA. K be with you.

Same here. A long time ago cost accounting kicked my ass - I said no mas and switched majors.

Good luck on the CPA exam!
 
Wasnt as hard as i expected but at 4.5 hours still taxing.......so to speak.

wont know pass/fail until couple weeks.

Does anyone happen to know how a material fixed asset purchase can be fraudulently misappropriated by charging the purchase to expenses instead of asset account??? that shit tripped me up.
 
superdave said:
Wasnt as hard as i expected but at 4.5 hours still taxing.......so to speak.

wont know pass/fail until couple weeks.

Does anyone happen to know how a material fixed asset purchase can be fraudulently misappropriated by charging the purchase to expenses instead of asset account??? that shit tripped me up.

because it's no longer a liability, it's an asset
 
RachelEFC said:
because it's no longer a liability, it's an asset

yea but how is it misappropriated, its a fixed asset its not like someone can drive off with it. and it still shows up on the books but its an expense.
 
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