ILikeAccounting

CPA Exercises

FAR AUD REG BAR ISC MISC

Accounts

Bad Debt

Bonds

Cash and Cash Flow

⚪ Annuities
⚪ Bank Reconciliation
⚪ Cash and Cash Equivalents
⚪ Cash Flow From Operating Activities: Indirect Method
⚪ Time Value of Money

Depreciation

Foreign Currency Exchange

⚪ Exchange Rates
⚪ Foreign Currency Gain or Loss

Goodwill

Inventory

⚪ Cost of Goods Sold
⚪ FIFO Inventory
⚪ FIFO or LIFO?
⚪ Free on Board
⚪ LIFO Inventory
⚪ Lower of Cost or Market
⚪ Lower of Cost or Market vs Net Realizable Value
⚪ Lower of Cost or Net Realizable Value

Leases

Shares

⚪ Common Stock Classifications

Valuation

Misc

Adjusting Journal Entries

Audit Reports

Misc

Basis

Business Law

⚪ Agent Duties
⚪ Bankruptcy Chapters
⚪ Circular 230
⚪ Creditor Priority in Bankruptcy
⚪ Employee or Contractor
⚪ Fraud, Constructive Fraud, and Negligence
⚪ Liability for Debts
⚪ Mergers, Acquisitions, & Consolidations
⚪ Securities Acts of 1933 and 1934

Contracts

Tax

⚪ Above the Line vs Below the Line
⚪ Deductible vs Non-Deductible Business Expenses
⚪ Deferred Tax Assets and Liabilities
⚪ MACRS
⚪ Net Operating Loss
⚪ Tax Filing Status
⚪ Tax Shields
⚪ Types of Business Entities

UCC

⚪ UCC Warranties

Government Accounting

⚪ Governmental Funds

Managerial Accounting

Databases and SQL

⚪ Basic SQL

Frameworks

⚪ COSO Internal Control Framework

Not on the CPA Exam