When you start preparing for the exam the first thing is having a base material
• I choose my base material as Wiley , so I am reading BEC from the book.
• First read the concept from the book and then note the areas where you need further study.
• Prepare notes of important points and make flashcards at the same time.
• Don't skip any points from the base material.
• Understand the differences and revise the points from the notes and check your flashcards.
• If you don't understand any point note that point on a separate paper and clear your doubt.
• Plan ahead the timing for his study and how and when you're going to complete the modules and your research and revision.
• Revising whatever you read is very important. Plan your revisions as well.
• Taken note of the time you invested while studying some particular portion of the work. This will give you an idea how much time it will take to complete your study.
• If you prepare notes and flashcards you can revise in any spare time.
• If you don't understand any particular topic please note it and make detailed study about it.
the topics covered in business structure
Studying about business structure gave me idea about
1. the nature of our sole proprietor ships
2. general partnerships, limited partnerships, limited liability partnerships
3. differences between sole proprietorship and partnership, general partnership and limited partnership, limited liability partnership
4. how these business structures are formed, the rights of partners they relationship to third parties, how this partnership is terminated,
5. Corporations, limited liability companies.
6. Types of corporations, formation of corporations and their corporate financial structure, and powers and liabilities of corporation, the duties and boss of directors and officers of corporations
7. stockholders rights and liability and changes in corporate structures
Will discuss in detail about each and every topic I read
This is basically to create an understanding about what I read and to prepare notes and simultaneously prepare flash cards. They will assist me, in my revisions and as a quick reference.
1. the nature of our sole proprietor ships
2. general partnerships, limited partnerships, limited liability partnerships
3. differences between sole proprietorship and partnership, general partnership and limited partnership, limited liability partnership
4. how these business structures are formed, the rights of partners they relationship to third parties, how this partnership is terminated,
5. Corporations, limited liability companies.
6. Types of corporations, formation of corporations and their corporate financial structure, and powers and liabilities of corporation, the duties and boss of directors and officers of corporations
7. stockholders rights and liability and changes in corporate structures
Will discuss in detail about each and every topic I read
This is basically to create an understanding about what I read and to prepare notes and simultaneously prepare flash cards. They will assist me, in my revisions and as a quick reference.
Wiley CPA exam review 2009 - BEC
I received my Wiley CPA Exam Review 2009: Business Environment and Concepts yesterday
The points I noted in this book are
1. This book is designed keeping in view the content required for a computerized exam.
2. It begins with how you should start your preparation to the CPA exam, the nature of the exam, their approach, and the detailed analysis of the examination with respect to the preparation.
3. After going through the first five chapters which were very essential to understand and a more about the exam at the contents of the exam, I started reading the very first module about business structure.
4. Every concept is touched in brief not widely covered but according to them it was enough for answering the multiple choice questions but they don't give any guarantees.
5. They recommend understanding and figuring out the points where we need to do a more detailed study, but they advise us to first complete the module in the book.
6. The surprising thing about to the book is it is lean and don't scare's in first place.
7. More about the book and my preparation in my next blog.
The points I noted in this book are
1. This book is designed keeping in view the content required for a computerized exam.
2. It begins with how you should start your preparation to the CPA exam, the nature of the exam, their approach, and the detailed analysis of the examination with respect to the preparation.
3. After going through the first five chapters which were very essential to understand and a more about the exam at the contents of the exam, I started reading the very first module about business structure.
4. Every concept is touched in brief not widely covered but according to them it was enough for answering the multiple choice questions but they don't give any guarantees.
5. They recommend understanding and figuring out the points where we need to do a more detailed study, but they advise us to first complete the module in the book.
6. The surprising thing about to the book is it is lean and don't scare's in first place.
7. More about the book and my preparation in my next blog.
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