CPA Review Notes 2019 - BEC (Business Environment Concepts)
4/5
()
About this ebook
My approach to all CPA exams was to re-write these notes 6-7 times (there are 8 sections).
Although it may seems to be an old-school approach, it's working great because you are able to retain more information by re-writing it, than by reading or listening.
If you take the exam in 6 weeks, these notes will be a great addition to your MCQs, they contain exactly what you are supposed to know in order to pass the CPA exam. I can't emphasize enough - you will need to go through them 6-7 times, that means 7 times x 8 chapters = 56 chapters, which means approximately 10 chapters / week.
I have memorized 90% of these notes just by re-writing them 6 times. Sure, it seems to be time consuming, but it's totally working!
Cristina Agopian, CPA
Cristina Agopian has an extensive professional experience in the field of accounting, She holds a CPA license with the state of CA. Cristina has earned her accounting credentials from California State East Bay before taking the CPA examination.
Read more from Cristina Agopian, Cpa
CPA Review Notes: FAR 2022 Rating: 3 out of 5 stars3/5CPA Review Notes: Audit 2022 Rating: 5 out of 5 stars5/5CPA Review Notes 2019 - FAR (Financial Accounting and Reporting) Rating: 4 out of 5 stars4/5CPA Review Notes: BEC 2022 Rating: 3 out of 5 stars3/5CPA Review Notes 2019 - Audit (AUD) Rating: 4 out of 5 stars4/5
Related to CPA Review Notes 2019 - BEC (Business Environment Concepts)
Related ebooks
Intermediate Accounting I Essentials Rating: 4 out of 5 stars4/5Intermediate Accounting 1: a QuickStudy Digital Reference Guide Rating: 0 out of 5 stars0 ratingsWiley CMAexcel Learning System Exam Review 2017: Part 2, Financial Decision Making (1-year access) Rating: 0 out of 5 stars0 ratingsWiley CMAexcel Learning System Exam Review 2017: Part 1, Financial Reporting, Planning, Performance, and Control (1-year access) Rating: 0 out of 5 stars0 ratingsFinancial Accounting and Reporting Study Guide Notes Rating: 1 out of 5 stars1/5Crash Course Income Statement Rating: 0 out of 5 stars0 ratingsBasics of Accountancy Rating: 5 out of 5 stars5/5What is Financial Accounting and Bookkeeping Rating: 4 out of 5 stars4/5Accounting and Finance Formulas: A Simple Introduction Rating: 4 out of 5 stars4/5Cost & Managerial Accounting II Essentials Rating: 4 out of 5 stars4/5Intermediate Accounting 2: a QuickStudy Digital Reference Guide Rating: 0 out of 5 stars0 ratingsThe Controller's Function: The Work of the Managerial Accountant Rating: 2 out of 5 stars2/5Accounting Fundamentals Rating: 4 out of 5 stars4/5Financial Analysis: A Controller's Guide Rating: 0 out of 5 stars0 ratingsThe Essential Accounting Dictionary Rating: 0 out of 5 stars0 ratingsFinancial Accounting - Want to Become Financial Accountant in 30 Days? Rating: 4 out of 5 stars4/5Cost & Managerial Accounting I Essentials Rating: 4 out of 5 stars4/5Accounting 1 Rating: 0 out of 5 stars0 ratingsBasic Accounting for Newbie: volume 1 Rating: 0 out of 5 stars0 ratingsAccounting Terminology Rating: 0 out of 5 stars0 ratingsStart, Study and Pass The CPA Exam FAST - Proven 8 Step CPA Exam Study Playbook Rating: 5 out of 5 stars5/5Official 2017 CPA Review Course Buyers Guide Rating: 0 out of 5 stars0 ratingsQuickBooks for Accounting Professionals Rating: 0 out of 5 stars0 ratingsBasic Accounting Concepts: A Beginner's Guide to Understanding Accounting Rating: 0 out of 5 stars0 ratings101 FAQs About Becoming an Accountant Rating: 5 out of 5 stars5/5The Accounting Certification Juggernaut Rating: 0 out of 5 stars0 ratingsFull Charge Bookkeeping, For the Beginner, Intermediate & Advanced Bookkeeper Rating: 5 out of 5 stars5/5Exam Prep for:: Intermediate Accounting- WK PPRS Rating: 0 out of 5 stars0 ratingsThe Vest Pocket Guide to GAAP Rating: 0 out of 5 stars0 ratings
Professional & Vocational Exams For You
2023/2024 ASVAB For Dummies (+ 7 Practice Tests, Flashcards, & Videos Online) Rating: 5 out of 5 stars5/5Medical Terminology Rating: 5 out of 5 stars5/5Paralegal Career For Dummies Rating: 5 out of 5 stars5/5ASVAB Prep Plus 2024-2025: 6 Practice Tests + Proven Strategies + Online + Video Rating: 0 out of 5 stars0 ratingsCriminal Law Rating: 0 out of 5 stars0 ratingsThe Official Highway Code: DVSA Safe Driving for Life Series Rating: 4 out of 5 stars4/5EMT (Emergency Medical Technician) Crash Course Book + Online Rating: 5 out of 5 stars5/5Praxis Core 2023-2024 For Dummies Rating: 0 out of 5 stars0 ratingsCivil Procedure, Law Essentials: Governing Law for Law School and Bar Exam Prep Rating: 0 out of 5 stars0 ratingsHow to Write Bar Exam Essays: Strategies and Tactics to Help You Pass the Bar Exam: Pass the Bar Exam, #2 Rating: 3 out of 5 stars3/5Legal Research: a QuickStudy Laminated Law Reference Rating: 0 out of 5 stars0 ratingsFamily Law, Governing Law: Law Essentials for Law School and Bar Exam Prep Rating: 0 out of 5 stars0 ratingsFAA §107 Uag Remote Pilot Study Guide Rating: 0 out of 5 stars0 ratingsMedical Assistant Exam Prep: Your All-in-One Guide to the CMA & RMA Exams Rating: 5 out of 5 stars5/5Medical Terminology:The Basics: a QuickStudy Laminated Reference Guide Rating: 0 out of 5 stars0 ratingsThe Complete DLAB Study Guide Rating: 5 out of 5 stars5/5Family Nurse Practitioner Certification Exam Premium: 4 Practice Tests + Comprehensive Review + Online Practice Rating: 0 out of 5 stars0 ratingsSatan's Advice to Young Lawyers: Satan's Guides to Life, #1 Rating: 4 out of 5 stars4/5Master the EMT-Basic Certification Exam Rating: 0 out of 5 stars0 ratingsContracts Mnemonics and Definitions: Mnemonics, #2 Rating: 0 out of 5 stars0 ratingsASVAB For Dummies Rating: 4 out of 5 stars4/5NCE Exam Prep 2019-2020: A Study Guide with 300+ Test Questions and Answers for the National Counselor Exam Rating: 5 out of 5 stars5/5Torts, Law Essentials: Governing Law for Law School and Bar Exam Prep Rating: 0 out of 5 stars0 ratings
Reviews for CPA Review Notes 2019 - BEC (Business Environment Concepts)
9 ratings0 reviews
Book preview
CPA Review Notes 2019 - BEC (Business Environment Concepts) - Cristina Agopian, CPA
CPA Review Notes
BEC 2019
By Cristina Agopian, CPA
Published by Cristina Agopian, at Smashwords
Copyright 2019 Cristina Agopian
Content
SECTION 1
SECTION 2
SECTION 3
SECTION 4
SECTION 5
SECTION 6
SECTION 7
SECTION 8
About the author
Other books by this author
SECTION 1
1: Corporate Governance
eight components of COSO's enterprise risk management framework
Internal environment
Objective setting
Event identification
Risk assessment
Risk response. Management can choose to avoid, reduce, share, or accept risks.
Control activities
Information and communication
Monitoring
RIO CRIME for Enterprise Risk Management
Risk Assessment
Internal Environment
Objective Setting
Control Activities
Risk Response
Information and Communication
Monitoring
Event Identification
Internal environ - composed of PHRASED C
philosophy
human resources standards
risk appetite
authority and responsibility
structure organizational
ethical values and integrity
directors board of
commitment to competence
five components of internal control
1. Control Environment
2. Risk Assessment
3. Control Activities
4. Information and Communication
5. Monitoring Activities
CRIME
Control activities
risk assessment
Information and communication
monitoring
environment control
audit committee - established by and from board of dir of an issuer for the purpose of overseeing the acct and fin rep processes
issuers are req to have an audit committee made up of indep outside director with at least one fin expert (with education, experience and understanding of GAAP and F/S)