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Topic: Employee Benefit/Governmental Accounting (

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noveenbhandari
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Joined: 23 Jun 2007
Location: United States
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Posted: 15 Jan 2009 at 03:07 \| IP Logged

Hi... All,

I will be shortly appearing for the CPA Exam is badly tied up with Employee Benefit(Pension Accounting) and Governmental Accounting...

I have gone many time through the chapters but the concepts are not clicking me..... Every time I see a MCQ on the same, I am totally blank for the answer... I dont know how to crack the answer and more over I am confused as the concepts are not clear to me... Can any one help me.. out ....

I will be appearing for the exam with in 4 days... Please if possible help me out... my mail id is noveenbhandari@yahoo.com

Regards,
Noveen

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vardan
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Joined: 05 Apr 2008
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Posted: 16 Jan 2009 at 14:42 \| IP Logged

If I were you, I would not worry about Pensions too much at this point.

Governmental on the other hand is an important topic. Which review course do you use?

noveenbhandari
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Posted: 16 Jan 2009 at 20:07 \| IP Logged

vardan wrote:

If I were you, I would not worry about Pensions too much at this point.

Governmental on the other hand is an important topic. Which review course do you use?

Gleim......

Rgds,

vardan
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Posted: 16 Jan 2009 at 22:56 \| IP Logged

I suggest reading the explanations of the mutliple choice questions. Biggest thing with Governmental is to understand that Government fund accounts use modified accrual, and Proprietary and Fiduciary funds use full accrual. Govrnment-wide financials also use full accrual.

Just keep doing those questions you will be fine.

Holly
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Joined: 10 Jan 2008
Location: United States
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Posts: 245

Posted: 21 Jan 2009 at 12:27 \| IP Logged

vardan wrote:

If I were you, I would not worry about Pensions too much at this point.

Governmental on the other hand is an important topic. Which review course do you use?

oh, how I wish it wasn't

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