FY13CE Accounting study plan

Map the Financial Accounting and Reporting blueprint into a one-page topic checklist weighted by exam percentage

Record adjusting and correcting journal entries for accruals, deferrals, and error corrections without notes

Compute depreciation under straight-line, double-declining, and units-of-production and reconcile the differences

Build a personal error log template that captures topic, error type, and corrective rule

Prepare a full statement of cash flows using both indirect and direct methods from the same trial balance data

Calculate basic and diluted EPS including convertible bonds and options using the treasury stock method

Apply revenue recognition steps to multi-element contracts and record contract asset and liability balances

Explain the treatment differences among inventory cost-flow methods and lower-of-cost-or-market write-downs

Journalize leases, bonds, and deferred tax items and classify each as current or noncurrent

Compute equivalent units and assign costs under weighted-average and FIFO process costing

Allocate joint costs using physical-units, sales-value, and net realizable value methods

Distinguish product costs from period costs in a manufacturing scenario and compute cost of goods manufactured

Prepare a master budget cascade from sales forecast through cash budget and pro forma statements

Calculate and interpret direct materials, direct labor, and overhead variances including the fixed overhead volume variance

Apply contribution margin, break-even, target profit, and operating leverage formulas to decision scenarios

Evaluate a special-order and make-or-buy decision using relevant costing and identify sunk costs

Sequence the audit opinion types and draft the appropriate report modification for five fact patterns

Classify assertions by transaction, account balance, and disclosure and match procedures to each

Compute sample sizes and evaluate results for attribute sampling and monetary unit sampling

Document the auditor's responsibilities for fraud risk, going concern, and subsequent events

Compute individual tax liability including capital gains, deductions, and credits for two fact patterns

Determine entity-level tax treatment differences among C corporations, S corporations, and partnerships

Apply the elements of contract formation, breach, and remedies to business scenarios

Identify ethical threats under the AICPA Code and select the appropriate safeguard for each

Trace a transaction through the revenue, expenditure, and payroll cycles and identify the control that mitigates each risk

Distinguish preventive, detective, and corrective controls and classify ten given controls

Explain how IT general controls differ from application controls and give an example of each

Describe the effect of data analytics, cloud systems, and automated controls on audit evidence

Complete two timed 60-question mixed practice exams under exam conditions

Re-sort the error log by domain and rewrite the top 15 missed concepts in your own words

Recompute every formula on a one-page formula sheet until each is reproduced from memory

Schedule the exam date and lock in a final-week review routine