Posts by HOCK international

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CMA Part 1 Textbook and Questions Update July 2018 – for 2019 CMA Exams

The CMA Part 1 Textbook, Questions, and Flash Cards have been updated with all of the current accounting standards that will be tested on the CMA exams beginning in January 2019, including the new revenue recognition standard. A detailed list of changes is not available because the changes, particularly where revenue recognition is concerned, were extensive throughout all of Section A. There are no significant changes to the syllabus, accounting standards, or textbook in Sections B through E. Current students can access the updated materials in My Studies.

Updated videos for changed topics in Section A are coming soon and will be posted in My Studies as they are recorded.

Note: The newer accounting standards covered in the July 2018 update will not be tested until the January/February 2019 testing window. Candidates studying for the September/October 2018 exams should continue to use the previous version of the materials, which are all still available in My Studies through October.

You can also learn more about the HOCK CMA Textbooks and other exam prep materials if you are not already a HOCK student.

CMA Fundamentals Volume 2 Textbook Update July 2018

The CMA Fundamentals Volume 2 Textbook has been updated with all of the current accounting standards that will be tested on the CMA exams beginning in January 2019, including the new revenue recognition standard. A detailed list of changes is not available because the changes, particularly where revenue recognition is concerned, were extensive throughout the entire volume.

Note: The newer accounting standards covered in the July 2018 update will not be tested until the January/February 2019 testing window. Candidates studying for the September/October 2018 exams should continue to use the February 2017 version, which is still available to download in My Studies.

You can learn more about the CMA Fundamentals e-Book here, and the updated textbook file is available to download for current students in My Studies.

Payment Plans Available for Study Materials $299+

Are you ready to start studying for the CMA, CPA, or CIA exams, but need a little more time to pay for your materials? HOCK is here to help with payment plans available on study materials of $299 or more. While our competitor’s plans are available only to US residents and require a credit check, our payment plan does not require a credit check and is available to students around the world.

With the HOCK payment plan, you can choose an initial payment of 20%-50% of the purchase price and then pay the balance over 2-4 months. Look for the See Payment Estimator link on any of our materials priced at $299 or higher to see your payment plan options.

Click to Shop CMA, Shop CPA, or Shop CIA. If you have any questions about the payment plan or any of our materials, do not hesitate to Contact Us and we will be happy to help.

CPA Audit Textbook and Videos Update June 2018

The CPA Audit Textbook and Videos have been updated with changes related to the latest accounting standards. The significant changes are listed below and the new content is available for current students in My Studies.

Candidates should review the changed material in the updated textbook and/or videos. If you have any questions about these changes, please contact us and we will be glad to assist you.

You can also learn more about the HOCK CPA and other exam prep materials if you are not already a HOCK student.

Area II

  • Expanded discussion of Audit Risk at the beginning of Area II.

Area III

  • Added new guidance for the Going Concern Assessment.

Area IV

  • Added discussion of the new PCAOB AS 3101 Standard on Audit Opinions.
  • Added discussion of the new standard on audit involvement with exempt offering documents.

HOCK offices closed Monday, May 28th, 2018

The HOCK offices will be closed on Monday, May 28th, 2018 in observance of Memorial Day. We wish everyone a safe and happy holiday! Limited email support will be available over the holiday weekend, but please allow extra time for a response.

Our online store remains open 24/7, and you can still save 20% on HOCK CMA, CIA, and CPA materials through May 31st!

CPA FAR Videos Update May 2018

The CPA FAR Videos have been updated to reflect the recent changes in the textbook related to the latest guidance for ASC 606 (Revenue Recognition). The significant changes are listed below and the new videos are available for current students to watch in My Studies.

Candidates should review the changed material in the updated videos. If you have any questions about these changes, please contact us and we will be glad to assist you.

You can also learn more about the HOCK CPA and other exam prep materials if you are not already a HOCK student.

All Changes Are In Area II

Group C: Inventory

  • Permanent Decline in Value replaced Lower of Cost or Market

Group E: Investments

  • All of the Videos in Investments have been replaced.

Group G: Payables and Accrued Liabilities

The following three videos replaced Estimated Liabilities:

  • Estimated Liabilities – Compensated Absences
  • Estimated Liabilities – Warranties
  • Estimated Liabilities – Coupons and Premiums

Group J: Revenue Recognition

  • All of the Videos in Revenue Recognition have been replaced to conform to the changes in ASC 606.
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