Shumz CPA
Shumz CPA
  • 41
  • 148 203
Channel and Life Update
I know it has been a while since I posted a video, THANK YOU ALL WHO HAVE SUPPORTED ME!!
This video explains where I have been in the last 1.5 years! It will give you an update on where I believe this channel will be heading.
Overview:
0:00 - Intro
0:55 - Recap of channel
1:49 - House Hunting
3:20 - Teaching
4:10 - Why I stopped making videos
5:00 - Vacation Plans
6:50 - New Job
7:30 - Married
8:10 - Changed Churches
8:50 - Home purchase + Renovations
9:38 - Future of this channel
#shumzcpa #accounting #personalfinance #audit #cpa #cpareviewcourse
Переглядів: 183

Відео

2 Hours Instrumental Piano Music - Peaceful Study and Work Music
Переглядів 86Місяць тому
Peaceful panio instrumental music while you study, relax, and focus. This helps me concentrate throughout the day, hope it helps you too! #studymusic #musicforstudying #guitarmusic #instrumental #guitar #Christian #ChristianInstrumental
Relaxing study and work music - 90 minutes
Переглядів 238Місяць тому
Peaceful guitar/panio instrumental music while you study, relax, and focus. This helps me concentrate throughout the day, hope it helps you too! #studymusic #musicforstudying #guitarmusic #instrumental #guitar #christian #christianmusic
The MOST Tested IFRS Topic On CPA Canada Exams - 100% - IFRS 15 Revenue Recognition
Переглядів 3,3 тис.Рік тому
IFRS 15 Revenue Recognition - This video goes over the most tested CPA Canada topic in IFRS, which is revenue recognition. This concept is tested at every module and especially on the Common Final Exam (CFE). In addition to just the basic concept of revenue recognition, I also go over an advanced topic of gross vs net revenue recognition. This video will help anyone in the CPA Canada program (C...
Should I Quit my job? Advice from CPA Career Coach
Переглядів 937Рік тому
This video would be great for anyone who is in the CPA Canada program or has already gotten their CPA Canada designation. In this video, I interview a professional CPA Canada Career Coach, Casey Chung. This is going to be a three-part series where I ask Casey about various CPA Canada topics. Today we are going to talk about CPAs wanting to leave their job or what other options do they have? Cha...
What Is The Best CPA Career Path?
Переглядів 5 тис.Рік тому
This video would be great for anyone who is in the CPA Canada program or has already gotten their CPA Canada designation. In this video, I interview a professional CPA Canada Career Coach, Casey Chung. This is going to be a three-part series where I ask Casey about various CPA Canada topics. Today we are going to talk about what is the best CPA career paths for newly designated CPAs or for CPA ...
Best CPA Canada PERT Advice From Professional CPA Career Coach!
Переглядів 1,6 тис.Рік тому
In this video, I interview a professional CPA Canada Career Coach, Casey Chung. This is going to be a three-part series where I ask Casey about various CPA Canada topics. Today we are going to talk about the PERT process and tips he has for candidates completing it. CPA Competency map for PERT: www.cpacanada.ca/-/media/site/become-a-cpa/docs/practical-experience/3-employers-cpa-pe-competency-re...
The MOST Tested ASPE Topic On CPA Canada Exams - 100% - ASPE 3400 Revenue Recognition
Переглядів 4,4 тис.Рік тому
ASPE 3400 Revenue Recognition - This video goes over the most tested CPA Canada topic in ASPE, which is revenue recognition. This concept is tested at every module and especially on the Common Final Exam (CFE). In addition to just the basic concept of revenue recognition, I also go over an advanced topic of gross vs net revenue recognition. This video will help anyone in the CPA Canada program ...
Audit Opinions Simplified In 3 Minutes - CPA Canada Prep
Переглядів 976Рік тому
This video will help anyone who wants to learn about audit opinions. This video is recommended for anyone who is studying for their CPA Canada exams (Core 1, Assurance, and CFE). In addition, it can help those who are looking into pursuing their CPA Canada designation that are not currently in the program or want to pursue a career in assurance. Videos come out every week, so please subscribe i...
How To Get C’s On Audit Planning Memo Every Time! - CPA Canada
Переглядів 4 тис.Рік тому
This video will help anyone who wants to learn about the Audit planning memo. In addition, it can also be applied to doing a review planning memo as well. This video is recommended for anyone who is studying for their CPA Canada exams (Core 1, Assurance, and CFE). In addition, it can help those who are looking into pursuing their CPA Canada designation that are not currently in the program or w...
My CPA Canada Exam Topic Prediction!
Переглядів 3,5 тис.Рік тому
This video goes over what I predict as a highly testable CPA Canada topic on their September 2024 CFE or module exams. As the government of Canada has been providing small businesses with many loans, I would imagine that CPA Canada would like their accountants to know how to account for them correctly. This video will be useful for anyone who is studying accounting and especially useful for tho...
Related Party Transactions Simplified (with examples!) + Case Writing Tips (ASPE 3840 and IAS 24)
Переглядів 4,3 тис.2 роки тому
This video is for anyone who would like to learn about related party transactions for ASPE and IFRS. This video goes over how ASPE 3840 and IAS 24 goes through related party transactions. If you are going through the CPA Canada process, this is the video for you, especially if you are in Core 1, Core 2, or studying for the CFE. Hopefully this video helps CPA Canada Candidates on their journey t...
Choosing CPA Canada Elective Modules and CFE Depth Topic? [Tips + Recommendation]
Переглядів 3,3 тис.2 роки тому
This video will help people going through the CPA Canada program and thinking about which elective modules or depth areas for the Common Final Exam (CFE) to select. Hopefully this video helps CPA Canada Candidates on their journey to becoming a CPA. CPA Canada Facebook Study Group: groups/cpacanadastudygroup/ CPA Canada WhatsApp Study Groups: excelcfe.thinkific.com/pages/cpa-canada...
CPA Canada Module Survival Guide - Explaining How/What To Study!
Переглядів 2,3 тис.2 роки тому
This provides an overview of the CPA Canada Modules (Core 1, Core 2, Assurance, Tax, Finance, and Performance Management. In addition, it talks about the most common questions of how to study for CPA Canada Exams and What topics to study for. This video will be good for anyone who is thinking about the CPA Canada Process or is currently in the process. CPA Module Blueprint: www.cpacanada.ca/en/...
CPA Canada Study Groups [2022] - WhatsApp and Facebook
Переглядів 6292 роки тому
CPA Canada WhatsApp and Facebook Study Groups CPA Canada Discord Study Group: discord.gg/fWqCAcs7x3 CPA Canada PEP WhatsApp Study Group - excelcfe.thinkific.com/pages/cpa-canada-whatsapp-study-groups CPA Canada PREP WhatsApp Study Group -excelcfe.thinkific.com/pages/cpa-canada-prep-whatsapp-study-groups CPA Canada PEP and Prep Facebook Study Group - groups/cpacanadastudygroup/ Visi...
Debriefing CPA Canada Cases Correctly + Examples
Переглядів 2,4 тис.2 роки тому
Debriefing CPA Canada Cases Correctly Examples
Best 2 Hours Study Music 2022
Переглядів 6262 роки тому
Best 2 Hours Study Music 2022
Accounting For Investments In Companies (Passive Investment, Significant Influence, and Control)
Переглядів 2,6 тис.2 роки тому
Accounting For Investments In Companies (Passive Investment, Significant Influence, and Control)
Study Music 2 Hours - Instrumental
Переглядів 4832 роки тому
Study Music 2 Hours - Instrumental
Top 5 CPA Canada MCQ Exam Tips + Secret Statistical Techniques
Переглядів 3,9 тис.2 роки тому
Top 5 CPA Canada MCQ Exam Tips Secret Statistical Techniques
How to Start Investing In Canada 2022 (TFSA, RRSP, and Non-Registered Accounts Explained)
Переглядів 1,6 тис.2 роки тому
How to Start Investing In Canada 2022 (TFSA, RRSP, and Non-Registered Accounts Explained)
Understanding CCA, UCC, Recapture, and Terminal Loss for Tax
Переглядів 12 тис.2 роки тому
Understanding CCA, UCC, Recapture, and Terminal Loss for Tax
Solving Profitability Analysis - Most Common Day 3 CFE Managerial Accounting Topic
Переглядів 3,2 тис.2 роки тому
Solving Profitability Analysis - Most Common Day 3 CFE Managerial Accounting Topic
How to PASS the CFE Exam for CPA Canada? [2022] Day 3 Managerial Accounting
Переглядів 3,3 тис.2 роки тому
How to PASS the CFE Exam for CPA Canada? [2022] Day 3 Managerial Accounting
3 Hours Study, Relax, and Focus Guitar Music
Переглядів 5752 роки тому
3 Hours Study, Relax, and Focus Guitar Music
Solving Personal and Corporate Taxes Payable - Most Common Day 3 CFE Tax Topics
Переглядів 6 тис.2 роки тому
Solving Personal and Corporate Taxes Payable - Most Common Day 3 CFE Tax Topics
2 Hours Study, Relax, and Focus Piano Music
Переглядів 8002 роки тому
2 Hours Study, Relax, and Focus Piano Music
Solving The Most Common CFE Day 3 Finance Topics - Buy vs Lease and Cash Flow Analysis
Переглядів 3,7 тис.2 роки тому
Solving The Most Common CFE Day 3 Finance Topics - Buy vs Lease and Cash Flow Analysis
How to PASS the CFE Exam for CPA Canada? [2022] Day 3 Finance
Переглядів 3,1 тис.2 роки тому
How to PASS the CFE Exam for CPA Canada? [2022] Day 3 Finance
5 Easy Tips To Write CPA Canada Cases On Time and PASS
Переглядів 4,1 тис.2 роки тому
5 Easy Tips To Write CPA Canada Cases On Time and PASS

КОМЕНТАРІ

  • @liangma649
    @liangma649 4 хвилини тому

    Your explanation is super clear, thank you!

  • @simrankaurbains2319
    @simrankaurbains2319 11 днів тому

    Can I do CPA without any undergraduate degree or without work experience. Would I be eligible to apply for cpa pep courses. Thank you

  • @b2mak2
    @b2mak2 23 дні тому

    NOODS!!!

  • @jamjam3
    @jamjam3 23 дні тому

    Hello

  • @jasonsecretkhorsecret8515
    @jasonsecretkhorsecret8515 24 дні тому

    FIRST YOUR FACE LOOKS SO NICE

    • @ShumzCPA
      @ShumzCPA 23 дні тому

      Thanks for the compliment 😅

  • @jasonsecretkhorsecret8515
    @jasonsecretkhorsecret8515 Місяць тому

    first :>>

  • @schrodingerscat6788
    @schrodingerscat6788 Місяць тому

    This is so calming, thanks!

  • @jasonsecretkhorsecret8515
    @jasonsecretkhorsecret8515 Місяць тому

    First!

  • @AemanFatima-m8s
    @AemanFatima-m8s Місяць тому

    I have one doubt about whether which option would be better 1. Doing cpa directly with cpa Ontario or 2. Doing some accredited courses

  • @inkling00
    @inkling00 2 місяці тому

    Thank you this was helpful! I have 4 years of accounting experience and have no degree. My past job and current job I am going through the same problem of monotony and lack of collaboration. I've been frustrated working on the job and doing the work, but not knowing the why. I am considering going back to school for a BA. What helped you guys give clarity to pursue accounting in the first place?

  • @TheMinesweeps
    @TheMinesweeps 2 місяці тому

    I’ve recently received my CPA and have 2 busy seasons under my belt as an auditor for a Big 4 company. While I have learned a lot and had good team members, I didn’t feel fulfilled. I reflected on this and want to pursue a career where I am able to help others with their personal finance because I would have the knowledge to do so and love to help people save and invest. I talk about personal finance daily with friends, family, and colleagues. Any thoughts on this career shift and if I can still leverage my CPA license and experience in this career? Thanks for the quality video

  • @bhumikamakkar4674
    @bhumikamakkar4674 2 місяці тому

    pls guide from where i can find summaries of tax?

  • @jiadatang3502
    @jiadatang3502 3 місяці тому

    Thank you so much! This is an excellent instruction on audit memos. So helpful and easy to use. I'm sad your CPA tutoring website is not running anymore. Otherwise, I'd like to take CFE preparation courses.

  • @VLOGSBYIPICA
    @VLOGSBYIPICA 3 місяці тому

    Very informative

  • @shiulibawa5617
    @shiulibawa5617 4 місяці тому

    QUESTION: What is UCC for my vehicle if I bought it just last year? How do I calculate it for the 1st year?

  • @rajpadhiyar7202
    @rajpadhiyar7202 4 місяці тому

    Great stuff, keep up the good work.

  • @rajpadhiyar7202
    @rajpadhiyar7202 4 місяці тому

    This is very useful video. Thank you so much

  • @nickname384
    @nickname384 4 місяці тому

    great video!

  • @meliketasdelen123
    @meliketasdelen123 4 місяці тому

    In the last example, the buyer should record the transaction at Exchange amount - like you said. The Building should have been debited $500,000(not $200,00) Cash should have been credited $200,000 and the difference of $300,000 should go to P/L as Gain?

  • @user-xu8yf1sj7i
    @user-xu8yf1sj7i 5 місяців тому

    Wonderful video for first-time writers, you are awesome!!

  • @user-sg5ve9mh8b
    @user-sg5ve9mh8b 5 місяців тому

    Question please; I’m confused about the modules, are these modules similar to different subjects/courses that I need to study and will write an exam for each course individually?

  • @niceboy6088
    @niceboy6088 5 місяців тому

    Anybody attempting core 1 in July 2024 and want to study partner

  • @quanzhuzai123
    @quanzhuzai123 6 місяців тому

    Defer tax 😢

  • @paras470
    @paras470 6 місяців тому

    Sir i have a question as you wrote that tw will deduct cogs but it is a selling expenses and only direct expenses(which are used in production) are termed as cogs... please let me know if i am correct?

  • @RamiSobhani
    @RamiSobhani 7 місяців тому

    wow this is really confusing

  • @nairsonali89
    @nairsonali89 7 місяців тому

    Your videos are helpful - Could you please add a template that covers all the expenses deductible and the extent to which its deductible for Corporate taxes. Similarly for Personal taxes all the possible allowable tax credits

  • @shivrajgill1683
    @shivrajgill1683 8 місяців тому

    im enrolled in 4 years bcom majour accounting degree at Humber college , longo school of business, this degree counts right to be eligible for the cpa pep ???

  • @Lets_color_with_pari
    @Lets_color_with_pari 9 місяців тому

    Is it okay not to go for the CPA, and go for a master in accounting instead?

    • @ClaraSantiago-hl2jg
      @ClaraSantiago-hl2jg 15 днів тому

      Obviously CPA exam has been a pain in my but that won't bother me any longer I have gotten my license already thanks to you Mr Dylan God bless you more cuz you made it possible for me

    • @AnthonyBoltman-um9jl
      @AnthonyBoltman-um9jl 15 днів тому

      Am sorry for that some people also go through difficulties, just be patient and keep studying

    • @andrewholt670
      @andrewholt670 15 днів тому

      I saw someone say he is not trustworthy i couldn't stop laughing, really people say a lot of shit these days.

    • @jameson001
      @jameson001 15 днів тому

      He doesn't have a UA-cam channel, why is that?

    • @weythsdghgdseywt
      @weythsdghgdseywt 15 днів тому

      hello!! This a backdoor we're talking about not some kind of extra classes, you really won't expect him to have youtubeChannel is not safe for him

  • @Zi_gemi8222
    @Zi_gemi8222 10 місяців тому

    I am an accounting student, I have bought a textbook, but there a lot of cases with solutions available only to my instructor. Where can I purchase a practice kit with solutions?

  • @Zi_gemi8222
    @Zi_gemi8222 10 місяців тому

    Since CRA loves money 😂 All tax authorities love money

  • @joycoso1453
    @joycoso1453 11 місяців тому

    Hello there, why would you deduct the $50 payment from the $500 at 9:10? I thought if you make an amortization table, your base for your interest income is based on your Lease receivable initially which is $500. So I thought it should be $500 X 3%. The $50 was just paid today.

  • @patelmilind2361
    @patelmilind2361 11 місяців тому

    What's the cost of doing prerequisite course

  • @queen4967
    @queen4967 11 місяців тому

    Hlw, i 'hve recently done my graduation in Accounting in Bangladesh so can i do CPA PEP in canada And how also i want to know which university will provide me this course.

  • @user-vp5mx5kc6f
    @user-vp5mx5kc6f 11 місяців тому

    Hi shumuz… Just wondering if you can make video on registration of cpa program because I Don’t understand how to start. Actually i started evaluating my degree with wes. What is further step on cpa ontario page? I see there is option coming cpa combined application do i need to select that category?

  • @refreshinglysharp
    @refreshinglysharp 11 місяців тому

    Thanks for this video! So, for journal entries, can you confirm my assumption here is right? When the first TV is sold, we would credit $1667 to revenue, and debit $333 to deferred rev. Then, if the second TV is purchased for $1,000, then the JE would be Dr. Cash $1k, Dr. Deferred revenue $333, Cr. Revenue $1333? If the purchase option just expires without being exercised, the JE would be: Dr. Deferred revenue $333, Cr. Revenue $333?

  • @HG-sc2qn
    @HG-sc2qn 11 місяців тому

    is CCA only in Canada? I've seen DCFs that value US companies don't have CCA schedule in their DCF. Thanks

  • @harshitagrawal8868
    @harshitagrawal8868 Рік тому

    What is scope and salary of CPA in Canada?

  • @hinasyeda8986
    @hinasyeda8986 Рік тому

    Love your videos!! Could you please add more videos on other important Financial Reporting Topics. Thank you

  • @KrishnaSuresh-ox9cj
    @KrishnaSuresh-ox9cj Рік тому

    can u do for 2023 Sep plzzzz ?

  • @Jaioti100
    @Jaioti100 Рік тому

    Great job with the videos. This helped me save so much time having to look for relevant material to put my notes together for the CFE I am writing in Sep. Thanks again. I am going through all your videos to prepare my own short notes for last minute review.

  • @dy5284
    @dy5284 Рік тому

    Thank you for the video, I am wondering I have undergrad in my back home and studied 2 years accounting diploma college program in Canada. Is that make me to jump straight to Capstone 1? Thank you

  • @TimeraB
    @TimeraB Рік тому

    Going to running a PASS session on lease accounting soon. This is so helpful.

  • @TimeraB
    @TimeraB Рік тому

    Can you make a video on how you make your notes?

  • @houxuewang5607
    @houxuewang5607 Рік тому

    Oh man, you might’ve just changed my life🥹