Ask the Accounting Community

 View Only
  • 1.  Please, I need an advice

    Posted 04-21-2020 03:10 PM
    Hi All, 
     I need your opinions and help, I want to start part 2 after i passed part 1 i am a senior student. I need to know should i purchase a complete review course (with lectures) for part 2 or just purchase the book+questions bank and study by myself ?

    ------------------------------
    Sara Hussein
    Student
    Cairo
    Egypt
    ------------------------------


  • 2.  RE: Please, I need an advice

    Posted 04-22-2020 12:27 PM
    Hi Sara, 

    I passed part 2 in 2018. I used the Gleim CMA review which worked well but I am sure others would work well two. I got the most use out of the book, questions and the audio lectures. I didn't like the video lectures. If I had it to do over again I would just have gotten the book and access to the questions.

    ------------------------------
    Leonard Williams CMA
    Accountant
    Gillette WY
    United States
    ------------------------------



  • 3.  RE: Please, I need an advice

    Posted 04-22-2020 12:44 PM
    Thank you for your help.

    ------------------------------
    Sara Hussein
    Student
    Cairo
    Egypt
    ------------------------------



  • 4.  RE: Please, I need an advice

    Posted 04-24-2020 12:01 PM
    For Question 2 RE: Gift/Bribe.  This could be considered a facilitation payment which is not prohibited under the FCPA.
    The SEC Office of Investor Eduction says:   "The FCPA does not apply to any "facilitating or expediting payment," the purpose of which is to expedite or secure the performance of a "routine governmental action." Routine governmental action encompasses those actions which ordinarily and commonly are performed by a foreign official in: (a) obtaining permits, licenses ...." 
    Notice how the payment to expedite (or boosting in the question) is not prohibited.


    ------------------------------
    Mark Batson CMA
    Director/Manager
    FUJIFILM Recording Media U.S.A., Inc.
    North Billerica MA
    United States
    ------------------------------