CLA Facts & Figures
So Many Taxes!
Boise State
Financial Accounting
CPA Exam 101
100

"CLA" is short for the firm's formal name.

What is CliftonLarsonAllen LLP

100

All individual taxpayers must complete this basic tax form annually

What is a Form 1040

100

Who is the Boise State Football Head Coach?

Andy Avalos

100

Does GAAP require the accrual or cash basis of accounting?

Accrual

100

The CPA exam consists of this many sections

4, four-hour sections

Auditing and Attestation (AUD)

Business Environment and Concepts (BEC)

Financial Accounting and Reporting (FAR)

Regulation (REG)

200

CLA has office locations in all of the following, except:

A. Canada

B. West Coast

C. Midwest

D. East Coast

What is Canada

200

Willful failure to pay taxes is called

What is tax evasion 

200
The person that the BSU library is named after

Joe Albertson

200

The three branches of accounting:

A. Legislative, Executive, Judicial

B. Financial, Management, Cost

C. Corporate, Financial, Investment

B. Financial Accounting, Management Accounting, Cost Accounting

200

What are the 2 criteria for passing the exams

You must pass all 4 parts within 18 months(pending 30 months); you must earn a minimum of 75% on each part

300

In CLA's branding & marketing strategy, we use the "CLA" logo and often times another image (hint:  it is a mode of transportation)

What is a bicycle

300

An individual taxpayer must file their income tax return by this date

What is April 15th 

300

The BSU program with the highest undergraduate enrollment

What is Nursing (899)

300

The term used to explain how quickly a company can convert assets into cash

What is liquidity 

300

The CPA exam review course CLA provides to committed campus hires at no cost:

A. Becker

B. Surgent

C. Gleim

D. UWorld Roger

A. Becker

400

CLA employs approximately this many family members:

A. 10,000

B. 4,500

C. 7,000

D. 8,500

What is D. = 8,500

400

This type of entity generally involves one founder and owner, and is reported on schedule C of that individual's tax return

What is a sole proprietor

400

The year that the legendary blue turf was installed in the football stadium

What is 1986

400

There are many types of financial statements, list 2 

What are balance sheets, income statement, statement of income, statement of operations, cash flow statement, statement of equity, statement of comprehensive income

400

The number of Educational Hours required for CPA Licensure in Idaho

150 semester hours