Government & NFP Becker vs Actual CPA exam

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  • #162717
    Anonymous
    Inactive

    I’m taking both Audit and FAR on 11/14 and have been doing pretty well on the Becker Final Exams. All in the 70’s. I’m losing a ton of points on both FAR Government & NFP questions as well as Government Auditing. In the practice exam alot of questions cover these topics. Will I see as many questions on these topics in the actual exams?

    Thanks for any help.

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  • #307139
    Anonymous
    Inactive

    Yes, nfp and gov't is about 20% of the FAR exam. You won't see too many on audit( i forget the %). I found the Becker questions in the final exams were more challenging than the actual exam. Focus on what the lecture focuses on, work through the questions, and you'll be fine.

    #307140
    See Pee A
    Member

    for FAR: Learn the basic statements for each type of entity: governmental, proprietary, and fiduciary. Also, learn the key points of each and which funds go into each one. A fair number of questions are high level like that (diff. b/w funds, which funds in each group, etc.). Also the basic entries for encumbrances, expenses, revenue, etc. I also struggled to really understand governmental and non-profit accounting, so I just focused on the basic ideas and concepts and it served me fairly well. Nothing on FAR is excessively detailed so at the very least make sure you understand everything high-level. If you have extra time, then focus more on the details. Hope this helps. Good luck!

    BEC 86 (08/30/11)
    FAR 84 (10/13/11)
    REG 88 (11/08/11)
    AUD 86 (11/29/11)

    Exam prep - Becker self-study

    #307141
    Anonymous
    Inactive

    Yes, you WILL be seeing governmental and non-for profit.

    #307142
    mrcpa
    Participant

    If you really understand the concept of GRaSPP SE PAPI and unrestricted/restricted/temp it will help a lot 🙂

    make sure to do the supplemental questions for Govermental as well. AS they really help you nail the concepts down

    Licensed - 2012

    #307143
    Yvonne570
    Member

    I only remember the very basics of government and non profit from the exam.

    AUD - Passed:)
    FAR - Passed:)
    REG - Retake TBD
    BEC - Missed by 3 points Retake TBD

    #307144
    Anonymous
    Inactive

    Invest in the Gleim software. If you can answer their MCQs on Gov't & NFP, then you will be fine.

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