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I took FAR April 30 and I’ve been pretty good about not keeping it on my mind as I’m now prepping for AUD June 9.. what a breeze AUD feels like compared to the beast that is FAR, but I cannot help myself but to think back to my experience with the SIMS. I’m going thru that phase where every hour I go back and forth between feeling like I’ve failed to feeling like I did enough to pass. It’s relentless, but I have to ask if anyone can please chime in here:
Of the 8 SIMS I saw, I feel comfortable about 5 of them, having partially guessed on 1 of them (adjusting certain parts of a letter based on given information), completely guessing on another (the same type, you’re given a letter and have to adjust certain parts of it based on the documents provided), with the last one (huge SIM with 8 documents and extremely long FS) leaving absolutely positively blank. I am really banking on that last large SIM I just mentioned being a pre-test, looked like it would have taken an hour to complete! Of the 5 I feel “comfortable” with, I can say 3 are concrete, while the other 2 are I’d say 50-80% (hoping closer to 80%, obv) comfortable. Of the 2 that are of the 50-80% variety, 1 of them was a SIM on Diluted EPS! Really hoping this will be graded as I felt overall pretty comfortable about it, but I’m now realizing that no where in the AICPA Blueprint does it mention a requirement of analyzing or evaluating Diluted EPS, so naturally I had myself an “oh shit” moment. Any thoughts, input? Anything to ease my mind or to serve me some cold hard truth?
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