[Lamis]

hi everybody,
I just started studying for FAR with Becker, he didn’t mention anything about the 2018 changes ,and I have no clue ,I was planing to write the exam on Jan….
What do u recommend me doing?

[jeff]

There are 3 types of changes happening – none of which you should be materially worried about.

1) new pronouncements tested – happens twice a year – no big deal

2) changes to the blueprint – here they are: https://www.aicpa.org/BecomeACPA/CPAExam/ExaminationContent/DownloadableDocuments/cpa-exam-blueprints-20180101-summary-changes.pdf

No big deal.

3) Changes to the exam UI – the way the exam looks – concepts tested are the same – no big deal.

[Lamis]

thanks jeff 🙂

[IMcos]

Hi Jeff. I'm using an older version of Becker material-2014 edition-.Are they major changes that I need to worry about for the FAR exam.I'm planning to take the test in February-18.

[Lamis]

“Revenue Recognition” will be the major change in FAR content , I sent an email to Becker regarding this , they advised me to switch versions once it becomes available Which will be in November because it's a substantial part of the FAR exam & its tested at the application and analysis level.

[Earla Riopel (NYCARE)]

Basically, we're talking about this “Revenue Recognition”:
https://www.fasb.org/jsp/FASB/FASBContent_C/CompletedProjectPage&cid=1175805486538
https://www.fasb.org/jsp/FASB/Page/ImageBridgePage&cid=1176169257359#section_7

Also, watched Mr. T. Gearty's entertaining videos:

Have fun watching fellow 2017/2018 CPA candidates.

[Hitz]

Dear Lamis,

Can you please provide me with the list of changes in FAR in Becker Materials and by when the Desktop version will be updated automatically??
Till now the online version is not updated with the changes ??

Can you please throw some light

[Lamis]

b

[Lamis]

Dear,
the changes are F1 : M3 & M4
F4 : M1
F7 : M1 & M2
F8 : M3 M6
You can study the rest till they update it, hopefully by the end of this month
Good luck

[Hitz]

Thank u Lamis.

[Lamis]

All becker students,
The new version is out 😉

[Author]

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