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CPAExcel has pretty much skipped the entire section.
Its parent – Wiley – has many Parternship Accounting questions for FAR, but the explanations are not very helpful.
I keep getting confused.
Can someone explain Parternship Accounting or provide any good reference materials on-line – e.g., Bonus vs. Goodwill, Capital allocation, sharing of profits…
Is it heavily tested on the exam? I don’t remember from round 1….
Thanks!
FAR - 76
AUD - 75
BEC - 75
REG - 76Now I need some experience!!! And some networking...
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