[seattleacct]

According to Ninja Audio, there are 4 main/tested bond types:

Serial Bonds, Term Bonds, Debenture Bonds, Sinking Fund Bonds.

So I thought an easy to remember acronym would be STDs. Okay, so maybe its bad, but at least its easy!

Then I came across bonds in my CPAExcel study materials, which say I need to know the following for the test:

1. Secured vs. unsecured

2. Serial vs. single maturity term

3. Callable vs. redeemable

4. Convertible vs. nonconvertible.

The only one not listed here is Sinking fund bonds. Do I need to know all of these for the test? Or are the ones listed in the ninja audio enough?

B:76
A:64, 73, 91!
R:77
F:76

CPAexcel, Wiley Test Bank, Ninja Audio & Notes

[Anonymous]

It is all fair game for FAR. Mnemonics are okay to remember things but I think the important thing is do you know what each of them mean? I think that is what your CPA excel material is trying to get you to understand – the differences between each type of bond. Which is all testable.

[Anonymous]

It is all fair game for FAR. Mnemonics are okay to remember things but I think the important thing is do you know what each of them mean? I think that is what your CPA excel material is trying to get you to understand – the differences between each type of bond. Which is all testable.

[seattleacct]

I definitely think it's important to know the concepts and meaning of each type. I just like to use the associative acronyms to get me started. I wonder why Sinking fund bonds are listed with the audio but not covered in my CPAExcel materials, which I'll ask the CPAE professors, and I wonder why the convertible/nonconvertible and callable/redeemable bonds were not mentioned in the Audio.

Are any of those bond types less important or likely not tested?

B:76
A:64, 73, 91!
R:77
F:76

CPAexcel, Wiley Test Bank, Ninja Audio & Notes

[seattleacct]

I definitely think it's important to know the concepts and meaning of each type. I just like to use the associative acronyms to get me started. I wonder why Sinking fund bonds are listed with the audio but not covered in my CPAExcel materials, which I'll ask the CPAE professors, and I wonder why the convertible/nonconvertible and callable/redeemable bonds were not mentioned in the Audio.

Are any of those bond types less important or likely not tested?

B:76
A:64, 73, 91!
R:77
F:76

CPAexcel, Wiley Test Bank, Ninja Audio & Notes

[Anonymous]

im not much of an acronym man, i would say its better to memorize the entries for when you have discounts or premiums. stuff like that

[Anonymous]

im not much of an acronym man, i would say its better to memorize the entries for when you have discounts or premiums. stuff like that

[lleon]

Just gotta be a jack of all trades, master of none with FAR. But every FAR exam can be sooo different. Be ready for anything, and definitely understand the differences between them all. Good luck!

EDIT: I used cpaexcel only (haven't used the WTB subscription I got with it) and did well on FAR. Everyone's different, but I can say I felt well prepared by cpaexcel. However, definitely reconcile any differences you see between materials you use and again good luck!!

Licensed in Arizona

[lleon]

Just gotta be a jack of all trades, master of none with FAR. But every FAR exam can be sooo different. Be ready for anything, and definitely understand the differences between them all. Good luck!

EDIT: I used cpaexcel only (haven't used the WTB subscription I got with it) and did well on FAR. Everyone's different, but I can say I felt well prepared by cpaexcel. However, definitely reconcile any differences you see between materials you use and again good luck!!

Licensed in Arizona

[Anonymous]

I don't remember any other types of bonds that would be more important, but I would say if you understand all the above that you are pretty golden. To answer the question in your OP of why CPA excel doesn't have sinking fund bonds in the list you posted is because there isn't really an “opposite” of a sinking fund. I hope that helps.

[Anonymous]

I don't remember any other types of bonds that would be more important, but I would say if you understand all the above that you are pretty golden. To answer the question in your OP of why CPA excel doesn't have sinking fund bonds in the list you posted is because there isn't really an “opposite” of a sinking fund. I hope that helps.

[Author]

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