[Marc]

I was one of those who pushed my test back a week because of the extension, so my new test day is this Friday. My question is about Bonds, I know the effective interest method, and how to calculate current carrying value, and pretty much all the basics. I’m going through becker for more review and they are asking some off the wall questions that are really hard. Is it worth the time I have left to dig really deep and learn irrevocable trusts and sinking fund requirements on guaranteed debentures for example? I feel that I have a good basic understanding on bonds and am wondering if the basic consensus was that it should be enough? Thanks

FAR - 67, 85
AUD - 50, 68, 79 I'm DONE!
BEC - 81
REG - 78

First Expiration = 8/31/2013

[moey]

I don't even remember those detailed sections and I just took FAR last week. You already know the foundations, which is good.. that's a must. If you can learn the different types of bonds it may come up as a MC, but it's not major. Did they talk about the detailed sections you're asking about in lecture? If not, skip it.

Edit: Woops I didn't even realize.. I don't know which prep materials you're using. I assumed Becker, sorry!

FAR - 90
REG - 75
AUD
BEC

[Marc]

Yes Becker, sorry I should have stated.

FAR - 67, 85
AUD - 50, 68, 79 I'm DONE!
BEC - 81
REG - 78

First Expiration = 8/31/2013

[Anonymous]

If you can do Becker's MCQs, you should be fine!! But def. know the theory of it as well!! My exam was heavily theory based rather than calculations.

[Kru]

mabaumann, Gotta Love Bonds including J/Es for retirements and conversions…..refer to your intermediate college texts for the best…Bonds, Leases, and SCF are the only three chapters I read the book for. ….Good Luck.

AUD - 82p
FAR - 69, 72, 75p
BEC - 09/2012
REG - 10 or 11/2012

Using CPAExcel, Gleim for SIMs, and Red Bull

[Tia]

@CPA628

I had a lot of theory too and at one point questioned the exam because everyone is always talking about the heavy calculations.

@ mabaumann

Be sure to know your J/Es for everything.

FAR 83
AUD 87
REG 82
BEC score pending

[Anonymous]

Here's my best advice. Don't go crazy with all the intricacies of bonds because there are many. Instead, make sure you know the effective interest method like the back of your hand. You might get a question that won't actually call the instrument in question a bond but you will need to use the effective interest method to solve it. You're definitely going to see at least one question about this method so like I said, know it extremely well and you're in good shape.

[jenuno01]

I agree with Entourage. You need to trust Becker. That's why you or your company spent big bucks on it. Know all the bond questions on Becker. If I remember correctly, there aren't that many. I always say this, but try to solve every calculation with a JE or T Account. Good luck!

Class of 2012

[Author]

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