Easy way to remember IFRS Inventory method.

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    Topic
  • October 29, 2013 at 8:26 pm #181390
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    Participant

    IFRS doesnt care about your LIFE they always put themselves FIRST. LIFO is not permitted but FIFO is under IFRS. Pretty cool huh? Ok thats all I have for today Folks…LOL. FAR exam in 2 hours!!!!

    FAR. Feb 2014 76
    REG. Jan 2015 79 half way there!!
    BEC. Feb 2015 79 thank you God!!
    AUD. Apr 20, 2015 and will be done. Hold that thought 65, 7/14/15 85!
    Ok where was I? Oh thats right now I'm Done!!!!!!!!!
    Ethics 92!!

    "You down wit SEC?, yeah you know me!!!"

    Cali Candidate

    All Becker Materials, Wiley Test Bank, Ninja audio, Ninja MCQ, Ninja Notes

Viewing 12 replies - 1 through 12 (of 12 total)
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  • October 29, 2013 at 8:35 pm #462573
    StephAV
    Member

    Good luck! That is pretty good!

    FAR - 7/13 - 72, 11/13- 74, 2/14- 82!!! Best score ever (for me)!!!
    BEC - 1/14 - 75!!! Perfect score! First Pass! YAY!!!
    AUD - 8/14 - 80!!!
    REG - 5/14 - 72, 10/14 - 66, 1/15 - 78 - DONE FOREVER!!!
    I did 5 of the UNA and CPAExcel classes to earn units.

    October 29, 2013 at 8:35 pm #462666
    StephAV
    Member

    Good luck! That is pretty good!

    FAR - 7/13 - 72, 11/13- 74, 2/14- 82!!! Best score ever (for me)!!!
    BEC - 1/14 - 75!!! Perfect score! First Pass! YAY!!!
    AUD - 8/14 - 80!!!
    REG - 5/14 - 72, 10/14 - 66, 1/15 - 78 - DONE FOREVER!!!
    I did 5 of the UNA and CPAExcel classes to earn units.

    October 29, 2013 at 8:42 pm #462575
    highlightnumb
    Participant

    Thanks StephAV! Good Luck to you as well!!

    FAR. Feb 2014 76
    REG. Jan 2015 79 half way there!!
    BEC. Feb 2015 79 thank you God!!
    AUD. Apr 20, 2015 and will be done. Hold that thought 65, 7/14/15 85!
    Ok where was I? Oh thats right now I'm Done!!!!!!!!!
    Ethics 92!!

    "You down wit SEC?, yeah you know me!!!"

    Cali Candidate

    All Becker Materials, Wiley Test Bank, Ninja audio, Ninja MCQ, Ninja Notes

    October 29, 2013 at 8:42 pm #462668
    highlightnumb
    Participant

    Thanks StephAV! Good Luck to you as well!!

    FAR. Feb 2014 76
    REG. Jan 2015 79 half way there!!
    BEC. Feb 2015 79 thank you God!!
    AUD. Apr 20, 2015 and will be done. Hold that thought 65, 7/14/15 85!
    Ok where was I? Oh thats right now I'm Done!!!!!!!!!
    Ethics 92!!

    "You down wit SEC?, yeah you know me!!!"

    Cali Candidate

    All Becker Materials, Wiley Test Bank, Ninja audio, Ninja MCQ, Ninja Notes

    October 29, 2013 at 10:07 pm #462577
    MintsRGood
    Participant

    That's a good one!!! I've been using “IFRS are losers because they have no LIFO!”…silly but it works!

    Then again…I have no LIFO these days either so maybe I should stop making fun of IFRS.

    REG: 75 DONE 🙂
    AUD: 61, 71, 68, 92 DONE 🙂
    BEC: 76 DONE 🙂
    FAR: 72, 74, 79 DONE 🙂
    Licensed Michigan CPA 🙂
    -Some people dream of success...others wake up and work hard for it!!!
    -The cowards never start and the weak die along the way!
    -You better work, b***h!
    -Only those who dare to fail greatly can ever achieve greatly.-JFK

    October 29, 2013 at 10:07 pm #462670
    MintsRGood
    Participant

    That's a good one!!! I've been using “IFRS are losers because they have no LIFO!”…silly but it works!

    Then again…I have no LIFO these days either so maybe I should stop making fun of IFRS.

    REG: 75 DONE 🙂
    AUD: 61, 71, 68, 92 DONE 🙂
    BEC: 76 DONE 🙂
    FAR: 72, 74, 79 DONE 🙂
    Licensed Michigan CPA 🙂
    -Some people dream of success...others wake up and work hard for it!!!
    -The cowards never start and the weak die along the way!
    -You better work, b***h!
    -Only those who dare to fail greatly can ever achieve greatly.-JFK

    October 29, 2013 at 10:10 pm #462579
    acamp
    Participant

    So my approach for IFRS being, solve for GAAP and randomly pick 1 out of 3 that is not the GAAP answer could have been approved upon?

    Ninja + Wiley Test Bank: [FAR - 81] [REG - 76] [BEC - 88] [AUD - 73](doh!)

    Becker Videos: [AUD - 82]

    California CPA

    October 29, 2013 at 10:10 pm #462672
    acamp
    Participant

    So my approach for IFRS being, solve for GAAP and randomly pick 1 out of 3 that is not the GAAP answer could have been approved upon?

    Ninja + Wiley Test Bank: [FAR - 81] [REG - 76] [BEC - 88] [AUD - 73](doh!)

    Becker Videos: [AUD - 82]

    California CPA

    October 29, 2013 at 10:56 pm #462581
    Anonymous
    Inactive

    MO LIFO MO PROBLEMZ!

    October 29, 2013 at 10:56 pm #462674
    Anonymous
    Inactive

    MO LIFO MO PROBLEMZ!

    October 30, 2013 at 4:06 am #462583
    highlightnumb
    Participant

    Nice guys. We have to make some fun out of this crapola…LOL

    FAR. Feb 2014 76
    REG. Jan 2015 79 half way there!!
    BEC. Feb 2015 79 thank you God!!
    AUD. Apr 20, 2015 and will be done. Hold that thought 65, 7/14/15 85!
    Ok where was I? Oh thats right now I'm Done!!!!!!!!!
    Ethics 92!!

    "You down wit SEC?, yeah you know me!!!"

    Cali Candidate

    All Becker Materials, Wiley Test Bank, Ninja audio, Ninja MCQ, Ninja Notes

    October 30, 2013 at 4:06 am #462676
    highlightnumb
    Participant

    Nice guys. We have to make some fun out of this crapola…LOL

    FAR. Feb 2014 76
    REG. Jan 2015 79 half way there!!
    BEC. Feb 2015 79 thank you God!!
    AUD. Apr 20, 2015 and will be done. Hold that thought 65, 7/14/15 85!
    Ok where was I? Oh thats right now I'm Done!!!!!!!!!
    Ethics 92!!

    "You down wit SEC?, yeah you know me!!!"

    Cali Candidate

    All Becker Materials, Wiley Test Bank, Ninja audio, Ninja MCQ, Ninja Notes

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