ESOP is it even on FARE test ??? I have no idea about ESOP

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  • #812952
    vodrldnr
    Participant

    I am covering Wiely and there is only two MCQ on ESOP.

    if it is not that important topic, I would like to just skip to save my time cuz I cannot find any study material about ESOP… wiley only briefly mention about ESOP …

    do I need to know JE about it ? or should I just skip it ???

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  • #812982
    hasy
    Participant

    I don't know any JEs related to employee benefit plan accounting. But I guess I didn't study this part because I audited these plans.

    I would know what statements they usually contain, which is B/S and statement of changes (I/S). Also, know that the ESOP should follow what is designated in the plan document.

    But yeah, in my study, I had like maybe 5 MCQ too.

    Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved - Helen Keller

    -

    BEC 80 (10/23/15)
    FAR 72 (4/2/15); 83 (7/11/16)
    REG 52 (4/28/15)
    AUD (9/9/16)

    Roger + NINJA MCQ + WTB

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