[jeff]

NINJA Study Notes, Flashcards, and Audio: https://www.another71.com/products-page/

Wiley Software: https://www.another71.com/wiley-cpa-software/

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[Anonymous]

I have a question for all of you who have taken FAR or are currently studying FAR using Becker.

Did anyone else realize that they ask questions that weren't covered in the lecture or even the book. For instance (and this is a Becker question so worries about content), it asks about reversals of impairment of an intangible. See IFRS allows this, but there is no mention of this in the book about what GAAP does. I have been noticing this a lot through my study. Now, keep in mind I am only on the second chapter. So do they eventually fill you in or should I expect this for the rest of the book? I didn't notice this for either BEC, AUD, or REG with Becker… It is kind of worrying me. Help is much appreciated!

[adcpa]

Guys, I took Far recently.

Based on the sims, i believe i knew 3-4 of them well and the others somewhat were tricky. Do you guys think I have a decent chance at passing?

[siz]

I failed FAR in November under the old test and re-took in February. Here are some observations I noticed between old test and new test.

1.) Do not skim over the government and non-profit sections anymore like you used to be able to. You must know these subjects pretty well. I repeat do not skim over this section! It is easy to skip these chapters in the Gleim book since they are the last 2 chapters if you are short on study time.

2.) I was ready for IFRS, but was disappointed because there was not many IFRS questions like I expected. It appears you will need to know both GAAP and IFRS rules for all topics if you want to do well. I would recommend that you know GAAP first before you try to learn IFRS rules.

3) I was happy with the change to the so called shorter simulations. They still seemed long to me but definitely not like they used to be.

AUD – PASSED

BEC – PASSED

REG – PASSED

FAR – 3/17

[Anonymous]

danatwvu09

See Becker 2011 textbook F2-22 illustration – Asset held for disposal allows restoration and Assets held for use do not

Sometimes the MCQ do have questions that are covered in greater detail in later chapters (F2 has many MCQ that are covered in more detail in later chapters)

Learn what you can the first time around – and then revisit this chapter again – it will help pull the information together for you

[kimandor]

Hey Jeff or anyone,

I am waiting on FAR ( last one) I got a 75 on the other 3 exams ,weird right? I got a 74 on Far in Oct. that test was so much easier then new one in Feb. My question is do the examiners look at your prior grades when they decide to curve people, or your picture, or your age?????????

[Herbieherb]

lol they pass pretty girls with a 75?

NEW YORK- DONE

[Anonymous]

If that's the case, I'm going to email them my picture along with a bio that includes my astrological sign and that I like long walks on the beach.

[macha1909]

Can any one tell me if i can follow “The vest pocket guide to IFRS” by steven Bragg? I am following wiley's book and CD for FAR. Donno if i should study IFRS in depth or i can browse through it.

[Anonymous]

@cpa journey Thanks for your input. I was hoping they would go through this stuff in a little more detail. I mean accrual, adjustments, and intangibles all covered with 20 pages is a little much considering I had numerous chapters in my intermediate classes covering these topics

[Megan]

I'm probably the only one to say this, but I'm very happy to hear that I may need to concentrate harder on the Governmental and NFP sections. Those are the only two sections I've had a comparable score to passing candidates both times I've taken FAR. It helps that that is where all my background is, probably 🙂

I am anxious to see how people have scored compared to how they think they did. Y'all who took the test in Q1, make sure to report back your scores!

BEC 52, 61, 74, 77
AUD 80
REG 75
FAR 50, 60, 70, 74, 83...DONE!!
..Texas.. Baby #2 born 4/11/11

[adcpa]

Did anyone take the test during the first window? What did you guys think of the new simulations? In my opinion, I believe I did well on 3 or 4 of them and the other 3 I struggled with. Anyone feel the same way? I am worried that I will not pass.

[Anonymous]

I think the new sims were OK because I saw everything in the study materials. I got 2 research questions, which I know I got right but I completely bombed 2 of the sims and did OK on the other 3. As for the testlets I did perceive (at least I thought I did) them getting difficult but that doesn't mean anything as I didn't recognize a difference for REG or AUD. I'm not saying I passed but if God could give me a 75 I will gladly take it.

All the best.

[Herbieherb]

I thought the new sims were tough. Not impossible. If I had spent more time on the areas tested would've been a slam dunk…but it wasn't and I guessed in half of it…getting two research tabs seems so lucky. For me those research questions for me take like 3 minutes to do, would save a lot of time when u figure one of them is likely to be pretest and the other 5 sims counted.

NEW YORK- DONE

[Megan]

I know this thread isn't getting much action while scores are being released, but I am in the process of going through Becker's FAR review. It's my 3rd attempt, and I'm really trying to pass this time! Honestly, I didn't really try the last couple of times.

Anyway, I'm really trying to be thorough with the MCQs and work out each one, select my answer, and if it's wrong, work it out the right way. This is taking me FOREVER. It took me 4 hours last night to get through 50 F4 questions (inventory-LIFO/FIFO/etc.) and I'm not even half-way through all of the F4 MCQs. I have my test in 2 weeks and I don't know if I'll be able to get through the rest of the chapters. I do have some vindication as governmental/NFP is my strong point since I work in it, so F8-F9 shouldn't be too bad.

So my question is, should I skip the lectures and just focus on the MCQs, or just get it all done and cram in as much as possible these next two weeks?

BEC 52, 61, 74, 77
AUD 80
REG 75
FAR 50, 60, 70, 74, 83...DONE!!
..Texas.. Baby #2 born 4/11/11

[sapna1208]

@ Megan..

Even I m preparing for FAR can u suggest me how to go through…

[Author]

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