[jeff]

FAR Study Group Links and Resources:

1. NINJA Monthly – $67 FAR Course
2. Free FAR Notes
3. FAR Course Comparison
4. How to Pass FAR (with NINJA)
5. How to Pass FAR (in 20 Days)
6. How to Pass FAR (after Failing)

See Also:

• FAR Study Group
• AUD Study Group
• REG Study Group
• BEC Study Group

[pj2020]

@BF98, You can try Gleim study plan it may be work for you. Every one has their own timing schedule and learning style. In gleim they have personal counselor to help you regarding learning style and calendar.

Thanks.

[jdl]

Hi everyone- taking the FAR section sometime in April. It will be my third time. I was wondering if someone can help me with the below journal entry? ( I dont understand the reduction in APIC for registering/ issuing equity securities- I thought it would lower the investment by $80,000). Thanks.

On August 31, 2005, Wood Corp. issued 100,000 shares of its $20 par value common stock for the net assets of Pine, Inc. in a business combination accounted for by the acquisition method. The fair value of Wood's common stock on August 31 was $36 per share. Wood paid a fee of $160,000 to the consultant who arranged this acquisition. Costs of registering and issuing the equity securities amounted to $80,000. No goodwill was involved in the purchase.
What should Wood capitalize as the cost of acquiring Pine's net assets?

[Tncincy]

What's up Ninja's!!! How are we coming with Far study. I am trying to get out of Cash flow statements. I seem to do well with mostly everything else but Cash flow seem to be my weakness. It's driving me nuts. I'll have to find a better video source, the book is no help either.
—
Have you guys been following the score release and see all those passing scores? I am excited. I am determined to pass Far. If they can do it, so can I. Keep studying gang.

It begins with a 75
Been here too long as a cheerleader....ready to pass

[Tncincy]

OK so I was struggling with Cash flow statement questions. I found a Roger video and oh my what a relief. I think I got it now and can move on. Has anyone else used other videos from other providers other than the ones the come with your course? I feel so much better.

It begins with a 75
Been here too long as a cheerleader....ready to pass

[jeff]

I decided to resurrect the study groups. If you have a study strategy question for me, post it here. 🙂

Jeff

[Tncincy]

Why is it so easy to deviate from the course study plan? I was doing so good, then I began to feel like I am going in circles again. Is anyone else experiencing study blahs?

It begins with a 75
Been here too long as a cheerleader....ready to pass

[David]

@Tncincy yeah I'm right there with you. I had a study blah like 2 days ago and just kind of took an easier day of studying and relaxed. Now I'm 5 days out and studying like crazy think that day helped lol. FAR studying is not fun for me, hoping to be done with this process March 10th. Sometimes when I get those blahs switching from MCQ's to reading NINJA notes is good too or going to the gym.

[Tncincy]

@David, Trying to rebound today. I don't like taking off too many days, I simply lose the momentum and can't get it back. I like the idea of writing notes when I'm blah as well. At least I'm doing something.

It begins with a 75
Been here too long as a cheerleader....ready to pass

[Tncincy]

Has anyone ever bought cpa review materials only to lose interest in a matter of days? I have am just feeling really stupid and broke. Do what ever you have to do to pass right?

It begins with a 75
Been here too long as a cheerleader....ready to pass

[Akashi]

been there done that!!! lol I was working with Gleim for FAR. I failed twice and thought there will be something magical in other courses. So I winded up buying CPAExcel which did not work. Then I winded up buying Roger which also did not work. Now I am back with Gleim. Happens to the best of us.

[Tncincy]

@Akashi, Thanks for your response. Now I know I'm not crazy. I son't know why that magical feeling comes over me like there will be something different is going to help me pass. I do like Roger lectures though.

It begins with a 75
Been here too long as a cheerleader....ready to pass

[Tncincy]

Is there a highly tested far list somewhere? Does anyone know?

It begins with a 75
Been here too long as a cheerleader....ready to pass

[jeff]

If you are getting bored with your course – take crazy notes. It keeps your mind engaged.

[DocJ]

How do you do Contingencies?

You're supposed to recognize and disclose events if they're already known (like lawsuits) as of Dec 31st, right? And what about natural disasters after year end, are those only disclosed and not recognized? What about insurance, if you're covered and expecting something?

I can't handle all these plot twists on a single topic 😮

[Jinny]

I also use GLEIM!!!

[Author]

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