[se98]

I am taking FAR first thing Monday morning. Government accounting is going to be the death of me. I think I could answer some basic conceptual multiple choice questions, but I’d be screwed with a question requiring much mathematical calculation, or god forbid a sim. With my remaining day and a half to study, should I spend more time trying to get this to sink in, or should I focus on bolstering my other topic areas? FYI, I’m using Becker.

FAR 84
REG 7/2016
BEC 8/2016
AUD 10/2016

[Trele6]

Stupid little things like the order of items on the I/S, B/S etc and the NFP/Govt names of those instead of I/S etc. Knowing GRASPP real well will be good also.

First go at the CPA! Only using Becker
Reg / Nov 2015 - 87
Far / Apr 2016 - 79
Bec / May 2016 - 80
Aud / Aug 2016

[Kim W.]

I took Becker and they told us that Government and Not for Profit is about 20 to 25% of your total points. One thing I did to supplement my Becker course was I found youtube videos on the topics I was unfamiliar with and needed a different perspective (e.g. retail inventory method). It's been quite a few years since I graduated college and I wouldn't have contemplated taking any of the exams without a review course. Becker was recommended to me the most often so that's the one I went with.

I took FAR on May 15th, first test first time. We shall see . . .

Kim W.

[Excel14]

@trele6,

By GRASPP, do you mean the funds found in the Governmental Funds….General, Special Revenue, Capital Projects, Debt Service, and Permanent Funds?

BEC (2/28/16) ----- 78
FAR (09/10/16)-----
AUD
REG

CIA, CGAP, CFE

[livealittle]

GRaSPP SE PAPI

General
Revenue
and
Service (debt)
Projects
Permanent

Service (internal)
Enterprise

Pension
Agency
Private purpose
Investment

their accounting method – full accrual, modified accrual, their basis – economic measurement, financial

etc.

BEC - 8/8/16
REG - 66, 77
AUD - 81
FAR - 9/8/16

[Excel14]

@livealittle,

Yeah, I am not using Becker, so I learned it differently, but I gotcha.

BEC (2/28/16) ----- 78
FAR (09/10/16)-----
AUD
REG

CIA, CGAP, CFE

[MaLoTu]

I use GRaSPP but I also remember it as GRaDS CAPP for General, Revenue (special) , Debt Service (so I dont get mixed up with internal service) , CAPital projects, and Permanent. I feel that the Ps are too much in the mnemonics they give so I remember GRaSPP and GRaDS CAPP to get the individual funds straight! lol.

[Trele6]

If you get a good understanding of the GRASPP SE PAPI items including the exact details of their financial statements you will be in really good shape.

Lots of easy points by knowing which funds are full accrual vs modified, which one has a cash flow statement etc.

First go at the CPA! Only using Becker
Reg / Nov 2015 - 87
Far / Apr 2016 - 79
Bec / May 2016 - 80
Aud / Aug 2016

[Author]

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