[Anonymous]

No to DEVELOPERSS!

D – Direct Financing

E – Extraordinary Items

V – Valuation Allowances

E – Exchanges > Gain recognition for exchanges of similar assets

L – Legal Method/Par Value Method for Treasury Stock Accounting & also

LIFO for inventory valuation method

O – Operating Activities > Reconciliation of Net Income to Net Cash Provided by Operating Activities as a supplemental schedule

P – Prior Service Cost [PSC] > Retroactive adjustment for PSC

E – Equity Category > Comprehensive Income presentation as a separate category in the Statement of Equity

R – Reclassification of Financial Liabilities between amortized cost & PV

S – Sales lease type

S – SLM > Straight-Line Method of premium/discount amortization

Does anybody have some more items to add here? Thanks!

[Kimboroni]

Nice! Thanks for the great tip!!!

AUD 84 (1/9/14-Wiley books/TB + free materials)
FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

[Amay]

Does anyone know the % of how much this material will be tested on exam?

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Amay]

Does anyone know the % of how much this material will be tested on exam?

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Amay]

Have another one – IFRS says no to VIE's (variable interest entities) – instead it focuses on special purpose entities.

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Amay]

Have another one – IFRS says no to VIE's (variable interest entities) – instead it focuses on special purpose entities.

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Anonymous]

Amay, that's a good one.

We still stick to our original DEVELOPERSS, and add it to our “V” {Valuation +VIEs together}.

Thanks.

[Anonymous]

Amay, that's a good one.

We still stick to our original DEVELOPERSS, and add it to our “V” {Valuation +VIEs together}.

Thanks.

[Author]

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