FAR – Sale Leaseback Questions Help

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  • #157722
    ig1151
    Participant

    I’m having a difficult time understanding Sales-Leaseback transactions. Does anyone remember seeing a lot of questions on the exam on this topic? I understand leases and bonds but for some reason either the Becker Material doesn’t do a good job teaching it or I just can’t comprehend the topic. Let me know your thoughts.

    AUD - 75, REG - 77, BEC - 79, FAR - 76

    After 1 and 1/2 years of studying, I'm a CPA

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  • #228584
    rahulcpa
    Participant

    not a lot though but you never know because if you are not well prepared for a topic then there are a lot of chances you will see questions from that topic.

    BEC - 82 Reg-87 Aud - 86 Far - 81 (THANX THE LORD)
    (Dr CPA (Asset)
    Cr Life) đŸ˜‰ (revenue)

    #228585
    keep_studying
    Participant

    Wiley was great for preparing for FAR to me. You are right. Sales-Leaseback transactions were difficult to understand. I took FAR three times and most of questions on lease were about operating and capital lease transactions. I have not seen many questions but a few on Sales-Leaseback but you should know at least what it is. You never know…..!

    #228586
    Anonymous
    Inactive

    Maybe, it can appear on a sim?!?!?!

    #228587
    Anonymous
    Inactive

    That would be a nasty simulation topic. I wouldn't put it pass the examiners though.

    Wasn't there a link someone put here to help? I was going to see if it would help.

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