[Q2] FAR Study Group 2014 - Page 23

  • Creator
    Topic
  • #183478
    jeff
    Keymaster

    I’ve had a few requests for April/May Study Groups…March will be here before you know it.

    In order to take an early April exam, you should begin studying…now. 🙂

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

Viewing 15 replies - 331 through 345 (of 6,668 total)
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    Replies
  • #560824

    Cracked- At least for me, it helps if I spread out the studying. During the week I currently do a minimum of two hours a day (an hour in lunch and an hour after work). Two nights a week I stretch the hour after work to three hours so that's a total of 14 hrs m -f and not so painfull. I then either do two three hour sessions on Sat with a lunch in between or three hours each on sat and sun. That gets me to 20 (excl. audio and NN I cram in on the bowl, etc.) and so far I've been able to chug pretty well.

    MBA,CMA,CPA, CFF?, ABV?

    #560825
    Anonymous
    Inactive

    Just joining the party. Plan to write end of May, studying Becker, part way through F1.

    #560826
    CPAfit
    Participant

    just got done with 43% of (F6) in becker. Hoping to finish it by tomorrow night. Happy study everybody 🙂

    #560827
    Anonymous
    Inactive

    Can someone post a list for the Becker chapters so I can know what F6 and F3, etc. mean when people make posts? It's just curiousity really, knowing who's studying what.

    #560828
    Anonymous
    Inactive

    F1: Standard Setting, Income Statement, and Reporting Requirements

    F2: Matching (Revenue & Expenses), Foreign Currency Accounting, and Other Financial Statement Presentations

    F3: Marketable Securities and Business Combinations

    F4: Working Capital and Fixed Assets

    F5: Leases, Liabilities, and Bonds

    F6: Pensions and Income Tax Accounting

    F7: Stockholders' Equity, Cash Flows, and Ratio Analysis

    F8: Governmental Accounting

    F9: Governmental and Not-for-Profit Organizations

    F10: Fair Value, Partnerships, VIEs, AROs, Liabilities, Contingencies, Subsequent Events, Financial Instruments, Review of IFRS vs. U.S. GAAP, and Liquidation Basis of Accounting

    #560829
    Anonymous
    Inactive

    Listening to F9 lecture now and all I can say is OMG! Who puts these things together? And how on earth can someone understand it all. Dry as paper! Any tips on how to tackle it? Should I skip the lecture and get on with the MCQs? I haven't really listened to any other lectures but since this is heavily tested and I didn't take NFP/Governmental Accounting class in college, I thought it might be a good idea to listen to the lecture but phew! this lecture can be the remedy for insomnia!

    #560830
    jrosen92770
    Participant

    Just started F1. So far so good, but I am sure it gets challenging.

    BEC - 5/26/2013 75
    REG - 8/31/2013 82
    AUD - 11/24/2013 74, 2/9/2014 92
    FAR - 5/25/2014 85

    NY CPA

    #560831
    melonie88
    Member

    Tomorrow i'm gonna try waking up early, studying for an hour and a half. Going to work, then studying after for 2 1/2 hours. I'd rather have early mornings than late nights, because i feel my brain checks out.

    I don't know if anyone else's study material is like this, but with Gleim, I find when i do MC there's just an endless amount of information i find out that i didn't learn from the reading. It's expected, but it's getting kind of ridiculous, definitely discouraging. I know a lot of people complain that with Gleim they felt if you hadn't learned the information previously, you'll struggle. I didn't look @ any other study material because it was the cheapest and all i could afford. I just wanted to know if people with a different study material are having this experience?

    #560832
    CPAfit
    Participant

    Good morning everybody! hope it's gonna be another productive study for all of us. Starting where I left off yesterday and hoping to finish F6 today. And if anybody's wondering i'm in KSA and it's 6 am over here atm 😛

    #560833
    SpartanCPA
    Member

    I'm done for tonight!

    Was able to finish up F6 (Pensions and Income Tax Accounting) and half of F7 (Stockholder's Equity and Earnings Per Share).

    AUD - 01/18/14 - 81
    BEC - 05/29/14 - 85
    FAR - 07/18/14 - 81
    REG - 11/18/14 - 80

    Becker CPA Review
    NINJA Audio
    Michigan State University

    #560834
    CPAfit
    Participant

    @spartan good job done mate. F6 seems kinda tough but I think F5 is my real enemy.

    #560835
    Wanna_B_TXCPA2014
    Participant

    @melonie88 when I feel like this I start answering questions in the book while reading the answer. The reason I do this is to find the gap in my understanding. To give you an example of my method. I pick a question that I got wrong to review. I then go back to chapter and re-read the conceptual information about the item. I re-perform solutions to any in-chapter explainations of the concepts. Then I attempt to create my own logic pattern of memory cue for the important parts of the concept. Next I read the question again with the intentions of identifying the “key actionable” words.Key action words= what should include/exclude, apply exception criteria to, etc. I then answer the question and read the solution to specifically identify were my method to solve deviated from how the author arrived at the solution.

    #560836
    SpartanCPA
    Member

    @zubairs I hate them all haha! Surprisingly F5 wasn't too bad for me, leases and bonds are similar in a way. Pensions at first was rusty since it's been a couple years since I've learned it, same with income tax accounting.

    I plan on doing a more extensive review once I have completed all the units.

    AUD - 01/18/14 - 81
    BEC - 05/29/14 - 85
    FAR - 07/18/14 - 81
    REG - 11/18/14 - 80

    Becker CPA Review
    NINJA Audio
    Michigan State University

    #560837
    islandboi516
    Participant

    This test was created by malicious diabolical magical forest gnomes, who's only goal in life is to quench their thirst of immortality achievable by drinking the tears of failed CPA candidates….Its a fact I googled it… 🙁

    B:82 (11/28/2014)
    A:77 (05/31/2014)
    R:85 (08/27/2014)
    F:75 (02/17/2014)

    "A successful man is one who can lay a firm
    foundation with the bricks others have thrown
    at him."

    #560838
    NJPRU
    Member

    @islandboi – Everyone has their own story, this is mine.

    I was in your shoes before. about 2 – 2 1/2 years ago I sat for FAR, AUD, and REG for the first time. I spent 8 months studying between graduating college and starting with Grant Thornton (say Dec/Jan through Sept/Oct 11). I received a 71, 63, and xx (didn't even bother to sit) respectively. I then decided that it would be in my best interest to take time off because I was so stressed and I really didn't believe that I could pass. All around me, my friends were passing, and I seriously thought I was on the island of misfit toys. So, I took off and started over again with some sort of confidence and felt completely refreshed and ready to go.

    I'm not saying take a break, but what I am saying is that you are definitely not alone. There are thousands of people going through what you are going through, heck, the first time I took AUD after my 2 year break was a 72 – completely heartbreaking. My advice is to continue to push on. What worked for me was sitting for one part each at the end of the testing window, waiting 2 weeks for my score. During the two weeks of waiting I practiced problems and kept the information fresh. When I found out I failed audit, I started up again, but instead of having to go through the information again, all I had to do was review for a month (instead of sitting for a different test and losing all the audit skills and techniques – which is probably what happened to me 2 years ago).

    Continue to keep yourself encouraged. This past weekend I struggled with EPS and I still don't understand it; however, instead of stressing about it now, I decided to move onto a different topic to boost my confidence – it has worked and I am moving forward with a clear mind and will worry about EPS later. Definitely use this forum as a way of encouragement – it's helped me thus far, even though I don't have much time to partake in the conversations like I should.

    Just remember we are all in the same shoes. #endramble

    AUD: DONE
    FAR: DONE
    BEC: DONE
    REG: DONE

    IM GOING TO BE A CPA!!!!!

Viewing 15 replies - 331 through 345 (of 6,668 total)
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