[jeff]

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

[Anonymous]

I listened to F9 – NFP lecture and hitting the sack now. Waking up at 4:30 to read the chapter and then start on MCQs.

[Tncincy]

Thawed out a little from the snow and ice. Was able to get to the office today. Felt a litle sluggish getting home and dealing with my grown people that need something to do while everything slowly get back to normal. So the study progress was 50 note cards with a few ratios and formulas (forgot about those). Not a heavy duty night but something is better than nothing. will read notes and turn in. Plan on putting in at least another hour or two. Keep studying everyone.

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

[Anonymous]

Still consolidating notes. Feels good to reread my notes and actually remember a lot of it. I wish that would carry over to my quizzing. All in due time…

[stoleway]

Done with PPE ,depletable resources and nonmonetary exchanges. I start a new chapter tomorrow ( goodwill and other capitalization issues)…good night everybody.

REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!

Mass-CPA

[CPAfit]

Good morning everybody! hope everone had a productive study time yesterday. Just an update, i've been getting some down time at work during the day. So i've decided to start reading the book from Chapter 1 during work and continuing my lectures in the evenings after work. Hope this will keep the information fresh in my mind until I get to MCQs after finishing my lectures.

[Anonymous]

@zubairs – Lucky you! If i have downtime and I open my book to study, my manager will flip! He won't like it and will give me tasks so I don't study. So what I do is just put on the head phones and listen to Ninja notes so I can capture a few nuggets 🙂

[Anonymous]

@zubairs–That's great! It will definitely help. Any way to absorb the information will help!

[How many letters do you need]

Nicely done everybody, keep chugging! I'm so behind, month end has been kicking my ass so not much studying. Going to get through bonds today, think I'm pretty solid on them and understand the JE pretty well. Still have leases looming. It seems that this glob of material is sort of the mid way hump in terms of material difficulty and % tested. Or maybe it's just wishful thinking…hah

MBA,CMA,CPA, CFF?, ABV?

[oilgaslb]

@letters – I'm on bonds today also. What day did you say your test was? I'm feeling the pressure but still think we can do this as long as we don't slack!

[Anonymous]

@howmanyletters–I am right there with you. Month end is a killer this month and it's not even a quarter end! Hope to get through bonds and leases this weekend. If you have any tips on how to remember all the bond JEs let me know. They were my weak spot when I was studying to take the exam in February.

[masa_inn]

I'm the bond gilr today as well!

FAR
AUD 02/10/14 passed
BEC
REG

Roger, WTB, Ninja materials

[holycow_75]

Okay…what a crazy week. Not enough time to study (typical), but managed to get through another module this week. I'm in Wiley. Looking for a little advice. Here's how my study outline looks (“Complete” means I've read & taken notes. “Reviewed” means I've done at least 30-40 MCQ's & a couple SIMS):

Module 9A (Basic Concepts) – Complete/Reviewed

Module 9B (Error Correction) – Complete/Reviewed

Module 9C (Acct Changes) – Complete/Reviewed

Module 9D (Fin. Statements) – Complete/Reviewed

Module 10 (Inventory) – Complete/Reviewed

Module 11 (Fixed Assets) – Complete/Reviewed

Module 12 (Current Assets/Liabilities) – Complete…not reviewed yet.

But where to go next?

Module 13 is huge – Present Value (inc. Bonds, Debt Restructure, Pensions, Leases, etc.)

I was thinking of saving that until the week of March 17th, when we will be out of town for Spring Break & I can really focus on it a couple of days.

If I do that…what are your suggestions for this coming week? SHE, Deferred Taxes, Investments?

I'm taking the test on 4/25/14. Just wondering for those of you who have already covered SHE & Investments…is that too much to take on in one week?

Thanks!

AUD - 82 (10/13)
REG - 84 (11/13)
BEC - 91 (2/14)
FAR - 81 (4/14)
(Wiley, WTB, Ninja Blitz)

I'm DONE!!!! Thanks Jeff & all the Ninjas out there who answered questions & encouraged me along the way!

[Wanna_B_TXCPA2014]

Gawd, Im right there with all of you who are getting beat down by month end. Come hell or high water Im done at 2pm today. So I will be able to get back in the mix. Im thinking 6hrs Sat & Sun. Jerry Mcquire voice “Who's comin with me?”

[Anonymous]

We don't submit our financials until tomorrow morning and then our 250+ sales centers get their individual income statements right after that. Then the emails and phone calls begin… “Which customer's caused my bad debt expense?” Me thinking: Well let me just glance at that report you get every month called your AR Aging and I can tell you and thanks for wasting MY time with this phone call. 🙁 Hoping to leave by 5:00 tomorrow and study all weekend. So I'm coming with you @wanna-B-TXCPA2014!

[How many letters do you need]

Thanks all, mom, oil. Not that misery loves company but glad to hear I am not alone!

Mom- I'll definitely post a few more specific things this weekend. Generally speaking, what's helped me is a conceptual understanding of the transactions. Keeping the cash transaction separate from the accounting transaction really helps me, as well as getting a process down. For example, when a bond is sold, the first step to me is always valuation. The value will help you determine if it's being sold at a discount or premium. Once you know that you have most of the JE, because you know the face value, cash value and discount/premium. Then I add anything that would be unusual (such as accrued interest if the bond is being sold between interest periods). I'll post some more on this with examples this weekend..

Oil gas I'm actually not scheduled yet. It's a gamble, I know, but I'm still waiting on the CBE to approve me. I think I'm good but would be lying if I said I wasn't a little nervous about it. That's what I get for being impulsive 🙂

MBA,CMA,CPA, CFF?, ABV?

[Author]

Replies