[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]

Yep, if Diluted EPS > Basic EPS, then its antidilutive. Yes, they all have to be calculated separately

[jrosen92770]

Has anyone seen examples with BEPS that include contingent shares?

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

[Anonymous]

I've seen conceptual questions related to it…I actually posted a question asking what the relationship between EPS and Contingent shares was, when my old user name got blocked. I still don't know the answer haha

[jrosen92770]

According to Becker, they are part of basic calc. If conditions met by end of period those shares are included in BEPS as of beginning of period.

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

[jrosen92770]

Has anyone seen that bank drafts are excluded from cash under GAAP, but may be included under IFRS?

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

[Anonymous]

In regards to cash flows…or actual cash balance?

[jrosen92770]

Amanda – What did you think of the 2 cash flow SIMS in Becker? Of course, they were the direct method.

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

[jrosen92770]

Cash flows.

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

[Anonymous]

I actually haven't done them yet- I've done most of the sims in Wiley because Wiley actually grades them. I was planning on doing some Becker sims tomorrow though!

[jrosen92770]

All of them?

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

[Anonymous]

No, just a few.

For Cash flows I think the bank overdraft charge is included for GAAP but in the financing section

[Anonymous]

I've already done maybe 7-8 sims in Becker and probably 15 in Wiley.

[jrosen92770]

Ok, I will recheck.

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

[Anonymous]

[jrosen92770]

What do you think of the research questions in Becker? So far, very straight forward.

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

[Author]

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