Thanks. I focused on government today…watched the videos, took more notes, and did all the WTB questions. I did all the “Not seen yet” MCQ and SIMS for all the areas I previously studied, went back to government to do the “Got wrong more than 1 time” and I scored 80s and 90s. I may have conquered government! We'll see when I go back to it later in the week to see what I've remembered. I moved on to deferred taxes and I'm in the second hour of that lecture, but it is SO boring. I think I'm going to stop with the lecture and start the MCQs. What are you guys working on?
I put in 2 last night…about 9 so far today…planning on 2 more at this point. Tomorrow is going to be less productive than I hoped – taking my parents to see the wedding venue we chose, plus church in the morning in the first time in way too long. That usually has me gone about an hour – 1.5. Not to mention that means I have to shower first thing in the morning! Maybe I'll wake up extra early, study from 6-8, then again after festivities from 1-5, then at night from 9-10? Oh we'll see how this goes…. :-/
I'm done with patents, trademark, franchise accounting, software, goodwill and prepaid expenses.
My back and neck are killing me and my eyes are heavy. its also taking me forever to review these chapters compared to all the other sections I have taken, but its worth it.
Moving on to payables and deferred taxes tomorrow. Happy power weekend to y'all.
Guys we need to love and embrace BONDS from the bottom of our heart. If I am going to retakeFAR, I will go back to my Intermediate Accounting textbook and master all the information, suck up ALL the pro-forma JEs inside my throat and let them go through my intestines, small and large. Oh,I will do the same with CONSOLIDATION.
@NYCAccountant–You may want to delete that second sentence. Jeff put out a message a day or two ago in the score release that the AICPA sent him a warning about disclosure policies from these forums.
Tootsie, as you go through the IFRS and GAAP differences in each chapter, just get familiar with them, but don't stress too much. In F10 there is an entire lecture/section on all of the differences (its a pretty dry lecture to listen to, however, in the book (in F10) there is an excellent table with all of the differences from each chapter listed). I reviewed that table pretty heavy the day before I went in for my test, and then also right before I went in. Make sure you know them – I believe that IFRS is going to just get heavier and heavier in our testing.
I did find the memorization of the differences much more fluid once I had the GAAP method fully understood in my mind.
REG - Nov 4, 2013: 88
FAR - Feb 27, 2014: 86
AUD - April 5, 2014: 91
BEC - May 6, 2014: 83
Florida CPA 24 July 2014
(Done in seven months - thank you Jesus!!)