[Q2] FAR Study Group 2014 - Page 397

  • 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 - 5,941 through 5,955 (of 6,668 total)
  • Author
    Replies
  • #566508
    Anonymous
    Inactive

    Great! If I see one of those on the exam I shouldn't even bother 🙂

    #566509
    Anonymous
    Inactive

    Gleim SIM's take so Long to do…. this is going to be a all day process..

    #566510
    stoleway
    Participant

    With regards to cashflow, how do you treat dividend received from an investment?

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

    Mass-CPA

    #566511
    NJPRU
    Member

    Stoleway – IFRS or GAAP? 😛

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

    IM GOING TO BE A CPA!!!!!

    #566512
    Anonymous
    Inactive

    Isn't it in GAAP – added to Operating Activities

    IFRS is either Operating or Investing

    #566513
    Anonymous
    Inactive

    I think that its Operating or Investing (at least according to IFRS)

    #566514
    Anonymous
    Inactive

    Reallly reassuring that only 40% of what I am slaving over will appear on this exam. I have one more full day tomorrow. Just going to do multiple choice until I die. Any other suggestions? I just spent the last 2 hours writing out my flashcards on all the “key points” and must memorize in Becker as noted in Becker.

    I should really look at IFRS v GAAP too one last time. eeeek I wish I had like one more full week v. one more day!

    #566515
    stoleway
    Participant

    GAAP

    Im doing a ninja sim and jeff reported dividend received from an investee in Investment column.

    I thought it should be operating?

    If Jeff is reading he can check the simulation under the topic below, I really want to get to the bottom of this

    “Following are the condensed statements of financial position of Public Relations Associates”

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

    Mass-CPA

    #566516
    Anonymous
    Inactive

    ?? Really Stoleway.

    In my Rogers notes its say for GAAP its Operating Activities and also in the Gleim book i have…

    Opps hiya myself …

    #566517
    NJPRU
    Member

    110% sure that it's Operating for GAAP and Operating OR Investing for IFRS.

    I also looked at Becker and they agree with Gleim.

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

    IM GOING TO BE A CPA!!!!!

    #566518
    stoleway
    Participant

    I guess I will just ignore the solution in NINJA then

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

    Mass-CPA

    #566519
    Anonymous
    Inactive

    Stoleway – Have you done the Ninja Mcqs — do you find them difficult like how others have claimed it is more difficult than their review courses ?

    #566520
    stoleway
    Participant

    @Kenada

    I have not tried my hands on the ninja mcqs, im only utilizing the sims, there are lots of of mcqs in Gleim and I feel that's enough for me.

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

    Mass-CPA

    #566521
    NJPRU
    Member

    ^ too many lol

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

    IM GOING TO BE A CPA!!!!!

    #566522
    Anonymous
    Inactive

    The material definitely covers the 40% but I dont feel like it covered it quite as in depth as it was tested. A lot ( I mean A LOT) of the major sections that I spent the majority of time on, were either not at all, or barely tested. That section in the front of the Becker books that shows how the test is broken up, as far as percentages? Not applicable to this test. The weirdest part was that I felt like the sims were comparatively easy to the rest of the test. No curveballs, no surprises…much easier than the sims I had in REG and Audit.

Viewing 15 replies - 5,941 through 5,955 (of 6,668 total)
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