[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]

@Samdiego–I can help with bank reconciliations. My employees reconcile over 200+ banks daily and I help out whenever anyone is out. I know them backwards and forwards. If you have a specific questions, let me know.

@oilgas–I'm so sorry to hear that. NO MORE GOOGLING! Please keep us posted when you get your results.

@samiam468–The best advice I can give is to limit the time you spend on each section. Go through the material, but don't get bogged down taking notes (I have 100+ pages and it just overwhelms me). If you can get the Ninja Notes and the Ninja Audio. Listen to the Ninja Audio whenever you can and take short conceptual type notes as you go through the reading/MCQ into your Ninja Notes. Normally I am a huge note taker and it works, but there are so many little tidbits of information in FAR that you can quickly fill up notebook after notebook of notes. Read to understand and not write down every fact, If you're using Becker, the outline notes are very helpful. And be sure to set a date of when you will be done going through all the material so that you have time for reviewing and aren't learning new topics during review (again–my advice based on prior experience mistakes)

@RVCPA–Do you have a specific question about diluted EPS? I don't know if I'll be able to help, but I'm sure someone could explain it to you if they had a specific question.

[NYCaccountant]

No, DRD reduction is a reduction for dividends you receive from domestic private companies. It depends on how much of the stock you own. Municipal bonds are bonds from states. Interest from bonds from the federal government are taxable, states non taxable.

FAR - 93
REG - 87
BEC - 84!!!!
AUD - 99!!!!!! CPA exam complete.

[samdiegoCPA]

@CPAMommyof3 Thanks! What's funny is I used to do this at my old job monthly (before I had an Acct degree, I learned all I knew about accounting in my senior year of high school and somehow got hired in Accounting, haha) AND I do this daily with my own personal finances, but somehow I can't get the hang of it!. When I come across that section, I'll be hitting you up for help, or at least hints if I am still struggling. Always the easiest problems get me the most caught up it feels like.

Time for 50 MCQ.

AUD: 84
REG: 84
BEC: 79
FAR: 83

[teeteenounouche]

Feel better oilgaslb! Hoping for the best for you:-)

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[Anonymous]

Better the easy ones to trip you up than the hard ones, since you get more points for hard questions on the exam. 🙂

[Wanna_B_TXCPA2014]

Small victories today folks with stupid a$$ Govt Acctng…Last night's 65 has turned into an 85 today.

[samdiegoCPA]

Bonds. If a questions asks like “What is the CV at Dec 31?” This is AFTER you do all the fancy calculations correct? I guess this ties into any question… if they ask “What is the amount at Dec 31”, that means AFTER you do the calcuations?

Also, I remember seeing a question for depreciation that was like “Company used DBB for 5 years, then on December 31 switched to SL.” Do you do the DBB ON Dec 31 then switch or is it switched to SL for that whole year already?

STUPID DATES CONFUSE ME!

AUD: 84
REG: 84
BEC: 79
FAR: 83

[teeteenounouche]

samdiegoCPA, I just did a cap lease liab question with Dec 31 as the pay date and they wanted to know the balance at Dec 31…answer included payment made on 12/31. So, I guess they want the answer after all transactions…

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[Anonymous]

Can you post the entire question for the depreciation one?

As for the dates–If any adjusting entries are done, even if they are done on the 31st they are included in the December 31st numbers.

[lvr21]

I know I'm not in this group, but I think the two things that helped me pass financial were

Either the two days or the day before the test .. I did five question quizzes from every single section in the WTB to make sure I felt comfortable with each section. I didn't so awesome in every section and that is okay because everything can't be tested.

And I used the al in my simulations! I found the answer to one of the simulations pretty much word for word! I just had to change a few numbers around!!

Don't give up!!!!! You can and will pass!!!!

{R: PASSED!! (I passed one!)}
{B: PASSED!! (Halfway there!)}
{F: PASSED!! (1 left!!!)}
{A: PASSED(I am done!!)}

[teeteenounouche]

Thanks lvr21, we appreciate all tips 🙂 I will do the 5 question quizzes before my exam and practice the AL research for the SIMs

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[SpartanCPA]

Hope everyone is studying hard and doing well. This topic gets way too busy for me to keep up!

Less than a month away until I sit for FAR. I am working through all the MCQs and Sims again and currently working on F3 MCQs.

Planning to take my first final exam at the end of March! Hope all goes well!

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

[NJPRU]

So, I'm assuming some of you, many of you, have full time jobs like myself. How many hours during a work week do you typically study – and how do you stay awake to accomplish this? I ask because I work full time, come home, and try to study between 7-12am (my days start at 6am) – and coffee is beginning to not work so well, and kind of makes me more tired than not. Any suggestions?

Silly question, but I guess I want to know if I'm “over doing” it a bit.

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

IM GOING TO BE A CPA!!!!!

[samdiegoCPA]

Study at work 😉 I sleep 7-8 hours a night have meds to stay awake. You aren't sleeping enough. Even if you think you need to study that late, it isn't helping if you're struggling to stay awake! Cut it down to 3-4 hours after work (do some at work) and really go after it. Then go to bed at 10:30-11 if you're waking up at 6.

AUD: 84
REG: 84
BEC: 79
FAR: 83

[SpartanCPA]

@NJPRU studying hours is all relative to the person so there is no correct indication of determining if one is “over doing it”. At the end of the day, we as CPA candidates, put in the necessary hours, no matter how much, it takes to understand the concept.

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

[Author]

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