FAR Study Group April May 2017 - Page 101

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  • May 30, 2017 at 1:19 pm #1562515
    CPAIN2K17
    Participant

    hahahaw @wannafree that made me laugh. And yeah I haven't even been using the sims in my review course because the consensus was that they were not comparable whatsoever to the actual test. Just hoping I know the info well enough to have a fighting chance. At this time tomorrow I'll be reporting back lol.

    May 30, 2017 at 1:20 pm #1562518
    Wannafree
    Participant

    @Anthony now it seems you are lord of the FAR rings.Share some good tips .

    May 30, 2017 at 1:24 pm #1562521
    Jj
    Participant

    My best piece of advise would be skim the sim directions then to go the docs and work your way back to the sim when doing adj entries. Each email doc included is usually a required je

    May 30, 2017 at 1:36 pm #1562524
    Wannafree
    Participant

    Beantown23 ,so many people suggested and speculated lot of topics for SIMs like CPAIN17k shared a link to study ,did you find any of them useful e.g. link topic ?
    I have compiled some 56 pages JEs from Becker's and just going through that for Hail Mary pass.
    @MTaylo do you use the work workbook and worksheet interchangeably ? LOL

    May 30, 2017 at 1:37 pm #1562527
    mtaylo24
    Participant

    @cpain2k17 I don't know what it was, but It took me FOREVER to get through the MCQ. I can do a set of 20 in like 10 mins or less in Ninja or Gleim, I knew I was in trouble whenever it took me an hour to get through the first testlet.

    @wannafree with all of the switching between tabs, you probably can just go ahead and call it a workbook smh

    AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
    REG - 55 (2/16) 69 (5/16) Retake(8/16)
    BEC - 71(5/16) Retake (9/16)
    FAR - (8/16)

    May 30, 2017 at 1:43 pm #1562530
    Jj
    Participant

    @wannafree if I had my test tomorrow I wouldn't study anything besides adjusting je and preparing fs with the new adj. entries. That's just what I'll be studying next time for sure. Basically everything you think you should study, don't, and all the subtopics, study.

    May 30, 2017 at 1:44 pm #1562538
    Jj
    Participant

    @mtaylo I spent an hour on the second mcq testlet. Each question was legit half a page long.

    May 30, 2017 at 1:45 pm #1562539
    Wannafree
    Participant

    MTaylo how were your MCQ ?

    May 30, 2017 at 1:46 pm #1562542
    mtaylo24
    Participant

    @wannafree Not a lot of one liners. Not really like Ninja MCQ, closer to the Gleim questions but on steroids.

    AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
    REG - 55 (2/16) 69 (5/16) Retake(8/16)
    BEC - 71(5/16) Retake (9/16)
    FAR - (8/16)

    May 30, 2017 at 1:49 pm #1562545
    Anonymous
    Inactive

    Is it worth reviewing bonds, pensions, and leases?

    May 30, 2017 at 1:49 pm #1562547
    CPAIN2K17
    Participant

    @beantown well on the plus side it does sound like your difficulty increased for second testlet which means you did well on testlet 1

    May 30, 2017 at 1:50 pm #1562548
    aatoural
    Participant

    Ufff. I just want to cry and Im reading the summary of differences in IFRS and GAAP. Seems like nobody care about governmental no more (that was kind of my saving grace).

    Derivatives and cash flow hedge a “SUBTOPIC”? Im fried of it is.

    @mtaylo – just try to enjoy summer and let fate decide its course.

    BEC - PASSED
    AUD - 8/29/16
    FAR - TBS
    REG - TBS

    May 30, 2017 at 1:52 pm #1562551
    Anonymous
    Inactive

    Do you think this is worth reviewing for JEs? https://www.principlesofaccounting.com/illustrative%20entries/entrieslist.htm

    May 30, 2017 at 1:53 pm #1562554
    Anonymous
    Inactive

    HELPFUL VIDEOS


    https://www.youtube.com/channel/UCFrfqLAi2mrRLy4q26eQ0WQ

    https://www.principlesofaccounting.com/illustrative%20entries/entrieslist.htm

    May 30, 2017 at 1:56 pm #1562557
    Jj
    Participant

    @bhavin I would spend my last few days reviewing other things.

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