FAR Study Group April May 2017 - Page 42

Viewing 15 replies - 616 through 630 (of 1,619 total)
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    Replies
  • #1537804
    aatoural
    Participant

    @SallyCPA – Becker only has 4 DRSs in their course. What software has a lot of DRS? Does anybody know?

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

    #1537812
    Anthony
    Participant

    Probably Gleim. There like 20 units and I think within each unit has 1 to 2 DRS. It is probably the best investment I've ever made. If Becker has only 4 DRS, that kind of pitiful for the price that they are charging.

    If you can afford the price tag, get Gleim.

    #1537815
    aatoural
    Participant

    Thank you @Anthony

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

    #1537902
    mtaylo24
    Participant

    @SallyCPA, I group the material into 5 groups and I have been hitting each group 20 random MCQs at a time. By the time I make it through all 5 I am at 100 MCQs. It was rough last week, but the material is finally starting to repeat.

    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)

    #1537936
    Lexi
    Participant

    @turbosandwich Roger DRS was all I had to practice, they help but it really is so hard to follow on one screen when he's explaining. Maybe not as many tabs to review as Roger but very long tabs

    #1538172
    Jj
    Participant

    hello everyone,

    I have a question I was hoping could be answered here. Under IFRS when reclassifying liabilities from CL to LTL, my becker book says short term obligations expected to be refinanced on long term basis cant be classified as noncurrent, but NINJA notes says it can be classified as noncurrent. which is correct?

    #1538187
    aatoural
    Participant

    @Beantown23 – I also have Becker an in page F5-5 it explains that any debt that used to be CL that is expected to be refinanced with non-CL, can b reclassified as non-current unless it lacks the ability to do so.

    Do you have an old book by any chance?

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

    #1538193
    Jj
    Participant

    @aatoural I do have an old book. Thanks for clearing that up. I hope there aren't too many variations between the new/old. I know when going from cost method to equity method its treated prospectively now.

    #1538229
    SallyCPA
    Participant

    Kinda weird that Becker only has 4 DRS sims in their new software when DRS are being heavily tested in the new format..I also find it weird that the AICPA thinks that the DRS is the best way of testing intelligence. Anyways, does anyone find that some of the DRS sims in Becker (especially the gov one) doesn't even require looking at the documents but just having knowledge of the material

    #1538236
    Cruzer
    Participant

    Gotta love how the AICPA is as vague as it gets when it comes to IFRS in the CPA Exam Blueprint details. In other words they are stating, just know every difference there is on IFRS vs. U.S. GAAP and we will see what you got. Each section I am going through I am making a tab in an excel workbook on IFRS/U.S. GAAP differences and looking at it daily.

    #1538238
    aatoural
    Participant

    @Beantown23 – Also all deferred tax assets and liabilities are non-current ALWAYS. That used to be different as well last year. If I remember another I will post.

    @SallyCPA – I noticed that as well. And I like the fact that they added the Skills practice, but it sucks to have to play the explanation videos even if we got it right just to mark it for Becker Promise (just in case).

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

    #1538313
    rwglapalma
    Participant

    Local lurker here, anyone else having trouble logging into Ninja MCQ?
    I'm 18 days out and feeling less confident than I did a month ago.
    Thank you to everyone who has posted JEs and problems/solutions, it's all helpful, we got this!

    #1538658
    Anonymous
    Inactive

    All i can say to everyone for FAR – everything that i wanted not to come – it came and very much detail…this new exam is a beast and hard to put your best in every question due to being restricted at 4 hours – i have been following ya”ll but first time posting to help everyone – took it today – know DRS, NFP, R/E, S/E, C/F – pretty much everything which we hope wouldn't be on the exam…good luck all

    #1538670
    Wannafree
    Participant

    @BananaoverCPAna what is S/E ? Did you use Becker's 2017 ? What about IFRS?

    #1538677
    aatoural
    Participant

    Stockholders equity

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

Viewing 15 replies - 616 through 630 (of 1,619 total)
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