[tmturner74]

Is it ok to start a FAR Study Group? I retook Audit yesterday and although I don’t have a gut feeling either way if I passed or not, I am going to start on FAR. I am using Becker self-study and purchased the Ninja Notes for FAR.

I am looking forward to reading a/b everyone’s progression. Good Luck!

 

Aud- 11/28/12 (72), 02/27/13 (72), 04/06/2013 77!!
FAR-tbd
BEC-tbd
REG-tbd

[Anonymous]

the PV factors should be given to you in problems where you need to use them….

[Anonymous]

the PV factors should be given to you in problems where you need to use them….

[Anonymous]

They should be given but its not a bad idea to learn the formula…Yaeger actually discusses this in the lectures…if it wasn't important I don't think they would mention it….

[Anonymous]

They should be given but its not a bad idea to learn the formula…Yaeger actually discusses this in the lectures…if it wasn't important I don't think they would mention it….

[Anonymous]

Just the thought of having to the (^10) part of the calculation on the calculator they give you is almost funny to me.

Now that we've actually talked about the formula enough I'll probably remember it. All the factors were given to me on REG and BEC when needed so that isn't at the top of my things to remember list.

[Anonymous]

Just the thought of having to the (^10) part of the calculation on the calculator they give you is almost funny to me.

Now that we've actually talked about the formula enough I'll probably remember it. All the factors were given to me on REG and BEC when needed so that isn't at the top of my things to remember list.

[MustPass1988]

Rogers didn't mention the formula & he also said the factors would be given to you. But I did see Yaeger briefly go over it. I'll circle back around to it if I have time before the exam but I'm going to focus more on stuff that will actually be tested.

AUD: PASSED [81]; Expired, retaking August 23rd
BEC: PASSED [83]; Expired, retaking July 11th
REG: PASSED [83]
FAR: FAILED [64]; Retaking May 23rd

[MustPass1988]

Rogers didn't mention the formula & he also said the factors would be given to you. But I did see Yaeger briefly go over it. I'll circle back around to it if I have time before the exam but I'm going to focus more on stuff that will actually be tested.

AUD: PASSED [81]; Expired, retaking August 23rd
BEC: PASSED [83]; Expired, retaking July 11th
REG: PASSED [83]
FAR: FAILED [64]; Retaking May 23rd

[Anonymous]

Writing 9 more pages of Ninja notes and I am done for the night..hope everyone's studying is going well. I studied a solid 4 hours today. Not too bad at all. Good luck guys!

[Anonymous]

Writing 9 more pages of Ninja notes and I am done for the night..hope everyone's studying is going well. I studied a solid 4 hours today. Not too bad at all. Good luck guys!

[sharp315]

@10key

To convert cash-based income to accrual, take your cash-based net income:

Add increases in current assets

Subtract decreases in current assets

Add decreases in current liabilities

Subtract increases in current liabilities

Conversely, to convert from accrual to cash-based income, take your accrual net income:

Subtract increases in current assets

Add decreases in current assets

Subtract decreases in current liabilities

Add increases in current liabilities

Hope this helps!

BEC: PASS
AUD: PASS
FAR: PASS
REG: PASS

[sharp315]

@10key

To convert cash-based income to accrual, take your cash-based net income:

Add increases in current assets

Subtract decreases in current assets

Add decreases in current liabilities

Subtract increases in current liabilities

Conversely, to convert from accrual to cash-based income, take your accrual net income:

Subtract increases in current assets

Add decreases in current assets

Subtract decreases in current liabilities

Add increases in current liabilities

Hope this helps!

BEC: PASS
AUD: PASS
FAR: PASS
REG: PASS

[Qlad]

@ sharp315..thanks, I had a big trouble doing cash to accrual and vice-verse.. I will do these mcq again to gain some confidence.

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Qlad]

@ sharp315..thanks, I had a big trouble doing cash to accrual and vice-verse.. I will do these mcq again to gain some confidence.

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Anonymous]

Sharp..thx for the the info I had known the cash to accrual rules but was trying to apply it to both cash to actual and accrual to cash not thinking it would be different. Makes sense. Thx for your help!

[Author]

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