FAR Study Group January/February 2013 - Page 64

Viewing 15 replies - 946 through 960 (of 1,556 total)
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  • #400234
    MCLKT
    Participant

    Awe!!! Nam I <<33 YOU, lol.

    I may be able to take a long lunch tomorrow and get a couple extra study hours. We have deadlines to meet in the morning,so I just didn't have a choice.

    I'm in the central timezone, but I will probably be up 2:30 am eastern.

    Joch, I'm a night owl by nature. No matter what time I get up, my productivity is barely existent before 10 am, lol. I usually get the most done and at my mental peak between 6pm and midnight. Then I slowly fade, unless I have plenty of coffee/red bull nearby.

    POWERNIGHT FAR FAM!

    CPA1 – IDK how… I'm just going it over and over and praying that it is stuck in my brain somewhere and on test day it will present itself, lol.

    A:[73]97 F:[74]85 R:86 B:[74]82
    *NINJA 10 Pt. COMBO & Yaeger*

    #400235
    peetree
    Member

    The knowledge definitely sticks in your head somewhere….who knows where though ๐Ÿ˜€

    FAR 02/21/13 - 95
    REG 07/02/13 - 87
    AUD 08/02/13 - 94
    BEC 08/30/13 - 85
    Ethics Exam - 90

    Illinois candidate awaiting his license

    Used Becker Self Study | Ninja Audio | Becker Flash Cards | Ninja Notes | Wiley Test Bank

    #400236
    Anonymous
    Inactive

    Yeah it does, I think if you get the concepts down you should be fine on exam day. I always emphasize the use of note cards because they're such more presentable to read and look at compare to your notes on legal pads and the wiley books haha. Reading it every couple days also helps keep things fresh. I worry that I wont remember things on exam day though, Idky.

    #400237

    POWER NIGHT! POWER NIGHT! Finishing NFP notes and a bunch of MCQ – then it is all review from here!!!

    Planning date night tomorrow so my studying will have to be done at lunch and morning.

    New morning plan will be in full effect. Right now, my alarm goes off at 5 am – boyfriend goes into guest room to sleep. I usually lay there and lately just fall back asleep…

    Well, we got in a mini fight today when he came in 2 hours later and saw I was still asleep. It really makes me feel like a POS that he pulls so hard for me to be done to the point where he spends most time sleeping on the couch or gets up way earlier than he needs to so I can get something done…and what do I do?? Wait until he leaves the room and pass out again.

    So now, plan is…I get right up, leave the room, grab coffee on my way and study in the guest room. I think the change of atmosphere will be good for me.

    AHHHH! This window has just been….frustrating….because I did not maintain forward movement from the last two exams. I think taking December off was a terrible idea. I have not been able to fully commit myself to studying. Ugh.

    Another thing, I am going on a mini-vacation this weekend. I will be taking my whole set up with me and studying Saturday though and any other downtime I may have – so the only day I might miss is Sunday. TIME TO HUSTLE!!!!!!!!! Plan for the weekend is mainly to review the MCQ in the book, summarys and sample questions and to create JE flashcards.

    I have full faith in PeeTree, MCLKT and of course the homegirl NAM!! You guys have been killing it and so motivated!!!

    B 71 - 79 EXPIRED
    A 69 - 75 EXPIRED
    R 65 - 48 - 45
    F 56 - 61 - 65 - 64

    Becker, Wiley Test Bank, Wiley Text and Ninja Notes

    "The fish who keeps on swimming is the first to chill upstream" -311

    Experience - Done, like WAAAY done.
    Still need 30 more credits, in basket weaving (gotta love new CA requirements)

    #400238
    MCLKT
    Participant

    HUSTLIN!!! It's so refreshing to read your new plan! We still have 2 weeks to get er done. I'm glad to see you getting in gear. Try really hard not to lose that drive with date night and a mini vacay.

    Alright, starting the clock, be back in a couple hours!

    A:[73]97 F:[74]85 R:86 B:[74]82
    *NINJA 10 Pt. COMBO & Yaeger*

    #400239
    splinter1643
    Member

    Just wondering if anyone else has had a similar experience. I've been getting mid-70s to 85 on Wiley online practice questions, and generally 85-90s on Becker, but when I set out to re-do the problems again and take the practice exams at the back of the Wiley book, it's like I completely forgot everything! How do you overcome that? Is it possible I'm actually memorizing the problems and not really learning some of the concepts?

    CPA license in progress....

    #400240
    Anonymous
    Inactive

    Yayy hustin! its so good to see your post.. brings BIG SMILE on my face .. and trust me i have passed out so many times while doing leases & bonds .. err i know i know MCKLT loves Bonds lol .. and please be active in this thread

    @MCKLT : <3 u tooo – you are my motivation — ๐Ÿ™‚

    Alrighty – gona study for 2 hours and then zzzzzzzzz

    GOOD LUCK

    #400241
    yemdross
    Member

    How many times do i need to remind myself that stock dividend need to calculated retroactive when calculating WASCO..Ughhh, I missed so many questions because of this stupid mistakes..Does anyone know the easiest way to remember chapter 7 especially dilutive EPS & calculating WASCO..I can't afford to miss this piece of cake in the test!

    Powering through….

    I read somewhere yesterday and a serious question was asked…When life comes at you with ugly things like CPA, are you going to accept the disappointment as if you have already prepared for it ,dust it off then move on or are you going to cry like a baby and forget why you tried in the first instance…My answer, I am prepared, dust it off and try again!

    Happy studying!

    2014 experience..No more excuse, this is it!
    I CAN'T KEEP CALM UNTIL I BECOME A CPA

    #400242
    MCLKT
    Participant

    Yemdross you are so positive ๐Ÿ™‚

    ok, so WACC: try this…

    say 100 outstanding 1/1/x1 = 12/12 * 100 ===100 weighted

    issue 300 more 7/1/x1 = 6/12 * 300===150 weighted

    15% stock dividend 9/1/01 ===

    100 + 150 = 250 total weighted outstanding at time of dividend

    + (15%)*250 =37.5 weighted dividend shares

    ====287.50==== weighted average as of 9/1/x1

    issue 20 on 10/1/x1 = 3/12*20=== 5

    Total WA common stock 100+150+37.5+5 = 292.5 (that's your denominator) for BASIC.

    A:[73]97 F:[74]85 R:86 B:[74]82
    *NINJA 10 Pt. COMBO & Yaeger*

    #400243
    yemdross
    Member

    @MCLKT, thanks for the illustration, you have just nailed it for me…That 01/01/X1 was one of my issues, so I can just use 12/12* the outstanding CS to avoid confusion then I should be comfortable with other dates within the year..I should always note that my stock dividend is one year regardless when or how..I dont care!

    Powered UP!!!

    2014 experience..No more excuse, this is it!
    I CAN'T KEEP CALM UNTIL I BECOME A CPA

    #400244
    Anonymous
    Inactive

    Do you guys study Present Value solely as one topic? Or you guys learn it through bonds and leases?

    #400245
    yemdross
    Member

    Ok, good night or morning FAR FAM…unable to accomplish my goal to finish Chap 7, remain Cash flow MCQs..I will devote two hours at work tomorrow to knock this out today and make an effort to finish chapter 8 today as well..Let's see how it goes!

    2014 experience..No more excuse, this is it!
    I CAN'T KEEP CALM UNTIL I BECOME A CPA

    #400246

    Yemdross! I like the quote!!! It is so true.

    Thank you Nam and MCLKT! Sorry for my lack of activity on the board…sometimes I have to stay away from it because I see you guys killin it and it crushes my confidence!

    Doing relatively well on Govt and NFP – that section I know pretty well bc of working with it. However, government JEs will trip me up…

    20 more mcq on both then nightynight yall!

    B 71 - 79 EXPIRED
    A 69 - 75 EXPIRED
    R 65 - 48 - 45
    F 56 - 61 - 65 - 64

    Becker, Wiley Test Bank, Wiley Text and Ninja Notes

    "The fish who keeps on swimming is the first to chill upstream" -311

    Experience - Done, like WAAAY done.
    Still need 30 more credits, in basket weaving (gotta love new CA requirements)

    #400247
    MCLKT
    Participant

    Another successful Power Night! Good job everyone ๐Ÿ™‚

    Hustlin – I can completely relate. It's like, I don't feel like going to the gym when I haven't been keeping up, but as soon as I finally go… it actually helps me get back on track and I almost immediately feel better.

    I was ready to reschedule my exam, I'm so glad I brought those thoughts to the board, there is so much support here! We got your back, you can do this. Get amped… get angry… ATTACK, lol.

    Got my schedule set for the next 7 days and it feel so much more manageable when it's written out.

    Peetree, in your final review days you may want to write out some of your most helpful mnemonics, formulas, etc on one sheet of paper. Kind of practice writing it out quickly and kind of small. You will want to be able to do a “data dump” right when you start your exam. Write out your favorite helpful hints, but keep it small becuase you will need scratch paper for the exam. And if it gets full you have to turn it in to get another.

    Yemdross – Glad it helped!!

    CPA1Fresh – yes, my review material (Yaeger/Wiley) covers Present value as a separate topic and then again with Bonds and Leases.

    Finishing up Investments tonight (maybe some extra MCQ at work tomorrow). Then Financial Instruments tomorrow night.

    Sweet Dreams FAR FAM.

    A:[73]97 F:[74]85 R:86 B:[74]82
    *NINJA 10 Pt. COMBO & Yaeger*

    #400248
    Anonymous
    Inactive

    Tonight Valentines date with ‘pensions are gREEAAAAAT'

    Happy valentine FAR day

Viewing 15 replies - 946 through 960 (of 1,556 total)
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