FAR Study Group January/February 2013 - Page 81

Viewing 15 replies - 1,201 through 1,215 (of 1,556 total)
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  • #400489
    Anonymous
    Inactive

    ummm i know quasi reorganization, is a accounting form not a legal form. basically its a fresh start , wiping your deficit RE to 0.

    how long .. errr till RE is not negative ๐Ÿ˜€

    #400490
    peetree
    Member

    3-10 years and you have to label retained earnings as of the date the quasi reorg happened

    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

    #400491
    Anonymous
    Inactive

    MCKLTT?? are you studying??? Just checking LOL

    planning to finish chapter 2 ( SMH Installment sales are easy points but i always forget something or other..: /)

    #400492
    Anonymous
    Inactive

    Peetree: ๐Ÿ˜ฎ wow i dint know!! thanks back to books

    https://media.tumblr.com/tumblr_mb79wa1sq11rtc9of.gif

    #400493
    yemdross
    Member

    For becker, in the authoritative literature question in Chapter 2..The question was asking for guidance to identify Development stage entity, when you search the codification..There are two different possible FASB codifications for this question 915-205-20 and 915-10-20…. Which one is the best answer?

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

    #400494
    LSNYC
    Member

    Just checking in….Taking a quick break to do the dishes and say hey! When you break consists of doing dishes you know you lead an exciting life ๐Ÿ™‚

    A - 61, 91!!
    B - 78!
    F - 76!!!
    R - 71, 73, 74, 69, 77!!!!

    Finally done!

    This is my 2nd attempt at the exam, I had two parts passed (failed many) and I stupidly quit, big mistake. Now I'm back and with a vengeance!

    #400495
    gobias
    Member

    @yemdross that one had me confused as well. The answer is in the glossary which is presented in several different places. I would hope that any of the citations would be acceptable.

    F - 86
    R - 90
    A - 97
    B - 91

    #400496
    MCLKT
    Participant

    GOOD LUCK TOMORROW PEETREE!

    LSNYC – so glad you are here ๐Ÿ™‚

    There's a huge snow storm headed my way tonight. I had to go grocery shopping (um, first time in like a month, no joke) and reorganize the garage to get my car in ๐Ÿ™‚ Everyone at my office has all but called in already, lol.

    Just popped the top on a Red Bull and I'm ready for a Power Night. I have about 4 hours to get in tonight.

    PS I got the quasi-reorg question right!

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

    #400497
    LSNYC
    Member

    Morning!

    So I wanted SO bad to get up early and study but it just didn't happen. So instead i am going in to work ‘on time' and studying for 45 min now. Not a lot but its something. I usually go in about an hour early to get stuff done at work, but I decided today, tomorrow, and Monday I am going to go in regular time. We aren't to busy this week (I am not in public) so working a 9-10 hour day instead of 10-11 isn't going to kill us. Plus my boss is pretty understanding.

    @MCLKT – Stay safe, make sure everything is fully powered encase you lose power and still need to study ;)!

    A - 61, 91!!
    B - 78!
    F - 76!!!
    R - 71, 73, 74, 69, 77!!!!

    Finally done!

    This is my 2nd attempt at the exam, I had two parts passed (failed many) and I stupidly quit, big mistake. Now I'm back and with a vengeance!

    #400498
    peetree
    Member

    Excited and nervous all at the same time. GOOD LUCK @GOBIAS

    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

    #400499
    sali25
    Member

    GOOD LUCK PEETREE ๐Ÿ™‚

    FAR: 88
    REG: 81
    BEC: TBD
    AUD: 11/30/13
    "Efficiency is doing things right. Effectiveness is doing the right things" Peter Drucker

    #400500
    gobias
    Member

    I just got back from the exam and do not feel good about it at all. MCQ's were meh. For me, the testlets got harder, but I don't think it was because they were higher difficulty. Just bad luck. I was tested heavily on topics I did not expect to be covered so thoroughly, and the ones I did expect/studied the most for hardly showed up.

    Timing wasn't an issue as I had an hour and 45 minutes for the sims. I at least had an idea of what to do on all of them except one, where I was mostly guessing. However, I didn't feel overly confident about any of the others.

    Good luck peetree! I hope it goes better for you than it did for me!

    F - 86
    R - 90
    A - 97
    B - 91

    #400501
    wizards8507
    Participant

    Some of y'all are unbelievable.

    Another71 Logic:

    Studying is more important than spending time with my family, but I'm going to spend hours on this message board.

    Priorities much?

    NY CPA

    #400502
    Anonymous
    Inactive

    All the best Gobias

    #400503
    Anonymous
    Inactive

    I am scared ๐Ÿ™ especially after reading gobias experience …

    i cant concentrate at work. omg feeling restless. i wana run awayyyyyyyy . omg omg god please help me ..:

    :”””(

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