[jeff]

Resources:

Free Study Planner + FAR NINJA Notes (Governmental Accounting): https://www.another71.com/cpa-exam-study-plan/

FAR Exam Experience: https://www.another71.com/cpa-exam-forum/topic/far-exam-experience-official-thread

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[MCLKT]

@BNRHilton LSNYC, And JOCH – Goodluck you all!!!!

bnrhilton- I was thinking of you today 🙂 and almost started a thread to call you out and wish you luck 🙂

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

[ktaylo38]

Test on Thursday at 9am. I am studying governmental because of the horror stories, but does someone else have any other input on where I should put my brain?! Other chapters, I mean? I use Becker.

AUD - 87
BEC - 68; 78
FAR - 74; 81
REG - 76

Becker Self-Study for all. Supplemented REG and BEC (retake exam) w/ Wiley Test Bank and Wiley Text Book.

[MCLKT]

I think IFRS will be a biggie. I spent some extra time on it yesterday and feel much better.

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

[Anonymous]

I wish they would have a section just on IFRS on the test banks. would make it so much easier to study for it.

[Anonymous]

@MCKLT, how are you studying for IFRS? I have just tried to remember the differences between GAAP and IFRS, do you think that is sufficient enough?

Aw man.. I forgot the Oscars were tonight, guess I'll have to DVR it. No pain no gain!

[HustlinHustlin]

Wow. Just got out…

I have a feeling I'll be in the FAR family for a while. I feel terrible…and not terrible in the “that was so difficult” way but the questions just kept getting more basic and i just kept forgetting how to answer them because I was expecting other topics.

Oh well, what can I say… I didn't study nearly like i had planned and made way too many excuses. This has by far been the worst exam experience I have had.

HOWEVER!!! Keep powering through all of you -you have all been a million steps ahead of me so don't let my experience reflect your studying!

Im still in the damn parking lot, sooo im going to go home and grab a drink. Be back later.

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)

[peetree]

@hustlin'

I'm sure you did better than you think you did. Just be happy that you made it to the end of today alive! LOL

Watch the oscars and relax.

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

[MCLKT]

Husltin – drink one for me. I still have my fingers crossed for you ((hugs))

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

[MCLKT]

@cpahopeful

cpareviewforfree has 25 IFRS mcq that I think were helpful. Wiley book (2011, IDK if the new editions have it) has a summary of major IFRS v GAAP differences in the front and a detailed portion at the end of each chapter.

I created a spreadsheet using the first two. I may go through each chapter and just reread the summaries one last time.

Um…. I think I've been doing enough questions because I'm to the point where I hate every single word of every single problem and I want to punch my computer monitor, lol. Dear Lord, please let me pass the forsaken exam.

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

[Anonymous]

@Hustlin celebrate that its over, at least. were all rooting for you! enjoy the night and chug that beer

@MCKLT thanks, I have the wiley 2013 book and i have been reading the section in the beginning on IFRS/GAAP. I will probably go back and read each end up chapter summary, too.

I know what you mean on the questions, though. Each time a paragraph long question comes up …UGH. I especially lose my mind

[swanstju]

I took FAR yesterday. Overall I wasn't surprised by any topic. I used Wiley and Ninja Notes and felt like they were adequate coverage for the questions I received. I was particularly concerned that I wasn't prepared enough. I have been working 50+ hours per week for the last month and didn't really have much quality time for study. I can't really say that I noticed a difference in level of difficulty. Testlet #1 was what I consider medium, Testlet #2 medium, Testlet #3 medium. SIMS not too bad. One on a topic I haven't seen in a SIM before, but manageable. Felt confident I got the Research question. I had 2 hours 37 minutes left for the SIMS. I took my time, went back over them, didn't change anything and exited the exam with 27 minutes remaining on the clock. The fact that I completed the exam with so much time remaining scares me a little, but it is what it is now.

Now the wait….

REG - 75
FAR - 5/25/2013
AUD - 2013
BEC - 2013

[MCLKT]

@banks – sorry I missed your earlier question. I don't know about the sims no entry required choice. I'm just going to read and reread the instructions and hope it all makes sense on exam day. I really REALLY try not to leave anything blank.

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

[Anonymous]

Awwww hustin 🙂 u will be ok !!

Praying for you and far fam !!

I am so lost today , I started wih Nfp and realized I forgot so many topics 🙁 ..

Taking it easy!! 🙂

Good luck far fam 🙂

[MCLKT]

quick question far fam –

Are available for sale bonds reported at amortized cost or fair value?

I thought all AFS is fair value with unrealized gain.loss to OCI.

But Wiley says AFS Bond is at amort. cost.

Any help?

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

[Anonymous]

May be that question would be giving a hint that company intend to hold the bond until maturity

Is it a mcq ? Can u please write this mcq ?

[Author]

Replies