[Q1] FAR Study Group 2014 - Page 131

Viewing 15 replies - 1,951 through 1,965 (of 3,728 total)
  • Author
    Replies
  • #527366
    Anonymous
    Inactive

    There is no way the WTB SIMS are a good representation of the real test. I am getting them correct too easily and I am not ready to sit for the exam at all. Any suggestions of where I can find better SIMS to practice?

    #527399
    Anonymous
    Inactive

    There is no way the WTB SIMS are a good representation of the real test. I am getting them correct too easily and I am not ready to sit for the exam at all. Any suggestions of where I can find better SIMS to practice?

    #527368
    NYCaccountant
    Participant

    @DonicaCampbell They are straightlining the amortization expense over the 15 year maturity period for the bonds.

    On June, year 6 – 5 Years have passed, so a third of the issue costs would be expensed ($2,000), which left $4,000

    ($6,000-$2,000=$4,000). Two thirds of issue costs are left when the bonds are retired , two thirds is 66%, 10/15 is 66%. Same thing.

    You should get 100% on those lol. They are very easy. The exam will be harder, much more confusing.

    FAR - 93
    REG - 87
    BEC - 84!!!!
    AUD - 99!!!!!! CPA exam complete.

    #527401
    NYCaccountant
    Participant

    @DonicaCampbell They are straightlining the amortization expense over the 15 year maturity period for the bonds.

    On June, year 6 – 5 Years have passed, so a third of the issue costs would be expensed ($2,000), which left $4,000

    ($6,000-$2,000=$4,000). Two thirds of issue costs are left when the bonds are retired , two thirds is 66%, 10/15 is 66%. Same thing.

    You should get 100% on those lol. They are very easy. The exam will be harder, much more confusing.

    FAR - 93
    REG - 87
    BEC - 84!!!!
    AUD - 99!!!!!! CPA exam complete.

    #527370
    lvr21
    Member

    Okay guys… in your last two weeks if in “final” review mode… what do you usually do? what's your schedule look like?

    What is something that you NEED to work on or that you want to do before your test to ensure you pass?

    I am for sure making an IFERS vs GAAP work paper!

    {R: PASSED!! (I passed one!)}
    {B: PASSED!! (Halfway there!)}
    {F: PASSED!! (1 left!!!)}
    {A: PASSED(I am done!!)}

    #527403
    lvr21
    Member

    Okay guys… in your last two weeks if in “final” review mode… what do you usually do? what's your schedule look like?

    What is something that you NEED to work on or that you want to do before your test to ensure you pass?

    I am for sure making an IFERS vs GAAP work paper!

    {R: PASSED!! (I passed one!)}
    {B: PASSED!! (Halfway there!)}
    {F: PASSED!! (1 left!!!)}
    {A: PASSED(I am done!!)}

    #527372
    Anonymous
    Inactive

    I definitely need to work on Bonds and Government and on finding some practice simulations that are closer to the real thing than WTB. 2 weeks until test day!

    #527405
    Anonymous
    Inactive

    I definitely need to work on Bonds and Government and on finding some practice simulations that are closer to the real thing than WTB. 2 weeks until test day!

    #527374
    Zackrampage
    Member

    Just finished rewriting bonds. Still must rewrite governmental and IFRS, and do more MCQ. Would like to rewrite JE's and practice Sims but dunno if time permits test is on Tuesday 🙁

    FAR - 62 , End of aug 2015
    BEC - 67, 67
    AUD - TBD
    REG - TBD

    #527407
    Zackrampage
    Member

    Just finished rewriting bonds. Still must rewrite governmental and IFRS, and do more MCQ. Would like to rewrite JE's and practice Sims but dunno if time permits test is on Tuesday 🙁

    FAR - 62 , End of aug 2015
    BEC - 67, 67
    AUD - TBD
    REG - TBD

    #527376
    rvcpa
    Member

    I am doing practice sims on becker. should I be alarmed I am getting most parts incorrect? sims are just another kind of beast.

    #527409
    rvcpa
    Member

    I am doing practice sims on becker. should I be alarmed I am getting most parts incorrect? sims are just another kind of beast.

    #527378
    Anonymous
    Inactive

    I heard Becker is harder than the real test and WTB is easier. You should be okay if you can get to the point of understanding the Becker SIMS. Keep practicing them and writing down how to do them. It should help you a lot.

    #527411
    Anonymous
    Inactive

    I heard Becker is harder than the real test and WTB is easier. You should be okay if you can get to the point of understanding the Becker SIMS. Keep practicing them and writing down how to do them. It should help you a lot.

    #527380
    Zackrampage
    Member

    I just read some aicpa 2013 released ques and got more wrong than I would have liked. So depressing. Help! 6 days yill exam 🙁

    FAR - 62 , End of aug 2015
    BEC - 67, 67
    AUD - TBD
    REG - TBD

Viewing 15 replies - 1,951 through 1,965 (of 3,728 total)
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