[Q1] FAR Study Group 2014 - Page 159

Viewing 15 replies - 2,371 through 2,385 (of 3,728 total)
  • Author
    Replies
  • #527786
    rvcpa
    Member

    g/l on foreign translation adjustments go to oci right? i thought losses were recognized immediately on the i/s am I wrong? sorry i am so confused

    #527819
    rvcpa
    Member

    g/l on foreign translation adjustments go to oci right? i thought losses were recognized immediately on the i/s am I wrong? sorry i am so confused

    #527788

    gains and losses on foreign translations is OCI. you are right.

    losses on revaluation are what is on the income statement.

    BEC: 65 - 79* - 84 DONE
    AUD: 65 - 76 DONE
    REG: 63 - 77 DONE
    FAR: 65 - 63 - 67 - 69 - 73 - 71 - 83 DONE

    Becker Notes & Flashcards, Wiley Test Bank, Ninja MCQ

    #527822

    gains and losses on foreign translations is OCI. you are right.

    losses on revaluation are what is on the income statement.

    BEC: 65 - 79* - 84 DONE
    AUD: 65 - 76 DONE
    REG: 63 - 77 DONE
    FAR: 65 - 63 - 67 - 69 - 73 - 71 - 83 DONE

    Becker Notes & Flashcards, Wiley Test Bank, Ninja MCQ

    #527790
    rvcpa
    Member

    HopefulCPA0601- thank you that clears things up

    #527824
    rvcpa
    Member

    HopefulCPA0601- thank you that clears things up

    #527792
    samdiegoCPA
    Member

    @Zack I guess problems with acquiring entities with depreciation and such… I'll post a question here when I get to one! Re-writing the notes got me confused.

    Everything is reporting at FV!

    AUD: 84
    REG: 84
    BEC: 79
    FAR: 83

    #527826
    samdiegoCPA
    Member

    @Zack I guess problems with acquiring entities with depreciation and such… I'll post a question here when I get to one! Re-writing the notes got me confused.

    Everything is reporting at FV!

    AUD: 84
    REG: 84
    BEC: 79
    FAR: 83

    #527794
    Mel
    Participant

    I DONT WANT TO STUDY!!! But I have to…..Sigh…..back to work!

    #527828
    Mel
    Participant

    I DONT WANT TO STUDY!!! But I have to…..Sigh…..back to work!

    #527796
    lvr21
    Member

    I feel like I know all of yall! Haha..

    Back in college all of us accouting students would get together before a test in class room and work through problems and try to explain things in a language we understood…. I feel like I'm back in college…

    I have put faces to everyone that posts frequently! Haha!

    …. I know … silly post.. but something has to keep me sane!

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

    #527830
    lvr21
    Member

    I feel like I know all of yall! Haha..

    Back in college all of us accouting students would get together before a test in class room and work through problems and try to explain things in a language we understood…. I feel like I'm back in college…

    I have put faces to everyone that posts frequently! Haha!

    …. I know … silly post.. but something has to keep me sane!

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

    #527798
    samdiegoCPA
    Member

    Haha, I rarely studied in college. I have studied more for the CPA exam than I have for my Bachelors and Associates combined (two degrees I got separately of one another).

    I thought I updated my profile picture but it isn't showing up. I wanted it mostly so people know I am female 🙂

    AUD: 84
    REG: 84
    BEC: 79
    FAR: 83

    #527832
    samdiegoCPA
    Member

    Haha, I rarely studied in college. I have studied more for the CPA exam than I have for my Bachelors and Associates combined (two degrees I got separately of one another).

    I thought I updated my profile picture but it isn't showing up. I wanted it mostly so people know I am female 🙂

    AUD: 84
    REG: 84
    BEC: 79
    FAR: 83

    #527800
    Anonymous
    Inactive

    I am testing on 2/29, opps 2/28 rather.

    I swear, I am going to watch Son of God movie after my test!

Viewing 15 replies - 2,371 through 2,385 (of 3,728 total)
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