[Q1] FAR Study Group 2014 - Page 26

Viewing 15 replies - 376 through 390 (of 3,728 total)
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  • #525794
    kels417
    Member

    @LStevens….in the Becker book – Comparability and Consistency are listed as characteristics that apply to BOTH relevance and faithful representation. They call them “secondary characteristics”.

    Illinois
    Becker self study | Becker flashcards | Gleim | self written notes | WTB

    AUD - 74, 75 Passed! (Expires 1/2/2014)
    BEC - 78 Passed! (Expires 2/6/2014)
    REG - 70, 70, 72, 74, 76 Passed!!
    FAR - 72, 66, 69, 67

    #525734
    MintsRGood
    Participant

    @ kels417 You are ready to rock on the 2nd!!!!! 🙂

    The past 2-3 days have not been study schedule friendly, so here is my “hail mary” plan for the next 9 days: 60 hours of study, minimum of 100 MCQs per day+write up of incorrect responses, 22 pages per day of note recopy (goal of recopying twice), flashcards anywhere possible, and only Ninja Audio in the car. If I make the next 9 days as study intensive as possible, maybe I can make them the last days I'll ever have to study again!!! 🙂

    Death to FAR!!!!!!!!!!!!!!!!!!!!!!

    REG: 75 DONE 🙂
    AUD: 61, 71, 68, 92 DONE 🙂
    BEC: 76 DONE 🙂
    FAR: 72, 74, 79 DONE 🙂
    Licensed Michigan CPA 🙂
    -Some people dream of success...others wake up and work hard for it!!!
    -The cowards never start and the weak die along the way!
    -You better work, b***h!
    -Only those who dare to fail greatly can ever achieve greatly.-JFK

    #525796
    MintsRGood
    Participant

    @ kels417 You are ready to rock on the 2nd!!!!! 🙂

    The past 2-3 days have not been study schedule friendly, so here is my “hail mary” plan for the next 9 days: 60 hours of study, minimum of 100 MCQs per day+write up of incorrect responses, 22 pages per day of note recopy (goal of recopying twice), flashcards anywhere possible, and only Ninja Audio in the car. If I make the next 9 days as study intensive as possible, maybe I can make them the last days I'll ever have to study again!!! 🙂

    Death to FAR!!!!!!!!!!!!!!!!!!!!!!

    REG: 75 DONE 🙂
    AUD: 61, 71, 68, 92 DONE 🙂
    BEC: 76 DONE 🙂
    FAR: 72, 74, 79 DONE 🙂
    Licensed Michigan CPA 🙂
    -Some people dream of success...others wake up and work hard for it!!!
    -The cowards never start and the weak die along the way!
    -You better work, b***h!
    -Only those who dare to fail greatly can ever achieve greatly.-JFK

    #525736
    kels417
    Member

    About to take a practice exam. I think I'll take the Gleim one since it seems to be the most brutal study program and I haven't taken it before. Wiley is good for mcq, but their simulations are a joke. Here I goooo! Be back in 4+ hours to report my results and feelings.

    Illinois
    Becker self study | Becker flashcards | Gleim | self written notes | WTB

    AUD - 74, 75 Passed! (Expires 1/2/2014)
    BEC - 78 Passed! (Expires 2/6/2014)
    REG - 70, 70, 72, 74, 76 Passed!!
    FAR - 72, 66, 69, 67

    #525798
    kels417
    Member

    About to take a practice exam. I think I'll take the Gleim one since it seems to be the most brutal study program and I haven't taken it before. Wiley is good for mcq, but their simulations are a joke. Here I goooo! Be back in 4+ hours to report my results and feelings.

    Illinois
    Becker self study | Becker flashcards | Gleim | self written notes | WTB

    AUD - 74, 75 Passed! (Expires 1/2/2014)
    BEC - 78 Passed! (Expires 2/6/2014)
    REG - 70, 70, 72, 74, 76 Passed!!
    FAR - 72, 66, 69, 67

    #525738
    kels417
    Member

    Well guys, I'm not too disappointed in myself with my results for this Gleim exam. I'm actually somewhat excited!

    Overall 73.33% for mcq and sims were at a 56.31%. Testlet 1: 73.33%. Testlet 2: 66.67%. Testlet 3: 80%!

    Considering my sim scores were closer to 30-40% when I went through each study unit, I am pleased. And it looks like I'm right where I need to be with mcq. Now just need to review the 3-4 sections that I didn't do great on and I think I'll be ready to kick FAR's butt!!!

    Illinois
    Becker self study | Becker flashcards | Gleim | self written notes | WTB

    AUD - 74, 75 Passed! (Expires 1/2/2014)
    BEC - 78 Passed! (Expires 2/6/2014)
    REG - 70, 70, 72, 74, 76 Passed!!
    FAR - 72, 66, 69, 67

    #525800
    kels417
    Member

    Well guys, I'm not too disappointed in myself with my results for this Gleim exam. I'm actually somewhat excited!

    Overall 73.33% for mcq and sims were at a 56.31%. Testlet 1: 73.33%. Testlet 2: 66.67%. Testlet 3: 80%!

    Considering my sim scores were closer to 30-40% when I went through each study unit, I am pleased. And it looks like I'm right where I need to be with mcq. Now just need to review the 3-4 sections that I didn't do great on and I think I'll be ready to kick FAR's butt!!!

    Illinois
    Becker self study | Becker flashcards | Gleim | self written notes | WTB

    AUD - 74, 75 Passed! (Expires 1/2/2014)
    BEC - 78 Passed! (Expires 2/6/2014)
    REG - 70, 70, 72, 74, 76 Passed!!
    FAR - 72, 66, 69, 67

    #525740
    kels417
    Member

    Sorry again for double posting, but Gleim totally screwed me out of points for the simulations. I actually had a 69% on them and not a 56.31%. And if the hardest sim would have been dropped like in the real exam, I would have gotten an 80%!! Wow! Talk about a confidence booster! 🙂

    Illinois
    Becker self study | Becker flashcards | Gleim | self written notes | WTB

    AUD - 74, 75 Passed! (Expires 1/2/2014)
    BEC - 78 Passed! (Expires 2/6/2014)
    REG - 70, 70, 72, 74, 76 Passed!!
    FAR - 72, 66, 69, 67

    #525802
    kels417
    Member

    Sorry again for double posting, but Gleim totally screwed me out of points for the simulations. I actually had a 69% on them and not a 56.31%. And if the hardest sim would have been dropped like in the real exam, I would have gotten an 80%!! Wow! Talk about a confidence booster! 🙂

    Illinois
    Becker self study | Becker flashcards | Gleim | self written notes | WTB

    AUD - 74, 75 Passed! (Expires 1/2/2014)
    BEC - 78 Passed! (Expires 2/6/2014)
    REG - 70, 70, 72, 74, 76 Passed!!
    FAR - 72, 66, 69, 67

    #525742
    ItsStudyTime
    Member

    I finished reading the book and started reviewing my notes, making note cards, and doing WTB practice sessions on Friday. After hearing FAR hyped up so much, I'm kind of relieved by what I've seen so far. Maybe it's because I do financial accounting and reporting for a living and not tax or auditing, but FAR seems so much better than REG and AUD, and I'm so much more comfortable with the material.

    How does the FAR material stack up to the other sections for you guys?

    BEC - 10/01/2013 - 80 - Wiley books and test bank
    AUD - 10/21/2013 - 78 - Wiley books and test bank
    REG - 11/27/2013 - 78 - Wiley books and test bank
    FAR - 01/13/2014 - 79 - Wiley books and test bank, Ninja Blitz

    License Issued 03/17/2014

    #525804
    ItsStudyTime
    Member

    I finished reading the book and started reviewing my notes, making note cards, and doing WTB practice sessions on Friday. After hearing FAR hyped up so much, I'm kind of relieved by what I've seen so far. Maybe it's because I do financial accounting and reporting for a living and not tax or auditing, but FAR seems so much better than REG and AUD, and I'm so much more comfortable with the material.

    How does the FAR material stack up to the other sections for you guys?

    BEC - 10/01/2013 - 80 - Wiley books and test bank
    AUD - 10/21/2013 - 78 - Wiley books and test bank
    REG - 11/27/2013 - 78 - Wiley books and test bank
    FAR - 01/13/2014 - 79 - Wiley books and test bank, Ninja Blitz

    License Issued 03/17/2014

    #525744
    Anonymous
    Inactive

    Which chapters of FAR take disproportionately longer than other chapters? When I took REG, it felt like R3 took an eternity relative to other chapters. I'm trying to budget my time according to about 1 chapter per week. When I did that with REG though, R3 screwed me all up. Are there any chapters in FAR that are considerably longer / more challenging for most people?

    #525806
    Anonymous
    Inactive

    Which chapters of FAR take disproportionately longer than other chapters? When I took REG, it felt like R3 took an eternity relative to other chapters. I'm trying to budget my time according to about 1 chapter per week. When I did that with REG though, R3 screwed me all up. Are there any chapters in FAR that are considerably longer / more challenging for most people?

    #525746

    Would anybody please explain to me the foreign currency translation.

    What is the different between functional currency= local currency and funtional currency= reporting currency.

    I am really confused about those two

    Thank you and good luck on your tests

    BEC (11/02/2013)- 90
    AUD (12/06/2013)- 75
    FAR (01/04/2014)- 84
    REG 69, 74, (waiting for 11/23/14)

    #525808

    Would anybody please explain to me the foreign currency translation.

    What is the different between functional currency= local currency and funtional currency= reporting currency.

    I am really confused about those two

    Thank you and good luck on your tests

    BEC (11/02/2013)- 90
    AUD (12/06/2013)- 75
    FAR (01/04/2014)- 84
    REG 69, 74, (waiting for 11/23/14)

Viewing 15 replies - 376 through 390 (of 3,728 total)
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