[jeff]

FAR Resources:

Free FAR Notes & Audio – https://www.another71.com/cpa-exam-study-plan

FAR 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

FAR Score Release: https://www.another71.com/cpa-exam-scores-results-release

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

[NYIACCT89]

After reviewing for a week I took the first becker practice exam today and I scored a 77 (I think? – calculated: (MCQ Score)(.6) + (SIM Score)(.4)).

I'm pretty pumped considering before I took the practice exam I was expecting to score around 10 points lower considering how much I haven't reviewed.

For anyone who has used becker previously, were your practice exam scores indicative of how you did on the actual exam?

FAR - 7/1/13 - 98
AUD - 8/31/13 - 94
BEC - 11/23/13 - 89
REG - 1/13/14 - 86

Study Materials:
Becker - Online Course and Flash Cards

[Anonymous]

Hey everyone,

I am having some issues with F8-F9 governmental and non-profit accounting. I tried to look on YouTube for some good videos, but was unsuccessful. I was wondering if anyone had a suggestion as to a good reference tutorial for journal entries for governmental accounting.

Thanks!

[Mike1987]

@NYIACCT89. That is a pretty good score. Usually you should expect at least 10 points higher, but I personally use it as a way to time my self and figure out my weak areas. For the 2/3 other sections I've done my actual exam scores have always been about 20 higher.

[icanhazcpa]

Ugh made it through F8 and HATE the government stuff. Just going to try to beast through F9 tomorrow just to get through everything then review like mad until the 1st.

BEC - 83
FAR - 83
REG - 74, 78
AUD - 76

Becker Self Study

[mypetmeatball]

I love F4 for a few reasons. For starters, it's easier than F2 and F3. Secondly, there are a lot of HW questions. Seems kind of stupid to be happy about a lot of HW questions, but through logic and experience, you can pretty much deduce that more practice questions = more heavily tested. If the AICPA releases a disproportionate amount of questions on a topic that means they write a lot of questions on the topic. So hooorayyy for F4…I hope I get a lot of questions on the exam from that material (and zero from F2 and F3)

[mypetmeatball]

How much attention is everyone putting into Ch 4 Appendix I? Seems like a lot of material for very little payoff…I'm not sure how much time to spend on it.

[icanhazcpa]

@mypetmeatball I honestly am not even going to look at it. If there's one question about the retail method so be it. I'm running out of room in my head for this stuff and that appendix is not making the cut for me.

BEC - 83
FAR - 83
REG - 74, 78
AUD - 76

Becker Self Study

[CPA2B_NJ]

F2 has been hard for me to retain. Foreign Currency, Changing Prices, Contracts, etc. Any tips for you guys who have been able to retain the information?

FAR - 50, 78
BEC - 67, 72, 75
AUD - 72, 80
REG - 70, 85

To God be the glory! Forever, amen!

NJ License

[Anonymous]

Hey CPA2B_NJ!

I just finished these two sections in MCQs…I find that re-writing a very condensed version of the facts helps. I write the answers to questions I get wrong and it helps me retain it later….I also make connections that make sense to me in my head, like

constant dollar = inflation = what things “inflate”? PRICES… monetary items

current cost = appreciation = the only things that “appreciate” are non-monetary items

[CPA2B_NJ]

@CPA4birthdaypresent – Thanks for the tip! I'll try that.

FAR - 50, 78
BEC - 67, 72, 75
AUD - 72, 80
REG - 70, 85

To God be the glory! Forever, amen!

NJ License

[TaRenee]

Changed my test date for the fourth time 🙁 … I'm not changing it anymore… i'm sticking to my schedule! went out of town for the weekend, and completely threw me off. Sigh.. haven't even touched the sims and I started chapter 4 today.

Once I get done with Chapter 5… I'm going to go back through the hwk for the third time then attack the sims for chapters 1-5… I think at this point of going through the hwk so many times, it should help me with the sims!

REG [75] 02.27.13(1)
AUD [82] 04.15.13(1)
BEC [79] 05.29.13(1)
FAR [62] 08.26.13(1) [76] 02.24.14(2) - God is able!!! 🙂

Licensed NC CPA

[funtiks]

gov accounting just seems over my head…

FAR - 76*, 73, 85
BEC - 69, 72, 78*, 80
AUD - 72, 71, 90
REG - 71, 74, 85

AFTER 3 YEARS I'M DONE!!!

[kip_snoodles]

Does anyone want to show how smart they are and see if they can quickly explain Inter-company Inventory/Merchandise Transactions. I understand most other areas of this section, but I keep missing these inventory questions.

[Anonymous]

I second kip_snoodles' post…this is definitely a weak area for me.

Any help would be greatly appreciated 🙂

[mjp44]

@snoodles are you referring to consolidations? The way I view is if a parent sells inventory to the sub, any margin/profit the parent makes on any UNSOLD inventory most be removed.

The formula is:

Unsold Inventory

X Seller's (Parent) Gross Profit%

= GP to be elminated on books.

FAR- PASSED (11/13)
REG- PASSED (2/14)
BEC- PASSED (5/14)
AUD- PASSED (8/14)

If it's important to you, you will find a way. If it isn't, you will find an excuse.

[Author]

Replies