[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

[TaRenee]

I am also thinking about using the NINJA approach for FAR… the Becker way seemed to work for the other 3. But being that this is 10 chapters, I am thinking the NINJA approach will be better for FAR… at least, I hope so… because that's what I'm going to do, starting this Sunday!

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

[Anonymous]

sweet! glad to have NINJA method company on my quest to conquer FAR! I'm already done with F-4…ahead of schedule! F-5 tomorrow and Friday night…then F-6 and F-7 over the weekend…hopefully

good luck so1913 and TaRenee!

[ROACH]

What's the NINJA method for studying for FAR?

BEC: 66 | 69 | 7/23/2013
AUD: 8/28/2013
REG:
FAR:

[tiredcpacandidate]

@StephAV,

I'm in the same boat, standstill at my career and have been fighting to not have to finish exam. I'm also using Roger; are you going to do Roger method or NINJA? Roger's helped me with other exam's but I had more experience with those so I don't know if that helped or not. I've been dreading FAR forever.Good Luck to ya.

REG-75
AUD-76
FAR-7/1
BEC-7/26

[Anonymous]

Hey ninjas

I just sat for AUD which was my first exam experience. Am planning to take a 10 days off to get refreshed and have a clean mind to pass FAR am planning to take The exam in August

Good luck every one

[so1913]

I went ahead and rescheduled my exam for 8/12. I figured it was best because of the 1 week travel in July and the 7/31 date I had originally scheduled would miss the 1st wave of score releases and would put me through torture waiting for the second round taking it that early.

AUD - 90 Pass
REG - 70,61,81 Pass DONE DONE DOOOOONNEEE!!!!!!!!
BEC - 79 - Pass
FAR - 70,82 - Pass

[TaRenee]

@so1913 that sounds like a great idea!

Can't wait to get BEC next week, I really I hope I passed!

That way I can have some motivation to attack FAR.

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

[kkimi05]

I am really not looking forward to studying for FAR…i am planning to start this weekend…I am thinking of trying the NINJA method for studying. I have the becker materials…and am wondering how detailed should I be when taking notes while watching the videos? Don't want to write everything they say to highlight do i?

REG - 2/27/2013 - 78!!!!
AUD - 5/17/2013 - 72...Retake July 12th - 79!!!!
BEC - 8/29/2013 - 77!!!!
FAR - 11/14/2013- 72....Retake February 28th - 80!!! DONE!!!!

AICPA Ethics - 98!

[Anonymous]

kkimi05: I also have Becker… I don't think it would be beneficial to write what Becker says to highlight. I would write only what is necessary and in your own words.

I've already taken notes from the 2nd time i took FAR, so I'm personally just following along with those handwritten notes and then when it's time to REwrite notes, I'm using the NINJA notes.

[PiscesChista02]

Okay, so I'm reaaaaaaaaally struggling with the way Becker approaches this section. I'm trying to take notes while watching the lectures, but it's like I have to stop every few sentences just to make sure I got what was said (retention is still very, VERY low). I've even tried just watching the lectures without jotting (too many) notes, but that doesn't seem any more beneficial because I've always been the type to jot what I feel is necessary for an exam. Ugh! It's frustrating to say the least. In reading the material, I'm finding that the stuff they've said to highlight isn't much help to jot down and review after the lectures. >:-/ Anybody have any suggestions, or are you willing to share your approach to conquering this hellion of a section (especially if you're using Becker)? I'm almost tempted to come out of my own pocket to try another review course, but somebody believed in me enough to gift me with the entire Becker set. 🙁

"I do not promise you ease. I do not promise you comfort, but I promise you these WEARINESS, HARDSHIP, and SACRIFICE. And with that, I promise you VICTORY."-- Robert F. Kennedy

Maryland Candidate

FAR-- 2/21/2014 :-(44... Feeling like the class idiot; retake 5/2014)
REG-- 5/14
AUD-- 8/2014
BEC-- 8/2014

[Anonymous]

Hey everyone – jumping in here as I just started studying for FAR yesterday. I am waiting on an Audit grade and, Lord willing, this will be my last exam to prepare for. I am planning on taking the exam mid August unless I have to call an audible if my Audit grade isn't what I am hoping for.

@Pisces – is this your first section you are studying for? I know there is more Becker material here than in the other sections but really the lectures seem about the same as the other parts. To me the worst part of studying for a section is getting through the lectures. I have incorporated the NINJA plan of watching all lectures before working any questions, but I do not take my own notes while listening to the lecture. For me it's just easier to pay attention for the required video span and not have to stop and write things down.

After I have watched the lecture I am rereading the material and jotting down notes – nothing major or time consuming though as I just want to get through the material.

So my suggestion would be to just watch the lectures and soak in as much as you can. Then go back and really review hard and work lots of MC. I think once you do that you will be surprised how much you will retain.

Good luck everyone.

[Mike1987]

Hi everyone, quick question regarding change in accounting estimates. Is disclosure not required if it is immaterial? Also what if the change in estimate affects several future periods (like change in depreciation) but it is immaterial, does it require disclosure if that is the case? (Becker 2013 page F1-30) Thanks!

[mjp44]

Really quick question regarding retroactive application to changes in accounting principle or correction of error. With retroactive application you make the changes by adjusting the beg balance of retained earnings. However, do the carrying amounts of any accounts affected by the change/correction get adjusted as well?

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.

[Anonymous]

@ Mike

Becker pg 30 says that changes in depreciation of a line of assets would be material enough to warrant disclosure. Changes that are immaterial are not disclosed such as noncollectable accounts or inventory adjustments.

I would think an immaterial change that affects future periods would not be disclosed – materiality being defined as a fact that could change the decision making process of an investor.

[Anonymous]

@ mjp44: The affected accounts will NOT be adjusted because whatever adjustment they would've needed is already reflected in the adjustment to RE. If you adjusted RE in addition to the affected accounts, you would erroneously be making the needed adjustment twice. From that year on you would use the appropriate accounting principle as to avoid making another error in future periods.

At least…this is what i THINK…anyone else want to chime in?

[Author]

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