[jeff]

Free Study Planner, Notes, Audio, Flashcards: https://www.another71.com/cpa-exam-study-plan/

Free CPA Exam Survival Guide: https://www.another71.com/cpa-exam-survival-guide/

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

[Anonymous]

hoping to finish F10 by wednesday so I can start my review process.

[LeAnne]

I am new to this group and look forward to any encouragement 🙂

I have begun my studying and have quickly become overwhelmed to say the least. I am learning at how much material FAR has to offer and how much I need to relearn again 🙁

I am currently using the Becker review course but I am wondering what NINJA materials helped you the most. I am looking for some supplemental review material and am not sure if it is needed or will it be too overwhelming.

Thank you for any advice.

FAR – 8/9/14

AUD – NOV 2014 (Hopefully)

REG – FEB 2015 (Hopefully)

BEC – MAY 2015 (Hopefully)

FAR - 8/9/14
AUD - NOV 2014 (Hopefully)
REG - FEB 2015 (Hopefully)
BEC - MAY 2015 (Hopefully)

[RandomAlt]

Does anyone have any good tips for differentiating between a cash flow hedge and a FV hedge? I cannot get this for some reason.

FAR - [10/07/2013 --> 66] [07/07/2014 --> 86]
BEC - [08/31/2014 --> 86]
AUD - [11/24/2014 --> 88]
REG - [02/14/2015 --> 92]

[ahugemistake]

Randomalt what are you stuck on in particular since it is a pretty broad topic, as far as I know the question usually tell you if its a fair or cash flow hedge. A fair value hedge will be based on a firm commitment, and a cash flow hedge will be based on a futures transaction. Gains/Losses from a FV hedge will be recorded in net income. Gains/losses from CF hedge are divided into ineffective –> net income and effective portion —> OCI

FAR - 78*
AUD - 66, 79
REG - 73, 76
BEC - 79

[ahugemistake]

@leanne

What you are feeling is totally normal. The wrong thing to do here would be to give up now. Becker is a great course and many have passed using it alone, if you want to add Ninja, I would suggest getting the MCQs and then later adding the BLITZ/audio for the review.

Goodluck!

FAR - 78*
AUD - 66, 79
REG - 73, 76
BEC - 79

[riascheme]

Hey y'all I need advice and this seems like the right place! I have just finished F1 (running on a Fast Pass schedule hopefully), and want to take FAR in July. However, I am traveling for 2 weeks at the end of June. How should I plan around this? I was thinking of getting through all the lectures before I leave, bring some flash cards on the trip, then re-review for 1-2 weeks when I get back so I can take FAR by early-mid July.

Does anyone else have suggestions? I am using Becker. Thanks in advance!

[LStevens225]

Do you ever get hung up on a concept and can't move past it? Ninja notes says NRV is Selling price minus selling costs… Wiley says NRV is FV minus selling costs. Would you say selling costs is the same as FV? Or is one wrong?

Thanks!

[nosleep]

@riascheme sounds like a solid plan. I definitely recommend sticking to flash cards towards the end. This helps nail down the important concepts. It might not guarantee you 100% but it helps insure you know the important stuff thereby increasing your chances of passing.

AUD - 74, 90
FAR - TBA

[Kenada]

LStevens225 – I think you are looking at inventory right.

For the exam and this is how they will ask you questions on Lower of Cost or Market Value.

1. NRV (Selling Price – Costs to dispose of the goods)

2. Replacement cost

3. NRV – Normal Profit

I have Wiley too and I just followed how it was written in the Ninja notes. Once you start doing practice questions on this – it will become more evidence to you.

CA Candidate. 05/27/2014 ~ 786/110
I am done!!

[Anonymous]

LStevens225 – I think you are looking at inventory right.

For the exam and this is how they will ask you questions on Lower of Cost or Market Value.

1. NRV (Selling Price – Costs to dispose of the goods)

2. Replacement cost

3. NRV – Normal Profit

I have Wiley too and I just followed how it was written in the Ninja notes. Once you start doing practice questions on this – it will become more evidence to you.

[159357]

Hi all,

I have decided to start studying for FAR irrespective of BEC results.

I have access to Roger lectures but not to material. I have been using Becker till now for Reg, Aud and BEC which worked pretty well for me. But for FAR, I am having a tough time listening to Tim Gearty. So, I am thinking I'll listen to Roger's lectures and study Becker book and do becker questions. Is this a good idea? Or do you guys think I'll end up nowhere with this approach?

[Anonymous]

I used Rogers for FAR – he is pretty good. I did listen to his lectures and then do practice sessions on that chapter.

I think your approach is okay but when you are learning Mnemonics make sure you stick to one type. Like if you like Becker's better use it and remember that . If you like rogers then use his. Don't try to remember both as you might get muddled.

[159357]

Brainfarts,

I have made my own mnemonics till now. I usually make alliterations to remember stuff 🙂

But I might follow Rogers for FAR. I've heard to his lecture on leases. He repeats his mnemonics so many times that they stay in your mind.

Thank you for the suggestion.

[159357]

Oh, so not having the Roger book shouldn't be a problem. Right? @ Brainfarts

[Anonymous]

No it should not be because you see the book on your right hand side. So you can read that if you like.

Most of the time I would watch his lecture and stop the video where he says to highlight something or note something. I would scribble stuff onto my note book.

He uses the white board alot so I would basically focus on what he is doing.

Then later on I would read his book just to refresh what I learn but that you can do with becker.

They are both going to teach you the same thing – the concepts are the same.

[Author]

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