[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]

August 15th. Not ready

[jrosen92770]

First exam, right?

BEC - 5/26/2013 75
REG - 8/31/2013 82
AUD - 11/24/2013 74, 2/9/2014 92
FAR - 5/25/2014 85

NY CPA

[Anonymous]

Yes, first. I actually made an attempt to change my signature, but for some reason it didn't work

[jrosen92770]

If the success of the Q2 group is an indicator than you have nothing to worry about.

BEC - 5/26/2013 75
REG - 8/31/2013 82
AUD - 11/24/2013 74, 2/9/2014 92
FAR - 5/25/2014 85

NY CPA

[Anonymous]

Good luck Bobcat! Nerves are good, use them to your advantage.

DM

[Anonymous]

I don't know, my trending ninja mcq score is 74 and my confidence is somewhere around 48% or so. I am already emotionally prepared to try again in October

[jrosen92770]

You are very knowledgable of the material. I say go for it.

BEC - 5/26/2013 75
REG - 8/31/2013 82
AUD - 11/24/2013 74, 2/9/2014 92
FAR - 5/25/2014 85

NY CPA

[Anonymous]

Thanks! I hope I won't get too many of conceptual framework questions

[Anonymous]

Anna, based on what I've read in your posts, you seems pretty comfortable with the material. Like many of us, staying focused on the answer you know is correct and not being persuaded by the “noise” is always an issue. Stay true to what you know and stick to your gut and I'm sure you'll do very well.

One more thing – always, always go into the test center with a positive, no-failure-allowed attitude. A killer instinct, if you like. The test is difficult enough without the added pressure that comes with self doubt, You can do it!!

DM

[Anonymous]

Thanks dmende!

yes, I think I know most of important concepts, but those tricky questions really really do trick me, I get caught in every trap they set.

Thanks for the advice, I will try positive attitude thing

[HopefulCPA0601]

@bobcat good luck!!!!

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

[HopefulCPA0601]

@ahugemistake, good luck tomorrow!!!!

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

[Anonymous]

I keep getting confused with premium and discounts on bonds. Which increase with a credit and which increase with a debit? When the issuer issues a bond at a premium and CR Premium on Bonds Payable, what exactly is happening. What does that mean? If that makes any sense.

[pia ach]

I am getting confused with what to deduct and what to add in statement of cash flows section…in a question from WTB to calculate interest expenses

Accrued interest payable 17,000 decrease is deducted

Prepaid interest 23,000 decrease is added .

However as per my notes from becker the decrease in prepaid expenses are deducted and decreases in accrued liabilities added.

Can someone please explain

Finally done!!! Experience-pending. Ethics- Pending.
Reg 78 / 73/82.
Aud 74/89.
BEC 72 /78.
FAR 74/ 73/ 82.

[Guti]

Accrued interest payable 17,000 decrease is deducted

Prepaid interest 23,000 decrease is added .

Let’s say year 2 interest expense is 100K.

If I prepaid 23K of interest at the end of year one, and now on year two my PPD went down by 23K then I need to deduct 23K cause cash went out the door on year one, and 23K is the amortization of that ppd on year 2.

If I do an accrual of 17K on year 1 and then my accrual account is reduced of year two then cash went out the door on year 2,so you add 17k.

If they want to know interest expense (not cash) for the year then what they did is correct.

FAR-84
AUD-
REG-
BEC-

[Author]

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