[Q3] FAR Study Group 2014 - Page 157

Viewing 15 replies - 2,341 through 2,355 (of 2,797 total)
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    Replies
  • #599839
    CPA50
    Participant

    Iggy – that's our new Mantra – repeat after me – better to make the mistakes today then on Tuesday! Have you done the 7 deadly SIMS yet?

    I can't access the authoritative literature to practice research questions. Darn – here's hoping they're easy to find on test day.

    AUD 88 (expired), 80 retake
    FAR 64,69,67,73,67,73,73,73, August 3
    REG 75 (expired) September 7
    BEC 72, 77

    The adventure continues...

    #599840
    D C
    Member

    Unrestricted: 50k

    Temp Restricted: 17k

    Perm Restricted: 500k

    I don't get why they couldn't use the unrestricted funds to purchase the art. The donor stipulated that art could be purchased with earning, but why do we “have” to use that when there are unrestricted funds available also?

    B - 80
    A - 71, 67, 77
    R - 71, 77
    F - 72, 77
    DONE!!
    Becker Self-study all the way! Did use Ninja Notes & Audio for FAR.

    #599841
    jpowell31
    Participant

    ohhh the split…i was wondering…i thought i was reading it wrong! it's because the $50k is for operations rather than art acquisition.. it's still unrestricted so you'd think it wouldn't matter anyway

    #599842
    jstay
    Participant

    187 questions today. about 70% on all parts i tried, gotta watch for stupid mistake and practice time management.

    now to outline F3 later

    #599843
    D C
    Member

    ah ha.. something so simple… “to fund operations” not buy art…. i overlook these little things sometimes… this is def my weakest point…

    on that note about to start my 4th practice test, hopefully i can land in the 80s…fingers crossed…

    B - 80
    A - 71, 67, 77
    R - 71, 77
    F - 72, 77
    DONE!!
    Becker Self-study all the way! Did use Ninja Notes & Audio for FAR.

    #599844
    jstay
    Participant

    DC where are you getting there practice tests from? becker has two

    #599845

    my brain is mush, i think i need a tiny break. im not retaining anything right now. cut down a ton of my notes though and just have to finish reviewing govt/nfp tonight

    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

    #599846
    jpowell31
    Participant

    you can get one on gleim even if you don't use their software for $30 – they were free until last year.

    i've been doing well today but major low points over the past couple of days so i may spend more time studying tomorrow than i planned, stay up late, sleep in until i can't sleep anymore. read notes twice and head to the center. the 4:30pm test time is throwing me off but i have to get it to work FOR ME.

    i'm about an hour done from final run of NFP/Govt then am going to screen shot solutions of the harder SIMs, then combine all my Ninja flashcards, deleting all of the ones that i know off by heart now and printing my final review packet. maybe a couple progress tests here and there. i'm down to 6 handwritten cheat sheets and 35 typed notes. IFRS summary has scribbles everywhere and going to combine torn examples/statements from the book to glance over as well…oh and like 10 pages written JE's YIKES almost forgot.

    then i think i will go to a nice dinner and have a glass of wine and spend some time with the boyfriend before i leave for 5 days and all he remembers is this crazy shell of an irrational person who's been hoarding the dining room table for the past week.

    @cpahopeful where/how are you?!

    #599847
    jeff
    Keymaster

    NINJA has unlimited practice tests included…and sims…and MCQs 🙂

    https://www.another71.com/introducing-ninja-mcq-adaptive-learning-technology/

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

    #599850
    Anonymous
    Inactive

    I just looked at at the AICPA released questions from 2010 and one of the Sims had four tabs, one of which was for communications, i.e., an explanation letter. I haven't seen this in any of my practice Sims so far. Should we expect communication tabs in the Sim section of the real test?

    DM

    #599851
    D C
    Member

    i bought the 10 point package thing from Jeff.. he hustled me… no jk. Its worth it…do as many as possible… its good to get the test experience… i'm doing one per day..

    B - 80
    A - 71, 67, 77
    R - 71, 77
    F - 72, 77
    DONE!!
    Becker Self-study all the way! Did use Ninja Notes & Audio for FAR.

    #599854
    Guti
    Participant

    Dmende, back in 2010, the CPA exam was a lot easier cause the MC part was 70% of the grade and then you had a communication (memo) tab that was worth 10%. The remaining 20% was for simulations. I really hate my ex-wife and myself for not finishing this freaking exam back in 2007. FAR was easy as it can be. You could do 2000MC and read the book twice and you didnt have any problems passing.

    FAR-84
    AUD-
    REG-
    BEC-

    #599855

    and there was no 150 credit requirement back then. WHY is it so much harder now?! I also read that since the baby boomers are all at retirement more CPAs will be in demand.. so shouldnt they let us have a real shot at passing..

    sry blowing off steam after my brain just felt like mashed potato's for an hour. phew anger is gone. back to studying nfp/gov for a few more hours and then maybe sleep?

    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

    #599856
    jpowell31
    Participant

    for the communcation letter what topic was that? was it like a memo (like a writing section) or just another piece of info you needed to use to fill out the SIM?

    #599857
    Anonymous
    Inactive

    I remember reading that the exam had changed, but wasn't sure. Bummer that it got harder. Thanks, Gian.

    Jpowell, it was a separate tab in one of the Sims. The Sim had 4 parts related to AR allowances and journal entries, then a communication tab to explain to the CEO of XYZ Corp how consolidated FS work. In spite of it's outdated format, the content is still relevant.

    DM

Viewing 15 replies - 2,341 through 2,355 (of 2,797 total)
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