[Q3] FAR Study Group 2014 - Page 20

Viewing 15 replies - 286 through 300 (of 2,797 total)
  • Author
    Replies
  • #597742
    Guti
    Participant

    Guys, when you get a problem that shows a change from SL to double declining. I know is a change of Accounting principal and you treat it as a change in accounting estimate, but do you categorize it as a change in Accounting principal or change in Accounting estimate?

    FAR-84
    AUD-
    REG-
    BEC-

    #597743
    stoleway
    Participant

    Changing depreciation method is a A change in accounting principle that is inseparable from a change in estimate should be accounted for as change in estimate.

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    #597744
    Lidis
    Participant

    A chnge in depreciation in never an accounting principle

    #597745
    Anonymous
    Inactive

    @Gian yup I have gotten honest with myself as to why they are so low. I always had 2 weeks left to go through at least 5-6 chapters. Never redid all the Mcqs and Sims and only did 1 practice exam like the day before the exam. Clearly I was slacking and taking the exam lightly not anymore though.

    #597746
    Guti
    Participant

    2014CPA, Im glad you were not taking it seriously, I was afraid you were going to tell me that you were soring is the 80s in all pratice exams and then becuase of test anxiety you scored in the 50s.

    Thank you Revenue and Stoleway.

    FAR-84
    AUD-
    REG-
    BEC-

    #597747
    Delta_Diva_
    Member

    Gain- Yes, I'm taking it the first week of July. Hopefully July 1st. I purchased the Ninja notes to help with my study.

    FAR:68,71,70,72 (Rematch 7/2/14)
    AUD:88
    REG:76
    BEC:75

    #597748
    Guti
    Participant

    Mssolomon, have you tried a cram course? You are so close to passing so I was going to tell you to do it the first week of July,but you are already doing that.

    FAR-84
    AUD-
    REG-
    BEC-

    #597749
    Delta_Diva_
    Member

    Gian- I use Becker, cpaforfree.com and ninja notes currently.

    FAR:68,71,70,72 (Rematch 7/2/14)
    AUD:88
    REG:76
    BEC:75

    #597750
    Tarheelgirl
    Member

    MSsoloman – do you need different MCQs? To maybe change up the way things are being asked. You are so so close!

    FAR - 46, 79 (7/8/14)
    AUD - 56, 59, 2/23/15 3rd times a charm!
    BEC - 69, 74 Really??
    REG - April, I hope. Fingers crossed!

    #597751
    Anonymous
    Inactive

    Really going to work these next weeks to try to make this fourth my final attempt with FAR. I took it twice in 2011 and then in Q2 2014 to get a 71.

    I was using CPAExcel, but I think I took too long to study the material. I'm going to try to take it again early/mid July and am thinking about getting the NINJA MCQ so I have new questions to work through….

    #597752
    thwe77
    Member

    To be or not to be a CPA? I failed BEC scoring 71 just as I did 5-6 months ago. Also failed REG miserably. FAR is scheduled for Aug 29, but with the way things look now, I need to also retake these two in this 3rd Q as Audit is going to be expiring in September. Please tell me if this is still possible, really. I don't even know where or what to start with at this point. Should I study FAR first (since I've already paid for it) or should I retake the other two asap and leave July and August to study for FAR, but would that be enough time to study for FAR?

    Truly desperate here.. 🙂

    AUD - Passed! Expiring Sept 30, 2014
    BEC - 71, 71, must pass by 3rd Q
    REG - Failed badly first time.., must pass by 3rd Q
    FAR - Aug 31, 2014, must pass by 3rd Q

    #597753
    Anonymous
    Inactive

    I would focus on passing either BEC or REG. If I were you I'd use June to study for BEC and take it early July. Then move back to REG and try to take at the end of August.

    While it stinks to lose the money you already paid for FAR, you're close on BEC so I'd really push and try to get it under your belt. You can do it!

    #597754
    thwe77
    Member

    Thanks, Elle, but I must pass all three by August because Audit will expire in September. I would hate to have to lose Audit, so I will have to push for all 3 by the end of August.. just a question of which one first.

    AUD - Passed! Expiring Sept 30, 2014
    BEC - 71, 71, must pass by 3rd Q
    REG - Failed badly first time.., must pass by 3rd Q
    FAR - Aug 31, 2014, must pass by 3rd Q

    #597755
    Delta_Diva_
    Member

    Tarheelgirl, I might need new study material. On Becker practice exams, I score 81-85%.

    FAR:68,71,70,72 (Rematch 7/2/14)
    AUD:88
    REG:76
    BEC:75

    #597756
    Tarheelgirl
    Member

    Mssoloman – Heard NINJA MCQ was good and helped people get over that last hump. And its cheap!

    FAR - 46, 79 (7/8/14)
    AUD - 56, 59, 2/23/15 3rd times a charm!
    BEC - 69, 74 Really??
    REG - April, I hope. Fingers crossed!

Viewing 15 replies - 286 through 300 (of 2,797 total)
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