[Q3] FAR Study Group 2014 - Page 39

Viewing 15 replies - 571 through 585 (of 2,797 total)
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  • #598031
    Tootsie
    Member

    Finally finished with bonds. Gonna do the optional leases/bonds questions and go over the sims again tomorrow. How's everyone enjoying the warm weather? It was so hot in Boston today.. in the 80s, but felt like the 90s! Back to the 70s on Thursday…:-)

    FAR - 76
    AUD - 88!!! DONE!!!!!!!!
    BEC - 76
    REG - 77

    never, never, never give up

    #598032
    Anonymous
    Inactive

    Ok I m freaking out. Reviewing F6 and DTL and DTA driving me crazy.. I thought I understood those concepts in the first go but i guess not. My review of Govt non profit did not go as well as I was hoping!! Exam in scheduled for July 14. I am beginning to loose my confidence. Any suggestions? How do I proceed? I still hv to review F1-F5..My plan is finish my review by June 30 and then spend a day a chapter redoing all MCQs till July 10. And then 3 days before exam just focusing on IFRS, and redoing MCQ sections I hv not scored well on. Does this sound like a good plan?

    #598034
    nicole2035
    Member

    @riascheme you don't mess with expense for anything unless you are getting a direct refund from a company, or you're making some kind of adjustment from an error. Expenses show what you have paid in relation to your business. So if you've already prepaid 50k, that means the 50k is just that..a prepaid and you have to expense once it's due.

    @2014 CPA if you can do that, then awesome, but be careful to not burn yourself out, i think a good steady pace will work awesome for that game plan. If you cram too much, you will get fried and you will start memorizing mcs.

    Overall my game plan for the next 14 days is nothing but MC and rebuilding notes just from those because there is no way i can go back through and listen to audio and retake notes again, write out notes, blah blah blah. not doing it. Actually studying from MC was very relieving because i feel less penalized when i get it wrong.

    I feel very under prepared with Gleim, very.

    #598035
    Tarheelgirl
    Member

    @Tootsie – It was 97 when I left work at 5 today here in NC. Supposed to get even hotter as the week goes on but possible thunderstorms of course. I enjoy it until the humidity gets terrible.

    @2014CPA – Gian posted a really good link to a power point explaining DTA/DTL on page 2, I think. It sure helped me break things down.

    @Nicole – I have Gleim also and felt the same way when I first took the exam. Gleim is just very detailed in everything, where WTB and NINJA MCQ will barely cover some of the topics. I am now just reading the Gleim text and doing the SIMS in the book. Their SIMS are more in depth and like the exam than WTB and NINJA.

    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!

    #598036
    Tncincy
    Participant

    @tootsie, I am still working on bonds, did a little government as well today. I did better on government than bonds. I am hoping we won't have to do a some time of amortization table. Bonds just seem so tedious. I have been working all day. I feel good about progress, but I know it is 7-8 hrs everyday til exam day. I had to stop lurking on the site as well, because I was loosing too much momentum trying to keep up with the group conversation.

    Oh well, back to studies, I'll check in again tonight to see what's going on…..:-))

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #598038

    @Tootsie I see you are in Boston I know you are reviewing but I am around the area is there is any chance you can help with my last post!

    #598040
    CPAfit
    Participant

    @r.agboola I am willing to help. what pages you need? I am at work right now as soon as I get home I can help you

    #598041
    jeff
    Keymaster

    If you're a student of theirs, contact them directly to arrange getting a new book or an electronic copy.

    Scanning/sharing pages has copyright issues.

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

    #598042
    Tootsie
    Member

    Question: Is accrued interest expense and accrued interest payable the same thing? As I see it, after each payment, interest accrues. And interest expense is the interest from the issuance of the bonds to the end of the fiscal year, regardless of payments?

    FAR - 76
    AUD - 88!!! DONE!!!!!!!!
    BEC - 76
    REG - 77

    never, never, never give up

    #598043
    Tncincy
    Participant

    @tootsie,

    Not sure I understand your question or comparison, but interest expense is the interest paid when money is borrowed from loans. interest paid to bondholders is also an interest expense.

    accrued interest is interest earned but not yet paid out to investors. the interest will accrue until the day the interest payment is due to investors. I guess they both are separate amounts from the principal.

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #598044

    @Jeff – Another71.com thanks! I was panning last night lol but I did not know that had an ebook online. and @zubairs thank you SO much for your help! I will just use the eBook I'm missing like 50 pages! So i know that would be an enormous amount to copy!

    #598045
    CPAfit
    Participant

    @jeff sorry I was unaware

    #598046
    jeff
    Keymaster

    No worries 🙂

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

    #598047
    RandomAlt
    Member

    I just officially finished going through the 240 odd chapters of study material in CPAexcel. Test is 7/7 … on to 2 1/2 weeks of review.

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

    #598048

    is anyone having issues with wiley not loading today??

    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

Viewing 15 replies - 571 through 585 (of 2,797 total)
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