FAR Study Group October November 2013 - Page 13

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  • September 12, 2013 at 2:05 pm #476102
    PiscesChista02
    Participant

    @DC, I'm in the DMV, living in PG Co., MD, 7 mins. from the MD/VA state line. Are you in my class with me? I could use a study partner.

    @Random, I will come back around 1:00 p.m. (EDT) to post an example because I'm at work right now. Thank you for the mneumonics, however! I used to be really good at this stuff in school. If you don't use it, you lose it, I guess. :-/

    "I do not promise you ease. I do not promise you comfort, but I promise you these WEARINESS, HARDSHIP, and SACRIFICE. And with that, I promise you VICTORY."-- Robert F. Kennedy

    Maryland Candidate

    FAR-- 2/21/2014 :-(44... Feeling like the class idiot; retake 5/2014)
    REG-- 5/14
    AUD-- 8/2014
    BEC-- 8/2014

    September 12, 2013 at 2:05 pm #476175
    PiscesChista02
    Participant

    @DC, I'm in the DMV, living in PG Co., MD, 7 mins. from the MD/VA state line. Are you in my class with me? I could use a study partner.

    @Random, I will come back around 1:00 p.m. (EDT) to post an example because I'm at work right now. Thank you for the mneumonics, however! I used to be really good at this stuff in school. If you don't use it, you lose it, I guess. :-/

    "I do not promise you ease. I do not promise you comfort, but I promise you these WEARINESS, HARDSHIP, and SACRIFICE. And with that, I promise you VICTORY."-- Robert F. Kennedy

    Maryland Candidate

    FAR-- 2/21/2014 :-(44... Feeling like the class idiot; retake 5/2014)
    REG-- 5/14
    AUD-- 8/2014
    BEC-- 8/2014

    September 12, 2013 at 2:37 pm #476104
    Anonymous
    Inactive

    I'm in VA, but not in your class. I had Ingram as a professor when I was at GMU. I actually just began studying for FAR last night (taking it just before Thanksgiving) so right now I can't provide much help but once I get more into it, if you'd be interested in meeting up, perhaps in DC, to study on some weekends, I would be open to that.

    September 12, 2013 at 2:37 pm #476177
    Anonymous
    Inactive

    I'm in VA, but not in your class. I had Ingram as a professor when I was at GMU. I actually just began studying for FAR last night (taking it just before Thanksgiving) so right now I can't provide much help but once I get more into it, if you'd be interested in meeting up, perhaps in DC, to study on some weekends, I would be open to that.

    September 12, 2013 at 2:43 pm #476107
    PiscesChista02
    Participant

    That's fine. So far, I enjoy his teaching methods, but it could be because I learn better in a classroom setting anyway. I'll be taking my exam around mid to late-Nov., so meeting up with you in DC is fine. Feel free to hit me up: kksaun02@comcast.net.

    "I do not promise you ease. I do not promise you comfort, but I promise you these WEARINESS, HARDSHIP, and SACRIFICE. And with that, I promise you VICTORY."-- Robert F. Kennedy

    Maryland Candidate

    FAR-- 2/21/2014 :-(44... Feeling like the class idiot; retake 5/2014)
    REG-- 5/14
    AUD-- 8/2014
    BEC-- 8/2014

    September 12, 2013 at 2:43 pm #476179
    PiscesChista02
    Participant

    That's fine. So far, I enjoy his teaching methods, but it could be because I learn better in a classroom setting anyway. I'll be taking my exam around mid to late-Nov., so meeting up with you in DC is fine. Feel free to hit me up: kksaun02@comcast.net.

    "I do not promise you ease. I do not promise you comfort, but I promise you these WEARINESS, HARDSHIP, and SACRIFICE. And with that, I promise you VICTORY."-- Robert F. Kennedy

    Maryland Candidate

    FAR-- 2/21/2014 :-(44... Feeling like the class idiot; retake 5/2014)
    REG-- 5/14
    AUD-- 8/2014
    BEC-- 8/2014

    September 12, 2013 at 3:59 pm #476110
    oilgaslb
    Member

    Any Denverites studying for FAR?

    September 12, 2013 at 3:59 pm #476181
    oilgaslb
    Member

    Any Denverites studying for FAR?

    September 12, 2013 at 4:01 pm #476112
    RandomAlt
    Member

    Sorry oilgaslb, I've got about a week until I reach derivatives

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

    September 12, 2013 at 4:01 pm #476183
    RandomAlt
    Member

    Sorry oilgaslb, I've got about a week until I reach derivatives

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

    September 12, 2013 at 4:08 pm #476114
    ZSRizvi
    Member

    How are you guys dealing with memorizing disclosures? I feel like there's so many that it's hard to get a firm handle on all of them.

    And for people who have taken FAR before, would you say the simulations in the Wiley Test Bank resemble those on actual exam day? I've heard people say that the Becker sims were completely different in format and all that? I want to know if the Test Bank will simulate the exact exam day experience for me or not.

    My exam is on Oct 3rd and I'm halfway through the MCQ for Chapter 6. I actually haven't gone through Chapter 9/Chapter 10 lectures yet or done the MCQ for chapters 7-10. I have roughly about 3 weeks to finish studying.

    Would someone please advise me on what my study plan should be? Feeling a bit overwhelmed at the moment.

    BEC (July 2013)
    FAR (OCT 2013)
    REG (NOV 2013)
    AUD (JAN 2014)

    The CPA Exam is an opponent that not even the Fellowship of the Ring would want to come across.

    I have a long...long...journey ahead of me.

    September 12, 2013 at 4:08 pm #476185
    ZSRizvi
    Member

    How are you guys dealing with memorizing disclosures? I feel like there's so many that it's hard to get a firm handle on all of them.

    And for people who have taken FAR before, would you say the simulations in the Wiley Test Bank resemble those on actual exam day? I've heard people say that the Becker sims were completely different in format and all that? I want to know if the Test Bank will simulate the exact exam day experience for me or not.

    My exam is on Oct 3rd and I'm halfway through the MCQ for Chapter 6. I actually haven't gone through Chapter 9/Chapter 10 lectures yet or done the MCQ for chapters 7-10. I have roughly about 3 weeks to finish studying.

    Would someone please advise me on what my study plan should be? Feeling a bit overwhelmed at the moment.

    BEC (July 2013)
    FAR (OCT 2013)
    REG (NOV 2013)
    AUD (JAN 2014)

    The CPA Exam is an opponent that not even the Fellowship of the Ring would want to come across.

    I have a long...long...journey ahead of me.

    September 12, 2013 at 4:22 pm #476116
    oilgaslb
    Member

    @random – Deverites = people from Denver, you're in such study mode!! 😉

    September 12, 2013 at 4:22 pm #476187
    oilgaslb
    Member

    @random – Deverites = people from Denver, you're in such study mode!! 😉

    September 12, 2013 at 5:10 pm #476118
    ZSRizvi
    Member

    Question on pensions:

    Parker Co. amended its pension plan on January 2 of the current year. It also granted $600,000 of unrecognized prior service costs to its employees. The employees are all active and expect to provide 2,000 service years in the future, with 350 service years this year. What is Parker's unrecognized prior service cost amortization for the year under U.S. GAAP?

    The answer is $105,000.

    However, I chose $0 because I thought that prior service cost isn't amortized until the FOLLOWING year and no amortization is taken in the first year. Or am I not reading this right?

    BEC (July 2013)
    FAR (OCT 2013)
    REG (NOV 2013)
    AUD (JAN 2014)

    The CPA Exam is an opponent that not even the Fellowship of the Ring would want to come across.

    I have a long...long...journey ahead of me.

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