[jeff]

Post by Another71.

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]

How can people find answers to the simulations in the AL..? Im trying to search for examples in the literature but i can't find them..

[slgavin7]

Can someone explain how the effective portion of a cash flow hedge is reported in OCI? I am not getting how the changes of FV of derivatives and PV of expected cash flows are adjusted in OCI vs earnings.

[ThumbsUp]

What is the best way to review the Becker material? Should I review the major topics then just do as many MC as possible??

I have 18 days and I am finishing up the last lecture today.

AUD- 22, Just missed it...maybe next time!
REG- 14, so close!!!

[Determined CPA]

ThumbsUp – do you only have Becker ?

A - 75
B - 78 God is good.
F - 77 Answered prayers.
R - 84! Done!!

Paperwork sent - waiting for license!!
Still on a cloud and in shock. Through God, all things will happen.

[titoav15]

Just curious.. on the real exam, when doing SIMs that involve JEs, can you get points off because you might do accounts out of order? Let me explain what I mean.

You put:

Dr. Cash xxx

Cr. Land xx

Cr. Gain xx

But the answer key says:

Dr. Cash xxx

Cr. Gain xx

Cr. Land xx

therefore you get 2 accounts wrong (gain and land) even though its technically correct, just not in their solutions order. I ask because I sometimes get missed points on Ninja sims because my accounts are sometimes out of order and it makes me wonder.

BEC: 5/21/14 82! PASSED HALF WAY THERE!
FAR: 4/2/15 80! Almost there!
AUD: 69, 74, 4/3/14 81! PASSED
REG: TBD

[JMCAPASSO]

@titoav15 I highly doubt that is the case. From what I understand the SIMS are the only thing graded by hand. They have to be, which is why I think it takes so long to get scores back….

Anyway..I have a question for everyone…I have 2 days til my test…I am at the freaking out stage. Is anyone ever FULLY ready to take their test? It's always in the back of my mind to move my test back, but the other side of me is ready to take it and get it over with. Thoughts?

And what do you guys do in the final days leading to the exam? Other than pray…

Good luck to all!

AUD - 49, 66, 72, 77!!
FAR - 72, 73, 78
BEC - 70, 74, 79, I'm DONE!!!!!!
REG - 70, 76!!!! FIRST PASS

Don’t faint in the day of adversity. Remember your ABCs—Adversity Builds Character!!! - Andy Andrews

[kpanna92]

I am new to this site and will be taking my first exam (FAR) in April!

If I have 7 weeks till my FAR exam, is this a good timeline?

3 weeks to watch all lecture videos and take thorough notes

2 weeks to do MC questions

1 week to rewrite/reorganize my notes

1 week to review everything

Should I be allocating my time differently?

Thank you so much for your help!

FAR: 81
AUD: 72, 71, 87 finally!
BEC: 79
REG:

[Anonymous]

@titoav As long as your entries are “technically” correct (correct account name, amount, debit or credit) then you should be fine. And I think I read somewhere here that the AICPA system is much more sophisticated when it comes to grading SIMs. Just be careful in reading instructions as the actual exam is very specific (ie. all positive numbers, put zero, rounding off, etc.).

@JMCAPASSO You can't really tell if you're ready until you actually took the exam. As long as you covered all the topics and an average score of at least 75% on you MCQs, you should be good to go. Final week I do comprehensive MCQs, and focus on my weak areas. Last day, either do a light review (maybe 90 MCQs) or not review at all. Make sure you also visit the exam experience thread to get some tips on what were heavily tested and make sure you have a good understanding of those topics. Good luck!

[titoav15]

Thanks for all the replies!

@CPAby2015 just curious… so then we should not leave any cell blank? I mean if the cell is meant to be zero or blank, we still should fill it in with an actual “0” or “blank” if thats an option?

Sorry if I am being so picky, my exam is coming and I am just stressing about this a bit, I don't want to lose points on something stupid like this.

BEC: 5/21/14 82! PASSED HALF WAY THERE!
FAR: 4/2/15 80! Almost there!
AUD: 69, 74, 4/3/14 81! PASSED
REG: TBD

[Anonymous]

@titoav15 If it should be blank, then leave it blank, don't literally put the word “blank”. For example, the question may ask how much gain to recognize, then you will need to put 0 if answer is none. If the question requires JE and the answer field has 3 lines but the correct answer only requires you to enter 2 lines (1 dr, 1 cr.), the instructions may tell you to whether to leave the 3rd line blank or choose “no entry required” if that's an option.

[s2sylvir]

Hi guys. My FAR book just came. Let's be bffs for the next 3 months.

AAAND GROOOUPP HUUUUG.

BEC - PASS (79)
AUD - PASS (63, 71, 74, 74, 83)
REG - PASS (88)
FAR - PASS (58, 89)

Becker for all + FAR 10 Point Combo

[want2pass]

does anyone understand when the BASE formula from becker is used? Or how to know when it's needed? My test is soon, and this makes me worried!

[want2pass]

@kpanna92 I have 7 weeks for my test too. It's in about 2 weeks. It's doable depending on your schedule.

Also, what review program are you using? I used Becker, which has 10 lectures, so for me, I needed about 5 weeks for lectures and questions. That left me with about 2 weeks of review. Hope this helps!

[G]

@want2pass I typically use it when calculating (squeezing) a number such as service revenue. I use T-accounts like they suggest for A/R and Allowance for Doubtful accounts.

FAR - 78
AUD - 90
BEC - 87
REG - TBD

[hunter32]

Anyone else feel burnt out trying to master chapter 10 of Becker?

BEC - 80 (Becker)
AUD - 92 (Becker+NINJA MCQ)
FAR - 87 (Becker+NINJA MCQ)
REG - 90 (Becker+NINJA MCQ and Audio)

[Author]

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