[jeff]

Welcome to the Q1 2016 CPA Exam Study Group for FAR.

Some BLITZ videos to help your exams: https://www.another71.com/ninja-blitz

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

[jason49760608]

Hey all…I bought the audio notes for FAR, does anyone know if there's a specific list of topics that's more detailed than the simple titles to each track? E.G., if you wanted to search out where non-monetary exchanges were discussed or the change to extraordinary items?

Aud 74, 70, 78
BEC 76
Reg 83
FAR - February 27, 2016

[marqzho]

Jtgebrey

If your book income is higher than the taxable income because of a temp difference, kind of like you didn't pay enough tax today and you need to pay more in the future period. Hence you need to create a liability representing the amount you need to pay in the future.

REG 90
FAR 95
AUD 98
BEC 84

[jason49760608]

Bueller?

Bueller?

Bueller?

Good luck studying this weekend everyone!

Aud 74, 70, 78
BEC 76
Reg 83
FAR - February 27, 2016

[536FrenchmenStreet]

Starbucks Guy: And your name, ma'am?

536FrenchmenStreet: Bueller

(Hilarity ensues.)

Jason, there isn't, unfortunately.

Holy Moses, I just took the sample exam on the AICPA website. My knees are still shaking. My only consolation is that 48 hours from this moment, for better or worse, I will have finished taking FAR.

BEC: Fall 2016
AUD: Spring 2016
REG: Summer 2016
FAR: RETAKE

[jason49760608]

Good luck 536-Frenchmen-St. and thanks for the response!

You can do it…know your Governmental stuff and JEs!

But I'm sure I'm preaching to the choir here…nail it!

You've got this!

I believe in you! ! !

Aud 74, 70, 78
BEC 76
Reg 83
FAR - February 27, 2016

[holeinon3]

Hello all. Been lurking since January, taking my first exam – FAR – on Feb 27th. Just started my review today (using Becker) and all I can say is FAR is scary and has so much material.

FAR - 2/27
Audit - 4/2
Reg - 5/7
BEC - 5/27

[ILCPA2014]

Test on 02/29 and I am getting discouraged. Doing Ninja MCQs and getting scores around 50s-60s. I hope I can make it. My AUD credit will expire 07/02 so I need to pass FAR and I still have to retake BEC.

AUD Passed 78 (4x) Thank you Lord.
REG Passed 81 (2x) Thank you St Joseph of Cupertino
FAR Passed 77 (3x) Thank you St Joseph of Cupertino. Thank you Lord.
BEC TBD
My CPA journey started in 2013 and it will be finished in April 2016. That's for sure!!
Ethics 91

[536FrenchmenStreet]

Jason, thanks, best of luck to you, too.

BEC: Fall 2016
AUD: Spring 2016
REG: Summer 2016
FAR: RETAKE

[Naz1989]

Guy's sorry for the disturbance , I'm new here and excuse me for my bad English , i want to ask you if you can still study on the 2014 Financial becker material and multiple questions ? or i need to buy the new 2016 material since its hard for me now to buy a new material For FAR section ? thank you in advance

[jason49760608]

Naz,

2014 Becker stuff will certainly contain information that is not 100% correct.

However could you use it and pass? Yes, I'd say so. But I'd strongly advise that you supplement Becker with some newer less expensive items.

That is my advise…good luck.

Aud 74, 70, 78
BEC 76
Reg 83
FAR - February 27, 2016

[Naz1989]

jason ,thank you for your prompt response Do you mean that the material or the multiple and task-based questions is out dated ?
please can you advise ,I'm unable now to buy and other review
and im in an embarrassing condition , i bought the 2014 becker material back in 2014 , i failed once and i left studying and i want to re apply now , so i want to see if I still can study on the same material and exercises

[Kemi22]

Hi Naz1989, it is always advisable to buy the most recent material. If you can't afford it, however, maybe you should take the time out to see what has changed from the 2014 to the 2016 materials and note them down as you study along. In any case I would strongly suggest you buy a test bank from a provider that offers free updates (not to advertise but maybe you could get the Ninja MCQ or similar).

2010:
BEC: 74, 71, 74, 75
AUD: 71, 74, 83
REG: 71, 76
FAR: (I quit) 34, 45

2015:
BEC: 79
AUD: 78
REG: 67, 76
FAR: 56 (trial run), 74, 74, 74, 80!
Thank God. Your prayers are always answered! Do not give up. Thank you St. Joseph Cupertino.

[Kemi22]

Hi guys, can anyone help show me the journal entries for this situation?

On June 30, Huff Corp. issued at 99, 1,000 of its 8%, $1,000 bonds. The bonds were issued through an underwriter to whom Huff paid bond issue costs of $35,000.

Thanks.

2010:
BEC: 74, 71, 74, 75
AUD: 71, 74, 83
REG: 71, 76
FAR: (I quit) 34, 45

2015:
BEC: 79
AUD: 78
REG: 67, 76
FAR: 56 (trial run), 74, 74, 74, 80!
Thank God. Your prayers are always answered! Do not give up. Thank you St. Joseph Cupertino.

[marqzho]

Dr. Cash 955000 (1000*1000*99%-35000)
Dr. BIC 35000
Dr. Bond Discount 10000 (PLUG)
Cr. Bond payable1,000,000 (1000*1000)
Cr. Bond Premium XXXX (PLUG)

REG 90
FAR 95
AUD 98
BEC 84

[Kemi22]

Thanks, Marqzho … I had done a DR to cash for $990,000 so that knocked me off.

2010:
BEC: 74, 71, 74, 75
AUD: 71, 74, 83
REG: 71, 76
FAR: (I quit) 34, 45

2015:
BEC: 79
AUD: 78
REG: 67, 76
FAR: 56 (trial run), 74, 74, 74, 80!
Thank God. Your prayers are always answered! Do not give up. Thank you St. Joseph Cupertino.

[Author]

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