[jeff]

SO I know every test is different but does anyone have any insight on what has been heavily tested recently? I take the exam Monday and I need to narrow my focus….Thanks!

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

[Gabe]

@jstay. Right, I meant current portion. That makes more sense…I was just confused as to why the answer explained the 1,364 when we didn't have to use it for the answer. Thanks!

CPA, CFE
CISA- Experience will be completed by August 2016

[mb0363]

In Chapter 9, I feel like Becker is trying to explain that the Fund F/S include the Governmental, Proprietary, and Fiduciary funds. But I was almost sure that Chapter 8 Distinguished that Govt. Wide = Proprietary and Fiduciary while Fund F/S = Governmental.

Also in Chapter 9, now Fiduciary funds are excluded from Govt. Wide, while Internal Service (Propriety) are lumped with the Governmental Funds.

Can someone explain this to me? What is going on here? I thought I had a grasp on things until Page 20 of Chapter 9…

BEC - PASS
AUDIT - PASS
REG - PASS
FAR - PASS

[Juliemiddle]

I just found out a passed FAR and absolutely thank this FAR Q4 study group for playing part in that. I would log on a few times a day to attempt any questions that people posted. Or to “teach” someone the explanation to answer, which was really helping me further study/understand. Keep posting good questions…it definitely helps other people out!

AUD: 84 - Oct. 2013
BEC: 83 - Feb. 2014
REG: 91 - May, 2014
FAR: 68, 96 - Oct. 2014...DONE

CPAExcel, Ninja Audio (all sections)

[Juliemiddle]

Oh!! And I know you've heard this, but don't skimp on Govt., NFP, and IFRS. Good luck everyone!

AUD: 84 - Oct. 2013
BEC: 83 - Feb. 2014
REG: 91 - May, 2014
FAR: 68, 96 - Oct. 2014...DONE

CPAExcel, Ninja Audio (all sections)

[Future Ninja]

@Juliemiddle – congratulations. thank for the tip. I'm taking FAR next week.

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Troblin]

Statement of cash flow question:

Are bond transactions investing or financing activities? I've seen a couple different multiple choice questions where they appear to be alternating. I'm guessing the distinction is in the wording…

FAR: 85(11/22/2014) - Becker(full)/Ninja MCQ (5 day cram)
AUD: 79 (2/1/2015) -Becker/Ninja MCQ/Ninja Notes
REG: 84(4/19/2015) -Becker/Ninja MCQ/Ninja Notes
BEC: 83 (7/13/2015) -Becker/Ninja MCQ/Ninja Notes

Date I Got My Life Back!: 8/4/2015 🙂

[Future Ninja]

5am. rise and grind!

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Future Ninja]

did you know that:

If the MLP amounts to 88% of the fair value of an asset = operating lease under US GAAP and a finance lease under IFRS.

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[NoraU]

Juliemiddle: I have not taken the exam yet but preparing for retake (sounds weird, right?). Could you let me know what was your study procedure second time around? It is an impressive difference between your first and second score.

BEC 05/12/14 77
REG 08/25/14 82
FAR 11/25/14 80
AUD 02/25/15 72, 05/15/15 98! DONE!!!!!!!!!!!!!!!!!!!!!!

[salring]

mb0363 Fiduciary funds are excluded from the government wide financials because they hold assets as trustees for others. Fiduciary funds are used to report assets held in a trustee or agency capacity for others and therefore cannot be used to support the government’s own programs.

Remember that if the funds can not be used to support govt programs do not include in govt wide. They are agents of other entities, hope this helps.

[salring]

Troblin:-

Issuing bonds – Financing activities cash in flow

Acquiring bonds – Investing activities cash outflow

[Troblin]

@ Salring Thanks!! subtle detail, yet very helpful. 🙂

FAR: 85(11/22/2014) - Becker(full)/Ninja MCQ (5 day cram)
AUD: 79 (2/1/2015) -Becker/Ninja MCQ/Ninja Notes
REG: 84(4/19/2015) -Becker/Ninja MCQ/Ninja Notes
BEC: 83 (7/13/2015) -Becker/Ninja MCQ/Ninja Notes

Date I Got My Life Back!: 8/4/2015 🙂

[jeff]

hiya!

Post by Another71.

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

[Future Ninja]

Did you know that:

For me to easily remember the difference with US and IFRS (U and I) (sounds like You and I)

Treasury Stock method:

U: Cost and Par Value

I: Cost, Par and Constructive Retirement Method

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Future Ninja]

Where's everyone? 6PM. rise and grind!

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Author]

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