FAR Study Strategy Advice – Exam on 8/31 - Page 16

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    Topic
  • #158443
    MPoni123
    Participant

    Ugh that SUCKS!!! 🙁 I dunno how it works for MA though…I know that other people were receiving “contact coordinator” with their message…

    I will be so pissed if my FAR score isn’t up tonight lol today would be a waste of a work day!!!

    AUD - 84; REG - 90; BEC - 79; FAR - 75; ALL DONE!!

Viewing 15 replies - 226 through 240 (of 759 total)
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  • #249055
    MPoni123
    Participant

    I know the basics…without recourse..person you sold them to has the responsibility. With recourse…you still have the responsibility for uncollectibility. You only take them off the books if they are sold….if they are pledged or assigned then they are still yours! I think that is the jist of it?

    AUD - 84; REG - 90; BEC - 79; FAR - 75; ALL DONE!!

    #249056
    MPoni123
    Participant

    Oh…and if you sell them WITH recourse…you have to book a liability which is at FMV

    AUD - 84; REG - 90; BEC - 79; FAR - 75; ALL DONE!!

    #249057
    Trevor
    Participant

    is that part of servicing? I thought that was just selling A/R… see im screwed, i thought servicing was like keeping track for the person who bought them… no idea 🙁

    BEC: 73,81(7/6/2010); AUD: 75(5/24/2010); FAR: 76(8/31/2010); REG: 77 (10/18/2010) - DONE!!!!

    #249058
    Anonymous
    Inactive

    Idrathergolf

    When you are going over the govt portion (F8 and part of F9) one way to reduce the time going through the material is very repeative

    They break down the types of funds as follows

    GRASPP -> basically the same info

    SE -> same info

    PAPI -> same info

    Listen to the lecture for one of each type and then scan to see the rest is the same

    #249059
    MPoni123
    Participant

    Trevor – I think it's part of servicing? And if someone bought the liability from you…you don't need to keep track of it anyway because it is off your books. You only have to be aware if you sell them *WITH* recourse b/c your company will still be responsible if the customers default…that's why you have to book a liability @ FMV on your own books.

    AUD - 84; REG - 90; BEC - 79; FAR - 75; ALL DONE!!

    #249060
    MPoni123
    Participant

    Ok…I think I am done with CA and CL…moving on to Module 11, which I really don't want to lol. I think tomorrow I will start at Module 20 and work my way up. Those are more theory questions anyway and less calc.questions so I think I can get those outta the way faster. I will have to visit Inventory at some point, too. 🙁

    AUD - 84; REG - 90; BEC - 79; FAR - 75; ALL DONE!!

    #249061
    Idrathergolf
    Participant

    Thanks for the tip cpa journey… I was also told that the first 1/2 of F9 is fairly repetitive. Is this true?

    It may not hurt to have the repetition due to the fact that I will probably not be going over this material again before Tuesday.

    I honestly think between now and Tuesday I will have enough time to finish the lectures/multiple choice questions, and read through the CFA/CPA notes twice.

    Unfortunately I have to work Monday and I don't see anyway of getting out of work early to study.

    REG: 5/26 - 90hrs (Pass) AUD: 7/1 - 86hrs (Pass)
    BEC: 7/22 - 72hrs (Pass) FAR: 8/31 - 56hrs (Wait)

    #249062
    Trevor
    Participant

    Ok.. I think I can handle that, just went back in the book and made some flashcards.. pretty straight forward really…

    BEC: 73,81(7/6/2010); AUD: 75(5/24/2010); FAR: 76(8/31/2010); REG: 77 (10/18/2010) - DONE!!!!

    #249063
    MPoni123
    Participant

    Trevor – did you take a lot of notes while watching the lectures?! I think I took a decent amount…I have a 3 subject notebook (college ruled) and 2 out of the 3 subjects are full and a little of the 3rd is used up, too!

    Before my exam, I will probably review my notes and skim through Jeff's. The problem with other people's notes is that you didn't write them…so sometimes I may have trouble understanding what is trying to be said.

    I have to admit I am getting a lot more done tonight b/c my boyfriend is down for the night! I guess it's comforting to know he is in the other room?!

    AUD - 84; REG - 90; BEC - 79; FAR - 75; ALL DONE!!

    #249064
    MPoni123
    Participant

    Idrathergolf – Why are you reading through CFA notes? Where did you get them?

    AUD - 84; REG - 90; BEC - 79; FAR - 75; ALL DONE!!

    #249065
    MPoni123
    Participant

    (even if he has been asleep for the past 2 hours lol)…I don't feel so alone! Plus I have you guys, too!

    AUD - 84; REG - 90; BEC - 79; FAR - 75; ALL DONE!!

    #249066
    Idrathergolf
    Participant

    They are not CFA notes… They are notes from a site CFA/CPA …. they are based on the 2009 Becker materials. On the past three exams I have gone through the entire book and created notes, but since I obviously don't have the time I just plan on reading through these notes once or twice to refresh the material.

    REG: 5/26 - 90hrs (Pass) AUD: 7/1 - 86hrs (Pass)
    BEC: 7/22 - 72hrs (Pass) FAR: 8/31 - 56hrs (Wait)

    #249067
    Idrathergolf
    Participant

    Do you think your boyfriend feels neglected?

    It has been difficult trying to pass these exams over the summer with a roomate who is unemployed.

    I am either working or studying basically, and it seems that everytime I step out of my bedroom for a break he is playing video games or watching a movie! He will go to sleep hours before me and when I am leaving for work he is still sleeping!

    Jealousy at its finest!

    REG: 5/26 - 90hrs (Pass) AUD: 7/1 - 86hrs (Pass)
    BEC: 7/22 - 72hrs (Pass) FAR: 8/31 - 56hrs (Wait)

    #249068
    MPoni123
    Participant

    Ooh gotcha

    AUD - 84; REG - 90; BEC - 79; FAR - 75; ALL DONE!!

    #249069
    MPoni123
    Participant

    hahaha @Idrathergolf – Well you are actually working towards something important so look at it that way! 🙂 I hear you though I would love to have no goals sometimes and not know otherwise haha.

    I don't think he feels neglected…I just think sometimes he doesn't wanna be around me haha because the stress of these exams has DEFINITELY gotten to me on more than a few occasions and he gets the brunt of it. I always apologize though and he knows that the exams make me a little crazy. He wants these things over though too so we can actually enjoy our time together!

    AUD - 84; REG - 90; BEC - 79; FAR - 75; ALL DONE!!

Viewing 15 replies - 226 through 240 (of 759 total)
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