[CPA soon]

So I have FAR tomorrow at 8AM, have only a few hours left to study today after work as I get off at 5PM.

I still have not covered hedging and derivatives, what do you think I should focus on for that area having such a short period of time? I am using Becker by the way, also have the ninja notes.

FAR - 71, 68, 74, (8/31/14) 78 ✔
REG - 67, 71, 71, (10/18/14) 78 ✔
BEC - (11/29/14) 86 ✔
AUD - 73, (4/4/15) 86 ✔

I can't believe this is over! 2 years and 3 months..

[CPA soon]

Noone has a clue ? lol

FAR - 71, 68, 74, (8/31/14) 78 ✔
REG - 67, 71, 71, (10/18/14) 78 ✔
BEC - (11/29/14) 86 ✔
AUD - 73, (4/4/15) 86 ✔

I can't believe this is over! 2 years and 3 months..

[jsblamer]

it is not a heavily tested area – just know the difference between cash flow hedges and fair value hedges and how they are reported in the financial statements. You should also know a littel bit about forward contracts.

B -
A - passed
R - passed
F - passed

[holycow_75]

I would focus on some of the terminology. Know a FV hedge from a cash flow hedge, etc.

Perhaps working a few problems or even a SIM or two might at least reinforce some of the basic concepts. You might view your Ninja Blitz video (or Becker lecture). But if you're solid on most of the other topics, I wouldn't fret too much over the hedging piece. You will probably get a couple questions, but I doubt you will need to know it forward & backward. Read through your material quickly, try to absorb a couple key concepts and move on.

AUD - 82 (10/13)
REG - 84 (11/13)
BEC - 91 (2/14)
FAR - 81 (4/14)
(Wiley, WTB, Ninja Blitz)

I'm DONE!!!! Thanks Jeff & all the Ninjas out there who answered questions & encouraged me along the way!

[stoleway]

@CPA soon

My exam is scheduled tomorrow at the same time too…with hedges, you have to concentrate on fair value hedge (gain and losses are reported in Earning. There is also cash flow hedge or forecasted transaction where all gains and losses are transferred to OCI until the transaction actually takes place

Its one of those grey areas for me and I hope I get questions on the basic concepts. Good luck tomorrow.

REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!

Mass-CPA

[CPA soon]

Thank you all!

FAR - 71, 68, 74, (8/31/14) 78 ✔
REG - 67, 71, 71, (10/18/14) 78 ✔
BEC - (11/29/14) 86 ✔
AUD - 73, (4/4/15) 86 ✔

I can't believe this is over! 2 years and 3 months..

[Author]

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