Govt and NFP sims

  • Creator
    Topic
  • #188292
    pia ach
    Member

    WTB does not have any sims on it, any suggestions as to how do i prepare for these two topics sim? My exam is today evening so please suggest …

    Finally done!!! Experience-pending. Ethics- Pending.
    Reg 78 / 73/82.
    Aud 74/89.
    BEC 72 /78.
    FAR 74/ 73/ 82.

Viewing 6 replies - 1 through 6 (of 6 total)
  • Author
    Replies
  • #590570
    pia ach
    Member

    Bump..

    Finally done!!! Experience-pending. Ethics- Pending.
    Reg 78 / 73/82.
    Aud 74/89.
    BEC 72 /78.
    FAR 74/ 73/ 82.

    #590571
    rjcpa
    Participant

    I don't think you will see sims on GNP. Sims will probably be on financial reporting stuff

    FAR - 10/3/12 - 86
    BEC - 11/27/12 - 70 1/14/13 - 81
    AUD - 4/4/13 - 87
    REG - 7/8/13 - 80

    #590572
    StephAV
    Member

    I would make sure you understand it, do lots of mcq. I think that for NPO it is important to know about Net Assets. There are three categories, unrestricted, temp restricted and permanently restricted and the restriction has to be released in order for the funds to be spent. If you are able to answer the mcq then you will do fine on SIMS. Maybe extra practice on JE's?? Know the Financial Statements… Good luck!

    FAR - 7/13 - 72, 11/13- 74, 2/14- 82!!! Best score ever (for me)!!!
    BEC - 1/14 - 75!!! Perfect score! First Pass! YAY!!!
    AUD - 8/14 - 80!!!
    REG - 5/14 - 72, 10/14 - 66, 1/15 - 78 - DONE FOREVER!!!
    I did 5 of the UNA and CPAExcel classes to earn units.

    #590573
    Guti
    Participant

    Know the JEs for NFP.

    FAR-84
    AUD-
    REG-
    BEC-

    #590574
    pia ach
    Member

    Thanks for the info, really appreciate it..

    Finally done!!! Experience-pending. Ethics- Pending.
    Reg 78 / 73/82.
    Aud 74/89.
    BEC 72 /78.
    FAR 74/ 73/ 82.

    #590575
    ahugemistake
    Participant

    Practice journal entries for the government enterprise funds, such as ‘other fund uses' etc. also practice JEs to the agency funds, I had a sim related to a gov entity on my exam, nothing too in depth if you know your gov't accounting. the only nfp sim I had was the research question.

    FAR - 78*
    AUD - 66, 79
    REG - 73, 76
    BEC - 79

Viewing 6 replies - 1 through 6 (of 6 total)
  • The topic ‘Govt and NFP sims’ is closed to new replies.