Heart broken – changes in FAR 2014

  • Creator
    Topic
  • #182504
    Anonymous
    Inactive

    Ahhh, I just downloaded the changes fr FAR 2014 and almost all sections had changes (unsure how deep these changes are but I need to revise one by one)

    I was almost in the middle of my study and looks like I need to come back and see what happen in each section…

    I hope (and pray) these are not really a big thing…

Viewing 15 replies - 1 through 15 (of 22 total)
  • Author
    Replies
  • #496258
    jeff
    Keymaster

    They're not a big deal…there's a few tweaks to Gov't Accounting – very minor.

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

    #496303
    jeff
    Keymaster

    They're not a big deal…there's a few tweaks to Gov't Accounting – very minor.

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

    #496260
    Kenada
    Member

    Oh That is good.. I actually looked at the Roger website for the updates and I was like wow – what a huge file with all the changes.

    But good to know its minor stuff and nothing major.

    FAR 05/27/14; 786/110 - Done !

    #496305
    Kenada
    Member

    Oh That is good.. I actually looked at the Roger website for the updates and I was like wow – what a huge file with all the changes.

    But good to know its minor stuff and nothing major.

    FAR 05/27/14; 786/110 - Done !

    #496262

    Snip-it from CPAExcel's website:

    Several lessons in the Financial Section (FAR) Governmental and Not-for-Profit area have been updated to account for Statement 67-Financial Reporting for Pension Plans (an amendment of GASB Statement No. 25). Additionally, many of the governmental accounting lessons have been updated to account for a recent change in terminology affecting the “equity” section of governmental financial statements.

    Florida:
    AUD: 73, 81! Thank you Lord!
    BEC: 73, 77! Thank you Lord! and WTB
    REG: 71, 82! Thank you Lord! and A71
    FAR: 72, 78! Thank you God and my Mommy in Heaven!

    CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

    #496307

    Snip-it from CPAExcel's website:

    Several lessons in the Financial Section (FAR) Governmental and Not-for-Profit area have been updated to account for Statement 67-Financial Reporting for Pension Plans (an amendment of GASB Statement No. 25). Additionally, many of the governmental accounting lessons have been updated to account for a recent change in terminology affecting the “equity” section of governmental financial statements.

    Florida:
    AUD: 73, 81! Thank you Lord!
    BEC: 73, 77! Thank you Lord! and WTB
    REG: 71, 82! Thank you Lord! and A71
    FAR: 72, 78! Thank you God and my Mommy in Heaven!

    CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

    #496264
    jeff
    Keymaster

    Well, the updates are minor (in my opinion) in that I believe the exam will test you on a few of the tweaks.

    Granted, a review provider could update their offerings with War and Peace and throw the whole GASB set in there.

    I would trust whomever you've spent your hard-earned $$ with 🙂

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

    #496309
    jeff
    Keymaster

    Well, the updates are minor (in my opinion) in that I believe the exam will test you on a few of the tweaks.

    Granted, a review provider could update their offerings with War and Peace and throw the whole GASB set in there.

    I would trust whomever you've spent your hard-earned $$ with 🙂

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

    #496266

    I'll be reading both – Ninja notes and reading material 🙂

    Florida:
    AUD: 73, 81! Thank you Lord!
    BEC: 73, 77! Thank you Lord! and WTB
    REG: 71, 82! Thank you Lord! and A71
    FAR: 72, 78! Thank you God and my Mommy in Heaven!

    CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

    #496311

    I'll be reading both – Ninja notes and reading material 🙂

    Florida:
    AUD: 73, 81! Thank you Lord!
    BEC: 73, 77! Thank you Lord! and WTB
    REG: 71, 82! Thank you Lord! and A71
    FAR: 72, 78! Thank you God and my Mommy in Heaven!

    CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

    #496269
    MintsRGood
    Participant

    Gulp!!!! Gov. was my only weak topic on my 74 FAR score report…I'm testing 1/6…eeeeeekkkkkkkk!!!!!!!!!!!!!!! Should I consider pushing back to late January to be safe????

    REG: 75 DONE 🙂
    AUD: 61, 71, 68, 92 DONE 🙂
    BEC: 76 DONE 🙂
    FAR: 72, 74, 79 DONE 🙂
    Licensed Michigan CPA 🙂
    -Some people dream of success...others wake up and work hard for it!!!
    -The cowards never start and the weak die along the way!
    -You better work, b***h!
    -Only those who dare to fail greatly can ever achieve greatly.-JFK

    #496315
    MintsRGood
    Participant

    Gulp!!!! Gov. was my only weak topic on my 74 FAR score report…I'm testing 1/6…eeeeeekkkkkkkk!!!!!!!!!!!!!!! Should I consider pushing back to late January to be safe????

    REG: 75 DONE 🙂
    AUD: 61, 71, 68, 92 DONE 🙂
    BEC: 76 DONE 🙂
    FAR: 72, 74, 79 DONE 🙂
    Licensed Michigan CPA 🙂
    -Some people dream of success...others wake up and work hard for it!!!
    -The cowards never start and the weak die along the way!
    -You better work, b***h!
    -Only those who dare to fail greatly can ever achieve greatly.-JFK

    #496271
    Kenada
    Member

    I dunno Mints – are you able to do a push back ? Do it if you see the additional time will help you get better at your weak topics

    FAR 05/27/14; 786/110 - Done !

    #496317
    Kenada
    Member

    I dunno Mints – are you able to do a push back ? Do it if you see the additional time will help you get better at your weak topics

    FAR 05/27/14; 786/110 - Done !

    #496273
    Anonymous
    Inactive

    @Mints

    Approx only 12 pages of the 172 pags (update) of Roger for FAR in regards to Gvmnt, probably is not so big thing as Jeff mentions.

    @Insi, I have as well Roger review, looks like he changed the structure of the books as well. I just started reading the changes and so far, they are clarifications of things he mentioned in 2013, he goes deeper in some of the things but the essence is the same.

    Looks like in te meat, the changes are not really big as Jeff mentions, still praying!! 🙂

Viewing 15 replies - 1 through 15 (of 22 total)
  • The topic ‘Heart broken – changes in FAR 2014’ is closed to new replies.