Is it okay if I used formulas in my SIMS for FAR?

  • Creator
    Topic
  • #167824
    mdrobbin
    Member

    Let’s say there is a SIM in which you have one cell to put an answer (for example, let’s assume someone received a SIM in which you had to calculate Basic EPS). Is it okay to type in the formula as to how you arrived at the answer, or is it best to just put the number in the cell without the formula?

    I would think showing that you know how to do the calculation would be a good thing. I’m just worried that if it is graded by computer maybe it won’t pick up the formula.

    Thoughts?

    FAR - 2012 - PASSED (YAEGER)
    AUD - 2012 - PASSED (YAEGER + NINJA NOTES)
    BEC - 2012 - PASSED (YAEGER + NINJA NOTES)
    REG - 2013 - PASSED (YAEGER + NINJA NOTES + NINJA AUDIO)

    ETHICS - 2013 - PASSED

    DONE!!! Thank you A71 for all the support! Hiya!!!

Viewing 3 replies - 1 through 3 (of 3 total)
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  • #330154
    jeff
    Keymaster

    I don't think it matters as long as the correct answer is showing. I personally didn't use the formulas because their quasi-excel wasn't the best

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

    #330155
    mdrobbin
    Member

    Thanks Jeff. Ya, I hate their quasi excel but I figured it might be good to show how I calculated my answer.

    By the way, your site is AWESOME.

    FAR - 2012 - PASSED (YAEGER)
    AUD - 2012 - PASSED (YAEGER + NINJA NOTES)
    BEC - 2012 - PASSED (YAEGER + NINJA NOTES)
    REG - 2013 - PASSED (YAEGER + NINJA NOTES + NINJA AUDIO)

    ETHICS - 2013 - PASSED

    DONE!!! Thank you A71 for all the support! Hiya!!!

    #330156
    whatkey
    Member

    You should give the examiners more credit…I'm sure this isn't an issue.

    Using Becker, Ninja Notes, and CpaReviewForFree

    FAR - 87 (2/17)
    REG - 89 (4/21)
    AUD - 89 (5/31)
    BEC - 89 (7/11)

Viewing 3 replies - 1 through 3 (of 3 total)
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