Is Partnership accounting still a thing?

  • Creator
    Topic
  • September 21, 2018 at 6:40 pm #1991066
    SuperAccountingGod
    Participant

    I don’t remember seeing it in Wiley but it’s on the Ninja notes…

Viewing 5 replies - 1 through 5 (of 5 total)
  • Author
    Replies
  • September 21, 2018 at 6:54 pm #1991075
    fsugirl2005
    Participant

    Yup sure is, and likely always will be. It is heavily tested on the exam so prepare. I wasn't prepared earlier this month. 😔

    AUD - 10/21/16 (75----07/2010 expired)
    FAR - 10/28/16
    BEC - 11/2016
    REG - 01/2017

    Using Gleim CPA Review, Ninja Audio, Ninja Book

    September 21, 2018 at 7:00 pm #1991078
    jeff
    Keymaster

    I've confirmed with the AICPA that it's still testable.

    September 21, 2018 at 7:13 pm #1991099
    Iceman
    Participant

    Heavily tested is relative. IME…

    September 21, 2018 at 10:37 pm #1991339
    Adam
    Participant

    very few actual partnerships in use today, so i wouldnt put much emphasis in beating your self up over it..understand carryover basis and 1065 tax work..

    But actual accounting other then the partnership capital ratio sharing allocation adjustments you wont need much..

    Testing wise you wont see more then one question on it if that.

    September 22, 2018 at 4:32 am #1991426
    fsugirl2005
    Participant

    @Adam Only one question? I beg to differ based on my experience. That's why I told the OP to study it.

    AUD - 10/21/16 (75----07/2010 expired)
    FAR - 10/28/16
    BEC - 11/2016
    REG - 01/2017

    Using Gleim CPA Review, Ninja Audio, Ninja Book

  • Author
    Replies
Viewing 5 replies - 1 through 5 (of 5 total)
  • The topic ‘Is Partnership accounting still a thing?’ is closed to new replies.