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THE FAR EXAM

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FINANCIAL ACCOUNTING AND REPORTING (FAR) GROUP

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Comment by Jaime Usey on September 26, 2010 at 2:16pm
Thanks Chrystal! I will definitely sign up! :)
Comment by Yelitza Concepcion on September 26, 2010 at 1:55pm
Lambers... but dont know in what subject to focus for the Problems.. i already do all the MC but not the Problems.
Comment by Adria (Barnes) Owens on September 26, 2010 at 10:27am
Hi all!

Do you know where I can find some free or cheap audio materials. I used Becker until it expired and I am using the Wiley books now and I just want to maximize my time while listening to something while washing dishes, driving etc. Any help is very much appreciated!!!!
Comment by Karla on September 26, 2010 at 5:54am
Yelitza which review material are you using. Most of them include the simulations to practice.
Comment by Yelitza Concepcion on September 25, 2010 at 8:40pm
Dont know what to study for the Simulations...
Comment by Chrystal Mabou on September 25, 2010 at 3:59pm
I do the same thing Jaime. I work full time at a public accounting firm and I have access to all the accounting research material there. I end up getting the GAAP guide out or looking it up on the FASB Codification site. Oh..I just found this out as well - The AICPA gives a free 6 month subsription to the professional literature that is used in the exam.
Here is the website if anyone is interestd: http://www.aicpa.org/BecomeACPA/CPAExam/ForCandidates/HowToPrepare/...
I just signed up a few minutes ago.
Comment by Chrystal Mabou on September 25, 2010 at 3:48pm
Thanks for the suggestion Karla. I'm understanding the concepts, its just the way the material is laid out. Its very unorganized and Becker needs to rethink the way they are presenting the material. I also have Kaplan material to fall back on. I have purchased the Kaplan notecards and a friend and I have gone in together and purchased the online study materials. Hopefully Chapter 3 thru 9 will not be as bad and my brain will not have to muddle thru the chaotic nonsense!! Studying and remembering the FAR material wreaks enough havoc on my brain, I surely don't want to put it thru any more than i have to!
Comment by Jaime Usey on September 25, 2010 at 2:41pm
When you do the WASCO (weighted average number of common shares outstanding) concept with determining the shares for EPS, you must apply stock splits to all prior years, so you retro the stock splits back. Hope that makes sense. What review are you using? I think Becker explains it pretty well. Some times if I didn't understand concepts and the way they were presented, I would "google" concepts and try to find reputable sights to possibly explain it differently.
Comment by Satya on September 25, 2010 at 2:28pm
Hello all,

Iam new to this forum. I have been struggling with FAR for quite sometime .can someone please help me with this : "Note that prior year EPS data needs to be adjusted for stock splits occurring in subsequent years " I came across this in EPS & Iam unable to Understand the concept behind it :(
Comment by Karla on September 25, 2010 at 12:52pm
Chrystal I am glad I was not the only one who could not get the concept through Becker I am now using Yaeger really like it I have being able to move through three chapters within the last two weeks to me this is a tough area and need to really grasp it thoroughly may I suggest u think of investing on Yaeger
 
 
 

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