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Profile Information

CPA Exam Status: So far I have passed...
FAR, AUD, REG, BEC, I'm Here to Help!
CPAnet Forum Name
CPA=ME
For Exam Prep I'm Using...
CPAexcel, Other
FAR Test Date
January 7, 2012
AUD Test Date
February 19, 2011
REG Test Date
July 30, 2011
BEC Test Date
October 22, 2010

Comment Wall (5 comments)

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At 1:14pm on November 16, 2011, CBurns said…

Sorry, I haven't been on my page for a while.

 

Hopefully..I can help friends here..who are trying to pass FAR
I used both Yaeger and Becker..so I use combination of both..must know topics.
Chapter 1. multiple/single income statement(write down many times)

chapter 2
-Long term construction contracts
-installment sales
-NONMONETARY EXCHANGE
-partnership
-INDIVIDUAL FOREIGN TRANSACTIONS

Chapter 3
-equity method (JE)
-BUSINESS COMBINATION ACCOUNTED FOR AS AN ACQUISITION
(CAR-IN-BIG)
-INTERCOMPANY TRANSACTION

chapter 4
-DISCOUNTING A NOTE AT A BANK
-KNOW HOW TO COMPUTE INVENTORY VALUATIO
(page 209 in wiley book simulation 10 ..good practice question for this)

chaper 5
-rental agreement
-BOUND AMORTIZATION TABLE
(both discount and premium..know to creat table&JE..wiley book has a great practice questions)
-convertible bond
-TRANSFER OF ASSET/EQUITY
-DEBT SETTLEMENT
-CONVERTIBLE NOTE

chapter 6
-KNOW HOW TO CALCULATE PENSION COST
chapter 7
-CASH FLOW BOTH INDECT AND INDIRECT
chapter 8
JE GOVERMENT FUNDS
chapter 9
-KNOW RECONCILATION OF GOVERMENT FUND

Note.
-Wiley book sims ..in my opinion very close to real sims.
-Practice research questions(Look for keyword )..if you can get both 2 right..you need only 2 more tabs..another 3 tabs even you half guess,you will pass!..do not forget to practice research question from GOV and Non-Profit topics too..they are strange,
-leave atleast hour and half for sims.
-Practice many Multiple choice questions as you can
-TAKE COUPLE DEEP BREATH BEFORE exams
-GINKGO haha I took this too.I feel like I forget thing too fast(supposely promotes healthy Brain function)
-DEACTIVATE YOUR FACEHOOK..if you like to check it too often

Good luck friends! You will be CPAs… do not give up!

 

At 8:26pm on November 4, 2011, CBurns said…
I'm not sure if you are on 43 things. They had a must know list that I thought was pretty comprehensive of the exam (cash flows, bonds, Not for profit, govt etc). Those items are generally heavily tested.
At 7:21pm on October 27, 2011, CBurns said…

I was weaker in Business Law & Individuals. Stronger in Ethics and comparable in all other sections. I actually don't even recall that many BLaw questions on the exam but I guess I need to focus on it a little more. I am almost through all the material again (should be done by Monday) which leaves a month for me to drill the MCQ's until I am BLUE in the face. Thanks for the advice.

At 5:32pm on October 15, 2011, CBurns said…
Congrats on passing REG!!! If you have any tips, please share. I am studying for my retake :-(. What % were you going for on your MCQ's prior to sitting again?
At 7:20pm on March 6, 2011, CPA Exam Club said…
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