AL research on SIMs

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    Topic
  • #187966
    Excel14
    Participant

    Hi everyone:

    I periodically read about people checking SIM answers through the AL (if it can be found), but am unsure what people are talking about. I have practiced research SIMs using the AL, but nowhere did I see where benefit can be gained on computational type SIMs. I don’t plan to hang my hat on the AL for the SIMs, but I was just curious what people mean.

    What do they call an accounting person, who only managed a 75 on all four parts of the CPA exam....you got it, CPA!!!

    BEC (2/28/16) ----- 78
    FAR (09/10/16)-----
    AUD
    REG

    CIA, CGAP, CFE

Viewing 12 replies - 1 through 12 (of 12 total)
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  • #596207
    Excel14
    Participant

    Bump

    What do they call an accounting person, who only managed a 75 on all four parts of the CPA exam....you got it, CPA!!!

    BEC (2/28/16) ----- 78
    FAR (09/10/16)-----
    AUD
    REG

    CIA, CGAP, CFE

    #596208
    Guti
    Participant

    Im having the same issue,I can never find any computational problem.

    FAR-84
    AUD-
    REG-
    BEC-

    #596209
    Kimboroni
    Member

    It can help if you can't remember whether or not to include certain items in the calculation, such as on REG. What section are you asking about?

    AUD 84 (1/9/14-Wiley books/TB + free materials)
    FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
    REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
    BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

    Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

    #596210
    Excel14
    Participant

    FAR. I see people say that they have found complete numeric examples, but I have never seen anything of the sort. Just wondering what AL others were looking at. lol

    What do they call an accounting person, who only managed a 75 on all four parts of the CPA exam....you got it, CPA!!!

    BEC (2/28/16) ----- 78
    FAR (09/10/16)-----
    AUD
    REG

    CIA, CGAP, CFE

    #596211
    impska
    Member

    I was able to find guidance on all my REG sims. Including a walkthrough of a specific computational problem (but needlessly complicated because it's written by the IRS).

    I also used the AL for FAR – which reminded me that something was supposed to be deducted instead of added and saved me a math error. I can't recall the nature of the computation. But the AL did specifically say something like, “X is stated separately and then deducted from Y.”

    But I've never been able to effectively do it with Becker – the AL isn't complete enough for that.

    REG - 94
    BEC - 92
    FAR - 92
    AUD - 99

    #596212
    Kimboroni
    Member

    Ok, I'm not much help, then. I don't think I tried using it for FAR. I was tired of looking at the sims and hit exit with about 15 minutes left. But I still passed. (I think I did really well on the MCQs and muddled my way through the sims just enough.)

    AUD 84 (1/9/14-Wiley books/TB + free materials)
    FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
    REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
    BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

    Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

    #596213
    Excel14
    Participant

    @impska: Thanks. I just knew I hadn't seen any “numeric examples” given in the AL, which is what some of the posts sounded like.

    @kimboroni: I hear you. I have a feeling it won't end up being much use to me either, based on the time length and amount of material for this beast!

    What do they call an accounting person, who only managed a 75 on all four parts of the CPA exam....you got it, CPA!!!

    BEC (2/28/16) ----- 78
    FAR (09/10/16)-----
    AUD
    REG

    CIA, CGAP, CFE

    #596214
    thechapman
    Member

    The AL didn't help me very much (read: at all) on FAR simulations, but I found quite a bit of helpful information in the AL for my audit sims. It seems the real key is being able to see a problem/question and being able to recognize the “call of the question” and know the terms that the AL would use for that issue.

    Passed - 2014

    #596215
    Anonymous
    Inactive

    The AL helped me on one SIM in AUD (two if you include research). Didn't do much for me in FAR, other than research.

    I think it depends on the nature of the SIMs you are dealt. Some lend themselves better to verification than others.

    #596216
    playonwards
    Member

    My experience with FAR and AUD is that the AL is only helpful for the research questions (obviously). On FAR everything was something you had to calculate. On AUD everything was something you had to either calculate or answer specifically for the scenario provided. So I wouldn't count on it being much help to you.

    FAR- 92 (7/25/2014)
    AUD- 93 (8/30/2014)
    REG- 93 (10/10/2014)
    BEC- 91 (11/10/2014)

    Using Becker self-study only. Working full-time.

    #596217
    accountabergs
    Participant

    the AL was crucial for my passing of the exams. You may or may not be able to find the specific problem/question you are looking for, but there is a good chance you can find direction-or even a specific illustration. I would practice using it while you are doing your practice sims, even if you know how to do them.

    Passed in 2014

    FAR- (5/27) 88
    REG- (2/20) 70, Rematch: (7/2)83
    BEC- (4/2) 85
    AUD- (4/24) 87

    Using Becker live classes and online materials

    "if you get confused, listen to the music play"

    #596218
    nolan3387
    Member

    I remember for one of my practice SIMS they asked for diluted EPS. I didn't remember all the information needed, and I did not want to look in my notes for help. I searched the AL, and low and behold it was there. The AL even used numbers and examples to help solve.

    AUD - 87
    FAR - 82
    BEC - 75 - Danced with the bubble and I won!!!!
    REG - 73, 80

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