F6 becker, defer tax asset and liability hard for you?

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  • #162648
    JOKEKIDDING
    Member

    i was struggling to get through the mcq on this topic, it took me so long, I mean i understand the basic concepts, but when i do the mcq, it’s just all over the place. Any tips for this topic?

    FAR 73(11/02/2010),74(08/31/2011), 80(11/30/2011)
    BEC 75(11/30/2010)
    AUD 87(01/26/2011)
    REG 77(07/09/2011)

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  • #306441
    JOKEKIDDING
    Member

    I have a lots of topics that needs to be nail down before my 3rd try for this beast. My previous score 73,74, hopefully can get 75 this time.

    My weak topics:

    IFRS,

    F2 foreign transactions, price change in financial reporting (small topic),

    F6 defer tax and liability.

    F7 financial instrument such as, foreign hedge and swap etc.

    F9 program service, support service…MCQs are confusing.

    any tips can share? will be appreciated…

    FAR 73(11/02/2010),74(08/31/2011), 80(11/30/2011)
    BEC 75(11/30/2010)
    AUD 87(01/26/2011)
    REG 77(07/09/2011)

    #306442
    ahgandar
    Participant

    Honestly, I would not worry too much about deferred tax assets and deferred tax liabilities. The Becker questions are 10xs harder than what you see on the exam (I took FAR three times). The exam just tests your basic understanding of the concept.

    BEC 78 (11/28/2011); 71 (1/28/2010)
    AUD 75 (11/05/2010); 73 (11/23/2009)
    FAR 77 (08/08/2011; 70 (04/28/2011); 64 (02/28/2011)
    REG 77,(11/12/2011); 77 (10/31/2009) Expired

    Done after two years

    #306443
    Anonymous
    Inactive

    @JOKEKIDDING,

    gotta know it, im so glad that i know this topic so well that i was able to do one of my simulations for FAR. too bad that i can't tell you what the question is, but you need to nail this topic.

    #306444
    JOKEKIDDING
    Member

    i couldn't imaging if i got this topic as my simulation 🙁

    FAR 73(11/02/2010),74(08/31/2011), 80(11/30/2011)
    BEC 75(11/30/2010)
    AUD 87(01/26/2011)
    REG 77(07/09/2011)

    #306445
    See Pee A
    Member

    This was a tough topic on FAR, but just be sure you understand the basic concept and you should be fine. There aren't a ton of MCQ's in Becker on deferred taxes anyway, so that should tell you a bit about how significant the topic is. Don't skip it, but don't spend more time on this and forget to review basic depreciation and miss that on the exam.

    BEC 86 (08/30/11)
    FAR 84 (10/13/11)
    REG 88 (11/08/11)
    AUD 86 (11/29/11)

    Exam prep - Becker self-study

    #306446
    JOKEKIDDING
    Member

    See pee a, you are right and thanks for the suggestion guys. I took far twice already, i understand what you mean. I will be more focus on the basics this time.

    I am just angry about myself, this is my 3rd time going through this, i am still hoping to nail this topic.

    FAR 73(11/02/2010),74(08/31/2011), 80(11/30/2011)
    BEC 75(11/30/2010)
    AUD 87(01/26/2011)
    REG 77(07/09/2011)

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