6-8 hours a day, I am doing this too.
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CPA Exam Review Forum » CPA Exam Section and Score Release Forums » FAR - Financial Accounting and Reporting Forum
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CantTakeIt
offlineMemberOther than the want to pass... how do you guys stay motivated and focused to study that many hours a day? I'm desperately trying to study even just an hour. I am beyond ready to be done with the exam but I just can't seem to put in all the time necessary.
Posted 7 months ago # -
CPAExamSucks
offlineMemberDoes anyone know whether the Yaeger recommended questions for 2010 Wiley book are the same questions as in the 2009 Wiley book? i.e. I did the Yaeger CRAM 2 weeks ago which was based on the 2010 book and they handed out the recommended questions. I only have the 2009 book and want to make sure that if I do the assigned questions in my 2009 book that I'm not totally off base since they assigned the questions based on the 2010 book. When they did questions during the cram, #37 (for example) in the 2010 book in a particular chapter was the same question in my book (except they updated the years referenced in the problem).
BEC 67,70,68,71,75!; FAR 68,67,73,81!; AUD 50,80!; REG 83 (lost credit), 86!
DONE!!!!!!!!Posted 7 months ago # -
Jeff - another71.com
offlineadminIt was borderline...I know you meant well :)
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Need help? Contact me via e-mail: jeff@another71.comPosted 7 months ago # -
kmath007
offlineMemberCAN SOMEONE EXPLAIN THIS FOR ME!! THANKS!
Question CPA-00657
Able, Inc. had the following amounts of long-term debt outstanding at December 31, 1991:
14 1/2% term note, due 1992 $ 3,000
11 1/8% term note, due 1995 107,000
8% note, due in 11 equal annual principal payments, plus interest
beginning December 31, 1992 110,000
7% guaranteed debentures, due 1996 100,000
Total $320,000Able's annual sinking-fund requirement on the guaranteed debentures is $4,000 per year. What amount should
Able report as current maturities of long-term debt in its December 31, 1991, balance sheet?
a. $4,000
b. $7,000
c. $10,000
d. $13,000
Explanation
Rule: Current maturities of long-term debt in the balance sheet should include amounts due and payable within
12 months of the balance sheet date.
The $4,000 sinking-fund requirement would be disclosed in a footnote but is not included as a current maturity of
long-term debt. Deposits into a bond sinking fund are an asset held by a trustee to repay the entire liability at
maturity.
Choice "d" is correct. $13,000 current maturities of long-term debt at Dec. 31, 1991.Posted 7 months ago # -
CPAWannaBe
offlineMember14 1/2% term note, due 1992 $3,000 plus $10,000 from 8% note, due in 11 equal annual principal payments, plus interest
beginning December 31, 1992 110,000 (110,000/11=10,000 current portion for 1991).I'll bet CapitalGains can tell you a better explantion ;)
REG - 75
FAR - 69, 64, 67
AUD - August 31... and AICPA Tea Party MemberPosted 7 months ago # -
CantTakeIt
offlineMemberI have had nothing to do at work and have been studying full time the last 3 days.... 8 hours straight and I'm about to lose my mind! I just had to give props to those who studying this many hours a day all the time! haha. I know it's what I need to do to study, but MAN it's killing me!
Posted 7 months ago # -
NJTProadwarrior
offlineMemberThis is so not fun : (
AUD: 79 - BEC: 74, 74, 76 - REG: 80 - FAR: 81 = DONE!
THANK YOU JEFF!!!!!!
Support NJ's ONLY Bear Orphange - http://www.woodlandswildlife.orgPosted 7 months ago # -
tommyh
offlineMemberPlan to take FAR Feb 20. This is a retake. Got a 68 for the last one which I took in Nov 09. My question is, if I take FAR by Feb 2010 (wave 2), will the results be out in March 2010? I want to be able to retake FAR in Apr/May window.
I am actually not ready for it but I want to give it a try in Jan/Feb window (I only have about 14 days to study given my current commitments). However, if taking it late in Jan/Feb window would prevent me from taking it in Apr/May window, thne I would wait for Apr/May window, which would give me more time.
BTW after I got the result for FAR in Dec I have not touch any of the FAR materials. It was just too depressing.
Posted 7 months ago # -
Will_it_ever_end
offlineMemberTommyh - I am in the exact same boat as you. Took and failed FAR on Nov 9 with a 69. I did not touch my FAR materials until January 8. You would be surprised how much you will remember. Not to mention that I bet you will more motivated in those 14 days than you would have the 14 days before you took FAR the first time. Use those 14 days and study and you will be ok. FYI, you are only prohibited from taking the same test in the same window. So if you took FAR in late February and failed, you would still be able to retake in April/May window.
REG 97, FAR 69,82, AUD 80, BEC 71, 81 - It finally ended!!Posted 7 months ago # -
glogo2384
offlineMemberHey everyone,
I'm starting to study for FAR tomorrow. I'm worried, because this stuff was the hardest for me in college. Any advice, tips? Am I gonna be able to pass this thing even if I am not strong with much of this material?
I am scheduled to take it 2.26, and planning to study 6-8 hours a day...5/6 days a week... using Becker... tips?
BEC - 77 (1/6/09) | AUD - 87 (8/12/09) | REG - 77 (1/15/10) | FAR - 74 (Re-Take 7/1/10) |
IL Candidate - 3 Down, 1 More To Go! - 'If it were easy, everyone would be a CPA'Posted 7 months ago # -
CantTakeIt
offlineMemberI'm with you, I didn't like this stuff in college so that's why I put off FAR till hopefully last.
Once I finally dug into the material which was difficult in itself... I'm finding it's not as bad as I remember from school. I've watched the lectures, so now I'm reading it a section at a time and doing that section's questions. It makes it less intimidating and I am finding the information is actually sticking and I understand it. So my advice... slow and steady wins the race! And don't get intimdated.
Posted 7 months ago # -
CantTakeIt
offlineMemberFor those of you doing 6-8 hours a day of studying... how much do you get through? I've been lucky enough to be studying during work, but I don't feel like I get through as much material as I thought I would in that much time. Are you getting through a chapter in that time? Reading? Watching lectures? Questions?
Just wondering if I'm going super slow.
Posted 7 months ago # -
glogo2384
offlineMemberI am able to get through a lecture and questions usually, with some additional work, maybe notes, and simulations... I don't spend too much time on simulations, I've learned they don't help as much as knowing the material does... meaning knowing the concepts, which MCs usually do a better job testing/learning.
BEC - 77 (1/6/09) | AUD - 87 (8/12/09) | REG - 77 (1/15/10) | FAR - 74 (Re-Take 7/1/10) |
IL Candidate - 3 Down, 1 More To Go! - 'If it were easy, everyone would be a CPA'Posted 7 months ago # -
glogo2384
offlineMemberAnyone using Becker to study for FAR?
I'm having a hard time figuring out which chapters (F1 thru F-9) carry the most weight on the exam. Can anyone help?
BEC - 77 (1/6/09) | AUD - 87 (8/12/09) | REG - 77 (1/15/10) | FAR - 74 (Re-Take 7/1/10) |
IL Candidate - 3 Down, 1 More To Go! - 'If it were easy, everyone would be a CPA'Posted 7 months ago #
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