Industry Accountants – Did you struggle with FAR?

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  • #178377

    I was told to save FAR for last by an old colleague because of the nature of our work in Real Estate accounting. I currently do the corporate consolidations for the operating company of a REIT and am wondering just how difficult FAR was for those in similar roles.

    Thanks!!

    AUD 73 (Aug 12) 77
    BEC 66 71 (Nov 12) 80
    REG 54 81 (May 13) 81
    FAR 63 (Dec 13) 75 TEXAS

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  • #424179
    CPA_Runner
    Member

    Didn't struggle in FAR. Struggled mightily in REG though!

    I work in external reporting and internal controls…so that would probably explain it haha.

    AUD - 80 (05/23/2012)
    FAR - 75 (08/09/2012)
    BEC - 81 (12/05/2012)
    REG - 71 (10/16/2012); 70 (02/12/2013); 78 (04/08/2013)
    Ethics - 98

    #424180

    Damn – We keep our corporate books on an income tax basis and our property accountant keeps our REIT books on a GAAP basis…which is probably why I did not struggle as much with REG.

    Mind the GAAP! lol

    AUD 73 (Aug 12) 77
    BEC 66 71 (Nov 12) 80
    REG 54 81 (May 13) 81
    FAR 63 (Dec 13) 75 TEXAS

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