[Anonymous]

So I was weaker on sims, comparable on govt, nfp, and standards, stronger on financial statement accounts, but weaker in specific transactions. I guess if specific transactions was comparable, my 74 could have been a 76 even with weaker sims ahhh…anyway what questions I guess are they referring to when they say specific transactions/events?? I am taking a Becker break and hitting ninja mcq for my new date 1/13

[CPA soon]

Becker has the Descriptions in the begining of the book:

III. Specific transactions, events and disclosures: recognition, measurement, va l u ation, calculation, presentation,

and disclosures 27-33%

A. Accounting changes and error corrections L. Impairment

B. Asset retirement and environmental obligations M.lnterim financial reporting

C. Business combinations N. leases

D. Consolidation (including off-balance sheet transactions, o. Distinguishing liabilities from equity

variable-interest entities and noncontrolling interests)

P. Nonmonetary transactions (barter transactions)

E. Contingencies, commitments, and guarantees (provisions)

Q. Related parties and related party transactions

F. Earnings per share

R. Research and development costs

G. Exit or disposal activities and discontinued operations S. Risks and uncertainties

H. Extraordinary and unusual items

T. Segment reporting

I. Fair value measurements, disclosures, and reporting

U. Software costs

J. Derivatives and hedge accounting

V. Subsequent events

K. Foreign currency transactions and translation W. Transfers and servicing of financial assets and derecognition

The format is screwed up lol but that's it.

FAR - 71, 68, 74, (8/31/14) 78 ✔
REG - 67, 71, 71, (10/18/14) 78 ✔
BEC - (11/29/14) 86 ✔
AUD - 73, (4/4/15) 86 ✔

I can't believe this is over! 2 years and 3 months..

[Anonymous]

Thanks. Praying to pass this in 4 weeks

[CPA soon]

Study everything all over, not just the weak areas. Good luck!

FAR - 71, 68, 74, (8/31/14) 78 ✔
REG - 67, 71, 71, (10/18/14) 78 ✔
BEC - (11/29/14) 86 ✔
AUD - 73, (4/4/15) 86 ✔

I can't believe this is over! 2 years and 3 months..

[Anonymous]

Thats the plan..figure take it before busy season while it's still fresh, good luck with audit…take your time on the sims alot of help from the Al Tab, allocate at least 1.5 hrs

[Author]

Replies