What is your method for nailing down the journal entries in FAR?

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    Topic
  • July 8, 2015 at 9:39 pm #195301
    TheLumbarYard
    Member

    I am having a very hard time memorizing all the accounts for the JE’s in pension, gov’t, and NFP and was wondering if anyone had any advice on how to nail them down?

    AUD - 78
    REG - 76
    FAR - 82
    BEC - 80

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  • July 8, 2015 at 9:41 pm #684167
    golfball7773
    Participant

    Re-write them every time you do a practice question even if the practice question doesn't ask you to make a JE.

    REPETITION!

    AUD - NINJA in Training
    BEC - 86
    FAR - NINJA in Training
    REG - NINJA in Training
    AUD - 71, 73

    BEC - 74, 86

    REG - 77*

    FAR - 57

    *expired

    (I have been trying to become a CPA since 2013). only one test down.......

    FAR: 63, 55, 62
    REG: 65, 77*
    AUD: Fail, 64, 71
    BEC: 72, 74, 81

    *expired

    July 8, 2015 at 9:56 pm #684168
    Tcohle
    Participant

    I went to accountingprinciples.com, printed out every journal entry example, and studied each until I was comfortable.

    AUD - 84
    BEC - 75
    FAR - 76
    REG - 87
    Ninja Notes/MCQ/Book/Audio for all

    FAR- 5/11/15 76!!
    AUD-10/31/15 63, 84!
    REG-7/12/16 72
    BEC-8/31/15 75!! Perfect Score!

    Wiley CPAExcel Platinum
    Ninja 10 pt combo for FAR/AUD/BEC

    July 9, 2015 at 1:14 am #684169
    Anonymous
    Inactive

    Understand them. If you merely memorize, you'll forget it all. Comprehend the underlying reason why the JE is the way it is. I've had some issues with some JE's while preparing for FAR and I posted my concerns here and got explanations by really smart people. So, if you don't get it, ask about it, or post it here. DO NOT MEMORIZE IT.

    July 9, 2015 at 1:48 am #684170
    makiu
    Participant

    @TheLumbarYard

    Do not memorize, try to make it every time you have a multiple choice or SIM. Get a piece of paper and write it down. Just like when you are writing a check and updating your account balance, make it a habit. It will flow. Just like @golfball and another85 are saying. In regard GVT, NFP is another ballpark, it take time to learned these subjects, do not rush, and do not even try to take FAR test without mastering those 2 areas. Good luck studying

    BEC-PASSED

    AUD-PASSED

    FAR – TBD this window

    REG – Fall 2015

    July 9, 2015 at 3:25 am #684171
    TaxGod
    Participant

    Honestly just learn and understand the logic behind them.

    AUD: 02/28/15 - 89
    FAR: 05/29/15 - 80
    BEC: 08/03/15 - 81
    REG: 08/27/15 - 76

    July 9, 2015 at 4:08 am #684172
    Anonymous
    Inactive

    “Re-write them every time you do a practice question even if the practice question doesn't ask you to make a JE.”

    The problem with this is that you have no way to check your work.

    July 27, 2015 at 1:02 pm #684173
    JerseyJay14
    Member

    @tcohle do you have a link of where you went to see the journal entries? I'm looking online and can't find it. Thanks!

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