December 18, 2017 at 1:27 pm #1679291
NINJAs … I know you're wondering about 2018 updates.
This FAR update has been the worst that I can remember. I thought the 2011 IFRS update was bad … then the 2013 AUD update … this has been worse 🙂
The FAR NINJA Notes update is here …
I have the FAR NINJA Audio updated for Financial Reporting … I'll upload that next.
I still have some work to do on the other sections within the NINJA Audio and will be posting them.
FAR Book – update is coming this – this week
FAR MCQ – Content update is done … getting uploaded in the DB this week (that's the plan)
Flashcards … BLITZ … etc … they are coming too.
The other sections have very minor tweaks, if at all.
Thanks for your patience (and for being NINJAs),
– jeffDecember 18, 2017 at 2:39 pm #1679326December 19, 2017 at 3:23 pm #1682102December 19, 2017 at 4:45 pm #1682309December 19, 2017 at 8:43 pm #1682687December 19, 2017 at 9:42 pm #1682767December 19, 2017 at 10:42 pm #1682822December 19, 2017 at 11:36 pm #1682870December 22, 2017 at 9:22 pm #1684963
FAR Book Update: https://www.ninjacpareview.com/far-ninja-book/
Worst update ever. 😀December 22, 2017 at 10:14 pm #1684982December 22, 2017 at 10:54 pm #1684987December 22, 2017 at 11:08 pm #1684991
The MCQ are going to be offline tonight.
Before you yell at me – there wasn't a good time to do it – so late Friday night of a holiday weekend seemed optimal.
Sorry for messing up anyone's plans.December 22, 2017 at 11:21 pm #1684994Earla RiopelParticipant
Happy holidays, Jeff. I hope you and your beautiful family have a nice Christmas. I'll be studying as always. Likely to start pounding my Ninja MCQs in the next few days! I will definitely check all the ‘updates'. As Ninjas, we sure appreciate them.
Thank you for your continuing support. You're an angel to all of us! May God keep giving you blessings. You're a good person, we're thankful to meet you in our lives.
Peace…Happiness…Joy to the world…Merry Christmas & Happy New Year!December 22, 2017 at 11:31 pm #1685000
Thanks Earla! Merry Christmas to you too.December 23, 2017 at 7:42 am #1685047December 23, 2017 at 9:07 am #1685069AnonymousInactive
Thank you Jeff! What makes this the worst FAR update? could you please elaborate as I begin to restudy for FAR? 🙂 And Merry Christmas to you and yours-I don't know what I would do without this site and your products!December 23, 2017 at 9:53 am #1685083
The new revenue recognition rules are a really big update.
AFS and Trading equity securities went away … and a big update to NFP accounting.December 23, 2017 at 12:40 pm #1685176Earla RiopelParticipant
The new revenue recognition rules are a really big update.
I haven't seen all the Ninja updates yet, but can you imagine the ‘new revenue recognition rules' will have CPA Exam questions on all 4 sections?
For FAR: Preparing FS – In SIMs, doing adjustments/correcting errors through worksheets, in columns, even JEs, adjusting and non-adjusting JEs? In MCQs, just calculating amounts through interpretation of question(s)?
For REG: Not so much I would say, maybe just the ‘new revenue recognition' of income reported for tax purposes. Since, even for the individual tax return, passive (maybe) & non-passive (self-employment – business-related income through pass-through entities like sole proprietorships and partnerships) use FS in the entity-level.
For BEC: It can only affect on FS preparation, the manner of recognizing revenues. They might not put anything on BEC, hard to say.
For AUD: Anything goes on Auditing. In the past actual exams, especially 2017 Q3/Q4, I saw FAR related topics. Just to think, Auditors audit FS prepared by the management.
AFS and Trading equity securities went away … and a big update to NFP accounting.
Too bad, I love this area of FAR.December 23, 2017 at 3:54 pm #1685243AnonymousInactive
No more AFS???? I love it! I hate them so much! 🙂 LOLDecember 23, 2017 at 4:58 pm #1685263
Still AFS – just not with equities 🙂December 23, 2017 at 7:09 pm #1685290
The MCQ database does is not picking the correct number of questions. For example in the conceptual framework standards section the first section of questions has 23 MCQs. If i click on that only and click 30 question it's making me do 30 question and not just on that topic its mixing the 30 through every topic on in the FAR MCQ review. It's kind of frustrating.December 23, 2017 at 8:21 pm #1685306
It sounds like you’re picking a set of 23 questions with a total population of 30 so it’s pulling others in to meet the 30.December 24, 2017 at 6:56 am #1685378
Exactly. The problem is when I used the AUD material if the set only had 23 question then it didn't matter if i chose 30 or 50 only 23 question would be shown. Am I making any sense?December 24, 2017 at 6:58 am #1685381
Also if I pick that same set of 23 question and put 15 minutes on only 1 question pops up when I go do the MCQs. This has to be a problem?December 24, 2017 at 8:35 am #1685402
Please email support and we will look at it. If the software is still working and you can study – I’ll have the tech look at it post-Christmas.December 25, 2017 at 1:41 pm #1685579VeronicaParticipant
Happy Holidays Jeff! I was planning to purchase the REG MCQ access only, but do not see that option anymore. I see the 3 plans that available, but would like just to purchase the MCQ access only.
Hope to hear from you.
Thanks!December 25, 2017 at 5:21 pm #1685626
Hello – they are only sold in the packages – unless it’s for a renewal.December 25, 2017 at 9:58 pm #1685686VeronicaParticipant
Thanks for your quick reply. My access expired back in July 2017. Can I renew just the MCQs for REG? I already have the notes and audio.
Thanks!December 25, 2017 at 10:28 pm #1685692
Sure thing – just email support please and we can make it happen.
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