FAR Study Group 2020 - Page 11

Viewing 9 posts - 301 through 309 (of 309 total)
  • Author
    Posts
  • #2960591
    DocJ
    Participant

    How do you do Contingencies?

    You're supposed to recognize and disclose events if they're already known (like lawsuits) as of Dec 31st, right? And what about natural disasters after year end, are those only disclosed and not recognized? What about insurance, if you're covered and expecting something?

    I can't handle all these plot twists on a single topic 😮

    AUD - 75
    BEC - 81
    FAR - 74
    REG - 79
    I want to die.
    #2961791
    Jinny
    Participant

    I also use GLEIM!!!

    Life is too short to be wasted, I should have known that.
    #2961830
    jeff
    Keymaster

    @Docj

    Here are two pages from the FAR NINJA Book that you might find helpful: https://www.dropbox.com/s/j677u4078o6xgky/Contingencies.pdf?dl=0

     


     

    #2962379
    DocJ
    Participant

    Nice! 😀

    Also ugh, reading that now makes me realize I got some wrong (though can't remember). This mighta just been luck of the draw on my exam, but there was a LOT of contingency questions 😮

    AUD - 75
    BEC - 81
    FAR - 74
    REG - 79
    I want to die.
    #2962613
    Tncincy
    Participant

    Oh my God, it is so hard to stay focused. This corona and presidential debate and I have children in various states and out of the country trying to come home. My niece is in the military and scared to death. This world is in a chaos, but I still want to be a CPA. I guess I better turn off CNN and go study.

    It begins with a 75
    Been here too long as a cheerleader.....time to pass
    #2962775
    DocJ
    Participant

    “guess I better turn off CNN”

    Well I mean, you should be doing that either way, not just cuz you gotta study :p

    AUD - 75
    BEC - 81
    FAR - 74
    REG - 79
    I want to die.
    #2964215
    Tncincy
    Participant

    So I hear there will be an nts extension due to the Virus. I am glad because I really couldn't concentrate anyway with so much going on. I guess I will keep up with what's going on and study as well. Hope everyone is staying safe.

    It begins with a 75
    Been here too long as a cheerleader.....time to pass
    #2977472
    Tncincy
    Participant

    Is anyone else having trouble studying for Far since this virus/lock down/stay at home been going on? I am . I can't seem to find the energy to get it going because I just don't know when the centers will open again. HELP!!

    It begins with a 75
    Been here too long as a cheerleader.....time to pass
    #2977769
    Ashley
    Participant

    My best advice for you is to attend classes or tutorials for this. You probably forgot the basics and the foundation on this subject. But don't let attending tutorials interfere with your focus and discipline on doing a self study for your preparation. I hope this helps.

Viewing 9 posts - 301 through 309 (of 309 total)
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