Importance of SIMS

  • Creator
    Topic
  • #1586723
    cpApex Predator
    Participant

    NINJA Question –

    Taking FAR in 9 days. Have spent over 200 hours studying. Just this last week started to do SIMS, and they test your understanding on a whole other level. I had a huge block up in beginning to do them, but sure glad I did. Gauging from the comments of others who have taken the exam, it seems like just as much time if not more needs to be spent on SIMS.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - 86
    REG - 89
    Why do you lag?  What is it to you that idle tongues will wag?  Follow my steps through all such whisper of you.  Be as a tower of stone, unswayed by whatever the winds may do.  For when a man lets his attention stray, it saps his mind's force with continual change.  -Dante
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    Replies
  • #1586741
    Anonymous
    Inactive

    Yup, it is 50% of your grade!

    #1586818
    maxb
    Participant

    I didnt spent all that much time on sims. I didnt find that it helped me personally. I wouldnt try to solve the sims during practice, i would just look at the answers and make sure it made sense to me. All that being said, i wouldnt recommend to anyone that not studying them is a good idea. I didnt go crazy with them but def at least looked at them to make sure i have an idea of how it was done. I probably practiced FAR sims the most, expecially JE's etc.

    #1586820
    mtaylo24
    Participant

    I would recommend to take the AICPA practice test to get a feel for the sims. One research, a few DRS, and then JEs/Financial statements are always expected for FAR.

    CPA (2017)

    REG:  75

    BEC:  76

    FAR:  77

    AUD: 78

     

    CMA (2019)

    P1: 380

    P2: 360

    AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
    REG - 55 (2/16) 69 (5/16) Retake(8/16)
    BEC - 71(5/16) Retake (9/16)
    FAR - (8/16)

    #1586832
    cpApex Predator
    Participant

    Thanks for the tips. I just worked a couple SIMS here in Ninja, and, boy, what a better system than Wiley SIMS. So much easier to navigate through! The best spent 47 dollars in a long time.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - 86
    REG - 89
    Why do you lag?  What is it to you that idle tongues will wag?  Follow my steps through all such whisper of you.  Be as a tower of stone, unswayed by whatever the winds may do.  For when a man lets his attention stray, it saps his mind's force with continual change.  -Dante
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