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  • in reply to: REG Study Group #2109351
    stan
    Participant

    What material is everyone using for REG? I am currently using Gleim, but I have read that there is a lot of unnecessary information within the course. Any recommendations?

    FAR: Passed

    AUD: Passed

    BEC: Passed

    REG: Passed

    in reply to: Nasba Error In Aud Simulation #1811099
    stan
    Participant

    @ash I know exactly which document you are referring to. It threw me off as well.

    FAR: Passed

    AUD: Passed

    BEC: Passed

    REG: Passed

    in reply to: AUD Study Group – Q2 2018 #1811084
    stan
    Participant

    Just took audit today. I thought the MCQs were fair and represents the difficultly of Ninja. I couldn't tell whether or not my second testlet increased in difficulty, so I either bombed the first testlet or have a solid understanding of the material.

    Definitely agree with @ash above regarding the sims. Do the AICPA sample test! I wish I'd gone over it a couple more times. Being familiar with FAR material helped me a lot on the sims as well. I'm on the fence about whether or not this is a pass. Going to enjoy the memorial weekend, then its on to BEC. Best of luck everyone. We got this!

    FAR: Passed

    AUD: Passed

    BEC: Passed

    REG: Passed

    in reply to: AUD Study Group – Q2 2018 #1805867
    stan
    Participant

    I can't think straight right now. Could someone help me with the question below? This is from the AICPA practice exam.

    The company shipped merchandise valued at $45,000 to a consignee on December 24, year 2, and recorded the sale and the relief of inventory on that date. The consignee had not sold the merchandise as of January 5, Year 3. The merchandise has a profit margin of 10% . Record the necessary year 2 adjustments, if any.

    The answer is:

    DR: Inventory 45K
    DR: Sales 50K
    CR: COGS 45K
    CR: AR 50K

    How did they get 50K for sales and AR?

    FAR: Passed

    AUD: Passed

    BEC: Passed

    REG: Passed

    in reply to: AUD Study Group – Q2 2018 #1748699
    stan
    Participant

    Finished reading/taking notes for SU 3 & 4 in Gleim today. Gonna read and take notes over the entire book before I tackle any MCQs/SIMs. This method seemed to work for me for FAR. Time to call it a night.

    FAR: Passed

    AUD: Passed

    BEC: Passed

    REG: Passed

    in reply to: Meanwhile in California #1742507
    stan
    Participant

    PASSED FAR! WHOOO!!

    FAR: Passed

    AUD: Passed

    BEC: Passed

    REG: Passed

    in reply to: Meanwhile in California #1742201
    stan
    Participant

    Looks like scores will be posted around 8AM tomorrow according to this CBA tweet:

    FAR: Passed

    AUD: Passed

    BEC: Passed

    REG: Passed

Viewing 7 replies - 1 through 7 (of 7 total)