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Viewing 15 replies - 571 through 585 (of 1,166 total)
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  • in reply to: FAR Study Group Q4 2014 - Page 39 #628655
    Determined CPA
    Participant

    Wood Co.'s dividends on noncumulative preferred stock have been declared but not paid. Wood has not declared or paid dividends on its cumulative preferred stock in the current or the prior year and has reported a net loss in the current year. For the purpose of computing basic earnings per share, how should the income available to common stockholders be calculated?

    Answer: The dividends on the noncumulative preferred stock and the current-year dividends on the cumulative preferred stock should be added to the net loss.

    I thought that if dividends weren't declared, it was simply a footnote disclosure. why would the current-year dividends and the dividends in arrears on the cumulative preferred stock be included?

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: Last Test Woes(FAR)…Can't Retain Anything - Page 39 #619424
    Determined CPA
    Participant

    I agree that you probably know more than you think. Do as many MCQs as humanly possible from now until Saturday. And Sunday, re-read notes and get 8 hours sleep. Good luck to you!

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: New look of NASBA site - Page 39 #619366
    Determined CPA
    Participant

    maybe if we all check it early we can be like Kim K and break the internet

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: FAR Study Group Q4 2014 - Page 39 #628637
    Determined CPA
    Participant

    LOL

    friends don't let friends retake FAR Q1!

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: FAR Study Group Q4 2014 - Page 39 #628635
    Determined CPA
    Participant

    ok guys – I see jeff posted Q1 FAR – WE DO NOT WANT TO BE IN THAT GROUP!!! 7TH INNING STRETCH!!

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: New look of NASBA site - Page 39 #619363
    Determined CPA
    Participant

    that countdown stresses me out

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: Name on resume - Page 39 #619371
    Determined CPA
    Participant

    I went through this 2 years ago when I was looking to leave Big4 and start somewhere smaller. When I started at Big4, I wasn't married yet and had a very Italian name. My husband is Spanish with the most Spanish last name ever. I was very worried that I wouldn't get a call based on my last name and even considered hyphenating it for my resume. But then I decided not to bc I wouldn't want to work for a firm that discriminates.

    it was at that moment my husband looked at me and said ‘now you know how it feels'….pretty shitty!

    It's a tough call though. Unfortunately people do judge a book by its cover. Might be worth changing your name just to get in the door so they can see your good qualities.

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: Becker – FAR – Ch1 - Page 39 #619186
    Determined CPA
    Participant

    Yep! I owe Q3 to my BEC pass!

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: Becker – FAR – Ch1 - Page 39 #619184
    Determined CPA
    Participant

    I guess the overall quota =(

    so unfair! I failed Audit in Q4 last year, my only fail so far. that's why ANY advantage I can get over other candidates, I will gracefully take!

    Review ch1 and 10 =)

    know your JE's

    Know lifo, fifo, WA – as jeff said in the audio, under NO condition do you walk into FAR not knowing those frontwards, backwards and sideways!

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: I hate my job! - Page 39 #624193
    Determined CPA
    Participant

    have a positive attitude and plow thru the year!

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: Becker – FAR – Ch1 - Page 39 #619182
    Determined CPA
    Participant

    https://www.aicpa.org/becomeacpa/cpaexam/psychometricsandscoring/passingrates/pages/default.aspx

    pass rates – look at last year =(

    FAR was lowest in Q4

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: Becker – FAR – Ch1 - Page 39 #619181
    Determined CPA
    Participant

    Not harder, just the pass rate is lower, I think. I could be wrong but I think Q2 and Q3 have higher pass rates in the past.

    Any competitive advantage you can give yourself over other candidates is worth it.

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: Becker – FAR – Ch1 - Page 39 #619179
    Determined CPA
    Participant

    I know that ch1 probably isn't as important as some of the other chapters, but I do not neglect any of the chapters. Some people even said ch10 is not worth putting a lot of time into, but I listened to all the lectures and did all the questions.

    My advice is give it some time.

    Q4 is a hard Q to pass, esp FAR. Would be crazy to fail with a 74 because you didn't do a good enough review of certain chapters.

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: Audit Friday Panicking me :( - Page 39 #619233
    Determined CPA
    Participant

    exactly – worst case scenario, take it again

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

    in reply to: Big 4 promotion timeline – 2 questions plz - Page 39 #619410
    Determined CPA
    Participant

    Really depends – I worked at PwC and was promoted after 2 years, others were 3. They want you to be ready.

    And yes, there is a promotion day but I don't think they go by ‘1 busy season' = 1 year.

    If youre trying to chose which company to go to, I wouldn't worry about that as much. Just do the best you can and it will happen in good time!

    A - 75
    B - 78 God is good.
    F - 77 Answered prayers.
    R - 84! Done!!

    Paperwork sent - waiting for license!!
    Still on a cloud and in shock. Through God, all things will happen.

Viewing 15 replies - 571 through 585 (of 1,166 total)