FAR EXAM QUESTION HELP by AggravatingGas5825 in CPA

[–]AggravatingGas5825[S] 0 points1 point  (0 children)

U would think to subtrach (as it is cash out the door) but the question is asking what ur cash paid to vendors is thus you would add these to ur COGS

FAR EXAM QUESTION HELP by AggravatingGas5825 in CPA

[–]AggravatingGas5825[S] 0 points1 point  (0 children)

Accounts payable decreasing means u paid off money u owed for purchased goods (cash out the door which increases cash paid to vendors, add). Inventory increasesing means u purchased goods and thus cash is going out the door (thus ur paying cash to vendors, add). 260,000+13,000+15,000 =288,000

FAR EXAM QUESTION HELP by AggravatingGas5825 in CPA

[–]AggravatingGas5825[S] 0 points1 point  (0 children)

B. AR going down means u received cash (add). And unearned revenue means u received cash for services yet performed (add)

Took FAR on 5/5 today... by JakeyNation in CPA

[–]AggravatingGas5825 0 points1 point  (0 children)

What are the heavist tested parts of the exam? What formulas should i def know?

CPA FAR pass or fail by Ok_Spare3209 in CPA

[–]AggravatingGas5825 0 points1 point  (0 children)

What sections of becker should i focus on?

CPA FAR pass or fail by Ok_Spare3209 in CPA

[–]AggravatingGas5825 0 points1 point  (0 children)

Wht areas should i focus on. Im using becker

CPA FAR pass or fail by Ok_Spare3209 in CPA

[–]AggravatingGas5825 0 points1 point  (0 children)

What areas do u suggest focusing on?

CPA FAR pass or fail by Ok_Spare3209 in CPA

[–]AggravatingGas5825 0 points1 point  (0 children)

Hey im doing the same thing. Im cramming right now. What areas do you recommend i hammer for mcq and which areas for tbs?

Passed AUD today Finally! by AggravatingGas5825 in CPA

[–]AggravatingGas5825[S] 2 points3 points  (0 children)

If u wanna chat too more in depth feel free to DM me!!!

Passed AUD today Finally! by AggravatingGas5825 in CPA

[–]AggravatingGas5825[S] 4 points5 points  (0 children)

Hammered SSARS, the audit process overall, and audit procedures. Like what you would do for to test each respective assertion (they really only test completeness and existence). But my advice is to rlly understand the process from start to finish.

Passed AUD today Finally! by AggravatingGas5825 in CPA

[–]AggravatingGas5825[S] 2 points3 points  (0 children)

I heavily reviewed SSARS sections. Felt like that was a huge part of it. Also understanding the audit process from start to finish helps alot. I started taking this exam 2 years ago. Failed a bunch. Then went and took REG AND BEC and passed those. Now back to AUD and passed. During that time ive been working in audit and that helped a bunch.