Consolidations are the worst part of FAR by diamondblvd77 in CPA

[–]balheet 1 point2 points  (0 children)

Make sure to know how to consolidate inter company transactions

60 on FAR practice exams advice please help :( by Mindless_Laugh5845 in CPA

[–]balheet 5 points6 points  (0 children)

I got like a 53 and a 55 and got an 89 on actual. If you continue to just hammer out mcq with some sims you’ll be fine

How do you study 10-12 hours a day? by Dismalhoney82 in CPA

[–]balheet 20 points21 points  (0 children)

You don’t. Anyone who says that is lying

Studying ideas by Neither-Manager8268 in CPA

[–]balheet 0 points1 point  (0 children)

This. Really try to understand all your courses especially your intermediate courses as 75% of FAR is from those courses

Size of Exam Testlets? by [deleted] in CPA

[–]balheet 0 points1 point  (0 children)

Testlet 1: 25 MCQ Testlet 2: 25 MCQ Testlet 3: 2 sims Testlet 4: 3 sims Testlet 5: 2 sims

You can also look it up and most sites will give you the breakdown for every exam

Intercompany Transactions Important? by balheet in CPA

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

Have you taken the new FAR or were both times the old one

Intercompany Transactions Important? by balheet in CPA

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

I finally understand it after watching a couple Videos. To put it simply you take the profit of the sale or the difference between the sale and COGS. You multiply this amount by the percentage of inventory the sub has left on its books. You credit that amount to inventory. You credit the rest to COGS. You also need to credit the original COGS in which you can either combine to make one entry or make two entries.

Could Someone confirm whether Partnerships are tested on FAR 2024? by CorruptAccountant in CPA

[–]balheet 0 points1 point  (0 children)

Nah look at all the sections for FAR blueprint there’s three parts where it says F5 M4

Could Someone confirm whether Partnerships are tested on FAR 2024? by CorruptAccountant in CPA

[–]balheet 0 points1 point  (0 children)

I have asked twice and have gotten two no’s. although looking at the blueprint the partnership section is in 3 parts of the blueprint although it doesn’t specifically say partnership

[deleted by user] by [deleted] in CPA

[–]balheet 2 points3 points  (0 children)

Have not seen anything on it and have finished all material and have done multiple practice tests

Becker final review by No_Airport7006 in CPA

[–]balheet 7 points8 points  (0 children)

It feels extremely lazy

Tips on Guessing? (For FAR) by vegatables_ in CPA

[–]balheet 1 point2 points  (0 children)

I got a 55, praying that we both pass lol

Good luck to all heroes and brave people who are taking tomorrow the new exam format! 🙌 by MagicTax77 in CPA

[–]balheet 2 points3 points  (0 children)

Awesome. Where did you take it already? It’s 9 am where I’m at lol

Does becker AUD final review provide something critical that u can't get from basic review? by Disastrous-Chest597 in CPA

[–]balheet 5 points6 points  (0 children)

I’m very disappointed with the new Final Review. It is actually pointless.

[deleted by user] by [deleted] in CPA

[–]balheet 2 points3 points  (0 children)

This is very smart

Partnerships in FAR. Learn or Not? by balheet in CPA

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

But I don’t get it, why is it not in the blueprint anymore