u/K_M_H

▲ 61 r/CPA

FAR - Grumblings (Retaking next week)

Fuck lease accounting, fuck the equity method of investing, fuck consolidations, fuck the cash to accrual reconciliation that is just simple math but with tricky scenarios to trip you up, fuck the present value of lease liabilities, fuck right of use assets being the same as lease liability but different, fuck amortization tables, fuck stupid ass not for profits, fuck deferred tax assets. I just hate how they take easy dumb simple math and then throw in random months that you have to accrue for or the answer was 0 the whole time because nothing in the problem actually applies to the answer, and fuck the simulations. Wish me luck retake next Thursday (need 10 more points)

reddit.com
u/K_M_H — 19 hours ago