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Jdot514
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| Posted: 17 Apr 2009 at 02:25 | IP Logged
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Is it worth my time to teach myself the pooling of interests method? There is a good portion of Becker homework reading dedicated to it, but there are no lectures on it, and it's pretty confusing to learn based on the reading alone. I also understand that this method is very rarely used (although I'm not sure whether or not that means it's very rarely tested). Is it worth my time to learn this concept? Thanks in advance for the advice.
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cinnamon
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| Posted: 17 Apr 2009 at 05:11 | IP Logged
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Well, this method is no longer used for business combinations (it was used until 2001). I have done the reading but I wouldn't be able to understand it hadn't been my working experience from a client who uses a similar format to account for some transactions in his books. It is hard to understand it without a lecture on it, but I would recommend that you do all MCQ's on this and also learn the pass key. My two cents
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cflas08
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| Posted: 20 Apr 2009 at 20:12 | IP Logged
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Does this pooling interest method have to do with the present value of money? If so, I'm kind of having a hard time understanding this. I like Gleim for the most part but they need to give more examples. I retain information and comprehend so much better if I have examples. Maybe it's because this is more conceptual in nature and not computational.
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Topic: Pooling of Interests Method
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