FAR 4th quarter 2014 (Becker CPA COMPARISON)

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  • #189459
    Anonymous
    Inactive

    I studied using only Becker CPA materials for FAR and thought I was adequately prepared for the real exam today having scored a 77 and 84 on the 2 practice exams and getting close to 90%s on the progress tests the last week. However, I feel like I completely and utterly failed my exam tonight(Failed in terms of only getting about 2/3 of mcq right and maybe half of simulations.

    My first testlet was easy, but my 2nd and 3rd teslets were ridiculously hard and there were a bunch f questions that asked for IFRS treatment of something when those types of question never even asked you in Becker to distinguish GAAP and IFRS, so I’m wondering if those questions were just meant to psyche candidates out.

    Is the curve for FAR real huge? Let’s say you get a 75% on Becker and they say youll get an 85% on real thing then. But is the actual percentage you get right on the real thing actually like 65% and the curve makes it an 85%. Do you see what I’m saying?

    Thanks and sorry for rambling.

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  • #614075

    I've never used Becker but if they didn't have IFRS in their question bank that's a damn crime. I'm not in the business of disclosing the exam but it is very clearly stated in objectives outline. Hope you pass in spite but if you fail I recommend the ninja notes as a supplement. Jeff has a really nice IFRS/GAAP summary chart in there

    MBA,CMA,CPA, CFF?, ABV?

    #614077
    Rocky123
    Member

    That's the problem. You never know what they are going to ask. You spend hours on a subject and they only have 3 or 4 questions on it at best.

    The tallest oak in the forest was once just a little nut that held its ground.

    AUD-PASS
    BEC-PASS
    REG-PASS
    FAR-PASS

    Rocky123, CPA

    #614078
    Nute
    Participant

    @ 2many

    We had the same test my friend. The same exact test, I had the same experience, that particular topic you mentioned came up in the MCQ I believe, when I hit the SIMS and saw that I just thought to myself this is not real, two diabolical testlets and now this is the SIM I get?

    I have taken FAR three times and have had three different experiences. All three times there seemed to be a flavor of the month topic, and this third time the IFRS flavor of the month did not even have example problems in the review materials (I am hoping like none other that this was the pretested topic). Otherwise after two 74s this will be my third FAR fail.

    Passed All Four Exams!

    Best Exam Advice (came from a fortune cookie after I got a 74 on my first exam):
    "Study and prepare yourself and one day, your day will come"

    That day came on June 9th, 2015

    Licensed NJ CPA

    #614079
    EuroAddict
    Participant

    I use becker and chapter 10 (the last chapter) has about 20 pages, front and back, of the differences b/w GAAP and IFRS. Throughout the study they also compare the differences.

    It is super easy to just be like “eh, will just focus on GAAP B/C I'M A DAMN AMERICAN!” lol.

    *frantically studies IFRS for test this Friday*

    -----------------------------
    BEC - 77, 03/2015 (first try)
    FAR - 79, 05/2015 (second try)
    REG - 83, 12/2015 (first try)
    AUD - 84, 03/2015 (first try)

    I got 99 problems but the CPA ain't one.

    #614080
    Nute
    Participant

    It must be pretested. Those pages which do the comparison won't help you for this particular sim. It is much more detailed than stating differences. They will aid in the MCQ though.

    Passed All Four Exams!

    Best Exam Advice (came from a fortune cookie after I got a 74 on my first exam):
    "Study and prepare yourself and one day, your day will come"

    That day came on June 9th, 2015

    Licensed NJ CPA

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