FAR Advice Please

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    Topic
  • #190993

    Hello all,

    I can use some advice/tips/guidance or anything that may help me pass FAR. I have take the exam now twice. I have passed AUD, REG and BEC and this is by far the most difficult section for me.

    My first attempt I received a 68 and I went up to a 72 on my second attempt. I am starting as a full time audit associate this January and I scheduled my exam for the third week of January. I only used Becker but I am going to purchase the Ninja MC and hope I will be able to practice some new problems that I have not seen before. In addition, I am not re-watching the Becker lectures but I am going to re-read and do all the questions again.

    If anybody can please give me some guidance if you were in the same position as myself or if you have passed and would like to share your strategy I would greatly appreciate it!

    Good luck to everyone and thank you for any feedback.

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  • #636078
    Anonymous
    Inactive

    I was in the same boat as you are now. Just hunker down and study your @$$ off. Keep pounding out MCQs and take notes on your weak areas. Fire off some sims, too.

    FAR prep takes time. A LOT of time. You'll get it.

    #636079
    zoctoman
    Member

    I think having multiple test banks is important. Most people say so because of having new information and not wanting to memorize multiple choice questions. But I actually think the better part of a different test bank is that it makes studying more exciting. I used gleim primarily and it was getting so monotonous after 2 cpa exams. By the time i was midway through my third(FAR) i was dying for a change. It turned out ninja mcq was incredibly fun to use, and i instantly had a rejuvinated mind to tackle the rest of my studies.

    for far i would also recommend doing some study sessions simply based upon journal entries. I know you can learn the entries by doing tons of multiple choice but I was hazy on the journal entries because studying them is so staggered going through multiple choice. Also, learning the journal entries helps you understand the questions better as well. Picturing the entries in your mind helps more than just being able to use the entry on a simulation.

    I felt hazy on entries and i changed my strategy and 2 days before my exam i dedicated it all towards entries. I know it was a drastic shift in studies but it just made me feel more confident. And even if it didn't gain me extra points on the test(it did), the confidence I felt afterwards counted even more.

    Good luck with FAR, you can do it!

    Audit(11/5/13) - 89
    Reg(5/16/14) - 86
    FAR(7/18/14) - 82
    BEC(11/14) - 85

    #636080
    MrCPA511
    Participant

    My success in FAR was pretty simple. I did every MCQ question at least 5 times and then redid most of the hard ones on a weekly basis. Also, I used journal entries as a way of teaching myself where everything goes rather than trying to memorize the journal entries. This way, journal entries comes naturally. Surprisingly, this allowed me to use journal entries as a way of bailing myself out of a questions. I think if you can get to that level of comfort, then you should be fine as the previous poster mentioned.

    FAR - 86 7/2014
    AUD - 95 10/2014
    REG - 87 1/22/15
    BEC - 84 7/2015

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