Jeff - another71.com
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coolguy662
offlineMember
Thanks the heads up Jeff... just took BEC today & getting ready for FAR, which will be the final one.
I wanted to ask if there will be any major changes to the FAR section in the upcoming window that i should be aware of... also, i currently have the 2008 Edition of textbooks from Becker ... will they be ok for now, or should i buy a newer version... i bought the complete set last year and never got to use FAR uptill now.
Thanks
Jeff - another71.com
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2009 materials should be ok, but 2008 materials need to be thrown away.
There were some major changes from 2008 to 2009.
I always recommend using the latest (2010) materials, though.
Jeff - another71.com
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QCPA - nothing has changed...that's just my standard FAR study suggestion. It's my same recommendation as when I took it in 2008. The strategy is still the same.
-Jeff
coolguy662
offlineMember
@VMC82 .... i also have the 2008 version of Becker books and have used them for 3 of the parts without a problem... but i seem to have a question for FAR, simply because of the new FASB's that were issued since 2008 & their testing on the exam.
Jeff, if you could provide some insight... how is the Yaeger Material comprised?... meaning, do u have a software to do the M/C Q's and Simulations Practice, along with the regular textbook? ... just want to get some insight because at this point i am leaning towards buying the latest FAR section from Yaeger. Also if i buy the course from Yaeger, does that include he textbook or only the lectures?... thanks in advance for your input.
Sometimes its better to be safe, since this is my final section.
Cowpatty
offlineMember
thanks for the info; worse case I am taking it Feb1st-6th not sure what day Sat falls on; I start studying tomorrow night.......I pushed back my Monday rework of FAR....but heck if I pass either way it will still be worth it
CPAWannaBe
offlineMember
I've been studying for FAR since mid-October and feel like nothing is sticking! There is so much information and I can't seem to retain what I felt good about even a week ago. I wish I could just get it over with, but no testing in December. That makes no sense to me since accountants are usually not so busy in November and December - the perfect time to take the exam. Our busy season starts up in January so if I don't pass then, I will have to wait until April or May. That 18 month window gets more and more narrow!
Anonymous
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Shilpi123, I think that would be sufficient. I passed using Wiley, but I hear great things about Yaegar!!!
Jeff - another71.com
offlineadmin
"Jeff, if you could provide some insight... how is the Yaeger Material comprised?... meaning, do u have a software to do the M/C Q's and Simulations Practice, along with the regular textbook? ... just want to get some insight because at this point i am leaning towards buying the latest FAR section from Yaeger. Also if i buy the course from Yaeger, does that include he textbook or only the lectures?... thanks in advance for your input.
Sometimes its better to be safe, since this is my final section. "
The Yaeger FAR HomeStudy comes with the 2010 Wiley CPA book, 2010 Wiley CPA Software with MCQs and Sims, approx. 13 lecture DVDs, instructor handouts, and instructor hotline.
You can get it for $345 if you join Club 75. Get it for $395 without joining Club 75 with the code A71PART.
You will want updated (2009 and beyond) material because of 141R.
http://www.yaegercpareview.com/
I used the HomeStudy to pass FAR.
-Jeff
Jeff - another71.com
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shilpi123 - the Wiley + Yaeger cram is only good if you already have a solid foundation for FAR. The cram is meant for a final look at everything, not to teach you the foundational concepts. For this, you would want the HomeStudy.
-Jeff
Anonymous
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I went through it once, although I wanted to do more...I was so excited to find out that I had passed!!! I would recommend going through the questions at least twice...Good Luck!!
rycpa
offlineMember
Hi Jeff,
Not sure if you could help with this question......
I applied for my NTS for FAR Sept. 27, even though I wasn't planning on writing until the first week of April. The reason I applied so early is that I'll be writing my exam in Guam and the dates fill up pretty quickly - I mean several months in advance (I'm writing AUD there Jan 5 and I was on prometric.com everyday for a month waiting for a cancelation), especially for the longer exams - AUD & FAR. It didn't even dawn on me at the time the expiration date for my NTS would be three days shy of April. I'm unable to write the exam until mid-March, but March being a "no write" window, I'm pretty much out of luck as well as over $300. I wrote NASBA the very next day when I realized the mistake. Still haven't heard back from them.
Do think there is anything I can do to extend my NTS number just three measly days??? Or should I suck it up and re-apply for a new NTS??
Thanks!
CPAWannaBe
offlineMember
Does anyone study the AICPA released questions? I know they are "retired", but is it worth it to get a different perspective on things?
I wonder if the Becker and Wiley questions are retired? Or do they purchase currently used questions.
Seemed like when I took REG, I didn't recognize any Becker or Wiley questions, but I saw a lot of simliar material in the AICPA questions (not exact, but very close).
cmb2009
offlineMember
CPAWannabe,
I always look over them...mainly because I look at Becker's so much that by the end of my study period I have them all memorized. I don't allocate much time to them...I typically just glance over them to make sure I understand how they got the answer they got, and I tend to do it a day or two before the exam.
Cowpatty
offlineMember
Becker is the easiest way to remember the material; I just could not pony up that much money to take their courses
all review companies work if you put in the work.......it is kind of like a skate board.........you can have the best one in the world but still suck at skating b/c you never put in the time and work to develop the skill and vice versa
Jeff - another71.com
offlineadmin
rycpa - My guess is that you're out of luck and will have to buy another NTS. Hopefully you'll hear back from NASBA.
-Jeff
Jeff - another71.com
offlineadmin
You can memorize mnemonics all day long, but if you don't understand the material on a foundational level, you'll crash and burn.
The AICPA released questions are retired...my recommendation is to not mess with them. Instead - work the questions in your review course - like in the Wiley book...those questions are licensed from the AICPA and it is very likely you will see several of them on your exam word for word.
Most review companies get their questions from the exact same source: the AICPA.
CPAWannaBe
offlineMember
Another question about studying FAR...
With such limited time and so much information, I'm trying to prioritize. In Becker Lecture 7, there is a section of "Homework Reading" on ratios with no homework questions assigned. It seems like a BEC topic.
Is anyone spending a lot of time on this? My philosophy is that if I don't see a homework problem on it in Becker or Wiley, I skip it. I don't need any more formulas bogging me down than necessary.
needtobecpa
offlineMember
Is anyone here like me who is LACKING motivation to study for FARE? I take it the 8th. I am barely halfway through the review course. It's REALLY bad. Any advice?!
Patrick909
offlineMember
"The AICPA released questions are retired...my recommendation is to not mess with them. Instead - work the questions in your review course - like in the Wiley book...those questions are licensed from the AICPA and it is very likely you will see several of them on your exam word for word."
I disagree slightly with Jeff here. I'm sure it's true that the AICPA released questions are retired, yet on all 4 of my exams, I did see questions that were very similar to the AICPA released questions. To me it was obvious that it was basically the same question, they just changed a number or two.
I don't think it hurt me at all doing the released questions; it may have even helped me a little. Sure, I'd put much more focus on the questions in the review materials, but I think getting questions under your belt that were actually on recent exams can be a good thing.
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