@MCLKT Thanks! You too!
@MCLKT Thanks! You too!
I am on F2 on Becker, and I am getting most of the homework questions wrong...
Krystal - I am in the exact same place....
AT work, I do mostly tax returns. If I do a financial statement, they are usually compilations under OCBOA using a tax basis system. This adjustment to GAAP for FAR- is killiing me! My brain is refusing to adjust to GAAP/IFRS rules versus tax rules. Ugh!!!! Ok - my whine session is over- back to regularly scheduled programming.
this is my 3rd and hopefully last time taking FAR. Im starting to study so i can take it Mid January. Its the last test i need. My REG credit expires in March smack in the middle of tax season so if i don't pass i have to retake REG. The problem is that i don't even know how to study for this test a 3rd time. I got a 73 the last time i took it and i ran out of time in the simulations so i didn't finish the test. I don't even know how to approach it at this point.
@Krystal, I'm currently on Becker F2 as well, scoring mid 50s on HW questions. It's really demotivating :/
Getting through F1 today, I'll try and catch up to F2 soon, so I can be smacked by the HW as well I suppose. :/
Pamdo-what are you focusing in on this time around? Were there particular topics that you had a difficult time tackling?
I'm having a really hard time getting my head around FAR. I knew it was a monster and I knew not to underestimate it but I'm having such a hard time with it. The concepts are not sinking in and I feel like if I learn something new, it pushes out the old stuff. I'm working on government accounting now. I think it's taken part of my childhood memories as well as important chunks of pension plan information that I needed. My plan is 1 month of review. Finishing up first round of all 10 sections this week and circling back around and hitting it hard for 2 weeks. I'm considering the Becker Final Review or the Ninja 10 point plan for the 2 weeks leading up to the exam.
Anyone have success with either of those in the past?
Feeling really discouraged. I've just found out I didn't pass FAR on my second try. I've been using Gleim, and realized during the exam BOTH TIMES that there were topics covered on the exam that never appeared in the Gleim study materials. They were not calculation questions. They were specific knowledge questions.
I studied about 300 hours for each attempt. I worked those multiple choice questions to death. After the first attempt, I thought I just didn't study certain topics enough and just got a rotten luck of the draw on the questions that were randomly chosen on the exam. But, after the second attempt with the same experience (actually lower score--went from a 73 to a 71), I know now that I need to switch to a different study guide.
Gleim worked for me for the first three exams, but I question how well it really worked given that I had to study SO LONG to get through each section.
What do you guys recommend for someone who has a good breadth of knowledge now for FAR but just needs an extra boost? Should I try Wiley? Thanks!
newleaf - do you have the NINJA notes? I got the notes for AUD and they were lifesavers (and they were a BOGO special so I have FAR too). Wiley might be a good addition so you can get some fresh questions as well.
Well, I got a 74 on FAR so I'm here now. Planning to take the exam in Feb. Reason why I'm dragging it out: last experience with a 74, it was on AUD, I figured I could retake in about a month, but then I ended up with a 73! Also going to take the time to really understand everything about the material so I get as far away from a 74 as possible. I've re-taken FAR more than once, but I don't think I have a good strategy going, even though I did improve my score by a lot. Any advice for re-studying FAR? I also ended up with "weaker" on simulations, so I am thinking about getting Gleim for that. Any thoughts?
CrockPot78 - Thanks for the quick response! No, I don't have the Ninja notes, but am seriously considering getting those thanks to you! I could do that with Wiley and cover my bases. I'd like to retake first thing in January, so I'd better get to it tonight. My holidays aren't going to be as jolly this year as I'd hoped.
splinter1643 - I always have done well on simulations, and I think the simulations that Gleim offers are worthwhile. The MCQ's are worthwhile also. Just don't expect to get by with just Gleim for everything. I have learned that the hard way.
Advice please! I took FAR on 11/30 and got a 74. I used Becker and felt like I got a 94 walking out of the exam. FAR is the last part that I need to pass and I want to take it before MBA classes start back up in January. I'm shooting for a January 4th retake.
I am thinking about using the 10 Point Combo product on this site. Has anyone used it, and if so what were your thoughts? I'm thinking about pulling the trigger tonight, but wanted an opinion or two first. Thanks!
I think I know where to focus, as my diagnostic report read:
Framework and Standards (17-23%)- Stronger
Financial Statement Accounts (27-33%) - Stronger
Specific Transactions/Events (27-33%) -Comparable
Governmental (8-12%)- Weaker
Not-for-Profit (8-12%)- Weaker
by Item Type
Multiple Choice (60%) - Stronger
Simulations (40%) - Weaker
Welp found out that I failed FAR with a 71....... My Becker materials have expired and I used the extension as well. Does anyone have any suggestions on a good review course for FAR? Or should I just purchase Becker again?
Got hammered by FAR the first time and ended up with a 58.
I plan on taking it again middle to late January. I am having SUCH a hard time getting motivated. I am using CPAExcel so my plan is to sit down and take the practice exam again. That way I can see exactly what areas I need to focus on again. I just need the motivation to sit down for 4 hours.
I think I did really, really poorly in the government section as well as the damn simulations. Any tips on how to study for the simulations?
I am using cpaexcel too and I am a little frustrated. It seems to be a little drawn out so I am using wiley books, wiley software, with ninja audio and notes.I am hoping I can make better progress. I really don't want to waste time stressing over review materials even though I review materials are very important. In a nutshell...I am scared to death.
FAR studiers, I have a question I just started my studying (watching lectures) I am trying to follow the ninja plan. However I am out-of-town this weekend and would prefer not to bring my computer. Do you think it is ok to read the ninja notes even if I haven't finished the lectures? I would really like to get some studying in this weekend but know I won't really be able to watch lectures even if I bring my computer. Any opinions are welcome!
I would take along the ninja notes and start writing them. Use your Ninja audio and start listening. If you have any reading materials whether wiley books or books that came with the software or a kindle app, would use whatever you have. I have found when I do nothing (even out of town) I lose the desire to study. It is easy to say I will get back on track. But I found it to be really hard. Even if you have flash cards or a phone app. Just do something. I hope this helps.
My FAR exam is in exactly one month.
My strategy is to work 90 MCQ's and 7 sims from the Wiley Test Bank every day. I am concentrating on one or two topics at a time, reading my NINJA notes prior to working the MCQ's and adding fact nuggets on the topics I missed. The sims are providing a nice recap of the subject matter.
I will do all of the MCQ's on the Wiley Test Bank before my exam.
And I will rewrite my NINJA notes in condensed form.
I listen to my NINJA audios during the day, and while running at the beach.
Forge on NINJAs and let's conquer this beast!
Regarding the audio portion of the notes, what format do they come in? I'd like to upload them to my Android phone and listen to them at the gym. Is something like that possible?
I guess its time to get up to speed. I'm scheduled for a retake 1/5 and this is the day my NTS expires so I cannot move my date. That being said I have 23 days ( 1 day off for Xmas) and am currently on section 4.2 not even half way through. I need to speed up my studies, some of the material is coming back to me when I am reading and it is a bit easier now than it was the first few times I took it.
I just don't know if I will have enough time to study it all in depth. REG expires in August so If I fail I do have 1 more testing window to pass but I don't really want that stress.
It's my goal to pass FAR in January.
PS I am only using 2011 Becker for FAR it worked for me last time and hopefully it works again.
anyone know where in Wiley EPS is covered? what module?
allsgood - I'm taking FAR 1/11, did you find that pounding MCQs and SIMs for a last 2 week review helped a lot when it came to exam time? Or would re-reading notes and watching lectures mixed in help also? I was thinking I would take notes/get through all the material relatively quickly, then just do tons of MCQs and SIMs until exam day.. what do you think ?
@michaelabs22 - I would re-read your notes & work tons of MC's/SIMS. Focus on your weakest areas. Skip the lectures, in my opinion MC's helped the best. Since there is a lot of information you want to keep it fresh in your head.
How are you keeping track of the IFRS vs GAAP differences? I can't seem to get these straight.
Yes you can listen on your android. I downloaded them through my email on my phone and I listen to the ninja audio from my phone and from my car. I have an auxilary/fm changer so I can use my car speakers instead of my phone. It really works great. I also listen while I read the ninja notes. Just a few tips......good luck studying.
@How bout now: I remember there were EPS questions in the Stockholder's Equity module (forget what #)
Man I just finished F4 in Becker and now I think back to F1 and don't remember anything - Oh god.
Should I just keep on going with F5 or review what I did from F1 to F4?
What do you guys usually do? Review in between few chapters?
6 more Chapters!
@krystal83: I would suggest giving yourself a "cumulative quiz" after each chapter if you have a large enough test bank. So after you do chapter 1, do 10 MCQs from chapter 1. Then after you're done with chapter 2, do 10 MCQs from ch1 and 10 from ch2, and so on.
Aside from that, I've found that when I go back and review the material, it comes back pretty quickly.
I agree with just_shoot_me, usually after every 2 chapters I do a 30 question cumulative quiz. With FAR it might make sense to do it after every chapter, like just_shoot_me said, but I might do more than 10 mcq's to give you a better chance of getting a question on each of the topics from the chapters.
@Krystal83 I'm running into the same problem you are! I think the cumulative quizzes are going to pay off also, and reviewing flash cards from previous chapters throughout the whole process.
Good luck everyone
T-30 days left. I noticed a lot of you are taking the exam January 11th, second Friday in January. What are your plans of attack right now? And how much time are you spending a day studying?
I apparently must be really slow because I'm spending a lot of time studying 4-6 hours weeknight, upwards of 15+ hours on weekends and I still don't feel like I'm grasping the info. Review will start this Saturday, I'm finishing up F9 Not For Profit MCQs now and will finish up F10 Thursday and Friday. Thereafter, 1 study day per section. And 2 week final review.
I wish I was in your position Katydid! I am going to be alittle tight on time, especially because I want to give myself the 2 week review to just pound MCQ's and SIMs for 2 straight weeks and do flashcards. This means that my actual lecture watching/note taking is going to be a little ridiculous the next week and a half.
I just finished up my Advanced Accounting II course to receive 150 credit hours. I will then await the Board's approval of my courses and register for a date to sit for the exam. A few questions I have:
Which section should I study for first? I planned to sit for FAR first to try and knock it out, but then again, maybe taking the other 3 and saving FAR for last could be considered?
Which study materials are the most cost effective? Wiley? Becker? Gleim? Others?
If I were to study 2-3 hours per week night and double that portion on the weekend to 4-6 hours, would that be enough if I planned to take the exam in March/April?
How many months apart do you schedule your next section of the exam? 1 month? 2? 3?
Any other advice you can give me that I can't think of a question for would be greatly appreciated. Thanks!
@Paperwings25 - I believe that FAR would be a great section to start with, even though I didn't. I have been told, and am now realizing as I study for it, that some of the information translates to AUD and BEC nicely. It obviously won't mean you don't have to study separately for the other two, but it should help some! If I were to start over again (please god no) I would go FAR-AUD-BEC-REG. As some I/C information in AUD/BEC overlaps also.
I am using Becker as my firm paid for it, and I love it. I've heard great things about other materials as well though, including the Ninja Notes and Wiley test bank here.
If you plan on studying 2-3 hours per week night and 4-6 hours (per weekend day) that would average 18-25 hours a week. If you started in the beginning of Feb I would give yourself until the end of March/beginning of April to study. It all depends on the person though.
My best advice would be from hindsight: It really, really, really sucks to not put in your complete effort and fail a section. All you will do is be pissed and think back at the times that if you hadn't gone out and just studied you'd be part way done. Do your best to only have to study the material once, and when you're done box it up and hide it so you don't have to look at that section again!
And finally - remember that everyone here is going through, has gone through, or is about to go through the same thing so it's a great place to get advice/vent or whatever since people who don't take this exam really don't know how tough it makes things.
For the people who mentioned they're struggling with F2...I'm in the same boat. I just took the exam on 11/26 and got a 74, so I'm in the process of re-reviewing each chapter. I can honestly say that I believe F2 in the most difficult chapter in Becker. The MCQ's you get just seem to come out of no where and require a lot of thinking. It's not "straight-forward" calculations that you get with the later chapters (i.e Pensions, inventory, ect.)
I believe I didn't pass the exam because I didn't pay enough attention to the F1 & F2 lectures. There is a TON of info in them and I underestimated them.
Thank you for your kind advice. I think I am going to start with FAR and hopefully knock it out of the park!
What do these SIMS consist of and the research portion I've been reading many of you discuss?
@paperwings25 - I swear to god I don't stalk this site, just happens I looked at it now and saw you responded!
As far as the SIMS go - they can be anything having to do with the material regarding a long problem that requires choosing answers from drop down menu's, journal entries to fill in, etc. To be prepared I would just know in/out as much of the information as possible because I believe, while they are usually on the more important sections of the material, they can be on anything from it.
The research portion is great in my opinion. They ask you a question, and ask for you to show the path from the authoritative liturature. So if you leave yourself enough time, and know how to use the AL (know how to use the AL!) you can get free points almost.
@jrc - F2 is the hardest one so far for me as well.
I have severely underestimated the time it's taking me to get through the lessons and chapters in Becker.. Crap.
FAR has an overwhelming amount of material. The MCQs in Becker are longer but in the actual exam the MCQs aren't as confusing. I didn't have time to do two simulations but passed; thanks to the Lord.
Same here Melans - it's taking forever and I don't feel like I know any of the chapters inside out. Test scheduled for 1/30 (moved from the 14th) and might push it another week or two.
Maverick - hope you're right. Many of the Becker mcqs take a long time to complete.
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