How I Raised my FAR score by 23 Points

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  • #182314
    Anonymous
    Inactive

    Not to brag but I thought I would share my experience. Having to retake a section sucks so hopefully this will help people to do it right the first time.

    I got a 69 the first time I took FAR. I think I made the mistake of focusing only on MCQ questions on my first attempt and I didn’t have an effective study plan to focus on J/Es or sims–my score report reflected weaker on sims and stronger on everything else. I have seen too many people with a score report that says they were stronger on every section except for sims and too much advice that has told people to ignore having a focused study effort on simulations which really hurt me the first time I took FAR.

    So, here is what I would suggest that helped me slay FAR on my second try as well as some other things I wish I had known when I started.

    Take FAR as your first exam and follow it with AUD! These two have a lot I was able to roll into AUD right after my miss on FAR and pass it easily. Then I was able to roll back into FAR studying without forgetting too much. I really don’t know how people can leave FAR for one of their later exams. If I was going to throw in the towel, I wanted to know early and have the toughest test first! I seriously think FAR was 3-4 times more difficult than AUD so I would have hated to have to do that one later.

    Get the Wiley Test Bank and only answer MCQ questions until you get to about an 80% for each section of FAR, The reporting on this test bank is nice because you can see graphically how you are scoring on all of the sections so you have the proficiency you need. If you are trying to get higher much higher than 80%, you are getting to a point of diminishing returns and you need to divert your attention to studying J/Es and Simulations. Until you are at the point where you are scoring in high 70s or 80s consistently on the MCQs you may not even want to schedule your exam date because you are just wasting your time. Sometimes I wonder if the people who get tons of failures in a row are using the real exam as a diagnostic exam–if you can’t score in the 75+ on the test bank, you probably have no business taking that section at all yet.

    Also, one thing I notice about people posting about doing MCQ questions is they say they do an ungodly number of MCQ questions during their study sessions and then complaining about not passing. Don’t fool yourself about MCQ–the number of questions attempted doesn’t translate into a actual learning. Sometimes it would take me hours to get through 20 questions because I was spending a ton of time trying to figure out what I didn’t understand in my book. The point is that you shouldn’t confuse blowing through a ton of MCQ question with studying–you are just blowing through questions and not learning.

    As for the actual exam, though, you need to move through the MCQ questions like lethal Ninja from Shinobi–30 minutes per section should be your goal. I was at 30 minutes, 40 minutes, 40 minutes for mine because the testlets got harder. Your 80% on the test bank should give you confidence to know you are prepared to tackle them quickly. Start chopping off heads of the MCQ questions as quickly as possible and keep moving like you are in a Bin Laden compound or something. If a couple of foot soldier MCQ questions get away with just a flesh wound DON’T spend time chasing them. Remember you are there for the BOSS at the end of the level AKA the sims. Whenever the test tricks you to spend too much time on an obscure MCQ, think of Arnold Schwartzenegger or some other action star saying…”GET OUT..GET OUT NOW” with whatever movie scene you can think of where some dumbass is trying to get everyone killed because they freeze when the grenade is in the foxhole! LOL

    You MUST, MUST, MUST go through and write down every journal entry entry in your FAR book and you have to do try to work through every FAR sim in your book. You will have to do it on pencil and paper because the Wiley test bank isn’t good enough to prepare you for the sims based on what is in the software. For my final review, I completely ignored doing multiple choice questions since I already had an 80% on all sections and only focused on sims and journal entries. Of all the stuff I said before this is the ONLY thing that improved my score so much. Even if you can’t predict the sims that will show up, having confidence in how to tackle that type of problem will pay dividends. Furthermore, you will better learn the more advanced content that you will see in the MCQ questions. This is the area where I was able to improve my score.

    40% of the scoring on the exam is sims so you have to spend time preparing for them. Trying to increase your score marginally by continuing to pound MCQ questions after you have gained proficiency at 80% isn’t going to translate into a lot more points on your exam. The amount of effort for the amount of marginal increase in score isn’t worth it. However, if you can take your sim score from a 50% to a 75% by putting in a little more effort on preparation will make a huge difference in your final score.

    If you have just failed with a high 60s or low 70s, I wanted to give you my experience how I raised my score to help, if possible. To summarize here is the gameplan…80% on all sections of Wiley, schedule your exam, spend your last 40 hours of prep time doing nothing but journal entries, extended examples, and sims from your book on pencil and paper. (mine was a gleim book).

Viewing 15 replies - 1 through 15 (of 16 total)
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  • #1369203
    Porma Fierles
    Participant

    Thanks for the info.

    "Fearlessly shape-shifting, to pass this exam!" "STRIVE FOR 85"

    BEC-PASSED!, September 6
    AUD-PASSED!, November 3
    REG retake-March 4
    FAR retake-Spring 2017

    #1369326
    Madhav
    Participant

    When i took FAR for the first time i only got 57 due to the fact that i spend more times on MCQs than i supposed to. Additionally during the study i tried to do as many MCQs rather than understanding the concept, hence when i got exam questions that are little tricky i totally lost them. On my second time study i tried to understand the concept and do MCQs slowly rather than focusing on finishing more. Luckily the second time i got 76 and it was a huge relief. I would definitely recommend to understand the concept; if you do that you will be fine. Also practice SIMs as well as Research Sims.

    AUD - 76
    BEC - 75
    FAR - 76
    REG - 77
    FINISHED.    "If I can do it, so can you".- ME.

    LEO MESSI:GOAT

     

    Ethics: WA: 93, AICPA: 93

    #1369367
    Porma Fierles
    Participant

    Sigh I have 4 days and am trending 66 because I am fixing the 25 in the financial statements accounts category. Ideally I would know everything front and back, but honestly I am just doing the ‘practice makes perfect' approach right now. Thankfully all my other MCQ scores are good. I am just worried now about the fin stmts category and the SIMS and all the JE!

    "Fearlessly shape-shifting, to pass this exam!" "STRIVE FOR 85"

    BEC-PASSED!, September 6
    AUD-PASSED!, November 3
    REG retake-March 4
    FAR retake-Spring 2017

    #1369446
    Jdn9201
    Participant

    To the OP – congrats! I think you offer alot of great advice too for those who are struggling with FAR. The point I agree the most is regarding MCQ – doing them till your eyes bleed accomplishes nothing if you can't take the knowledge from that question and apply it to another question about the same topic. Looking back, I almost think the answer explanations are more important than the answers themselves – you have to know the WHY – why an answer is correct and why another is not. Agree also on not focusing too much on MCQs for time either – when I took FAR or any of my other 3 exams, I flagged 0 questions. I read each one twice, picked what I thought was the best answer, and moved on. Flagging MCQs is very inefficient because by the time you get back to it, (especially if it's at the beginning of the testlet), you spend twice or 3 times the time just refreshing your mind on what the question is about.

    The only point I'll disagree with is regarding the order of your exams. I purposely took my exams in perceived easiest-hardest, with FAR being last. I've worked in tax for almost 10 years, so my order was BEC-REG-AUD-FAR. There's a flow that comes with studying with these exams where you get the feeling when you are ready to move on to the next chapter vs. when you are not (at least I did). I also felt like if I could pass the first couple without being miserable, it'd give me confidence to roll through the last 2. I think what made my order work for me is sticking to an aggressive testing schedule – I planned for a goal to pass all of them within 6 months. That way, if I got hung up on AUD or FAR, I'd still have a year+ to knock them out before losing credits. I wound up making my goal, but having so much time leftover helped me to not feel as much pressure with FAR being my last exam.

    BEC - 88 8/29/15
    REG - 82 11/14/15
    AUD - 83 1/8/16
    FAR - 80 2/29/16

    #1369461
    Porma Fierles
    Participant

    Nice

    "Fearlessly shape-shifting, to pass this exam!" "STRIVE FOR 85"

    BEC-PASSED!, September 6
    AUD-PASSED!, November 3
    REG retake-March 4
    FAR retake-Spring 2017

    #1369572
    Wannafree
    Participant

    Thank you Akkula for sharing your experience.I have read it twice.Did you follow same strategy for any other paper ?

    WannaB
    #1369581
    SaveBandit
    Participant

    Agree with OP. Two pieces of terrible advice I read frequently on this forum are skipping sims and overemphasizing the mcq. It really makes no sense to skip sims especially considering they are 40% (soon to be 50%) of your grade.

    AUD - 94
    BEC - 86
    FAR - 85
    REG - 90
    If you pray enough, you can turn yourself into a cat person.

    4 for 4

    FAR 85
    AUD 94
    BEC 86
    REG 90

    #1369644
    Porma Fierles
    Participant

    You didn't focus so much on the trending score savebandit?

    "Fearlessly shape-shifting, to pass this exam!" "STRIVE FOR 85"

    BEC-PASSED!, September 6
    AUD-PASSED!, November 3
    REG retake-March 4
    FAR retake-Spring 2017

    #1369752
    Scared-cpa
    Participant

    I really appreciate this post! I recently scored a 67 on FAR and only focused on MCQs as many said to do. I didn't do any SIMS during review and did very few in general while studying, and I am pretty sure that's what caused me to fail. Since I have never taken a CPA exam before this time, I was going in blindly. But now I am using this month (starting Friday) to study for a retake in January. So I greatly appreciate this. Given that your first score was similar to mine, it gives me hope that I can come back from this. I know I've only taken the exam once, but it still sucks to fail even though I was expecting to fail. Thanks, again! 🙂

    "The more I practice, the luckier I get."

    FAR - 67, 82 (Expires 07/31/18)
    AUD - 68, 79
    REG - 75
    BEC - 82

    Wiley CPAexcel + Ninja

    I cannot believe I am done.

    #1369772
    jeff
    Keymaster

    I've never said to not do sims, but here's the deal: you have a finite amount of study time … you can practice 20 sims and get none of them on your exam.

    You KNOW you're going to get MCQs over the topics and the concepts in those MCQs translate to the SIMS – they just look different.

    In a perfect world, everyone would do every sim available – but that's not reality. I recommend up to 10 SIMS and the rest MCQ.

    It's my opinion … I could be wrong – which I often am – just ask my wife…but that's my personal take on it.

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    #1369793
    Porma Fierles
    Participant

    Haha even for FAR you don't think it is worth the time to practice SIMS? I have 3 days left so I am in a hard spot between priming my MCQ or getting used to SIMS and their JE

    "Fearlessly shape-shifting, to pass this exam!" "STRIVE FOR 85"

    BEC-PASSED!, September 6
    AUD-PASSED!, November 3
    REG retake-March 4
    FAR retake-Spring 2017

    #1369796
    jeff
    Keymaster

    I would work a sim over the basic major topics … I wouldn't get into the weeds, however.

    Ultimately – it's personal preference and what someone feels comfortable with and their time constraints.

    An afternoon spent cranking 4-5 sims is 4-5 hours of study time lost studying something else conceptually…opportunity cost is in play.

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    #1369865
    Scared-cpa
    Participant

    I personally think I failed all because of the sims but I do not necessarily believe if I had studied sims I would have passed. The material tested in sims is learned within MCQs – it is just a different application of the knowledge, in my opinion. Practicing sims is to mainly get acquainted with the framework of the software the exam utilizes for the sims. I don't think sims help you know the material – you either already know it or you don't. My personal problem was journal entries. If I had studied JE's the first time around like I should have, I honestly think my score would have been better. Maybe not a pass, but significantly better. This is just my opinion, of course!

    "The more I practice, the luckier I get."

    FAR - 67, 82 (Expires 07/31/18)
    AUD - 68, 79
    REG - 75
    BEC - 82

    Wiley CPAexcel + Ninja

    I cannot believe I am done.

    #1370172
    Porma Fierles
    Participant

    Good to know.

    "Fearlessly shape-shifting, to pass this exam!" "STRIVE FOR 85"

    BEC-PASSED!, September 6
    AUD-PASSED!, November 3
    REG retake-March 4
    FAR retake-Spring 2017

    #1373060
    sallybreann
    Participant

    Two of my co workers had to re-take FAR. Both said the difference between the first take and second take was exposing themselves to more MCQ’s the second time and taking quality notes to rewrite. As much as I fear JE’s and SIM’s I keep that MCQ advice in the back of mind when studying. I make sure to incorporate JE’s in my notes and plan to re-do my problem Becker SIMS but then – focus on learning as much material as I can through exposure to MCQ’s and notes. If I reach a trending score of 85 during my review in NINJA – Hallelujah! I will start practicing SIMS.

    FAR - 82

    BEC - 74, 82

    AUD - 78

    REG - 80

Viewing 15 replies - 1 through 15 (of 16 total)
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