My FAR score came in this week and I did it. I finally passed FAR.
Im still shocked and in disbelief, but Ive triple checked the website and its official. Im now halfway through this journey, although FAR has been my Achilles heel and so it feels like a huge weight lifted from my shoulders. I still have BEC and REG to go. Im scheduled to take BEC in early May and plan to begin REG shortly thereafter for an August exam date.
If all goes well, hopefully Ill be done with the CPA Exam in 2011. I think Im slightly different than most of the folks taking the CPA, as I have not had any Big 4 or any other auditing experience. Im a controller of a very profitable trading division at a Wall Street firm and hope the CPA will give me the last credential to successfully compete for a CFO role at a small firm. Ive interviewed for these roles in the past and always seem to get edged out by a CPA, so I believe becoming a CPA will take me to the next level of my professional career.
During the past week, Ive spent 21 hours working through Beckers Financial Management chapter. This chapter went a bit slower than I expected, but Im pretty comfortable with the concepts, so I will continue pressing through and working to memorize the formulas. I have not completed the chapter and all MCQs yet, but hope to do so in the next day or so.
I think I should be through all the lectures by Tax Day, so that will leave me with about 3 weeks to work on MCQs and drilling definitions and formulas. I was briefly thinking of pushing back the exam to mid or late May to give me extra study time, but have decided against it at this point, because I think it may just give me reason to procrastinate and not really benefit me.
Also, with the weather getting better, it will only be tougher to log library hours on the weekends. Anyway, congrats to everyone that has passed their exams this cycle and chin up to everyone that may not have passed It can be done, just keep at it.
By the way Kansas loses to VCU?? What an upset, there goes my bracket.