February 4, 2021 at 6:56 am #3228180
I'm taking FAR on 2nd week of Feb 2021.
Can you share your FAR experience?
Is there any particular topic heavily tested?
Thanks in advanceFebruary 6, 2021 at 11:28 am #3229866CPAHOPEParticipant
Master classification, presentation, and essential journal entries, this is absolutely necessary to pass FAR.
Contingency, consolidation, investment in bonds or stocks, items that go under other comprehensive income, and depreciation. You never know what you will get but in my experience, mastering intro and intermediate accounting are essential.February 6, 2021 at 9:05 pm #3230286LD-407Participant
Good luck to you on your FAR exam. That one was brutal! I passed FAR back in June of last year, so I'm not too sure if this is still relevant, but I recall only having a couple of MCQs on govt. accounting, a few on nonprofit accounting, at least one on leases, with the majority of the MCQs as CPAHOPE described. I remember feeling that the AICPA exam sample test had a couple of similar TBSs compared to what was actually on the FAR exam, so make sure you check that out: https://www.aicpa.org/becomeacpa/cpaexam/forcandidates/tutorialandsampletest.html
It took me 3 times to pass FAR, I didn't pass until I switched to UWorld Roger CPA review, so if you're using them too, I highly recommend going through their MCQs 3-4 times and their TBSs at least a couple of times during your review. That's what helped me finally pass that exam! I didn't submit my exam until the last minute, so make sure you keep an eye on the time. So grateful to be past it, good luck and hope you pass it!February 6, 2021 at 11:47 pm #3230409
Dear LD-407 & CPAHOPE,
Many thanks for your suggestions. I'm taking my exam tomorrow. Wish me good luck.
Will update you on my exam experience the day after. 🙂February 11, 2021 at 3:25 am #3234264
Dear LD-407 & CPAHOPE,
My FAR exam was ok. MCQs were very difficult for me. But Testlet3,4 & 5 I managed it well.
I'm not confident about MCQs but SIM i can tell I did well.
Keeping my fingers crossed. Lets see. I will update u guys once I get my results.
If I pass FAR, I am done with my CPA. 🙂February 11, 2021 at 8:57 am #3234339CPAHOPEParticipant
Time to change your user name from future to current CPA ! HAha good luck! Im pretty sure you passed if you did well on simulation questions.February 17, 2021 at 5:35 am #3239406
Many thanks for your encouraging words. Keeping my fingers crossed. 🙂
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