FAR Study Group – Q1 2018

Hi everyone!

I have been waiting for this day and just made an account a few minutes ago so I can communicate with others who are in the same boat as me. I received my Bachelor's degree in May of 2015, moved 600 miles away from my home, and have been working for a Public University. Only my boss and people above her have a CPA License but they’ve encouraged me to take on the beast.

I’ve decided to start with FAR and had it scheduled for January 6, but chickened out and changed it to February 24. I’ve always had terrible anxiety when it comes to exams so I need to feel very well prepared before possibly throwing away $200.

I am primarily using RogerCPA Review (one of my colleagues suggested it). I am incredibly nervous about the revenue recognition portion as I don’t see any updates in my course. Any suggestions on what I should do to learn this would be greatly appreciated!

I wish everyone good luck with studying and exams and I look forward to interacting with all of you!!!

@tncpa2018 – I am also working full time and I’m taking two graduate classes at the moment which are not in accounting. I know exactly how hard it is to fit everything in!

According to the RogerCPA Review study planner, if you are planning to complete all four exams within 6 months then you should plan to study for the FAR exam for about 8 weeks. It outlines exactly how one needs to be studying and what days to study on. Does your review course have something along these lines?

That being said, I was afraid that two days for a final review would not give me enough time to work through my problem areas and I am giving myself an extra four days to a week for this.

My advice to you (even though it may not be very helpful since I haven’t actually sat for an exam yet) is to take advantage of those weekends and even split up your day by doing some studying in the morning and some at night. Write down what you think might be problematic for you and bring your notes everywhere!

I hope this helps a little, best of luck to you!

Hi everybody,

I just finished my Masters of Accounting last week and have been studying for FAR since early Nov using Wiley. FAR is my first section. I am waiting to receive my NTS so haven't scheduled the exam yet. I was aiming for Feb 10 but right now all of the Prometric locations in my area don't have any availability that day. One of them has the morning of Feb 11 available, but I'm not a morning person, so waking up extra early on a Sunday to take the exam doesn't sound like fun! I am trying to decide if I can squeeze in enough review time to test a week earlier on Feb 3. I don't have much vacation time built up so I would rather not use a vacation day to take the exam. I also don't want to push it out until Feb 17 because I don't want to be studying during the Olympics!

I also work full-time in nonprofit/governmental accounting, and do find it difficult to fill every minute of my evenings and weekends with studying. I am managing to keep up with Wiley's schedule, but if I schedule my test for a week earlier than I originally planned I will have to find even more time to study and make up for that lost week of review.

I know I just started but I can't wait for this to be over.

Who is with me testing in January-2018? I have Roger CPA review and just took a print out of 3 month study planner, which gives 4 weeks to go through all the FAR study material. Assuming I will strictly follow the planner then it gives me good 2 weeks review time.

I found Roger CPA review good for Math oriented sections and Becker for theory oriented sections of the CPA exam.

Hoping to test for FAR towards the end of January by Jan 20th. Good luck to everyone and “happy” stuDYING! 🙂

Using WileyCPA Excel and the FAR book is a little overwhelming to say the least. Not sure what I will use for the final review days but will be taking notes as I go through the material.

Using Ninja Plus + Ninja book. Highly recommend the plus videos if you're like me and learn from a lecture. Then I read the book. Anybody else doing this? Ready to get this damn thing over with!