Leases FAR

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    Topic
  • #2789706
    adaherro
    Participant

    Hey guys,

    I can’t grasp the concept of leases. I know how to identify between them, but as far as anything calculation related – NOPE lol. I have my FAR exam on Wednesday and am in the process of review. I have literally every other subject nailed, but I still need to review it all between now and then, and it’ll deff take the two days. To learn the leases, will take HOURS, which unfortunately i do not have. I could pick a few calculated questions and study those rather than the 100+ questions in my test-bank.

    Is it worth just knowing the absolute minimum or are the leases tested heavily? I’ve tried researching the exam experience, etc, but they are all outdated as the new exam standards began 1/1/2019.

    I know that the exam is not going to be 100% leases, but any exam experience that could help alleviate this concern is practically what i’m looking for lol. Any advice in general.

    Thanks in advance!!

    AUD - 79
    BEC - 76
    FAR - 80
    REG - 75
    Ya boy is a CPA
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  • #2789838
    CH89
    Participant

    I took FAR earlier in Q4, and I cannot really recall being heavily tested on leases. There may have been a question or two. I would take this with a grain of salt, as my experience and what I was tested on will more than likely differ from your exam experience. I'd say try and understand it the best you can, but don't get held up on it. There's a lot of other material to be tested and to understand. Best of luck!

    AUD - 84
    BEC - 82
    FAR - 76
    REG - 79
    What a journey! It took me 12 attempts, do not give up, keep going! Praise God!

    Passed Exams: 8/25/2020

    Licensed in Pa: 11/24/2020

    #2790297
    jeff
    Keymaster

    You can load up on lease questions for free as you head into your exam with the ninja trial – all it takes is an email: https://www.another71.com/ninja-cpa-review-free-trial/

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