Joe is a weekly NINJA CPA Blogger.
Just finished my second exam, FAR, and I am left feeling the same uncertainty that I felt after the BEC exam (Which I passed, so maybe thats a good thing).
I was not surprised with the material they tested. If you use the NINJA Notes and Wiley MCQs, you will definitely cover everything that is tested. I am nervous for the fact that I know I did not grasp FAR as well as I did BEC.
With BEC, the material was almost half the size and I was able to really focus on all the MCQs and tested myself over and over again. With FAR, I felt like I was always trying to catch up, and it was until 2 days before the test that I was able to take practice exam after practice exam until I remembered almost all the questions Wiley had to offer.
I think this may be the case for most of you, so Ill find peace with the fact that I may not be alone. Although, in a few days when our scores are released, I may not be at peace any longer.
My advice would be to make sure you master the simulations; there is no avoiding them and the CPA gods are kind enough to throw them in the back after 3hrs of MCQs. My simulations were not bad, but I know I did not get 100% of every simulation correct (maybe on one I did).
I am not sure if that will be the difference between a 74 and a 75, but with the extent of the FAR material, my simulation studying was not as good as I would have liked it to be.
Its time to move on and start AUD with hopes of knocking this one out in mid-July. I hope to get through this material in similar fashion to BEC. I will watch all the videos as quickly as possible and then do the Wiley MCQs. Hopefully AUD is not the same intensity that FAR turned out to be.
Talk to you soon,
I found Auditing to be a bit tricky, not because of the material but because the answer choices were similar. When you get to the multiple choice focus on the difference between a good answer and the better answer. Best of luck to you!!!