@minimorty:
I am not sure how valuable the CPA license would be with a passing rate of 25% as there would certainly be a shortage of CPAs and that alone would have a huge negative impact on the profession. Given the 18 month window, it would be nearly impossible to pass all 4 parts with rates that low…I mean, based on what you suggest, why not just raise the passing score to 88? Then you would have failed FAR…
@yankeeaccountant:
I did not even understand one of my FAR sims. I didn't leave it totally blank, but I put rubbish for an answer and it was certainly incomplete. I passed in Q2! I think it is possible to pass and not complete all the sims…but I don't you could leave more than 1 totally blank. Who knows?!
BEC: 79 - April 2011
FAR: 78 - May 2011
AUD: 81 - May 2012
REG: 79 - October 2012
Ethics: Passed - March 2013
I am finally DONE!