[Shamsi]

Hello Everyone,

I thankfully passed my REG exam in Q3, and have just started studying for FAR. I’m using Becker, and am sitting for my exam on the 10th of December.

I noticed that the videos and the lectures are way differentin FAR than they were in REG. In REG, the MCQs are almost always taught in the videos/book first, and you can always refer to the exact part in the book to understand the question. I rarely faced questions where I had zero idea what was being asked.

However, I’m only half way through F1 in FAR and I’ve noticed that more than half of the questions are not explained in the lectures! Is it because accounting students are expected to know most of this information? I’ve been out of uni for about 5 years now, and can barely remember most accounting topics.

Could anyone share if they’ve experienced this? I feel like REG was much better explained in the video lectures and book as compared to FAR. The FAR lectures are way too short and easy as compared to the questions. I thought REG and FAR would be comparable in difficulty. 🙁

 

 

[Shamsi]

Anyone care to weigh in?

[fighttilltheend]

Hey omg I was studying for FAR and I felt the exam same way. It took me forever to get through F1 because for some reasons the mcq’s are different from the lectures. Fortunately I have another friend’s old Becker book and noticed that the Mcq’s were from the old book while the lectures were updated to the new material, especially the new revenue recognition part. Don’t worry, I think it’ll get better in the next few chapters.

[Shamsi]

Thank you. I just got through F1, and I felt that it was much better towards the end. From what I read though, F2 and F3 are some of the hardest chapters in FAR, so I really hope I can keep up with my schedule.

[watermelon]

@Shamsi i had the same feeling when I went through Far using Becker. I always complained if MCQ is gonna ask this, why it's not in the text book… I took some notes instead and it helped me. but I still think Becker is helpful in general. (what I complaint the most about Becker is Tim Gearty!!! His lecture made me want to pull my hair sometime haha) good luck!!

[Riyaad]

The lectures do a good job explaining the concepts, terms, and easy computations. But yes, the MCQ does have tough, obscure worded questions that throw a curve ball. If you get them wrong, just understand why and resolve it until you fully understand it. The important thing for FAR is to keep it moving, module after module. Realistically this exam only has 66 MCQ and 8 sims. One module for Becker max could have 40+ mcqs.. lol so don't get too caught up. Think big picture, and look over the blueprint to see which areas weigh more than the rest.

[Shamsi]

Really appreciate the advice guys. In terms of difficulty or how time-consumption, which chapters in FAR do you think are the worst?

[Author]

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