74 on FAR

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    Topic
  • August 4, 2014 at 7:09 pm #187468
    RichardMD
    Member

    I work at a large corporation in Financial Reporting and I was an Accounting major in college. So, I studied for about 2 months using Wiley test bank and the Wiley book. I studied fairly hard but not too much on weekends. Most days during the week I would study at work when I could and then I would stay late studying with the test bank.

    I thought the hardest sections of the test bank were shareholders equity and I felt comfortable with rest of the sections that most people struggle with. I have to say I did not spend a significant amount of time on Gov and NPO. After the test I felt that was my biggest mistake.

    I finished the multiple choice with an hour and forty- five minutes for the sims. Even during the test I felt that it was not as difficult as I thought it would be. I felt that I had over prepared for the specific transaction questions (leases, bonds, deferred taxes, pension and shareholders’ equity). In my results I found out that I was comparable for the simulations so I know that wasn’t my problem. I knew I definitely didn’t prepare enough for some of the miscellaneous sections along with gov and npo.

    I am going to start up studying again in a few weeks and take it again in October. For anyone taking FAR soon, I would say to you that it is very important to have a good understanding of everything and don’t worry if you haven’t mastered Leases or another section that you find difficult just study as best as you can and keep moving on.

Viewing 15 replies - 1 through 15 (of 28 total)
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  • August 4, 2014 at 7:52 pm #620231
    Gatorbates
    Participant

    I had back to back 74's on FAR. One made me lose REG, instead of being 100% done. Not fun. But you are right. Don't underestimate Gov't and NFP. And those using Becker … read and study F-10. That chapter is the make/break 1 point that could decide between a 74 and a 75. Trust me, I know.

    Licensed Florida CPA:
    B: 71, 73, 79
    A: 83
    R: 78 (expired), 77
    F: 74, 74, 80

    It's finally freaking over.

    August 4, 2014 at 7:52 pm #621157
    Gatorbates
    Participant

    I had back to back 74's on FAR. One made me lose REG, instead of being 100% done. Not fun. But you are right. Don't underestimate Gov't and NFP. And those using Becker … read and study F-10. That chapter is the make/break 1 point that could decide between a 74 and a 75. Trust me, I know.

    Licensed Florida CPA:
    B: 71, 73, 79
    A: 83
    R: 78 (expired), 77
    F: 74, 74, 80

    It's finally freaking over.

    August 4, 2014 at 9:00 pm #620232
    jternida1
    Participant

    @Gator

    Just wondering what are the topics for Becker F-10? Im using Roger and planning to take my exam 10/15

    AUD: 74, 67, 76!
    BEC: 70, 75!
    FAR: 76!
    REG: 67, 73, 79!

    Using Roger Review Course, Ninja Flashcards, WTB & book

    August 4, 2014 at 9:00 pm #621159
    jternida1
    Participant

    @Gator

    Just wondering what are the topics for Becker F-10? Im using Roger and planning to take my exam 10/15

    AUD: 74, 67, 76!
    BEC: 70, 75!
    FAR: 76!
    REG: 67, 73, 79!

    Using Roger Review Course, Ninja Flashcards, WTB & book

    August 4, 2014 at 9:56 pm #620233
    LKD CPA
    Member

    I too got a 74 in FAR back in April. I had already moved onto to study REG and took that section in July. By the grace of God I passed that one. So, I'm back to FAR and taking it at the end of the month. I have been hitting Ninja MCQs, SIMS, watching videos and listening to Ninja audio on my 1 hour commute to and from work. I can already tell a difference in how I am working out the practice MCQs this go 'round versus my first attempt. It's like I have a little Jeff sitting on my shoulder whispering in my ear. I even listen to his audio at night while going to bed. My husband said he's a mood killer. LOL!

    Best of luck on your next, and LAST try at FAR RichardMD!

    FAR: 74, 83
    REG: 76
    BEC: 77
    AUD: 89

    August 4, 2014 at 9:56 pm #621161
    LKD CPA
    Member

    I too got a 74 in FAR back in April. I had already moved onto to study REG and took that section in July. By the grace of God I passed that one. So, I'm back to FAR and taking it at the end of the month. I have been hitting Ninja MCQs, SIMS, watching videos and listening to Ninja audio on my 1 hour commute to and from work. I can already tell a difference in how I am working out the practice MCQs this go 'round versus my first attempt. It's like I have a little Jeff sitting on my shoulder whispering in my ear. I even listen to his audio at night while going to bed. My husband said he's a mood killer. LOL!

    Best of luck on your next, and LAST try at FAR RichardMD!

    FAR: 74, 83
    REG: 76
    BEC: 77
    AUD: 89

    August 4, 2014 at 10:02 pm #620234
    LKD CPA
    Member

    Double post

    FAR: 74, 83
    REG: 76
    BEC: 77
    AUD: 89

    August 4, 2014 at 10:02 pm #621163
    LKD CPA
    Member

    Double post

    FAR: 74, 83
    REG: 76
    BEC: 77
    AUD: 89

    November 7, 2014 at 6:19 pm #620235
    RichardMD
    Member

    So, I re-tested on October 1 and got a 79. I studied moderately throughout the work week and only reviewed a few hours on weekends. I studied mostly gov and npo and my results show I was comparable and stronger respectively. Also, I felt that I bombed the sims because I had 2 government sims and 1 IFRS. It turns out that I was stronger on the sims too. The strategy I'm going to stick with is using Wiley text and test bank with only light book reviewing and lots of multiple choice along with note taking from the multiple choice. Once I start to get an understanding and I start taking notes its only days until I'll start getting into the 80s on the wiley mc.

    November 7, 2014 at 6:19 pm #621165
    RichardMD
    Member

    So, I re-tested on October 1 and got a 79. I studied moderately throughout the work week and only reviewed a few hours on weekends. I studied mostly gov and npo and my results show I was comparable and stronger respectively. Also, I felt that I bombed the sims because I had 2 government sims and 1 IFRS. It turns out that I was stronger on the sims too. The strategy I'm going to stick with is using Wiley text and test bank with only light book reviewing and lots of multiple choice along with note taking from the multiple choice. Once I start to get an understanding and I start taking notes its only days until I'll start getting into the 80s on the wiley mc.

    November 7, 2014 at 8:45 pm #620236
    Anonymous
    Inactive

    I think I did well on the multiple choice, I was strong in NFP and GOV, but I messed up the sims. I didn't answer the research question, and totally botched one sim that had 6 cells in it, 3 I felt okay with, and the other two I was unsure. I, like you, was over prepared for bonds,leases,pensions, equity and I didn't see as much as i'd hoped for…I get my result on the 24th, i'm praying I might have passed but I am pessimistic because of the sims.

    November 7, 2014 at 8:45 pm #621167
    Anonymous
    Inactive

    I think I did well on the multiple choice, I was strong in NFP and GOV, but I messed up the sims. I didn't answer the research question, and totally botched one sim that had 6 cells in it, 3 I felt okay with, and the other two I was unsure. I, like you, was over prepared for bonds,leases,pensions, equity and I didn't see as much as i'd hoped for…I get my result on the 24th, i'm praying I might have passed but I am pessimistic because of the sims.

    November 7, 2014 at 8:58 pm #620237
    Rocky123
    Member

    On my last FAR exam, I noticed a big emphasis on Becker chapter 2. A lot of miscellaneous stuff. I won't say what, so I don't get into trouble.

    Murphy's Law, for my retake I'll probably only see 1 or 2 questions on that stuff.

    FAR is a real crap shoot. Besides the 16-20% guaranteed on govt and nfp.

    The tallest oak in the forest was once just a little nut that held its ground.

    AUD-PASS
    BEC-PASS
    REG-PASS
    FAR-PASS

    Rocky123, CPA

    November 7, 2014 at 8:58 pm #621169
    Rocky123
    Member

    On my last FAR exam, I noticed a big emphasis on Becker chapter 2. A lot of miscellaneous stuff. I won't say what, so I don't get into trouble.

    Murphy's Law, for my retake I'll probably only see 1 or 2 questions on that stuff.

    FAR is a real crap shoot. Besides the 16-20% guaranteed on govt and nfp.

    The tallest oak in the forest was once just a little nut that held its ground.

    AUD-PASS
    BEC-PASS
    REG-PASS
    FAR-PASS

    Rocky123, CPA

    November 7, 2014 at 9:24 pm #620238
    Anonymous
    Inactive

    IFRS is only supposed to be 10 percent of the exam… I guess the makers of the exam confused 10 with something else on mine…

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