[dcrowdy]

Ok, I am HOPEFULLY sitting for my last exam, FAR (for the last time) and do not feel 100% confident.

In the next 5 days I have to get everything possible into my brain, and have all the free time in the world with the exception of a wedding that will occupy most of my Saturday.

If you had to think of the most critical topics to know or to have a base understanding to at least be successful on as much of the test as possible, what do you recommend? I know ‘everything’ is the right answer but I am just trying to think of those areas that are always tested and not the spots that are obscure, rarely tested, and just may be a little more wasteful studying.

[chandler]

IMO, you have to understand all of the f/s. I would also have a good understanding of reporting in investments (equity method, consolidation, etc), and the MAJOR difference between GAAP and IFRS. Other than that, I would base it off of areas you feel weak in. Ie. if you feel especially weak in governmental or leases, etc. It sounds like you may have taken FAR before. If that's the case, I would look again at any of the areas you might have felt weak in at prior attempts.

[Author]

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