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Hi all,
I just started studying for FAR and I’m already worried about how I’m going to pass this test. I’m doing Becker self-study and I just got done with the first homework, which hasn’t gone so well. On some of the topics, I’m literally scoring 33% and there are a few others where I’m only getting 65-70%s on them.
One thing is that I’m trying to simulate exam conditions when doing the homework as best as possible. Therefore, I do not look at my notes, What I did is that I watched the entire F1 lecture yesterday, looked over notes, and then tried all of the homework today from memory. The rest of the day, I’m going to re-read the sections that I bombed and then do the supplemental questions/F2 lecture tomorrow.
Is this the right way of doing this, or am I just a moron? I’m genuinely getting concerned about passing this test, because it’s only going to get harder and I’m already struggling. I thought that graduating from a T20 masters program and being well above average in terms of rank would put me in good shape, but so far it has been a disaster. Also, do I really need to get 75% of all the questions right to pass? That seems impossible so far.
One last pattern I’ve noticed is that I generally do OK with computational questions but struggle with concepts. For example, I nailed all of the discontinued ops calculations, changes in depreciation methods etc. but when it asks me what the maximum number of days I can extend my filing of a 10-Q is, I never remember those.
Thanks in advance!
FAR - 84
AUD - 76 (phew)
BEC - 88
REG - 77DONE!
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