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Hi everyone!
I’ve been waiting to post on this site for sometime now – wanted to do it after I sat for one part to #1) share some insight and #2) help anyone else on this journey.
For months now, I have been studying for FAR. I started with Wiley CPA, but really got lost in the software. The syllabus was just too daunting and the daily tasks just did not work for me. So I switched a few weeks into study to Becker and started from the beginning. I noticed a difference right away. Becker is much more streamlined and gives you the facts and nuggets you need to within the different concepts. I did use Wiley lectures as a supplement for topics that I either needed much deeper insight into or more detail. Wiley does a really great job to cover Pensions. Totally easy to understand.
From my perspective, the FAR test (or the version) I got was very doable. That’s not to say that I feel like I passed – I don’t. I am pretty sure I bombed the second testlet, which was much more difficult that the first. ALOT of what I studied did not show up in the exam – but its a gamble, you don’t know what will show up. There was maybe 3 or 4 big topics within the MCQ’s, but the SIMS were all over. I thought the SIMS were manageable too – which also makes me sure that I did not pass.
It’s pretty disheartening to think of all the work that went into prepping – and not passing. But, if that does happen. I am VERY confident that going back through the material a second time will most certainly nail a passing score. And this is all part of the process. No reason to get down on yourself – at the end of the day. It’s just an exam. It does not define you as a person or yourself worth – at all. How you treat people and care for one another does…..
Anyway, we shall see – two months to wait.
As for motivation. Over the course of the last two months. I scoured this site for insight, wisdom on studying tactics, anything that would get me through the process. And I always found some really good posts. The best advice I guess I can leave you with is – SLOW and steady. Really spend the time to understand the “why” behind the accounting. Don’t just memorize. The likelihood of seeing a MCQ or question that requires memorization is null. You must know the concepts. Manage your time. Get really good at reading quickly, extracting information you need to answer a question. I spent way too much time doing the MCQ’s on the test. If I had practiced a bit more with my speed I would have been able to spend more time on the SIMS (I partially completed one SIM due to time).
And last but not least – its doable. It just requires some grit, focus and practice. That’s all.
Good luck to all of you!
On to Audit!
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