[emihartsell]

Welp I took FAR.

The first testlet was super easy, I finished it and realized it had only taken 10 minutes. Went back and double checked my answers to make sure I hadn’t made any stupid mistakes. Got to the next testlet and it was noticeably harder… Took me the allotted 30 minutes and I had to flag a few that I was unsure of to come back to. The third one seemed a little bit easier but still roughly the same difficulty as the second one. I felt generally alright about the MCQ but knew there were a few that I had to answer with just my best guess.

The SIMs were HARD. I practiced a few through Ninja and Becker (plus a few through CPAexcel earlier in the summer) and did pretty well on those for the most part. These were a completely different beast lol. It was super disheartening, because I did a quick look at all of them to see if there were any topics I knew really well or not at all, and I was stoked that I was pretty strong in all of the topics aside from one. I started with my strongest subject first, but realized halfway through jotting down the information that they’d added one extra ‘fact’ that threw me. It was something that had been mentioned in a few practice problems, so I knew what to do from a factual viewpoint but did not know how to treat the ‘fact’ other than that in terms of the accounting. It was only part of the answer and didn’t affect the main calculations as far as I knew, so I just flagged the question to go back to if time allowed. To my surprise, EVERY SIM had something like this! Like in general I know how to do Bond amortization (this wasn’t the question, since I can’t give you any information… but just as an example), but if I’d forgotten to look at the part about bond issuance costs it would throw off every answer. That sort of thing.

So now I’m worried that I failed. It’s really frustrating that I knew how to do the main part of almost every SIM, but could have gotten literally 0 points because I forgot about one minor detail that was some ‘blip’ in the readings/homework. I’d understand losing some points for that, since I should have known everything (and genuinely tried to)… but to not get any points on something I might have otherwise gotten a lot of points on is the worst. I tried looking it up in the authoritative literature and was able to get what I think was the right answer for one SIM, but ran out of time for the rest. Did anyone else have the same sort of feeling during their exam? How did things turn out? If I failed, I’m going to reschedule AUD and start going back over the minutia for FAR. But waiting until September 9th to find out is killing me haha

[emihartsell]

Glad to hear you guys passed!! And to everyone who posted saying they were about to take the exam, I hope you guys did really well 🙂 Here's to hoping we get good news on Friday (or the 20th)

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