FAR

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  • #157656
    VIJAYA
    Participant

    I have been preparing for FAR for sometimt now. When I take Gleim MC tests, I am never scoring 75 or more. My scores have been all over the place. Any advise or insight anybody can give? Thanks in advance.



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  • #228382
    Anonymous
    Inactive

    VIJAYA….I think sometimes too many people put credence in how well they are doing with the MCQ's. Most people who have passed (from what I see and read) use the MCQ's as a way to STUDY too. “Do as many multiple choice questions as you can” is a theme you'll see throughout this blog.

    One of my problems has been that I was banging off as many as I could in one sitting (as fast as I could.) Now I've slowed down and when I get a question wrong……I analyze it…I reread the question….I redo the calculation (by hand) that the answer shows me…..

    I'm finding this helps……I'm taking FAR this Saturday at 1:00pm and am WAY BEHIND on my hours of study (Thanks to the Massachusetts May 11th tax deadline extension.)

    GOOD LUCK!

    #228383
    Anonymous
    Inactive

    Totally agree with what you said! I used to be the type to just get as many MCQ's done as I could but that did me know good. Just slowly go through each one and understand why you got it right or wrong. Once you do that, your MC scores will probably improve.

    #228384
    75 CPA
    Participant

    I passed FAR on my first attempt with Yaeger.

    FAR is unlike any other exam that I have ever taken. Unlike AUD, there is almost no memorization in FAR (financial accounting). Additionally, the material in FAR just never ends. I do not think my college covered 50% of the material in FAR. College was a piece of cake compared to these CPA exams.

    You have to understand the concepts in FAR. That is the reason that I took notes. I divided Yaeger's review program into the 26 subjects that he covered. Taking notes on FAR slowed me down. It took me 5 months to study FAR!

    My niece did not take notes and she did the course in 6 weeks with Becker. However, she took a graduate course in accounting that specifically prepared her for the FAR exam! Life is not fair.

    #228385
    whitesoxfancpa
    Participant

    I am using Becker to study for FAR right now. For anyone not familiar with Becker, their lectures are broken down into maybe 6-8 pieces each, and each of those have corresponding questions (as few as 3, sometimes as many as 120, just depends on the subject). What I do for a chapter is watch each part of the lecture, then try that part's questions, rinse and repeat until I've watched the entire lecture and tried all the questions once. I typically get 60-70% on the questions the first time; I look at this as just getting my feet wet and exposing myself to the material. I don't spend a lot of time on each question or looking at the reasons for wrong answers.

    After this, I repeat the process above, except this time READING instead of watching the lectures. So I'll read the section, do the questions, read the next section, do the next questions, etc. I do much better this time around. This time around is when I SLOW DOWN and learn from the questions. For each wrong question, I stop and make sure I understand why it's wrong and how to come up with the right answer before moving on.

    So, morals of the story:

    1. Don't be discouraged by wrong answers; they can be a learning tool.

    2. Quality, not quantity. LEARN from the questions, don't speed through them. If you want to do questions at exam pace, use practice exams, not homework questions.

    AUD 96 FAR 95 REG 94 BEC 88

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