FAR Down: Nice try FAR Sims!

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  • September 26, 2011 at 2:42 am #161891
    ScruffMcGruff
    Member

    Passed FAR after basically not doing 2-3 simulations and probably getting my research sim wrong (which I usually NEVER get wrong). Got REG next month followed by BEC in November. After passing FAR, I feel like REG and BEC (especially) will be cakewalk. Still going to study my @$$ off though… Here’s to hoping I actually get enough time to do my next set of simulations next month!

    AUD - 85
    FAR - 78 (lol@ FAR Sims)
    REG - 85
    BEC - August

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  • September 26, 2011 at 2:50 am #300304
    gottagetmycpa
    Member

    Congrats!!! that is how I feel but I was actually okay with the SIMS the MCQ were crazy for me! tons of stuff on there that I had not seen. So happy not having to study that one again! Hoping that i can get pass REG as well. When are you taking REG???

    FAR 76
    REG 76(2x)
    BEC FAILED (2x)
    AUD FAILED (2x)

    "When you don't give up, YOU CANNOT FAIL"

    September 26, 2011 at 2:55 am #300305
    ScruffMcGruff
    Member

    Oct 22nd. Got basically a month to study still and have already gone through the CDs once (although that was back in June… lol). Best part about it is that I just started my job and they're basically going to let me study during work until my schedule fills up.

    AUD - 85
    FAR - 78 (lol@ FAR Sims)
    REG - 85
    BEC - August

    September 26, 2011 at 7:09 am #300306
    honeycat84
    Member

    Man, I don't get it. I feel I studied effectively for FAR. When I got my scoring back, I got a 71. I took the exam in August. This was my first time taking FAR, and my only weaker portion was the simulations. All MCQ topics I scored comparable/ stronger in. Would anyone care to explain how the simulations scoring works? I'm in CA.

    September 26, 2011 at 7:26 am #300307
    unDeR
    Member

    The simulation tasks are now worth 40% as opposed to 30%. Partial credit is given except for the research tabs. That is all I know for sure. And from the looks of it, if you're not at least comparable on the sims, you're likely to fail as far as the AICPA is concerned:

    Can I pass the Auditing and Attestation (AUD), Financial Accounting and Reporting (FAR), or Regulation (REG) sections just by doing well on the multiple-choice questions?

    No. The portion contribution from task-based simulations in those sections is too large. You would need to get some of the task-based simulations questions correct to pass.

    https://www.journalofaccountancy.com/issues/2011/may/20103616.htm

    Texas-licensed CPA

    September 26, 2011 at 7:56 am #300308
    honeycat84
    Member

    Thank you for the link, unDeR. It's very helpful.

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