Hi All,
I need help passing FAR. I have taken it twice already. I feel like my Becker and Wiley questions did not prepare me for nonprofit well, with regard to nonprofit financial statements. I could not find anything extra online, could someone please point me in the right direction how to prepare better for it?
Also, three of the SIMS threw me off. I just didn't know exactly what they were asking, it was vague. How do you approach a SIM that is vague?
I plan on re-memorizing hundreds of adjustments / accruals / journal entries in order to help me out with the SIMS. But, I'm not so sure given the type of SIMS I've had, that this will even help that much. Can't really think of doing anything else plus a few thousand more MCQs. I feel like I have everything else down, and I was scoring in the 70s and 80s in Wiley and Becker. So, it seems like I am just under performing on exam day due to the SIMs. I understand all the concepts well, except for nonprofit statements. I really think it is mainly the SIMs where I go wrong!