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November 25, 2013 at 5:49 pm #182024
jeffKeymasterFAR Resources:
Free FAR Notes & Audio – https://www.another71.com/cpa-exam-study-plan
FAR 10 Point Combo: https://www.another71.com/products-page/ten-point-combo
FAR Score Release: https://www.another71.com/cpa-exam-scores-results-release
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December 3, 2013 at 5:19 pm #525451
kaywaleeParticipantTo all the passed FAR candidates,
After 2 sittings with FAR, grades are 68 and 70. I am now regrouping and hoping to get some fresh approach to studying for this exam.
I sat for Audit November 30th, and now I am planning to retake FAR mid January. I have lectures, notes and test Bank.
I am also working full-time and I try to study every chance I get. Somehow, I feel like I need some new study techniques. Any advise will be welcome. Thanks!
December 3, 2013 at 7:11 pm #525394
big KMemberHello all!!!
I just left the Prometric exam site less than two hours ago – and the FAR exam was brutal. I literally had tears in my eyes. My chances are so slim of passing that I am going to start restudying this weekend. The exam was completely unbalanced – about a quarter of the multiple choice questions were on governmental accounting. In addition for about 10 questions it was hard to figure out what they were asking.
Quick question for anyone that is further along the process than I am – I have FAR and AUD left before BEC expires on 4/30/2013. On top of that the wife and I are expecting baby #2 in the middle of March. Should take some time off from FAR (today was my second attempt at it) and focus on FAR. Or should keep at FAR till I pass?
Good luck to all.
Thanks for input!!
December 3, 2013 at 7:11 pm #525453
big KMemberHello all!!!
I just left the Prometric exam site less than two hours ago – and the FAR exam was brutal. I literally had tears in my eyes. My chances are so slim of passing that I am going to start restudying this weekend. The exam was completely unbalanced – about a quarter of the multiple choice questions were on governmental accounting. In addition for about 10 questions it was hard to figure out what they were asking.
Quick question for anyone that is further along the process than I am – I have FAR and AUD left before BEC expires on 4/30/2013. On top of that the wife and I are expecting baby #2 in the middle of March. Should take some time off from FAR (today was my second attempt at it) and focus on FAR. Or should keep at FAR till I pass?
Good luck to all.
Thanks for input!!
December 3, 2013 at 7:11 pm #525396
big KMemberHello all!!!
I just left the Prometric exam site less than two hours ago – and the FAR exam was brutal. I literally had tears in my eyes. My chances are so slim of passing that I am going to start restudying this weekend. The exam was completely unbalanced – about a quarter of the multiple choice questions were on governmental accounting. In addition for about 10 questions it was hard to figure out what they were asking.
Quick question for anyone that is further along the process than I am – I have FAR and AUD left before BEC expires on 4/30/2013. On top of that the wife and I are expecting baby #2 in the middle of March. Should take some time off from FAR (today was my second attempt at it) and focus on FAR. Or should keep at FAR till I pass?
Good luck to all.
Thanks for input!!
December 3, 2013 at 7:11 pm #525455
big KMemberHello all!!!
I just left the Prometric exam site less than two hours ago – and the FAR exam was brutal. I literally had tears in my eyes. My chances are so slim of passing that I am going to start restudying this weekend. The exam was completely unbalanced – about a quarter of the multiple choice questions were on governmental accounting. In addition for about 10 questions it was hard to figure out what they were asking.
Quick question for anyone that is further along the process than I am – I have FAR and AUD left before BEC expires on 4/30/2013. On top of that the wife and I are expecting baby #2 in the middle of March. Should take some time off from FAR (today was my second attempt at it) and focus on FAR. Or should keep at FAR till I pass?
Good luck to all.
Thanks for input!!
December 3, 2013 at 8:14 pm #525398December 3, 2013 at 8:14 pm #525457December 3, 2013 at 9:51 pm #525400
jcorye1MemberI've started studying, and my exam is on February 28th! I'm using Yaeger and Wiley, and trying to put in at least 3 hours a day of lectures, note cards, multiple choice, and simulations.
December 3, 2013 at 9:51 pm #525459
jcorye1MemberI've started studying, and my exam is on February 28th! I'm using Yaeger and Wiley, and trying to put in at least 3 hours a day of lectures, note cards, multiple choice, and simulations.
December 4, 2013 at 11:55 pm #525402
LStevens225ParticipantHow do you calculate gross profit percentage? It looks to me that it is (sales – cogs)/sales but I can't find a straight forward answer! Thanks!
December 4, 2013 at 11:55 pm #525461
LStevens225ParticipantHow do you calculate gross profit percentage? It looks to me that it is (sales – cogs)/sales but I can't find a straight forward answer! Thanks!
December 5, 2013 at 1:17 am #525404
MintsRGoodParticipant@LStevens 1. Sales-Cogs=GP 2. GP/Sales=GP% Thinking of it in 2 pieces makes it cleaner and much less difficult than it needs to be.
I keep this one straight with a classic 100/60/40 to keep it tidy. If sales are 100 and cogs is 60…GP is 40. GP% is 40/100=40% Then if the problem asks for cogs but only gives GP% and sales then you take 40% of 100 and cogs is 100-40=60. This is a launching pad for endless amounts of inventory MCQs and can help you shortcut!
I realize that is a very very very basic example BUT when there is this much info to digest in one section less is often more IMHO! 🙂
REG: 75 DONE 🙂
AUD: 61, 71, 68, 92 DONE 🙂
BEC: 76 DONE 🙂
FAR: 72, 74, 79 DONE 🙂
Licensed Michigan CPA 🙂
-Some people dream of success...others wake up and work hard for it!!!
-The cowards never start and the weak die along the way!
-You better work, b***h!
-Only those who dare to fail greatly can ever achieve greatly.-JFKDecember 5, 2013 at 1:17 am #525463
MintsRGoodParticipant@LStevens 1. Sales-Cogs=GP 2. GP/Sales=GP% Thinking of it in 2 pieces makes it cleaner and much less difficult than it needs to be.
I keep this one straight with a classic 100/60/40 to keep it tidy. If sales are 100 and cogs is 60…GP is 40. GP% is 40/100=40% Then if the problem asks for cogs but only gives GP% and sales then you take 40% of 100 and cogs is 100-40=60. This is a launching pad for endless amounts of inventory MCQs and can help you shortcut!
I realize that is a very very very basic example BUT when there is this much info to digest in one section less is often more IMHO! 🙂
REG: 75 DONE 🙂
AUD: 61, 71, 68, 92 DONE 🙂
BEC: 76 DONE 🙂
FAR: 72, 74, 79 DONE 🙂
Licensed Michigan CPA 🙂
-Some people dream of success...others wake up and work hard for it!!!
-The cowards never start and the weak die along the way!
-You better work, b***h!
-Only those who dare to fail greatly can ever achieve greatly.-JFKDecember 5, 2013 at 1:52 am #525406
AnonymousInactiveHi, I'm in. I'm planning on taking the exam in January. Is anyone using Bisk CPA????
December 5, 2013 at 1:52 am #525465
AnonymousInactiveHi, I'm in. I'm planning on taking the exam in January. Is anyone using Bisk CPA????
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