[FAR] Financial is killing me…

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    Topic
  • #157089
    strider4216
    Participant

    It’s almost sunrise now…and I’m taking the test in 5 days…I have so many lectures to get through still…I miss Peter Olinto, Tim Gearty was great in Audit, but I’m starting to hate him now…Financial is driving me crazy, Audit/Reg drove me crazy too, but not like this…I feel like I master chapter three, then by chapter five I’ve forgotten everything…I have no idea how I’m gonna pass this test…I know I felt this way about Audit and Reg, I know I left Reg feeling like I got a 50 and I ended up passing (wtf miracle), but for some reason I can’t even think back to those two tests, this feels like a different beast…I’m REALLY pessimistic about my chances of passing Financial….this is my almost sunrise can not do present value calculations for the life of me rant, sorry if it’s incoherent but I lack sleep and time and mental stability…I hope this is all worth it in the end, especially since I’m going into consulting and not public accounting..can’t be picky in this economy though…

    /rant off

    One last attempt at these MCQ’s, if fail then sleep.

Viewing 15 replies - 1 through 15 (of 42 total)
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  • #338043
    Anonymous
    Inactive

    Can you reschedule it? It may be worth it so you can get more review time in. It is a massive amount of material. I spent a week just reviewing and I felt like I needed longer because between the first lecture and the last, you don't realize what you can forget so quickly.

    #338044
    strider4216
    Participant

    I already rescheduled it once, I just need to get it over with…I think I can study for a year and still not feel confident about FAR…there's just SO much material crammed into one test…what really bothers me though is that I will spend 4 hours trying to master a topic I'm really struggling on, but I would bet that the topic won't even show up on the test.

    #338045
    Anonymous
    Inactive

    I know. I have never heard of anyone on here saying, “I was totally prepared for FAR and aced it”. So much material, and like you, I would spend hours trying to master a topic. I'd feel good, move on and spend too much time on another topic. I finally told myself that I can't be an expert on everything. There were some topics I just said, “Screw it. I know enough to maybe figure out an easy MCQ. Please don't let me get a simulation on this”.

    After taking FAR, I feel kinda let down with myself that there were topics I should have known better, but for the most part I think I was prepared as well as I could. The most frustrating thing is getting a simulation NOT covered in my study materials. The time I spent learning the stuff that wasn't even on the exam could have been spent on something worth points. It's like the AICPA knows what we are learning and they find some obscure subject to test us on. Just know you can't prepare for everything they throw at you. Just do the best you can.

    I was sure I flunked REG too, but came out okay. Maybe we will be okay now too.

    It sounds like you are really putting in the work, so stay on track, but get some rest. If you are fatigued, you won't do as well. I had planned on cramming like crazy the day before but due to something else that came up, I didn't. Fortunately I think it helped clear my mind a bit. Good luck!

    #338046
    Anonymous
    Inactive

    I agree, you'll never feel prepared for FAR. It's way to much material! If you've put in the time, you'll be fine.

    #338047
    Anonymous
    Inactive

    my feelings exactly

    #338048
    mgoloubenko
    Member

    I can definitely relate to what you're going through, preparing for this has consumed my life and my “fun time” is spent on this forum still obsessing about the exam. I've hit a new low lol but I'm so close to the end that I just keep working on things

    FAR 4/9/12- PASSED
    BEC 7/13/12- PASSED
    AUD 8/16/12- Ughhh 71, Rematch: 90!!!
    REG-12/6/12 PASSED

    USC MAcc- Fight on!

    They say good things come to those who wait, but only those things that are left by those who hustle.

    #338049
    Anonymous
    Inactive

    I know how you feel. I'm on the same boat. The material is just so overwhelming. Just have to take it one bite at a time. Remember just need the 75! I'm not sure if this would help you, but I have a big 75 written on my white board in my room. That 75 is the first thing I see when I woke up. 🙂 My motivation to continue on haha….

    #338050
    Anonymous
    Inactive

    You are not alone. It's been two whole months since i've gone out or seen my family. My only interaction is through facebook and this forum, but think of what you are accomplishing. Think how great this will mean to you when it's finally over. I've been going to bed every night at 3am. My eye won't stop twitching due to lack of sleep, but if I'm going to do down then I'm not going down without a fight. I know I shouldn't think that way, but this exam is a beast and I am lacking so much confidence right now.I actually broke down and cried today (yes, I'm a sissy), but I had to…then i re-grouped and hit the multiple choice questions again and haven't stopped since. Hang in there!!

    #338051
    mgoloubenko
    Member

    @ cyn637 hahaha I cry almost every day lately, especially in this last week out of frustration/self-doubt- you are so not alone.

    FAR 4/9/12- PASSED
    BEC 7/13/12- PASSED
    AUD 8/16/12- Ughhh 71, Rematch: 90!!!
    REG-12/6/12 PASSED

    USC MAcc- Fight on!

    They say good things come to those who wait, but only those things that are left by those who hustle.

    #338052
    Anonymous
    Inactive

    girls, i ve been crying everyday lately too!

    i feel like theres so much material that i dont know.

    so as i m studying i basically cry out of helplessness. hope i never have to stare at leases and bonds problems ever again.

    #338053
    Anonymous
    Inactive

    @mgoloubenko: hahaha! Yep, today I cried because I couldn't solve partnerships. I got all of them right in Becker but then when i worked the wiley questions, I literally got like 5 right. I cried as I ate a snickers…lol! chocolate always makes me feel better 🙂

    #338054
    mgoloubenko
    Member

    The funny thing is I know my lease and bonds backwards and forwards, and pretty much all the big calculations. It's really the small stuff I get hung up on i.e. when to recognize a deferred gain in lease salesback, thresholds for stock dividends greater than 25 or less like all those annoying rules.

    FAR 4/9/12- PASSED
    BEC 7/13/12- PASSED
    AUD 8/16/12- Ughhh 71, Rematch: 90!!!
    REG-12/6/12 PASSED

    USC MAcc- Fight on!

    They say good things come to those who wait, but only those things that are left by those who hustle.

    #338055
    mgoloubenko
    Member

    @ cyn637 hahahaha and then I feel even worse for crying because I'm like “stop being such a sissy, it's a test” but yeah I indulge in way more unhealthy food because I don't have time to cook. My fun activities are grocery shopping & the gym lol

    FAR 4/9/12- PASSED
    BEC 7/13/12- PASSED
    AUD 8/16/12- Ughhh 71, Rematch: 90!!!
    REG-12/6/12 PASSED

    USC MAcc- Fight on!

    They say good things come to those who wait, but only those things that are left by those who hustle.

    #338056
    Anonymous
    Inactive

    @mgoloubenko, power to you!

    i struggle the most with the calculations…which must be why i find audit so much better compared to this.

    i feel like i win the lottery when i get a problem without any numbers lol

    #338057
    Anonymous
    Inactive

    I know exactly what you mean…it's like give me a problem I can solve…not theory…I'm more nervous this time around because i literally felt like the last time I took FAR, it was “my” exam (if that makes sense). like i knew every multiple choice question. All the concepts they tested me on was stuff that I knew very well. If there is an exam that was tailored for me, it was that exam. I scored higher/stronger in all the multiple choice concepts. Then, i hit the simulations, oh man, did I underestimate them. So now i'm trying to study everything all over again and work on my time. People are worried about what is on the exam, but i think for FAR, timing plays a huge factor…at least for me..maybe i'm just a slow test taker.

Viewing 15 replies - 1 through 15 (of 42 total)
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