[FAR] Financial is killing me… - Page 2

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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 - 16 through 30 (of 42 total)
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    Replies
  • #338058
    misanthrope87
    Participant

    I also spend all my fun/free time on this board…

    B 2/12 87
    A 11/11 90
    R 8/11 86
    F 5/12 88

    #338059
    mgoloubenko
    Member

    @ cyn637, that just means you studied very hard and put in the hours so you were comfortable with the material. I am confident that this time when you pace yourself, you'll do great!

    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.

    #338060
    Anonymous
    Inactive

    @ mgoloubenko : Thank you so much 🙂 I sure do hope so! I wish the same for you as well. Good luck with your studies!

    #338061
    jenuno01
    Member

    LOL @ crying while studying for FAR. I remember I used to bitch-slap myself and seriously hurt myself in anger while practicing Wiley questions… It is doable girls hang in there

    Class of 2012

    #338062
    Anonymous
    Inactive

    I sure do feel better after reading this thread! I'm studying for FAR too and I have 3.5 weeks left until the big day. I started out thinking “Okay, this isn't so bad” and now that I'm going back and trying to refresh my memory on earlier topics I'm really starting to panic. The doubt is definitely starting to settle in and it's not a good feeling. I'm not really sure how to handle it other than sucking it up and keep at the MCQs.

    Slightly off topic but how are you ladies doing on time management with the MCQs? Do you time yourself, how are you doing? It's taking me forever to get through them because if I don't understand a question or if I'm not completely confident with an answer I'll stop and try to get a better understanding of it by going back through material and making flashcards. I guess I'm really just trying to get a comparison on how others are doing so I can judge my own performance. This is my first exam and so I'm nervous that I may be under-estimating the exam/time management importance.

    @strider how many weeks have you been preparing for this? You mentioned already pushing the test back once before so I'm just curious you've been plugging away at it…

    @mgoloubenko I know what you mean by feeling like you have no life or “fun time”. I kicked my butt studying one day last week (8 hours! ugh) so I could go to a girlfriend's baby shower. Couldn't miss that one, she flew all the way from Germany to have her baby shower back home in Michigan! This weekend is even worse—my birthday is on Saturday and Easter is on Sunday, I'm screwed! These little choices to either study or go have margarita night with the girls will be the biggest factor in my seeing a 75 on score release day or not.

    #338063
    MChro12
    Member

    I definitely feel everyone's pain on this one. I take FAR on the 16th. I got a 63 on Becker's final exam 1 yesterday. I'm hoping between this weekend, and a 4 day weekend next week I can bump it up to a 75.

    Reg 77 (Aug 11)
    Aud 80 (Nov 11)
    BEC 79 (Jan 12)
    FAR 80 (April 12)

    #338064
    ledgermaven
    Member

    I think the timing part will be the test maker or breaker for me too – I can do most of the mcqs ok and have read in earlier threads to do a few passes through each testlet. Answser all the easy ones right away, second pass do the next hardest, and third pass do the hardest as much as possible while staying in your time allotment for that section. Otherwise quess and move on to leave adequate time for those impossible sims!

    have been eating way too much chocolate than is healthy to get through a studying day…

    #338065
    mgoloubenko
    Member

    For the research tabs, what are you tips on finding the correct ASC as quickly as possible? Since time is so valuable I could use some tips.

    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.

    #338066
    Anonymous
    Inactive

    @mgolo try to find key words you would think only relates to the topic then search it….start clicking on the first result then use the “search within” and use certain words within the topic. also when you click on a result…look on the left and you can see which sub topic you're looking in to reassure you're in the right direction…you dont want to waste time searching for indv taxation in the corp tax section.(REG ref.)

    #338067
    Anonymous
    Inactive

    @EELCPA

    My timing is horrible. I'm one of those people who has to write everything out to ensure I don't miss anything. I need to visually see the problem. I can't just solve it in my head. Being that I went through the exam once, I know the simulations are what's going to kill me. So at this point, I'm stuck between quality vs quantity (i.e. do i spend the extra minute trying to solve or just move on to have more time for the simulations). During my last exam, the testlet's kept getting harder (ie. wordier and calculations) so I specifically remember spending over an hour on the last testlet. This is why i am freaking out now. I know if i just had those extra 5 mins i wouldve passed. Still kick myself for that 🙁 So now, I'm just going to watch my time. Depending on how I do the most I want to spend on the MCQs is 2.5 hours.

    #338068
    mgoloubenko
    Member

    @cyn637, was it that you found the simulations “impossible” like everyone says, or just ran out of time? Did you leave any blank?

    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.

    #338069
    Anonymous
    Inactive

    The original post is from 2 years ago.. hope you guys know.

    #338070
    mgoloubenko
    Member

    Guess not much has changed since then lol FAR is as miserable as ever

    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.

    #338071
    Anonymous
    Inactive

    @cyn637, I'm getting crushed by the Wiley questions too! I did so well on the Becker questions. It's so disheartening. There are so many questions on Wiley that isn't covered by the lectures/vaguely covered in the book or that's ancillary material. All these little details are killing me…..

    #338072
    Anonymous
    Inactive

    @ mgoloubenko

    I found the simulations doable HAD I had more time. I think when people say its impossible its do, its due to the combination of how in depth the simulations are and how much time you have left. To me, TIMING is everything. You can know everything on that exam, but if you run out of time and you don't get to those simulations…it's very tough. I took my exam back in October and I can still remember vividly each simulation. I knew if I had more time I would've nailed that exam because I knew the concept really well (I was lucky to get simulations on concepts I knew very well). It doesn't help that the weight distribution of the exam is now 60/40. Before I think it was 70/30 so you could kind of half-a$$ the simulations and still be able to pass. Do you use Becker? The simulations are piece of cake in Becker. It's good practice, but no where near equivalent to the exam. Sorry, I don't want to scare you 🙂 But there are just so many factors that I didn't take into consideration when I first took it.

    And sadly i didn't hear about not leaving blanks until after i took the exam. I wonder if i wouldve passed had I done that. I left A TON of blanks.

    Just don't stress, manage your time, and you will be fine 🙂 If you know your stuff then you will be good. I'm sure of it!!

Viewing 15 replies - 16 through 30 (of 42 total)
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