FAR Study Tips
1. Don't leave a chapter until you know it. Understanding the rules and concepts first!
2. Please take practice tests and time yourself.
3. Make your OWN note cards.
4. Keep doing the multiple choice questions until you are scoring in the 80's and 90's.
5. Regardless of what study system you use, if you see a crazy MCQ, learn to love them and not stray away from them.
6. YOU MUST be well-rounded with your knowledge for the exam. Do not skip anything!
7. Anything that you didn't a chance to go over, I want you to read about the topic and stop doing calculations. Even If you haven't physically taken the time to number crunch, you will be able to handle yourself on the exam because you understand the theory behind it. TRUST ME ON THIS….if you can't trust yourself!
8. You will be tested over and over with different concepts and mixed together (not nice and neat questions put together) to see if you really understand your theory. The best analogy I can come up with is in REG there is bankruptcy law. You have to understand who gets paid first to last. What I'm trying to say is… you have to know the material in FAR sort of like that. It's a building block of rules.
9. Being a mechanical dummy will not get you through the exam. You can't just go through Becker, Gleim, whoever's MCQ's and just read a question and answer it. If you get it right, moving along to the next. If you see a choice that looks “interesting” but wrong, take the time to investigate it and find out why it's wrong. If are really stuck between two answers and you happen to get the right answer, don't move on! Take the time to read why your second choice was wrong. It's very tricky.
10. THEORY, THEORY, THEORY! THIS IS THE SHORT CUT MY FRIEND!