how many hours should i put in to studying for FAR? 37 on my first FAR exam…

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  • #172360
    Anonymous
    Inactive

    I’m a a college graduate

    took some accounting classes in college/online courses while in college to prepare myself for FAR

    got a 37, THIRTY SEVEN!!!!!!! on my first FAR exam

    planning on studying for FAR on my own (without doing any online review courses) because i feel like i really didnt understand what i was doing at all

    so i basically dont know anything about accounting, you can say.

    how many hours should i put in?

    how many months would it take for me to fully grasp the concepts covered on FAR?

    AHHHH thanks guys for your help

    ANY ADVICE WOULD BE APPRECIATED 🙂

Viewing 6 replies - 1 through 6 (of 6 total)
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  • #355576
    Anonymous
    Inactive

    How long did you study for to get the 37? Are you using any studying materials? Becker, Wiley, etc?

    #355577
    Anonymous
    Inactive

    @chakdey

    thanks for your reply!!!

    well, i studied for FAR very sporadically for like a whole year during my last year of college, meaning that i didnt really spend too much concentrated/focused time on studying for FAR so i seriously cannot estimate how much time ive actually spent its kinda embarrassing.

    but now that im re-reading the chapters, i feel like i didnt know a single thing going into the test because i honestly thought knowing journal entries and doing the problems in very vague fashion will at least get me a 75.

    I used Wiley for my first attempt… which got me a 37.

    I'm using Wiley again and re-reading the chapters right now to get an idea on what accounting is overall.

    now that ive graduated, i can devote all my hours into studying over the summer and i dont think im a dumb person… even though my 37 says that i am…. hahaha.

    ahhhh thank you so much for your help!!!!!

    #355578
    LongJourney
    Member

    I Don't like to sugar coat it. 37 is seriously bad. Don't get me wrong, I don't believe that a grade is an indicator of how smart you are, but self-study clearly won't work out for you unless you spend PLENTY of time and efforts and even then the results are hardly guaranteed. A more efficient way (and most likely less costly), might be to get a “teaching” rather than a “review” course. Try the demos of Roger & Yaeger, since they are more aimed towards teaching you the basics of accounting form scratch without assuming that you know anything about accounting.

    REG: 80 (02/02/2012)
    FAR: 91 (02/06/2012)
    AUD: 89 (02/09/2012)
    BEC: 79 (02/12/2012)

    Ethics: 90 (02/11/2012)

    #355579
    Anonymous
    Inactive

    The first time I took FAR i studied for months and didn't feel prepared, but decided to just take it anyways for the hell of it. I failed of course with a 54 I think, and I left most of the sims blank. Second time I spent alot more time and got a 77. I did say “WTF” when I read the 37! lol But like everyone will say, this isn't a easy process and you can not BS you way thru it. So pick a good review materials and buckle down for the ride, rest of the parts dont get too much easier than FAR.

    #355580
    round1
    Participant

    You need a good review course. Knowledge is important, but it's about time management above all!

    My story: I've signed to sit for 3 tests on one NTS, without any previous prer time. I was able to pass the first 2, but didn't had time to prepare for FAR (I've underestimated how huge it was). So, I paid to sit for this FAR exam, thus went to the test center just to get the “FAR testing feeling”. Totally unprepared! My answers were based solely on my previous college classes and gut instinct. Got a 63! Still, there was a 12 points difference…. And I've spent the next 2 months studying for the FAR exam. Not easy, but doable.

    DONE!

    #355581
    KEMcpa
    Participant

    Each person has to determine what works for them. FAR (and all of the other parts) are very broad categories with LOTS of material. Personally, I spent over 100 hours of time going through the Gleim self study materials before taking FAR. There are lots of good review materials and programs available. I say, pick one and then follow their plan. Do your best and hope for the best. AND if at first you don't succeed, try, try again!

    Licensed Texas CPA!

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