How to study for FAR SIMS/journal entries?

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    Topic
  • #1317932
    Porma Fierles
    Participant

    Yeah FAR is so specific and more technical to me. Advice for journal entry type problems, being ready for all the scenarios? Thanks.

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  • #1317958
    hasy
    Participant

    For every MCQ I did, I would imagine or at least write out the journal entry for them. The week before the exam, I would write out ALL the journal entries from each chapter (it doesn't take as long as you think). The night before the exam, I would review them.

    Cash flow stmt questions and cash to accrual questions, write out the journal entries. There's literally no method but practice.

    Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved - Helen Keller

    -

    BEC 80 (10/23/15)
    FAR 72 (4/2/15); 83 (7/11/16)
    REG 52 (4/28/15)
    AUD (9/9/16)

    Roger + NINJA MCQ + WTB

    #1318009
    CJC14
    Participant

    I took the exam yesterday and wish I would have done this. If I didn't pass this is the area I'll be concentrating on. @hasy‘s advice sounds really good. Thanks!

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