What are the 5 toughest topics for FAR?

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  • #172252
    Givemesleep
    Member

    Looking for areas to focus extra hard for FAR

    Reg 11/15/2011 - 80
    Aud 02/28/2012 - 81
    Bec 05/31/2012 - 78
    Far 08/31/2012 - 83 Do you believe in Miracles, YES !!!

    CPA License received 10/2012 !!
    CFE License received 04/2013 !!
    EA License received

    Givemesleep

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  • #354160
    mgoloubenko
    Member

    The hardest topics with Becker were not necessarily the most tested topics. There were chapters I struggled with and finally understood only to get two or so questions on it. Leases and bonds are an absolute must, and governmental and not-for-profit had a lot of questions that I had not really prepared to see despite devoting a lot of time to both subjects.

    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.

    #354161
    Sandra
    Member

    I think its pretty individual.

    Currency translation and remeasurement SUCKS HARD for me. I've heard other people mention deferred taxes (relatively easy for me) and dollar value LIFO (a work in progress). I think I finally have governmental crap down but that was a sticky one for me too.

    #354162
    msgolds
    Participant

    I would say if I were to rank my top five (albeit this is subjective):

    1) Nonprofits (though that is just because I'd never seen nonprofit accounting before)

    2) Interco Transactions for Consolidated Entities

    3) Stockholder's Equity (esp. the different Treasury Stock methods)

    4) Bonds (Though strangely enough I had no trouble with leases)

    5) All the Revenue Recognition areas

    BEC - 90 PASSED
    FAR - 84 PASSED
    AUD - 93 PASSED
    REG - 84 PASSED

    I DID IT!!!!

    Using Becker Self-Study

    "If we were put here to carry a great weight, then the very things we hate are here to build those muscles."

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