What do I need to know about FAR?

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  • #171117
    ReneeNC
    Member

    I am taking FAR on 8/31 (NTS expires 9/14). This is a LOT of info to cover in a relatively short time, especially since it has been a long time since I have worked with this material.

    I plan to follow the NINJA study plan. I have started watching my videos, but only doing the proficiency questions in CPAExcel, but not the MCQs.

    I will (eventually) get the Wiley Test Bank and NINJA notes. I already have the FAR NINJA flashcards.

    What’s the main focus? Any area that is much harder than the others?

    REG - 89
    BEC - 82
    FAR - 87
    AUD - 81
    Used CPAexcel, Wiley Online Practice, and NINJA!

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  • #344801

    I would make sure you understand government and NFP accounting, the difference between the funds and what they are used for, and don't ignore IFRS!

    B 71 - 79 EXPIRED
    A 69 - 75 EXPIRED
    R 65 - 48 - 45
    F 56 - 61 - 65 - 64

    Becker, Wiley Test Bank, Wiley Text and Ninja Notes

    "The fish who keeps on swimming is the first to chill upstream" -311

    Experience - Done, like WAAAY done.
    Still need 30 more credits, in basket weaving (gotta love new CA requirements)

    #344802
    Mrs 300
    Participant

    Personally, I don't think you can get away with not knowing: Bonds, Leases, NFP, Govt, Equity/Earnings Per Share, Inventory, & IFRS. Those areas need to be hit hard. It seems like a lot, but I don't see how FAR is passable without owning those areas.

    REG - 80 (Becker only)
    BEC - 76 (Becker only)
    AUD - 71, 76 (Becker only)
    FAR - 65, 74, 81! (Becker, Wiley Test Bank, Ninja notes & Audio)

    CPA Class of 2012 🙂

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