What to write down right before FAR exam

  • Creator
    Topic
  • #3304514
    TinatakesCPA
    Participant

    Hi all! Sitting for FAR on Monday. Any suggestions of the top 5 or 10 things i should write down on my whiteboard/note paper after logging into the exam? Things I will really need to remember during exam?

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    Replies
  • #3304517
    monikernc
    Participant

    Breathe!

    AUD - 93
    BEC - 82
    FAR - 76
    REG - 88
    How have you been?
    Ninja book and MCQs and the forum, all first try! 2016
    Licensed State of Montana April Fool’s Day 2020
    State of Colorado June 2020 - AICPA Ethics 93
    Experience was the worst part of the journey for me. You?
    If you want things to change you have to do something different.

    FAR 7/25/15 76!
    AUD 10/30/15 93
    BEC 2/27/16 82
    REG 5/23/16 88!
    Ninja Book and MCQ and the forum - all the way!!!
    and a little thing i like to call, time and effort!
    if you want things to change, you have to do something different

    #3304520
    AM_SB
    Participant

    Hi Tina,

    Best wishes on your exam tomorrow, I want to help you out with your question but I am on the same boat (I am sitting for FAR next Monday) I hope someone replies with good things to note before the exam.

    Please let us know how the exam goes for you tomorrow.

    Best of luck

    #3304523
    CPAHOPE
    Participant

    Its me again lol..

    Presentation of financial statements: for instance, you need to know exactly where discontinued operations and other comprehensive income are listed in the i/s

    Bonds: know from buyers n sellers perspective, the journal entries

    Consolidation: know how to eliminate intercompany transactions , inventory and fixed assets

    Bank reconciliation: know how to reconcile from g/l to the bank balance

    Fixed assets: know how to depreciate straight line and double declining method

    Investment: know cost, equity, acquisition method

    Hedge: know different types of hedging

    Finally, look at your BLUEPRINT, it will tell you what you need to know to pass good luck!

    AUD - 78
    BEC - 76
    FAR - 80
    REG - 77
    FAR 80

    REG 79*,77

    AUD 78!!Final

    BEC 76

    "Theres no limit unless you allow it"

    *expired

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