Which topics to study first For FAR? In which order did you study the FAR topics

  • Creator
    Topic
  • #183144
    CPANOVICE
    Participant

    Hello Everyone,

    I was wondering if you guy’s had a preference for which topics to study first ( for example I am using Wiley’s FAR exam review and they have the following modules in their book:

    Module 9: Basic Theory and Financial Reporting, Module 10: Inventory, Module 11: Fixed Assets, Module 12: Monetary Current Assets and Current Liabilities, Module 13: Present Value, Module 14: Deferred Taxes, Module 15: Stockholders’ Equity, Module 16: Investments, Module 17: Statement of Cash Flows, Module 18: Business Combinations and Consolidations, Module 19: Derivative Instruments and Hedging Activities, Module 20: Miscellaneous , Module 21: Governmental (State and Local) Accounting , Module 22: Not-for-Profit Accounting

    The reason I ask this question is because, during my college career I have realized that some topics are interrelated and it is sometimes best to study one before going on to the next etc.

    Sorry if this is a stupid question. I am just beginning my prep and don’t have much of a clue how to start.

    Any advice would be greatly appreciated. Please help to set me on the right track so I can conquer this so called FAR beast 🙂

    FAR:TBD
    REG:TBD
    AUD:TBD
    BEC:TBD

    I am using Becker self study, ninja blitz and Wiley (I am using the paperback version of the testbank)

    Brief overview of study method:
    1. Skim through chapter quickly
    2. Watch lecture videos
    3. Take a lot of notes on what the lecturers emphasize
    4. Complete half HW after lectures half after rewriting notes

Viewing 8 replies - 1 through 8 (of 8 total)
  • Author
    Replies
  • #667264
    Anonymous
    Inactive

    I'm not using Wiley, but I am just going straight through my book from Chapter 1 to chapter 25. I'm not sure that it matters as much for this test as it would in school as to which order you study because your study time is so condensed for this test that the topics are going to come much quicker than if you were doing this over an entire semester (assuming that your doing a 6-8 week study plan). I'm going to concentrate more on the topics that the Wiley Test Bank has more questions for and on Governmental Accounting. If a topic only has a 20 quesitons on the test bank versus 100+ for another topic, the lesser one will get less of my attention if I run out of review time.

    #667265
    jhawkins1010
    Member

    I'm going straight through my book, as well. I'm hoping the lovely people at Gleim were thoughtful enough to determine the proper sequence of topics for me. After that, I will focus on topics that I'm struggling with and topics that appear with the most frequency.

    #667266
    Gatorbates
    Participant

    Study Govt an Non Profit last. You want that info as fresh in your head as possible when you take the exam.

    Licensed Florida CPA:
    B: 71, 73, 79
    A: 83
    R: 78 (expired), 77
    F: 74, 74, 80

    It's finally freaking over.

    #667267
    Anonymous
    Inactive

    Hey Gatorbates, what FAR materials did you use last testing window and this window?

    #667268
    Gatorbates
    Participant

    I strictly used the Becker videos and Becker textbook. The final day before the exam, i switched it up and used the 24 hour free Wiley test bank for some additional MCQs. I was starting to memorize all of the Becker ones.

    Licensed Florida CPA:
    B: 71, 73, 79
    A: 83
    R: 78 (expired), 77
    F: 74, 74, 80

    It's finally freaking over.

    #667269
    Anonymous
    Inactive

    @Gatorbates, thanks for your reply. What version of Becker? I've been using 2012 Becker. What year is your Becker? Is there a huge difference between 2013 & 2014 FAR Becker software?

    #667270
    Gatorbates
    Participant

    I used the 2013 version. I took my first FAR exam in Aug 2013, and that was the most current. I didn't upgrade to 2014 (not even sure if it's available yet) for my January exam since I was so darn close and was taking it in early Jan. Not sure about the software … All I did was download the video lessons/practice questions and exams from their website. I assume it's almost identical, but not 100% sure.

    Licensed Florida CPA:
    B: 71, 73, 79
    A: 83
    R: 78 (expired), 77
    F: 74, 74, 80

    It's finally freaking over.

    #667271
    Key522
    Participant

    Does anyone know how the Wiley Module rolls up into the FAR 5 CSO areas?

    BEC Feb 2015 68 - rematch Apr 2015 - 84
    FAR July 2015 77
    AUD Oct 2015 74 Feb 2016 71 April 2016 85
    REG Jan 2016 67 July 2016

Viewing 8 replies - 1 through 8 (of 8 total)
  • The topic ‘Which topics to study first For FAR? In which order did you study the FAR topics’ is closed to new replies.