@SSAETERN My FAR strategy was very similar to my strategy listed for AUD.
1) The only differences were that it took me longer to get through Far HW as it takes longer to answer calculation HW questions versus AUD theory questions.
2) I did spend more hours doing a final review for FAR as it covered much more material.
3) After completing majority of the study chapters I listened to FAR Ninja Audio more than a few times (Sometimes I would explain what Jeff said in his Audio a different way reinforcing my understanding of the topic… Same results but slight different approach to what he was explaining). I also used Ninja Flashcards any spare time I had.
4) On some subjects I did not get bogged down in the detail (Example Retail Method of Inventory accounting). I understood it at a high level but did not see the value in spending time going in detail with the different methods for what might be one question.
5) I spent more time understanding the Why for Pensions and Governmental accounting since this was new for me. Once I understand the basis of what was trying to be accomplished this helped understand the process. Also for Governmental I applied everything mental to my local Governmental Jurisdiction (Example if they raised $ for taxes for the construction going on near my home where what fund would it be accounted for. What information would I want to know and why.)
6) I did not directly focus on international but I did understand the main differences and a few of the key differences. Focusing on IFRS vs GAAP at the end helped to drive home my understanding of Both US GAAP and IFRS.
Bec, 6/8/2016 - 84!
Far, 7/12/2016
Reg,
Aud,
.