I passed FAR almost a year ago, and purposely left it for last for that reason – I don't think I would have been ready to attack it as my first exam. With that being said, thought I'd offer my $.02.
1. Use the Content Specific Outline (AICPA website) to guide you as to how you should prioritize your study time. I can't speak for it now, but I relied heavily on the outline and found it to be a good indicator as to what's on the exam. There is no sense trying to remember 100% of any topic, especially if it's not heavily tested.
2. While doing MCQ's, focus on the quality of your learning, not the quantity that you are completing. Everyone is different, but I completed far less MCQ's (less than 1,000) than many of the people here. I tried to focus on understanding WHY an answer is correct or incorrect. I didn't start focusing on how long or the number of questions I was doing until I reviewed a few days prior to the exam.
3. Get as familiar with the Authoritative Literature as you can. This helped me to both understand concepts I was having problems with and it saved my you know what on multiple SIMS. I think you can still get a free trial – google it, or check the AICPA website.
4. Don't worry about your study schedule too much as it will drive you crazy. Some chapters will take you longer and some may take you less time than you expected. As you proceed, you will get a good idea as to the pace you should have to make good progress and stay on track to get through the material.
5. Change up your study routine if you feel like you are in a rut. I listened to some of my lectures during my lunch hour at work (talk to boss first, lol) or on my Kindle at the gym. On my longer study days (weekends), I would sometimes go to Starbucks or the library at the college I attended for grad school. You have to be careful and not be distracted by your surroundings, but I found changing my study environment kept me from getting too bogged down.
Good luck!
BEC - 88 8/29/15
REG - 82 11/14/15
AUD - 83 1/8/16
FAR - 80 2/29/16
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