I passed FAR! 🍾

likeupliftinghelpful
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I would be more than happy to share what helped me! I studied 3 months but I’d say only 1.5 months of fully focused studying, if I’m being honest. I used Roger CPA review and would study 2-3 hours most nights after work and pretty much all day on the weekends.

I didn’t learn what worked for me until about half way through the 3 months and here is what I learned: watching lectures alone doesn’t help me much unless I’ve already read the chapters and taken my own notes. Once I figured that out, I would read the chapter and take notes as I went, and then watch lectures to round it out. I honestly didn’t take as detailed notes on sections that were easier for me but I always did it for the heavy hitter sections of FAR (bonds, inventory, revenue, leases, cash flows, consolidations) or sections I didn’t understand as well from the get go.

After watching the lectures I would do 10 MCQs at a time, and then again, and again, pretty much back to back until it sunk in. Any more than 10 at a time burnt me out and I wouldn’t want to study anymore. 🤣 I didn’t practice many SIMs and after seeing that exam, I wouldn’t change it. You never know what SIMs you’re going to get, you can only prepare by knowing the material and I think MCQs are a better way to do that in most cases. I practiced SIMs on the sections that were notoriously tested as SIMs, like cash flows and consolidations, though. Also, do NOT underestimate Govt/NP because it will be on your exam, likely as multiple choice but it is heavily tested. Do as many MCQs for Govt/NP as you can. I think my prep in this area was a big contributor to my passing

Lastly, I spent the last few days before the exam drilling MCQs and reviewing parts I was weak on. I did a 10 question quiz on each section (about 33 sections with Roger CPA) to review what I learned. I didn’t do any practice exams, I can’t imagine taking that exam twice in a week. 🤯

I hope this helps someone! Good luck!

likesmart

Following- failed and need study tips 🤗

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Study financial statements and put a little time into IFRS. 3.5 year of experience and just past FAR first time around (yes I know, late to the game but past the first time taken). Minimum studying, but know financial statements and disclosure well, which helped. Focus on multiple choice questions and good luck!

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Not every chapter, only the ones I thought would be tested as SIMs like cash flows and consolidations

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How did you study for it and how long??? 🤙🤙🤙

Did you practice the sims from each chapter?

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