How to pass the FAR section of the CPA exam 

I’m writing this blog post as I am currently studying for the financial accounting and reporting, also known as the FAR section of the CPA exam. It is probably one of the most difficult exams I have ever come across, and this is at someone that has passed the CFP exam, about 25 different accounting class final exams, I have a bachelors degree in accounting and finance, I’m halfway through a masters degree program. In accounting, I’ve passed the BEC section of the counties I am, I have insurance licenses, and I’ve been in the field of finance for nearly 10 years. the financial accounting reporting exam of the CPA is one of the most difficult exams I have come across because of how comprehensive contact is for the exam. Coughing about it, is with as hard as it is the exam is still totally bearable. Here’s some of the strategies that I’m using to conquer the exam in about 8 to 15 weeks, why I think about 12 weeks is the best time frame for someone, and why if you don’t pass this exam on your first attempt you were going to be kicking yourself for a very long time. And so in this blog post let’s look at how to pass the FAR section of the CPA exam!

Here’s the original testing strategy that we use to pass the first section of the for CPA exam.

I started out with a textbook from Becker, I’m using this textbook in order to get a rough base on exactly what topics I’m going to need for the CPA exam. I’ve done the strategy where you jump right into the practice problems before, and I think this is typically a losers game. Without reading the book, the practice problems make so little sense that you make errors, and you’re more likely to give up. You need to book as essentially a base in order to build the building, the building being taking your practice questions over and over and over again. obviously the practice questions are the most important part of the equation, and that’s why reading the book is so important, without reading the book you’re never gonna understand what’s going on when you’re taking the practice test, and at least if you read the book in a kind of half assed manner, when the topic comes up when you’re taking the practice test you’ll be able to knock it out of the park, or at least it’ll make better sense.

Why Passing FAR Can Be So Daunting

So what I’m doing is I’m trying to read about a section of day for far. It’s been extremely difficult, and I’ve often found myself falling behind on this, just because every single page is literally a mix of legal regulations, audit regulations, and different financial accounting concepts. So far, I’ve at least gone through all the financial accounting concepts, but I found myself so sleep deprived, and it’s hard to take any new information. today I feel like I finally got a good nights sleep, so I may actually have a better shot at pulling this off.

Once you read the 650 page book of Becker, for far, I would recommend using Wiley for all the practice questions. It is just as good if not better than Becker for the CPA exam, add about 30% of the cost of the out rages Becker CPA exam system.

Why Is The CPA Exam Harder Than the Bar?

Great so you’ve gone three read the book and you’re starting looking at the practice questions. It seems like it makes no sense, and getting to your minimum of 3 to 5000 practice questions down in the six or seven weeks that you now have left seems incredibly daunting. Here’s a break this down into chunks that are eatable day by day so that you can knock this out of the park.

Basically what you’re gonna do is you’re going to strive to take one to two practice tests on average every single day for seven weeks straight. You’re gonna take the practice test as well as you can, and then you get a review of the practice test at the end. You can make sure that every additional practice test you take is brand new questions so that you’re seeing every single question you possibly can view before you take the test, Andrew, making sure he reviewing every single one of them thoroughly, to the point that if you see the question ever again, you can almost laugh at how easy it is. If you can do that for six or seven weeks straight, there’s literally no question that you can pass any of the four sections of the CPA exam. Another way that I can have a fire on your ass for this, is that if you don’t get this CPA exam sections done this year, the problem that you’re gonna run into is that you’re going to have the issue of the new changed CPA exam, which has additional Contin and sections, and which is going to have quite a few experimental, practice questions in it, because they’re testing out the new version of the exam. You do not want this to happen, take my advice and get at least four out of the way this year, your brain and your anxiety or thank you.

Sources:

https://www.bankrate.com/banking/cds/cd-rates/

https://money.cnn.com/data/markets/

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