JLeins
Newbie
Joined: 11 Aug 2009
Online Status: Offline
Posts: 33
|
| Posted: 23 Mar 2010 at 12:35 | IP Logged
|
|
|
So yesterday I got the passing score back for FAR, my last section- a pass. I tracked my hours of study on a spreadsheet with the results as follows (I also took the exam sections in this order):
AUD: Score = 89, Hours = 64
REG: Score = 89, Hours = 111
BEC: Score = 91, Hours = 56
FAR: Score = 91, Hours = 88
Total Hours = 319.
Advice: I used Bisk exclusively (self-study online). IMO it is not necessary to purchase more than one set of study materials because the MCQ's are essentially the same (because they are all questions released by the AICPA).
Study Plan: Go through each chapter/section and listen to lectures/read up on topics that you are unfamiliar with. If you have classes covering the material, I advise to skip the lectures and go straight to the MCQ's to save time. Any MCQ's you get wrong, type up notes to in MS Word for future reference. Once you are done with all the chapters and have gone through the MCQ's once, take a 2nd run through the MCQ's (don't reference the notes yet). In my experience the study materials (especially readings) tend to overprepare you for topics not likely to be tested. Finally, do the practice exam a couple times and look over your notes that were creating when doing the MCQ's. Don't waste time on the sims given by the study materials, they don't tend to mimic what you will see on the exam.
Areas to focus on:
AUD- internal control, know the various possibilities of the audit report in and out and know where paragraphs and sentences should be added
REG- focus on taxes, partnerships, estates, and some biz law
BEC- should be a cakewalk, all the material was there though
FAR- Leases, acquisition accounting, capital structure. Make sure to know transactions affecting S/E. Don't forget about Govt/NFP, it was hit harder than I expected, but of course this could have just been random chance.
Good luck everyone!!!
__________________
AUD- 89
REG- 89
BEC- 91
FAR- 91
(Used Bisk exclusively)
|
Active Topics 
Memberlist 
Search 
Help
Register 
Login
Topic: I passed! Tips & Advice
Topic Closed)
