Hi All Group Members:

I joined the group today. I sechduled my FAR on 5/7/10. working full time. I don't have $$$ to buy expensive study material from Becker or others. so far I am studying through Wiley book.

looking for your help / guidence /  in prep for my FAR exam and other exams. 

Hey, i recently passed all 4 parts and like to give u some advise.

I study mainly by reading book, no MC or simulation pratice.

I study by understanding each chapter at least 90 percent. Since book is supposed to give you knowledge to do the MC, if you understand book, you cant do too bad on the exam.

Another tips is to making most of the information long term memory.  According to long term memory study, for something to become permanent, you need to recapture it THREE TIME, SEPARATE BY  TIME CAP OF 8-24 hours. 

When i study the exam, i read and FULLY understand 3 chapters, then i start 3 new chapters.  While i am reading the 3 new chapters, i will re read or skimming through the previous 3 chapters three time. This really help becuz when it comes to the acutal exam.  I only have to re read or skim through the whole book once to recapture everything.

MY conclusion is that, FULLY UNDERSTAND THE BOOK becuz it is representative of the everything.  DO mutiple choice to consolidate your understanding.  I didn't do any Mutiple chocie pratice at all, but i have to say that the mutiple choice include many concept that is not clarified by book. On the other hand, i suggest skipping simulation pratice becuz if you understand the material, you will do well on simulation.  In fact, many simulation i encountered are either too confusing and hard( which everyone fail), or super easy( but you might not have time to finish it) <--- time is big problem on FAR.

I actually never did the 2nd simluation(except essay) on the 4 exams because i do not have time. i spent most time on the mutiple choice part.  However, the result is that i always pass by scoring well on MC and written communication. 

SO 1) Understand book.  2) DO MC if extra time. 3) reread book b4 exam. 

HOPE YOU PASS.