CPAnet Forum: How do I approach studying for FARE??

Active Topics

Memberlist

Help

FAR STUDY GROUP
CPAnet Forum : FAR STUDY GROUP

Topic: How do I approach studying for FARE?? (

Topic Closed)

Author

Message

<< Prev Topic | Next Topic >>

sonykiss
Contributor

Joined: 19 Mar 2009
Location: United States
Online Status: Offline
Posts: 56

Posted: 06 Apr 2009 at 14:36 \| IP Logged

Hi All,

I just finished my first 3 chapters of FARE. I did all the questions, but not 100% clear on the three chapters. Do I make sure I am completely understand these chapters before I move on to the other chapters or do I continue with the others then start over completely from beginning to completely understand the all the chapters? Please help. Thanks!

__________________
sonykiss
"Perseverance is the Doorway that Leads to Success."

Jams
Major Contributor

Joined: 26 Apr 2007
Location: United States
Online Status: Offline
Posts: 547

Posted: 06 Apr 2009 at 15:03 \| IP Logged

you will not understand 100% of the material unless you do all the nine chapters, i would say move on and you will start understanding the concepts better.

__________________
jams

BEC-76
AUD-80
REG-84
FAR-81 !!!

rchxenson
Regular
Regular

Joined: 22 Feb 2009
Online Status: Offline
Posts: 151

Posted: 06 Apr 2009 at 15:27 \| IP Logged

all I know is that I am waiting to move on till each chapter clicks for me and it is taking some time as some of the information that becker provides is more detailed than the multiple choice you will get on the exam.

I would say, wait till you understand the basics of each chapter, like the main 2-3 types of problems would be the most straight forward and 'test like' and then move on.

ie - bonds, know how to issue, what is interest pmt, interest expense, how to do premiums and discounts, then move on to the next section. If you don't 'get' warrants/convertables/debt restructuring right away, I wouldn't think that would kill you on the exam.

Though this is my first time in FAR so maybe someone with more exprience can add more.

Jams
Major Contributor

Joined: 26 Apr 2007
Location: United States
Online Status: Offline
Posts: 547

Posted: 06 Apr 2009 at 15:43 \| IP Logged

the reason i am saying not to wait more, is all the chapters in FAR are interconnected, you wont be able to put everything on peices al together unless you are done with all the 9 chapters. i am not saying just dont try and look into more detail, but even after doing all the MCQ's and reading everything, you are not getting it, then its just because you haven't read everything. thats my experience. good luck.

__________________
jams

BEC-76
AUD-80
REG-84
FAR-81 !!!

cinnamon
Major Contributor

Joined: 12 Aug 2008
Online Status: Offline
Posts: 312

Posted: 06 Apr 2009 at 15:52 \| IP Logged

I agree with rchxenson and jams. Grasp the main issues on each chapter and then move on to the other chapters. Don't overspend time in one chapter because you will end up with no time left for the other chapters that are equally important. And if you don't have an overall idea of the material then you wouldn't know where exactly to focus. You may be focusing on chapter 2 only to discover a few days/weeks later that chapter 7 is a disaster. (for me the disaster was/is chapter 5) :)

Page of 2 Next >>

Printable version

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum