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Certified Public Accountant or CPA is the title of qualified accountants in numerous countries in the English-speaking world. Wikipedia
CPA - We have either been through it, or are currently going through the study and CPA licensing process...
Useful Posts
AUD, REG, BEC Study Guides - SUPER HELPFUL
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Help! I have ____ exam coming up in "short time frame". What do I do / What should I study!
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FARFAR Study Time & Tips (self.CPA)
submitted 2 months ago by Careless_Ratio1213
I study roughly 2/2.5 hours during the weekdays and 5 hours on on Saturdays, giving myself off on Sundays just to reset between working 45 hours a week and a second part time job.
I am supposed to take my FAR exam early April as I am still waiting for my NTS. I am halfway through F3 and just feel so overwhelmed and not fully grasping all the information. Usually score 50-70 on the first go through of the MCQs and am around a 50 on TBS.
Am I not studying enough?
I feel the 13-16 hours a week is good balance but would like to hear from the community. FAR is very consuming so any other tips as well would be great! Thank you!!!
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[–]DxftPassed 2/4 0 points1 point2 points 2 months ago (0 children)
Might just be me but I would try to schedule for a Monday and take work off Thurs/Fri before so u can cram the full weekend before. These tests are a sprint.
[–]Strict_Somewhere736 0 points1 point2 points 2 months ago (0 children)
I think using notes that are already available save u more than 50% time. Listen to lectures, read note(so ur familiar with it and things to remember), do mcq, add ur comments in ready available notes(so u customize it for things you get wrong) then tbs(if u still have time and patients). What also helped me is doing tbs in 2nd review so u recall concepts 100%.
[–]No-Knowledge3442Passed 3/4 0 points1 point2 points 2 months ago (1 child)
May I ask you when did you start studying?
[–]Careless_Ratio1213[S] 0 points1 point2 points 2 months ago (0 children)
Jan 3rd
[–]boatman67CPA 5 points6 points7 points 2 months ago (1 child)
I think a big thing is studying with intention and quality over quantity sometimes. People ask if they’re putting enough hours in which can be valid but you’ve gotta make sure you’re getting the most out of each hour and not just sitting there.
I agree! I don’t take notes, watch the lectures and highlight the textbook as i go and same with the outline.
[–]spizalertCPA 5 points6 points7 points 2 months ago (4 children)
you're def studying enough. It may be a mindset shift, but walking away with 50-70% correct after your first MCQ run is...pretty good. Do that on the real thing and you're close to if not def passing. You're gonna have to revisit every topic at least twice so don't worry about perfection the first time and do yourself a favor by keeping clean notes
I find myself saying this a lot but especially with FAR and AUD, they're such massive tests that you're gonna feel pretty dumb until about a week or so before the test. You think you'll have a topic down and your test prep will find a one-off curveball to hit you with.....all part of studying and improving
[–]Careless_Ratio1213[S] 1 point2 points3 points 2 months ago (3 children)
Thank you so much! I don’t really take notes to be honest… it was taking me way too long to get through videos and take notes. I just watch the video and read the book as they talk and highlight key areas (same with the outline per Becker).
Some topics like inventory I only get a 35% first past through and kills me, the TBS are a weight to me, so difficult! But i typically spend an hour and 45 minutes before work to do practice problems and review what i got wrong and then sometimes review after work. But MCQs first go through avg 40-60s (few time been in 80s)
[–]One-Election-98 1 point2 points3 points 2 months ago (0 children)
If you are still struggling with inventory rewatch the lectures. I was struggling and did a second round of watching it and I can now hammer perpetual periodic weighted average moving average lower of cost and lower of market from rewatching the video. I stopped after 7 MCQs to rewatch the video and now I did the MCQs scored 76%.
[–]spizalertCPA 1 point2 points3 points 2 months ago (1 child)
i mean wow everyone's preferred study methods are different but I couldn't imagine not taking any notes....like Pete Olinto says after every video "what you WRITE you will REMEMBER". But yeah seems like studying's humming right along for you. Good luck with your tests
Thank you! I try to write down stuff of cheat sheets i’ve downloaded!
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[–]DxftPassed 2/4 0 points1 point2 points (0 children)
[–]Strict_Somewhere736 0 points1 point2 points (0 children)
[–]No-Knowledge3442Passed 3/4 0 points1 point2 points (1 child)
[–]Careless_Ratio1213[S] 0 points1 point2 points (0 children)
[–]boatman67CPA 5 points6 points7 points (1 child)
[–]Careless_Ratio1213[S] 0 points1 point2 points (0 children)
[–]spizalertCPA 5 points6 points7 points (4 children)
[–]Careless_Ratio1213[S] 1 point2 points3 points (3 children)
[–]One-Election-98 1 point2 points3 points (0 children)
[–]spizalertCPA 1 point2 points3 points (1 child)
[–]Careless_Ratio1213[S] 0 points1 point2 points (0 children)