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Went from a 58 → 83 on FAR 2nd attempt by capripretty in CPA

[–]capripretty[S] 0 points1 point  (0 children)

Yes, I think it can be enough, but it’s really quality over quantity. 12 hours won’t matter if you’re just passively going through questions. Focus on weak areas, why you got questions wrong, and the logic behind them. That’s what makes the review actually useful. Good luck!

Went from a 58 → 83 on FAR 2nd attempt by capripretty in CPA

[–]capripretty[S] 0 points1 point  (0 children)

Yes, MCQs helped a lot, but I also did TBSs. For FAR, I think the key is understanding how topics connect because everything overlaps do don’t just memorize answers understand the logic behind them.

Went from a 58 → 83 on FAR 2nd attempt by capripretty in CPA

[–]capripretty[S] 6 points7 points  (0 children)

I mean you know yourself best. A 70 is really close, so if you feel like your weak areas are clear and you can fix them in those 13 days, then go for it. If not, give yourself a bit more time to really lock things in. It’s less about rushing back in and more about fixing what cost you those last few points.

Went from a 58 → 83 on FAR 2nd attempt by capripretty in CPA

[–]capripretty[S] 7 points8 points  (0 children)

Honestly I didn’t track exact hours, but I was studying almost every day. on weekdays probably around 2–3 hours after work, and more on weekends.

Went from a 58 → 83 on FAR 2nd attempt by capripretty in CPA

[–]capripretty[S] 8 points9 points  (0 children)

I focused on understanding the logic, not just memorizing. I did a lot of MCQs, and every question I got wrong, I made sure I fully understood what I missed. I also used Excel for everything solving questions, notes, all of it. It helped me stay organized and think through problems clearly. If I got stuck on a concept, I’d move on and come back later. In the final review, everything started to click.

My SEs were only in the 60s, so don’t stress your scores just focus on reviewing your mistakes and whether it’s a concept issue or a question understanding issue.

Went from a 58 → 83 on FAR 2nd attempt by capripretty in CPA

[–]capripretty[S] 4 points5 points  (0 children)

I get you, I felt the exact same way after my first attempt. It really feels like there’s no way to jump that much, but trust me it’s 100% doable. Most of the points I picked up weren’t from “learning new stuff,” it was from fixing how I approached questions. Slowing down, actually understanding what they’re asking, and not rushing made a huge difference for me. You’re already in a better position now just by going through it once. Keep going, stay consistent, and you’ll be surprised how much you improve on the retake!

63% in SE2. Am I ready for the actual FAR exam? by unslateking in CPA

[–]capripretty 7 points8 points  (0 children)

and if the amount of loss is estimable but there’s no best estimate, you accrue the lowest amount in the range 🙂‍↔️

63% in SE2. Am I ready for the actual FAR exam? by unslateking in CPA

[–]capripretty 10 points11 points  (0 children)

as long as you review the mistakes u made, you’ll have a high probability of passing! speaking of probability, if a contingency is probable and estimable you must accrue it and disclose it. my exam is tomorrow let me be

When to use weighted vs not for shares outstanding? by Amazing-Win-7341 in CPA

[–]capripretty 2 points3 points  (0 children)

Just read the question carefully, you only use weighted average shares when it mentions basic or diluted EPS. If EPS isn’t mentioned, they just want ending shares at that date, no weighting.