Conquer the FAR Exam | Top Tips and Strategies from a 95 Scorer | Maxwell CPA Review
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- เผยแพร่เมื่อ 5 มิ.ย. 2024
- Struggling to pass the FAR exam? You're not alone! But fear not, this video is your one-stop guide to achieving FAR exam success. Kyle Ashcraft, CPA, a pro with over 200,000 students helped, shares his powerful strategies and insights gained from scoring a whopping 95 on the FAR exam.
In this information-packed video, you'll learn:
Essential FAR Exam Structure Breakdown: Get a clear understanding of the exam format, including the number of MCQ questions, task-based simulations, and the skills tested.
Master Study Approach: Discover Kyle's effective study approach that incorporates focused daily sessions with dedicated weekend review periods. Learn how to leverage Excel to minimize errors and maximize efficiency during the exam.
Top FAR Exam Topics: Dive deep into the most crucial topics you need to master, including cash flow statements, accounting for leases, consolidated financial statements, eliminating entries, and earnings per share. Kyle provides practical tips and breakdowns to simplify even the most complex concepts.
Bonus: Real-World Application: Gain valuable insights into how FAR exam knowledge applies to real-world scenarios by downloading and analyzing financial statements of publicly traded companies.
Plus: Get access to Kyle's complimentary FAR Exam Outline, a comprehensive study tool designed to boost your exam preparation.
With Kyle's guidance and proven strategies, you'll be well on your way to FAR exam victory!
Check out a FREE PREVIEW of my Comprehensive FAR review course: courses.maxwellcpareview.com/...
When learning about accounting theory, make it your goal to convert the theory into its real-world application. How do you do that? By looking at real-world financial statements!
Here are two types of financial statements to check out:
Amazon For-Profit Financials: d18rn0p25nwr6d.cloudfront.net...
Red Cross Not-for-Profit Financials: www.redcross.org/content/dam/...
What are the FAR concepts you would like to learn about in a future video? Comment below!
Private CPA Tutoring: maxwellcpareview.com/tutoring
0:00 - Introduction
0:45 - Exam Structure
1:50 - FAR Study Tip #1
2:34 - My Study Approach
4:23 - Cash Flow Statement
6:31 - Lease Accounting
8:03 - Consolidated Accounting
9:15 - Eliminating Entries
10:00 - Earnings Per Share
11:58 - FAR Study Tip #2023
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That outline doc seems like a huge help! Thanks a ton!!!
Happy to help!
Which study material u prefered /used for study for example becker ,Uworld ,gliean
Thanks for sharing
Thanks for sharing! Your outline is amazing. This is also the most useful CPA prep video I've seen. Could you do a video on how to fit in studying for the CPA exam while you're holding down a full time job with a family?
Thank you so much, I'm glad it's been helpful. Great topic suggestion!
Thanks Kyle Paaji
You're welcome!
FAR outline pdf is not opening can u provide link in comment reply
How did you finish the lectures, take notes, AND practice MCQs in 2 hours when some of these module videos are 2 hours long by themselves?
Hey, Is encumbrance accounting being tested on FAR exam?
Good question. No, they are not. For governmental, you simply need to know all the funds and which methods of accounting they use. That's it.
If there was some advice about working full time while studying would be appreciative.
The key is maintaining consistent studies, even if you don't study for a long period of time. Try to get in at least an hour a day of studying.
They tested a lot of big tbs with 6 exhibits to each tbs ! I dont know the way they correct
Hii
Are fund financial statements and full set of financial statements tested in exams
I'm asking regarding governmental accounts
No, just the main types of funds and their methods of accounting.
❤
Thanks so much for your comment!
Which study material you are using
@maxwell don't just like my comment answer my query
Lol
Obviously Passing the CPA exams is when you study hard,if you can't study or you don't have time for your studies I'd advise you get yourself a help like Mr Dylan
People keep talking about Dylan all over
TH-cam,he must be a very awesome help
Yes you're correct but remember heaven helps those who help themselves, try studying if you can't study then get yourself a good help