Thank you for attending today's session on "The Best Way to Study for the FAR Exam." Below is a summary of our discussion and a replay link for those who registered but couldn't join us live.
Click below for the FAR Exam session replay.
FAR Exam Session Recap
FAR Exam Insights:
Pass Rates: We discussed how FAR consistently has the lowest pass rates among CPA exam sections, with barely 40% of candidates passing.
2024 FAR Blueprint: The 2024 blueprint has changed the presentation of testable content but not the content itself. I emphasized that memorizing content doesn’t work well for the CPA exam. It's crucial to understand the material thoroughly. For instance, Area II of the blueprint includes a section on the balance sheet, but candidates must also understand the other financial statements and their interconnections.
Live Instructor Tutorial:
Multiple-Choice Question (MCQ): I shared my screen to walk through an MCQ from the FAR Exam Review Workbook & demonstrated how an MCQ can easily become simulations.
Answer Strategies: I shared strategies I used to double your chances of selecting the correct answer, even when you don't know what the question is asking.
How I Approach CPA Exam Questions:
Understand what’s being asked by reading the last sentence first.
Use your existing knowledge - you know more than you think.
Follow the fact pattern to the right answer.
Special Offers for CPA Candidates
FAR Exam Review Workbook:
Use promo code FAR72424 to get the workbook, today only. This resource is great for supplementing your course materials or as a standalone guide to help you truly learn the material.
Link to the FAR Exam Review Workbook + don't forget your promo code
FAR Exam Review Course:
The course includes practice exam questions and up to 5 simulations, with step-by-step guidance on strategizing, maximizing points, and managing time. Use promo code FARC72424 to access the course, available today only.
Link to the FAR Exam Review Course with Simulations + don't forget your promo code
Session Survey and Replay
What Do You Need Help With? I started these sessions because CPA candidates asked for them. Please take a moment to tell me how I can best help you with the CPA exam.
Sidenote: I love how so many of you are Team Pancakes with the Crispy Edges! Open the link to see what I'm talking about...
3 Questions: If you joined the session live, please answer these 3 questions. If you're watching the replay, tell me what you thought about the session after you watch.
Replay: If you missed the live session or want to revisit the discussion, you can watch the replay here.
Based on feedback from today's session, I'll be hosting a PART 2 to continue this much-needed discussion about the FAR exam. Stay tuned for details!
Thank you once again for your participation. Happy studying!
Best,
Nikki Winston, CPA
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