Everyone has different strategies and plans to study a subject. But, others’ feedback will give you the much needed clarity while moving forward with your studies. Hence, my strategy.
First of all, I took live classes of Sripal sir and Suraj sir and then took Becker lectures (especially of Peter Olinto). After taking the lecture, I generally made my own notes which definitely was time-consuming but it helped me during the last days of my exams. Then went through the skill master videos which were actually amazing.
During my second round of study, I revised my notes and took a practice test (which consisted of 50 questions +2 SIMs each time) for each module separately and the marked MCQs helped me understand where I lacked, and then went over those concepts again.
In the last 15 days of preparation, I gave 2 mocks of Becker and a sample test of AICPA, which made me understand the whole scenario of the exam. I also solved all AICPA released questions.
EXPERIENCE OF MY EXAM DAY:
- First of all, the interface of the exam is very familiar to that of Becker mocks, that gave me confidence.
- I don’t think AICPA is weighted as I saw a lot of MCQs on governmental accounting and NFP only.
- SIMS is voluminous as compared to Becker SIMS but it’s manageable if you stick to the question which has been asked.
- One of the SIMS I got in the exam was about the conversion of US GAAP to IFRS so it’s extremely necessary to know the difference between them.
- I must say that the calculator that was provided by them was very tiny and it was difficult to calculate with it. So, I recommend practicing with excel for calculation purposes.
SO, THIS WAS MY STRATEGY FOR CRACKING MY FAR EXAM. HOPE THIS HELPS MANY STUDENTS.