How to prepare for the CPA-FAR exam? | Get to know the study tips from Priyal Ajmera


Everyone has different strategies and plans to study any subject. Still, sometimes the experience of others helps us to see whether we are doing things in the right direction or not. So I am sharing my experience.

Firstly I have taken live classes of Sripal sir and Suraj sir and then Becker lectures (especially of Peter Olinto). After taking the lecture, I generally used to make my own notes which definitely is time-consuming but helps me out in the last days of my exams. Then go through the skill master videos which are actually amazing.

Firstly I have taken live classes of Sripal sir and Suraj sir and then Becker lectures (especially of Peter Olinto). After taking the lecture, I generally used to make my own notes which definitely is time-consuming but helps me out in the last days of my exams. Then go through the skill master videos which are actually amazing.

In my second round of study, I revised my notes and took a practice test (which consists 50 questions +2 SIMs each time) for each module separately and the marked MCQs which helps me understand where I am lacking, and then I go through those concepts again.

Now comes to my last 15 days preparation, I gave 2 mocks of Becker and a sample test of AICPA, which made me understand the whole scenario of the exam. Solved all AICPA released questions.

Experience of my exam day:
  1. Firstly the interface of the exam is very familiar with that of Becker mocks, which gives me confidence.
  2. I don’t think, so AICPA uses the weighted as I saw a lot many MCQs on governmental accounting and NFP only.
  3. SIMS is voluminous as compared with Becker SIMS but it's manageable if stuck to the question which has been asked.
  4. One of the SIMS I got in the exam is on the conversion of US GAAP to IFRS so you should know the difference between them.
  5. I must say the calculator which they provided is tiny and it is difficult to calculate with it. So I recommend practicing with excel for calculation purpose.
So this is my strategy for cracking my FAR exam. Hope this helps many students.

Thank you.

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