Preparation advice for the FAR section of the CPA exam.

1. 5FAR CPA Exam Tips
for CPA Students

2. Due to its length and subject matter, the
Financial accounting and reporting (FAR)
section of the CPA exam is widely
considered to be the toughest of the four
exam sections.
At its heart it concerns “…the financial
reporting framework used by business
enterprises, not-for-profit organizations,
and governmental entities”

3. We have several tips to help you
conquer the beast when it comes
time....

4. Use Your Time Wisely
This section of the exam takes four hours. so try
to plot out how you'll use this time.
Figure out how much time you can take for each
question and each part of the exam.
Be sure to figure in bathroom visits and just
moments to breath and collect yourself.
By giving yourself some planning and structure ahead
of time you'll feel more in control and relaxed.

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6. What
Focus
The CPA exam is made up of four separate tests or "sections".
So, you need to think of and plan for it that way.
Make sure to focus only on the relevant material when
preparing for each section. For FAR this would be things like:
Account reconciliations and analysis
Securities and Exchange Commission
reporting
General ledger (GL) entries

7. Keep Up to Date
CPA exams are known for changing their
material to reflect current laws, policies,
and procedures.
Add subheading
This goes double for the FAR
exam due to the nature of its
content.
This is one reason why working
with a CPA course review is a
good idea.
They can ensure you’re using the most up-to-date and
frequently-revised study materials.

8. Understand
Make sure to get a real grasp of the information
and concepts that you're studying.
This will help you with the rest of the
rest of the exam including the MCQs
Really work the TBSs in the course
review.
Fill out journal entries and T-accounts
Don't just read the information. Practice
writing or saying it in your own words.

9. Relax
It might sound like advice your parents
would have given you before the SATs, but
it’s still important to keep in mind.
Don’t stress yourself out or you’ll make
even more mistakes and wear yourself
out too fast
Pace yourself, take your time, and don’t
psyche yourself out before you even
finish the test.

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