5 Golden tips for FAR

1
https//mileseducation.com/cpa
Top 5 Tips For FAR Exam Preparation
2
https//mileseducation.com/cpa
One of the four Certified Public Accountant (CPA)
Test parts you must pass in order to become a
licensed CPA is Financial Accounting and
Reporting (FAR). Your knowledge of several
accounting standards utilized by governmental,
nonprofit, and commercial organizations is
evaluated. FAR, one of the toughest CPA Test
parts necessitates the proper study methods and
techniques in order to pass it the first time.
3
https//mileseducation.com/cpa

• This section incorporates standards and
  regulations issued by the following entities
• Financial Accounting Standards Board (FASB)
• International Accounting Standard Board (IASB)
• US Securities and Exchange Commission (US SEC)
• American Institute of Certified Public
  Accountants (AICPA)
• Governmental Accounting Standards Board (GASB)

4
https//mileseducation.com/cpa

• Spend more time practicing questions, than
  reading/ learning theory. The MCQs are generally
  more practical in nature than theory.

5
https//mileseducation.com/cpa

• Most people find out why an answer is not right.
  However, always identify the cause of your
  correct answer, as well. Sometimes you may get
  the answer right by chance. Ensure the logic
  applied by you is sound. Reading the answer
  explanation is highly important.

6
https//mileseducation.com/cpa

• Task-Based Simulations (TBSs) should be attempted
  after you have a stronghold in the MCQ section
  since simulations do not always conform to
  chapter boundaries and can test concepts from
  various disciplines. However, if you are good
  with the entire MCQs section, you will not find
  the TBSs as difficult, they will feel like
  long-form MCQs.

7
https//mileseducation.com/cpa

• FAR is quite voluminous when compared to the
  other 3 CPA sections. Consistent revision and
  notes of the chapters are required so that they
  remain fresh on your mind as the exam day arrives.

8
https//mileseducation.com/cpa

• Go through FAR CPA exam blueprints The least
  level of abilities and knowledge necessary to
  pass this section is described in the
  AICPA-designed FAR CPA Exam Blueprints. It also
  contains sample task statements and information
  that is divided into categories according to
  location, group, and topic. One to two times a
  year, the Blueprints are released. So, make sure
  to download the most recent version and learn
  about score weighting and the skills assessed for
  each topic.

9
https//mileseducation.com/cpa
To pass FAR, youre going to have to learn the
ins and outs of business and non-business
entities. This can be difficult content to work
through. But as long as you have Miles Education,
the best CPA Exam review provider to help you
study thoroughly and at a manageable pace, you
will be able to pass.
ENROLL NOW