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Hello fellow candidates!
After a long 3 week wait I received my score for FAR today. Having checked the site throughout the day, I finally got my score at 10 min to 5. After I clicked on "score" for the 20th time, I noticed that there were no red words; I gasped and quickly clicked on another tab exclaiming loudly "my score is there!!" My coworkers were probably more excited that they wouldn't have to suffer through my complaining anymore about the scores not being released, yelled "Well, how did you do?" and were rather frustrated when I replied that I didn't know because I couldn't bring myself to look. In fear of an uprising I once again clicked on the NASB tab and slowly scrolled down. When I saw my score my hands flew up into the air, I yelled "YES, YES!" and swung around in my chair several times. This, I thought, must be what it feels like to win a football game! Well, ok maybe not, but this was my football game and I won! Although my score was only an 88, to me that is equivalent to a 99 because God willing, this means I will never have to go over the FAR material again and that is priceless!
I am very self aware of my learning style, what works and what does not. For FAR I knew my weak areas so I began with Government, NFP and DTL/DTA. I really have to know the topics, if I just do a basic review of high level concepts, I'll fail miserably. I'm a terrible guesser too so I can't really count on the 50/50 working in my favor. With this self understanding I went with 3 different review programs and 1 question test prep, each filling a particular need. 1) Yeager (Cindy sections for the most part) for intensive video review 2) Lambers for intensive audio review (Bill Grubbs on Gvmt, NFP and Partnerships awesome!) 3) Pederson CPA review for final review, additional MCQ assistance and personal counselor. I could be watching a Yeager video, have a question, email Rob and have an answer fairly quickly. The online video clips were great in helping me with the bigger picture understanding. And finally, Gleim for test prep - note: simulation wizard absolutely worth the money.
A study technique that I believe contributed significantly to passing was/is a basic acctg tool: T accounts my friends, T accounts! I purchased myself a Wilson old school green paper pad and starting with Gvmt I would trace or map out transactions so I could see the impact on ALL the accounts, not just the ones listed in the problem. I can't even express how much this helped, especially in putting the picture together for DTL. This concept I had always feared and never really understood, now it seems somewhat simple. At first I just couldn't get it, finally I shut off the video, didn't listen to audio, none of it. It was me, a sheet of green paper and a complex problem. I traced each trx, from IS to BS, and carried it through its entirety (using both j/e's and t-accts) and then bingo, the light went off! It's not something I could learn just by looking at it or hearing it, I had to do it.
After my night of basking in the glory of my win, I will start the intensive study program for Audit. Audit is unfamiliar territory for me so that immediately has me a little nervous. Not only that, one of my best study resources for FAR won't be available for Audit - Pederson CPA review. Not sure how I will fill that void.
Well I think I've reached the end of my battle winning speech! It's time to put this win behind me and focus on the next battle. Good luck to you all on your next exam! If anyone has any tips on Audit preparation I would love to hear them!