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Conquer the FAR Exam | Top Tips and Strategies from a 95 Scorer | Maxwell CPA Review

  Рет қаралды 14,589

Maxwell CPA Review

Maxwell CPA Review

Күн бұрын

Struggling to pass the FAR exam? You're not alone! But fear not, this video is your one-stop guide to achieving FAR exam success. Kyle Ashcraft, CPA, a pro with over 200,000 students helped, shares his powerful strategies and insights gained from scoring a whopping 95 on the FAR exam.
In this information-packed video, you'll learn:
Essential FAR Exam Structure Breakdown: Get a clear understanding of the exam format, including the number of MCQ questions, task-based simulations, and the skills tested.
Master Study Approach: Discover Kyle's effective study approach that incorporates focused daily sessions with dedicated weekend review periods. Learn how to leverage Excel to minimize errors and maximize efficiency during the exam.
Top FAR Exam Topics: Dive deep into the most crucial topics you need to master, including cash flow statements, accounting for leases, consolidated financial statements, eliminating entries, and earnings per share. Kyle provides practical tips and breakdowns to simplify even the most complex concepts.
Bonus: Real-World Application: Gain valuable insights into how FAR exam knowledge applies to real-world scenarios by downloading and analyzing financial statements of publicly traded companies.
Plus: Get access to Kyle's complimentary FAR Exam Outline, a comprehensive study tool designed to boost your exam preparation.
With Kyle's guidance and proven strategies, you'll be well on your way to FAR exam victory!
Check out a FREE PREVIEW of my Comprehensive FAR review course: courses.maxwel...
When learning about accounting theory, make it your goal to convert the theory into its real-world application. How do you do that? By looking at real-world financial statements!
Here are two types of financial statements to check out:
Amazon For-Profit Financials: d18rn0p25nwr6d...
Red Cross Not-for-Profit Financials: www.redcross.o...
What are the FAR concepts you would like to learn about in a future video? Comment below!
Private CPA Tutoring: maxwellcparevi...
0:00 - Introduction
0:45 - Exam Structure
1:50 - FAR Study Tip #1
2:34 - My Study Approach
4:23 - Cash Flow Statement
6:31 - Lease Accounting
8:03 - Consolidated Accounting
9:15 - Eliminating Entries
10:00 - Earnings Per Share
11:58 - FAR Study Tip #2023
✨ 𝗝𝗼𝗶𝗻 Maxwell CPA Review ✨
/ @maxwellcpareview
🍁 𝗔𝐛𝐨𝐮𝐭 Maxwell CPA Review🍁
Our goal at Maxwell CPA Review is to help you thrive in your accounting studies. Whether you're struggling through a college accounting course or are pursuing the CPA exams, we want to help these confusing concepts finally make sense!
📌𝗖𝗛𝗘𝗖𝗞 𝗢𝗨𝗧 𝗢𝗧𝗛𝗘𝗥 𝗩𝗜𝗗𝗘𝗢𝗦
➡️How I Scored a 95 on the FAR Exam | 4 Must-Know Topics
🔗 • Conquer the FAR Exam |...
➡️How Long are the CPA Exams? 2024 Exam Structure
🔗 • How Long are the CPA E...
➡️2024 CPA Exam Score Release Dates | Testing Windows
🔗 • 2024 CPA Exam Score Re...
➡️Master the 2024 TCP Discipline Exam: Complete Topic Breakdown
🔗 • Master The TCP Exam: B...
𝗧𝗵𝗮𝗻𝗸𝘆𝗼𝘂 𝗳𝗼𝗿 𝘄𝗮𝘁𝗰𝗵𝗶𝗻𝗴: Conquer the FAR Exam | Top Tips and Strategies from a 95 Scorer | Maxwell CPA Review
#FARExam #CPAExam #AccountingExams #StudyTips #ExamTips #FinancialStatements #CashFlow #Leases #EarningsPerShare #FinancialAccounting #PassTheFARExam #MaximilianCPAReview
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Пікірлер: 56
@malinipai9123
@malinipai9123 4 ай бұрын
That outline doc seems like a huge help! Thanks a ton!!!
@MaxwellCPAreview
@MaxwellCPAreview 3 ай бұрын
Happy to help!
@TheSuperZufan
@TheSuperZufan 3 ай бұрын
Thanks for sharing! Your outline is amazing. This is also the most useful CPA prep video I've seen. Could you do a video on how to fit in studying for the CPA exam while you're holding down a full time job with a family?
@MaxwellCPAreview
@MaxwellCPAreview 3 ай бұрын
Thank you so much, I'm glad it's been helpful. Great topic suggestion!
@FahrvergnugenTaglich
@FahrvergnugenTaglich 10 күн бұрын
Check out Superfast CPA. Video lectures are mostly a waste of time
@Spyro311
@Spyro311 15 күн бұрын
On weekdays, you studied for around 2 hours, and on weekends, you spent about 5 hours reviewing the weekday materials. Using this method, it would take 5-6 months to study each section?
@rahulpandey3960
@rahulpandey3960 4 ай бұрын
Which study material u prefered /used for study for example becker ,Uworld ,gliean
@brettstroder1276
@brettstroder1276 4 ай бұрын
If there was some advice about working full time while studying would be appreciative.
@MaxwellCPAreview
@MaxwellCPAreview 3 ай бұрын
The key is maintaining consistent studies, even if you don't study for a long period of time. Try to get in at least an hour a day of studying.
@fillsgarage
@fillsgarage Ай бұрын
Thanks for sharing. Good stuff
@MaxwellCPAreview
@MaxwellCPAreview Ай бұрын
Thanks so much, I'm glad you liked it!
@saumilrana5
@saumilrana5 4 ай бұрын
FAR outline pdf is not opening can u provide link in comment reply
@eliyasshaik3145
@eliyasshaik3145 5 ай бұрын
Thanks for sharing
@MaxwellCPAreview
@MaxwellCPAreview Ай бұрын
My pleasure!
@proanimebro
@proanimebro 2 ай бұрын
How did you finish the lectures, take notes, AND practice MCQs in 2 hours when some of these module videos are 2 hours long by themselves?
@MaxwellCPAreview
@MaxwellCPAreview Ай бұрын
The lectures is where you can lose a lot of time. I would try watching them at a 1.5X speed or try lectures that are shorter in nature.
@youssefsweid
@youssefsweid 2 ай бұрын
They tested a lot of big tbs with 6 exhibits to each tbs ! I dont know the way they correct
@MaxwellCPAreview
@MaxwellCPAreview Ай бұрын
These are definitely daunting. The best tip for SIMS with many exhibits is to preview each exhibit for 30-60 seconds and write down the main purpose of each SIM.
@DHILLONJ8
@DHILLONJ8 5 ай бұрын
Thanks Kyle Paaji
@MaxwellCPAreview
@MaxwellCPAreview 3 ай бұрын
You're welcome!
@xxBarnaballs
@xxBarnaballs Ай бұрын
This is for the new FAR exam?
@MaxwellCPAreview
@MaxwellCPAreview Ай бұрын
Yes, this is based on the new 2024 exams.
@IshitaJain-vj5ri
@IshitaJain-vj5ri 5 ай бұрын
Hey, Is encumbrance accounting being tested on FAR exam?
@MaxwellCPAreview
@MaxwellCPAreview 5 ай бұрын
Good question. No, they are not. For governmental, you simply need to know all the funds and which methods of accounting they use. That's it.
@RaviMahendra-zg7ty
@RaviMahendra-zg7ty 4 ай бұрын
Hii Are fund financial statements and full set of financial statements tested in exams
@RaviMahendra-zg7ty
@RaviMahendra-zg7ty 4 ай бұрын
I'm asking regarding governmental accounts
@MaxwellCPAreview
@MaxwellCPAreview 3 ай бұрын
No, just the main types of funds and their methods of accounting.
@dhanashrinandoskar4848
@dhanashrinandoskar4848 3 ай бұрын
Which study material you are using
@dhanashrinandoskar4848
@dhanashrinandoskar4848 3 ай бұрын
@maxwell don't just like my comment answer my query
@huntermorgan7663
@huntermorgan7663 3 ай бұрын
Lol
@frankkelvin9059
@frankkelvin9059 3 ай бұрын
Obviously Passing the CPA exams is when you study hard,if you can't study or you don't have time for your studies I'd advise you get yourself a help like Mr Dylan
@frankdam.m6798
@frankdam.m6798 3 ай бұрын
People keep talking about Dylan all over KZfaq,he must be a very awesome help
@faithy60
@faithy60 3 ай бұрын
CPA exam might seem so tough to pass but studying very hard is a very vital skill to win trust me.
@thomasthanos
@thomasthanos 5 ай бұрын
@MaxwellCPAreview
@MaxwellCPAreview 5 ай бұрын
Thanks so much for your comment!
@FahrvergnugenTaglich
@FahrvergnugenTaglich 10 күн бұрын
No offense, but video lectures are a waste of time; go straight to the MCQs and work backwards. Only watch the lecture if you're struggling with the content. Superfast CPA
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