FAR tests on
- Financial statement of different entities -Private, Public & Government
- Components within a financial statement -Income statement, Balance sheet, Statement of Cash flow.
- Concepts within components – Bonds, Deferred Taxes, Pension, PP&E, Revenue recognition,
- Rules within concepts – GAAP vs. IFRS
FAR is difficult because
- Too many topics to understand and retain information
- MCQs & TBS / SIMs drills into concepts and its applications.
- Document Review Simulation (DRS) is time-consuming.
The RCAC approach
- Customized CPA exam preparation based on your learning style.
- Focus on integration of topics leading to conceptual understanding.
- Consistent application of integrated techniques assists in better understanding.
- Personable study buddy willing to handhold or kick butt to sort you out.
Session Options
- FAR 101 – You have your NTS. You don’t know where to start.
- A topic with RC -You have completed a once over of the review material.You trend at 65%.
- MCQs with RC – You are taking the lazy man’s approach to CPA. You want a study buddy.
- Email RC – You don’t want a real-time session. You got questions and want accurate answers.
- FAR Boot Camp – You are 10 days away from your exam date. You want to touch on concepts.
- Basics of Accounting – You are pursuing a Master’s that involves an accounting course. You get the concepts but struggle with debits/credits.
