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

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: https://courses.maxwellcpareview.com/...

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: https://d18rn0p25nwr6d.cloudfront.net...

Red Cross Not-for-Profit Financials: https://www.redcross.org/content/dam/...

What are the FAR concepts you would like to learn about in a future video? Comment below!

Private CPA Tutoring: https://maxwellcpareview.com/tutoring

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

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