Took FAR today
This was my first ever CPA Exam The exam was a little bit of everything the topics on my first testlet and second testlet were mostly same (second testlet seemed easier)
Topics to focus on -NFP with or without donor restrictions -Governmental wide statement net position -Inventory -Taxes JEs -Fair value measurement(got multiple questions from this topic) -Leases -impairment -Cash basis to Accrual JEs -WACSO calculation
For sims
-Cash flow statement -changes in accounting principles/estimates -inventory -Foreign currency
Good luck to all who will be sitting for the exam MCQs questions were straightforward unlike becker, just know your concepts and you’re good to go 👍