Essential FAR Exam Formulas Explained | Pass the FAR Section with Ease | Maxwell CPA Review

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Are you preparing for the FAR (Financial Accounting and Reporting) section of the CPA exam? In this video, we break down the essential formulas you need to master to pass the exam. We'll cover Allowance for Doubtful Accounts, Inventory Management, Straight-Line and Double Declining Depreciation, Bond Accounting, Cash Flow Statements, and Basic Earnings Per Share (EPS). Follow along with our examples and practice solving for key variables. Download the PDF of these formulas to aid your study and ensure you're ready for exam day. Don't forget to like, subscribe, and hit the notification bell for more CPA exam tips and tutorials!
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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!
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[@tabishahmed9342]

Please don't stop making these videos!! It is so helpful!! Thank you so much!!!!

[@MaxwellCPAreview]

Thanks so much! There are many more videos to come!

[@tcollins8457]

Thank you so much! I am 55 years old and I received my bachelor's in 2022 and will Graduate with my Masters 2025. My goal is to become a CPA and after watching your videos, I know I can accomplish my goal. Great Content!

[@thistles]

From a 2021 grad taking my last section: you’re doing great thing by studying for the exam while getting your masters. Don’t wait to take the exam! Do it while it’s fresh in your mind, and it will be EASY. A few years later I’m constantly seeing things I know I used to know how to do!

[@auragomez6841]

Thank you your videos are more clear that other big tutorial, please keep doing this videos! God Bless you hard work!

[@TheGrim101]

Taking FAR in an hour thank you so much for this 😂🎉

[@kartikchoudhary9617]

Passes?

[@tonysyoutube542]

BRING BACK TUTORING!

[@MaxwellCPAreview]

Very soon!

[@michellehall6043]

Thank you so much!

[@JesseThompson-tb7qk]

Great job mr. Flippy

[@tcollins8457]

I have a question, Should I finish school before jumping into preparing for the CPA exam?

[@MathialaganGopalakrishnan]

Could you please explain CFS journal entries? Kind request from your subscriber 😊

[@MaxwellCPAreview]

Any particular ones?

[@lilfreezer1162]

Bro no way double declining Is that simple!! Becker made it a lot more complicated