Subject: Seeking Guidance for SBR Preparation
Hi everyone,
I’m planning to take the SBR exam in June and have just started the Kaplan class for it on weekends. While I feel I understand the material covered in class, I recently reviewed the ‘test what you should already know’ sections, which focus on basic FR modules, and my performance was only average (perhaps even below). This has me a bit worried, especially since I studied FR in university about five years ago and have forgotten quite a bit.
With 2.5 months left until the exam, I would really appreciate any advice or strategies from those who have been in a similar situation. Thank you in advance for your help!
One response
Hi there!
It’s completely normal to feel a bit overwhelmed as you prepare for SBR, especially if it’s been a while since you last studied FR. Here are a few tips that might help you get back on track:
Review the Basics: Since you mentioned you’re doing average in the FR review, take some time to go back to the core concepts and principles. Resources like study guides or refresher courses can be really helpful for reinforcing your foundational knowledge.
Practice, Practice, Practice: Work through past papers and practice questions. This will not only help you apply what you’ve been reviewing but will also familiarize you with the exam format. Pay attention to any recurring themes or question types.
Study Plan: Create a study schedule that allocates time for both SBR material and revisiting FR concepts. Break your study sessions into manageable chunks and mix up topics to keep things interesting.
Join Study Groups: If you can, connect with fellow students or find a study group online. Sometimes discussing topics with others can reinforce your understanding and fill in any gaps in your knowledge.
Focus on Application: Make sure to understand how FR principles apply in the context of SBR. This includes recognizing how previous knowledge is relevant to current SBR topics, especially in areas like consolidation or Accounting for different types of entities.
Ask for Help: If you’re struggling with specific concepts, don’t hesitate to reach out to your tutor or instructors. They can provide additional resources or clarification on topics you find challenging.
Remember, 2.5 months is a good amount of time to make significant progress. Stay positive and consistent with your studies, and you’ll likely see improvement as you go. Good luck with your preparations—you’ve got this!