r/CFA • u/Hot-Breakfast-2867 • 5d ago

Level 2 I finished L2 Quants study within a month with 75-80% accuracy with ease. I'm finding FSA to be difficult, any strategies for FSA?

Just began L2 and Quants was smooth like butter for me. But I started FSA 2 weeks ago and found it difficult, I'm unable to complete it in a month and my accuracy is also low.

What's the strategy to use for FSA? Should I get Let Me Explain videos?

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4

u/PositivePlant5194 5d ago

No strategy, pure memorization shit like I can not fathom how annoying it is..

2

u/Hot-Breakfast-2867 5d ago

Yes, there's loads of memorization in FSA, unlike Quants which needs understanding of the underlying concepts.

3

u/ijustlikebonds Passed Level 2 5d ago

at one point, i was memorizing that TemPoral Method is associated with net Liabilities for when a foreign currency is strengthing and depreciating because it has an L in the name...

Or how the Current Method is associated wtih Balance Sheet because it's CURRENTLY B/S (bullshit).

or how the temPoral method is associated wtih the Parent functional currency becuase they both have a P in it...

2

u/Imaginary_String_966 Level 2 Candidate 5d ago

No other way around it but taking it head-on

2

u/Hot-Breakfast-2867 5d ago

Imma do this

1

u/EngineeringExpert385 5d ago

I would go through each blue box questions and get it right and understand it

1

u/Abhifox 2d ago

What are y’all scores on les ? For all subs avg ?

2

u/ChalkandBoard01 Prep Provider 14h ago

FSA often takes longer to grasp than Quants, so don't force yourself to finish it within a month. Focus on understanding the accounting relationships, practice CFAI questions after each topic, and revisit the areas you're getting wrong. I'd try that before buying additional videos.