The Big Day Looms

July 27, 2009 in CPA Exam | Comments (5)

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Well, one more day to go before I take the FAR section of the CPA exam. I should be doing hours and hours of last minute studying, because there is a lot of material I haven’t covered yet, but I’m just all out of motivation.

I’ve never been good at convincing myself studying at the last minute will do any good, which is why I started studying 10 weeks ago. I passed the 90-hour mark this weekend, so if I had studied 3-4 hours a day every day, I could have studied the same amount in a month or less. But that’s just not how I work.

So, I spent Thursday-Saturday making note cards, and now I am reviewing them. It takes a long time to go through the whole stack! (But it’s a more effective way of really learning the stuff than just reading and re-reading it.)

I also took the day off work tomorrow so I can sleep in. That way, I won’t be too sleep deprived if I have trouble sleeping the night before the test. A big part of my CPA review study strategy is being well-rested! (Helps your recall!)

There are a few areas I haven’t reviewed too much that are worrying me: Pensions, Deferred Taxes, and Derivatives. I think I’ll be fine on pensions and deferred taxes, since I learned those in school. I just haven’t looked at them in a couple of weeks. I re-studied the Derviative section of my Roger CPA Review book, but I think I’ll have to do a few practice problems to really remind myself how to do them!

However, right now I’m focusing on something simple: Ratios. Ratios are one of those things I was never tested on at school, but showed up in a lot of my FAR practice questions. The great thing about ratios is that you can memorize them in about 5 minutes, and they can help you answer an entire question. With something like pensions, you could spend 2 hours studying it, and only half-understand it, and therefore not be able to answer the questions anyway. I like to get the easy points first!

Related posts:

  1. Progress Report: Week 4
  2. Progress Report: Week 5
  3. My General CPA Study Strategy

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5 Responses to “The Big Day Looms”

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  1. Comment by LYFJuly 27, 2009 at 10:52 pm   Reply

    Good luck!

  2. Comment by MonicaJuly 28, 2009 at 11:46 am   Reply

    GOOD LUCK! You’ll nail it. Happy visualizations. Deep breathing. All will be well.

  3. Comment by MattyJuly 28, 2009 at 4:13 pm   Reply

    Good Luck!

  4. Comment by Tomasita — August 5, 2009 at 6:39 pm   Reply

    how do you think you did?

    • Comment by kelkelAugust 5, 2009 at 9:27 pm   Reply

      Very unsure. I didn’t feel like the questions got any more difficult as I went on, which is kind of a bad sign, because if you do well on the first questions, you’ll get harder and harder ones to answer. Then again, they also didn’t seem to get easier. I really have no idea how I did, so I will just have to wait and see!

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