Podcast Giveaway: Ten Point Combo – Winner announced during the show.
“Ask Jeff” Questions (another71.com/ask-jeff):
Tom - I am 27 and have no real-life accounting experience and have been working as a temp at firm for about a year in a position that doesn’t deal with accounting and very little finance. I want to get my CPA but my accounting knowledge is very low at this point. What do you suggest I do at this point? Do I need to do something to get a base accounting foundation?
Tony - I failed FAR with a 68, and I am starting to study again for the exam. Should I re-watch the lecture videos or just reread the book, rewrite notes, and practice test questions in the test bank?
Amber - I am overwhelmed by all of the review courses out on the market to pass the CPA exam. I’m going to get the Ten Point Combo and it seems to come with a plethora of information. Is that all I need to study for the four sections or do I need to get another review above and beyond?
Roman – I’m 10 days away from my first exam — Audit. How should I study during these final days? I have the Wiley book and test bank, NINJA Flashcards and NINJA Blitz.
Patrick - I am struggling with FAR, especially journal entries. Do you think your Ten Point Combo will help me prepare?
Mohamad - I am struggling with the CPA Exam. Should I try to get my CIA instead since it is easier and then go for my CPA later?
Pam - I get very bored during lecture videos and find it hard to retain the information as I just listen to these guys talk for hours. Do you think supplementing my lectures with the NINJA Notes might be a good strategy? I’m wondering if this is a common way to study and if you know if it has worked for others.
Mike - There are no homework questions with my review course, only multiple choice questions. With the NINJA method, do I just ignore the MCQs for now and keep taking notes and watching videos? I feel like I learn more from the lesson when I work the multiple choice after the lecture and reading the material.
Yi - I passed REG in 2012, but now I need to pass it again. Is my review material from 2012 still relevant? Can I use an updated supplement instead of purchasing all new materials?
Facebook Questions (facebook.com/another71):
Xubair – Is it possible to complete REG in two weeks, studying full time?
Audrey – What are some tips on how much and what you should study the last two weeks before a test?
Justin - I’m studying for BEC using the wiley book and online test bank and your audio and ninja notes. What is the best strategy/time allocation for reading and doing MCQ’s?
Justin D – Jeff, I’ve tried studying with another course (one that starts with a B) and I’ve had terrible results Gotta be honest, I’m feeling a bit down and defeated. It’s my lifelong dream of becoming a CPA. Can you help? Thanks
Gary - What is the true nature of a 1031 like-kind exchange?
Forum Questions (another71.com/cpa-exam-forum):
AScott89 - Do you think it’s possible to study for an AUD retake in eight weeks or less? I just started studying for my retake and I’m hoping to schedule it for the end of November. I work part-time and my schedule is always changing.
golfball7773 How do you stay motivated after spending your whole summer on FAR to find out you pretty much bombed the test?
Mjganier For AUD, what is the best method to get the management assertions (existence, valuation, etc) to stick? What are the specific keywords in the questions that will help identify the correct answer? These can be so tricky!