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I need to talk to other exam candidates about this because I can’t talk to my fiance or parents anymore. Even my best friend, who is in her final year of law school, just can’t really help. No one at my work is even my age, let alone interested in the CPA Exam or a candidate. I feel totally alone and without a network of people to talk about this to. I plead for help.
TL;DR – I have failed 3 sections 4 times (REG, BEC, and AUD) and am 100% discouraged from continuing. I don’t know what to do, how to change studying, or how I can fit more time in my schedule. Please please please help.
Sometime last summer/fall I started by studying for REG (the timeline is fuzzy because I had to take another stupid easy course to fill out the last semester hour of education). I used Kaplan – got it for free because I was their on-campus representative – and followed their study calendar. Read the chapters, watched the videos, did T/F and MCQ. I wasn’t sure what to expect, it was my first section, and I didn’t quite finish the material. Took the exam on 2/22/14 and got a 71.
I was already a week into studying for BEC, but I did some research (that’s actually how I found this website) that said since my score was so close to passing I should retake it ASAP while the knowledge was still “fresh” in my mind. I pushed back my BEC and AUD exams (which I’d already scheduled), and retook the REG exam on 4/3/14. I tried reviewing my notes, finishing the materials, and re-writing the CRAM notes in the back of the book. This probably wasn’t a good idea, as I got a 67.
On to BEC, since I’d already had the NTS. Still using Kaplan, I was afraid this was going to be my hardest exam because I am NOT good at cost accounting. Same study pattern. I finished the material, but didn’t have too much time to spare. I took that on 5/24/14 and got a 72.
I started to flip out at this point, and that’s when I bought the NINJA materials. I figured another source couldn’t hurt, and I was running out of time in my Kaplan software. Having never seen it before, I added it into my regular Kaplan routine until, about 2 weeks out, I realized NINJA notes had exactly the same thing as my Kaplan book only in a more concise and less confusing way (and SHORTER!). I ditched my Kaplan book and rewrote the NINJA notes, skipping the videos unless I needed clarification on a topic, and did about 400 MCQs. My average score was a 79%. I know I could have done more, but I came to this realization late and have a quirk about MCQs (more on that later). Took the AUD exam on 8/23/14 and got another 72.
My goal was to finish this exam within the year. Obviously that’s not happening. At some point I had convinced myself I was going to pass and applied for a Masters of Forensic Accounting program that starts in January. I got in right after I got my 2nd REG scores back. It’s a small program and only starts once a year so I feel pretty locked into it. Add in my full time job and my upcoming wedding and I pretty much feel like a crazy person.
My fiance thinks I need to put the CPA exam on hold and focus on the master’s program. I am wondering if I should reconsider my entire career path. I can’t tell what I’m doing wrong, and I so tired of telling people that I didn’t pass.
Full disclosure here – I never really learned how to study. At some point in my Junior/Senior year of high school one of my AP teachers taught me how to take notes out of the book, but that’s really as far as my studying has ever gone. I have a quirk about flashcards and MCQ study guides – if I review them too much I memorize the questions instead of learning the material. It becomes rote instead of analytical, and the photographic memory tendencies don’t help for the CPA exam since the wording is always so tricky.
I feel like I should quit, or even quit my job to study, and I need some advice from other people in this situation. How many of you who failed and failed finally passed? How long did it take? What changes helped you get through it? What made you feel better about tossing away all the money for each section? I really don’t know where to go from here 🙁
Exam:I'm done 🙂 🙂 🙂
REG - 71 (2/22/14); 67 (4/3/14); 74 (8/29/15); 83 (2/29/16)!!!
BEC - 72 (5/24/14); 85 (1/3/15)!!!!
AUD - 72 (8/23/14); 76 (10/15/14)!!!
FAR - 77 (5/26/15)!!!Started in 2013 using Kaplan and failed REG, REG, BEC, AUD. Switched to NINJA suite in Sept 2014 and passed AUD...then BEC...then FAR!
REG took 2 tries but I finally got it in too!
I'm a hard convert - Using NINJA method with NINJA video/book/notes/MCQEducation: Check
Experience: 3 months left! I hit 4 years on May 30 🙂
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