When it comes to audit or tax, accountants usually prefer one area over the other. I have yet to meet someone who enjoys them both equally.
As much as one can enjoy studying for the CPA exam, I can honestly say that I liked FAR and AUD, over REG. But I need this foundation in tax and law, so Im diligently practicing MCQs, reviewing notes, and listening to the REG NINJA Audio.
I find that Im drawing out a lot of items, such as timelines to figure out which creditor has priority, and tables to keep the tax rules straight. Im using a lot of scratch paper, but I think all the NINJAs understand how many pads of paper you go through while studying for the CPA exam.
Someone once told me that, I should know this stuff by now, when I was studying for FAR and I realize that a lot of us have heard this at one time or another in our CPA journey. However, even if I think I know it, theres always something new to learn, some nuance to pick up.
As a (hopefully) future CPA, I am always going to be learning. After all, those CPE hours arent going to complete themselves!
So even as I sit here, drilling through the lectures, MCQs, and notes, I understand that the learning process never ends. Im just in an intense phase with the CPA exam and graduate school.
Once the CPA exam sections are done, I can take it slower. But for now, I need to keep concentrating and learning, like Angie, JoMarie and Kricket!