Jay’s CPA Exam Study Report: Week 30

Jay is a weekly columnist as a Club 75 Blogger, where he documents his journey through the CPA Exam. He has been a member of Club 75 since April 2010.
Week 30:
My daughter’s 4th birthday this weekend was awesome! It went off without a snag and everyone had a blast, most importantly the Birthday Girl. As expected though, there was no studying on Saturday. My day started at 7:15am on Saturday and was go-go-go until 9pm. I had a passing thought of going to the library at 9pm, but decided against it, as I was exhausted and it wouldn’t have been time well spent.
Instead, I got a good night sleep, so I could make a strong push on Sunday. It worked, I logged 8 ¼ hours Sunday, went to church with my family and had a nice Mother’s Day breakfast.
I made good study progress this week, logging 23 hours. I finished up the Chapter on Economics and all the MCQ’s. I did pretty well on the Economics MCQ’s, it is one of my stronger areas. I also got into Financial Management, which is going pretty well thus far. During the week I also made it a point to print out the Executive Summary on Enterprise Risk Management and Internal Control from the COSO website for a more detailed review of this material (thanks Jennifer). Corporate Governance does make up 16%-20% of the exam, so I think this additional step is certainly worth the effort and would recommend it to anyone studying for BEC.
For the coming week I plan to re-read through and re-work all MCQ’s on Financial Management, which is one of the most heavily weighted sections of the exam with 19%-23% of the overall material. After I complete that section, I will begin on Strategic Planning. I am now 11 days away from the BEC exam, so will need to get through these chapters quickly, so that I may begin doing practice exams to work on my speed. I will try to log up to 30 hours this week, as we are quickly approaching D-Day.
By the way, I did pull a great one out of my sleeve for Mother’s Day, but will spare you all the sappy details. Let’s just say that it bought a tear to my wife’s eye, she absolutely loved it. Happy Mother’s Day and best of luck to all!
CPA Exam Study Plan and Progress Tracker
As a former CPA Exam candidate, I understand how hard it is to balance work, family life, and the CPA Exam.
I studied for the Exam with three kids.
In addition, I think I have a good feel for the amount of time it takes for each exam and how many weeks it takes to fit it all in.
I have developed a CPA Exam study plan that is customizable according to your schedule.
If you’re not a morning person, you can adjust the sheet and make up for it elsewhere. If weekends are not an option, you can change that too and the sheet will adjust.
I have also allocated one “night off” each weeknight into the plan.
These plans are realistic and represent what it truly takes to pass the Exam – BUT STILL HAVE A LIFE.
Also – if you only have 3 weeks to do a full study program for your section, you can adjust the plan.
It includes a morning, lunch, evening, and weekend study option.
If studying at lunch isn’t feasible, allocate those hours to the evening – or the weekends, wherever they will fit.
Also, each section comes with a topical checklist that allows you to chart your progress for each topic using the Video/Notes/MCQ methodology that I recommend.
This is the study method that I had success with.
Each section is $2.95, or you can buy the complete set for $7.95.
These CPA Exam study plans are now a Club 75 member benefit and people really like them.
To Your Success,
-Jeff
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