Financial Accounting & Reporting is now just a memory. As usual, it was tough and unpredictable. It always snags you in a way you were not expecting. My first section was very difficult. I jotted down about a dozen questions to go back to review, if I had the time. Anyway, I did go back, but there not many cases where the light bulb went off in my head and the answer was obvious, but I tried my best. I spent one hour on my first testlet.
Then, testlet two was a cakewalk, which indicates to me that I must not have done well on testlet one (Jeff's note: it starts out on “medium” and stays on “medium” if you don't do well, so there is nothing to worry about here). I only went back and reviewed two questions in testlet two.
The questions were straightforward – a number of the questions were one sentence questions, so Im pretty sure testlet one didnt go well. I wrapped up testlet two in about 40 minutes, reviews included. Then, my third testlet was a bit tougher, but still not as tough as testlet one.
I went to the simulations with an 1:22 remaining, so I took my time. I worked through and thought I did well on 4 of the 7 “simlets”. On one of them, I just could not figure out what they wanted. The question was so poorly laid out, that I just guessed at what they wanted. It was a concept that I knew and could calculate without problem, but they simply didnt clearly state what they were looking for.
Lastly, the research tabs were so much more difficult and detailed than the Becker review questions. I dont think I got either one correct, Im hoping they are still low points, like they were in the past. At any rate, I was very comfortable with the four that I did answer completely, so well see how it goes.
If you ask me, my gut opinion is that I didnt pass, but who knows, I cant agonize over it. One thing is for sure, if I did not pass, it certainly was not for a lack of effort, I couldnt have physically put more hours into this exam. If I do need to retake the exam, I will try another vendor package, as I think Becker has gotten me as far as it is going to get me on FAR (no pun intended).
I thought it would be a good idea to get the family away after Ive been cooped up studying the last 3 months. I was planning on taking my older daughter for a ski lesson, but everything was packed due to the holiday week, so we all went snow tubing in the Poconos. What a great time. I think Ive gotten the best workout Ive had since I started studying for the CPA, pulling those girls up the hill and then pushing them down, over and over and over again. Then one the way home Sunday, my older daughter said, Daddy can we play when we get home or do you have to go study? It felt like the best thing in the world to say, Of course we can play anything you want when we get home.
Unfortunately, its short lived, as I have the BEC materials and will be starting this week. Ive going to start lightly, only a couple hours a night this week and well see how it goes. Im going to enjoy dinner with my family this week and study in the basement afterward.
Catch you all next week.