Jay’s CPA Exam Study Report: Week 40

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 40

Hello all. I’ve got another week under the belt and have made it through a good part of Becker’s Chapter 4 on Partnerships, Estates, Trusts & Gifts. I’m happy to see Peter Olinto half way through the chapter, because that means I’m into the non-tax related part of this material, which is a sigh of relief for me.

I spent 17 hours studying last week, less than planned, but made some good progress with Partnerships. My weekday studying has been light, but I am actually going to start getting to work earlier, so I can log at least 1-2 hours of studying from the office during the day.

This will help me meet my daily goal of 3-4 hours, because I’ve barely been able to get 2.5 hours an evening with the combination of later work nights and shorter library hours. I’m afraid this will be the only way to make up the time.

Listen, the company isn’t losing out, anytime I currently spend reading at work is during a lunch break and this additional time will be before the day starts for most employees, so I don’t expect this to be an issue for my boss or my peers.

The problem is, I get caught up doing various things at lunch and haven’t been disciplined about using the hour to study each day. This is where I need to increase my discipline and make it happen or else I’ll be studying for REG again during Q4’11.

This is going to sound ridiculous coming from someone that has been slacking and falling short of target study time for the past month, but I am increasing my study target to 24-25 hours per week to pick up the slack. If I can be disciplined about the 2 hours per day at work plus another 3 days of evening studying, I should be able to log a good 15-16 hours during the week plus my 10 hours on weekends.

I know it’s a stretch, but the countdown has started, 36 days remaining until D-Day. The plan for this week is to finish chapter 4 and make meaningful headway into Chapter 5 (Contracts, Sales & Employer Law).

One last comment for the week, these people on Capitol Hill are really ridiculous, playing chicken with each other and leaving our economy in the balance. I wish they would all grow up and do something for the greater good of our country, instead of always politicking. Sorry to vent, but I’m sure I’m not the only one that’s frustrated by this stuff. Good luck studying to all.

Jay. O

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