Matt is a weekly Club 75 Blogger as he documents his journey through the CPA Exam. He has been a member of Another71.com's Club 75 since April 2010.
What better way to spend these hot sunny days than inside glued to a book getting through countless lectures and working hundreds of multiple choice questions?
I bet you thought I was going to say laying at the pool working on your tan. There will be plenty of time for those activities when youve got the letters CPA behind your name.
First off I wanted to say thank you for the outpouring of support and well wishes in my initial blog. Many of you left messages with questions. While Im not able to write back to each one, I have included my own entry in the comments section with answers to all questions posed.
Ive got a big week on my hands here. This is the first of my remaining two exams as Ill be taking Regulation on Friday. Having worked in tax for almost 6 years and already passed this section of the exam twice, you would think I would be pretty calm and confident going into this exam. Actually, I think the reverse is true, and there is more anxiety.
Why, you ask? Well, who wants to be the tax accountant teetering on a promotion and cant pass the section of the exam which is his own specialty? Getting through the material I can say that Im definitely confident with the tax portion of the exam (Individuals, Corporations, Partnerships, Estates, etc ), and the business law and Federal securities portion cause me a few more headaches. I will thoroughly get through each and every section.
I can honestly say that Ive truly stuck to a plan this time. Ive been through all of the Roger CPA Review lectures and actually watched them cover to cover. If you havent seen one of Rogers lectures, Id highly suggest that you take the opportunity to check him out.
These are the first lectures where I dont feel bored, and Ive actually found myself using some of the mnemonic aids which have been taught in class. CIRSJ (C the IRS jack you out of your money) to PIG FAT to I CANNOT stand you are some of my favorites. You know you are starting to understand the concepts when you find yourself at the gym in the middle of a workout repeating these in your head.
Ive got 2 long days to get a review of my notes done, do countless multiple choice questions and mentally prepare myself for Fridays exam. With the return of the NFL taking place this week, Im going to leave you with one example which Im also going to follow this week.
The week of the exam is similar to 4th and goal from the 4 yard line, you have 10 seconds left on the clock and your team is down by 5. The team is giving you the ball and you have to score to win the game or the season is over. This is your time to shine and youre more prepared than youve ever been. Now its your time to shine and all you have to do is make it happen.
I see this as similar to the test. Youve done all the Roger CPA lectures, and youve reviewed your notes and worked tons of multiple choice questions. The examiners are giving you the test. You are prepared, and your test day is your time to shine.
Stay cool and study hard and look for another entry from me after the exam.