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I have studied everything there is to study in FAR (except derivatives, which I just will not do- don’t ask), I have gone over every major topic twice. I have two giant poster boards with all my important notes and j/e, I have always been great at journal entries and t accounts, so I just can remember many topics because of that alone. My exam is tomorrow and I am watching some important NINJA plus lectures on topics I can’t seem to remember 100%, I have never studied so hard in my life.
For the last 2 weeks I have studied 7-8 a day 7 days a week (and this last week I have stayed home, kicked everyone out my house and didn’t move for up to 8 hours straight- break to eat only). Every single topic makes sense to me, and I am not confused about anything, BUT I still feel like I don’t know a damn thing. I am getting MCQ’s wrong because I forget to add one number, or I am forgetting which rate to use because I can’t remember the rules like “use implicit rate if known and if lower than borrower’s incremental rate” I can remember it now, but during the exam I think I am going to tell myself “if higher or lower, shit which is it” and then I’ll freak out because not knowing that simple damn rule can change everything. This applies to all the small rules I can’t seem to retain.. Am I just not smart enough for this?
When I take a practice exam or quiz on random topics, I forget which topic I am being asked about, I have anxiety when the question is too long, and I feel like the last 1.5 months was for nothing because I don’t know shit when it comes actually down to it.
I feel like if they just sat down and had a chat with me and asked me everything I know about GAAP, accrual, and financial statements, they would pass me in a minute, BUT for some reason I get so tripped up with multiple choice questions, I always think they are messing with me and even when I think I have the answer I assume they are messing with me and try to find some loop hole when there isn’t one.
I don’t have question here, but I think I’m losing my mind. My friends think I’m actually going crazy.. I think so too.
Have a great day. :/
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