April 7, 2019 at 1:08 pm #2312274
I'm using Surgent and am supplementing with Ninja. I have gone through pretty much all of the lectures and made a TON of notes as I went. I've done MCQs off and on and am now doing a review of my notes and I always feel like I have a concept down and then I start doing more MCQs and I'll run across some off the wall 200 word problem that I'm like WTH (what the heck) and don't have a clue on it.
Kind of discouraging. Anyone else run into that?
I'm 28 days out from FAR and I guess just keep plugging away at MCQs. I have a gut feeling that there will be a lot on the test regarding Leases, Revenue Recognition, and the new Investments changes ASC 321….
Just wondered how everyone else feels? When I do the MCQ I just feel like a total moron. So much to try and remember.
Hope everyone else is doing well!!April 7, 2019 at 1:45 pm #2312361
What you are going through with MCQs is normal. I recall after getting through the material, getting anywhere from 2-5 questions correct out of 10. I've been there where MCQs get so discouraging to the point of not wanting to study anymore. It is important to view MCQs as a learning tool. They provide 4 opportunities to learn. Why that one answer is correct, and the other 3 are incorrect. Take notes as you do MCQs. Get a question wrong, take notes. Guessed and got it right, take notes. This phase of studying for your exam is when it all starts to come together as your hone in on these concepts. Just keep hammering away at them! You can do this!April 7, 2019 at 6:20 pm #2313003
I'm using Surgent, and got 71 on FAR last quarter. Now 7 days away from retaking it, I feel the same way. Too many things to remember, and the wordings to understand actually what the question is asking is so tough. Surprisingly, I did not see that many questions from Leases, Bonds, or Revenue Recognition, so I am focusing more on governmental and NPFs this time.April 7, 2019 at 7:03 pm #2313075
Thank you both! Appreciate the responses. I should have done this 20 years ago but, I changed careers from banking to auditing and went into internal auditing; so figured I would never need that CPA credential. Now, looking at moving into a position at my work and they prefer that I have it in addition to my CIA, MBA, BS Accounting, BBA Finance. At my age, my memory retention isn't what it was back then. Motivation is sometimes lacking too because I just want to come home after working all day and veg.
At least life isn't boring? 🙂
Taking your advice and cranking questions now and writing down the ones I miss and why…. hopefully that will help those stick.
Good luck to both of you as well! If it wasn't hard, everyone would be a CPA, right? 🙂 You both got this!April 7, 2019 at 7:39 pm #2313150
It doesnt help they curve the test so that only so many passApril 8, 2019 at 1:21 am #2314020
Per the AICPA, the exam is NOT curved. That the % who pass fluctuates wildly from quarter to quarter and year to year, supports their claim.April 8, 2019 at 5:03 am #2314290
That's the name of the game. You start out getting a bunch wrong, study, get less wrong, study more, get even less wrong, etc.
You have a month until your exam, which is plenty of time if you've already made it through all the material and are now in review phase. Just hang in there and work on it every day. Let the analytical reports in Ninja (maybe surgent has some also) tell you where you are weakest and study those topics like hell. Also don't neglect Sims. You don't have to do them all but work on a few of them just to get a feel for the kinds of situations the exam can present you with.April 11, 2019 at 7:28 pm #2323362
Thanks for the encouragement Jimmy! Taking the test on May 4th (I hope the fourth is with me!) and then my wife and I are going to take a 4 day break to Orlando (we're huge walt disney world geeks) and we're celebrating our 30th wedding anniversary. So, pass or fail on this, it'll be good to have it off my mind for a bit.April 11, 2019 at 8:54 pm #2323629
Very cool, hope you have a great time!
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