CPA Reviewed #57: CPA Exam Study Advice – 9/23/2014

 

 

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Podcast Giveaway: Ten Point Combo – Winner announced during the show.

“Ask Jeff” Questions (another71.com/ask-jeff):

Tom – I am 27 and have no real-life accounting experience and have been working as a temp at firm for about a year in a position that doesn’t deal with accounting and very little finance. I want to get my CPA but my accounting knowledge is very low at this point. What do you suggest I do at this point? Do I need to do something to get a base accounting foundation?

Link to Video (3:12)

Tony – I failed FAR with a 68, and I am starting to study again for the exam. Should I re-watch the lecture videos or just reread the book, rewrite notes, and practice test questions in the test bank?

Link to Video (2:14)

Amber – I am overwhelmed by all of the review courses out on the market to pass the CPA exam. I'm going to get the Ten Point Combo and it seems to come with a plethora of information. Is that all I need to study for the four sections or do I need to get another review above and beyond?

Link to Video (3:30)

Roman – I’m 10 days away from my first exam — Audit. How should I study during these final days? I have the Wiley book and test bank, NINJA Flashcards and NINJA Blitz.

Link to Video (1:45)

Patrick – I am struggling with FAR, especially journal entries. Do you think your Ten Point Combo will help me prepare?

Link to Video (1:20)

Mohamad – I am struggling with the CPA Exam. Should I try to get my CIA instead since it is easier and then go for my CPA later?

Link to Video (1:59)

Pam – I get very bored during lecture videos and find it hard to retain the information as I just listen to these guys talk for hours. Do you think supplementing my lectures with the NINJA Notes might be a good strategy? I’m wondering if this is a common way to study and if you know if it has worked for others.

Link to Video (2:15)

Mike – There are no homework questions with my review course, only multiple choice questions. With the NINJA method, do I just ignore the MCQs for now and keep taking notes and watching videos? I feel like I learn more from the lesson when I work the multiple choice after the lecture and reading the material.

Link to Video (1:41)

Yi – I passed REG in 2012, but now I need to pass it again. Is my review material from 2012 still relevant? Can I use an updated supplement instead of purchasing all new materials?

Link to Video (1:35)

Facebook Questions (facebook.com/another71):

Xubair – Is it possible to complete REG in two weeks, studying full time?

Link to Video (2:17)

Audrey – What are some tips on how much and what you should study the last two weeks before a test?

Link to Video (2:39)

Justin – I'm studying for BEC using the wiley book and online test bank and your audio and ninja notes. What is the best strategy/time allocation for reading and doing MCQ's?

Link to Video (1:48)

Justin D – Jeff, I've tried studying with another course (one that starts with a B) and I've had terrible results Gotta be honest, I'm feeling a bit down and defeated. It's my lifelong dream of becoming a CPA. Can you help? Thanks

Link to Video (2:54)

Gary – What is the true nature of a 1031 like-kind exchange?

Link to Video (2:14)

Forum Questions (another71.com/cpa-exam-forum):

AScott89 – Do you think it's possible to study for an AUD retake in eight weeks or less? I just started studying for my retake and I'm hoping to schedule it for the end of November. I work part-time and my schedule is always changing.

Link to Video (1:36)

golfball7773 How do you stay motivated after spending your whole summer on FAR to find out you pretty much bombed the test?

Link to Video (2:14)

Mjganier For AUD, what is the best method to get the management assertions (existence, valuation, etc) to stick? What are the specific keywords in the questions that will help identify the correct answer? These can be so tricky!

Link to Video (2:00)

Links:

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CPA Reviewed on iTunes

Free CPA Exam Resources:

CPA Exam Survival Guide
CPA Exam Study Planner

 

 


 
 

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5 comments

Will 7 years ago

Dude, The first 10 minutes was a total waste. I can understand some rambling to be personable, but 10 minutes is way too much. You will lose so many potential ninjas. just sayin......

Samantha 7 years ago

Thanks for this. I got a lot out of it. There may have been an audio glitch in one part of it? Unfortunately I was looking down and only listening. I thought it was done and then the tweet part started up. Thanks for all the tips!

Jeff - another71.com 7 years ago

Was it 10 min? Time got away from me I guess...sorry :) Normally I jump into it with 3 min.

Jeff - another71.com 7 years ago

You're welcome Samantha!

How to get Accounting Job Experience (Entry Level) | Another71.com 2 years ago

[…] https://www.another71.com/cpa-reviewed-57 I am 27 and have no real-life accounting experience and have been working as a temp at firm for about a year in a position that doesn’t deal with accounting and very little finance. I want to get my CPA but my accounting knowledge is very low at this point. What do you suggest I do at this point? Do I need to do something to get a base accounting foundation? […]