Jay’s CPA Exam Study Report: Week 30

09 May 2011

Club 75 Candidate Bloggers

By Jay-O

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 30:

My daughter’s 4th birthday this weekend was awesome! It went off without a snag and everyone had a blast, most importantly the Birthday Girl. As expected though, there was no studying on Saturday. My day started at 7:15am on Saturday and was go-go-go until 9pm. I had a passing thought of going to the library at 9pm, but decided against it, as I was exhausted and it wouldn’t have been time well spent.

Instead, I got a good night sleep, so I could make a strong push on Sunday. It worked, I logged 8 ¼ hours Sunday, went to church with my family and had a nice Mother’s Day breakfast.

I made good study progress this week, logging 23 hours. I finished up the Chapter on Economics and all the MCQ’s. I did pretty well on the Economics MCQ’s, it is one of my stronger areas. I also got into Financial Management, which is going pretty well thus far. During the week I also made it a point to print out the Executive Summary on Enterprise Risk Management and Internal Control from the COSO website for a more detailed review of this material (thanks Jennifer). Corporate Governance does make up 16%-20% of the exam, so I think this additional step is certainly worth the effort and would recommend it to anyone studying for BEC.

For the coming week I plan to re-read through and re-work all MCQ’s on Financial Management, which is one of the most heavily weighted sections of the exam with 19%-23% of the overall material. After I complete that section, I will begin on Strategic Planning. I am now 11 days away from the BEC exam, so will need to get through these chapters quickly, so that I may begin doing practice exams to work on my speed. I will try to log up to 30 hours this week, as we are quickly approaching D-Day.

By the way, I did pull a great one out of my sleeve for Mother’s Day, but will spare you all the sappy details. Let’s just say that it bought a tear to my wife’s eye, she absolutely loved it. Happy Mother’s Day and best of luck to all!

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Seaver 13 years ago

Hey Jay, Did you purchase the COSO Frameworks on internal control and enterprise risk management? I appreciate the advice, I'm taking BEC for the first time and want to be prepared for this part of the exam. Thanks! Seaver