Power Outage, AUD Experience, and BEC Plan

17 Oct 2012


Patrick is a weekly NINJA CPA Blogger.

So my honey-do list grew by one this morning. We lost power to one of our two circuits on the boat, leaving us with just one outlet for the fridge and toaster oven, and one for the laptop, heating water, ironing, charging phones, cooking, wireless, heat etc.

We’ve decided to plug in both laptops this morning and forgo heat. I had better get this fixed before I leave for Germany next week. The photo is of my kids in front of their new home, which I towed here from Vancouver.

AUD came and went. There were very few surprises from the Wiley material, but I still felt unsure about many of my answers; they didn’t jump out at me. I relied a lot on elimination, logic, and past experience to arrive at what I hope were correct answers.

I felt pretty good about the sims and the research material was a great help. If I had to do it over, I would have allocated a bit more time to preparing quality notes. I think I scored in the 70 to 80 range.

But I’m moving on. I started working BEC last night – Governance. The questions were surprisingly easy. I’ve been looking forward to BEC as I think the knowledge will be useful, professionally.

I’m especially looking forward to the Financial Management and Economic Concepts portions; topics that I really enjoyed as an MBA student. I’d like to complete this by the end of November.

I’ve decided to take a risk and just rely on the NINJA Notes, Wiley Book, and test bank (that I already have) – no lectures. I’ve read several discussions on this topic and I think I’m up to the challenge.

I think the extra time can be spent preparing and reviewing notes. The monetary savings, on the other hand, is a tough one. Perhaps a new jib sail or a Magma grill for barbequing outside. That’s assuming the Admiral buys off on it.