Wednesday, May 11, 2011

I'm Back with Another FAR Update

Well, I’m back with another FAR update. Well lets see , first things first, I will be taking FAR on 7/17 and not 5/31. I just don’t feel ready. I want to pass on my first take and I don’t want to rush through studying. My brain and my sanity is thanking me. I’m continuing to study atleast 3-4 hours a day on weekdays and 5-6 hours on weekends.

I’m excited about new opportunities that have come my way. I can’t wait until the exam is over so that I can finally get started with my life (sounds crazy but that’s how I feel).

In other news, I’m flip flopping between Becker and Yaeger. I will just say that I’m glad I have both. Where Yaeger falls short Becker fills it in nicely.

Other than that I’m still on my CPA grind and I have not lost motivation. I will say that I’m happy that I’m not killing myself to cram all of FAR in so soon. I do believe that you shouldn’t prolong your studying for too long, however FAR in 6 weeks for me was unrealistic.

Monday, May 2, 2011

These Next Two Weeks

These next two weeks to say the least will be intense. I will studying until I can't take it anymore. I already told my co-worker I won't be enjoying lunch time gossip or shopping. It's strictly FAR. I won't be tweeting while I study. And I will be drilling FAR in hard. I will leave a day a half to get some much needed fun time in though on May 20-21 with a friend...you know who you are...lol (stay tuned for pics and details..) but I will still be studying that weekend also.

I WILL be done with FAR studying by May 18th. That gives me 13 days to review. Which in my opinion is enough time to cram it all in. I plan on blogging a bit more frequently just to hold myself accountable. Even if its really quick its something to track my progress.

As long as I continue to do cumulative reviews I feel confident. I did a cumulative review tonight and although I have areas to work on, I actually retained and understood more that what I thought I did (never underestimate yourself!!!!!!)

I also have to do two TBS days. I mean FULL TBS DAYS! These FAR sims are pretty nasty...LOL. But nothing I can't beat.

So that's my FAR plan. After this is Audit (which by the way I will be starting my review on June 6th ) and then hopefully I will be D-O-N-E.... I can feel it!

What's your study plan?

IFRS Certification Yay Or Nay??


I was online today printing up the CSO's for FAR today and I noticed this link here. The AICPA is offering a certification in IFRS. Initially when I read it I thought it would be interesting to look into (of course after I pass my last part) but then I saw the price $1,695 O_0. My eyes jumped out my head.

I will have to consider the benefits later, because right now based on price that's not even an option.

Do you think you will be getting IFRS certified? I may, but definitely not now.

Saturday, April 23, 2011

FAR Update

FAR is coming along. I finally made it out of Module 9 (yayy...does back flips). Can I just say that once you get through that module you deserve a round of applause. That module is sooooooo long.....OMG!!

I'm currently half way through Module 11 and I will be finishing that tonight. I'm also going to answer the Yaeger minimum questions and break into Module 12.

Tomorrow I will finish Module 12 and then review modules 9-12.

I looked at my calendar today and I realized that if I keep up my pace I will be done by May 18th. This will give me 13 days to review. I think this will be a sufficient amount of time to review all of the Modules. As long as I continually review prior modules (on Sunday's) I will be fine.

I'm realizing that yes FAR is difficult, but its difficult because its so much information. The way Cindy Simpson breaks things down makes it so understandable. Some people say that their lectures are too long, however if I take killer notes and fully grasp the concept before I move on, I get through the MCQ's pretty well.

Another concern I had was that the minimum assigned questions were not enough. I see now that they are. You just have to really know all the ways that the AICPA could ask you questions. If you master that then you know the concept. There are but so many ways that they can ask you about a topic.

Well that's my update. Time to rest for these next few hours because I have to do round two tonight.

Study Tip 4- FInd Your Time

I haven't done a study tip in a while. Partly because I post study tips as I find out what is helping me. Recently I noticed that I study better at night. I get so much covered between the hours of 5pm and 2am. Yes I know, crazy hours. I believe the reason is because while I'm studying everyone is sleeping. My neighbors aren't annoying me with the day time shennanigans. My friends aren't texting me about random things and the significant other isn't up watching basketball and yelling at the TV.

During the day I can still have some sort of a life and watch some of the shows that I enjoy. While I'm studying I'm not tempted to turn on the TV because I've already removed the temptation.

Everyone is different and you have to find what works for you. I'm currently enjoying my free time but in about five hours I will be submitting myself to the dungeon for the next eight hours. Works for me.

Saturday, April 16, 2011

FAR so far


Well the title to this post has two meanings.

It means my progress currently and it also means that the road to finishing up FAR by May 31st looks so far away. I've only watched 7 hours of Yaeger videos and I have 44 more to go. Now that definitely seems doable in 6 weeks right. Well considering the fact that it takes more than one hour to get through one hour of video lets turn 44 hours into somewhere near around 68 hours. I normally pause the video on areas that I need to think about and I take notes in between.

I also need to answer questions not to mention there is a slim chance that I would feel comfortable with taking the exam without CRAM videos.

FAR is the beast. I haven't even made it to the really tough areas and I'm feeling the pressure.

I feel like I need to get back to accounting basics so that will take up some more of my time while I look through my old accounting books.

So now that I've had my break I have to get back to my lectures and keep working hard until I'm a CPA.

Saturday, April 9, 2011

BEC Recap and Moving Right Along

Well BEC was today.

It wasn't horrible but there were some tricky questions. It did seem that the questions were getting harder but I will say that I had a nice amount of theory questions.

I have no choice but to wait until June to hear my fate. Until then FAR bootcamp begins tomorrow.

I have Becker class in the morning. I have to really be on schedule for this one. No room to slack. After REG I was planning on having my Sunday's to study all day but since getting my REG grade back I decided to give the live classes a shot.

I'm already thinking about if I should get the Cram for FAR. Actually let me rephrase that, I know I'm getting the Cram I just have to determine which provider. I've already decided hands down that I will be getting the Roger Cram for audit but for FAR I'm not sure yet. Any ideas or preferences?
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