Posted: 02 Apr 2009 at 00:03 | IP Logged
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First, if the AICPA says 60 hrs is the recommended time, I think they're in lala land. I highly doubt 60 hrs is enough to master the material. When you get to the cost accounting and budgeting and planning chapters they're going to stump you, unless you're a CMA already.
As for my study plan...here's what I did.
I used Gleim, took a practice exam to determine by base knowledge. Read the chapter, took the questions at the midpoints and end of the chapter, then moved onto the next chapter.
I did that until I did all 20 chapters in BEC. Then I went through the software and sorted out only past CPA questions and drilled them non-stop. If I had difficult sections, I would review them in the chapters but I found Gleim to be a bit lacking in their material so I had to refer to my old textbooks. Fortunately, I still have my textbooks so it wasn't too bad.
Do I think my plan worked? Honestly, I don't know. I'll let you know when I get my score. Based on my experience from the exam however, I feel looking back I could be better prepared. Of course, I felt fully prepared and confident going into the exam - coming out was a different story.
What I would do differently...
Study ALL Gleim questions - publisher, cma, cpa, cia, everything! If not for anything except that they will teach you and drill the core concepts. By core concepts I mean further then just facts or how to calculate variance, but why variance is calculated the way it is or why specific things are done the way they are.
I think if you know the core concepts beyond carrying out calculations or basic facts, then you're good.
I would also leave myself much more time between when I "finish" studying and actually take the exam. I finished chapter 20 about a week before the exam and had a week for final review. I felt it wasn't enough. It put too much stress on me in that I "must study today" even when life interfered and due to work I just couldn't fit in study time.
For FAR, my next part, I honestly have no idea how I'm going to approach it. I'm taking it easy the next few days and going to regroup and relax before thinking about studying again.
Good luck to everyone in their studying!
Christine
__________________ BEC 04/01/09 - 54
FAR 07/21/09
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