AccountingNerd8 wrote: I feel paralyzed.  I have had all weekend to study, but I've only read one page.  The material is so overwhelming.  I've got 30 more hours of lecture to watch, 1000+ pages to read, and 1300 questions to cover before the end of next month. I had a good understanding of most of the topics in BEC.  For REG, I was lost in the tax chapters, but I knew the law stuff.  AUD was almost enjoyable (until I got my score).  But, I skim through the FAR book and nothing looks familiar.  I don't even know the basics like LIFO and FIFO.  I couldn't capitalize a lease if my life depended on it.  Pensions? Isn't that what old people get?  Intermediate I and II sure was fun sitting next to my boyfriend in class.  Was even more fun skipping class together.  But sitting here now with the FAR book, clueless and dumbfounded= NOT FUN.

Don't feel bad. The only reason why I kept the very basic stuff fresh was because I cracked open a FAR book or went online and read up on it when I wasn't working in accounting. The hard hitting stuff like Bond/Notes, Investments, Pensions, Income Taxes, Cash Flows, yada yada yada, I remembered much of nothing! College sucked for me because I spent the entire time in physical, agonizing pain so I learned almost nothing.

Pensions actually turned out not to be that bad. I just wrapped up that module. If you need the basics, go here: http://highered.mcgraw-hill.com/sites/0072994029/student_vie w0/chapter1/

On the left hand side, click PowerPoint Presentations. I am utilizing the crap out of these presentations. I don't remember much from FAR II and I sure as heck don't remember anything from Advanced Accounting. What I'm doing is reviewing the slides and talking my way through them. Then, I go to the Yaeger lectures and I am able to understand things. Gotta start from the bottom and work your way up.

Oh yeah, I am using the Gleim Test Prep CD. Once I finish a module, I go to Gleim and do questions on previous modules and then add the questions on the one I just finished. You can choose to have the questions thrown at you randomly. You may do a inventory question and then your next question may be a pension question. I just keep adding more and more questions. This is the way you do it so you don't forget previous topics you've covered. I'm up to 800+ questions now in the study bank between all the modules I covered. I think I still have 500+ to answer though. By the time I finish Yaeger, I'll be up to about 1500 questions in Gleim that I'll need to answer between the topics. I'm getting tons of practice...and it's fun.  :D 

Accountingnerd08,

I definitely feel your pain, BEC concepts were easy to grasp, reg was tough, and audit seemed straightforward too. I am having SUCH a hard time memorizing all these formuals and rules (and exceptions) for FAR.

I think one solution is something I was told from my "intro to accounting" professor back in the day: "It may seem hard at first, but you need to practice it everyday, and it will become second nature to you"

I am just going to keep practicing and get accustomed to all these accounts from now till my test date,and see what happens!

good luck!