Joshua1:9 wrote: @Firstagain I appreciate your insights! thank you!! I plan on taking the test on May 30th and taking into consideration your suggestions will help me in the final push. When do you find out your score?

I won't get my results for 3 months.  Long wait.  I honestly think anyone can get this if they have as good as understanding as possible of how it all "fits" together.  That's very important, IMO, but you rarely hear people mention it.  I would approach it like this, visualizing:

Income statement - single step, multi-step - ordinary income (sales) continuing operations, discontinued operations, Other comprehensive income, extraordinary items.  Ok, now, continuing operations will involve segments, what are the rules for reportable segments? Continuing operations will also involve income under the equity method what are the rules for reporting income cost vs. equity method? OK, under the equity method, stock ownership of 30% or more I'd report the income under continuing operations, but less (and no significant control) I'd report unrealized gains and losses under "other comprehensive income", unless it was a trading security, which would be reported in current income (continuing operations). . . . You just continue on through all the income items, balance sheet items, and all the concepts.

I'm not even sure if all of what I just listed is correct, but you see the point.  I think weaving it all together like that is SO helpful.  Then when you see it on the exam you don't have to think.  You also then have your formulas written right in front of you for the smaller equations (leases, mnuemonic for Pensions, etc), and you are set.

Well, that is the approach I am going to take next time.  LOL, and oh yes, there will be a next time after I receive my score.

Good luck to you and Hotstuff.  I hope you guys both do better than I probably did.

-well put ! just to further explain - this a puzzle with alot of peices i hope i spelled that correct lol

Thanks to everyone that has been posting useful information to the Road to Glory Timeline :)

#TeamCPANET

For some reason I thought it was Road to Hell. Look at my schedule.

Good luck everyone!