Posted: 24 Feb 2010 at 13:23 | IP Logged
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I just found out this morning that I passed my fourth and final part. I just wanted to give some tips for those working away:
For background, I do NOT have a degree in accounting or business. I actually have a degree in European History of all things. I found myself in the business world and naturally gravitated to numbers and accounting. I actually went back and took the required classes necessary to sit for the exam. Now, even though I don't have the formal background in the work, I've passed. I'm hoping that this tells you that if I can do it, you likely can too. So here are the tips:
First, find the review course that fits you best. Each course has differences in how they present the information, as well as who is presenting it. Find out what fits you best and go with that. You can just grab the Wiley book and go balls out like a nut. Another book could be Gleim and their great CD full of questions to practice (I used this for 3 tests). You can go with the big boys and take Becker. I thought the cost was crazy for what it gave you in comparison to the competitors. Still, it works for many people out there. I think it is much more formal in its presentation. For a more relaxed presentation there is Yaeger. Yaeger gives you lots of content and awesome tips. The gist of all of this is to find your fit. I can't stress this enough as this could make or break you on exam day.
Another tip is to not give up. Every day you can, just study a bit. I work full time as a director at an accounting firm. Every night I would go home tired and pull out those DA** books. I plugged away over the last 9 months, chipping away at the concepts. Take each module/chapter one at a time, and every test one at a time. Before you know it, you will be done and looking back in relief and wonder.
I'd also suggest trying to get outside support. No person is an island and it's great to have help on the bad days. Whether this is friends, family, that special someone, or this forum, try to set up a support system. It will help you on those downer days when you want to chuck the book out the window.
On a more specific idea, I'd also know your journal entries. I can't tell you how helpful that is as the questions just become so much easier when you nail the concepts there.
Pay attention to how the tests are scored in particular areas. In other words, don't skip studying NFP or Governmental for the FAR when they make up such a big chunk of the test. Know how the tests are set up and plan your studying accordingly.
Well, those are the tips I can think of off the top of my head. If anyone has specific questions, just PM me. Best of luck to all!
__________________ CPA
CFE
Working on MBA at Duke
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