Posted: 02 Apr 2011 at 17:53 | IP Logged
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Danasha - It's not like in school where an instructor gives you a specific reading assignment and you can be confident the questions will come from it. With COSO you have to build a general awareness and understanding over time, not just cram certain key facts that will be tested in the MCQs. I read COSO.org and stuff on AICPA.org for the several months leading up to my tests, as well as complianceweek.com and other industry journals, whenever I had free time. It really helped with a lot of the specific questions that coincidentally happened to be on my BEC test. This is how it will be for the first few windows since the material is still relatively new. Part of the reason they added the BEC section was to incorporate information not typically covered by entry-level accountants in order to force them (us) to broaden our horizons. It's not possible just to be accounting "drones" any more; more business understanding is required in order to pass the CPA exam. Surprisingly, this helps the older candidates. The people I know who didn't pass BEC were young. Maybe that's just anecdotal but it seemed noticeable to me. The more years of experience, the more familiarity with BEC info and concepts. (The opposite seemed true in FAR.)
__________________ Aug10 FAR PASSED!
Nov10 AUD PASSED!
Jan11 REG PASSED!
Feb11 BEC PASSED!
Delaware candidate not residing in Delaware
Becker devotee 4ever
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