- This topic has 51 replies, 6 voices, and was last updated 4 years, 11 months ago by Anonymous.
September 12, 2017 at 9:33 pm #1624438
That's right – you have 3 years.
That's good! I wish you all the best with FAR and REG.September 12, 2017 at 9:38 pm #1624441tvpaulParticipant
@QueenCPA good luck to you too!! Can't wait for us both to get these tests out of the way!!September 12, 2017 at 10:31 pm #1624457September 16, 2017 at 12:20 pm #1630127AnonymousInactiveSeptember 16, 2017 at 12:27 pm #1630133
@cortes123 ; The general consensus is that part 2 is much easier than part 1.
The only major aspect of part 2 is capital budgeting. The other topics are much easier.
I found part two also to be easier as it involves a lot of questions on ratios. So yes, Part 2 is much easier in my opinion.
Also, I like your AUDIT Score. I am currently studying – what advice do you have for me?September 16, 2017 at 12:45 pm #1630151September 16, 2017 at 1:54 pm #1630180AnonymousInactive
Thanks for the feedback @queencpa. That seems consistent with what I have heard before, let's see how it goes on the 30th.
As for AUD, I feel like what really helped me was understanding (not memorizing) the material inside out. As you may know by now, there are almost no calculations and the material is very conceptual. Because of this, I beleive that sometimes you can get the feel of being stuck in between choosing two “correct” answers in a mcq or not really knowing what specifically the mcq is asking.
Some of the things I did that helped me know that I was understanding the material were:
1) Really knowing the reasons why the other three mcq choices were incorrect
2) Knowing an Audit's timeline and being able to consistently identify where a mcq was in terms of that timeline.
Because there were no calculations on the mcqs I was able to complete the Ninja mcq test bank pretty quickly, therefore I had to rely on these approaches in order to make sure I was effectively studying knowing as I wrote above, that the exam is very conceptual and that by just memorizing the material I was not going to put out a good effort on exam day.
There were other things that I did, but everyone learns differently. Just make sure that you are really learning and not just memorizing the material.