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Hello,
I am a student majoring in Accounting and am wondering how do people take notes for extremely dense factual subjects such as Auditing? I am finding it very difficult and tedious to take notes for this class and I am not sure why, perhaps because it’s not like a problem solving based class such as in my Accounting class, where doing problems over and over was sufficient and helped me retain the information.
I am reading my textbook, it’s called Principles of Auditing 18th Edition by Whittington and Pany, and I find very hard for me to retain the information and I seem to get bored easily because I don’t know how to take notes on it, without writing tons of facts, such as “Use the understanding of the client and its environment to consider inherent risks, including fraud risks, related to accounts payable. Obtain an understanding of internal control over A/P. Assess risk of Material Misstatement, and design further audit procedures. Perform further audit procedures- test of controls.”
It’s just lists and lists of concrete facts and I’m not sure how test myself on it to prepare for my exam at my school. I also feel as though, if I we’re to actually do an audit, this information would be much more receptive to my me because I would be able to apply it, however I’m not sure what this means about my learning style.
I am worried and anxious because I am going to be taking the CPA exam starting in July for FAR, and am having trouble condensing notes and its just not sticking in my memory and I’m not sure how to test myself on factual data. I would also be willing to email people a copy of my outline for one of the chapters to see what I am doing wrong. If anyone is really good at taking notes from a textbook and retaining the information well, please help me out!
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