IT & Financial Management: HELP!!!

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  • #160414
    Anonymous
    Inactive

    Back to studying for this horrid section of the CPA exam.

    I’ve failed twice (70 & 66). My Performance Report (both times) says my weaknesses are IT & Financial Management. Can anyone tell me their studying tactics for IT? No offense, but the Yaeger CD’s do not go into major detail with this, so do I just memorize my highlights & re-write notes?

    Any ideas/pointers would be greatly appreciated!

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  • #282845
    Anonymous
    Inactive

    I used Wiley, the new 2011 edition has alot more IT internal controls that were really helpful when I took the test. I think understanding the internal controls needed within the IT environment is the key to passing this section. For financial management…i struggled with this section too, and i just kept reworking mcq problems really slowly, making sure i understood every step involved in finding the answer, and understanding what all the terms meant.

    #282846
    kb24
    Participant

    The Ninja notes were great for IT.

    FAR 4/1/11 - 89
    AUD 4/15/11 - 85
    REG 4/29/11 - 80
    BEC 5/13/11 - 85

    #282847
    kandisjoy
    Participant

    I used CPAexcel and I ended up scoring “Stronger” than the average passing candidate in both of these areas. I think the CPAexcel does a really good job with BEC. I also used the Ninja notes.

    Also, this is kind of a generalized tip, but I used a lot of notecards. I think it helps a lot, especially with the IT concepts.

    FAR: 71, 77
    BEC: 70, 82
    AUD: 62, 78
    REG: 71, 68, 85

    CA Licensed 11/2011

    #282848
    Anonymous
    Inactive

    Great! Thanks so much. I've got the Ninja notes, so I'll make use of them. 🙂

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