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I need some feedback on my plan….you guys have been a great source of information.
I took Auditing on 1/18, should have the results Monday. Deep down I feel I might have passed but who knows.
I am currently studying for BEC with it scheduled for 2/27. If all goes well, this will be the only part where I have to study while waiting on the previous test’s results. I find that the worry about my Auditing test score (and the ramifications of a failing grade on my schedule) to be a great hinderance….almost as much as the fatigue from getting up early and staying up late to study. I’m giving it my all but with the craziness of my life and my new career, I’m wearing down quickly. A good grade on auditing will give me a jump start and a failing grade will likely make it worse.
After BEC, I will take a break during tax season (also quarter-end at my full-time job) and pick up studying again around April 15th. This will give me some time to sleep late and play with the kids to make up for my absence. I plan to take REG (will schedule it on Monday after my Auditing test results come in) on May 29th. I will be just out of tax season so much of my REG exam will be fresh in my mind.
Lastly, the beast FAR. I will likely begin studying for FAR in mid-June after another break. That would give me June, July and most of August to study for FAR (excepting a week for a beach vacation). I’ve been out of Accounting (public anyhow) for years now so I need to probably spend a lot of extra time, especially on the gov’t accounting pieces. I’m planning to treat FAR like a college Accounting class as opposed to a cram session. I’m looking at the end of August for my exam.
The 64,000 question is this….how to handle any parts failed. My thinking and hope is that if I am going to fail a part, it will be FAR. If I fail FAR (since it is the last exam), I will just continue on. If I fail Aud, BEC or REG, what to do then…..try to fit it in with limited re-study during a break or just move it to the end? I can see reasons to do it both ways.
Anyone have any ideas…thoughts….etc.?
CPAPending
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