Need some advice on strategy….

  • Creator
    Topic
  • #2111220
    FOBCPA
    Participant

    Hi there,

    I was hoping to get some advice from all you testers out there that have experience with retesting a failed section.

    I tested for FAR in Q2 of 2018 and passed.

    Then, tested for Audit in November and failed with a 71. My original plan was to jump into BEC and test in January. And then hopefully squeeze in Audit in the Q1 2019 testing window. Then I would have Reg left, to take in Q2 2019 and one more safety testing window left in Q3 2019 before my FAR expires!!!

    I definitely feel deflated and quite honestly already exhausted by this whole process – but know it will be worth it in the end.

    My question to you all is – should I just jump back into Audit and push back BEC (which seems like a beast) or clear my head, move onto new material???

    I would imagine that refreshing for Audit will take less time either if I do it now or after BEC???

    Ugh….any advice would be appreciated.

    Thanks!

Viewing 3 replies - 1 through 3 (of 3 total)
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  • #2111265
    turo9992000
    Participant

    Have you been studying for BEC already? If you have, then I would suggest you stick with your plan and do BEC in January, and Audit after. how many weeks are you studying per section?

    #2111268
    felixsphone
    Participant

    ‘Let no feeling of discouragement prey upon you.' Abraham Lincoln.
    I recommend doing AUD again and just slowly building on what you know for BEC. Some topics do have overlap as well: IT/COSO. Half-hour everyday so you can continually work on the foundation. It's better to start now and utilize the black out month rather than to put more time pressure on yourself later in 2019. That's how a lot of people end up in horrible situations with the 18-month rule. It is not ideal.
    It depends on your situation but you can try to add REG at the end of Q1 '19 depending on your experience. You don't have to learn all the material but you have to see it all, if you know what I mean.
    Definitely do AUD first though, you probably still remember the SIM topics and certain MCQ that tripped you up, start there and work backwards.
    Just take a deep breath, your family still loves you, you will still get a good job, and you have a lot to live for. Set backs make great come backs.
    @Turo – because of his score, I recommend AUD again. He clearly demonstrates overall understanding but has about 5-10 topics that he needs to clear out the details on.
    Can you break down your performance report for us?

    #2111361
    FOBCPA
    Participant

    Hi there, thank you both so much for your input. The encouragement helps.

    @Turo – yes, I started the BEC. But I’m really only on Module 1. Not far along at at all. And there is overlap with Audit – as far as Internal Control.



    @Felixsphone
    – so you are suggesting that I go back through Audit in December? Test early January. Build up BEC throughout December also and then focus on BEC to test in January or February?

    The performance report:

    I. Ethics, Professional Responsibilities and General Principles (15–25%) Comparable
    II. Assessing Risk and Developing a Planned Response (20–30%) Weaker
    III. Performing Further Procedures and Obtaining Evidence (30–40%) Weaker
    IV. Forming Conclusions and Reporting (15–25%) Comparable

    Multiple Choice (50%)
    Weaker

    Simulations (50%)
    Weaker

Viewing 3 replies - 1 through 3 (of 3 total)
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