[pikachu]

Hey y’all. I decided to take the CPA 3 years after graduating with a BBA in accounting. Working 40 horus a week. Started to study once I got my NTS, just a month to study after work and on weekends.

I had a week left before exam and was on govt. It was soo long and boring I skipped it and read NFP first, then skimmed govt.

Did bad on Wiley test bank Govt (40%). I think I did bad on the exam too, though I did get a difficult second testlet. Probably 75-80% correct, curved to 50 points? 🙂

I’m not sure how testlets are curved… but I think I got half right, 1-3 completely wrong.

I spent about 30-45 minutes each testlet, had 2 hours for simulations.

How do you think I did?

FAR: 2/23/14 77 (1 month studying)
AUD: 5/25/14 68
AUD: 7/13/14 72
AUD: 10/12/14 72
I GIVE UP

[pikachu]

I worked hard for this exam. I would absolutely advise that you study government and not pray it doesn't show up on the exam. I'm just saying, I passed 🙂

For government, I remembered a few things like Estimated Revenues starts off as a debit that got me a MCQ or 2, but I was doing terrible with MCQ on Wiley Test Bank, 40% compared to 70-80% for everything else. Given that it took me 3 weeks to finish reading through all of the chapters in Wiley, I had a week left. Hammer government, or hammer MCQ… I guess I could do both, but I never went to school for govt accounting, it just wasn't making sense too me. So much to remember (fiduciary?? General?? expenditures and appropriations and encumbrances?)

I didn't feel outstanding leaving the exam room, but I knew I basically only threw darts at the government questions, and was comfortable with all of my other answers. I think I got 3/7 sims right, probably partial credit for some others.

My first week of studying, chapter 1, I was going through text, highlighting, doing MCQ and SIMS. I had to switch it up.

Highlighting was pointless since there was too much text, and I wasn't going to flip through the book all the time. I discovered Ninja Notes (rewriting textbook notes. Generally focus on explaining why MCQ were wrong). I have Microsoft OneNote, I can read my notes on my phone and PC 🙂 I skipped SIMS in the book, though later did all of the sims on Wiley Online test bank.

Once I finished reading through the book in 3 weeks, I used the online test bank, and I got a 77 🙂

FAR: 2/23/14 77 (1 month studying)
AUD: 5/25/14 68
AUD: 7/13/14 72
AUD: 10/12/14 72
I GIVE UP

[Anonymous]

Am I the only one who feels govt and nfp are not that hard?

I have more trouble with bond and stockholders equity questions

[Anonymous]

Am I the only one who feels govt and nfp are not that hard?

I have more trouble with bond and stockholders equity questions

[pikachu]

I've never thought NFP was hard, just government. NFP was just 30 pages in Wiley text, govt was 100. Govt wouldn't be hard if I had an extra week I guess to remember General, Fiduciary, Special, Debt funds, etc….. So much memorization.

I think PV, bonds, leases all kind of go hand in hand, so once you are comfortable amortizing premiums/discounts, they all kind of go together.

Stockholders equity was another sore spot in my studying. I still don't understand stock options expensing. And I didn't mention that with all of the guessing on govt questions, I also guessed on some diluted EPS questions.

FAR: 2/23/14 77 (1 month studying)
AUD: 5/25/14 68
AUD: 7/13/14 72
AUD: 10/12/14 72
I GIVE UP

[pikachu]

I've never thought NFP was hard, just government. NFP was just 30 pages in Wiley text, govt was 100. Govt wouldn't be hard if I had an extra week I guess to remember General, Fiduciary, Special, Debt funds, etc….. So much memorization.

I think PV, bonds, leases all kind of go hand in hand, so once you are comfortable amortizing premiums/discounts, they all kind of go together.

Stockholders equity was another sore spot in my studying. I still don't understand stock options expensing. And I didn't mention that with all of the guessing on govt questions, I also guessed on some diluted EPS questions.

FAR: 2/23/14 77 (1 month studying)
AUD: 5/25/14 68
AUD: 7/13/14 72
AUD: 10/12/14 72
I GIVE UP

[msd87]

Got the news from my FAR yesterday, 83. Expected to fail as I was weak I. gov and nfp. Also left one sim blank. Testlets were medium diff medium, I think.

[msd87]

Got the news from my FAR yesterday, 83. Expected to fail as I was weak I. gov and nfp. Also left one sim blank. Testlets were medium diff medium, I think.

[Author]

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