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I had my exam today and it took me all of the 4 hours allocated to complete the exam. As it was my first ever test and I am not in the accounting industry, I guess I can say I did admirable. Although it did get increasing more difficult, I would not say that some of the questions were extremely difficult as it has been reported here. I tried to tell myself not to worry about that and to just focus on the questions that were given.
I was, however; surprised at how they really focused on specific topics and it was not as general as I thought it would be. Man I wish I had just studied the 5 or so topics they hit hard.
Regarding the SIMS, I spent way too much time on the first one and did not complete the second one. I answered the WC and portions of the other parts. Hopefully they grade the first one.
All in all a good experience though. For me it has been a long road and I’m glad to have a test under my belt, regardless if I pass or fail. I decided I wanted to become a CPA last summer so I signed up for some accounting classes at a local college. I already had a Master’s degree and 9 undergraduate hours of accounting above the entry level, so after 2 semesters and 4 classes later I applied for the exam. The kicker for me is that my wife delivered twins 3 weeks before I started studying. I can honestly say I underestimated how much free time I would have to study. So it took me 3 months to get ready and today was the day. I am excited about the possibility of passing although I cannot say I am confident I will. As a commercial banker I would say my knowledge before studying was minimal but the studying has certainly helped me in my profession. Hopefully once I achieve my CPA license it will lead me to better opportunities and the eventual opportunity to work for myself. (11 years in corporate America and I am spent)
Sorry for the rambling but it has been a long three months. Tomorrow I will take the night off, go to yoga and grab some sushi, then Wednesday I start with auditing. Tonight I will drink some Fat Tire and get some rest.
Thanks,
millerg
FAR 67, 73, 71, 76; AUD 61, 85; BEC 70, 77; REG 75
DONE
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