[jeff]

Free Study Planner, Notes, Audio, Flashcards: https://www.another71.com/cpa-exam-study-plan/

Free CPA Exam Survival Guide: https://www.another71.com/cpa-exam-survival-guide/

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[krokofilen]

Gian: When is your exam day?

D C:

I have a similar strategy.

Got a huge document printed out that contains all my notes from Becker reading and doing NINJA MCQs. I think it's like 75 pages. Will never have time to go through it all, but I look back it at now as I'm in my final review phase and try to memorize some tough stuff from there. My strategy is to do 120 NINJA MCQs and 6 NINJA sims every day now up to my exam day 14 Aug, which will take me through all of them (I have done say 60% of them while reading Becker chapters, however hardly done any Becker MCQs). So basically I hammer MCQs and sims now, and go through my notes over and over again. I write down what type of fails I have (classified them into language, math, theory, concept, and impossible). For the theory and conceptual ones, I list the topics and then towards the end of each day go through my notes in detail on those topics. Got about 100 study hours before 14 Aug, which I think is a decent amount of time.

Big 4 Audit Manager from Europe here to pass the CPA in the U.S. of A in 2014! Niiice!

AUD - 95 / Jul 15 / 130h over 4 weeks
FAR - 86 / Aug 14 / 240h over 4 weeks
(11 week break)

REG - 81 / Nov 14 / 200h over 4 weeks
BEC - 87 / Nov 17 / 30 h over 2.5 days

[jpowell31]

@D C – are you working up until your exam?

[jpowell31]

I'm down to 60 pages typed notes with 10 pages of handwritten neumonics and JE's. i plan to get down to 30 pages by Friday and rewrite handwritten down to 5/7 pages to drill down. audio every time i'm not in front of computer (or unwinding in bed/watching tv/actually speaking to someone).

i marked so many questions to ensure i went over them all again and i don't think i'll have enough time. panic mode count down.

[krokofilen]

jpowell31: You seem very well prepared, more than I am I can tell you for sure. That whole thing with writing down JE:s and re-writing notes I have skipped completely (no time). So I would not be worried if I were you. Did you take this approach also in the past, when you failed exams, or is this the new improved jpowell31?

Big 4 Audit Manager from Europe here to pass the CPA in the U.S. of A in 2014! Niiice!

AUD - 95 / Jul 15 / 130h over 4 weeks
FAR - 86 / Aug 14 / 240h over 4 weeks
(11 week break)

REG - 81 / Nov 14 / 200h over 4 weeks
BEC - 87 / Nov 17 / 30 h over 2.5 days

[HopefulCPA0601]

I'm in final review mode. have to finish up about 300 ninja questions by wednesday. then thursday to sunday im consolidating all of my notes. monday doign all aicpa released questions and sims on topics im still weak in. tuesday/wednesday rereading/rewriting notes.

BEC: 65 - 79* - 84 DONE
AUD: 65 - 76 DONE
REG: 63 - 77 DONE
FAR: 65 - 63 - 67 - 69 - 73 - 71 - 83 DONE

Becker Notes & Flashcards, Wiley Test Bank, Ninja MCQ

[HopefulCPA0601]

ive also done all the wtb questions so ninja is like round 2 of questions for me.. i really hope this all helps.

BEC: 65 - 79* - 84 DONE
AUD: 65 - 76 DONE
REG: 63 - 77 DONE
FAR: 65 - 63 - 67 - 69 - 73 - 71 - 83 DONE

Becker Notes & Flashcards, Wiley Test Bank, Ninja MCQ

[jpowell31]

the above doesn't take into account the fact i've been working fulltime and have had quite a few major life events occur. this is my plan going forward now that i am off work (as much as i can avoid it) until exam day.

that question on installments above had me drawing a blank, for example, but i'm hoping that this week i can get down to being “comfortable with everything” then the last 5 days drill down on weaknesses . i've only written JE when going through notes/questions as they've come up – i haven't really used these yet so i really hope to rewrite at least once and review because i know this is a weakness of mine (for topics that aren't basic accounting knowledge JEs) and weaknesses showing up in the past = fail for me. there's quite a few things i feel like i've never seen before in going over my questions, which is terrifying me but i have never taken off this much time consecutively to focus on studying so i'm hoping it helps.

in my other exams i passed by writing comprehensive notes and understanding everything. there wasn't anything i didn't understand going in but i make mistakes easily, misread questions and mismanage time management. i don't think i will understand everything going in this time…i need some LUCK this time around. i don't know if i can do FAR and AUD again.

[HopefulCPA0601]

Per Ninja:

Generally, a nonmonetary exchange should be based on the fair values of the assets exchanged—resulting in the immediate recognition of a gain or loss.

Exceptions to this treatment include the following:

Fair value is not determinable

Exchange transaction to facilitate sales to customers

Exchange transaction that lacks commercial substance

Under these exceptions, no gains or losses are recognized.

I thought that losses are always recognized, whether or not the transaction has commercial substance. ???

BEC: 65 - 79* - 84 DONE
AUD: 65 - 76 DONE
REG: 63 - 77 DONE
FAR: 65 - 63 - 67 - 69 - 73 - 71 - 83 DONE

Becker Notes & Flashcards, Wiley Test Bank, Ninja MCQ

[Guti]

krokofilen, im taking it on 8/18.

HopefulCPA0601, wow, if you pass FAR, you are done. Work on simulations as much as you can, I only got a 71 last time because of the simulations.

FAR-84
AUD-
REG-
BEC-

[D C]

quick question.. i'm just starting ninja mcq for the first time, have always used becker materials and software only before. I'm finding the question structure and topics being tested different… is this designed more for people who use wiley test books? will I get much benefit from supplementing these mcqs?

B - 80
A - 71, 67, 77
R - 71, 77
F - 72, 77
DONE!!
Becker Self-study all the way! Did use Ninja Notes & Audio for FAR.

[Guti]

D C, I’m on the same boat as you when it comes to Becker, but since I failed with a 71 only using becker, Im working on both ninja and Becker mc now.

FAR-84
AUD-
REG-
BEC-

[D C]

ok..yeah thanks! .. i'll keep at it.. its early.. hopefully i get better at these….

B - 80
A - 71, 67, 77
R - 71, 77
F - 72, 77
DONE!!
Becker Self-study all the way! Did use Ninja Notes & Audio for FAR.

[Anonymous]

are ratios often tested? I don't really want to waste any time on them

[Guti]

anjanja, after two exams, I have yet to see a question on ratios.

FAR-84
AUD-
REG-
BEC-

[jstay]

@anjanja & @Gian, thats the thing..you really never know. i mean who's to say they aren't gonna throw a ratio at you

[Author]

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