Studying Calculations

  • Creator
    Topic
  • #185194
    rudy201
    Participant

    Hello. I wanted to know if anyone has study tips on studying calculations for CPA exams. I am learning the concept but once I see numbers I tend to blank out on knowing the calculation. Do you make flashcards with formulars? Any tip would be appreciated.

Viewing 6 replies - 1 through 6 (of 6 total)
  • Author
    Replies
  • #548697
    MustPass1988
    Member

    I typically create a word document with all the calculations. I print off 4-5 copies, do the first one from the book as an “answer key” and then do the rest on my own trying to memorize it. It helps tremendously.

    AUD: PASSED [81]; Expired, retaking August 23rd
    BEC: PASSED [83]; Expired, retaking July 11th
    REG: PASSED [83]
    FAR: FAILED [64]; Retaking May 23rd

    #548712
    MustPass1988
    Member

    I typically create a word document with all the calculations. I print off 4-5 copies, do the first one from the book as an “answer key” and then do the rest on my own trying to memorize it. It helps tremendously.

    AUD: PASSED [81]; Expired, retaking August 23rd
    BEC: PASSED [83]; Expired, retaking July 11th
    REG: PASSED [83]
    FAR: FAILED [64]; Retaking May 23rd

    #548699

    It could be just because they have all been burned into my memory, but understanding what they are trying to do on a conceptual level is critical. Also, if you've noticed, there are key words that lead you in the right direction. “Turnover” calcs usually have to do with sales or some sales equivelant factor (COGS, for example in Inventory turnover). “Return” calculations usually refer to Net Income. In the world of BEC, a lot of the cost variances and allocations become much easier if you can understand what they are trying to tell you. If you really have a strong understanding of what they are doing and how they are doing it, but still having issues, then I suppose memorization is best but I would use it as a last resort….

    MBA,CMA,CPA, CFF?, ABV?

    #548714

    It could be just because they have all been burned into my memory, but understanding what they are trying to do on a conceptual level is critical. Also, if you've noticed, there are key words that lead you in the right direction. “Turnover” calcs usually have to do with sales or some sales equivelant factor (COGS, for example in Inventory turnover). “Return” calculations usually refer to Net Income. In the world of BEC, a lot of the cost variances and allocations become much easier if you can understand what they are trying to tell you. If you really have a strong understanding of what they are doing and how they are doing it, but still having issues, then I suppose memorization is best but I would use it as a last resort….

    MBA,CMA,CPA, CFF?, ABV?

    #548701
    rudy201
    Participant

    Thanks guys. Far just has so much info.

    #548715
    rudy201
    Participant

    Thanks guys. Far just has so much info.

Viewing 6 replies - 1 through 6 (of 6 total)
  • The topic ‘Studying Calculations’ is closed to new replies.