Wednesday, July 23, 2014

Audit!!!!!!

I have been studying for audit for what seems like a century, the joys of being a procrastinator.  I actually took some time to reflect on what I have been doing wrong the last few years that I have spent studying.  One of the things that I realized during this wonderful time of reflection was how I am always in a hurry to take an exam.  I have never actually taken the time to learn the material. This time around I have been taking my time and am ok with not squeezing in another test this window.  Which I could have, had I actually spent all of June studying. 

Reading the Wiley Audit book as awful as it sounds really helped.  I am now going through the notes I took and rewriting them. During this process I am reading them and when I rewrite the notes, I try to explain the material to myself and then write the notes in my own words. Its taking my time to get through everything, however, I am scoring in the 80s as I go through the questions.  Part of me is really amazed by how much answering questions gets easier when you actually know the material.  I also go through each answer and explain why its wrong.  As I get tired, I get lazy and just read real quick and try to answer quick.  I have started taking breaks when my brain gets tired.  Mostly because I dont want to ruin my trending score.

I am using the Wiley testbank and also invested $47 for the Ninja MCQ.  I like the adaptive learning that is offered with the Ninja questions.  I have been saving doing those the last 2 weeks prior to my exam date so I can get the questions on my weak areas. 

I am really getting weary of this whole CPA exam process.  However, looking at how half assed I have attempted the exam in the past I cant really get mad at anyone other than myself.   My goal for this year is to pass at least 3 parts.  And then taking on the last part in 2015.

Tuesday, July 1, 2014

Still At It...

I am back studying AGAIN for an audit retake. I have come to realize that the material is not hard, however, I tend to rush through the material and never really take the time to learn it.  Without actually learning the material, they can throw the same concept at me a million times and I would get those questions wrong.  This time around, hopefully the last time I take Audit (raise your hand if you have read that statement before on this blog), I am talking to myself and explaining the reason why an answer is correct or wrong. I am just tired of studying and would like to be done with this exam early 2015.


I have been reading Eckhart Tolle's "The Power Of Now" and I must say it has been very insightful.  I find joy in studying and do not feel guilty when I choose to take a night off from studying.  He talks about living in the Now.  Not to focus and obsess on the past or the future.  I want to be a CPA and based on the book, constantly ask myself "What am I doing today to get to that goal."  If you haven't read this book, its a must. I am trying not let studying consume me like it has done in the past.  I will make the most of my one night a week that I choose not to study.


In other news, my fiancĂ© and I bought a house and will be closing in a week.  I cannot wait to move in to our new space.  Everyone's needs, including our dog, were factored into picking our new home.  Once we move in, I will post pictures of the new place.  I am really excited about finally having office space. 


Happy Studying!