Written By Guest Blogger Anne R.
I have not gotten much sleep the past week because I’ve been up late studying every night! I knew I was pushing my limits by trying to take the CPA exam in the amount of time I chose, so I’ve been working very hard to make it happen. I’ve been studying so much that I have given up on following a written schedule of study units to complete, my study plan is to study 24/7, finish a study unit and move on to the next one. I once heard a quote that said something like “Your misery while studying is directly related to your test score.” As in, the more miserable I am, the higher my score will be. I have missed out on a lot of fun events with my friends and family the past couple weeks, but I keep telling myself it will all be worth it. This is my last exam, so if I can work hard now, I will be done forever!
For me, the Gleim FAR book got easier as I went along. The more difficult information appeared first, then moved on to topics that I’ve studied before. In Study Units 3 through 10, I was really struggling with mathematical calculations and understanding concepts. However, Study Units 12 through 17 have been easier for me personally. I am finishing study unit 17 right now, with only 7 days to go until my exam. I wish I was already reviewing right now! I will try to do Study Units 18 and 19 tomorrow, and Study Unit 20 the next day along with beginning my review.
The questions I am most dreading for FAR are mathematical calculations involving interest rates, the time value of money, and debt and equity. I keep missing these questions on small errors like reading the dates wrong or not understanding what the question is asking. When I read the answer explanation, I understand…but I need to get to a point of understanding before I read the answer! In the next few days I will be answering a lot of these types of problems. One week from today my test will be over and I’ll be at the beach, so it’s worth it to do nothing but study right now!
Note: This blog was written by Anne R. before the CPA Exam window closed.