2 become a CPA

Hi, I read your story. So, it is possible to schedule and sit for 2 exam sections in one testing window? What if I am not ready, can I re-schedule?

noreply@blogger.com (Unknown) — Sat, 04 Dec 2010 02:32:00 +0000

Thanks for reading my story! :) Yes! It is possible to sit for two (even four) sections of the exam during one testing window. If you schedule your exams and you find yourself unprepared as test day approaches, you can change your appointment using the Prometric website. You'll incur a change fee, which varies depending upon how many days before your scheduled appointment you make your change. Best of luck on your CPA exams!

~Donna

Hi Donna, I looked at the Lakeland College program. Can the online CPA prep courses also be applied to the 36 Accounting credits requirement?

noreply@blogger.com (Unknown) — Sat, 04 Dec 2010 02:14:00 +0000

Professor Rick Gaumer at Lakeland College is the best person to answer your question. I recommend you email him directly at cpaprep@lakeland.edu for the most accurate information. Best of luck to you!

~Donna

Hi Donna, is the Wiley review course sufficent for passing the CPA?

noreply@blogger.com (Unknown) — Sat, 04 Dec 2010 02:08:00 +0000

I used Becker CPA Exam Review to pass all four sections of the CPA exam. I'd like to refer you to Andrew Lee at CPAReviewMaterials.com - he offers Wiley, Lambers, Kaplan, Gleim & Bisk CPA exam review products and can help you find the product best suited to your needs. Best of luck on your CPA exams!

~Donna

Interview: CPA Review Materials

noreply@blogger.com (Unknown) — Thu, 14 Oct 2010 13:49:00 +0000

Recently, Andrew Lee of CPA Review Materials interviewed me about my CPA exam experience. Read the article to find out how I overcame obstacles to success, the methods I used for retaining & recalling material, and where I found the determination to succeed. This article was first published on October 10, 2010 at http://www.cpareviewmaterials.com/news/26/Interview-with-CPA-Exam-Success-Donna-Harding.html

Interview With CPA Exam Success Donna Harding

What made you want to become a CPA?

My accounting courses in college were taught by CPAs who highly recommended pursuing licensure. They often spoke of the difference it makes in accounting careers – I wanted the path that leads to a better earning potential and standard of living.

You passed the CPA exam on your first attempt, which is a rare feat. To what do you attribute your success?
Dedication and support. I set my goal to pass the first time, no matter what. I was going to finish the CPA exams ASAP because I’d seen the low pass rates and heard the stories about how the process could become drawn-out. Fear of spending months in “CPA study hell” boosted my resolve. I made all necessary sacrifices to study, prepare, and pass the exams on my first try. My family was a great source of support; my husband not only put up with my excessive grouchiness, but he pitched in at home and gave me the space and time I needed to focus on studying. He also has the best shoulder for leaning on.

What was the most difficult part of preparing for the CPA exam and what did you do to overcome it?
Making myself study was the most difficult part. There are so many distractions in life, all of which are more fun than studying. I found that tasks I previously avoided became more enjoyable than studying (who wouldn’t rather clean up after the dog?)! It takes a discipline to study rather than give in to distraction. I had a schedule to meet in order to be ready on exam day. My study calendar had very specific goals for each day and each week, with one “catch up & review” day per week, in case something came up. I stuck to that schedule as if it were life and death.

Many CPA candidates struggle with retaining the vast amount of information tested on the exam. They may learn a concept and understand it, but after continuing on to other sections and returning, they find some of the information is forgotten. Was this an issue for you, and if so, what did you do to combat it?
Yes, it was! Most of us never learned how to “study.” We might know how to get good grades, or how to pass a class, but these short-term abilities don’t often require long-term retention. The trick to retaining information long-term is cyclical review. I relied on and often recommend the Strategic Learning information provided by Dartmouth online at http://www.dartmouth.edu/~acskills/videos/index.html.

What was the most effective form of studying for you (e.g. lectures, textbooks, flashcards, practice multiple choice questions, etc.)?
Honestly, I used all of it! Repetition, repetition, repetition. I viewed lectures with my textbooks and pre-printed flashcards open and ready; I made lecture notes and highlighted both textbooks and flashcards. This active form of learning required me to be alert and process information. I followed each lecture topic with multiple choice questions, repeating the series until I had 100% correct. I carried flashcards with me at all times and reviewed them at every opportunity. I also completed practice simulations and at least two complete practice exams for each exam section. Did I mention that repetition is key?

Any regrets about the long hours you put into it, now that you have passed?
That’s a tough one. If I eliminated one part of my study routine, I might not have passed on my first try, so I have no regrets in that respect. On the other hand, I missed several important things during my study sequestering and it took a toll on my personal life. After I passed my last exam, I focused on putting my life back into balance and I think everything worked out just fine.

Check out Andrew's blog & resources: http://www.cpareviewmaterials.com/.

Follow him at @CPAStudy.

Slaying Your CPA Study Dragon

noreply@blogger.com (Unknown) — Thu, 08 Jul 2010 02:21:00 +0000

The calendar is filled with chapters, topics and tasks to complete before sitting for the next CPA exam. Realistic daily study goals are set. Now it's time to slay the dragon. It will take dedication, focus and a bit of selfishness to absorb the reading and lectures, practice MCQ and simulations, and achieve success on your next exam. Preparing for the CPA exams is a temporary situation. You can do anything for a few months. You can achieve your study goals, especially if you're prepared!

Develop the proper mindset. Set daily study goals and prioritize daily tasks, making study a top priority. Distractions will attempt to undermine you; conquer them with willpower and dedication to goals. CPA prep months are not the time to buy or sell a home, start a family, coach a little league team or take on any extra-curricular projects – these things will wait until after you pass the exams. Become comfortable with saying "No."
Take care of yourself during prep months. Exercise to reduce effects of stress and anxiety. Eat a well-balanced diet, keeping snacks handy for study. Get adequate sleep nightly. Brains do amazing things during sleep; during my CPA prep, I often dreamt of the day's problems and worked them out by morning! Meditation, positive affirmations, and visualization techniques help with confidence, stress management, and focus; use every tool at your disposal.
Block distractions. CPA exam prep programs make excellent use of computer and online capabilities. Yet, this is a doorway for distractions. Close email, instant messaging, and social media to avoid distractions during study time; these things can wait until break time.
Track daily progress. Evaluate yourself weekly to see if goals for time spent and volume of material covered are achieved. If goals are not met, adjust behavior accordingly. Be sure to reward yourself for meeting goals!
Use checklists. At the beginning of each chapter, list everything required and check off tasks as completed. I use spreadsheets for setting goals and tracking progress, but a handwritten list works, too. For me, each checkmark at completion represented another step toward passing my exams and was often my favorite reward! I've included my FAR final review goal sheet as an example.
Make study and review convenient. Carry flashcards, textbook, handwritten notes, or a laptop (to access lectures and MCQ) at all times. Use every unoccupied moment to review flashcards, practice MCQ, view or review lectures and study. Have a good supply of blank 3 x 5 cards, highlighters, pens, note paper and other supplies ready to make the most of study time.
Focus on the positive. CPA preparation has a learning curve. Lectures, MCQ and simulations require more time in the beginning; over time, candidates gain familiarity with format and routine, study progresses and endurance improves. Try not to become discouraged in the early weeks of prep; it will become easier.
Focus on small pieces. The CPA exam is often referred to as "a mile wide, but an inch deep" and the volume of material to study can be overwhelming. Remember how to eat an elephant? One bite at a time! Set a timer for 20 minutes and study until it goes off, take a 5 minute break. Repeat until goals for the day are met.
Ask family and friends for support and space. Family and friends can be a source of inspiration and support; they might help with children and necessities, or provide reassurance; accept their offers to help. Politely decline requests and invitations, knowing life returns to normal after passing exams.
Use your CPA exam support network. As supportive as family can be, unless they've taken the CPA, they don't grasp what you are going through. Social media and CPA exam review websites are offer support from other candidates and those who have passed. My "Tweeps" were of great help to me during study breaks!
Use long-term goals to stay focused and committed. Tape a photo of your dream car, a travel brochure, etc. on your fridge as a reminder of long-term goals. I found that seeing my name, followed by "CPA" was very motivating. Picture your future the way you want it to be, taking steps to create that reality.

My friend, Julie, recently said, "Challenge is a dragon with a gift in its mouth. Befriend, tame, or slay the dragon and the gift is yours." At times, my CPA preparation felt like dragon-slaying. However, dragons are what you imagine them to be. Are you fighting a giant, scary beast or taking a ride on a friendly winged creature? Everyone's CPA exam journey is different. Try suggestions that make sense in your life and implement the approach that works best for you. If you have specific questions for me, feel free to ask them here, my question & answer page, or follow me on Twitter.

Best wishes for success on your next CPA exam!

-Donna

This article first appeared at CPA Review Materials on June 7, 2010.

Donna, on one of your previous discussions, you have indicated that you took three sections all in November. I am curious to know how you allocated your time to study. Could you please elaborate on this a little more? Thank you.

noreply@blogger.com (Unknown) — Wed, 02 Jun 2010 15:48:00 +0000

I was 9 credits short of the 150-hour requirement when I began preparing for the CPA exams, which is the reason for my scheduling pile-up. In mid-July, I enrolled in a for-credit CPA prep course through Lakeland College http://lakeland.edu/cpa.asp, which included Becker’s full courses and final review product. I completed the full courses for REG, FAR and BEC prior to November (when I became eligible to sit). I began my final review for REG in mid-October and sat for it Tuesday, November 3rd. I took one day off to “decompress” then began final review for BEC, which I took on Tuesday, November 17th. One more sanity day off, then completed the AUD course and final review and sat for AUD on Saturday, November 28th.
If this sounds like a crazy schedule, it was. Other facets of my life were put on hold while I buried myself in studying throughout November. (Thank heaven for the wonderful mother & mother-in-law who sent home-cooked turkey & all the sides to me on Thanksgiving Day!) I also took a long and well-earned break during December to recuperate and catch up with my life. This is not a schedule for everyone; however, if you are highly motivated and want to pass your CPA exams under strict time constraints, it can be done!
-Donna

Hey Donna...Can you please let me tell me how much time should i dedicate for Final Review and i am doing final review do i need to revise the entire textbook again??

noreply@blogger.com (Unknown) — Wed, 02 Jun 2010 15:25:00 +0000

Schedule about 14 days for each final review. This is not the time to learn new material, but to review the topics you have already learned. Browse through the entire textbook, making notes of key areas, mnemonics, formulas, charts, etc. (I used note cards and mind mapping for this). If you are using a final review product, such as Becker's, begin there and refer back to full textbook for more in-depth topic information & details.
While increased exposure promotes familiarity with material, memorization is required to be successful on the exams. During your final review, use your note cards every day, as often as possible. Each time you flip through a pack, remove the cards you have memorized and spend more time with those you don’t. Schedule and simulate at least 2 complete practice exams before your test date to build up stamina and endurance. Last 48 hours before your exam, MEMORIZE anything you don’t already know, manage stress and anxiety and see yourself being successful on that exam! Best of luck to you!
- Donna

Guest Blog: Passing the CPA exam is not about intelligence...

noreply@blogger.com (Unknown) — Mon, 10 May 2010 13:54:00 +0000

I'm happy to introduce my guest blogger today, Aparna Sathi. She recently passed all CPA exam sections on the first try. She shares her approach and tips to help you pass the CPA exam.

It was a sweet coincidence when on the very day I was reading my journal from last year; Donna asked me if I could write something about my experience with studying and passing CPA.

My journey started last summer after I quit my job as an audit associate to move to a different state so I could stay with my husband. Considering the tanking economy and the fact that I absolutely loved my job, it was one of the hardest decisions for me. But on the plus side, I knew that this would give me a chance to pay full and undivided attention to passing the exam.

I started studying for FAR in August and took my first section in October. I sat for my last section in March. My exam dates were FAR 10/9, AUD 22/11, REG 1/22, BEC 3/1. I believe I was able to achieve this because I was able to study full time.

Now that I have given you a broad idea of my timeline, let's get into the dirty details.

First and foremost, I would say the CPA exam is not insurmountable. If I could pass this exam, anybody can. I'm sure you've heard that one before, but it's true. As I look at what I wrote about this exam in my journal, I'm amazed about how petrified I was about the whole process and here I am months later, with the exam far behind me. Here is a list of things that I believe were the reasons why I was able to pass these exams.

Before I even started studying for a particular section, I knew that it was very important to understand the structure of the exam. I think doing so made the entire process a lot easier.

I planned and planned. And then I planned some more. I cannot overemphasize on this. Before scheduling each exam, I would briefly look at the material and table of contents of my prep material text book (Becker) and figure out how much time I'd want to spend with each chapter. For example, while I was studying, I decided that 3 days for each chapter would suffice. I would also give a day in between each chapter, where I would go back and review everything that I've covered so far. Finally, depending on the section and my comfort level with it, I'd give a week or two for final review. Once I had a plan in place, I'd immediately schedule the exam and vouch to stick with it. No rescheduling business!!

It is important to understand going in, that you will have highs and lows. There were days when I'd be in high sprits and days when I felt like, there is no way I can possibly do this. Know that it's natural. Everybody who has passed this exam has been there. Whenever I was having those days, I'd take a break, call my parents or my best friends and talk to them. Once I did that, I felt surprisingly uplifted and ready to get back to my study desk!

I'm a big day dreamer. I'd picture myself as a CPA. I would think about all the good things that were going to come with it. I would think about how proud my mom and Dad would be. How proud my husband and best friends would be. I would paint pictures in my head. For example, I'm being introduced to someone new they ask me what I do and I tell them "I'm a CPA". Ok... that may sound cheesy, but hey it worked for me!!

I knew that it required a lot of hard work and I prepared myself for it. One of the most important things to remember is that CPA exam is not about intelligence, it's about diligence. For me, hard work and diligence go hand in hand. For me it means this: Each time I take a study break, diligence is that tiny voice in my head that tells me that in order to pass, I MUST get back to studying, even though I so badly want to watch that movie that's on. Diligence is after I went out for dinner with hubz on a Friday night, I came home and despite the whole weekend mood, I hit the books. It means that even if I'm doing unbelievably badly on the practice questions, I don't give up and keep practicing as much as I can.

Other than having a right mindset there were other little things that I think helped me with passing. I had a strict time table. I would wake up and go to bed at the same time everyday. I'd eat meals at the same time everyday. I religiously worked out in the mornings. I really believe that my exercise and Yoga helped me a lot in focusing and keeping a positive mind and in getting rid of all the frustration/ heat that builds up when you are studying as much as you are. Another thing that was very important for me was to eat a healthy diet. Lots of whole grain, nuts, fish, lean protein, Green tea, fruits, and vegetables. There were days when I'd give in to my temptation and eat good old white pasta and cheese and I would immediately feel the difference. I'd feel more lethargic and sleepy and just lazy in general. Think about it. Isn't it twice as hard to go back to your study desk when you're so full?? So depending on if you work full time/part time whatever, know your body. Know what works for you and what doesn't and do things accordingly.

I had a dedicated study zone (see photo below). This was in the spare bedroom with no TV, no radio. I also made sure the computer I was studying on did not have internet connection. I'm a very visual person so I'd have tons of sticky notes all over the place. On the computer, on the walls and any other surface you can possible think of. Another little trick that really worked for me was when I was doing practice problems and I'd come across a particular problem that was difficult or was maybe not covered in the material, I'd write the Becker question code in my text book, in the related page/topic with a different color ink (I'm a major fan of color coding) then while reviewing, I'd over that question simultaneously. This really helped me understand the material better.

Ok. I listened to all the good advice out there. I worked hard. I've been miserable and it's the D day. For almost all of my sections, I was very restless on the day before my exam. But Hubby Dear would take me out for dinner. I'd come back and watch some TV. I made sure I went to bed early and on the day of the exam, I was surprisingly calm. I think the comfort came from the fact that I had worked as hard as I possibly could and if I had to do this all over again, there is absolutely nothing that I would do differently. When I walked into the Prometric center and started taking the exam, I was surprised about how easy the exam was. It's important to not to get intimidated by questions from prep material. The actual exam questions are not that bad. But, but, but, know that because you did spend so much time with those practice questions, you will be able to answer the exam questions easily.

These were some tidbits of my experience with studying and passing CPA exam. Remember, each of us operates differently and what worked for me may not work for you. So recognize what works for you and function accordingly. Enjoy this experience. Be cognizant of the fact that the journey you are about to embark on will define you for the rest of your life. You'll always be proud of yourself for being able to do this. Few years down the lane, you'll look back and smile at these times.

Aparna's CPA Study Zone

Aparna Sathi has a Bachelor in Business Administration, a Master in Accounting from UCF (Orlando, FL), and two busy seasons of audit experience with a national CPA firm. She studied and passed the CPA exam and has returned to the job market in the Raleigh area.

Simulations… without Anxiety

noreply@blogger.com (Unknown) — Tue, 04 May 2010 16:18:00 +0000

Lately, I've received several questions about simulations and understand the anxiety they can create. Here is my method for simulation prep and my exam day strategy. I hope you find it helpful as you prepare for your next CPA exam.

SIMULATION INFO AND PREP

Under the current format, three sections of the CPA exam contain simulations (condensed case studies) and constructed response (writing sample), presented together in testlets, but graded independently.

The simulation portions are worth 20% of your exam score, while the constructed responses are worth 10%.

A maximum of 70 points are possible from the MCQs and candidates must earn points on the simulations and written responses in order to pass. Many students become anxious about these testlets, but this can be overcome with adequate preparation and strategy.

The specific topic on your exam will be anyone's guess, so be sure to follow the content guidelines for the exam you're taking. Anything you study for the multiple choice portions is fair game for a simulation or written response. The instructor for your prep course may indicate specific topics where a simulation is more or less likely, but candidates should be prepared for anything.

Simulations come in many formats: matching, fill-in-the-blank, categorizing, research - you name it!

Work as many practice simulations as possible, using your CPA Review prep software to become familiar with different format possibilities. If you know how to search with Google, you can handle the research tab. Focus your efforts on finding the magic keywords.

Do the simulation testlets included in your practice exams during your final review. It is important to know how much time YOU need to be successful in these sections before sitting for your next Exam section.

The constructed response requires specific preparation. Practice creating written responses within a 10-15 minute time limit, using proper business writing techniques and formats.

Practice in the same way you will be required to perform in the exam (don't look up answers or submit an outline).

Read the information provided by the AICPA for requirements and scoring specifics here.

DONNA'S EXAM DAY STRATEGY:

1. Begin by reading the written communications tab. Start thinking about your response and jotting down notes and details on the scratch paper provided.

2. Read the situation and directions for the remaining tabs. Check the resource tab for additional information. There may be facts in these tabs that you need to know or will be helpful for your constructed response.

3. Carefully read the constructed response instructions; do what is asked; STAY ON TOPIC!

4. According to cpa-exam.org: "Written communication responses are scored on the basis of three criteria: (1) organization (structure, ordering of ideas, linking of ideas one to another); (2) development (presentation of supporting evidence); and (3) expression (use of standard business English). Responses that do not address the assigned topic are not scored." Note that responses are not scored for accuracy of information. Simply put: if you do not know the answer, use information you do know about the topic to intelligently respond, focus on your writing skills to meet the 3 criteria and move on.

5. Some candidates use the research tab to find information for use in the written portion. This could be a huge waste of valuable exam minutes and should only be attempted if your memory hasn't been triggered in the other tabs and you draw a complete blank on the topic.

6. Exam functionality allows candidates to split the simulation screen between 2 tabs, not the same tab; this limitation may require scrolling up and down to refer to directions and respond - use your scratch paper for notes to simplify the process.

7. Watch your timer! Target 10-15 minutes to write and proofread your written response. Finish the written portion first to secure 10 solid points before working the remaining tabs.

8. Work the remaining tabs, beginning with those you are most confident with; read the instructions carefully and enter your answers carefully.

9. Use the functional tools (calculator, spreadsheet) if you need them.

10. During the CPA exam, you do not lose points for incorrect responses, but you don't receive points for items left unanswered. Fill in an answer for every blank!

11. If you find yourself running out of time, use your last minute or two to make sure you have filled in as many answers as possible (even if this means guessing).

Practice this approach during your final review and make adjustments to your personal strategy as you see fit.

Consider the fact that an outstanding performance on MCQ will relieve some pressure from performance on simulations.

If you have specific questions for me, feel free to ask them here, visit my personal blog, my formspring.me page, or follow me on Twitter.

Best wishes for success on your next CPA exam!

This article was also published on Another 71 - The CPA Exam Community May, 2010.

Mind Maps by Ernest Tucker

noreply@blogger.com (Unknown) — Fri, 30 Apr 2010 12:12:00 +0000

With deepest appreciation, I'm happy to introduce Ernest Tucker as my guest writer today. Ernie's article introduces and explains the learning and memory technique of Mind Maps and how it benefits candidates preparing for CPA exams.

Mind Map example for CPA exam from CPAtwits.com

Mind maps are excellent at summarizing a lot of information into one place. By using connecting branches, colors, graphics and key words it can increase your memory. A single picture or word can increase your memory and increase your score on your exam. By just having a picture or word in your memory it can help you remember 5 or 6 important points.

Researchers Mastroieri and Scruggs have eight guidelines for improving memorization:

1. Increase Attention.

Students will not remember something that they did not pay attention to in the first place. Be sure your students' memory problems are not really attention problems. Use strategies for enhancing attention, such as intensifying instruction, teaching enthusiastically, using more visual aids and activities, and reinforcing attending.

2. Promote External Memory.

Many things that need to be remembered can be written down, a practice known as "external memory." Practices such as keeping an assignment notebook and maintaining a student calendar can be helpful in remembering to do things. Unfortunately, external memory is usually of little use (ethically, anyway) on tests.

3. Enhance Meaningfulness.

Find ways to relate the content being discussed to the student's prior knowledge. Draw parallels to the students' own lives. Bring in concrete, meaningful examples for students to explore so the content becomes more a part of their experience.

4. Use Pictures.

Pictures can provide a memory advantage. Use pictures on the chalkboard or on the overhead projector. Bring in photographs or other illustrations. Show concrete images on videotape, when appropriate. If pictures are simply unavailable, ask students to create images, or “pictures in their heads."

5. Minimize Interference.

Avoid digressions and emphasize only the critical features of a new topic. Make sure all examples relate directly to the content being covered.

6. Promote Active Manipulation.

Students remember content better when they experience it for themselves (Scruggs, Mastropieri, Bakken, & Brigham, 1993). For example, rather than lecturing the class on the effect of weak acid (such as vinegar) on calcite, allow students to place calcite in a glass of vinegar and see for themselves.

7. Promote Active Reasoning.

Students remember better if they actively think through new information, rather than simply repeating it. For example, rather than simply telling students that penguins carry their eggs on the tops of their feet, ask students why it makes sense that penguins would carry their eggs on the tops of their feet.

8. Increase the Amount of Practice.

Students remember information better if they have practice using it more frequently. Use lots of review in your teaching; do not simply finish one topic and then never mention it again. Remind the class, and have students practice previous information frequently.

Mind maps address each of these guidelines to help your memorization and learning.

Tony Buzan is the originator of mind mapping and coined the term mental literacy. He was born in London and received double honors in psychology, English, mathematics and the General Sciences from the University of British Columbia in 1964. He is probably best known for his book, Use Your Head, his promotion of mnemonic systems and his mind-mapping techniques. In his book he describes the MMOST technique (Mind Map Organic Study Technique).

MMOST is divided into two parts (Preparation and Application):

I. Preparation

a. A quick browse through the book to get a feel for the way it is organized

b. Defining limits on how long you will work for and how much you will study

c. Mind Mapping what you already know about the subject

d. Asking questions and setting goals. This will help you define exactly what you want from the text in the book. When you do this you will find that words, diagrams, and paragraphs will stand out more to you while reading.

II. Application

a. Overview. Look at the table of contents, major headings, illustrations or graphs, and any other important information that catches your eye.

b. Preview. Your focus should be on the beginning and end of paragraphs, sections and chapters. You should also look at the summary and conclusions. Pay close attention to the text, diagrams, etc that you defined when you set your goals.

c. Inview. Fill in the blanks from the Overview and Preview by looking at specific parts of the book. Remember to only select what is useful as defined when you set your goals.

d. Review. Go back over the difficult areas you may have skipped and to answer any remaining questions or to reach any goals you set.

e. Mind Mapping

f. Continuing Review

By creating a mind map it assists with studying by forcing you to review the course material and increases memorization by writing down key words and drawing it on a map.

For tips on how to draw your mind map watch these YouTube videos below or do a search on the internet.

Keep your mind map where it can be seen and review often to assist with your memorization. Redraw your mind map in the same format as before. If you practice redrawing your mind map it will help with your memorization and eventually you will be able to redraw from memory.
Additional resources:

List of MindMap software

My personal software recommendations:

XMIND and FreeMind

Ernest Tucker has over 15 years in the Information Systems field and is currently a Network Supervisor for a local hospital. He also offers computer consulting in his spare time. You can find Ernest here and here.

Donna, Please tell us which material you used & how to prepare for regulation -Jen

noreply@blogger.com (Unknown) — Tue, 27 Apr 2010 14:05:00 +0000

I used Becker materials (Online & CD-ROM course, Pass Master, flashcards, and Final Review product) to prepare for each section of the exam. This sounds like a lot, but they all work together. Becker’s online course is a duplication of their CD-ROM course (without simulations and practice exams) but allows access to materials anywhere you can access the internet.

How to use the materials for success:

• Actively view each lecture topic by highlighting important parts of your book & flashcards and taking notes & making flashcards if you didn’t purchase them. Use Strategic Learning techniques.

• Pause the lecture for a short break roughly every 20 minutes to get up and stretch, run up and down some stairs, take a few deep breaths, or drink some water.

• Following each lecture topic, immediately do the MCQ for that topic until you achieve 100%. If the MCQ stump you, move to the next topic (view lecture and work MCQ again on another day if you have time). Remember, not everything you study will be on the exam, don’t sweat it.

• The next day, review your flashcards for the section just completed. Carry them with you at all times, so you can memorize them. Memorization is critical to success on exam day!

• Work every simulation for a chapter before beginning the next chapter. Focus on the written tab, as your performance here can earn up to 10 points on your exam.

• At the end of each week, review flashcards from earlier weeks.

Once you’ve completed all chapters, spend two weeks on your final review. Re-work all MCQ, paying attention to time; memorize flashcards; work at least two uninterrupted and timed practice exams; prepare & memorize a data sheet to produce on scratch paper at the exam station.

Thanks for asking, Jen. I’ve listed the basics here (see my blog at http://dh2bcpa.blogspot.com// for additional study tips and advice). If you have further questions about my techniques, just ask. :D

Here's another great resource for passing the regulation section of the CPA exam from Going Concern.

Your Study Zone

noreply@blogger.com (Unknown) — Fri, 23 Apr 2010 03:19:00 +0000

Each CPA candidate has different circumstances, living arrangements, and requirements for focus. I found the workstation I used at home during undergrad study to be inadequate for graduate classes and CPA exam prep, perhaps due the volume of material to memorize, time constraints, or because it was in the middle of many distractions. I set out to study at the library, but found it too distracting (not everyone obeys the "quiet" signs). Coffee shops are also too busy for me to get much studying done.

I have no office space at home, so I had to be creative. After a few failed locations, I settled into a corner of the basement (see photo). The table faces the wall, with a window to the right for sunlight. With my back to the room, I was not distracted by others when wearing earplugs or listening to lectures.

When preparing your study zone, aim to:

minimize the possibility for distraction, physically or with earplugs and chair orientation.
acquire good seating, but not too comfortable. Consider a balance ball, for about $10 at discount stores you will help develop your core and stay awake or fall off. According to a chiropractor I know, bouncing helps move spinal cord fluid, which is good for the brain. I used one extensively.
provide good lighting and fresh air. I opened the window a bit, even in winter.
allow adequate room for: computer, calculator, study guide, extra pens and highlighters, notepaper, flashcards, candy/nut dish, and water bottle. I used a 5" folding table and a set of plastic drawers.
utilize wall space for taping up your calendar and important info, or use a bulletin board/white board
include items that will keep you calm, positive and motivated, such as a table fountain, salt lamp, citrus-scented candle, plant, crystal, or photo of the dream car you will own when you're a CPA.

Donna's Study Zone

P.S. After I took my last CPA exam, I dismantled the study zone. :D

How much time does it really take to pass all 4 parts of the CPA exams?

noreply@blogger.com (Unknown) — Wed, 21 Apr 2010 15:44:00 +0000

Be honest with yourself when planning study time. Can you dedicate 25 focused hours a week or 12? If you spend 4 hours every weekday with an additional 5-10 hours on weekends, you’ll have 150 hours of study completed in 6 weeks. Use that guideline for each exam and you’ll need about 6 months, barring major interruption or life event.

Personally, I spent 6 intense months preparing and passing pass all 4 exams, 5 of those as a full-time MBA student. I began the CPA exam process in mid-July. I became exam-eligible and took 3 exams in November, followed by a study break during most of December and January. I re-dedicated my efforts in late January and took my last exam at the end of February. This is the plan that worked for me. The plan that works for you will reflect the time YOU are able and willing to dedicate.

Scheduling CPA exam prep time

noreply@blogger.com (Unknown) — Wed, 21 Apr 2010 15:13:00 +0000

Learn, practice and review... all with a busy schedule? Yes, you can do this. I applied many of the Strategic Learning methods with great success during my preparation for the CPA exams. I prepared using the Becker CPA materials, including the instructor-moderated online course, CD-ROM course with PassMaster, full flashcard set and Final Review product for all four exam sections. Regardless of your choice in preparation materials, success comes from learning, practicing, and reviewing every day.

One of the most important aspects of preparing for the exams is cyclical review, but few students plan for this. I've included my FAR learn, study and review calendar for your reference below; I followed this to the letter to prepare and pass FAR. In my schedule, two new chapters are covered each week, with weekly reviews of earlier topics conducted on Sundays. This schedule assumes roughly 4 hours of prep time daily. I’m happy to answer questions about scheduling your prep time (post in comments).

Which order should I take the #CPA exams in?

noreply@blogger.com (Unknown) — Wed, 21 Apr 2010 13:55:00 +0000

Option 1: Consider your strengths. Customize your exam order to begin with areas of greatest knowledge. The goal with this approach is to build up confidence while progressing through each exam section. For example, if IT and business concepts are your strong point, start with BEC. If taxes are a breeze, begin with REG. If you are the guru of GAAP & GL entries, take FAR first. If you know GAAS inside and out, begin with AUD. When you prepare for your most worrisome exam, you will have taken three exams and be most comfortable with exam format, timing, and the Prometric process; your prep time can focus fully on material.

Option 2: Focus on your weakest areas to overcome fears. This approach times the candidate’s 18-month window to begin once the most challenging exam is passed, minimizing the chance for expiration of passed exams. Many suggest taking FAR first, because it has the greatest volume of topics and certain topics apply to other areas.

Personally, I prefer and applied option 1. This approach worked well for me and I believe people enjoy greatest success when focusing on strengths.

I graduated with honors. Why can't I pass the CPA exam?

noreply@blogger.com (Unknown) — Wed, 21 Apr 2010 01:47:00 +0000

Clearly, academic ability is generally a benefit in life. A student who understands the expectations, has aptitude, and strives to meet those expectations can generally be successful in school, enjoying additional success in life. However, academic courses are short-term in nature and long-term retention is not every student's focus.

Many students know how to complete assignments and study for upcoming exams, meeting the immediate requirement for the desired grade. However, students often fail at long-term retention of details because focus shifts to the newest assignments after a chapter, topic, or term is over. Tutors refer to this as the "glib student." If this sounds familiar, there is hope. Long-term retention can be achieved with proper learning, study and review techniques.

Perhaps you were never taught how to learn, study and review to achieve long-term retention. The Academic Skills Center at Dartmouth College offers excellent resources for Strategic Learning, time management, notetaking, reading improvement, and stress management. Time is well-spent viewing this short video and using the proven techniques. If you have an excellent academic record yet struggle with the CPA exams, improving your learning, study and review techniques may be just what you need to pass the CPA exams.

When is the best time to study for the CPA exam?

noreply@blogger.com (Unknown) — Mon, 19 Apr 2010 15:40:00 +0000

This depends on your schedule and preference. Your goal is to study frequently, EVERY day. Use a single block of hours, many 15 minute power bursts, a marathon-study weekend, or any combination of these approaches. Start the day studying to take advantage of a brain that is fresh, alert and ready to learn or study in the evening to promote subconscious review during sleep. Study during your public commute might make it go by more quickly.

My favorite time to study was during and following a brisk walk, to take advantage of the increased blood flow to the brain. I set aside blocks of time each day to watch lectures, work MCQ and practice simulations at my computer. However, I was often seen flipping through my flashcards while in line at the grocery, in a doctor’s waiting room, and while a passenger in a car – each minute counts!

After intense study periods, take short “mindless” breaks, doing yard work, housecleaning, playing with your dog, resting, etc. These breaks allow your brain to absorb & solidify the most recent material and “make it stick” before adding new material. It is very helpful to set a schedule with goals for daily study time and record progress at day’s end. Be honest with yourself – does that hour of “study” during Survivor count? Each new day brings new opportunities and choices to help you pass the CPA exam.

What will your next CPA exam be like?

noreply@blogger.com (Unknown) — Sun, 18 Apr 2010 21:13:00 +0000

You decide! First think about it. Think about the specifics, the details. Now close your eyes and picture what it looks like. See it as if a photo on your desktop (see my example). Your brain is sharp, clear and efficient. You feel assured as you read and answer each MCQ. You are right on schedule. You remember details and click radio buttons with confidence. You respond to written portions with professionalism, clarity and proper grammar. You rock each exam and know it. This is not only how your CPA exams end, this is how they begin.

Welcome

noreply@blogger.com (Unknown) — Sun, 18 Apr 2010 17:29:00 +0000

…to my first blog. I never planned on blogging, but had several requests for a blog, so here it is.
If you're looking for commiseration, complaining, or excuses you won't find any here. I don't believe that's what any CPA exam candidate really needs.

What you will find here are the proven practices, study tips and encouragement I used to pass all four sections of the CPA exams on my first attempt. I'm sharing to help CPA candidates reach the goal of passing the CPA exams. I will endeavor to keep my posts concise - if you're preparing for an exam, you don't need to waste time reading a long blog post!