Friday, July 29, 2011

Study Progress this Week

So I received my Roger CPA Review Cram Course book for FAR. The book is huge and heavy – I was not expecting that from a Cram book! It is even thicker than my Wiley CPA Exam Review 2011, Financial Accounting and Reporting book!

The Cram is accessed online. Roger recommends you set aside time to watch the lesson. This is good for me since it forces me to make time to study and watch each section.

I watched the introduction and a few sections this week. I was so relieved to see that Roger discussed IFRS and the IASB Framework in general. He also spent a lot of time on the major differences between US GAAP and IFRS in financial statement presentation, revenue recognition, inventory, etc. There is also a great two and a half page chart in his Cram book which compares US GAAP vs. IFRS rules by topic.

I really like Roger’s teaching style. He has a lot of energy and really gets into the accounting topic instead of just reading directly from the book. His mnemonic devices are different than those used by the Yaeger course and the old Person/Wolinsky course I took many, many years ago (does anyone remember them? Nick Dauber and Co. sold the course to Becker in the early 2000s).

There are questions throughout the Cram book including multiple choice and task based simulation. The questions are at the end of each section plus recently released multiple choice and task based simulation questions in the back of the book from the AICPA. I need to do as many questions as I can find!

I was also snooping around Roger’s website and found the following helpful links:

- 3-, 6- and 9-month CPA Study Plans

- course breakdown outlines

- videos for each section and the CPA Exam in general

- and the coolest one is a link to Quizlet which has many ready-made Flash Card sets. I searched for CPA FAR. Enjoy!

Let me know how your studying is going!

4 comments:

  1. Study plans are a Good Thing. Posting my study hours on my blog each week kept me at it when I wanted to quit. (It's like getting points in a computer game. It's not really "fun" doing some of the repetitive computer game tasks, but you get sucked in because if you juuust get a few more points... you'll be at the next level!)

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  2. Kellen, that's a great example! I am going to look at it this way from now on. Thanks!

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  3. I'm glad to see you have a plan and you're sticking to it. I took the the Becker Review Course live back in 2004. The live course forces attendance and accountability(pun intended). Without that seat-in-seat requirement, I'm sure I would have procrastinated my studying.

    Anyway, some support from a fellow accountant.

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