Updates

I did finish studying all the units in the costing section. However, I have not been able to finish all practice questions. I have decided to continue with the Business Structure section, which comprises of about 20% of the exam. I have some background on the subject so decided to finish this one as it would be a refreshing one from the costing section( I hate that part). I took the T/F section after doing the online presentation and got around 70%, which I think is quite ok. I will finish studying the chapter and then take the MCQ quiz #1, and after I finish the question on the software, will go ahead and take MCQ quiz#2. I hope to get scores above 75%.
Please do advice me, if you think there better ways of approaching this beast.
Bebo

Cost Accounting

This is the part I am going to start with and not the finance part as I had earlier decided. I just had a cost accounting course last semester, so might be able to finish it off fast, also it covers more percentage in the exam than the finance part. As you all know I will be following Gleim, (book, online, and the software) . The cost accounting part in Gleim is divided into 5 subunits:

• Planning and Budgeting
  
• Business Performance
• Cost Behavior and Definitions
• Product Costing and Related Topics
• Standard Costs and Variance Analysis.
  

I started with the planning and budgeting subunit. In terms of knowledge, there isn't anything that would required a tremendous amount of learning (with my background). The text book does a good job in explaining. However, there is quite a bit of remembering required. That's the sad part :( . I don't think I will spend a lot of time studying the forecast analysis techniques, other than just know what each are.
I just finished studying and will be taking the T/F and Quizzes shortly and will update how it went.

A Very Happy New Year !!!

A Very Happy New Year to all of you fellow CPA candidates. I have been tied up with some personal issues and also was off with the family for a mini vacation. Now that I am back and plan to finish off the whole CPA thing by the end of this year, I am putting in as many CPA study hours as I can. Avg. 5-6 hrs a day.