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Everyone is different. We all think and learn in slightly different ways. The CPA Exam is a standardized test so while we are all required to learn the same material we can go about it in a slew of different ways.
I am going to talk about the formula that has worked for me and hopefully other people won't have to make the same mistakes I did along the way.
First off, it's important to realize, there are no shortcuts for passing the CPA Exam. You've got to cover a lot of material and it would be cool if we were like Neo in the Matrix and we could just upload everything into our brains but real life doesn't work like that (yet). So it takes hours of practice. If you're like me and you have to work full time, you have to fit those hours into your busy life. Here's how I did it:
1. Roger video lecture cram course. Lets face it, Roger Phillips is the best lecturer out there right now. His combination of experience, humor, and motivation make his lectures super useful in conquering some of the more complex exam topics (think AMT). His cram course is only a couple hundred bucks.
2. Do Thousands and Thousands of MCQ's using one of the many CPA Exam Test Banks that are out there. Find a CPA Test Bank that you feel comfortable with and just go to town on it. Do all the questions they have available until you know them by heart, then move an to another one. I chose CPA Exam Bank because of the low monthly fee (just $5 with the promo code I had).
3. Audio Lectures are relatively inexpensive and since I spend about two hours a day on my commute they served as valuable reinforcement to some of the concepts I was learning. I'm sure this added about 5 points to my score.
4. Surround yourself with like-minded people. Chances are, your friends and family aren't as interested in the CPA Exam as you are. Find people who are. Forums like www.CPAExamClub.com are a great place to find other people who are just as determined as you. Synergy and symbiosis abound!
That's it! It's as easy as 1-2-3-4! I have been passing all my sections since I started using this approach and my last one is on Monday, I feel pretty confidant that I'll pass that one too. I'll let you know how it goes. Good luck!