I've enrolled in Capstone 1 which will take place in May. That's 4 months away from the CFE.
So if you're already aware, Capstone 1 prepares you for Day 1 of the CFE. The CFE is a 3-day exam.
Since I've started this blog I've come to understand a few new things.
1) There is such a thing as a CFE Gold Medalist. And I'm not surprised to hear that multiple medalists were just aiming to pass. Personally I didn't aim to pass the exams leading up to the CFE. I aimed to be the best! And putting my time and effort into being the best helped me pass. I think anyone who writing the CFE should aim to be a gold medalist. Let's ensure our "pass" people! I don't think anyone would should aim to just pass so here's the mindset: GOLD MEDALIST. Now what does that mean? Here's an example of what one gold medalist's study schedule was like: 3 months before the exam they studied from 8 AM to 4 PM sharp. They left time to exercise and time to relax on weekends. They also worked in Public accounting. So, there's 1 example. In all the other gold medalist examples I read, a lot of them had people from their accounting firm giving them feedback on the cases they wrote. So have someone to give you feedback! Preferably someone similar to those actually marking our CFE exams.
2) As I said in my last post: have a Lean Manufacturing approach: Get all your distractions out of the way and get focused on that exam! If there's something you think you'll need to get done before the exam date (get it done now, so you can focus your efforts later).
So, that's all for now. Sooner or later I'll be reporting back here on my journey to pass the CFE. I'll do my ultimate best. That's generally what's been working so far. So let's aim to be a CFE Gold medalist shall we? :)
Tuesday, 1 March 2016
Monday, 22 February 2016
February 22, 2016
I'll be writing the CFE on September 21, 22, and 23. That's 7 months away. So I'm going to keep a log of some of the training I do to prepare for it.
I've already removed some big distractions in my life. So I'm going for a lean manufacturing approach to passing this thing.
I don't want to look back and say: I wish I tried MUCH harder. I'm going to give it my best. I know it will hurt. Other areas of my life. But if I pass it, then good things will come. So it's best I actually take the necessary steps to meet CPA's standards.
The first step: Enroll in Capstone 1. I have exactly 2 weeks left to enroll in Capstone 1. I'm going to pay off some credit card debt, and then charge that baby back up with the Capstone 1 fee later today!
Hope I work hard readers! Peace!
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