While the Mock exam was very thrilling, boy was it tough!!!!
I honestly took the whole day to do the Day 3 portion of the CFE... They want us to do all this stuff in 4 hours?!? And they think it'll take 3 hours? I guess you have to be a walking brain to be an accountant? or a cyborg. I bet they perform their calculations in split seconds...
Alas, I'm just kidding around... I truly do believe that I can do this, and that anything is possible...
I really enjoyed writing the Mock CFE exam... It was pretty damn tough... I have to say...
Now that the deadline is passed. There is a lot stuff that I wasn't able to do. Especially for the Day 2 exam as well as the last day 3 portion of the mock exam... I'm actually quite scared that CPA will say, Oh you didn't reasonably attempt the both portions... I did my ultimate best. I thought I had a damn near perfect answer for the 1st day 3 case... But the 2nd one was a bit worse and the third one was really tough...
I think the hardest part of writing the CFE exam is to write it competently and within the time limits specified.
I need to get better. I feel like my assurance skills are lacking. Like every assurance question looks daunting to me, so that's an area, I really need to brush up on....
I'm REALLY hoping they allow me to stay in the program. I would be really upset if I had to give up. Honestly, this shit is so tough, that I've been using the solutions they gave me extensively to write up my solution. HOWEVER, I haven't been copying anything. I've been understanding things the way they see it. It's not like they know we aren't looking at it. THEY GAVE IT TO US THEMSELVES. It's just really hard. I think it's important to look at the solutions as much as possible when you're first starting out. Otherwise, you're gonna have very little progress, and to be honest, you won't be changing your thought patterns. Absolutely no improvement will be made. BUT when you do look at the solution, I tend to say HEYYYY that's a good point. Or you know I think that's true, but I would say this instead. Other times, I don't even agree with the solution, so I won't put it in my response, because I like to understand everything I'm putting in. SOoooo, I have a lot of room to improve... I'm just hoping I can do it in 1 months time and I'm hoping that they let me continue to try and do so.
Now that the mock CFE is over... I feel very relaxed. Before I was like OMG I HAVE NO TIME... I gotta hand it in. I Gotta get it done! and I think that (as I've said before, for sure). A sense of urgency is a powerful thing. Especially when real exam scenarios will have that sense of urgency... So I suppose I can set some due dates for myself...
Another point is... I tend to remember the most recent cases first. And the oldest ones faintly. That being said, it's generally easier to learn a more recent case, than an older case. So I think it'll be really helpful, to debrief the Mock CFE and then work backwards. However, I do need to learn how to write within time limits... That is an insanely important skill, otherwise, I'm totally screwed. So I might get SUPER into this Mock CFE case that was given to us.
Disclaimer: I am not talking about the content of the CPA cases. I'm literally talking about the materials they give us. This all information that you can find online. Just saying, since I'd rather not have CPA run after me saying I disclosed some secret information. The candidate guide is on the net. Anyone that knows how to use google can find it. So, no one should have anything against me unless they hate my blog writing style, in which case you probably just shouldn't read my blog haha. Let's keep our distance *WINK!*... Hahaha.... *Siiiigh* man that was hefty study day... My set up is pretty intense... I like it.
I got a super sweet organizer to my right. I got another computer to my left... I honestly don't think I'm going to need a back up laptop... In case I do, I'll probably just borrow my sisters for 3 days (i.e. the CFE days and just use it for those days...
how many days are in august? 31!!!!! YESSSS! LOL that means i got
22, 23, 24, 25, 26, 27, 28, 29, 30, 31 <-- 10 days
+ 20 additional days in september to study for the CFE
OH man... Like honestly, there's no advantage to worrying about it. You just have to do your best. And yeah. You just gotta do your best...
The time now is 3:27 AM... Yayyy I'm not alone :) my ex misses me I think. I miss her a lot too. I sleep holding the hat she gave me. I'm kinda upset that I took back everything that I gave her... IT'S COMPLICATED, OKAY!? She told me she's leaving the country... That's cool, I mean... I'm glad she told me because it shows me she cares to tell me. And I've told her before I'd like to know when she's leaving. I was under the impression that she found someone else, so I was kinda like... Oh okay. I'm totally alone....... :S this sucks lol butttt I may not be the most handsome dude, but I'm like a deaf frog. I will keep jumping even if you tell me not to. In other words, I don't mind getting rejected.
SO, I think I should go to sleep. It's late... I'm not very sleepy but I know my body would appreciate it.
During the day I took a 15 minute break where I just hit a soccer ball with my baseball bat, and then I did some pull ups on a nearby swing set. Then I biked for a bit and then I ran holding my bike for a bit. I am one of thee biggest fitness freaks you will ever meet (e.g. search on youtube bboy crosel). The point is I'm very athletic. I have a propensity to be an amazing athlete, but my whole life I've been in school, so I like to think I'm a force to be reckoned with mentally as well as physically. That being said, I really can't 1000% ignore my bodily needs (e.g. good food, I need healthy food. I need some exercise if I'm feeling constipated or something) Other than that, I can go without exercise. It's not a big deal. But you know it's a sacrifice, I'm willing to make.
I don't wanna get sick, so I'll head to bed. G'nyte readers. I will update you on my progress in the near future. I literally spent at least 12 hours today studying. maybe even 15. I'll try to wake up as early as I can... and just STUDYYYYYYYYYYYYYYYY ttyl!
2:11 PM - I suppose I'm somewhat well rested. I've been up since 12 eating and taking are of random house chores. Time is flying :( Okay but I can do this...Some feedback I got from my case writing was:
I need to use point form to reach their competency requirements. And I need to become a better planner in terms of timing, so that I can hit all the issues asked for. hmmm... 'kay, reasonable feedback!
I really want to make use of today. Every day counts!!! <-- lol I did very little studying today... But I did make use of it to some degree. I bought a new tooth sonicare toothbrush. My old one was getting really slow. I'm still gonna use the old one for brushing my gums (cuz it's weak and gums are so precious..... lol), but the new one is needed for getting plaque off my teeth. I also helped fix the washing machine, so I can finally stop wearing old underwear! KIDDINGGGGG... I spent a lot of time with my family. I played with my nephew, ate and talked with my parents and siblings. Ate a lot of healthy food <-- which I needed because I've felt very sick for a while. Paid off a credit card bill owing... I'm actually quite tired! brb!
Monday, 22 August 2016
Sunday, 21 August 2016
August 21, 2016
The time is 2:22 AM and I need to do the day 3 portion of the (Mock) CFE.
There is a noble idea that some people don't act selfishly. They act in the best interest of others.
Even in a perilous situation...
For example, right now, I really don't want to work the entire day...
On the other hand, it's a great opportunity to learn! And become skillful!
And my emotions tell me I'm lonely (I really miss my ex), someone might be hitting that right now :S yikes! LOL... okay, none of my business....
what is my business, is the day 3 exam. Let's follow best practices and STEP UP!
Here's a case writing tip: DRESS appropriately according to temperature. During the module exams, CPA would put us in these SUPER COLD gyms. The only time I ended up failing a CPA exam was when I didn't study very hard, and I didn't dress appropriately I wore a T-shirt in a FREEZING room. So BRING layered clothing no matter what!!! In fact, I'm going to go put a few layers of clothing in my school bag right now. That's how important it is. Furthermore!!!! When I'm studying, I tried to replicate exam scenarios by wearing a long sleeve + pants... Are you guys aware it's summer. I've been sweating my ass off pretending it was cold!!! So what I do now is I just wear shorts when I'm practicing. Sometimes even boxers (it gets hot in my study room).
There is a noble idea that some people don't act selfishly. They act in the best interest of others.
Even in a perilous situation...
For example, right now, I really don't want to work the entire day...
On the other hand, it's a great opportunity to learn! And become skillful!
And my emotions tell me I'm lonely (I really miss my ex), someone might be hitting that right now :S yikes! LOL... okay, none of my business....
what is my business, is the day 3 exam. Let's follow best practices and STEP UP!
Here's a case writing tip: DRESS appropriately according to temperature. During the module exams, CPA would put us in these SUPER COLD gyms. The only time I ended up failing a CPA exam was when I didn't study very hard, and I didn't dress appropriately I wore a T-shirt in a FREEZING room. So BRING layered clothing no matter what!!! In fact, I'm going to go put a few layers of clothing in my school bag right now. That's how important it is. Furthermore!!!! When I'm studying, I tried to replicate exam scenarios by wearing a long sleeve + pants... Are you guys aware it's summer. I've been sweating my ass off pretending it was cold!!! So what I do now is I just wear shorts when I'm practicing. Sometimes even boxers (it gets hot in my study room).
Saturday, 20 August 2016
August 20, 2016
Watch and LEARN!
The above is a video interviewing Steve Ballmer. Ballmer has more shares of Microsoft than Bill Gates. The shares are easily worth billions of dollars. That isn't to say Ballmer is a genius; that's clear. But I REALLY like what he has to say.
Alright...
So I spoke with a CPA Facilitator and they said because I did my work early. I should aim to finish off my work by today, it should be fine. But since no revisions are allowed I have to start from scratch. No problem. So if I want to get ahead, I need to start well before 9:55. The time now is already 5:55. Leaving me 4 hours of study time. Let's rock the day :)
I ate a ton of fruit. As well as some All-bran + walnuts + almonds + raisins. Then I had some more grains + berries in the form of granola bars. I hope my stomach is somewhat happy lol It was feeling rather upset earlier. I'm going to wash my hands and rest a teeny bit.
The above is a video interviewing Steve Ballmer. Ballmer has more shares of Microsoft than Bill Gates. The shares are easily worth billions of dollars. That isn't to say Ballmer is a genius; that's clear. But I REALLY like what he has to say.
Alright...
So I spoke with a CPA Facilitator and they said because I did my work early. I should aim to finish off my work by today, it should be fine. But since no revisions are allowed I have to start from scratch. No problem. So if I want to get ahead, I need to start well before 9:55. The time now is already 5:55. Leaving me 4 hours of study time. Let's rock the day :)
I ate a ton of fruit. As well as some All-bran + walnuts + almonds + raisins. Then I had some more grains + berries in the form of granola bars. I hope my stomach is somewhat happy lol It was feeling rather upset earlier. I'm going to wash my hands and rest a teeny bit.
JUMPING ON THE OPPORTUNITY SIDE OF THE SCALE
Now, I'm not a professional that does audits yet. But the way I see it is this:
There is a giant scale (almost the size of a diving board): The left side of the scale is red and represents risk, the right side of the scale is blue and represents opportunity.
This diving board like scale is where an accounting firm (that does audits) has to position itself.
It will either incur the risk of having a lawsuit filed against it.
Or it will have the opportunity to make lots of money.
Where the accounting firm positions itself depends on probably many factors, but the main factor in my opinion would be COMPETENCY.
Getting competent at auditing will put you on the opportunity side of auditing.
You are always on one side of the scale.
But if you don't use your time to learn about all the ins and outs of providing reasonable assurance, then you will end up falling towards the risk of lawsuit side.
So it's really important to LEARN!
You all know how easily a scale tilts right? I think it's the same way. This was a good analogy to motivate me to study hard. I hope it helps you too :)
Peace out! Gonna go study auditing a lot.
Friday, 19 August 2016
August 19, 2016
I'm going to aim for this:
so the day 2 exam for the CFE is 5 hours long = 4 hours of real work and 1 hour of planning time
and the day 3 exam for the CFE is 3 exams each 60-90 minutes long = about an hour of work and a few minute for planning <-- BASICALLY.
That being said I will want to dedicate approximately 3.5 times as much time I have in the next 24 hours for the day 2 case I need to hand in, in comparison to the day 3 case I need to hand in...
so if you could divide the day into 4.5 parts and then allocate 3.5 parts to day 2 studying and 1 part for day 3, what would you get?
You'd get:
24 hours *3.5/4.5 = 18.6667 hours for the day 2 portion
24 hours *1/4.5 = 5.3333 hours for the day 3 portion
That being said I will work on the day 3 case first. And I will finish before 5:20 AM and I will not go beyond 5:20 AM.
Then I will work on the day 2 portion. And I will finish before 12:00 AM the following day and I will not go beyond 12:00 AM the following day...
Seems intense right? THAT'S BECAUSE I AM!
Okay, let's start cuz that's what winners do baby ;)
P.S. I've been using BOTH sticky tack and a small portable shelf manage my work space. I can't say it's WAY better than a small expensive drawer for organizing all the different documents they (i.e. CPA) gives us. However, my method is super cheap! Yet practical! The only downside is that sometimes when you leave cases on your wall for a while, they tend to rip off a bit. But if you use sticky tack AND a small shelf, the small shelf mitigates the number of papers you have to sticky tack against a wall. :) Okay, I'm satisfied with that. Peace, ttyl blogger!
It's 3:20... I've only finished 1/4 issues I need to do and there's only 2 hours to go until I should be done my day 3 case... NOW normally, I would have taken a break. For example, go watch TV while I eat. Instead I'm just letting you know: I'VE GROWN! :) I'm forgoing the break for more time to do my exam.
Oh man, I got some super sweet techniques with the sharpkeys program. I have literally learned to open and close the pdf viewer within 1 second as opposed to the: let's think about clicking over here, then there. Okay it's not a huge time saver, but it DEFINITELY a time saver. I just use keyboard short-cuts and then I lined them up using the F1, F2 keys and it's literally bam, bam, bam, bam, bam! <-- in that fashion lol I have given you the gist of the idea, you'll have to figure it out on ur own :P
I also figured out how to make any of my quotes look readable!!! I used to have to do this time wasting backspace, space, forward key thing. Now it's all done in a second bam, bam, bam! <-- in that fashion with my F12, F11, F10 keys... This isn't cheating btw, it's innovative thinking! I'm basically just using keyboard shortcuts in a cool way. Saves time. Me like. Also makes my work look better <-- which tells the reader of my work: okay this guy is not messy, so I can trust his work. Know what I mean? anyways...
What else Oh man... I learned a lot:
- not to spend time planning. I found it to be a waste of time for the day 3 cases. All my planning is when I write the memo. And I'm allllllways tight on time. I will plan while I read. You know what I mean? I will also think as I read. I do that anyways!!! I know some gold medalists emphasize planning, but what works for one person doesn't necessarily work for the next.
- oh the granola bar is kinda of chewy... Last thing I want to do is spend 30 seconds chewing a freaking granola bar. I'd rather eat a muffin. It also sticks in your teeth!!! GUH!!!! "Ain't nobody got time fo dat!"
other tips for myself:
- don't let my mind wander.
- focus on literally copying out case facts; similar to a typing test <-- you can't copy and paste these because they're on a physical paper! While it doesn't add value to literally copy out case facts, if you couple a case fact with an implication it suddenly adds value. Try going to keyhero.com My Avg. Speed was 77.32 WPM and Avg. accuracy was 92.09%. I generally type anywhere from 70 to 90 WPM and honestly... I think that's slow for what's needed for the CFE! JHEEEEZ!
- speak my mind as i go through the case, otherwise I waste time. For example if you see a connection talk about it. Obviously within the format that is expected for example if you're supposed to identify an issue, you can say: There is an issue associated with BLAH. that kind of thing... I just find that I get carried away with looking at all the text surrounding an issue, it's very easy to get caught just reading, because there is so much to analyze!!!
Alright, back to work peace out. Next time I won't be taking a break here... Which is basically what I did.. Damnit!!!
I'm not joking around when I say what motivates me and what I share regarding what makes a winner a winner. I can definitely see myself passing my pain threshold... I would much rather be playing a video game or watching tv. But truly: no pain, no gain. And IF YOU WANT TO COMPETE AT A HIGH LEVEL, YOU NEED TO DO HIGH LEVEL TRAINING. OTHERWISE YOU'RE NOT COMPETENT, YOU SIMPLY HAVE CONFIDENCE WITHOUT COMPETENCE.
Key factor in increasing your speed: Do the easier stuff first! By getting stuck on a required case element, you are effectively bottlecapping your productiveness. Seriously though... As I've said before, success breeds success. And by accomplishing a few of the easier Required's, you are increasing your chances of passing! You also rule out what the other required's are not referring to.
I also wanted to mention that I'm grateful to my parents who worked incredibly hard to give me an easy life. Growing up I didn't NEED a job. I just focused on my passions, which was awesome. The point is: I need to work hard NOW, to follow in my parents footsteps and give my kids an opportunity to just focus on their passions.
Here are 4 key life lessons from a recent talk that Jacob Barnett gave :
- Keep an open mind
- Don't work alone
- Ask lots of questions
- Learn, then rebel
It's 2:13 PM - still not entirely done the day 3 case, but it will have to wait. Day 2 case is a mock CFE so it needs to take precedence! Time to clean up! for now....
8:39 PM - I used the day to sleep, eat, go out and buy a new 10 drawer shelf... Yahoo! I was feeling sick. Okay... I need to use every second to focus on completing the new day 2 case because it's Mock case.
"NOTE FROM FUTURE SELF: I DID THE DAY 2 CASE 1 DAY EARLIER THAN I WAS SUPPOSED TO........ and I didn't feel like I did a great job, so maybe they'll let me adjust it! Let's find out."
This is a mock CFE day 2... So you need to get good at time management. A perfect opportunity to test yourself for the REAL cfe. *talking to myself here* So what I need to do is:
- Read up on all the materials given. Read them as many times as you can.
- Stop preparing by 9:30 PM
- You'll have 5 hours to write the darn thing. So that means you will stop at 2:30 AM.
Then I still have a bit of day 3 stuff to do. That will give me 1 hour and 25 minutes to do a comparative analysis needed as well as some "review" stuff. It's in quotations because it's not review in the general sense but in the providing moderate assurance sense. I think I should finish off the day 3 stuff first and then work on the day 2 stuff with real time restrictions.
9:05 PM - executing the plan I just talked about in the last paragraph ^^^
2:15 AM - just finishing the rest of my day 2 case before I hand it in. There's a lot missing but then again, i'm comparing it to a solution that wasn't written in the time constraints... HOWEVER...
That doesn't mean sh!t... No one is going to give you your goals on a silver platter. You need to be vicious till the very end. Time to show your fangs and dive in as far as you can. I'm a beast in the mind, body and soul!
I was able to finish the MOCK CFE case... however I only attacked one and a half of the assessment opportunities for my area of focus (i.e. assurance)!!! Man, financial reporting was so long!!!
I'm seriously feeling like... I NEED TO FIND THE MAGIC PILL! THE MAGIC PILL THAT WILL SPEED UP MY exam writing process. <=== lol @ magic pill. Highly highly doubt there is one.
It's only August 20th. I have at least 30 days to master the cases that I've been given.
My motto: anything is possible under certain conditions.
so the day 2 exam for the CFE is 5 hours long = 4 hours of real work and 1 hour of planning time
and the day 3 exam for the CFE is 3 exams each 60-90 minutes long = about an hour of work and a few minute for planning <-- BASICALLY.
That being said I will want to dedicate approximately 3.5 times as much time I have in the next 24 hours for the day 2 case I need to hand in, in comparison to the day 3 case I need to hand in...
so if you could divide the day into 4.5 parts and then allocate 3.5 parts to day 2 studying and 1 part for day 3, what would you get?
You'd get:
24 hours *3.5/4.5 = 18.6667 hours for the day 2 portion
24 hours *1/4.5 = 5.3333 hours for the day 3 portion
That being said I will work on the day 3 case first. And I will finish before 5:20 AM and I will not go beyond 5:20 AM.
Then I will work on the day 2 portion. And I will finish before 12:00 AM the following day and I will not go beyond 12:00 AM the following day...
Seems intense right? THAT'S BECAUSE I AM!
Okay, let's start cuz that's what winners do baby ;)
P.S. I've been using BOTH sticky tack and a small portable shelf manage my work space. I can't say it's WAY better than a small expensive drawer for organizing all the different documents they (i.e. CPA) gives us. However, my method is super cheap! Yet practical! The only downside is that sometimes when you leave cases on your wall for a while, they tend to rip off a bit. But if you use sticky tack AND a small shelf, the small shelf mitigates the number of papers you have to sticky tack against a wall. :) Okay, I'm satisfied with that. Peace, ttyl blogger!
It's 3:20... I've only finished 1/4 issues I need to do and there's only 2 hours to go until I should be done my day 3 case... NOW normally, I would have taken a break. For example, go watch TV while I eat. Instead I'm just letting you know: I'VE GROWN! :) I'm forgoing the break for more time to do my exam.
Oh man, I got some super sweet techniques with the sharpkeys program. I have literally learned to open and close the pdf viewer within 1 second as opposed to the: let's think about clicking over here, then there. Okay it's not a huge time saver, but it DEFINITELY a time saver. I just use keyboard short-cuts and then I lined them up using the F1, F2 keys and it's literally bam, bam, bam, bam, bam! <-- in that fashion lol I have given you the gist of the idea, you'll have to figure it out on ur own :P
I also figured out how to make any of my quotes look readable!!! I used to have to do this time wasting backspace, space, forward key thing. Now it's all done in a second bam, bam, bam! <-- in that fashion with my F12, F11, F10 keys... This isn't cheating btw, it's innovative thinking! I'm basically just using keyboard shortcuts in a cool way. Saves time. Me like. Also makes my work look better <-- which tells the reader of my work: okay this guy is not messy, so I can trust his work. Know what I mean? anyways...
What else Oh man... I learned a lot:
- not to spend time planning. I found it to be a waste of time for the day 3 cases. All my planning is when I write the memo. And I'm allllllways tight on time. I will plan while I read. You know what I mean? I will also think as I read. I do that anyways!!! I know some gold medalists emphasize planning, but what works for one person doesn't necessarily work for the next.
- oh the granola bar is kinda of chewy... Last thing I want to do is spend 30 seconds chewing a freaking granola bar. I'd rather eat a muffin. It also sticks in your teeth!!! GUH!!!! "Ain't nobody got time fo dat!"
other tips for myself:
- don't let my mind wander.
- focus on literally copying out case facts; similar to a typing test <-- you can't copy and paste these because they're on a physical paper! While it doesn't add value to literally copy out case facts, if you couple a case fact with an implication it suddenly adds value. Try going to keyhero.com My Avg. Speed was 77.32 WPM and Avg. accuracy was 92.09%. I generally type anywhere from 70 to 90 WPM and honestly... I think that's slow for what's needed for the CFE! JHEEEEZ!
- speak my mind as i go through the case, otherwise I waste time. For example if you see a connection talk about it. Obviously within the format that is expected for example if you're supposed to identify an issue, you can say: There is an issue associated with BLAH. that kind of thing... I just find that I get carried away with looking at all the text surrounding an issue, it's very easy to get caught just reading, because there is so much to analyze!!!
Alright, back to work peace out. Next time I won't be taking a break here... Which is basically what I did.. Damnit!!!
I'm not joking around when I say what motivates me and what I share regarding what makes a winner a winner. I can definitely see myself passing my pain threshold... I would much rather be playing a video game or watching tv. But truly: no pain, no gain. And IF YOU WANT TO COMPETE AT A HIGH LEVEL, YOU NEED TO DO HIGH LEVEL TRAINING. OTHERWISE YOU'RE NOT COMPETENT, YOU SIMPLY HAVE CONFIDENCE WITHOUT COMPETENCE.
Key factor in increasing your speed: Do the easier stuff first! By getting stuck on a required case element, you are effectively bottlecapping your productiveness. Seriously though... As I've said before, success breeds success. And by accomplishing a few of the easier Required's, you are increasing your chances of passing! You also rule out what the other required's are not referring to.
I also wanted to mention that I'm grateful to my parents who worked incredibly hard to give me an easy life. Growing up I didn't NEED a job. I just focused on my passions, which was awesome. The point is: I need to work hard NOW, to follow in my parents footsteps and give my kids an opportunity to just focus on their passions.
Here are 4 key life lessons from a recent talk that Jacob Barnett gave :
- Keep an open mind
- Don't work alone
- Ask lots of questions
- Learn, then rebel
It's 2:13 PM - still not entirely done the day 3 case, but it will have to wait. Day 2 case is a mock CFE so it needs to take precedence! Time to clean up! for now....
8:39 PM - I used the day to sleep, eat, go out and buy a new 10 drawer shelf... Yahoo! I was feeling sick. Okay... I need to use every second to focus on completing the new day 2 case because it's Mock case.
"NOTE FROM FUTURE SELF: I DID THE DAY 2 CASE 1 DAY EARLIER THAN I WAS SUPPOSED TO........ and I didn't feel like I did a great job, so maybe they'll let me adjust it! Let's find out."
This is a mock CFE day 2... So you need to get good at time management. A perfect opportunity to test yourself for the REAL cfe. *talking to myself here* So what I need to do is:
- Read up on all the materials given. Read them as many times as you can.
- Stop preparing by 9:30 PM
- You'll have 5 hours to write the darn thing. So that means you will stop at 2:30 AM.
Then I still have a bit of day 3 stuff to do. That will give me 1 hour and 25 minutes to do a comparative analysis needed as well as some "review" stuff. It's in quotations because it's not review in the general sense but in the providing moderate assurance sense. I think I should finish off the day 3 stuff first and then work on the day 2 stuff with real time restrictions.
9:05 PM - executing the plan I just talked about in the last paragraph ^^^
2:15 AM - just finishing the rest of my day 2 case before I hand it in. There's a lot missing but then again, i'm comparing it to a solution that wasn't written in the time constraints... HOWEVER...
That doesn't mean sh!t... No one is going to give you your goals on a silver platter. You need to be vicious till the very end. Time to show your fangs and dive in as far as you can. I'm a beast in the mind, body and soul!
I was able to finish the MOCK CFE case... however I only attacked one and a half of the assessment opportunities for my area of focus (i.e. assurance)!!! Man, financial reporting was so long!!!
I'm seriously feeling like... I NEED TO FIND THE MAGIC PILL! THE MAGIC PILL THAT WILL SPEED UP MY exam writing process. <=== lol @ magic pill. Highly highly doubt there is one.
It's only August 20th. I have at least 30 days to master the cases that I've been given.
My motto: anything is possible under certain conditions.
Thursday, 18 August 2016
August 18, 2015
Time is now 5:04 AM
I still remember my quote from yesterday: a battle between the best is a struggle for decimal points.
That being said, I'd like to continue, there's basically 19 hours left of the day to go! :)
So! I still feel a tad groggy.
I'm going to go RECAP MY MOTIVATIONS I wrote down in the past because that could help here.
I always like to start off my day with a look at my motivations. Afterall, before you do any analysis (quantitative or qualitative in nature) you should state the purpose (i.e. the motivation).
From:
"I noticed my family was able to have gatherings. My siblings were able to take time out of their lives to practice instruments. I noticed my parents had time to take me and my siblings places. I noticed I was able to live in a nice house for the majority of my lifetime, and we had spare time to spend carefree moments with my family. I noticed a picture where my family, extended family, and family friends went to a park. I realized I had went to that park 8 years ago. And my new goal is to take my new family there in the future :). I noticed a picture of my dog, who I loved to play with. However because he didn't have the title my dog, I never took better care of him, and he ended up dying. I generally don't support the idea off labels, because a negative label can be destructive to people. However a label can be a medium for love. For example, when you meet someone, and you like them so much and you ask them to be your girlfriend."
"I also have a technique called sycthe, and I thought of the factors that I want to excel at more than anyone else:
- study time
- calmness
- number of techniques
- best efforts and a flowing study pattern."
"if I want to not only start but continue and push and push, you've got to embrace cognitive dissonance to an extreme level."
https://www.youtube.com/watch?v=lV0MzzasbXA
"Let's smash some records."
" imagine feeling that you have to do work and instead of fooling around before you do some work, you go straight to work and give 100% of all the efforts of all the atoms in ur body... That's HCD. :)"
" I will follow a system of best practices, and I will come out like steel!"
So new plan after reading a piece of my past blog: go to the library, and read a UFE/CFE book related to tax. I have the call number.
" a game is a game. You can try your best and not make it. I've said it before and I'll say it again. You've gotta prepare under super hard circumstances. That way you'll CRUSH your goals instead of barely meeting them."
"a prime example of training hard to crush your goals. At 2:37, Jack can't jump into the portal that Aku is holding. He meets some tribe people that can "jump good" and he does some intense training (13:30) where he wears a giant stone on his back and practices jumping. 21:34 - Aku is shocked that Jack can reach his goal. This is exactly what I think a CFE writer will have to do. Train hard (and smart!) that passing is expected!"
"I'm getting a lot of quality study time IN! <-- positive affirmation"
Picture
Video - imagining the future punishments is a good motivator - think of ur friends scolding you if you were to fail. EFF THAT!
"Achieving your goals will add more life which expands your natural/true growth."
"Achieving your goals will create strong roots which maintain your natural/true growth."
"Achieving your goals will remove the limits which inhibit your natural/true growth. "
Video - You gotta be stay positive!!! No negativity; not even for 1 second!
"You try in vain to look for the answer. But, it lies within you"
"You're going to need to ask for help if things get too tough. Don't be afraid to ask for help!!!!" <-- Capstone 2 discussion board.
OOO! I'm gonna go wash my water bottle I found at a bus stop LOL I left it in antibacterial dish washing solution. So IT'S CLEAN! OKAY? :P I have a water filtration system at home so I'm literally just going to fill this baby up every now and then. It's been cleaned and dried. Since CPA requires that drinks are in a clear container with no label, I had to rip the label off. No biggie! Yay! I feel like mega-man... It took me less than 5 minute. :P
picture
I'll pick up some groceries (healthy fruits and veges, kim chi) on the way to getting my book. That being said I'll bring some bags for the groceries.
Your time passing and running out is also another good motivator.
"The Earth is still a beautiful place to live. There are wonderful things and activities, arts, and cultures to be drawn into. There are our peers and loved ones. There are even people that we can't see yet (e.g. future children, grandchildren)."
"
But yeah, I think the biggest motivator for me is my potential child/children. I know it will be the greatest moment of my entire life... For girls (and even some guys) it might be their wedding. But me it's my future kids *_* omg... I want to be the best father I can possibly be!!!!!! I'm allergic to stories of fathers not spending enough time with their children. Like 9-5 I understand. But anything beyond that while I have kids is unacceptable. Even a 9-5 to be honest is a slap in the face to your kids IMO (I'm an extremist so you may not agree with me) but MINIMALLY i would say being busy from 9-5 is okay as a dad. But I plan on being INSANELY busy from the get go and then I plan on leaning back. That's just the way I am. For a lot of things. Read about capital accumulation in economics and you will understand why I think it's important to not always live day to day using up your resources for your daily revenue. If you can build it bigger, and better you will get WAY more economic future benefits (hehe I'm using the aspe asset criteria here) out of your asset."
"SUCCESS BREEDS SUCCESS"
"Early As Possible (EAP) is the my new policy, otherwise you may never even meet a deadline!
I'm dedicating this EAP technique to my first born child and I'm going to use it to tackle:" my cases coming up ;)
" I really want to achieve the CPA designation so I can give my future family a better life. I don't believe in god, but I do believe in intangible assets ;). Damn, that's gold, it should go on a T-shirt or something. seriously though. If I ever have a boy or a girl or children, I'm going to make sure I spend a TON of time with them <3 I can't see you kids, But when I have you, you're going to be showered with love not only from the present but far in the past, that you can't even fathom. I know the amount of love for my children (no matter how mischievious) is going to be endless bottomless pit. I'm prepare to kill myself over a thousand times. You get the picture though. My love for my future children is immeasurable. And that being said I"M GOING TO ROCK IT as long as I possibly can tonight so that I'm prepared for"
"intangible drives (various motivations) and tangible drive (i.e. food)
- food actually gives you energy, and makes sure your body's organs are healthy (In the past 20 minutes, I've been eating a giant bowl of awesome salad: broccoli, cauliflower, tomatoe, romaine lettuce, carrots, sesame seed oil, mustard, and kiwi!) <-- delicious and nutritious.
- intangible drives push you to do the right thing.
There are a lot of intangible drives.
I've mentioned a few in prior posts, for example:
I gotta pass to avoid failure!
I gotta pass to maintain my lifestyle
I gotta pass to increase the life in my life
I have to pass for my future children
I have to pass for my wife (I'll most likely want to give the world to her)
I have to pass for my friends
I have to pass for my family
I have to pass for ME (i.e. my own betterment)!
I have to pass because I'm wearing my CFE gold medalist shoes!
I have to pass in order to be a BOSS!
I have to pass in order to avoid/mitigate being someone's B!TCH!
I have to pass to attain knowledge and wisdom!
I have to pass for my future business!
I have to pass for my peers!
I have to pass for all the things I've given up to do this
I have to pass for my environment (my environment is FULL of over-achievers <-- both close and far)
I have to pass based on my past (I have been overachieving for a LONG time now, I've been growing and growing and I don't have any excuse for why I shouldn't be able to grow in terms of the mind)
I have to work on passing because the exam is approaching!"
"You gotta have a drive, and it's gotta push you to do the right thing."
"LOOK AT ALL THOSE MOTIVATIONS. There are probably MORE, that I can't even see. Scary..."
"Can you imagine if you had 1,000,000,000,000 motivations? by that I just mean everyone on planet Earth was dependent on your success?"
"People want someone who's a specialist. That's where the money goes."
"Remember peeps, being a loser/winner is literally a conscious choice. So obviously I will choose to be a winner. qualities of the winner are: they start whenever they feel like not starting, and they continue whenever they feel like stopping."
I would love a healthy breakfast... My mouth feels dirty I need to floss and brush my teeth.
I'll have lots of all-bran, almonds, walnuts, and only a few raisins (since my body is not very fond of the sugar in raisins)
What else? I'm sure there's stuff upstairs I can eat like a PEACH! nice... anything else? hmmm....There isn't much that I can think of... I'll need to grab fruits and veges from the grocery store... What time does it open? .... It opens at 8 AM... HEY! COOL! It takes only 10 minutes to get there :D!!!! That's awesome!!! I'll be going there more often then. I think it takes like 5-7 minutes to get back at a high speed of course... oh man I'm so happy to know that!!!!... I need to call my investment advisor today... Need to ask for funds $_$ MUhahahahaha. hahaha... ^^
Alright. Time to grab some food! I'm pretty sure I can grab groceries for today. :) I don't trust buying groceries for the future. They always go bad it blows. But hey, at least I'm eating REAL food and not plastic burgers from McDonalds...
9:44 AM - I need to buy socks from wal-mart. Granola BERRY Snacks for long study sessions. I also need to go to the North York Public Library to pick up that tax book and take pictures... I'd be super pissed if I went all the way there and it WASN'T there... Just called the library, it's there! :D... I'll go grab my camera, grab my credit card to buy socks... I won't be going to wal-mart... so is there another place to buy socks? So I should probably call and ask to see if there is a copy there before I go... I'll do that now. I would have left earlier. But I had a flood in my kitchen -_- Gah... Ah well :) Okay... So! Oh. and I should get a stapler remover... And groceries! okay okay lol. I'm gonna go brush my teeth and leave. My stomach is full of enough nutrients to rock the day!
So, I went out and I:
- Bought some socks at a dollar store. I got a really good deal!!! 4 bux for 3 pair!!! WOOHOO! And it's 80% cotton so it's decent quality :)
- finally got a staple remover; I was using this crap substitute staple remover that could remove staples but didn't do as good of a job as a classic staple remover.
- bought some masking tape! I tend to find it VERY useful to keep myself focused when I write something on masking tape, and keep it at the top of my laptop screen.
- bought 2 types of granola snacks: one mainly dark chocolate, one mainly berries. I'll see which one really helps me with my brain stamina for the long exam session. Whichever one is best, is the one I will be going back to the grocery store for. STEER CLEAR OF modified palm oil. You may as well be eating lighter fluid mmm mmm <3
- bought a ton of fruit and veges that must've been in season because it was SO cheap!!!! I was so happy. I bought a weeks worth of groceries for only $30!!!! I don't eat much meat nowadays, I usually just rely on hummus; some type of beans. and I also use supplements for meat such as B12, and I also take a multi-vitamin.
- I finally got the CFE/UFE tax: guide book that jason flemming wrote! Super cool! I'm gonna read it for sure! It's roughly 300 pages, large print and a small book. So it's probably equivalent to 150 pages of on 11x8.5 inch paper.
- I saw a ton of HOT girls outside... Added that to my list of motivations for acing the CFE <3 Passing the cfe and being a CPA will give me more options for dates. Woohoo ;)
Okay time to eat and get back into the flow of things. Time is now 4:25, OMG ... just ate some good food and I can feel the energy! Food I randomly find in the fridge is so limiting! Grrrrr.
Fell asleep, woke up, ate, brushed teeth. It is now 11:38 PM and I'm beginning work mode! Going all out because I feel very PREPPED.
"Fail to plan, plan to fail" and "Succeed to plan, plan to succeed"
So basically, I have to finish an entire day 3 case by the end of tomorrow. Because 3 hours after the end of tomorrow, I will need to submit my day 3 case..
I dunno if I mentioned it here but I got CD (Competency with distinction on everything in my last day 3 case) :D which is great, but I'm pretty darn sure I didn't write it within the alotted time.
I was in the middle of a day 2 case, I was trying to learn the in's and out's of it. But I think the day 3 case should take priority. I literally have 24 hours to master it. Which sounds good to me, but there are a TON of other things I'll need to do soon for example: The MOCK CFE. Which basically determines whether you pass the Capstone 2 course or not.
SO, At the exact same time I will need to finish the entire day 3 case, I will also need to finish an entire day 2 case in securexam. YIKES! Okay. Sounds intense but I believe I can do it. In fact, judging by my motivations, I will aim to do that and more!
I will also be writing three day 3 exams during the day after!!! Oh man hahaha this is gonna be crazier than usual... I'm really hoping that I will really GROW during this period. By that I mean. I will learn a crazy amount so that
I will be:
- more efficient at answering these case requireds.
- so fast at answering the requireds, that I fall within the specified time limits.
That was a secret self-affirmation there. Dunno if you noticed that haha ^^
Okay... So the time is now: 11:48 PM... I suppose it's good that I'm so equipped now... Today's accumulation of healthy food and some exam writing supplies should be of some use!
What do I have to do first? For starter's I'm going to have to move this Day 2 exam away again >_< Gah! I wanted to continue it, but judging by my workload, I REALLLLLY need to get this stuff done. And with effectiveness! <-- Good word right here <3
*Time to organize workspace* la da da daaaa.
I still remember my quote from yesterday: a battle between the best is a struggle for decimal points.
That being said, I'd like to continue, there's basically 19 hours left of the day to go! :)
So! I still feel a tad groggy.
I'm going to go RECAP MY MOTIVATIONS I wrote down in the past because that could help here.
I always like to start off my day with a look at my motivations. Afterall, before you do any analysis (quantitative or qualitative in nature) you should state the purpose (i.e. the motivation).
From:
- June 2nd:
"I noticed my family was able to have gatherings. My siblings were able to take time out of their lives to practice instruments. I noticed my parents had time to take me and my siblings places. I noticed I was able to live in a nice house for the majority of my lifetime, and we had spare time to spend carefree moments with my family. I noticed a picture where my family, extended family, and family friends went to a park. I realized I had went to that park 8 years ago. And my new goal is to take my new family there in the future :). I noticed a picture of my dog, who I loved to play with. However because he didn't have the title my dog, I never took better care of him, and he ended up dying. I generally don't support the idea off labels, because a negative label can be destructive to people. However a label can be a medium for love. For example, when you meet someone, and you like them so much and you ask them to be your girlfriend."
"I also have a technique called sycthe, and I thought of the factors that I want to excel at more than anyone else:
- study time
- calmness
- number of techniques
- best efforts and a flowing study pattern."
"if I want to not only start but continue and push and push, you've got to embrace cognitive dissonance to an extreme level."
- June 3
https://www.youtube.com/watch?v=lV0MzzasbXA
"Let's smash some records."
- June 4
" imagine feeling that you have to do work and instead of fooling around before you do some work, you go straight to work and give 100% of all the efforts of all the atoms in ur body... That's HCD. :)"
" I will follow a system of best practices, and I will come out like steel!"
So new plan after reading a piece of my past blog: go to the library, and read a UFE/CFE book related to tax. I have the call number.
" a game is a game. You can try your best and not make it. I've said it before and I'll say it again. You've gotta prepare under super hard circumstances. That way you'll CRUSH your goals instead of barely meeting them."
"a prime example of training hard to crush your goals. At 2:37, Jack can't jump into the portal that Aku is holding. He meets some tribe people that can "jump good" and he does some intense training (13:30) where he wears a giant stone on his back and practices jumping. 21:34 - Aku is shocked that Jack can reach his goal. This is exactly what I think a CFE writer will have to do. Train hard (and smart!) that passing is expected!"
"I'm getting a lot of quality study time IN! <-- positive affirmation"
Picture
Video - imagining the future punishments is a good motivator - think of ur friends scolding you if you were to fail. EFF THAT!
"Achieving your goals will add more life which expands your natural/true growth."
"Achieving your goals will create strong roots which maintain your natural/true growth."
"Achieving your goals will remove the limits which inhibit your natural/true growth. "
Video - You gotta be stay positive!!! No negativity; not even for 1 second!
"You try in vain to look for the answer. But, it lies within you"
"You're going to need to ask for help if things get too tough. Don't be afraid to ask for help!!!!" <-- Capstone 2 discussion board.
OOO! I'm gonna go wash my water bottle I found at a bus stop LOL I left it in antibacterial dish washing solution. So IT'S CLEAN! OKAY? :P I have a water filtration system at home so I'm literally just going to fill this baby up every now and then. It's been cleaned and dried. Since CPA requires that drinks are in a clear container with no label, I had to rip the label off. No biggie! Yay! I feel like mega-man... It took me less than 5 minute. :P
I'll pick up some groceries (healthy fruits and veges, kim chi) on the way to getting my book. That being said I'll bring some bags for the groceries.
Your time passing and running out is also another good motivator.
"The Earth is still a beautiful place to live. There are wonderful things and activities, arts, and cultures to be drawn into. There are our peers and loved ones. There are even people that we can't see yet (e.g. future children, grandchildren)."
"
But yeah, I think the biggest motivator for me is my potential child/children. I know it will be the greatest moment of my entire life... For girls (and even some guys) it might be their wedding. But me it's my future kids *_* omg... I want to be the best father I can possibly be!!!!!! I'm allergic to stories of fathers not spending enough time with their children. Like 9-5 I understand. But anything beyond that while I have kids is unacceptable. Even a 9-5 to be honest is a slap in the face to your kids IMO (I'm an extremist so you may not agree with me) but MINIMALLY i would say being busy from 9-5 is okay as a dad. But I plan on being INSANELY busy from the get go and then I plan on leaning back. That's just the way I am. For a lot of things. Read about capital accumulation in economics and you will understand why I think it's important to not always live day to day using up your resources for your daily revenue. If you can build it bigger, and better you will get WAY more economic future benefits (hehe I'm using the aspe asset criteria here) out of your asset."
"SUCCESS BREEDS SUCCESS"
"Early As Possible (EAP) is the my new policy, otherwise you may never even meet a deadline!
I'm dedicating this EAP technique to my first born child and I'm going to use it to tackle:" my cases coming up ;)
" I really want to achieve the CPA designation so I can give my future family a better life. I don't believe in god, but I do believe in intangible assets ;). Damn, that's gold, it should go on a T-shirt or something. seriously though. If I ever have a boy or a girl or children, I'm going to make sure I spend a TON of time with them <3 I can't see you kids, But when I have you, you're going to be showered with love not only from the present but far in the past, that you can't even fathom. I know the amount of love for my children (no matter how mischievious) is going to be endless bottomless pit. I'm prepare to kill myself over a thousand times. You get the picture though. My love for my future children is immeasurable. And that being said I"M GOING TO ROCK IT as long as I possibly can tonight so that I'm prepared for"
"intangible drives (various motivations) and tangible drive (i.e. food)
- food actually gives you energy, and makes sure your body's organs are healthy (In the past 20 minutes, I've been eating a giant bowl of awesome salad: broccoli, cauliflower, tomatoe, romaine lettuce, carrots, sesame seed oil, mustard, and kiwi!) <-- delicious and nutritious.
- intangible drives push you to do the right thing.
There are a lot of intangible drives.
I've mentioned a few in prior posts, for example:
I gotta pass to avoid failure!
I gotta pass to maintain my lifestyle
I gotta pass to increase the life in my life
I have to pass for my future children
I have to pass for my wife (I'll most likely want to give the world to her)
I have to pass for my friends
I have to pass for my family
I have to pass for ME (i.e. my own betterment)!
I have to pass because I'm wearing my CFE gold medalist shoes!
I have to pass in order to be a BOSS!
I have to pass in order to avoid/mitigate being someone's B!TCH!
I have to pass to attain knowledge and wisdom!
I have to pass for my future business!
I have to pass for my peers!
I have to pass for all the things I've given up to do this
I have to pass for my environment (my environment is FULL of over-achievers <-- both close and far)
I have to pass based on my past (I have been overachieving for a LONG time now, I've been growing and growing and I don't have any excuse for why I shouldn't be able to grow in terms of the mind)
I have to work on passing because the exam is approaching!"
"You gotta have a drive, and it's gotta push you to do the right thing."
"LOOK AT ALL THOSE MOTIVATIONS. There are probably MORE, that I can't even see. Scary..."
"Can you imagine if you had 1,000,000,000,000 motivations? by that I just mean everyone on planet Earth was dependent on your success?"
"People want someone who's a specialist. That's where the money goes."
"Remember peeps, being a loser/winner is literally a conscious choice. So obviously I will choose to be a winner. qualities of the winner are: they start whenever they feel like not starting, and they continue whenever they feel like stopping."
I would love a healthy breakfast... My mouth feels dirty I need to floss and brush my teeth.
I'll have lots of all-bran, almonds, walnuts, and only a few raisins (since my body is not very fond of the sugar in raisins)
What else? I'm sure there's stuff upstairs I can eat like a PEACH! nice... anything else? hmmm....There isn't much that I can think of... I'll need to grab fruits and veges from the grocery store... What time does it open? .... It opens at 8 AM... HEY! COOL! It takes only 10 minutes to get there :D!!!! That's awesome!!! I'll be going there more often then. I think it takes like 5-7 minutes to get back at a high speed of course... oh man I'm so happy to know that!!!!... I need to call my investment advisor today... Need to ask for funds $_$ MUhahahahaha. hahaha... ^^
Alright. Time to grab some food! I'm pretty sure I can grab groceries for today. :) I don't trust buying groceries for the future. They always go bad it blows. But hey, at least I'm eating REAL food and not plastic burgers from McDonalds...
9:44 AM - I need to buy socks from wal-mart. Granola BERRY Snacks for long study sessions. I also need to go to the North York Public Library to pick up that tax book and take pictures... I'd be super pissed if I went all the way there and it WASN'T there... Just called the library, it's there! :D... I'll go grab my camera, grab my credit card to buy socks... I won't be going to wal-mart... so is there another place to buy socks? So I should probably call and ask to see if there is a copy there before I go... I'll do that now. I would have left earlier. But I had a flood in my kitchen -_- Gah... Ah well :) Okay... So! Oh. and I should get a stapler remover... And groceries! okay okay lol. I'm gonna go brush my teeth and leave. My stomach is full of enough nutrients to rock the day!
So, I went out and I:
- Bought some socks at a dollar store. I got a really good deal!!! 4 bux for 3 pair!!! WOOHOO! And it's 80% cotton so it's decent quality :)
- finally got a staple remover; I was using this crap substitute staple remover that could remove staples but didn't do as good of a job as a classic staple remover.
- bought some masking tape! I tend to find it VERY useful to keep myself focused when I write something on masking tape, and keep it at the top of my laptop screen.
- bought 2 types of granola snacks: one mainly dark chocolate, one mainly berries. I'll see which one really helps me with my brain stamina for the long exam session. Whichever one is best, is the one I will be going back to the grocery store for. STEER CLEAR OF modified palm oil. You may as well be eating lighter fluid mmm mmm <3
- bought a ton of fruit and veges that must've been in season because it was SO cheap!!!! I was so happy. I bought a weeks worth of groceries for only $30!!!! I don't eat much meat nowadays, I usually just rely on hummus; some type of beans. and I also use supplements for meat such as B12, and I also take a multi-vitamin.
- I finally got the CFE/UFE tax: guide book that jason flemming wrote! Super cool! I'm gonna read it for sure! It's roughly 300 pages, large print and a small book. So it's probably equivalent to 150 pages of on 11x8.5 inch paper.
- I saw a ton of HOT girls outside... Added that to my list of motivations for acing the CFE <3 Passing the cfe and being a CPA will give me more options for dates. Woohoo ;)
Okay time to eat and get back into the flow of things. Time is now 4:25, OMG ... just ate some good food and I can feel the energy! Food I randomly find in the fridge is so limiting! Grrrrr.
Fell asleep, woke up, ate, brushed teeth. It is now 11:38 PM and I'm beginning work mode! Going all out because I feel very PREPPED.
"Fail to plan, plan to fail" and "Succeed to plan, plan to succeed"
So basically, I have to finish an entire day 3 case by the end of tomorrow. Because 3 hours after the end of tomorrow, I will need to submit my day 3 case..
I dunno if I mentioned it here but I got CD (Competency with distinction on everything in my last day 3 case) :D which is great, but I'm pretty darn sure I didn't write it within the alotted time.
I was in the middle of a day 2 case, I was trying to learn the in's and out's of it. But I think the day 3 case should take priority. I literally have 24 hours to master it. Which sounds good to me, but there are a TON of other things I'll need to do soon for example: The MOCK CFE. Which basically determines whether you pass the Capstone 2 course or not.
SO, At the exact same time I will need to finish the entire day 3 case, I will also need to finish an entire day 2 case in securexam. YIKES! Okay. Sounds intense but I believe I can do it. In fact, judging by my motivations, I will aim to do that and more!
I will also be writing three day 3 exams during the day after!!! Oh man hahaha this is gonna be crazier than usual... I'm really hoping that I will really GROW during this period. By that I mean. I will learn a crazy amount so that
I will be:
- more efficient at answering these case requireds.
- so fast at answering the requireds, that I fall within the specified time limits.
That was a secret self-affirmation there. Dunno if you noticed that haha ^^
Okay... So the time is now: 11:48 PM... I suppose it's good that I'm so equipped now... Today's accumulation of healthy food and some exam writing supplies should be of some use!
What do I have to do first? For starter's I'm going to have to move this Day 2 exam away again >_< Gah! I wanted to continue it, but judging by my workload, I REALLLLLY need to get this stuff done. And with effectiveness! <-- Good word right here <3
*Time to organize workspace* la da da daaaa.
Wednesday, 17 August 2016
August 17, 2016
So I just "finished" my week 3 day 1 case...
I didn't finish... :S Eek.
Stakeholder preferences
Me:
- wants to be a CPA badly, BADLY!
- willing to endure the feeling of 1,000,000 deaths for my future children.
- will move out if I pass the CFE.
- will lose all the rewards of passing the CFE. There are numerous!
Primary issues: I didn't finish because I didn't have enough time to cover all the operational issues or provide good recommendations. Nor did I have enough knowledge to get through all the issues fast enough.
Major Issues:
- Insufficient preparation; I didn't prepare enough.
(Pros: - It's really fun not preparing haha it's also emotionally exhilarating
Cons: - Significantly higher likelihood that I will brain fart during the exam and fail. - It's in my best interest to pass the CFE and not preparing enough is detrimental to my success)
- I spent WAY too much time right before I wrote this exam on the phone. WAYYYY too much. Yup. ex.
(Pros: - I'll get laid. - She might become my wife. - I really love the girl I was talking to - the phone is a useful communication tool. I can use it to talk to my mom, and ask her to buy me groceries.
Cons: - Significantly higher likelihood I'll be a loser for the rest of my life
- girl is also hated by my family, so I may live an unhappy life.
- girl will also hate me for failing CFE, and not becoming a certified professional)
- I spend a lot of time playing games, watching anime/breakdancing vids, also doing "other" stuff.
(Pros: - Really fun! - it takes away my stress. It's a great form of relaxation.
Cons: - Lowers my probability that I will pass the CFE due to lack of time - I would be playing better game, watching better anime, actually being the person breakdancing in those videos if I actually became a CPA )
- I spend a lot of time sleeping
(Pros: - both my brain and body need sleep - sleep is essential - sleep helps with memory.
Cons: I'm wasting time where I could be studying - I may be getting in the habit of sleeping past the time I'm supposed to wake up and write the CFE)
Recommendations:
- Prepare more for the CFE
- limit time on the phone to 5 minutes or simply turn off the phone.
- allocate a certain time to do "other" stuff, play games, watch anime/breakdancing videos. For example, before you go to sleep give yourself 5 minutes to do whatever other stuff, play games, watch anime/breakdancing videos.
- keep track of your sleep for 1 week and then start using an alarm to ensure that you don't sleep over your statistical sleep requirements.
Operational Issues:
- I had to go to the bathroom during the beginning part, which apparently took me a few minutes.
(Pros: going to the bathroom is really good for your body; you can get rectal cancer if your feces stays in your intestine too long. Cons: - Interrupts exam writing process - takes up exam time.)
- During the beginning of the exam, when I wanted to do some ratio analysis, (I usually like to stare at my calculator for hints on how to perform a good ratio analysis interpretation) I couldn't find my calculator. It had been lost for a week or so, because I didn't need to use it. I've been using excel instead.
- during the exam, my brain and/or stomach wanted to take a break, so I took off my ear plugs, took off my shoes, grabbed hummus + bread + watched a short show while I ate, came back downstairs. Wore ear plugs, put my shoes back on. (Pros: - it felt great to take a break. really cooled my brain off; Cons: - less time to write my exam.)
- during the exam, I wasted a lot of time covering SWOT points, which was for the most part useless. They didn't even mark me on SWOT. So why did I do it. I could've saved sometime there. I thought maybe it might add to the quality of my situational analysis. I'm sure it did, but I had to sacrifice my other time in other areas of the exam.
- during the exam, I highlighted everything I read. Which was a lot!
Recommendations:
- I recommend allocating 15 minutes to go to the bathroom before you start writing your exam. Or if it's a real exam, and you're not able to go to the bathroom before, hold it in and keep writing. I suppose I can try to get used to holding it in by doing exams at 9 AM. Smart... Yet odd! Some research on how to induce a poop: - have a high water and fibre + fruit/vege/nuts (e.g. chia + flax) + (probiotic food like kim chi) diet and get lots of sleep! <-- already implemented. Do some exercise (movement helps strengthen the colon muscles For example: do a 5 minute walk, walk up and down the stairs, then go to the toilet, and massage your perineum/choda, also try moving ur butthole with kegals).
- having my calculator handy. I should just always keep my supplies in a zip lock bag. Just like in real test scenarios.
- I recommend using the thin edge of the highlighter or only highlighting key facts. Or highlighting down the left side. That is SUPER fast, and I still can retain some valuable info.
- I recommend allocate sometime before I beginning to write a case to Eat hummus + bread + glass of water. I should buy a TON of water bottles. I'm sure you're allowed water during the exam. You can also buy some snacks or something. I'm going to try and find a berry trail mix bar at the local super market, I'm sure I can bring this into the exam as long as it doesn't make too much noise. It will help with my hunger needs/wants. (Here's a list of potential brain snacks)
- I recommend filling out the SWOT last, if you're not explicitly asked to do it. First fill out the parts that have been required, THEN work on the parts that may seem less important. GOOD PLAN!!!!
Implementation plan:
- EVERY DAY, time your study sessions, and aim for MAXIMUM DAILY STUDY TIME, this will accomplish the recommendation of preparing more for the CFE
- To solve the problem of spending too much time on the phone, I put a sticker on it with big letters saying "5 Min. Max!" Or if you're getting multiple calls, simply turn off your phone.
- EVERY DAY, give yourself less than 30 minutes (preferably 5 minutes) to do "other" stuff, play games, watch anime/breakdancing videos.
- Go grab a zip lock bag now and prepare your materials (calculator included! Also drivers license because in a real exam scenario they will want to see it. Pack with pencils + highlighters)
- Print out a sleep schedule. Here's a file (WARNING: This file needs to be adjusted if you're like me and you take naps every now and then! Honestly, I'm not even gonna bother with that file I thought this was a good idea, and in theory it sounded cool. In actuality, once I recognized a sleeping pattern, there were sometimes where I needed extra sleep and you really just gotta sleep whenever the body wants to because you can get sick if you don't listen to your body or if you cut your sleep off at let's say 7 am when your body wanted to sleep until 9 am, your body will stop you in the middle of a good study session later in the day to get those two hours back! lol This is why I'm not fond of the file) I created to help with recording sleep pattern.
I'm tired. I'm off to bed. I'll continue writing some other implementation of my recommendations for later. Or I'll just straight up implement the recommendations in this post.
I didn't finish... :S Eek.
Stakeholder preferences
Me:
- wants to be a CPA badly, BADLY!
- willing to endure the feeling of 1,000,000 deaths for my future children.
- will move out if I pass the CFE.
- will lose all the rewards of passing the CFE. There are numerous!
Primary issues: I didn't finish because I didn't have enough time to cover all the operational issues or provide good recommendations. Nor did I have enough knowledge to get through all the issues fast enough.
Major Issues:
- Insufficient preparation; I didn't prepare enough.
(Pros: - It's really fun not preparing haha it's also emotionally exhilarating
Cons: - Significantly higher likelihood that I will brain fart during the exam and fail. - It's in my best interest to pass the CFE and not preparing enough is detrimental to my success)
- I spent WAY too much time right before I wrote this exam on the phone. WAYYYY too much. Yup. ex.
(Pros: - I'll get laid. - She might become my wife. - I really love the girl I was talking to - the phone is a useful communication tool. I can use it to talk to my mom, and ask her to buy me groceries.
Cons: - Significantly higher likelihood I'll be a loser for the rest of my life
- girl is also hated by my family, so I may live an unhappy life.
- girl will also hate me for failing CFE, and not becoming a certified professional)
- I spend a lot of time playing games, watching anime/breakdancing vids, also doing "other" stuff.
(Pros: - Really fun! - it takes away my stress. It's a great form of relaxation.
Cons: - Lowers my probability that I will pass the CFE due to lack of time - I would be playing better game, watching better anime, actually being the person breakdancing in those videos if I actually became a CPA )
- I spend a lot of time sleeping
(Pros: - both my brain and body need sleep - sleep is essential - sleep helps with memory.
Cons: I'm wasting time where I could be studying - I may be getting in the habit of sleeping past the time I'm supposed to wake up and write the CFE)
Recommendations:
- Prepare more for the CFE
- limit time on the phone to 5 minutes or simply turn off the phone.
- allocate a certain time to do "other" stuff, play games, watch anime/breakdancing videos. For example, before you go to sleep give yourself 5 minutes to do whatever other stuff, play games, watch anime/breakdancing videos.
- keep track of your sleep for 1 week and then start using an alarm to ensure that you don't sleep over your statistical sleep requirements.
Operational Issues:
- I had to go to the bathroom during the beginning part, which apparently took me a few minutes.
(Pros: going to the bathroom is really good for your body; you can get rectal cancer if your feces stays in your intestine too long. Cons: - Interrupts exam writing process - takes up exam time.)
- During the beginning of the exam, when I wanted to do some ratio analysis, (I usually like to stare at my calculator for hints on how to perform a good ratio analysis interpretation) I couldn't find my calculator. It had been lost for a week or so, because I didn't need to use it. I've been using excel instead.
- during the exam, my brain and/or stomach wanted to take a break, so I took off my ear plugs, took off my shoes, grabbed hummus + bread + watched a short show while I ate, came back downstairs. Wore ear plugs, put my shoes back on. (Pros: - it felt great to take a break. really cooled my brain off; Cons: - less time to write my exam.)
- during the exam, I wasted a lot of time covering SWOT points, which was for the most part useless. They didn't even mark me on SWOT. So why did I do it. I could've saved sometime there. I thought maybe it might add to the quality of my situational analysis. I'm sure it did, but I had to sacrifice my other time in other areas of the exam.
- during the exam, I highlighted everything I read. Which was a lot!
Recommendations:
- I recommend allocating 15 minutes to go to the bathroom before you start writing your exam. Or if it's a real exam, and you're not able to go to the bathroom before, hold it in and keep writing. I suppose I can try to get used to holding it in by doing exams at 9 AM. Smart... Yet odd! Some research on how to induce a poop: - have a high water and fibre + fruit/vege/nuts (e.g. chia + flax) + (probiotic food like kim chi) diet and get lots of sleep! <-- already implemented. Do some exercise (movement helps strengthen the colon muscles For example: do a 5 minute walk, walk up and down the stairs, then go to the toilet, and massage your perineum/choda, also try moving ur butthole with kegals).
- having my calculator handy. I should just always keep my supplies in a zip lock bag. Just like in real test scenarios.
- I recommend using the thin edge of the highlighter or only highlighting key facts. Or highlighting down the left side. That is SUPER fast, and I still can retain some valuable info.
- I recommend allocate sometime before I beginning to write a case to Eat hummus + bread + glass of water. I should buy a TON of water bottles. I'm sure you're allowed water during the exam. You can also buy some snacks or something. I'm going to try and find a berry trail mix bar at the local super market, I'm sure I can bring this into the exam as long as it doesn't make too much noise. It will help with my hunger needs/wants. (Here's a list of potential brain snacks)
- I recommend filling out the SWOT last, if you're not explicitly asked to do it. First fill out the parts that have been required, THEN work on the parts that may seem less important. GOOD PLAN!!!!
Implementation plan:
- EVERY DAY, time your study sessions, and aim for MAXIMUM DAILY STUDY TIME, this will accomplish the recommendation of preparing more for the CFE
- To solve the problem of spending too much time on the phone, I put a sticker on it with big letters saying "5 Min. Max!" Or if you're getting multiple calls, simply turn off your phone.
- EVERY DAY, give yourself less than 30 minutes (preferably 5 minutes) to do "other" stuff, play games, watch anime/breakdancing videos.
- Go grab a zip lock bag now and prepare your materials (calculator included! Also drivers license because in a real exam scenario they will want to see it. Pack with pencils + highlighters)
- Print out a sleep schedule. Here's a file (WARNING: This file needs to be adjusted if you're like me and you take naps every now and then! Honestly, I'm not even gonna bother with that file I thought this was a good idea, and in theory it sounded cool. In actuality, once I recognized a sleeping pattern, there were sometimes where I needed extra sleep and you really just gotta sleep whenever the body wants to because you can get sick if you don't listen to your body or if you cut your sleep off at let's say 7 am when your body wanted to sleep until 9 am, your body will stop you in the middle of a good study session later in the day to get those two hours back! lol This is why I'm not fond of the file) I created to help with recording sleep pattern.
I'm tired. I'm off to bed. I'll continue writing some other implementation of my recommendations for later. Or I'll just straight up implement the recommendations in this post.
It looked like you were dreaming for 2
seconds there. A fight between the very
best is a struggle for those decimal points. In other words, after you
smashed into the ground, I killed you twice.
Study start time: 6:18 PM
Have yet to buy water and the other stuff... When should I do that? When I need it! I just ate a bunch of food before I started to study. So I doubt I'll go hungry. Going to aim for 10:18 PM at least. Let's do this!
7:40 PM stopped - took a whiz. Meditated. Grabbed some food. Came back and put my ear plugs back in. Ready to roll. Kept those shoes ON! :)
8:00 PM started again.
I don't remember how long I studied for after 8:00 PM but it must've been at least an hour... I went on a walk, run, cartwheels, walk, self-talk, then came back home. Fell asleep on the couch in an awkward position.
7:40 PM stopped - took a whiz. Meditated. Grabbed some food. Came back and put my ear plugs back in. Ready to roll. Kept those shoes ON! :)
8:00 PM started again.
I don't remember how long I studied for after 8:00 PM but it must've been at least an hour... I went on a walk, run, cartwheels, walk, self-talk, then came back home. Fell asleep on the couch in an awkward position.
Tuesday, 16 August 2016
August 16, 2016
<3 to my Solid state drive. It's so fast that whenever I need to review technical knowledge from a pdf textbook BAM! It gives me the answer in 2 seconds. Here's something from a textbook :)
"Engagement risk is the risk that the auditor or audit firm will suffer harm after the audit
is finished, even though the audit report was correct. Engagement risk is closely related
to client business risk, which was discussed in Chapter 8. For example, if a client
declares bankruptcy after an audit is completed, the likelihood of a lawsuit against the
CPA firm is reasonably high, even if the quality of the audit was high."
"Engagement risk is the risk that the auditor or audit firm will suffer harm after the audit
is finished, even though the audit report was correct. Engagement risk is closely related
to client business risk, which was discussed in Chapter 8. For example, if a client
declares bankruptcy after an audit is completed, the likelihood of a lawsuit against the
CPA firm is reasonably high, even if the quality of the audit was high."
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