Much to update you on. First, busy season has begun, so time management has come to the forefront. I’ve struggled to study after coming home from work, so I’ve started to wake up an hour earlier in order to get some time in. I hope this works out.
As per Reg., I took my exam yesterday. Breaking up the chapters into smaller segments and doing multiple choice immediately afterwards, helped me learn the topics. Unfortunately, I wasn’t able to do all the multiple choice questions for every section, but felt like the ones I did helped me understand the minutiae of the material (i.e. limitations on certain adjustments, basis rules, etc…)
I hope I passed as I am pushing this close. I’m cautiously optimistic (although that feeling has meant bad scores in the past). Worst case scenario, I’ve got a backup plan to study again after audit.
Also, I want to thank Ed for his advice and help in studying for Reg.
I’ll check in this week and update you as to how my Audit study is going.
As always, good luck.