This may have already been asked but I just wanted to make sure that there isn't a list of formula's on the exam are there? What are some of the ways you guys memorized all of the formula's?
So do you just memorize the formula's and then write them all down when you start the test? Is that what you mean by make your own formula's?
And that is what I have been doing and will keep doing which I am sure I will have them down by Dec. I was just kind of wondering what other people did as far as formula's. Thanks for the input though!
I spent a lot of time memorizing the formulas, but that was largely to drive the concepts home. On the exam there were very few problems that required formula regurgitation they were more conceptual.
If you spend enough time studying for the exam and doing practice questions in the qbank you will not need to memorize the formulas separately. There are only a handful that actually require direct memorization such as the portfolio variance equation. That's as tough as it gets. The number of accounting ratios looks daunting but most of them are quite intuitive and were easy to recall on the exam.
Chuckrox8 Wrote:
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> If you spend enough time studying for the exam and
> doing practice questions in the qbank you will not
> need to memorize the formulas separately. There
> are only a handful that actually require direct
> memorization such as the portfolio variance
> equation. That's as tough as it gets. The number
> of accounting ratios looks daunting but most of
> them are quite intuitive and were easy to recall
> on the exam.
Exactly. I never had to write any down during the exam. They were memorized because I did so many practice problems.
At the back of each Schweser book, there's formula sheets for that particular book. What I did was I photocopied those formulas and went over them a dozen times.
I made flash cards of the formulas after I read and highlighted the section. At first it was to help me memorize. This helped to reinforce it more than anything else. Now I am thinking that I will just cycle through it every once in a while as a refresher.