ftwcfa

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.

Mechanic

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.

leadcfa

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!

rkapoor

a) make your own formula cheat sheet.

b) do end of chapter problems. all of them. you will use the formulas so much your mind will automatically memorize them.