I don’t know what you guys think, but I really don’t like this session in CFAI books. I don’t know if they are trying to teach us or confuse us. I was reading ch36 about capitalization and got really frustrated… Why don’t they just show us the formular about the interest coverage ratio instead of giving us so many freaking tables? Kind of wasting time. I don’t like the exercises after the chapters in this session too… Way too much different from the real exam…
I’ve had success working backwards on this study session. Meaning, read Stalla/Schwesser first to get the big picture and then go back to CFAI to fill in the details. I agree going in cold that the CFAI text kinda kills you with minutia. but if you have a grasp of the fundamentals going into it, it makes more sense.
Thanks but I definately think CFAI should relate the text books more closely to the exam, expecailly those exerices after chapters.
I agree, I got stuck with that study session as well. I guess I got a big pot of coffee and manned up and worked my way through it. I had to read the readings a couple of times to understand it all. That said I think that when it comes time to review I will still have a good understanding of it. Best of luck, time to get a f$#% off size pot of coffee and man up.
as for those crazy long questions at the back of the chapters… I agree that they take a lot of time and effort. But if you can answer those questions - you are very prepared to tackle exam questions. Those questions test a very thorough understanding of the material.
jut111 Wrote: ------------------------------------------------------- > as for those crazy long questions at the back of > the chapters… I agree that they take a lot of > time and effort. But if you can answer those > questions - you are very prepared to tackle exam > questions. Those questions test a very thorough > understanding of the material. I agree. I had to accounting knowledge and this SS really helped me