CPA Prof 2 - Re Open Book

Shurwhynot · 27-08-2009 12:43pm #1

I'm doing Prof 2 Auditing next week and am just looking for advice from anyone who may have done this (or any Prof 2 subject) in April. How did they approach the open book scenario? I've heard some say its just a distraction.

I've been studying Auditing through BPP Home Study, as i find them the best. I passed Prof 1 Law and Auditing in April through this route. I'm just wondering how others are approaching P2 Auditing. Personally, i'm just doing out past exam questions at the minute and getting a better understanding of the subject. Its pointless trying to sift through a big fat text book IMO

millyvanilli · 27-08-2009 4:25pm

good luck with the exam next week

you will do fine ..too long since I did it ..no open book then bit I imagine it would be a distraction ..good luck anyhow:)

Shurwhynot · 27-08-2009 4:42pm

millyvanilli wrote: »

good luck with the exam next week you will do fine ..too long since I did it ..no open book then bit I imagine it would be a distraction ..good luck anyhow:)

Would ya say just doing out past papers is sufficient? Prof 1 auditing is reasonably fresh in my head, and i do quite a bit of Audit at work too.

millyvanilli · 28-08-2009 9:48am

I'd say so ,that is what I did in 05 and sure is n't P2 applying audit "practice" to stuff,as far as I remember ,so you will be fine . good luck and let me know how it goes

Shurwhynot · 02-09-2009 2:17pm

Bump for any last minute advice anyone might have?!

EM2008 · 03-09-2009 8:09am

hey

I did my first three open book exams this week and i've the last one later. It has me very confused to be honest.. the first two exams went brilliantly but yesterday was a disaster..
Anyway if your brining in loads of stuff just make sure its well ordered and tabbed. you need to know where everything is before you go and not search through everything when your in the exam.
you really just need to have the books there as reference. I used the past paper from April, the pilot paper and any articles issued by the examiner the most.

Good luck tomorrow hope you get the paper you want

millyvanilli · 03-09-2009 8:54am

Shurwhynot wrote: »

Bump for any last minute advice anyone might have?!

How did the Auditing exam go ?

Shurwhynot · 05-09-2009 1:36pm

Was very happy with it. Thought the open book helped me a lot as i only had a couple of books with me...some people had piles and piles of books and notes which i thought to be pointless. Fairly hungover today!!

millyvanilli · 07-09-2009 9:25am

well done and is'nt it great to have now only 3 to do next April ..it will make it so much easier

Shurwhynot · 07-09-2009 11:16am

Well i won't count my chickens before they hatch but i would be very upset if i was to fail the Audit paper. Roll on April and the dreaded Corp Reporting! Plus Knowledge Management and Tax obviously!

millyvanilli · 13-10-2009 10:43am

Are the september exam results out yet:)

EM2008 · 13-10-2009 11:05am

Not till Thursday, posted on the website on Friday but we should get them in the post on Thursday.
What are you waiting on? I'm really starting to feel sick my original reaction to the exams seem like they were written by someone else cos I definitely don't feel that confident now!

millyvanilli · 13-10-2009 11:20am

no i did them in 2006..just interested

good luck anyhow i'm sure you will do fine

crazzzzy · 13-10-2009 1:00pm

EM2008 wrote: »

Not till Thursday, posted on the website on Friday but we should get them in the post on Thursday.
What are you waiting on? I'm really starting to feel sick my original reaction to the exams seem like they were written by someone else cos I definitely don't feel that confident now!

Isn't it funny how you think you did good after the exam but then the doubts start creeping in leading upto the results.

Good luck to everyone getting results

EM2008 · 13-10-2009 1:23pm

Thank millyvanilli I need all the luck I can get..

I know its such a horrible feeling doubting yourself about how they went.. go from the extremes of thinking I might just get them all to oh my god I failed them all

Time will tell how it goes you'll prob hear my cries of joy or saddness around the country either way

Shurwhynot · 13-10-2009 4:27pm

Good luck everyone Thursday. I'm just waiting on Auditing. I remember being very happy coming out of the exam but obviously the doubts are creeping up now...just want to get that envelope in my hands!

EM2008 · 14-10-2009 4:16pm

Hey shurwhynot, I think its just you and me.. good luck tomorrow hope you get your 50! Anything more is a waste

let me know how you get on.

EM2008 · 15-10-2009 8:33am

well I got 3 out of 4 which is what I was expecting I failed ACR like I though still a little disappointed though... good luck to anyone getting results today.

Shurwhynot · 15-10-2009 8:58am

I haven't got mine yet for some reason! The post normally comes into the office early too so i guess i'll have to wait til tomorrow

What were your marks if ya don't mind me asking?

EM2008 · 15-10-2009 9:19am

No don't mind at all..
They weren't fantastic but a pass is a pass
Advanced Corp Reporting 44.5
Tax 58.5
Stategic Corp Finance 53
Strategy Leadership and KM 50

I had to watch the postman start at the far side of the apt block and work his way around (i'm the last apt) it nearly killed me!

millyvanilli · 15-10-2009 9:28am

well done em2008, congrats ! now only one to go:)

Shurwhynot · 15-10-2009 9:51am

Yeah congrats! Looks like i'll have another restless night tonight so.

Shurwhynot · 15-10-2009 11:01am

Turns out CPA sent the letter to my home address...passed! 54%!!

Thought i did much better, but i'm guessing Prof 2 are marked much harder than Prof 1.

Gona attempt the final 3 now in April...SLKM, Tax and the dreaded Corp Reporting. Does anyone know if you can get your papers back to see how they marked you?

steelbar · 15-10-2009 11:32am

As far as i know they wont send your papers back, but I asked them for a break down of my marks last yr and they gave them to me.

Congrats on passing, doing 3 will make it alot easier

And well done on getting 3 EM2008, hard luck on the ACR, Tom will not be happy about that!

EM2008 · 15-10-2009 11:57am

Thanks Steelbar.. don't know if any of the rest will be graduating with you yet but I'll keep you posted as I hear..
Well done 54 is brilliant roll on a lotta booze:)

crazzzzy · 15-10-2009 12:39pm

congrats all

got 75 in F2 tax so ready for the prof 1s now

millyvanilli · 15-10-2009 1:14pm

shurwhynot and everyone else ..congrats on passing and it will be a lot easier to have only 3 to do in April

:)

Shurwhynot · 15-10-2009 1:26pm

Cheers! Happy to have got it out of the way...a few people thought i was mad to waste one of my 4 attempts on just one exam, but i hope to prove them wrong.

I'll start worrying next week...roll on the booze is right!!

Shurwhynot · 25-03-2010 8:30pm

So is anyone sitting these next month? I've just started studying this week. Attempted and passed Auditing in August so sitting Tax, Corp Reporting and SLKM this time. Corp Reporting looks like it's gona be the worst by a mile

brutusthebarber · 25-03-2010 8:53pm

Shurwhynot wrote: »

So is anyone sitting these next month? I've just started studying this week. Attempted and passed Auditing in August so sitting Tax, Corp Reporting and SLKM this time. Corp Reporting looks like it's gona be the worst by a mile

Doing Corp Reporting and Auditing myself. Not too sure what to make of either to be honest. First time doing open book too so not really sure what to expect.

I think one book per subject should be loads? Maybe some past exam papers + solutions too.

Shurwhynot · 25-03-2010 11:11pm

brutusthebarber wrote: »

Doing Corp Reporting and Auditing myself. Not too sure what to make of either to be honest. First time doing open book too so not really sure what to expect.

I think one book per subject should be loads? Maybe some past exam papers + solutions too.

Yeah i sat Auditing in August, got 54 in it even though i thought i passed it much more comfortably. It was my first open book too so didn't really know what to expect but i actually found quite a bit of stuff in my books that were relevant to the questions. I studied using BPP so didn't have piles of college notes like some people in the exam.

Are you just sitting 2 by choice? How are you approaching Corp Reporting? I'm just doing out questions and trying to get the hang of them basically

steelbar · 26-03-2010 8:34am

I did them last year,Im not sure if it is a help or not. Dont bring in too much,it will be a distraction.the 3.5 hours goes very quickly when you are looking through notes.
I made the mistake of looking for similiar questions and that wasted alot of time,nearly didnt get the exam finished.
Also make sure what you bring is well tagged and referenced.
Best of luck to ye all

brutusthebarber · 26-03-2010 9:55am

Shurwhynot wrote: »

Yeah i sat Auditing in August, got 54 in it even though i thought i passed it much more comfortably. It was my first open book too so didn't really know what to expect but i actually found quite a bit of stuff in my books that were relevant to the questions. I studied using BPP so didn't have piles of college notes like some people in the exam.

Are you just sitting 2 by choice? How are you approaching Corp Reporting? I'm just doing out questions and trying to get the hang of them basically

I'm using BPP too. Btw which BPP book did you bring in with you. How did you approach the auditing exam. I'm focusing on previous exam papers and just doing as many questions as possible.

Yah getting these two out the way. I wouldn't be able to do 4 in one go, it would only be a waste of time.

Yeah pretty much the same approach to Corp Rep. Doing case studies over and over and getting used to them. I think the main thing is to get used to spending 3.5 hours on the one case study!

Shurwhynot · 28-03-2010 9:37pm

I just brought in my past exam papers book and the text book. I didn't need the textbook as i had all the past answers categorised and well noted so i knew exactly where to look. I literally just did out all the past questions...seemed to work anyway!

Corp Reporting is the one that seems to catch a lot of people out so i'm just hopeful that i don't fall into that category too.

CPA Prof 2 - Re Open Book

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