I'm not sure why people are afraid of Assurance on the CFE. I find this the easiest of all the competency areas. It is comprised of a few simple topics and required that keep coming up in different forms and scenarios on the CFE. Internal Control weaknesses/issues-...
Many students have reached out to me WRT rewriting and passing day 1 of the CFE. The good news is, it's an easy day to pass! I'm sure you've already heard this from many people, but trust me, they are telling you the truth! Day 1 is in fact easy to pass. you most...
Level 1- passing at level 1 means you have achieved a sufficient number of RC's and C's across the 2 days of the CFE. Level 2- passing profile at level 2 means that you've achieved DEPTH on Financial Reporting (FR) OR Management Accounting throughout the 2 days of the...
This is around the time where you begin your first round of technical studying. You should complete all the hot tested technical topics for each competency area. Remember what I always say- CFE is not a purely technical exam. It is testing the application of your...
When preparing quants, it is easy to get lost in the details. Make sure you use some of the time allocated to actually think of what your analysis will entail. The main components of a quantitative analysis are as follows: Label: Exhibit/Appendix I,I,III etc Purpose:...
Those holidays sure did fly by. If you weren't successful on the 2018 CFE I hope you took some well deserved time off from the whole thing. January is time to start again. Here's some things to think about. What went wrong: You need to figure out why you did not...
When you are planning your response, there are a few critical factors to consider: - Identification of your Required - Identification of issues within each required - Ranking of issues - Time allocation and finally - Time management If you miss the ID of a required or...
So you’ve heard numerous times that you need to prepare a plan/outline sheet for all your cases. There are two ways to plan: Paper or Computer. Planning on paper will allow you to see each required and issues within the required during the time you draft your...
Welcome 2017 CFE writers. For those of you writing in September, it's time to get started with your exam/study prep. You have a solid 5 months before the CFE. Here's a play by play list of what you should be doing for the coming months... April: your goal during this...