 Hi, Hamza. Hi, Jeremy. How's everyone doing? Good evening. Good morning. Good afternoon. Depending on your time zone, how's everyone doing? Hi, Dustin. Hi, Dustin. I'm live to just, I know the CPA exam scores were released, and I wanted to check with everyone to see how's everyone doing. If they received the score, hopefully they passed. If not, if there's anything I can do to help, that's why I'm here. So I'm open. We have already five attendees. Hopefully we'll have more. But please, if you have any questions, I would greatly appreciate it. Hi, Travor. I'm doing great. Thank you. Thank you. I'm tired, but it's a long day, but it's great otherwise. I hope you're doing well. How's everyone else is doing? We already have nine people. Let me check my Facebook. Make sure I'm live on Facebook. That's good. And LinkedIn is working. And I'm assuming YouTube is working as well. Let me check YouTube as well. Just give me one moment. Seems it's all working well. So if you have any questions, please feel free to post or ask. Is anyone here studying for the CPA exam or an accounting student? If you're a CPA exam, which section are you studying for? What are you using? Are you having any difficulties? Do you have any general questions about what you should do starting 2024? Because at this point, most of you are going through the last mile for 2023. I will wait. Let me check YouTube just in case I missed any comments here. And that is working life on YouTube as well. Good. Good question, Travor. Good question. If you can study 20 hours, Travor, that's great. If you can study 22, that's even better. If you can only handle 18, that's great as well. So is it adequate or not? Yes, of course it's adequate. Obviously, if you can put more time, it's better. But if you tell me I can study 15 hours and being more efficient, then you'll study 15 hours and become more efficient. Travor, what section are you studying for and how are you? Could you take me through your day? How are you studying? So maybe I give you some tips, save some time or being more efficient. Hamza is waiting for the audit score. Excellent. We've been working together, I believe. Hamza, I believe you are a subscriber to my website. Your name sounds very familiar. Destin Karim, what should I do? I want to begin studying in the next few weeks. I'm sure, absolutely. Which section are you studying for and what are you using? Good. NY, you passed BEC, that's great. And you took FAR yesterday. I hope you passed FAR, but don't worry. If you don't pass FAR, you will retake it in 2024 and it should be, in a sense, easier. Annie has taken BEC on December 8th. Could you tell me how are you studying for the exam? Annie, what resources are you using? Okay, FAR. Is it FAR 2023 or FAR 2024? Now, because we are going to be going through this 2023, 2024 till December 15th. I'm assuming you're studying for 2024. That's what I'm assuming because you are going to be studying starting soon. So I have enough time. Which one should I start with first? If you are waiting for 2024, definitely FAR. You would start with FAR 2024. FAR 2024, definitely. I failed BEC, already a clear drag. So I can give BEC to enroll. Perfect, so you failed BEC, but you're not here. That's why I can give BEC. C-A is Sean. I'm trying to follow. You failed BEC, but clear drag. So can I give BEC in the old syllabus? If you could still take BEC by December 15th, I strongly suggest you do so, absolutely 100%. If not, there's no new syllabus. You have to take the specialization rather than BEC. If not, my credit will lapse. I'm not really sure what you meant. If not, my credit will lapse. What I suggest you do is Sean, because I think I'm going to need, if you don't mind Sean, I'm going to share with you my calendar. And I want you to just make an appointment because I believe I'm not be able to follow what you tell me. Maybe I can help you if we have a one-on-one meeting exactly what you are trying to do. So just give me one second here. I'm going to post my calendar for you. There you go. Copy. I'm going to paste it here. I'm also going to paste it on LinkedIn, in case you want to have one-on-one, because I believe that's much easier to figure out what you want. Excellent, Dustin. 2024. Becker and your syllabus videos on topics which I don't understand well. Annie, if you are using my YouTube, which is great, but I'm not sure if you're aware of my website or not. Let me show you what I suggest you do. And this is for Annie. I'm going to share my screen and share the entire screen. There we go. Got it. So what I suggest you do, Annie, you want to take a look at my website, and I do have a better course for audit Becker courses for BEC, for FAR. I missed which one you are studying for BEC. So if you're taking BEC, in addition to the lectures, they are organized just like Becker. Let me show you. And you have extra multiple choice, extra exercises. I show you how to solve simulations. The course is set up just like Becker. So just like B1M1, B1M2, B1M3, then you'll have a comprehensive test. Now within each of these sessions, you also have quizzes as well, structure, so on and so forth. What I'm going to do, I'm going to also send you this link. And you can start your free trial. So there is no risk. You can start the free trial. Try it for two days if you like it. If not, that's fine. Let me remove this. And let me see. Jeremy, I'm finishing the degree. Will be a candidate in 2024, but your lectures were really taught me accounting do you have any tips so I can start studying? Right. Yes. The key to pass is understanding the material, Jeremy. Eventually, I'm assuming you're going to work for the CPA for most likely you're going to get back as your CPA review course. But what I suggest is you supplement with my course. The key is to understand. Once you understand, you cannot memorize for the CPA exam. There's so much material. So as long as you understand the material practice, you retain. So it's understand, practice, retain. I love this. You understand it? Understand, review, retain. Understand, review, retain. That's the key. But once you get closer, obviously you could reach out and we can have a one-on-one meeting to give you a little bit more of advice on this. But that's my advice to you. And I suggest you start with far. If you're starting 2024, start with far. Other than I set on December 15, I'm studying at night two hours a week and 10 hours a week. And I'm starting to focus on the lecture, the MCQs and SIMs because limited on time. For more, I understand you're limited on time. Again, I don't want to keep asking you questions, but I'm going to tell you what I think. Are you understanding the material? If yes, great. How do you show that you really understand the material? When you need multiple choice questions, I wish you can tell me how much you are scoring if you can type it in the text now. If you are scoring, if you are scoring between 75 to 85 or more and you understand the concept and you understand what you get wrong, then you are in good shape, then you are on the right track. Whether you're going to have enough time or not, it's a matter of time. Since you are under limited time amount, here's what I suggest you do. Record your notes. Everything that you learn. This is my cell phone. Record your notes on your cell phone as voice notes. So if you commute to work or listen to your notes, when you wake up in the morning, you're getting ready to get to work. Listen to your notes at night during the evening. You're going to sleep. Listen to your notes. It's going to help the retention. The understanding is one. I can help you with the understanding. If your CPA review course is not, if you are like, you know, spinning your wheels with a topic, take my review, take my supplemental course. Although it may take 10 to 15 minutes extra to learn something, but once you learn it, you're good to go. And my course is aligned with your CPA review course. I'm assuming you're taking backer. So record your notes. All the problems that you get, all the questions that you missed on your phone and listen to that in this way, because you're under time pressure, you can save time. And this tip applies to all of you who are listening. Use your cell phone as your voice notes. I hope this helps you more. I'm thinking about taking TCP. I work in taxes. Of course, it's the natural thing to do. If you work in taxes, TCP is your specialization. If I will not pass, which one should you suggest? Excellent question. Actually, I'm going to have it. I'm going to make a quick video tomorrow, answering your questions any, but I'm going to answer the question now. You take bar, B-A-R, why? Because if you're studying for BEC, you already studied 50% for bar. Everything that you're studying for, we have everything. 50% of what you're studying for BEC will be on bar. Let me list the topics, managerial accounting, cost accounting, economics, finance, corporate governance, all of them will be on and risk management. They're all will be on bar. Therefore, what I naturally, you should take, you should be, you should take bar. Excellent, Ishan. Make an appointment and we'll talk. Then what do you suggest, which one to take if I did not pass BEC? Okay, I answered that question. Good. Jeremy, you're most welcome. Travore, that's good. 70% to 80% is your in good shape. Make sure you understand the remaining those 20% to 30% that you missed. And those are the one you should record on your phone because you missed. You want to know why you missed and keep repeating them. You got to use this phone because you're under time pressure. And please reach out to my website. Let me share with you my website. And let me share the website. So Travore, if you're taking audit, I'm sure you'll take backer, go to my website, backer audit, and I will help you with the understanding part. So it may take, it may take you 10, 15 minutes, 20 minutes later, when you go, for example, over quality control, engagement, acceptance and planning, maybe an hour more than backer, but that hour will put that topic to sleep. Okay. Thank you, Travore. I appreciate it. Take a look at least. You have two day free trial. Give me a chance. If not, you can cancel. That's fine. Jeremy, your videos help a lot. Very detailed. Thank you. That's the key. I'll take my time, help you understand it, because once you understand it, the key is understanding, the CPA exam questions are not difficult. Now, why can I say this? Because I have previously released AI CPA questions. When I look at these questions, they are basic questions, but they are framed in a way to trick you. But if you have a basic understanding of the topic, you will be good to go. And that's why I sell the idea that understand the topic, and it will be easy, because the exam really tests your basic knowledge. That's what they try to test. They don't go in depth. They test your basic knowledge. Do you think they will reduce the score release timeframe in 2024 later on? If I have to guess, I would have to say yes. This is really annoying for everyone. I mean, it works for me. The longer it takes a student, that's fine. I'm okay with that. But yes, my assumption is at some point I will have instant grades. I'm just making this wild guess, because with technology, I don't see why the reason they need to wait is this. Let me just explain why they need to wait. Because when you receive your CPA score, if you look at that report, it's always they're telling you your score is comparable. Your score is comparable, weaker. And I forgot the other one. Maybe someone can remind me. So what they're looking for, they're looking to see how well everyone scored in this period before they determine the score. And now it's going to take them longer to study those questions. But I assume down the road, they will reduce this timeframe. But I don't work for the NASBA. I'm not a member of the AI CPA. But if I have to guess, I would say they will. Actually, it is automatically, it goes and it gets recorded. It will be on LinkedIn. It will be on YouTube as well. So it's automatic. I keep it stronger. That's the third one, stronger. So it's like you're stronger to what? You're stronger compared to someone else. That's why they don't give you the score immediately. They will wait until they see the performance of everyone. Then they give you the score. And that's the reason why they do it that way. Any questions? Any comments? I see 10 people. How to comment on the live session. You are commenting now. I'm assuming that's what you're asking, Mohammed. How to comment? You are commenting now. I can see your comment. So you can comment. You can ask questions. It's an ACCA related question. I see one moment here. I am not familiar with the ACCA. I am not familiar with the ACCA, unfortunately. I would love to, but I am not. So I cannot answer any of your questions about the ACCA. That's my answer here. I see here some comments on YouTube. I don't see them on the screen. I see all of them. I just did not see how. ACCA questions. Yes, I am not familiar with that. Based on consolidation. Go to my YouTube or website. I am not going to be able to answer any consolidation questions now. Make sure you know your consolidation. Where to start? Well, depending on when you are taking the exam, if you are taken in 2024, I would say I would start with four. Is it valuable to listen to all the lectures? Good question, Brevor. If you are getting 70 to 80 without listening to all the lectures, that's really good. I have heard of a matter of jumping right into multiple choice, but it doesn't really seem to make sense to me. I like to know the background. Brevor, thank you. I am going to go on a short lecture here. Yes, and I know who does this. I know which providers recommend this. I am going to use the word garbage. It's useless. It's a strategy. I'm going to explain why. And I hate when they tell students to do that, because the MCQs are to test your knowledge. They are not to help you learn the material. So when students use their MCQs, and a learning for a learning objective, what they did is they lost the effect of those MCQs in a testing environment. I would rather that you did not mention it, Brevor. It's really ridiculous. Brevor, let me ask you this. How would you prepare for the specialization when no multiple choice already exists from the AI CPA? So if someone says, OK, I'm going to use my multiple choice to prepare for the information systems and control, and there is no AI CPA questions previously released, how are you going to learn this through the multiple choice? This method used to work, study the multiple choice when the exam was paper and a pencil. Now the exam is adaptive. At least the current exam, the future exam in 2024, they said they're removing that adaptability version. Studying with the multiple choice, you're really using those multiple choice questions rather than using them to test yourself to know whether you are prepared or not. You're using them to study. I like to give this comparison for the multiple choice. A multiple choice is like a bullet. Once you shoot that bullet, you cannot use it. So what's happening when you use the multiple choice to study, then you don't have another multiple choice to test yourself and you lost the effect of that multiple choice because you already know the answer. The purpose of the multiple choice is to help you confirm whether you know the information or not. Not a learning method. Not a learning method. So that's why I'm against this idea. I explain my reason and I agree with you. It doesn't make sense at all. And the other thing is the assumptions that we're making is you have enough multiple choice questions. Let's assume this theory is correct. Yes, this will work. So what we're saying is you have enough multiple choice questions to cover all the topics from all angles because if you learn one multiple choice question about a topic and they give you the topic in a different format and you don't know the theoretical background, that's it, you're done. Back in the past, the questions that they use, they would use the same questions and your questions will not be adaptive. Once they give you that pencil, once you have the pencil and a piece of paper in front of you, the questions don't change in the sense they are not adaptive. But on the new exam, once they know a topic, they move on to another topic and once they know you don't know that topic, they will keep testing on that topic. So if your multiple choice strategy did not cover those topics, you're in big trouble. For 100%, I stand behind my argument. Thank you for giving me the chance. I mean, I don't like, I'm not bad-mouthing anyone. I'm bad-mouthing the strategy. That's all what I'm saying. My strategy is understand the material. I will answer that question. Yes, my strategy is, how do you know? Okay, I was going to answer that question, but I'll answer it in a moment. I just passed the EC, but failed order with 66 in the same testing with them. What should I do? If you passed the EC congratulation, either try to take audit again this year or keep it for 2024. It doesn't make a difference. You have the EC, you have plenty of time to finish all of it in one sentence. How do you, if you memorize memorizing information or understanding? Good. If you know, if you can explain yourself the wrong answers, why they are wrong, and if you can explain yourself why the correct answer is correct, voila, you got it. That's how you know. If you could explain it to yourself, you're good. You're not memorizing, you know. Because if they change the question, they framed it differently. You know why it's right, and you know why it's wrong. This is how you know. And Travor, don't get me wrong. After understanding, if you can memorize, it's perfect. But first, you gotta understand. Any other questions, comments, anything? Please. That's why I am here. Let me look at my chat, in case I missed anything here. And how do you know you understand something? That's another common question that I get all the time, is can you explain it to someone? If you could explain the concept to someone, you understand that. That's the key. How would I study for everything? Good question, Kevin. Excellent question. How would you study for everything? First, you gotta ask yourself, you gotta ask yourself, why did I fail? I know that you would say, how do you know? You should know why you failed audit. You should know which topic you saw in the exam, and on that exam day, when you're sitting in that seat in Pro Metric, you were kicking yourself, and they had why did I learn this topic better? So let's just say you identified three topics. Three topics. And for the sake of simplicity, internal control, assertions, and evidence gathering. Three topics. Internal control, let's say sampling. The third one is sampling. So what you would do, if you know, these are the topics that you struggled with, and you should know, Kevin, which topic you struggled with. You studied for the exam, you took the exam, you know what they gave you. So you should know why you failed. If you know why you failed, what you need to do is, okay, I need to go back and make a list of those topics and start to tackle each one of these topics separately until I get it right. And Kevin, here's where I'm gonna invite you to my website. What I do on my website is I explain the topic. I'm not sure which course you are taking, whether it's Becker, with Glyne, Miles, or whatever, whoever you're taking it with. I can go in there and explain and help you understand the topic. Once you understand the topic, you'll take your multiple choice down. You check it. You move on to the next topic. And how do you know you know it better? Just, if you tell yourself, oh my God, I know this much better than before, and that's it. You improve from the prior take. This is how you would do it. Again, the assumption is, you know what you are weak at. If you don't know what you are weak at, then guess what? You gotta start from the beginning, if you are not prepared in the first place. But I hope, Kevin, that you can identify three to five topics that you are weak at. You focus on those. Meanwhile, you don't ignore the other ones. You can take in multiple choice of doing the other ones, the other topics, but you focus on, oh, I mentioned sampling, internal control, and whatever the third topic is, just for the sake of illustration. What are common pitfalls you see in students that pay an audit? Good question. Usually, an audit, what they do is, most students, they would say, the complaint on audit is, I'm down to 50-50. And usually, on all the exam, you should be down to 50-50. Audit is analytics. When you prepare for audit, once you know the material once again, they're testing you on the basics. Common pitfall. I'm trying to organize my thought. I don't think I'm doing it properly. You've got to know the material, because in most questions in audit, there's going to be two choices that don't make any sense, because think about Trevor. Think about the person that's writing the question. The person that's, it's easy to write. It's the easiest thing to write the correct answer. The most challenging thing for the person who is writing questions, which I do sometimes for my own company, which I do in this, is writing the incorrect answers. Because you don't want the incorrect answers to be obvious. But sometimes you have to write two incorrect answers that are so obvious that if the students know anything about the topic, they should be able to eliminate. So common pitfalls is not written the question properly. When they're asking you for the best answer, sometimes in audit, you have more than one option correct, but they're asking you for the best. Be careful and select the best. So you got to read all the answer choices. And sometimes what is not, they're asking you that's not the correct option. Make sure they're asking you for the not, because we like to see the correct option and if we see the correct option, we may check it. So be careful about those when it comes to audit. And audit is application. There's some memory memorization, but mostly application. So you got to understand audit. Once you understand it, as I said, it's easy to eliminate two choices. And with 50-50, you can, you can get the other, the correct answer, 50-50%. Don't take chances. Understand it and you will be fine. Not sure if you covered high PR, but you discussed the new material that's being added to the CPA exam for 2024. There's so much material PR and I get the question every time, and what I do every time now is I prepared my YouTube playlist about the changes. Let me get you the YouTube playlist about all the changes for the exam. So I'm going to share the playlist here on the chat. I'm going to share the playlist on LinkedIn as well. Oh, and I've been ignoring Facebook. Let me see if there's anyone Facebook. Not many on Facebook. That's fine. Yes. So I, so what I did is I shared my YouTube playlist about every single change on the exam. So you can look at this playlist. How about time management during the exam? The more prepared you are than what, the better you're going to be in time management. What do I mean by this? The sooner you can finish the multiple choice, the sooner you can get the simulation, because the simulation I believe they would require more time. And then some questions on the multiple choice questions. If you really understand the concept, and I know this is, I'm not exaggerating. And the reason I, I'll say I'm not exaggerating because you can go and see my review of the AI CPA questions. Most questions you can answer in 10 to 30 seconds. Most questions, I'm not saying every, but most questions, if you understand the material, you can answer in 10 to 30 seconds. If you're finding out you're taking more than a minute on a question, take your best guess and move on. And this is what I would suggest. I don't spend too much time on a particular question. But if you understand the material, you should even computational questions. There's a lot of computational questions. You don't even know. You don't even need to actually do the computation. You could eliminate two choices immediately. And we're just with eyeballing. You can select the correct answer. Again, I cannot emphasize this. I cannot, I cannot show you this now. I know I'm inviting you to go to my website, but if you go to my website, I have, I go over AI CPA, AI CPA previously to these questions and I show you that technique of, look, those answers are so obvious and they're wrong. This is the correct answer without doing any computation. So the more prepared you are, the more confident you are, simulate the exam, sit for four hours at a time and take questions until you are comfortable. Simulate in an exam environment. The more prepared you are, the better you are going to manage in your time. That's my answer to you. Any other questions, comments, anything? We're up to 30 minutes. I'm gonna, I'm gonna once again, invite everyone. I'm gonna share my website to check out my website. Again, there's a free trial. I mean, I just did this. It took me some time to be able to provide a free trial so you can go and try it. I'm so confident if you're studying for the CPA exam, you're gonna love it. It can help you tremendously. It's gonna help you understand the concept. I have questions, extra questions to help you. Meanwhile, I'm always here in a sense that I post on almost daily basis. I post at my gallery. Reach out what need be. Good luck, everyone. Study hard, CPA exams worth it, and stay safe. Goodbye, everyone. Good night, or good morning.