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Reddit mentions of Schaums Outline of Intermediate Accounting I, Second Edition (Schaum's Outlines)

Sentiment score: 2
Reddit mentions: 2

We found 2 Reddit mentions of Schaums Outline of Intermediate Accounting I, Second Edition (Schaum's Outlines). Here are the top ones.

Schaums Outline of Intermediate Accounting I, Second Edition (Schaum's Outlines)
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Specs:
Height10.7 Inches
Length8.1 Inches
Number of items1
Release dateApril 2011
Weight1.75928885076 Pounds
Width0.7 Inches

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Found 2 comments on Schaums Outline of Intermediate Accounting I, Second Edition (Schaum's Outlines):

u/whacim · 3 pointsr/Accounting

This is probably more than what you are looking for, but I’ll go ahead and pass on what I have been using. I was already thinking about putting together a less expensive, non-Becker CPA exam strategy for r/accounting once I pass all the exams; so this will be a good warm up.
I haven’t taken all of the exams yet (I have passed the ones I have taken), but I can tell you the resources that have seemed to help the most far. I am pretty cheap, so I have tried to obtain my materials as inexpensively as possible (which is odd because my employer is paying for everything upfront).

For all of the exams I have purchased the Wiley CPA exam prep books; If you are lucky you might be able to find them at your local library.

I also use the Gleim multiple choice questions, and simulations. Gleim questions are in my experience more challenging than the real test questions, which make the actual exams seem not so bad (which is a great confidence booster). I try to answer 1500-2000 MC questions in the last couple of weeks leading up to the exam. I went through the Gleim regulation simulation questions once before the exam, and they really helped me a lot.

For BEC I pretty much relied on tons of Gleim MC questions, and the Wiley materials. I also used my managerial accounting textbook for reviewing cost accounting.

Additional materials I used for REG were my undergrad Business Law textbook, and the Federal Taxation book I mentioned in my last post.

For FAR (the test I am preparing for now), it had been so long since I took any financial accounting courses, I felt I needed a more fundamental review. I have been working through Schaums Outline of Intermediate Accounting I, Second Edition and Schaums Outline of Intermediate Accounting II, Second Edition. I have also been reading Governmental Accounting Made Easy, which has been helping with governmental accounting concepts (I never covered this in school). I am hoping that Wiley and Gleim materials will be sufficient for IFRS.

I’ll have to get back to you on AUD in a few months, but I am assuming that it will probably be a Gleim, Wiley, and old text book combo.

I hope that this helps. It has worked pretty well for me, but everybody learns a little different. Good luck!

u/libbycalnon · 1 pointr/wguaccounting

I finished C248 on 2/18/18. I scored a 92% on the final. I am very happy with my approach to this course. I worked extremely hard on it over the past month. I put in 30-40 hours each week - a total of 140 hours, roughly.

Approach

  • Read the book! I read all the assignments. I recommend getting a hard copy of the book for this class.

  • Take comprehensive notes, or use my notes, which are 106 pages long. Bonus information included in my notes: Critical learning objectives are highlighted, IFRS/GAAP differences & similarities are shown.

  • Participate in the cohorts or watch recorded ones. I enjoyed being able to interact with the instructor during the live sessions, although they moved a bit slowly for my tastes.

  • Watch the Farhat Videos, which are linked in my notes. I found these moved a little quicker than the cohorts and were good to listen to a second time, in the car while commuting.

  • Do all the Wiley practice quizzes.

  • Do Orion practice for each section. I aimed for 75-85% correct and kept working until I was scoring in that range.

  • I did three comprehensive note reviews - two before the PA, then a third one immediately before the OA.

  • I don't recall any PA questions being repeated on the OA, but some concepts were the same. Review your PA results and be sure you understand related subjects.

  • Many people have recommended the Schaum's Outlines for this course. It provides a condensed look at the material. I bought this but didn't use it as much because I didn't get it until partway through. I will use the Schaum's Outlines for IA2.