I’ve always been somewhat obsessed by the passage of time. I try to accomplish as much as I can by being very aware of the time that is slipping away. If I work for an hour, I want to be able to say “I spent the last hour and I got an hour’s worth of work done.” I really hate saying “I just wasted an hour. I had time but I got nothing done.” Success doesn’t come that way.
My wife recognizes my interest in time so last week she was sweet enough to buy me a small antique hour glass. Half is clear glass and half is pink glass. As I sit here working, I turn the glass over. The sand flowing out of the top and into the bottom constantly reminds me that I have things I need to get accomplished before it gets too late. I stay keenly aware of the time.
When people ask me about passing the CPA Exam, I always give them the same advice. “Passing the CPA Exam takes time more than any other quality. The average person will need to study 60 to 100 hours per part. If you shoot for 90 hours to pass FAR, as an example, then that is one hour per day for three months with not a single day off. That requires serious self-discipline. And, you have to use that hour wisely every single day. There is no reason to start this journey if you are not willing or able to invest the time. Don’t put yourself into a position where you simply cannot succeed.”
When you first start thinking about the CPA Exam, ask yourself two simple questions but be honest with the answers: How many hours can you spend studying each week and when will you put in those hours each week? Until you have a good answer for those two questions, you probably are not ready to tackle the CPA Exam
For example, if you can put in 8 hours per week and you set 80 hours as your overall goal for that part, then you have 10 weeks to get ready. But, you have to make use of those 8 hours every week. You cannot “kind of study” or “sort of study.” You have to study seriously and avoid distractions. Turn off your cell phone. Turn off your computer. Turn off your television.
As I have said now for over 35 years in this business – Hours Equal Points.
However, that is only true if you make good use of your time.