Study Session 5 - Intercorporate Investments #CFA

By Jim on 2/16/2010 12:23:00 AM

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Began SS5 today which covers Intercorporate Investments. I quickly realized how much of the Level 1 accounting I had forgotten. I also realized why I love Stalla and Peter Olinto. There's just no way I could have comprehended this material by simply reading the text which I did before I watched the lecture. If you've never watched Peter deliver a lecture, especially on FRA which is his specialty(he's a CPA who handles most of the CPA material for Becker, Stalla's parent), he's worth the price of admission alone. You can find some of his stuff on YouTube mostly for CPA topics. Not only does he distill the concepts down to easily understandable chunks, he makes you write a TON in the lecture notes which helps you "get" the material. I could only get thru half of the lecture which was 2.5 hours long because my hand was hurting, seriously. I'll finish up tomorrow.


The material isn't that bad, just a lot of small details to remember and going thru the example problems with Peter helps a lot in mastering the material. I got thru Partial Goodwill before putting it down.


Plan is to wrap up rest of lecture tomorrow, maybe do a bit of the quizzing in PassMaster. I'd like to get thru everything by Wednesday night as I have some commitments Thursday and Friday. This should put me in good shape to use the weekend to really drill this stuff home before moving onto SS6. I'm also pushing the progress test back to this weekend as well and will incorporate SS5 into it.



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