#CFA OK ignore what I said about SS7 being pretty easy. After a quiz session in Passmaster and Qbank I walked away scared. I don't know if this will be true come exam time, but it seems you need to really remember a lot of the adjustments that get made on the financial statements and not just at a high level. I mean knowing exactly when to add back depreciation expense at the right tax rate, etc etc etc. I can't imagine the real thing will actually expect you to know that level of detail but some of the Schweser questions were very difficult if you didn't recall the exact process to adjust the statements. You also better know the ratios down cold which is something I struggled with initially. I'll need to make some flashcards or a formula sheet and just have them memorized along with the Dupont model.

Just to prevent me from jumping off the balcony I decided to see what kind of questions the CFAI text asked at the end of readings 24-26 and those don't seem to be as intensive as some of the Stalla/Schweser ones so maybe I'm just blowing this out of proportion. Whatever the case may be, I will need to do a complete top to bottom review of FRA during the last month. Part of me wants to do it now, but I don't think it's worth it, I'm likely to push the schedule out further and forget the material anyway. With the weighting what it is, I'm better off lumping it with the final review of Ethics during the final month so it's fresh come exam time.

At any rate, tomorrow's plan is to review and quiz the first part of Corp Finance(SS8 - Capital Budgeting). I'll probably take Friday off to rest my brain a little before trying to finish the remainder of Corporate Finance(SS8-Capital Structure and Leverage and Dividend Policy) Saturday. I'll then try a Progress Exam for SS1-8 Sunday and begin SS9. I mentioned I want to leave at least a month of review time and I think I can accomplish that if I follow this schedule.