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I plan to take the Foundation exam for accounting certification this year. I heard that no manuals are provided for these exams in recent years; does that mean I have to memorize all those formulas on my own? Could anyone who passed in these past two years give some insights?
Smiling Without Words, passed in 2011...
There hasn’t been a formula handbook since 2012, right? Your experience is no longer useful as a reference; P
Yes, it’s my final year; P
Be sure to memorize all the formulas! No formula sheet will be provided during the exam!
Practice more problems; just remember the basic formulas and that’s enough
Be sure to remember the commonly used formulas; it’s best to memorize all of them. I passed the basic exam in 2014.
I think why not release a manual? It’s not necessarily possible to remember it in future work either; it’s quite normal to refer to the manual
The last edit to this post was made by lychee on 2015-6-6 at 08:31. It was found that in the exams held over the past 14 years, not many basic formulas were required; it’s sufficient to remember those that are simple and commonly used in solving problems, so there’s no need to worry
The basics are actually quite easy to master – just focus on those things that are commonly used and fundamental!
Hello! I was wondering, what review materials do you use when preparing for the Certified Accountant exam? Thank you!