pa1 - PA1 Exam Preparation Spring 2004 Presented in:...

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Unformatted text preview: PA1 Exam Preparation Spring 2004 Presented in: Beijing March 15, 2004 Presented by: Presenter Laura Dallas, CGA Spring 2004 Preparing for PA1 Exam Page 1 PA1 Exam Review Units 1 - 4 Part 1: Introduction Welcome • Each student should be extremely proud for being at this level of the CGA program. Each student has accomplished so much just to have qualified to be here preparing for the exam • Not only do students come to the PA1 exam from all areas of accounting, also from all areas of the country. In some regions, a lecture/seminar program is also available for PA1. Some students have done PA1 assignments individually; some have done them as a group. • Your preparation to date may vary significantly from student to student. Some students may be assistant controllers, some may be audit managers, and others may be in government positions. Some students may have extensive study skills, while other students may have extensive practical experience. Therefore, your study techniques for the PA1 exam may vary significantly. • The format of the PA1 exam is significantly different from other CGA courses. You can not just memorize information for this exam. You must be prepared to respond to situations, as if you were a professional accountant. • The PA1 examination consists of a series of questions designed primarily to simulate engagements and projects that CGAs may encounter in their professional experience. The purpose of the PA1 examination is to evaluate your ability to draw upon relevant core knowledge and to apply this knowledge to the specific facts and requirements presented in each question. Miscellaneous • Purpose of facilitators: timesavers, inform you of PA1 format, confidence builders – we can not ‘teach’ entire CGA program in 3 hours • Most of you know the material – now just a matter of presentation, concentration, & breadth! Spring 2004 Preparing for PA1 Exam Page 2 Comments from the examiner: Many unsuccessful tend to do the same thing. That is to recite. They recite the case facts and they recite course material. What they fail to do is relate the course material to a problem . We see this both in the case results and in the multiple choice results. International students tend to do very well on the multiple choice where it is not a scenario style question but poorly on questions that first give a scenario and then the multiple choice options are based on their analysis of that scenario. Before starting to study, students should go into the PA1 resource material and ensure they understand what PA1 is all about. That is it is testing the competency of applying the technical knowledge they learned in previous courses, and were already tested on, to a diverse situation, i.e. the case. The responses of the unsuccessful candidates leads me to question if they understood what PA1 is about and its purpose. I also question if they truly understand the concepts of the competencies PA1 is designed to test....
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This note was uploaded on 03/30/2012 for the course ACCOUNTING 1204 taught by Professor Chang during the Spring '11 term at Nanjing University.

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pa1 - PA1 Exam Preparation Spring 2004 Presented in:...

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