I’m going through my final 2 weeks of FAR review and I am having a horrible time with Stockholders’ Equity. I’m working my way through Module 15 in the Wiley text yet again and yet still feel like I’m reading in a foreign language. I’m OK with the basics like Common Stock, Preferred Stock, and Warrants. When I get to Treasury Stock things start to get bad and by the time I get to Stock Retirements, DEPS and ESOPs I feel slightly hysterical. I feel like nothing I read sticks and I go completely blank when I get to the MCQS. Ugh.
What is the best way to study this topic? MCQS? Journal Entries? Flash Cards? SIMS? Pinot Noir????
I’ve been in the game long enough that to know that avoiding your weakest topic is the best way to invoke that topic to appear in multitudes on exam day. I do not want to receive 75 questions on Stockholders’ Equity due to bad study karma!!!!
Any suggestions on how you have conquered Stockholders’ Equity would be greatly appreciated!