Tips for Improving Your Memory

A common question asked by CPA candidates is: "How will I ever remember so many bits of information?" Yes, the CPA exam tests a wide volume of information. Use some of the tips below to help improve your memory.

• Tape lists and formulas to your bathroom mirror. Sometime throughout the day you will be standing at the mirror, washing your face or brushing your teeth. As you complete your daily hygiene, read the list, repeat the formula, and stare at the information.
• Say it out loud!  Your brain likes the sound of your voice. Repeat the concepts out loud. The concept will then be reinforced.
• Walk around the house, ask yourself questions, and answer them out loud. You can't fake it. Either you know the material or you do not. You must be able to state the facts without reference to your notecards, review text, or lists. Prove to yourself that you can do this.
• Classify information into categories. For example, all liabilities are valued at net present value. Therefore the computations for a bonds payable and a lease payable involve the same concept of net present value.
•  Look for patterns. For example, only audit reports reference generally accepted auditing standards. All other written reports include a reference to standards established by the American Institute of Certified Public Accountants.
• Link new concepts to items that you have already learned. Use the information whenever you can. Repetition is essential to improving your long-term memory.
• Periodically, review old exam questions. Prove to yourself that you can and do remember the concepts. Refresh your memory in the areas where you have forgotten the information. Source