Some concepts, definitions, and lists require memorization for the CPA exam. Examples in Auditing are the 10 generally accepted auditing standards (GAAS) and the standard unqualified audit report; in Regulation, the elements of a contract and requirements to be a holder in due course; in Business, the standard cost variance analysis formulas; in Financial, the components of net periodic pension cost. You may want to use notecards to organize these concepts.

If you decide to use notecards, design your notecards to be effective. As you encounter concepts needing memorization, write the name of the list, definition, concepts, etc., on the front of your notecard. Use the back to list items, explanations, summaries, etc.

In the back of each Gleim CPA Review book and within Gleim Online there is a review checklist listing each subunit in the part. Use this list as a guideline for creating your notecards. A good method to use is to write one concept that needs to be memorized for each subunit. Some subunits may have more than one concept that you need to memorize, while others contain concepts that you already know. Use your judgment in effectively tailoring your notecards to your needs.

Some suggest that, if you hold your notecards up in the air, just above eye level, you will improve recall of the information on your notecards. This is based on the observation that, when you are struggling for an answer, you tend to glance up. If you held up your notecards while you studied, that glance will trigger recall of what was on the card.

You may also want to create a summary notecard for each of the steps to exam success. Write a summary in your own words so that you understand the core concepts. You may also wish to make a few notecards for each Gleim study unit that you complete.