Business Law

  • Creator
    Topic
  • #169877
    Tristan
    Member

    I’m sitting for REG on May 29th and the tax stuff seems doable and familiar mostly to me. The business law (contracts/sales/commercial paper/ect.) section is a whole other story. I was horrible at this stuff in college and I’m still struggling with it. I get basic ideas about some of it but at the same time I just can not wrap my head around some of the lawyer language for some reason and it’s starting to piss me off. The ninja notes/audio has helped me but the MCQ’s I’m doing (Bisk), some of them go in much more depth, which is where i get in trouble. I don’t know if I just need a different approach or a business law for dummies book or what. This is just super frustrating since I can’t get this stuff to click. Anyone else experience this with Bus Law? Any shared frustrations or advice? haha

    BEC - 79
    FAR - 85
    AUD - 81
    REG - 91

Viewing 5 replies - 1 through 5 (of 5 total)
  • Author
    Replies
  • #377863
    Hut-Hut
    Member

    “You sucked at it back in college and you still suck at it.” Dude, get that mentality out of your head! These CPA review courses are designed so that a CPA candidate can learn and understand each section thoroughly (assuming effort was put into it). Seems like the law portion iis your weakness, so you just need to put more time into it. That's all.

    I'm not sure what your study methods are but taking notes while reading drastically improved my comprehension. I tend to zone out if I just read, but forcing myself to take notes helps me understand what I'm reading. (Yeah, it's time consuming but trust me, it helps). Watch the video afterwards; put things into perspective. Do MCQ on that portion and make sure you understand why you got the question wrong rather than memorizing the answer. Also, people hate doing this, but rereading a section (whether it's contracts or sales or drafts/notes) sometimes makes it click. If you have an accounting friend, set up study sessions with him/her and discuss concepts with one another. If you're confused on a certain topic, post a question on this forum; people are more than wiling to help on this site.

    Don't let that mentlity of you being horrible at it weigh you down.

    BEC - 67, 79 - (expires 5/24)
    REG - 74, 72, 77 - Key to Passing: RTFQ
    FAR - 77 - Chance favors the prepared mind.
    AUD - 64, (5/14) - FREEDOM!! (i hope)

    #377864
    tbstew
    Member

    I kind of wish I had your predicament before studying for REG. For me it was the opposite. Tax was my weakness and B-law came easy. If you look at the official CSOs, B-law is worth relatively less than tax topics. So don't fret too much. Study hard for it, but one could theoretically get 0 on B-law and still pass if you really REALLY nail the tax MCQs and SIMs.

    AUD - 79
    BEC - 88
    REG - 87
    FAR - 86 - Woot, all done!
    Ethics - 100

    #377865
    Anonymous
    Inactive

    I take REG on Saturday and I have concentrated on Tax so much that I am having trouble with BLaw now. One thing that has helped me is when I read the question in BLaw and I don't know it I think to myself, “What is most fair?” More often than not, the ‘most fair' option is the correct one. On BLaw I think the best thing is to read the Ninja Notes thoroughly and take a boat load of MCQ. I use Wiley and Becker. At times I feel Wiley gets too detailed but I try to remember as much as possible. Not sure how much this helps but good luck!

    #377866
    Anonymous
    Inactive

    I found Business Tax is easy and common sense, however. Tax is like foreign to me…:(

    #377867
    walterlucas
    Member

    I don't know what's mine, but I started to now apply my profession on business law, but several naming company requires average total of 82.

Viewing 5 replies - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.