Changes in Regulation CPA July 1 2013

  • Creator
    Topic
  • #177380

    If someone could clarify what changes in regulation CPA because laws were signed in December 2012 because I read that, but nobody specifies that is what will change, thank you very much for your help.

    FAR: 91, first attempt

    BEC: 86, first attempt

    AUD: 99, first attempt

    REG:???

Viewing 15 replies - 1 through 15 (of 72 total)
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  • #474877
    K_Sunshine5
    Participant

    I'm wondering the same thing since I am using 2012 materials for my REG exam in July. I hope someone can clarify because I haven't been able to find any information about any changes!

    FAR: 65, 77!
    AUD: 72, 72, 80!
    REG: 64, 84!
    BEC: 83!
    Ethics: 98!

    Delaware CPA as of May 23, 2014 at 10:43am EST.

    "She believed she could, so she did."

    #474941
    K_Sunshine5
    Participant

    I'm wondering the same thing since I am using 2012 materials for my REG exam in July. I hope someone can clarify because I haven't been able to find any information about any changes!

    FAR: 65, 77!
    AUD: 72, 72, 80!
    REG: 64, 84!
    BEC: 83!
    Ethics: 98!

    Delaware CPA as of May 23, 2014 at 10:43am EST.

    "She believed she could, so she did."

    #474878

    @kreibsome08; I hope someone can help us because I am also taking the test on july and I want know what is going to change.

    FAR: 91, first attempt

    BEC: 86, first attempt

    AUD: 99, first attempt

    REG:???

    #474943

    @kreibsome08; I hope someone can help us because I am also taking the test on july and I want know what is going to change.

    FAR: 91, first attempt

    BEC: 86, first attempt

    AUD: 99, first attempt

    REG:???

    #474880

    I'm taking REG July 1, and I emailed Becker to ask them if they had updated materials for the 2013 tax changes. Here's the response I got back:

    “Thank you for contacting Becker Professional Education. As of July 1st, the Audit exam will be changing. The Audit section is the only section that will experience any major changes. There will be no other changes to the other materials.”

    Hopefully this helps! I have the Becker 2013 materials (which have the 2012 tax laws), and it sounds like I'll be okay. Becker has been around long enough that I'd like to think they know what they're doing.

    It might be good to get a second opinion on this if someone has any additional information, though.

    #474945

    I'm taking REG July 1, and I emailed Becker to ask them if they had updated materials for the 2013 tax changes. Here's the response I got back:

    “Thank you for contacting Becker Professional Education. As of July 1st, the Audit exam will be changing. The Audit section is the only section that will experience any major changes. There will be no other changes to the other materials.”

    Hopefully this helps! I have the Becker 2013 materials (which have the 2012 tax laws), and it sounds like I'll be okay. Becker has been around long enough that I'd like to think they know what they're doing.

    It might be good to get a second opinion on this if someone has any additional information, though.

    #474882
    ORcpaHOPEFUL
    Member

    @mattz13 – I though AUD was the only one changing too! And I sure hope you're right because I had a minor heart attack when I saw this thread because I'm not taking REG until mid-July!

    FAR: PASSED!! 64, 68, 79 on 2/27/13!
    AUD: PASSED!! 73, 93 on 4/5/13!!!
    BEC: PASSED!! 75 (phew) on 5/24/13!
    REG: PASSED!!! 77 on 8/7/13 I AM DONE!!!!!

    Experience: got it!
    Ethics Exam: PASSED on first try (what a waste of money)

    #474947
    ORcpaHOPEFUL
    Member

    @mattz13 – I though AUD was the only one changing too! And I sure hope you're right because I had a minor heart attack when I saw this thread because I'm not taking REG until mid-July!

    FAR: PASSED!! 64, 68, 79 on 2/27/13!
    AUD: PASSED!! 73, 93 on 4/5/13!!!
    BEC: PASSED!! 75 (phew) on 5/24/13!
    REG: PASSED!!! 77 on 8/7/13 I AM DONE!!!!!

    Experience: got it!
    Ethics Exam: PASSED on first try (what a waste of money)

    #474884
    jeff
    Keymaster

    Section 179 will change

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    #474949
    jeff
    Keymaster

    Section 179 will change

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    #474887

    Jeff how is Sec. 179 going to change? It can't be any signficant change as mattz13 said Becker replied that the REG section won't be changed. (mattz13- I'm taking REG on 7/1 as well! Good Luck!)

    REG- Waiting 7/1/13
    BEC- Waiting 7/23/13
    AUD- Studying 8/12/13
    FAR- Signed up 10/1/13
    Studying with CPAExcel and Wiley Test Bank.

    #474951

    Jeff how is Sec. 179 going to change? It can't be any signficant change as mattz13 said Becker replied that the REG section won't be changed. (mattz13- I'm taking REG on 7/1 as well! Good Luck!)

    REG- Waiting 7/1/13
    BEC- Waiting 7/23/13
    AUD- Studying 8/12/13
    FAR- Signed up 10/1/13
    Studying with CPAExcel and Wiley Test Bank.

    #474888

    The amounts and limitations will update July 2013 for 2013 amounts.

    https://www.another71.com/cpa-exam-forum/topic/section-179-181

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

    #474953

    The amounts and limitations will update July 2013 for 2013 amounts.

    https://www.another71.com/cpa-exam-forum/topic/section-179-181

    CA CPA - All because of the journey listed below
    -----------------------------------------------------------------------
    FAR - 53('10), 8/25/12 79 PASSED!
    REG - 66('11), 69('12), 12/06/12 77 PASSED!!
    BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
    AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

    (Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

    Ethics 90%

    #474890

    So just to clarify for everyone, starting July 1, Section 179 limits will be $500,000/$2,000,000.

    Just curious…why the emphasis on only the Section 179 change? Clearly, a lot of things changed in the tax code this year. Why is this the only change that people are saying to worry about?

Viewing 15 replies - 1 through 15 (of 72 total)
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