Jeff - another71.com
offlineadmin
CPAinPA
offlineMember
I typically give myself a week a lecture then 3-4 weeks to do a final review. So right now I"m not happy with Becker not shipping my REG study material and not notifing me the shipment would be delayed. I had planned to start studing Sunday night to stay on track for a 2/2/10 test date.
glutenator
offlineMember
I am retaking REG in January, but just took it in October, and only really messed up on the Sims, so I think about 30 hours of study will be good to review. At least, I hope! I got a 67, so I'm not that far away.
Jeff - another71.com
offlineadmin
glutenator - I'll just be real with you...a 67 isn't as close as you think.
A 67 is the AICPA's way of saying "hey - there is definitely potential here, but there's a lot of work to be done..."
A 71 isn't even that close and I know this because I scored it several times.
I think you have 100 hours ahead of you instead of 30.
I would go through a full blown review course from start to finish.
I'm just calling it like I see it...i want you to be successful on your next exam.
Just my unsolicited opinion,
-Jeff
glutenator
offlineMember
Thanks, Jeff. I really appreciate that. I'd rather hear it for real, than to be disappointed again in January. I can still manage 100 hours of prep between now and then. It only will delay my start of FAR studying, which is just fine with me.
glogo2384
offlineMember
Jeff/Glut
I received a 74 in the November window... is this the AICPA's way of saying "We want to ruin your life?"... in all honesty however, what is your advice for someone who received a 74 on their first REG sit... study harder? or polish up? or give up? Any advice would be helpful. I plan to begin starting again as soon as I finish my law school applications and sit for the LSAT this Saturday (12/5)...
Thanks in advance.
Jeff - another71.com
offlineadmin
glogo - you may or may not know, but I scored back-to-back 74s on REG.
My 2nd 74 cost me my FAR credit. One more exam point and I would have been done with the exam. Instead, I was back down to only 2 passed.
I realized that I was pretty much "faking it" on a few tax areas (AMT, Like-kind exchanges, 1231, 1245, 1250 assets). I went through the entire Yaeger REG HomeStudy and went from a 74 to a 92.
I recommend that you consider doing something similar. You may just need to get a cram. You may need to get a new course. You may need to stick with your current course. Only you can know what's best.
-Jeff
ksf105
offlineMember
Hey Jeff,
I asked this question on the forum before this one.. I took REG yesterday (1st exam) and don't feel extremely confident.. I'm more confident that I'll have to retake it. That said, would you suggest I sit in Jan (is that allowed?) and pretty much redo the entire course start to finish? Or continue with my scheduled courses? I think I can relate to what you wrote above, about "faking it" and pretty much in those same exact areas. I'm using Becker right now but after reading alot of the other reviews I'm thinking I might need to supplement it with some different material..
Thanks!
Jeff - another71.com
offlineadmin
ksf105 - yes, you can sit again in January if you need to. Hopefully that won't be the case, though.
I would consider the Yaeger REG HomeStudy if you come up short on REG. Phil goes into detail on those topics...I don't know if anyone else goes in depth on like-kind exchanges with a liability involved like Phil does.
-Jeff
Jeff - another71.com
offlineadmin
francois - yes...law/ethics are approx. 40% of REG.
It will seem like every other question is on these topics.
MPoni123
offlineMember
i am using Becker 2009 study materials and my REG and BEC book are about the same. maybe they added a whole lot of new stuff for REG 2010!!! is that the edition you have now?
melloyello
offlineMember
To second MAC75's post, I was curious on how the questions will be structured for this window. Will the tax questions be primarily 2008 rules? Will there be any of the brand new 2009 stuff? I have the 2009 Yaeger HomeStudy and just want to make sure that year's info will be what I encounter (at least for the most part) on the exam on Jan. 18
Cowpatty
offlineMember
glutenator
From what I have gathered from a professor who has been teaching a long time in CPA review a score of 67 shows a good grasp of the knowledge but not of course enough to pass you just need to nail down the material more one more pass with it....good luck.......I bet you pass with many extra points next time.....75 is nirvana but in your case it is more likely that you will end up in the eighties....... I presume
Jeff - another71.com
offlineadmin
I would know the 2008 and 2009 179 deduction and thresholds only.
The other stuff...exemptions, deduction amounts etc. they don't test on because they would have to update the test bank every year. They would have to literally update thousands of questions based on new tax rules.
glogo2384
offlineMember
Let round 2 of this journey begin today... Dec 14th. Exam day: Jan 13th. Approx. 1 month to re-prepare.
I received a 74 the first time around. I'm hoping 1 more month of studying will get me that 1 point.
Good luck everyone.
TXnewbie
offlineMember
January 15th will come sooner than I think; time to really get serious for the next 3 weeks. I was so worried about getting a passing FAR score (75!!!!) that I put off seriously prepping for REG. Good luck to all! Happy Holidays!!!
shopgirl
offlineMember
In need of advice...so I just failed REG and I have already gotten my NTS and have signed up to take it on January 2nd since it's so fresh in my mind...I am then taking the entire week off from work and taking FAR on the 8th. I have already taken FAR and failed. Do you think this is a smart move? Am I trying to cram too much or will I be ok since I have taken both sections before (getting 69s) and REG is so fresh and I will have an entire week for just FAR. Thoughts?
I took my first CPA exam for all 4 sections this window. I passed all but Regulation.
I didn't worry too much about Regulation and got shocked that I passed all but Reg.
For business law, I studied it over the year but didn't spent enough time right before the exam. I can understand that I got 'low' score on business law but I studied pretty hard for Ethics. I did all the questions from Bisk and I was well prepared for the ethics parts from Auditing as well. But I scored 'low' on ethics, hmmmmm.
So, how should I prepare for the Ethics? Am I not ethical enough?
Another concern is simulations. Simulations questions this window were pretty new and very difficult. What is the best way to conquer new patterns of simulations?
Anna
offlineMember
Songhee7, I have same questions that you do. I also scored low on ethics. But also tax procedures. Which were in my simulations and I got so confused - that stuff just wasn't in my book. I studied with Becker. I also have Wiley book... Don't know how to study now.
On edit: just ordered Yeager HomeStudy for REG. Hope it will help...
goingforit
offlineMember
my best advice is to hit the multiple choice questions hard and be extremely familiar w the context and examples given in your study materials...i know this sounds quite obvious but i think a common theme with the ethics portion of REG is that it is the "blow-off section" when in all reality it may be one of the harder sections of the cpa exam bc of how vague the questions or (most likely) answers are given...know that material like the back of your hand so that you can see how they are tryng to trick you instead of second guessing yourself and youll have no problem with it... i made this mistake of over-looking this section the first time and it probably cost me a few weeks of my time....good luck :)
You must log in to post.
