Taking Reg on Wednesday

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  • #185514
    Vlakmir
    Member

    Hi guys,

    I just finished my masters degree in accounting, and have been in a review course where we come together to watch the lecture videos, then go study MCQs/Sims on our own.

    So far, I have completed all of Bisk MCQs in regulation once through, and made flash cards for concepts to review.

    As the # of flash cards are huge, it takes about 2 hours to get through them all.

    I spend time on MCQs identifying what concept they are trying to test me on, acknowledge general tricky areas (ie; S-corp basis. s-corps, not Pships, no stock basis for liabilities, etc…)

    I have done the “personal trainer” in bisk a few times, answering about 60 questions.

    I have taken 3 practice exams, My scores were 81%, 83%, 84%. I completed each test in about 1-1.5 hours. This is probably because I have seen all of the questions at least once before…? Or maybe I actually AM learning!

    Every time I take the exam, I always realize I completely have no idea about something (just forget, didn’t study for a long time, tip of my tongue, etc…). I think getting comfortable with this feeling helps succeeding overall by just giving things your best shot, go with your first choice, and when having no idea at all, choose B or C.

    I’m completely unsure of how ready I am. My courses this semester dealing with Bus law and taxes ( Partnerships, Corps, S-corps, Charities/estates/trusts) was really helpful for this review.

    Now that I’ve rambled on about where I am at with studying, etc…. I am wondering….what do I do? should I cram all day tomorrow, the day before the test? Should I just relax and do light review?

    I feel confident and uneasy at the same time. Does anyone ever really feel confident going into the exam?

    Are the Practice Tests in Review courses (Mine was Bisk….) very similar to the exam?

    I really want to pass on my first attempt, but I must admit I have not “sacrificed” much. I didn’t spend long nights going through MCQs for the 5000 time, but I feel that I have spent small chunks of time studying over the last month…

    I’ve worked 3 internships in accounting, auditing and individual tax so I feel like I know more than the average student, but that makes me feel like I’m not studying as hard…

    Ok I’m obviously kinda freaking out…..

    Any tips/advice/perspective would be appreciated…!

    REG - 92
    AUD - 90
    BEC - 82
    FAR - 82
    BISK Review Materials
    DONE! /Happydance

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  • #567473
    GSU-CPA
    Member

    I am also doing Reg and its my first time taking it on the 27th.

    I feel like this is SOOOOOOO much information that i dont think one ever feels like they know every single topic.

    I use Yeager and Phill the instructor said most Accounting students that want to do CPA are high achievers. They are used to getting 98-99s so he said he had some students spending months on one chapter making sure they understand it completly. He said dont do that your job is to get a 75 so it doesnt matter if you get a 99 or 75 nobody cares and it doesnt show up on your license.

    I feel like based on what you wrote down you did a good job and you should be fine but then again i have not taken any tests yet so i am not 100% sure.

    I am just like you i started with business law and now on tax and i felt comfterble with business law but now that i am on tax i felt like i forgot much of the business law material so i am starting to freak out. I am hoping when i do my final review over everything i will get it.

    Please share how your reg test was and what i can expect on the 27th.

    Thanks,

    REG-77
    BEC -Waiting on score May 5th
    AUD - May 30
    FAR - Q3 depending on if i pass above two in Q2

    #567475
    Topsya
    Member

    Yup, please share! I'm taking REG on the 27th as well…..

    AUD - 90
    FAR - 83
    BEC - 81
    REG - 80
    ETHICS - 100

    #567476
    Vlakmir
    Member

    I shall let you know.

    Im taking a practice exam today, and then will review some areas of weakness, followed by an overall review. In the morning before the test (@12:30) I think I will probably review a few areas of weakness.

    Some say don't study a day or even 2 days before the test, and that might work well with people that are confident in the material, but I don't feel terribly confident :/

    I have been getting 81-84% on my practice exams, so I am hoping they are indicative of the real exam (BISK, BTW).

    Ugh, I hope I pass.

    I think the worst part is knowing I have to go through this process (at least) 3 more times (I also have to travel to take the tests as I live in a rural state :/ )

    REG - 92
    AUD - 90
    BEC - 82
    FAR - 82
    BISK Review Materials
    DONE! /Happydance

    #567477
    Vlakmir
    Member

    Well,

    If anyone is interested, I got a 92 on Reg.

    My study plan / preparation / concerns / pre-exam feelings are posted in the original post.

    Thought this might be helpful for anyone that was/is going through the same thing and needs a bit of a metric

    REG - 92
    AUD - 90
    BEC - 82
    FAR - 82
    BISK Review Materials
    DONE! /Happydance

    #567478
    Kimboroni
    Member

    Great score!

    AUD 84 (1/9/14-Wiley books/TB + free materials)
    FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
    REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
    BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

    Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

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