He has been a member of Another71.com's Club 75 since August 2010.
It has been slow going getting back into gear and studying after a couple week study layoff. Ive been studying for BEC for a couple weeks now. Primarily, Ive focused on the reading the first 2 chapters of the 2011 Wiley book I bought. After finishing reading and doing the MCQs in the book I plan on watching the IT DVD segment.
The first chapter is the new material that replaced business structures, Corporate Governance, Internal Control and Enterprise Management which will constitute 16 20% of the test. There isnt too much to this new material, about 12 pages and only about 25 MCQs in the book, so its not too much to grasp, and a lot of it is basic fundamentals so those fresh out of college should be familiar already with some of the concepts.
IT, while I know gives some headaches, I actually have a bit of a background in this area, so while its still tedious, its not too bad for me. Honestly though, anything is better than FAR so maybe Im just happy to have less intense stuff to study. I hope to finish up these first 2 chapters in the next week and then move onto the next.
For those of you who havent cracked open your BEC material yet allow me to give you a bit of a rundown. According to the Wiley book, Business Structures has been straight up replaced by Corporate Governance, Internal Control and Enterprise Management while the rest of the sections remain the same compared the 2010 Wiley book. While there may be more minor changes within the sections themselves, the one major material difference is the switch out of Business Structures to Corporate Governance. Otherwise nothing earth shaking as the percentage of questions of each section remain relatively similar to 2010.
The book also gives some examples of the new written communication you can expect to encounter. Upon first glance, it doesnt seem too bad and as long as you study youll probably do fine. If you were good at the written section before, this should be no different. I cant speak for candidates who use other materials, but going back and using Yaeger CPA Review for FAR definitely helped prepare me for the written communication.
I felt as though I had a better grasp of the principles and concepts after watching Yaeger than I may have with other materials since it was more teaching, than reviewing. I dont anticipate the style to be any different in the BEC videos, so I think if youre using Yaeger youll know enough about a particular topic to write about it.
Well hopefully by my next post I will be in full gear and will have received my passing FAR grade.
8 Weeks until BEC.