Usufruct, Redhibition, and Southern Style B-Law

09 Jun 2011

Club 75 Candidate Bloggers

By Kricket

Kricket is a weekly Club 75 Blogger as she documents her journey through the CPA Exam. She has been a member of's Club 75 since May 2009.

Hi! My name is Kricket and I’m a geek. I’ve been a geek my whole life. I was the kid who couldn’t wait for the first day of school to use my new school supplies.

Unfortunately, that has not changed. After taking Auditing last week, I had decided to take one week off of studying to clean my house, eat, rest and find out who this man is I keep pushing off of my side of the bed at 2am when I do finally fall into bed.

Well, that plan didn’t go so well. I got my Roger CPA Review course for REG three days before I took Auditing. I showed great restraint in not opening the box because I was focused on Auditing. The day after I took the exam, I had to open the box, just to see what was in it, you know how it goes. Well, then I had to check it out, watch the introduction, read the information, that kind of thing.

Needless to say it has been a week since I took Auditing and I’m almost through with REG 1. I had heard that Roger Phillips was very energetic so I was a little apprehensive. I thought “How can anyone be energetic about income taxes?”

That concept was completely foreign to me, considering that I don’t even do my own taxes, I hate them that much, but now I’m starting to get it. He’s not energetic, he’s passionate. There is a fine line but a distinction can definitely be made.

I haven’t gotten to the lectures on Business Law and I’m hoping those can keep my attention as well as the individual income tax lectures have so far. I do not do well in this area because I live in, and went to college in Louisiana. We are the only state in the Union that has not adopted the UCC so consequently it wasn’t emphasized in my Business Law classes.

I’m sure most schools in Louisiana teach it well but I went to a very small school and the UCC just didn’t seem to be a priority for my business law teacher. I’m waiting to see the words usufruct or redhibition on the CPA exam. No one will ever see them because they are unique to Louisiana.

My plan was to watch the lectures once, taking insane notes as I went, but then I just put the pencil and highlighter down and started to watch. I love the mnemonics he comes up with and I love his examples. They are hilarious! Now the plan is to just watch the lectures, at least 2 hours every night and then watch them again on the weekends to take notes. I will re-write my notes as Jeff suggests, because that really works (thank you God and Jeff Elliott, an 82 in BEC), and then start the marathon of multiple choice questions.

I took REG on April 23rd but I’m 100% positive that I failed it. I started to cry during testlet #2 and I had to leave the test room to throw up half-way through the simulations. Those are not the signs of a passing score. Hopefully, I passed Auditing last Thursday and this is my last part. I have to take REG and pass it before August 6th or I will lose FAR. The idea of losing that credit gives me cold sweats and nightmares.

Now, how many people had to stop reading this to Google usufruct and redhibition? 🙂


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