November 11, 2020 at 10:07 pm #3153363Alan90247Participant
I took the REG exam today (on Veterans day). Just be realistic, there's no way I passed that exam today. I'll hopefully have another shot in taking it before my first part (BEC)expires in March 2021.
Unfortunately I was using Wiley CPA review from May to October 2020 and struggled to concentrate (Excuse: Lockdown in NYC and WFH). I subscribed to NINJA in October because I didn't feel confident in my practice exams from wiley and just overall MCQ results.
My advice: do the sparring or sparring replays and really write-out and practice the SIMS/MCQs. I really feel I bombed the sims on REG because I didn't practice problems enough to retain the knowledge to apply it to the exam.
Good luck to everyone. FAR is next on my list and have to take it before the NTS expires December 31.November 12, 2020 at 12:33 am #3153480Road2CPAParticipant
@Alan I took REG in September and used Wiley. I walked out of the testing center and felt like I had been punched in the gut for 4 hours straight. I honestly thought there's no way I passed and prepared for a re-take. Guess what… I made a 75 (the bare minimum, haha!). I literally burst out laughing when I saw my score and was ecstatic at the same time.
I say all of that to say, don't count yourself out. I've heard many times that the scoring involves some type of curve/partial credit. I'm not sure how true that is, but I'm inclined to believe there's some truth to it because that's the only explanation I have for passing REG.
I'm sure you will have great news when scores are released!November 24, 2020 at 2:08 pm #3165387Alan90247Participant
Got my score today… 65. I’ll have to retake the exam after FAR (my NTS for FAR expires 12/31 and I’m taking it on 12/31)November 24, 2020 at 3:17 pm #3165447thunderlipsParticipant
sorry to hear of the fail, i have been there, in fact i am still there. you are not moving fast enough in the process – bec expires in march 2021, that is 4 months with 3 to pass. should be taking 1 if not 2 every quarter. take advantage of the no testing window as the clock is tickingDecember 2, 2020 at 8:39 am #3172173
Took just took REG in the last few days. The advice here, as usual, has been very good and even a bit inspirational.
Using Becker. Felt like I over-studied for BEC and was lost in the forest from trying to have all the Becker stuff down. Indeed, I could have studied another couple of months and still not felt ‘ready' with the Becker stuff. I took about 3-4 months on BEC, so I decided to put a line in the sand and put a date on the calendar, pay for the exam and take REG in just over 2 months after I got my BEC pass. I am a tax-nerd (already have my EA) and did very well in business law.
Not quite sure what to think about the experience. I think I did well on the MCQ's… indeed, MCQs would be my strength. I recently had COVID, so my brain has been a bit mushy recently. It took a while to get ‘into the game'. I have a system of scoring myself where I am confident that I had at least 30/38 on the first testlet without having to go back and check. Out of the other 8, I felt that I had a better than 50-50 chance on 4. Back on the BEC, I could -not- tell a difference in difficulty between the first set and the second set of MCQs and that had me concerned. On my experience with REG, from the first question of the second set I could tell that they were really throwing fastballs at me now. I think I had about 27/38 on that set where I was very confident in my answers. I got the whole MCQ part done in about 90 minutes.
As for TBS. I hate those. I especially hate Becker TBS's. As for BEC, on the exam they all seemed logical and even fun. I think I caught most of the ‘tricks' I was supposed to see and the numbers even back-checked. I never had that much luck or fun with Becker TBS… and for BEC, I was missing a few modules just because I decided life was too short to deal with some of the stuff they were throwing at me. I did every single section/module of REG and yikes… some of those were horrible… liquidating distributions for different business types, qualified business income deduction, general business tax credits… In a year, I don't think I could have myself together. Knowing that the ‘real' REG would not be as bad as Becker, I was less worried this time, but I don't think I performed so well on the REG exam TBS's.
Most of the TBS seemed to be really splitting hairs in ways that you mess up one small part and your entire response is going to be invalid/wrong… given three items, how much is taxable? You need to know the status of each of three items and add up the right numbers. Any one of the three wrong, and you miss the question. If I got 50% of the answers on the 6 TBS's right, I was probably doing well. Again, it's not from not knowing my stuff, it's just a very difficult format without the usual reference materials and cheat-sheets one would have in real-life for even an experienced practitioner to be sure that they have everything just right.
I wonder, can -part- of a TBS be experimental and the rest of it be legit… or are (only) entire TBS's experimental?
How did I do? When I took BEC, I thought I was probably dancing between a 74 and 75, and I ended up with an 85. I feel less confident on this one. My (one) Becker sample test was a 50, and I know that you can instantly add 15-20 onto that for a real-world score. I feel real good on MCQ's and terrible on TBS, so maybe I am actually in the 75 range this time. I know how people struggle with this exam and some very sharp people have to take it over and over and over, but… and let me say this with as much compassion to those who do struggle… I do think I probably did better than the 40-some % who did not pass, and that performance is based on 1) being able to ‘catch' what the question was asking (although I admit I didn't always know what the answer was even with the ‘catch') and 2) having some real-world experience. I just don't know if that is good enough, though.December 3, 2020 at 11:58 am #3173397WingdingsParticipant
It sounds like you and I had nearly identical experiences.
I had corona the week prior to the exam and had the mushy/foggy brain.
The MCQs were fairly straight forward and I felt I flagged about the same amount as you. Similarly on the second testlet I felt they didn't necssarily increase in dificulty but defintely in ambiguity. If I were to score myself on strictly MCQs I'd say I got an 80.
TBS are where things went downhill, fast! The first TBS testlet was reasonably easy and surprisingly short. After the break I had the second testelet and research question. I know I nailed the research question, but the other two questions in the testlet were heavy on tax basis/calculations and being that I am in no way a ‘tax guy' I just gave them a shot and moved on. The final TBS testlet was where it all fell apart. I had two nearly identical questions of extrodanary length and detail (kind of a DRS/Calcualtion hybrid). Being that they were almost identical in format likely means one was the pretest. The bad part is that I guessed almost 100% on both. The final question was a total softball related to proceeds from sale of securites. I got home and immediatley looked up whether I had calculated these correctly and sadly I can say I got that question completely wrong.
So, similar to your experience MCQ's no problem, TBS testlets 1&2 somewhat managable, TBS testlet 3 absolute disaster.
Praying for a miracle! Best of luck!December 7, 2020 at 12:24 am #3176556
May the CPA-gods smile upon you Wingdings. December 16 will be here before we know it. Of course, I have twisted and psyched myself out in both directions as to whether I passed or not, so I'm finding a kind of agnostic peace finally and getting on with my life (which now is AUD). This post-COVID thing is making me sleep 12+ hours a day, so that has really slowed me down with respect to getting anything done, which is a problem. I had hoped to be ready by December 31, but I see myself drifting in to January already. My strategy is to practice MCQ's intensely and work TBS secondarily. Good luck to all! -kDecember 16, 2020 at 1:26 pm #3185255
Follow-up: today is score day. 78.
I wrote in another place (practice test vs actual results) a bit more of the blow-by-blow, but here's the thing. I'm an EA and I am very good at MCQ's, It took everything to get by this one. Becker made sure I was exposed to all the concepts and the ways that questions could be asked, but I obviously didn't have all the material completely integrated in my mind as if I had studied in ‘final review' mode for another week or two. The conventional wisdom is that the EA is narrower and deeper in its coverage and that the CPA exam is wider and shallower. Nope. CPA is just as hard… really, harder. I don't want to discourage any EA's out there, but the conventional wisdom… or maybe it is a conceit (that I brought to the exam)… that this would be a nice and easy review of already-mastered material… that idea is dangerous.
Spend time with the Becker chapter outlines, and do it earlier in the process, would be what I learned and will take to my next exam. Study the chapter outlines and it will help you gain perspective on what is important and what is not. I'm not sure how to prep for the TBS's, they are just so random. Some are simple, others are impossibly hard… not difficult, but hard to interpret what they want and how they want it… and then to split hairs where if you were in real life practice, you'd google some publication and make sure you have it right. For REG, you just have to know the material and I don't think there is much that Becker or anyone can really do but expose you to the question types and give you exposure to the material in a different way.
GLTA… onward to AUD! -kDecember 16, 2020 at 2:46 pm #3185372ellabellaParticipant
I have done bounce-backs before. I had a terrible time studying using Wiley's books, and switched to UWorld Roger CPA Review, which I like a lot better. They have something called digital flashcards that are a good tool, so I would consider this review for your second go-around. Remember, we all have these challenges and just have to go back and study more on REG or any of the other CPA exams. Don't give up. I have also had a lot of trouble concentrating, so now I use a very sparsely-furnished room to minimize distractions, and also use headphones to block out noise.January 8, 2021 at 5:23 pm #3205115mvp2885Participant
Hi Kristen. I just took my REG, I feel about same as you. I’m also an EA.
Can you tell me if this was similar to you?
Teslet 1: flagged 6-8
Teslet 2: flagged 10-13. Maybe was harder? Can’t remember.
Teslet 3: sim 1: 1-2 boxes correct out of 5 sim 2: 1-2 correct out of 5
Teslet 4: sim 1: bombed this, literally added all $0s. Sim 2: Thai was research and I know I got this 100% correct. Sim 3: 1-2 boxes correct out of 5.
Teslet 5: sim 1: 3-4 correct out of 8, depending if I did it right. Sim 2: 90-100% correct, enthusiastic had like 6 boxes and surprisingly 6 drop down options so total 12 boxes? Sim 3: 1 box out of 6
Please let me know if my story sounds 90-100% like yours or did you feel worse?January 16, 2021 at 4:17 pm #3213533LD-407Participant
Sorry to hear that! I also had previously used Wiley and could not pass the FAR exam. I switched to UWorld Roger's CPA for the FAR exam (purchased a solo package) and passed with a significant increase. I highly recommend them if you're struggling to get through the material.
I sat for REG at the end of October and felt so nervous after the exam. The MCQs weren't as difficult as I expected, so I felt pretty solid there, but I hadn't spent enough time studying/mastering the TBSs and I did not perform well. I ended up getting a 73, so frustratingly close!
I'm sitting for REG again in a couple of weeks and hoping I'm feeling more confident with the TBSs, so we'll see how it goes (now I'm just hoping the 2021 changes don't throw me off too much). Good luck to you!January 17, 2021 at 10:24 pm #3214484accountantsteveParticipant
I'd definitely re-focus on the areas that you might struggle more with and make an effort to understand why each MCQ answer is right/wrong when practicing. Also, I used rogers cram course and that seemed to help me remember some topics that I forgot about from earlier in my studying.
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