REG Study Group 2020 - Page 21

Viewing 30 posts - 601 through 630 (of 694 total)
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  • #2539467 Reply
    Tncincy
    Participant

    Wow, hope study is going well for everyone. B-law is apart of the exam, so I would get to know it's content even if it's through AICPA blueprints. Memorizing phaseouts in particular is not necessary, but making sure there is an understanding of the concepts is the key. Usually the question will provide what's necessary when it comes to calculation and phase outs. Study hard everyone.

    It begins with a 75
    Been here too long as a cheerleader.....time to pass
    #2541159 Reply
    coocooo
    Participant

    Tncincy,

    Most people say memorizing the phase out range is not required.But, I didn't see phase out amount was given in my previous exam.

    #2541168 Reply
    coocooo
    Participant

    Most people say memorizing the phase out range is not required.But, I didn't see phase out amount was given in my previous exam. Is it provided in the exam?

    #2541438 Reply
    Cat
    Participant

    Hi guys! I took REG on July 2nd! My second set of MCQ's was definitely easier :/ but the simulations seemed to go well!

    Remember, the IRC is in the authoritative literature which helped me a ton! I'm an auditor and I couldn't distinguish the rules for something. I kept getting them mixed up and of course that was one of my sims. Luckily I was able to looked to the IRC for the appropriate treatment. Moral of the story, if you think you have no idea on a question, doesn't hurt to give the IRC a look!

    Hope this helps!

    AUD - 78
    BEC - 81
    FAR - 60
    REG - NINJA in Training
    "If you haven't found it yet, keep looking"
    #2543463 Reply
    74phoenix
    Participant

    @Cat thanks and good luck. @coocooo phase outs are no necessary to memorize. I would say that you should recognize limits for certain topics like IRA contributions, homeowners exclusion, mom and pope exception, etc.



    @tncincy
    – how's your studying going for FAR?

    To be honest guys I am struggling to study…..really lost momentum. My test is on July 16th. I just can't focus for more than an hour of studying..not sure what to do. I am scoring mid 60s, not great. Same trending score as when i failed I got a 69.

    AUD - 80
    BEC - 77
    FAR - 79
    REG - 77
    Finally free of the CPA cloud hanging over my head. Moving on.....
    #2544399 Reply
    23
    Participant

    I'm rooting for you @74phoenix! Do you feel another week would help?

    REG - 77

    AUD - Aug 5

    BEC - 77

    FAR -

    #2544594 Reply
    karla
    Participant

    @74phoenix I'm in the same boat as you, test is on the 15th and I definitely lost momentum during this 4th of July weekend. Considering pushing my exam another week, wouldn't want to but also wouldn't want to fail again. Sorry if that didn't sound encouraging, but the way I'm starting to think of it is that the $35 fee is a small price to pay to be better prepared after already taking the same section multiple times. I really want the next time I take the exam to be a pass.
    Have you tried changing up your studying? Making it more interactive? I go through the flashcards, but use a whiteboard to write my answers (I'm a visual person). After going through a set I do MCQs based on that section to make sure I understood. If I get an MCQ wrong I write down the concept and understand why I got it wrong. Sometimes I do a set of random MCQs to make sure I'm not forgetting the other material. I also try changing it up like this so I'm not seeing the same MCQs and just memorizing answers from them.

    Failing is not the end; keep trying. I will keep trying.
    #2544900 Reply
    74phoenix
    Participant

    @23 @karla thank you so much. I am glad i posted about this.. I feel like I always extend a week or two and fail anyway 😛 And then have to wait till august 20th to get my score? no thank you…and I have many summer plans already. I don't know why I'm not super into studying right now to get this over with!!

    I should hang a sign in my bedroom that makes me angry – maybe that will motivate me.

    Going to revamp my study plan and ask others to help – friends to keep me accountable, boundaries at work, notecards, paper MCQs instead of online, etc.

    AUD - 80
    BEC - 77
    FAR - 79
    REG - 77
    Finally free of the CPA cloud hanging over my head. Moving on.....
    #2545065 Reply
    CH89
    Participant

    @74phoenix – How are you approaching this retake? It took me 3 attempts to finally pass REG scoring a 67, 73 and finally a 79. Seemed doing even more MCQs and a mass amount of SIMs got me over that hurdle. Don't lose momentum! You're almost there! July 16th could be the last time you take REG leaving you to enjoy the rest of your summer and having that relief that you have passed the CPA exam. Keep pushing on, you got this!

    #2551836 Reply
    allysewhitney
    Participant

    Do you that are using Becker, find that the practice exams are extremely challenging? I've studied like crazy and yet the practice tests make me feel like I don't know anything….

    AUD - 78
    BEC - 83
    FAR - NINJA in Training
    REG - NINJA in Training
    AUD - 79

    BEC - 83

    REG - pending

    FAR - n/a

    #2553087 Reply
    Desmond
    Participant

    Hey. What all numbers/dates exactly am i supposed to remember? I read on the forum that generally they will provide phase out threshold, but still a whole bunch of other stuff is there to memorize!
    Also, i have gone through individual taxation (using Becker); is the rest of it as bad?

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    There is no secret ingredient

    Desmond

    #2553870 Reply
    David
    Participant

    The majority of the MCQ I'm getting wrong in Becker are because of not knowing the phase-out ranges. Are there any deductions/credits where I should at least have a general idea of the phase out range? I'm through around 1/4 of the material and have another 2.5 months to study so I'm willing to put in a little more effort into knowing some of these.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - 87
    REG - NINJA in Training
    AUD - July 2

    FAR - May 23 (87)

    BEC --

    REG --

    #2557179 Reply
    sweat
    Participant

    I'm fairly new to the cpa studying. I'm using Roger cpa review. I feel like there is a lot of information to study for each section. i'm getting bogged down and being concerned with studying EACH section for hours at a time to ensure I fully grasp it 100%. Is there anyone else who gets the same vibe as there's just TOO MUCH info? I also feel like the MCQs are another way of studying, almost better than the notes and lectures. Is there anyone who feels Roger CPA adequately prepared them for the exam

    REG- in progress
    BEC- in progress
    AUD – in progress
    FAR- in progress

    #2557293 Reply
    karla
    Participant

    @Desmond and @David
    I can't list everything you have to remember because unfortunately there is a lot. What I generally hear is to memorize the numbers that don't really change year to year. If you have Ninja, I would recommend to look at the Ninja Notes. Pretty sure all of the numbers on there is what you need to know or if not it's a good representation of it.

    Desmond, it gets a little better once you pass the actual tax portion and get to business law, etc. because it becomes more conceptual and less numbers. But you still have to memorize or know the way different things work.

    I hope that helps and doesn't discourage either one of you from studying. Good luck!!!

    Failing is not the end; keep trying. I will keep trying.
    #2557476 Reply
    Desmond
    Participant

    Thanks for the response Karla. I am almost through with R3 property taxation and finding it little (just a little) easier than individual taxation. I don't know if it's actually easier or i am just getting a hang of this whole taxation thing!

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    There is no secret ingredient

    Desmond

    #2557818 Reply
    karla
    Participant

    @Desmond, no problem! I am so happy to hear that! Hopefully it is a bit of both, good luck!

    Failing is not the end; keep trying. I will keep trying.
    #2558382 Reply
    kakooakki
    Participant

    Guys,
    Any tips for the research sim, I really get lost in it. For the far and audit I was kind of aware where to search but with the reg I get lost and waste loads of time

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    SICK OF HAVING THE CPA CLOUD In my life
    #2560998 Reply
    Tncincy
    Participant

    Hi NInjas, I know this is the reg group but I thought I would check in to say hey. I'm working on the far materials. I was off a few days to help my son move, but I'm back at it. Working through the materials. It was what I expected, it seems easy and mellow at first then the materials intensify. But I'll be ready. Hope study is going well for everyone.


    @74phoenix
    , when are you testing? Anyone else testing soon?

    It begins with a 75
    Been here too long as a cheerleader.....time to pass
    #2561658 Reply
    74phoenix
    Participant

    @kakooakki Research sim – I usually use the Advanced Search option. I try to think of what topic they are testing and where it would fall under in the Authoritative LIterature – is it about S Corp? C Corp? and try to narrow down your search to that section. Then search for key words.

    I took my REG test yesterday. I do not feel good about it – I allocated my time wrong and ran out of time… Thanks for asking, @tncincy. Hope your studying is going well!

    AUD - 80
    BEC - 77
    FAR - 79
    REG - 77
    Finally free of the CPA cloud hanging over my head. Moving on.....
    #2561865 Reply
    kakooakki
    Participant

    @74phoenix thanks.
    Oh how was it? I am taking it next week feeling that i need one more week, I am too weak at BLAW and now kind of lost between getting it done or to focus on the taxation.

    Don’t worry you never know, whenever I don’t feel good I end up passing.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    SICK OF HAVING THE CPA CLOUD In my life
    #2562108 Reply
    74phoenix
    Participant

    @kakooakki it was Okay…I felt weak on MCQ and weak on SIMS. It was as expected – no phase outs but tested a bit of everything. I did not feel comfortable with my answers…

    AUD - 80
    BEC - 77
    FAR - 79
    REG - 77
    Finally free of the CPA cloud hanging over my head. Moving on.....
    #2563155 Reply
    Desmond
    Participant

    Nevermind. I posted a question and then got the answer

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    There is no secret ingredient

    Desmond

    #2567844 Reply
    Desmond
    Participant

    Do you guys think going through the Becker material (lectures, mcqs, sims) just once with average 80% completion is enough to pass for REG?

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    There is no secret ingredient

    Desmond

    #2575326 Reply
    SK
    Participant

    @jex Thank you! This is very valuable information.

     

    Try again.  Fail again.  Fail better.

    #2581605 Reply
    Jona
    Participant

    Hi all! I recently started studying for REG and aiming to take it mid-August. For anyone who has taken it, would you say it was more Federal tax heavy versus personal? I'm unsure on what I should focus on or if it's a little bit of everything. Any advice would help!!

    #2581722 Reply
    74phoenix
    Participant

    Hi Jona welcome to the group! Both are weighted substantially on the test. I recommend that you check out the AICPA REG Blueprint that shows how much of each area is tested.

    AUD - 80
    BEC - 77
    FAR - 79
    REG - 77
    Finally free of the CPA cloud hanging over my head. Moving on.....
    #2600343 Reply
    LittleTimmy
    Participant

    After failing REG twice this year with Roger (I passed the other 3 sections with Roger), I switched over to Becker for one last attempt before my 18-month window expired. I just found out today that I passed REG with my highest score of any of the 4 exams I passed, I only did Chapters 1 through 5 of the Becker course, Becker's online progress bar said I only finished 13% of their REG Program, didn't do any MCQs, didn't do any Sims, didn't do any Practice Exams… I experienced an 18-point increase in score from when I took REG in May (with Roger) to when I took it in July (with Becker). The big difference is that with Becker I realized there were limitations and a defined sequence of limitations applying to Individual losses and I found that that Becker did a better job explaining the Shareholder/Corporation views of how to handle and value contributions to corporations, it is a bit more complex of a process than what I picked up from the Roger materials. However, I found the Roger textbook to be far easier to understand when it came to Business Law and Ethics, that is why I skipped the final few chapters of the Becker material and instead read Chapters 10 to 21 of the Roger textbook. I also found that Roger was drilling down too far into Section 1245/1250 property and all the little details relating to depreciation.

    BEC- passed 16 months ago

    AUD- passed 12 months ago

    FAR- passed 3 months ago

    REG- 69 , 63, 81

    #2601444 Reply
    Wineclaw
    Participant

    Failed REG with a 73. I hate tax.

    AUD - 85
    BEC - 85
    FAR - 76
    REG - 80
    I passed FAR. There is no going back. 75 OR BETTER!

    I PASSED IT ALL!!!

    #2601771 Reply
    Jonah
    Participant

    Started my studying a few days ago, still waiting on my NTS but hoping to take the exam late september/early october. Any tips would be GREATLY appreciated- thanks y'all.

    AUD - 82
    BEC - NINJA in Training
    FAR - 78
    REG - NINJA in Training
    Passing the exams with a little bit of coffee and a whole lot of Jesus
    #2601996 Reply
    Desmond
    Participant

    People who took REG recently, how much would you say you needed to recall in terms of phase-outs/deductions/limitations (basically the numbers). A friend told me he didn't need a single number anywhere in the MCQs, but i was wondering if his was an exceptional case..

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    There is no secret ingredient

    Desmond

Viewing 30 posts - 601 through 630 (of 694 total)
Reply To: REG Study Group 2020 - Page 21

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