[jeff]

Free Study Planner, Notes, Audio, Flashcards: https://www.another71.com/cpa-exam-study-plan/

Free CPA Exam Survival Guide: https://www.another71.com/cpa-exam-survival-guide/

AUD - 79
BEC - 80
FAR - 76
REG - 92

Jeff Elliott, CPA (KS)
NINJA CPA | NINJA CMA | NINJA CPE | Another71

[Kimboroni]

Working out and sleeping both help you study more effectively. No guilt!

Off to martial arts now 🙂

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. 🙂

[Anonymous]

8:00 is fine for me too. I usually study from 6:30-11:30 on Tuesday nights so I can get some individual study in beforehand.

[Anonymous]

Hello, this is my first time taking REG and I'm beyond overwhelmed. Do you really have to know all the various limits, thresholds, and wacky 10% of modified AGI not to exceed 1% for every 3 chickens that a joint filer has of qualified expenses from 1984 to who the heck knows when….!!!

Honestly I don't know what to do with this section. I'm using Wiley and at least hope that the test questions are somewhat comparable since all I can do is remember whatever rule shows up when I get questions wrong –though I can't really conceptualize any of it. I think FAR was easier =/.

[Anonymous]

I was told not to focus on all the thresholds because they can change and the AICPA will not want to continually update their test bank for every threshold change. I am focusing on the percentages more than the amount thresholds because they don't seem to change as much. I love your analogy!

[Anonymous]

From someone who took the test this window, I'm happy I didn't waste time with the thresholds.

[Amay]

Are the only refundable credits ACE? American Opportunity education credit, Child tax credit, and Earned income credit?

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[iddyrashy]

Quick question for those who are using Becker self study, how long it take you to complete R1 to R7, just studying the material? I just started the other day and the notes is too much, I start to debate if it is worth to use Becker or jump on CPAexcel. My number one enemy here is time, I have 7 weeks to exam. I want to finish all the material by early July and start solid on reviewing and hammer MCQ.

AUD 89 (07/06/14)
REG 83 (08/27/2015)
FAR 78 (04/27/2015)
BEC 75 (11/13/2015)

TEXAS 2016

[Anonymous]

7 weeks is more than enough if you're studying full-time.

[Melans]

Test date creeps closer, with each passing day I feel less prepared.. Ugh. I hate the final week countdown.

AUD 7/30/12 73; 12/2/13 85
BEC 7/19/13 81
REG 8/2/14 83
FAR - Jan 2015

[Anonymous]

OK guys. Quizzing starts soon. Join us if you can. My first question is really more of a need for an explanation. No matter how many times I read about consideration I just don't get it. Can someone put in simple terms, the meaning of consideration?

[Amay]

Let the party begin! I didn't get to go over corporate tax questions like I wanted by tonight but I will just work on them simultaneously.

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Amay]

@mama without looking at a def., consideration means either cash, property, or item with value given/received in an exchange or transaction. I will look for the fancy definition now 😉

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Anonymous]

That's it? I hate all this legal mumbo jumbo. Thanks!

[Amay]

What section is that from? If related to contract, it could also mean the promise to do something as stated in the contract. For example, I promise to paint your house if you give me $500. Painting your house will be consideration to you and the $500 will be consideration to me.

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Anonymous]

Question 1–Jeffrey Dean, a Masters Degree candidate at some college was awarded a $15K scholarship from the college in the current year. During the current year, he paid the following expenses:

Tuition–$12K

Books–$1K

Fees–$500

Room and Board–$1,500

In addition, he received $6K for teaching 2 undergraduate accounting courses. What amount must be included in Dean's gross income?

A 0

B 6,000

C 7,500

D 21,000

I don't have the official answer to this so I'm hoping we agree. 🙂

[Author]

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