BEC Study Group April May 2017

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  • March 9, 2017 at 2:04 pm #1509703
    mooseonloose
    Participant

    I will be retaking BEC early April after getting a nice big 73. Lets MAKE THIS HAPPEN!

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    BEC: April
    AUD: April
    REG: July
    FAR: Sept
    March 9, 2017 at 2:22 pm #1509721
    Anonymous
    Inactive

    Let's CRUSH BEC this Quarter!!

    Let the questions begin

    In the Roger CPA book it states that you can use the ARC Method for supply and demand instead of learning all the different equations. Does this apply to everything that has to deal with supply and demand? Such as Income Elasticity of Demand?

    March 9, 2017 at 2:51 pm #1509748
    Joe
    Participant

    This might be a dumb questions but wanted to ask the group for some advice! I'm enrolled with Devry so I'm using Becker since they have a direct relationship with them, I also have access to Rogers CPA Review. I notice that in BEC B2 M6 Becker is discussing Financial Security Valuation Methods including Discounted Cash Flow Analysis, Relative Valuation Models, PEG, PE multiples etc… I cannot find this material anywhere in the Rogers BEC review course… Why would one company spend so much time and efforts going through this material and another company completely disregard it?

    Joe Serrone
    March 9, 2017 at 3:00 pm #1509760
    EZ_Sims_4_me_Pls
    Participant

    @joeserrone

    im sure it's in there somewhere..

    AUD - 80
    BEC - 84
    FAR - 77
    REG - 79
    one step closer
    March 9, 2017 at 3:05 pm #1509769
    Joe
    Participant

    I found a short reference on Page 6-8 of Rogers on the Gordon Growth Model but nearly not close to the amount of detail in the Becker lecture

    Joe Serrone
    March 9, 2017 at 3:36 pm #1509793
    mooseonloose
    Participant

    Few of my friends skipped chapter 6 of Becker and still passed with great scores. Perhaps those are not tested as heavily.

    I am on chapter 1 now.
    3 objective of COSO are?
    5 component of internal control?
    17 principle are?

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    BEC: April
    AUD: April
    REG: July
    FAR: Sept
    March 9, 2017 at 5:24 pm #1509895
    EZ_Sims_4_me_Pls
    Participant

    I would be willing to bet that the “Gordon growth model” will not receive tremendous attention on the exam

    AUD - 80
    BEC - 84
    FAR - 77
    REG - 79
    one step closer
    March 9, 2017 at 5:35 pm #1509921
    vcapalac
    Participant

    Got a 69 on my last go. Hopefully this time I can pass.

    Philippians 4:13
    March 9, 2017 at 8:39 pm #1510077
    Tncincy
    Participant

    I weenied out on taking the exam on 3/7….I was not ready and was not ready to face another failure…..So I decided to stop stressing over taking the exam before the new exam format and study carefully, cover everything. I feel better about it and WILL be ready April 24th or sooner. a real diligent 5 weeks is what I am aiming for even though I have been studying off and on……So I'm in again. 🙂
    Really just encouraging myself, but good luck studying ninja's.

    It begins with a 75
    Been here too long as a cheerleader.....time to pass

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    March 10, 2017 at 11:33 am #1510527
    mooseonloose
    Participant

    @Tncincy We will own this exam! does anyone like the new Becker format? I find it so annoying, maybe its because I am not use to it.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    BEC: April
    AUD: April
    REG: July
    FAR: Sept
    March 10, 2017 at 11:58 am #1510552
    Tncincy
    Participant

    @mooseonloose : I'm not using Becker (cost too much) but I am using ninja mcq's, plus videos,ninja notes and Wiley book. I get stuck trying to figure out which materials to use. I tried doing mcq's only and got frustrated because I do not know the material. So I went back to the book, chapter by chapter. This is a dreadful process but I guess you I can't expect to pass without studying.

    It begins with a 75
    Been here too long as a cheerleader.....time to pass

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    March 10, 2017 at 12:10 pm #1510575
    mooseonloose
    Participant

    I received a 73 with Becker and Ninja questions. I studied 2 weeks with Becker and 2 weeks with Ninja. This time I am putting all my time on Becker and try to really go in depth. I have access to Rogers as well, but I rather stick to one material. It sure it dreadful. I hate studying for BEC. I hope they have mercy on us and give us a curve due to sims and making us wait until August 😉 lol

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    BEC: April
    AUD: April
    REG: July
    FAR: Sept
    March 11, 2017 at 12:25 am #1511313
    wanttochangejobbypassingcpa
    Participant

    2nd attempt….March and April busy season…hopefully I have enough time to study…taking in May.

    March 11, 2017 at 12:38 am #1511323
    Theodore
    Participant

    @mooseonloose
    3 objectives
    Operating – for effectiveness and efficiency
    Reporting – for reliability, transparency , timeliness of internal and external financial reporting
    Compliance – with laws and regulations

    5 components
    Control environment – tone at the top – ethics
    Risk assessment – Misstatements
    Information and communication – FACT
    Monitoring
    Existing contorl activities

    17 princinples…still working on that. becker said don't sweat memorizing these..so I didn't lol

    Does anyone know if Becker has a new book to follow the lectures and modules…I looked up the new version, but I didn't find it.

    AUD - 79
    BEC - 79
    FAR - 76
    REG - 76
    No one said it would be easy.

    FAR: 66, 76!
    REG: 76!
    AUD: 72, 9/7/2016
    BEC: TBA

    Don't Stop When You Are Tired, Stop When You Are Done.

    March 11, 2017 at 5:11 am #1511389
    Joe
    Participant

    @Rosy0407 Yes, Becker does have a Ver. 3.0 of their book which matches the 2017 lectures

    Joe Serrone
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