August 12, 2019 at 6:46 pm #2626794GetThisCPA94Participant
I'm going through the math MC in BEC and I'm slowly realizing that BEC is certainly no joke, either that or Becker‘s MC are grossly over preparing it's users for the test
In the projections, cost accounting, budgeting, variance sections alone…it seems like there's 20 things you have to remember all at once from every single module. If you forget one principal in Econ come test day, seems like you'd end up bombing the exam, and I haven't even gotten to the rates, ratios and hedging yet. The exam can't possible be this bad can it? In REG, there was a general rule/principal, and you made the computations to support that principal or in BLAW, where your only objective was to learn the law, regardless of how lengthy it was; to AUD, where a “blueprint” was laid down and you followed the audit “law” and then applied your judgement from there…BEC makes me feel like I am doing the actual accounting for every corporation in the country that there is possible while also presenting graphs to explain the information to the executive committee. I can't imagine FAR being this hard.
Am I overreacting or is BEC really this tough? Why is everyone saying this is the easy test? I read somewhere that BEC was changed in 2017…maybe all of these “easy” sentiments are coming from those who took it before then?August 12, 2019 at 7:35 pm #2626920JFKGYParticipant
It's unlikely for you to get a whole bunch of calculation. If you do get them it will be a one step calculation, never saw anything on budgeting, projection, and hedge fund. Variances is a must. Ratios just know the top ten.
I got hit hard on all the solid regulation questions, the number of years, board, etc.
I felt like BEC was the ethical core value test. Anyhow, I would think most people think it's the easiest because they already know the ratios and stuff from FAR TEG and AUD? There's a lot of overlap.August 12, 2019 at 8:02 pm #2626992CPAHOPEParticipant
I underestimated BEC but BEC is no joke. The AICPA make some of the questions very tricky by twisting and rewording them. Make sure to know variances very very well. Doing a sim on variance will be a very good idea. If you dont know variances, you dont know BEC!!August 13, 2019 at 7:34 am #2627562UnknownParticipant
JFKGY – How long ago did you take your exam? It looks like you got lucky. I have sat for BEC 5 times and it they surprised me with mostly cost accounting calculation problems. I suppose it depends on what exam you get.
The AICPA made major changes to BEC in 2017 and it has been a nightmare ever since. So, to the poster, you're absolutely right. BEC is definitely a no joke. It was more difficult for me than AUD was. The 82 score took 5 attempts to pass. AUD only took one silly attempt that I was not even really prepared for.
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