June 30, 2019 at 2:53 pm #2518476
@kaooakki what a difficult position to be in. I'm sorry to hear that.June 30, 2019 at 3:23 pm #2518572
@74phoenix it is such a nightmare. Really want to get out of it and have my life back. I decided to give the REG last try if it works it works if not I am not carrying on. So far planning to sit sometime in July. What about you?June 30, 2019 at 3:54 pm #2518668June 30, 2019 at 4:11 pm #2518710
@boardmangetspaid91 absolutely agree with you. I feel it is like different content and topics had that experience in BEC and my friends shared the same feedback in REG. personally didn’t use it for REG and to be honest bottom line the type of questions the have I have never seen it in the exam. Currently I am using Becker and ninja also got access for cpa excelJune 30, 2019 at 5:50 pm #2519034
@kaooakki I also lost a test back in September. I was struggling hard and said if I don't pass the next one I'm quitting this. Then I passed. Now I'm almost done test (after many many tries over 3 years). REG Is my last one which already failed a bunch of times over these 3 years. I know your pain. I take my test July 16th. I use a combo of Ninja and Becker now.June 30, 2019 at 6:57 pm #2519208krstnamParticipant
@kaooakki – hang in there. I've been studying since February 2016 SMDH. I took BEC and REG first because of the big changes to the exam that happened in 2017/18 – took 6 times to pass FAR, 4 for AUD and I lost them both 🙁 I passed BEC again and now I'm on to REG – while it sucks I think we can feel a little better going into the exam knowing we've passed it once so there's no doubt that it is something we can do!
I'm studying with the Gliem test bank. For FAR/AUD I did Wiley and supplemented with the Gliem test bank.
Best of luck!June 30, 2019 at 7:56 pm #2519337June 30, 2019 at 9:48 pm #2519622
Hi Ninja's, I've been reading the posts over the last few days and I must say to stick with this exam and determined to pass takes a lot of guts. I think that a person have to want to really want to be a cpa to loss credit after passing and then try again. I know it is very discouraging and disheartening to fail and fail to have to study again, but I say if you really want it go for it. Take a minute, take a deep breathe, create a game plan and get to it. If you passed, you can pass again with the same study and determination. I have said so many times I'm not trying again. My husband said make up your mind and spend no more money on courses and materials if I'm not going to study. With that, I decided to get it into gear. I still have panic attacks and anxiety moments but I am studying and looking forward to passing. So my pep talk is don't stop believing. It takes nothing to quit, but it takes a lot of courage and determination to try again. Please try again. The ninja's are here to encourage until the end. Keep studying hard gang.July 1, 2019 at 3:20 pm #2522298
Been hammering MCQ but don't feel like Im progressing much. need advice as my retake is in a couple of days!July 2, 2019 at 2:25 am #2523846
Thank you guys for your words but u know it it really frustrating.
I am giving it a proper chance this time, took unpaid leave for 20 days and aiming to sit for reg around 20 July. Hopefully it is enough for me to kill it.
I am planning to go through the concepts again use ninja and Becker and I feel I need to start to focus on Sims and get it done from more than one source, does that sounds like a good plan? Especially I feel the sims is more focused on certain areas.
I am also planning to have some tables to help me to solve the property taxation questions, happy to share it with you as wellJuly 2, 2019 at 3:37 am #2523942July 2, 2019 at 7:17 am #2524335July 2, 2019 at 9:46 am #2524863karlaParticipant
@BOARDMANGETSPAID91 maybe try using the flashcards to know you nailed down the concepts. Then try remembering the exam and what you really struggled with so you could go over that topic either with notes or questions, in case you get a similar question again. Then go back to doing MCQs. Or use a mix of both.
Good luck on your exam! Let us know how it goes.July 2, 2019 at 2:12 pm #2525427
@kakooakki, sounds like a great plan. Good luck to you. Study hard. I like the flash card suggestion. I forgot about the flash cards. I have so much stuff until I forget what to use. I kinda stick to my favorites. But use the flash cards.July 3, 2019 at 2:40 pm #2528208
Just took REG yesterday and thought I would give anyone that cares to read some input. 🙂
Overall, the exam was fairly balanced and did not test heavily on any one specific topic. I will say, there were more conceptual questions on my exam than I expected in the MCQs. This was not a bad thing, as many of them did not consume a lot of time during the exam. Personally, I thought the SIMs were somewhat intense. Certain parts of the SIMs were straightforward, but then the following question or two would throw in one more little detail that would make you question your answers. This made me feel like I was only getting a portion of the SIM correct. It really only happened on about 3-4 of my SIMs, but it was still frustrating nonetheless. Keeping that in mind, partial credit will definitely help keep my mind at ease until the August 6th release date. In terms of topics tested within SIMs, I would not focus heavily on BLAW and really focus on the tax portion. (Specifically; Individual, C Corp, Partnerships, along with Estates and Trusts.) If you guys have any questions feel free to let me know and I will answer them as soon as I can!July 3, 2019 at 5:26 pm #2528688WineclawParticipant
Hey fellow REG takers!
I'm coming down to the wire on my REG study; my exam is Friday. I've done 740 MCQs trending a 63% with Gleim's test bank. Not feeling too confident with that score. Though I didn't feel confident for FAR and ended up passing, so maybe I'll be alright. Gonna finish up my review with my Anki flash cards and a bit more MCQ tomorrow.
Good luck to everyone!
@Jex thanks for the info, hopefully focusing on tax this week in my review pays offJuly 3, 2019 at 6:30 pm #2528847karlaParticipantJuly 4, 2019 at 1:11 pm #2530953
@74phoenix yes sure I can send it to you, just drop to me an email and I will send it back. My email is the same as my nickname here and it is at hotmail.
How is it going with everyone I am trying to get 1 chapter done per day but seems to be bit hard. Putting more focus on tax chapters at the momentJuly 4, 2019 at 1:17 pm #2530965July 4, 2019 at 1:19 pm #2530989July 4, 2019 at 1:49 pm #2531067
@Kakooakki I did use Becker. Overall I think Becker did a fairly decent job at preparing for the SIMs. However, the only complaint I have with the Becker SIMs is how they format them. Many of the Becker SIMs relate only to a specific subject, but rarely include SIMs that cover multiple chapters. With that said, you don't need to get 100% of the SIMs correct. So if you only know a portion of a SIM, it is definitely not something to worry about on test day.
Something I forgot to mention before, I was worried about having to know some of the new limits for AMT and QBI as Q3 is when the AICPA updates the exam. Maybe I got lucky, but I don't believe the AICPA expects candidates to know the numerical limits for these items off the top of their heads. Instead, your time would be way better spent on just understanding what goes into these calculations.July 5, 2019 at 5:17 pm #2534382WineclawParticipant
Took REG today. Not expecting to pass; it was rough. The one month wait begins…July 5, 2019 at 6:52 pm #2534643
@wineclaw, Good luck to you. You never know sometimes, so we are looking for that pass report.July 5, 2019 at 10:12 pm #2534979se7en.14Participant
how are you guys memorizing all the phase out amounts?..so many..trying to see what a good method may be.July 6, 2019 at 7:18 am #2535495LittleTimmyParticipant
REG Test is July 10, if I pass – I am all done, but my 18-month window ends on July 13, so I am cutting it real short. I am just thrilled however that I didn't take FAR as my first test, but I will lose BEC in a matter of days, if I don't pass REG this week. (If I don't pass REG this time, what I then would have to do is get my REG Score around August 6th, if I fail, then go sign up for new BEC Study Materials and try to study from August 7th to September 7th and take the BEC exam around September 8th, then take REG again in November and hope to pass it and be finished, before AUDit expires in December….).
After passing the other 3 exams with Roger, and then failing REG twice with Roger, I switched to Becker this time, this is my first time using Becker. I will say that Becker does a MUCH better job explaining Basis for Corporations, S-Corps, and Partnerships… and how to handle Losses and Terminations. Although, I think the Roger book for Business Law was better, and my NASBA Score Report said I was Stronger than the average candidate in Busines Law and Ethics…. so I am using BECKER for Individual and Corporate/S-Corp, but using Roger for Business Law and Ethics.
I've had no time to do MCQs this time however, it's taking me so long to get through the Becker Reg material, but I am going to spend the next few days writing out on big Posterboards the differences between BASIS for S-Corps, C-Corps, and Partnerships… I'm still getting too much stuff mixed up in my head, I keep forgetting this stuff as fast as I can read it.July 6, 2019 at 8:04 am #2535588
@Se7en.14 , from what I understand you don't need to memorize the phase-out amounts which change from year to year. However, I would highly recommend knowing the phase-out amounts for major items that don't change. One thing that comes to mind right off is the Mom/Pop exception (AGI between $100,000-150,000). Could just be my experience, but I was glad I didn't study limit amounts in too much detail come test day. I don't recall having a single question ask me about a random/obscure limit.July 6, 2019 at 10:24 am #2535897se7en.14Participant
@Jex Hello, I just thought maybe we would need to know phaseout amounts for solving some problems.(probably unlikely they'll just ask directly about the amounts.) Did you get any such problems where you needed to use them in calculating an answer?July 6, 2019 at 11:53 am #2536077
@Se7en.14 to answer your last question, I technically did have questions which required me to know specific limits to answer a calculation based question. However, the questions that required me to know the limits and phase-outs, were amounts that don't change each year. For example, I would not be surprised if you saw a question asking for the amount of gain a homeowner would recognize after they sell their house (The limit for the gain not recognized doesn't change from year to year). Another good example would be calculating charitable contribution deduction, you should know that there is a 60% (or 30% in some cases) of AGI limit and how that would affect the recognizable amount of the deduction. However, in the MCQs, I highly doubt you would need to know the QBI AGI limits when calculating someone's QBI deduction or even something like the AMT exemption amounts (since these amounts do change each year). It's possible you would need to know these amounts for a SIM, but you can get around memorization of these random dollar amounts if you are comfortable with using the authoritative literature.July 6, 2019 at 3:53 pm #2536722July 6, 2019 at 10:25 pm #2537550
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