REG Study Group 2019

This topic contains 655 replies, has 124 voices, and was last updated by  CH89 2 hours, 21 minutes ago.

Viewing 30 posts - 571 through 600 (of 656 total)
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  • #2518476

    74phoenix
    Participant

    @kaooakki what a difficult position to be in. I'm sorry to hear that.

    AUD - 80
    BEC - 77
    FAR - 79
    REG - NINJA in Training
    Sick of having the CPA cloud hanging over my head. Need to get it and move on in life!
    #2518572

    kakooakki
    Participant

    @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?

    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
    #2518668

    Boardmangetspaid91
    Participant

    Working problems in gleim seem a bit more difficult than other cpa banks anyone else have the same experience? Getting 80s in old test bank but 60s in gleim. its frustrating

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - 81
    REG 81 7/2019

    BEC TBD 12/2019

    AUD TBD 9/2019

    FAR TBD 10/2019

    #2518710

    kakooakki
    Participant

    @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 excel

    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
    #2519034

    74phoenix
    Participant

    @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.

    AUD - 80
    BEC - 77
    FAR - 79
    REG - NINJA in Training
    Sick of having the CPA cloud hanging over my head. Need to get it and move on in life!
    #2519208

    krstnam
    Participant

    @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!

    I'm going to be the person who says "I finished even though..." not the person who says "I didn't finish because..."

    B - 77, 76

    A - 57, 64, 72, 76!

    R - 78 (lost credit 5/18)

    F - 54, 73, 71, 64, 69, 76!

    #2519337

    Boardmangetspaid91
    Participant

    @krstnam what are you average in Gleim right now? im at 61% not sure if it means im not ready or that its just really hard. I got a 73 when I took it a couple weeks ago. Still don't feel like im as prepared when I walked into that exam especially with these low gleim scores

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - 81
    REG 81 7/2019

    BEC TBD 12/2019

    AUD TBD 9/2019

    FAR TBD 10/2019

    #2519622

    Tncincy
    Participant

    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.

    It begins with a 75
    Been here too long as a cheerleader.....time to pass
    #2522298

    Boardmangetspaid91
    Participant

    Been hammering MCQ but don't feel like Im progressing much. need advice as my retake is in a couple of days!

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - 81
    REG 81 7/2019

    BEC TBD 12/2019

    AUD TBD 9/2019

    FAR TBD 10/2019

    #2523846

    kakooakki
    Participant

    @74phoenix @krstnam
    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 well

    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
    #2523942

    kakooakki
    Participant

    I am using Becker v3.3 does that works?

    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
    #2524335

    74phoenix
    Participant

    @kakooakki those property transaction tables sound helpful! Share if you can please 🙂 I think your game plan sounds great. And I think Becker v3.3 is good – unless they recommend a newer one?

    AUD - 80
    BEC - 77
    FAR - 79
    REG - NINJA in Training
    Sick of having the CPA cloud hanging over my head. Need to get it and move on in life!
    #2524863

    karla
    Participant

    @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.

    Failing is not the end; keep trying. I will keep trying.
    #2525427

    Tncincy
    Participant

    @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.

    It begins with a 75
    Been here too long as a cheerleader.....time to pass
    #2528208

    Jex
    Participant

    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!

    FAR - 81
    REG - 89
    AUD - 86
    BEC - 92
    #2528688

    Wineclaw
    Participant

    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 off

    AUD - 85
    BEC - NINJA in Training
    FAR - 76
    REG - 73
    I passed FAR. There is no going back. 75 OR BETTER!
    #2528847

    karla
    Participant

    @jex Thanks!! Im retaking REG on the 15th, so good to hear someone's input. Good luck- hoping you get a passing score!!!
    @wineclaw Good luck!!!! you got this!!!

    Failing is not the end; keep trying. I will keep trying.
    #2530953

    kakooakki
    Participant

    @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 moment

    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
    #2530965

    kakooakki
    Participant

    @jex good luck! yea sims are always tricky and I think I should put more effort on practicing it. Which material did you used for sims? Is it Becker?

    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
    #2530989

    kakooakki
    Participant

    @tncincy when you are planning to take the exam?

    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
    #2531067

    Jex
    Participant

    @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.

    FAR - 81
    REG - 89
    AUD - 86
    BEC - 92
    #2534382

    Wineclaw
    Participant

    Took REG today. Not expecting to pass; it was rough. The one month wait begins…

    AUD - 85
    BEC - NINJA in Training
    FAR - 76
    REG - 73
    I passed FAR. There is no going back. 75 OR BETTER!
    #2534643

    Tncincy
    Participant

    @wineclaw, Good luck to you. You never know sometimes, so we are looking for that pass report.

    It begins with a 75
    Been here too long as a cheerleader.....time to pass
    #2534979

    se7en.14
    Participant

    how are you guys memorizing all the phase out amounts?..so many..trying to see what a good method may be.

    .
    #2535495

    LittleTimmy
    Participant

    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.

    BEC- passed 16 months ago

    AUD- passed 12 months ago

    FAR- passed 3 months ago

    REG- 69 , 63, 81

    #2535588

    Jex
    Participant

    @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.

    FAR - 81
    REG - 89
    AUD - 86
    BEC - 92
    #2535897

    se7en.14
    Participant

    @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?

    .
    #2536077

    Jex
    Participant

    @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.

    FAR - 81
    REG - 89
    AUD - 86
    BEC - 92
    #2536722

    Bobsacajawillie
    Participant

    @jex How much of the mcq was business law? Thanks

    AUD - 81
    BEC - 86
    FAR - 79
    REG - 81
    Fly you fools!
    #2537550

    Jex
    Participant

    @eriknielsen467 I had around 4-5 BLAW questions in each of the MCQ teslets. Obviously, you never know what you're going to get but I think the AICPA section blueprints were pretty spot on for what I saw on the exam.

    FAR - 81
    REG - 89
    AUD - 86
    BEC - 92
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