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  • in reply to: Memorizing BEC Formulas? #2747982
    Cartman
    Participant

    I am studying for BEC rn. From what I have seen on the CPA forums, they usually give you the ratios unless its a MC problem. There are some tips for memorizing them just in case.

    Turnover ratios: INV= COGS/ Avg Inv

    Days in INV: Ending Inv/ (COGS/365)

    Return on Assets: Net income/ Avg Assets

    Its all about understanding the relation between the accounts in each ratio, and the purpose behind the ratio itself. If you can grasp the relationships then you will be able to remember them with ease.

    in reply to: BEC Q4 2019 Experience #2743815
    Cartman
    Participant

    Thank you all for sharing your experiences. How many hours of studying did you guys do for BEC?

    in reply to: Exam Taking Advice #2725968
    Cartman
    Participant

    There is no advice to be given really. Just keep your eye on the prize, and realize that if you slack off during the actual test it could wind up in you having wasted countless hours of time spent on studying. That pressure alone will sure be enough to keep you awake 🙂

    in reply to: Failed AUD with a 29… Any advice from those who passed? #2718096
    Cartman
    Participant

    If you want honest advice, I would say that you need to study harder. You need to put in the time, and recognize that if what you're studying is becoming repetitive/ is boring you, then you are doing something right. For audit, I read over every chapter 3 times, and only did multiple choice. Def take notes on your weak points, but do not over indulge in note taking, as it a big time waster. I would just read the lectures, and not watch them.

    This test is not easy, and is highly subjective as you said. I know this is simple advice, but its whats gonna get you that CPA. Try your best to not feel discouraged. You will pass this exam. In college, I once failed a tax exam with a 40. I didn't pay attention in class, and was blindsided lol. Recently I passed REG (with an 84) after 3 weeks of studying, and the material was mostly new to me. My point is, I had a killer comeback with Tax material, and you will have the same with AUD.

    in reply to: 9/19 Score Release #2699985
    Cartman
    Participant

    @keeppushing I took mine Monday and I still haven’t seen my score form be adjusted to “attended”.

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