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  • in reply to: Official I Passed REG Thread #1497964
    TAYNE
    Participant

    Goingallin:

    Yes, go back through the section of the book you're studying, taking notes on the most important concepts to condense the physical amount of material.

    For example, you did the R2 lecture yesterday, so today you would sit down, read through the marked-up R2 material and work toward condensing the material in your own format/wording/color/whatever works for you. The goal is that transforming Becker's words into your own provides you with not only a more efficient study tool (short notes), but you are doing more information processing that entrenches the concepts in your brain. You will realize that when you can reformulate a concept into your own interpretation, you have a more robust and cohesive knowledge of the concept.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - 94
    HEY PAUL, I'm TAYNE; I can't wait to entertain you

    Image result for TAYNE GiF

    in reply to: Official I Passed REG Thread #1497832
    TAYNE
    Participant

    REG SCORE: 94

    I am a CPA candidate who is (uniquely?) entering the litigation/financial advisory service line; I am not a tax specialist.

    The studying approach detailed below was done in combo with a BECKER CPA PREP, but is easily adaptable to other prep courses.

    This exam was daunting, especially with respect to the taxation of corporations, partnerships and estates/trusts.

    TAYNE's STUDY PLAN:

    Divide each lecture (i.e. R1, R2, R3…) across 3 days:
    Day 1: Follow along with the lecture; take notes; actually pay attention (it's hard, but pays dividends – pun).
    Day 2: Go through the reading again, TAKING NOTES ON PAPER ALONGSIDE –> Your goal is to CONDENSE a section (r1 as example) from 60 pages into 7-11 sheets of hand written concepts that you will be able to use as your personal Regulation Bible.
    Day 3: Study YOUR handmade notes. Study them like you're about to be tested on them. Then flip them over, but keep them by your side. Spend the remaining time crushing practice problems section by section. (Like study your notes on personal exemptions, do problems, then study notes on gross income, do the problems).

    This third step is crucial to you being able to review efficiently; as you get questions wrong, read the explanation and flip over your notes and identify the gap where that concept could have been clearer, more detailed, or present if missing entirely from the handmade notes. Make the new note in a different color or in a different handwriting (any difference will work) so when you review again you're aware of the fact that this is a supplementary/corrective note based on feedback you've received.

    repeat 8 times = 24 days for REG (using Becker).

    24 days… inefficient?

    NO – it is THOROUGH, but not inefficient; Here's why:
    Your review process will now take only 6 days if you spend 2 days on the 2 practice finals and the other 4 days doing progress tests and SIMULATIONS (DO THE SIMS I CANNOT STRESS THIS ENOUGH).
    Now, the 24 days of thorough review have shortened the suggested 2.5 week review period into a 6 day process, leaving a CUSHION of 3 days (calculated below)

    typical prep = 1 day lecture + 1 day MC/sims = 16 days ‘learning'
    typical review= 2.5 weeks = 17.5 days reviewing
    TOTAL= 33.5 DAYS
    (30.0) days in my revised approach
    = 3.5 days of extra time.

    3.5 extra days? So what?

    Using this approach, you're constantly identifying weaknesses AS YOU PROGRESS, meaning that your review process is ACTUALLY a review, rather than a re-learning, ‘oh s***t I dont know what DNI is'phase of stress-building, time consuming study behavior. Additionally, this prevents students (by design) from focusing too much on the answers to MC problems and more time actually learning the concepts, which is so clutch when you're thrown a curve ball.

    If you have failed already and need a new approach, try this out. If you're worried about failing and you have a full 30 day period to study, try this out.

    Best wishes,

    T

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - 94
    HEY PAUL, I'm TAYNE; I can't wait to entertain you

    Image result for TAYNE GiF

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