Aida is a [A71 product=”combo”]NINJA CPA blogger[/A71].
Along with reviewing BEC, I started studying for REG. It's more challenging than BEC in terms of information size. The content, however, is easier for me because I like studying law and regulations.
Moreover, I think it is very helpful to know taxation (individual and corporate) to understand how tax returns work.
So, I have started with taxation. This section seems to require memorization of a lot of facts (e.g. income sources) and figures.
I was surprised to discover Ethics is a large part of REG. Don't underestimate ethics since the questions are not as straightforward as they may seem.
I'm planning to use the same strategy I used in preparation for BEC – skimming through the book and practicing as many NINJA MCQs as possible.
Additionally, since starting in April 2017 there will be 9 simulation tasks (more than there used to be), I plan to practice them as well.
I don’t think I mentioned earlier that I only did simulations on the last day before BEC. That might not work for everybody, but I thought simulation should not be a problem if you are familiar with the material.
I will keep you updated with my progress.