BEC Study Group – Q1 2018 - Page 3

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  • December 19, 2017 at 10:35 pm #1682816
    mfbc23
    Participant

    @bobby @JSirro I noticed you are using Becker to study BEC. What version of the book do you have? I have v2.0 but I saw they have a 3.1 out. Do you or anyone else on this thread know if there is a huge difference or if I can just use the version I have to prep for the exam in early Feb?

    AUD - 81
    BEC - 83
    FAR - 77
    REG - 77
    Don’t wish upon a star for your CPA- go past the sky and own it! You can do this!!

    AUD: 83 (Aug. 2015)
    FAR: 78 (Nov. 2015)
    REG: TBA
    BEC: TBA

    December 20, 2017 at 12:49 pm #1683353
    Tim
    Participant

    I'm just finishing the Gleim material. Going out of town for Christmas week then I will start my final review before my exam on Jan 15th. I gave myself more time for final review this time as I felt really stressed during my FAR final review phase when I only left myself like 8 days. My final review will consist of doing MCQ's from all topics to identify weaker areas. Then briefly review those chapters and do a lot of MCQ's from those chapters. I'm expecting to need to spend the most time on COSO. I want to have it almost memorized. I will also probably spend a day or two practicing written responses, mostly focusing on format and keywords. Lastly I will just hammer MCQ's until I'm trending like 80% like I was before I took FAR. edit: I will also do the AICPA practice exam at some point.

    Wish me luck. After my FAR score I feel like I need to at least try for the Elijah Watts-Sells award even though I don't expect to get it. If I get a 75 on this one I'll just be glad I don't even have to think about that anymore. CPA license is the goal.


    FAR - 97 (10/12/17)
    BEC - 95 (01/15/18)
    AUD - 88 (04/06/18)
    REG - 89 (11/16/18)
    December 20, 2017 at 12:57 pm #1683365
    bobby
    Participant

    @Jennifer oh duh, thank you so much!

    When I read the question, I mistakenly took the Internal Rate of Return as the Profitability Index. Classic case of if I was paying attention, I would have gotten the problem right!

    Thanks!



    @mfbc23     I'm using v3.0 right now while also skimming the online book. However, I couldn't tell you if or how big of a difference there is between the two versions!

    December 20, 2017 at 1:49 pm #1683437
    Anonymous
    Inactive

    @Tim,

    How many hours (weeks) do you spend on the 1st round of Gleim study units for BEC?

    December 20, 2017 at 1:49 pm #1683439
    Randi1213
    Participant

    Hi @jsirro I am new to this blog, and I just passed AUD (81) and will be taking BEC in mid-Feb using Becker material. I live in the baltimore area as well.

    AUD - 81
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    AUD - 44, 50, 71, 70, 81

    FAR - 56, 51, 65

    REG - 63, 58, 62

    BEC -

    December 20, 2017 at 1:50 pm #1683442
    bobby
    Participant

    Also, working on Chapter 2 Module 9 of BEC, and I was curious as to whether anyone knew how necessary it is to memorize the formulas to calculate the time value of money for factoring discounted cash flows?

    December 20, 2017 at 2:09 pm #1683463
    Tim
    Participant

    @ckcpa18

    I study for about 10-15 hours per week on average. I'm just finishing unit 20 and I started studying right after my FAR exam. So 10 weeks total with 2 weeks left for final review.


    FAR - 97 (10/12/17)
    BEC - 95 (01/15/18)
    AUD - 88 (04/06/18)
    REG - 89 (11/16/18)
    December 20, 2017 at 2:35 pm #1683508
    Anonymous
    Inactive

    @Tim,
    It is about the same plan for me prepared my AUD. So two months of study is also reasonable for BEC. Thanks

    December 20, 2017 at 2:53 pm #1683529
    jenpen
    Participant

    @bobby are you referring to the PV tables and stuff? If so, you do not need to memorize that as the exam will provide any PV tables for you. You'll just need to know which annuity number or whatever to use and how to do it.

    AUD - 85
    BEC - 84
    FAR - 82
    REG - 78
    Ethics - 95
    Licensed in IL & MO

    AUD - 56 - 68 - 61 - 9/8/16
    REG - 75
    FAR - 7/15/16
    BEC - TBD

    Wiley CPAexcel and NINJA 10 Point Combo

    December 20, 2017 at 7:22 pm #1683824
    mfbc23
    Participant

    Thanks @bobby I'll get the v3 version just in case. I'm officially signed up to take the test mid-February. Good luck to everyone!

    AUD - 81
    BEC - 83
    FAR - 77
    REG - 77
    Don’t wish upon a star for your CPA- go past the sky and own it! You can do this!!

    AUD: 83 (Aug. 2015)
    FAR: 78 (Nov. 2015)
    REG: TBA
    BEC: TBA

    December 21, 2017 at 8:12 am #1684087
    Pam
    Participant

    Help, I cannot for the life of me get the 2 additional points i need for BEC! I took in January 2017 and while sick failed, 65. Retook in April, 73, retook 10/31 another damn 73!! How do I get over this hump? I primarily used BECKER but I don't want to re-purchase and it's expired. I have a review book from another vendor that helped with AUD but not what I needed for BEC (I guess). I'm going to try and retake ASAP (I have FAR on 1/11 and that needs to be my priority) but REG expires in April and I want this over.

    I have notes, flash cards, review notes… what can I do for MCQ and simulations?

    December 21, 2017 at 9:48 am #1684145
    Tim
    Participant

    @Pam

    I really wouldn't try without any review package. I'm not sure what your best or cheapest option is. There are free trials with some of them I think. But when you're paying like $200+ just to take the test each time, trying to avoid paying anything for study materials generally isn't going to pay off. I'm not saying to go out and spend a ton of money on Becker again but at least get access to a decent test bank to practice on.


    FAR - 97 (10/12/17)
    BEC - 95 (01/15/18)
    AUD - 88 (04/06/18)
    REG - 89 (11/16/18)
    December 21, 2017 at 10:27 am #1684180
    jenpen
    Participant

    @Pam Ninja is going to be your cheapest option for a test bank probably. Wiley will give you a 2 week free trial. Definitely look into something, though. And if you do Ninja you will get some updated materials, depending on what package you go with, that could help also. Do you have any book to use? I used Ninja test bank this month and now I'm going back and reading the Wiley book to help give me the edge I need to get the last 5 points. I used Wiley alone last year and got the same score, so I'm hoping by combining the two packages I'll get there. Good luck!

    AUD - 85
    BEC - 84
    FAR - 82
    REG - 78
    Ethics - 95
    Licensed in IL & MO

    AUD - 56 - 68 - 61 - 9/8/16
    REG - 75
    FAR - 7/15/16
    BEC - TBD

    Wiley CPAexcel and NINJA 10 Point Combo

    December 21, 2017 at 12:54 pm #1684265
    Randi1213
    Participant

    Hey everyone! I'm new to this site and I just wanted to say that I am motivated by your comments. I started taking cpa exams in 2010. I failed all the exams repeatedly over the years (with the exception of BEC because I've never taken that one) and this year I finally passed one, which was Audit (81). I'm so glad that I found this forum and I just wanted to introduce myself. I will be taking BEC in Mid-February.

    AUD - 81
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    AUD - 44, 50, 71, 70, 81

    FAR - 56, 51, 65

    REG - 63, 58, 62

    BEC -

    December 22, 2017 at 11:54 am #1684756
    bobby
    Participant

    @Randi1213 keep up the excellent work! my favorite phrase I've read on here has to be ‘you only fail when you quit.' So true, keep up the good fight, we're all in this together

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