BEC Study Group – Q1 2018 - Page 5

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  • December 28, 2017 at 2:43 pm #1687013
    Rosystilettos
    Participant

    Same here I have never felt so dumb after taking these exams!! Honestly, just yesterday I was questioning myself and the need for all this chaos and stress. However, I took a deep breath this morning and changed my mindset. Had to learn to accept failure and learn from it. I can’t quit and in my mind we can all beat this beast eventually. I use Rogers and like he says “The exam is not an IQ Test. It is a test of discipline. If you study, you will pass!” I’ll have to tell myself this everyday lol #2018GOALS

    December 28, 2017 at 3:08 pm #1687067
    tncpa2018
    Participant

    So I've been doing Ninja MCQ marathon this week since I have the week off. Anyway, I'm doing a random set of 30 questions and my score ranges from 60s to 90s with no consistency. I score a 90, then bam… the next set I get 60. Is this normal?

    It really is frustrating. When I thought I'm getting it… I'll get a very low score next.

    December 28, 2017 at 3:19 pm #1687121
    jenpen
    Participant

    I had that problem last window! I haven't really started answering many questions this time around, so I'm hoping to avoid that. You may need to go back and re-read or watch extra videos on some of the topics.

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

    Wiley CPAexcel and NINJA 10 Point Combo

    December 28, 2017 at 3:26 pm #1687145
    tncpa2018
    Participant

    Thanks Jennifer. I think most of my problem topics are coming from IT and Risk Management. I can find several videos on Risk Management, but I'm just not getting it. Hopefully it will sink in soon. With regards to IT, there's just no good resources for it or I'm not finding them useful.

    December 28, 2017 at 3:30 pm #1687153
    jenpen
    Participant

    IT is the worst. I don't think any program can really prepare you for that, but I heard Wiley has a pretty good overview of it. Someone last window used the 2 week Wiley trial before his exam and he said that really helped him prepare for the IT portion.

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

    Wiley CPAexcel and NINJA 10 Point Combo

    December 28, 2017 at 3:37 pm #1687169
    tncpa2018
    Participant

    Thanks for the info. I will try and get the trial version when I'm closer to taking the exam.

    December 30, 2017 at 1:20 pm #1688104
    S6
    Participant

    Hi guys, i have a quick question.
    is the Profitability Index calculated as: PV of Cash in flow after investment/investment or NPV/investment ??

    I saw in Ninja MCQ we used both…but i may be missing some significant piece of information.
    Any help will do, thanks!!!

    December 30, 2017 at 2:21 pm #1688125
    tncpa2018
    Participant

    @S6, NPV = PV of Cash inflows after investment. So the formulas you mentioned are the same.

    December 30, 2017 at 5:56 pm #1688168
    gmiglena
    Participant

    I have the most updated version of Wiley CPAexcel. The BEC course does not include the International Internal Auditing Standards material but it does appear in the Ninja Notes. Is this still tested on the exam? Or is it part of the newest update?

    Thanks.

    December 31, 2017 at 5:21 pm #1688368
    jmiller13
    Participant

    Question for those who have had to do a retake. I scored a 73 on BEC on December 7th. My retake is scheduled for 1/22. I got my results back yesterday and on the MCQ's I scored stronger in IT, comparable in Corp Governance and Finance, weaker in Econ and Operations. I scored weaker on the sims but stronger on the WC's. My question is should I start over studying like I haven't studied before or should I just focus on the weaker areas I had? Being so close to a 75 I'm not sure how to approach it. Any advice? Thanks!

    January 2, 2018 at 8:16 am #1688654
    jenpen
    Participant

    @jmilller13 I would say study everything. My second round of AUD that was my strategy, and on the second fail the stronger/weaker topics had flipped. Plus it's luck of the draw as to what you actually get on your exam, so you may fail to review something and end up needing it. Since I was lower than you, I opted to start over and am reading the book again and hoping that will help give me an edge, although I think I'm about to give up on that and continue hitting MCQs for the next 2 weeks before test day.

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

    Wiley CPAexcel and NINJA 10 Point Combo

    January 2, 2018 at 10:12 am #1688684
    Yahmon
    Participant

    Taking BEC February 22. Starting my studies today. Lets get this! Good luck to everyone

    FAR 8/20/15 - Passed 77
    AUD 10/10/15 -
    BEC TBD
    REG TBD

    January 3, 2018 at 1:49 pm #1689242
    Boose
    Participant

    Anyone care to share advice on how to handle studying the week prior to the exam. What you thought worked well, what didn't, how to handle anxiety or self induced pressure, etc. I'm finding that I do decently well on MCQs (90%-100% on Wiley assessments and ~80% average on Becker Progress Tests consisting of B1-B6 material) but have issues with the computations on some TBSs. I feel that if I continually do the same TBSs I may just end up memorizing the answers and cheat my way through the actual process. Also, what's a good way to study for the written assessments? I've been reading over sample essays thus far.

    Thanks!

    January 3, 2018 at 2:58 pm #1689287
    NC_22
    Participant

    good luck everyone!!! Never give up. We will be CPAs soon or later

    January 3, 2018 at 5:58 pm #1689367
    gmiglena
    Participant

    I have the most updated version of Wiley CPAexcel. The BEC course does not include the International Internal Auditing Standards material but it does appear in the Ninja Notes. Is this still tested on the exam? Or is it part of the newest update?

    Thanks.

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