[jeff]

BEC Study Group Links and Resources:

1. NINJA Monthly – $67 BEC Course
2. Free BEC Notes
3. BEC Course Comparison
4. How to Pass BEC (with NINJA)
5. How to Pass BEC (in 20 Days)
6. How to Pass BEC (after Failing)

See Also:

• FAR Study Group
• AUD Study Group
• REG Study Group
• BEC Study Group

[Jona]

@Pendragon87

Would you be able to give some hints/tips on the sections/equations that we should focus more heavily on? Anything else besides equations that would be helpful with the SIMS? That's what I struggled a lot on last time :/

[Pendragon87]

@Jona

Study all the capital budgeting techniques (Payback, IRR, ARR, NPV), Economic value added, inventory ratios, break even analysis, and contribution margin/gross profit type questions.

SIMS are such a wild card, you can get anything there from FAR type sims, to Balanced score cards, to SWOT analysis, etc. You kind of have to get lucky for the SIMS and get something that you know well.

[CPAnerd]

Thank you, were your sims. on Balance score cards and SWOT analysis?

[CPAnerd]

Also where is transfer pricing in the textbook, its in Final Review but I cannot find it in the textbook?

[gir]

I took my exam last week and I would agree with @Diego. You need to know everything he said PLUS COSO and IT. I would not just skim these sections and think you can just wing it. I heard that it took some people two hours plus just to get through the MCQs because of all the math. This was not my experience. It took me about 40 mins per testlet and finished with about 25 minutes left. Also, as others have said, the three essays can be on any topic so knowing how to write is better than trying to study topics to guess what may be on the exam. Good luck!

[Anonn]

Does anyone have any way to better understand exchange rates and exchange rate issues? I’m having a hard time understanding the concept

[Diana]

I’m guessing you’re asking about this:

Let’s say – you have 1.00 US$ and the exchange rate is to 1.20 EURO

$1.00 goes from 1.20 EURO to 1.40 EURO

IF you’re the BUYER:

yesterday you could have bought a candy bar 1.20E – today you have to pay 1.40E

Bad for buyer

If you’re the SELLER:

Yesterday you could have sold a candy bar and gotten 1.20 – today you can sell it for 1.40E

Good for seller

[Cocoadough]

Just retook BEC today and hopefully that was my last exam. I used Becker as my main study course and supplemented with Wiley test bank. I would say Becker mcqs were much harder and Wiley's TB had more conceptual questions that resembled the exam. Praying to see a 75 in the next few weeks!

[CPAnerd]

has anyone used the iPhone app CPA BEC Mastery helpful that has taken the exam?? I want to know if I should use it.

[CPAnerd]

hey do you think the app CPA BEC Masterly is helpful for the IT Section?

[ndunsmore]

Does the AICPA have 2019 Bec sample tests? Becker has the 2018 sample test, but I can't seem to find the 2019 one at all.

[Steven K]

Hey guys. I just started studying for BEC and assuming all went well with REG (which I took 2 days ago on 1/22), this will be my last section. I tentatively have the exam scheduled for Feb 16th. I intend on studying about 4-5hrs per day. Any advice on topics that are super important would be great. Also, is there any place I can figure out what the writing portion of BEC is like?

[Mission CPA]

Is anyone using Becker and drowning on B2 – Financial Management? It is taking me forever to get through this material. Does it get any better moving forward? I am really concerned I bit off more than I can chew this busy season.

[Jona]

I'm struggling with B2-B4 to be honest lol all the math stuff takes me a while to get through. If anyone has tips that'd be great!

[Steven K]

Yeah B2 is killing me as well!

[Author]

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