BEC Study Group April/May 2013 - Page 13

  • Creator
    Topic
  • #176450
    jeff
    Keymaster

    Guess I’ll kick it off!

    Scheduled to take BEC on 4/19. It’s my last test so I’m putting as much study time in as I can. If I pass I get promoted, if I don’t pass I don’t get promoted, so the pressure is on!!

    Good luck to everyone taking BEC this quarter!

    Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

Viewing 15 replies - 181 through 195 (of 631 total)
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    Replies
  • #416272
    Anonymous
    Inactive

    Fatma,

    Net Present Value(NPV) = (Present Value of Future Cash Flow) – (Required Investment)

    Since they don't provide you with a Present Value table, you'll need to create your own using the following formula:

    1/(1+i)^n = Present Value of $1. “i” = Interest Rate and “n” = # of Periods

    In order to get the Present Value of an Ordinary Annuity of $1, you simply add the values from the Present Value of $1 table that you just created:

    [1/(1+.1)^1] + [1/(1+.1)^2]…+[1/(1+.1)^5)] = 3.790

    $3,000 x 3.790 = $11,370 = Present Value of Future Cash Flows

    $11,370 – $11,000(aka Required Investment) = $370

    #416273
    Fatma
    Member

    Casey

    Thanx! I thought we will never need to use the formula

    FAR 86 May 12
    AUD 84 August 12
    REG 80 Jan 13
    BEC 76 April 13
    And am done !!!

    #416274
    Anonymous
    Inactive

    We have to know how to calculate PV factor??? I haven't seen that anywhere in CPAExcel or Wiley Testbank!!!

    #416275
    Fatma
    Member

    k917

    This question is one of the released one ! In my first attempt have not seen any but I think you should know them in case !

    FAR 86 May 12
    AUD 84 August 12
    REG 80 Jan 13
    BEC 76 April 13
    And am done !!!

    #416276
    Anonymous
    Inactive

    Damn!!!

    #416277
    so1913
    Participant

    Oh great 🙁

    AUD - 90 Pass
    REG - 70,61,81 Pass DONE DONE DOOOOONNEEE!!!!!!!!
    BEC - 79 - Pass
    FAR - 70,82 - Pass

    #416278
    KnightsCPA
    Member

    Exam is on Thursday… Took the Wiley Practice exam and got 88% right on the MCQs so hoping that is a good sign. Just gonna read notes, formulas, do MCQs, and read over some written communications today. Then do some light reading/MCQs tomorrow and hope for the best.

    So nervous!! Praying this is my last one!

    FAR - 83
    AUD - 81
    REG - 92
    BEC - 87
    ETHICS - Done

    #416279
    whatamidoing
    Member

    Good luck on Thursday!

    I decided to bite the bullet and spend the $$ on Becker's Final Review. I don't want to take any chances with this exam. I used it for REG and it really helped me pass the exam I think.

    F - 85 (11/2012)
    R - 87 (1/2013)
    A - 92 (2/2013)
    B - 90 (4/2013)

    DONE!

    #416280
    ROACH
    Member

    How much was Becker's Final Review? And what does it consist of?

    BEC: 66 | 69 | 7/23/2013
    AUD: 8/28/2013
    REG:
    FAR:

    #416281
    Anonymous
    Inactive

    Hi guys,

    I took BEC in Feb 2013 and got a 71. 🙁 Anyone has any advise….I am taking this Saturday 04/20 and I am very nervous

    AUD 92

    BEC 71

    FAR July 9th, 2013

    REG Not sure when

    #416282
    Shanta_J
    Member

    Hi Everyone, just took Audit Tuesday… now I'm starting with BEC. My exam is on May 29th. I'm giving myself 6 weeks to prepare. Anyone else studying for this amount of time?

    REG*75* 02.27.13(1)
    AUD*82* 04.15.13(1)
    BEC 05.29.13
    FAR 08.12.13

    -Becker Self-Study-
    *Through God all things are Possible*

    #416283
    MintsRGood
    Participant

    @Shanta_J We have parallel CPA exam lives right now!!! Audit yesterday and BEC on 5/31 for me and frankly I'm ready to studying anything else besides auditing!!! How did your exam go yesterday?

    @Casey glad to see you in the BEC study group! At least we are out of the audit swamp for a few weeks! 🙂

    I hope that 6 weeks of prep will be enough to get the job done, especially since tax season (thank goodness) is over and I don't have to work Saturday and Sunday anymore! This week I'm going to get all of my materials organized, put Ninja notes and audio on my devices (iphone, ipad, work computer, etc.), and make a study plan that I can implement ASAP!

    For those of you that have taken Auditing and moved on to BEC, are the IT components similar?

    Good luck everyone!!!!!!!!!!!

    REG: 75 DONE 🙂
    AUD: 61, 71, 68, 92 DONE 🙂
    BEC: 76 DONE 🙂
    FAR: 72, 74, 79 DONE 🙂
    Licensed Michigan CPA 🙂
    -Some people dream of success...others wake up and work hard for it!!!
    -The cowards never start and the weak die along the way!
    -You better work, b***h!
    -Only those who dare to fail greatly can ever achieve greatly.-JFK

    #416284
    Anonymous
    Inactive

    Exam Friday. Could be my last one. I really hope it is! Getting nervous!

    #416285
    whatamidoing
    Member

    Roach – It costs $260 from Becker. They send you a summarized version of the main book, hitting on the main points of each lecture. There's also a supplemental lecture for the book that usually run about 30-45 minutes per chapter. They have a few additional MCQs and Simulations (or the written communications for BEC). For REG, it really helped bring it all into perspective for me. Hoping it does the same for BEC. I'm so behind in my review.

    F - 85 (11/2012)
    R - 87 (1/2013)
    A - 92 (2/2013)
    B - 90 (4/2013)

    DONE!

    #416286
    Shanta_J
    Member

    @MintsRGood… honestly, I was expecting it to be horrible but it really wasn't -_-… I don't know if I missed something though. I felt like Becker prepared me beyond measures. Multiple choice took me about 2 hours so I spent the other 2 on sims, and got to use the AL to help me out on one…. I am honestly curious to see this grade… I hear a lot of people say they felt like the did wonderful on audit and ended up failing… but I made sure I went back and reread each question and my answer… so we shall see… I know I prayed about it before I went in, so hopefully I get a passing score… looking forward to seeing it.

    But on to BEC 🙁 I'm not a fan of cost accounting so I will be putting in a lot of hours for this one. Going to get through chapter 2 by the end of the weekend. I can already tell that I will be making quite a few flash cards so that I memorize/understand formulas!

    REG*75* 02.27.13(1)
    AUD*82* 04.15.13(1)
    BEC 05.29.13
    FAR 08.12.13

    -Becker Self-Study-
    *Through God all things are Possible*

Viewing 15 replies - 181 through 195 (of 631 total)
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