[jeff]

BEC Resources:

Free BEC Notes & Audio – https://www.another71.com/cpa-exam-study-plan

BEC 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

BEC Score Release: https://www.another71.com/cpa-exam-scores-results-release

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

[Qlad]

@ucmcpa….thanks for attempting…I have some idea due to FAR but this is confusing….u will get to it…it's too detailed…many of them i just can't understand…

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Qlad]

@ucmcpa….thanks for attempting…I have some idea due to FAR but this is confusing….u will get to it…it's too detailed…many of them i just can't understand…

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Amay]

What specifically are you having trouble with? Do you want to maybe post a question you are not getting as an example to see how we can help? The basic principle of calculating NPV is taking cost less PVFCF. Positive result means it's a good investment. Negative it's bad. If it's the details of actually calculating the PVFCF you are having trouble with, the best way to learn it is doing multiple questions. Usually most questions in Becker require you to calculate the PV of the annual cash flows (annual cash flows multiplied by the PV factor) plus the depreciation tax shield/savings (annual depreciation multiplied by the tax rate).

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Amay]

What specifically are you having trouble with? Do you want to maybe post a question you are not getting as an example to see how we can help? The basic principle of calculating NPV is taking cost less PVFCF. Positive result means it's a good investment. Negative it's bad. If it's the details of actually calculating the PVFCF you are having trouble with, the best way to learn it is doing multiple questions. Usually most questions in Becker require you to calculate the PV of the annual cash flows (annual cash flows multiplied by the PV factor) plus the depreciation tax shield/savings (annual depreciation multiplied by the tax rate).

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Amay]

Sorry I meant to say the other way around: PVFCFs less cost. If it's positive (meaning the CFs are more than the initial cost) then it's a good investment. Don't mean to confuse you!

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Amay]

Sorry I meant to say the other way around: PVFCFs less cost. If it's positive (meaning the CFs are more than the initial cost) then it's a good investment. Don't mean to confuse you!

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[joch0803]

I was talking to my friend today about my new job and this is what came out of my mouth ” Well my propensity to save is greater than my propensity to spend, so that's a good sign! Plus, I enjoy not having to purchase inferior goods anymore!”

I stopped, realized what I had just said, and shook my head. I guess the BEC material is starting to sink in : )

Audit 10/2012- 77
Reg- 1/7/13- 82
Financial-2/25/13- 78
BEC- 74,66,81!

License pending : )

Ethics- Passed
Experience- Done

Using Becker self study.
**For BEC retake using Ninja Blitz, Ninja Notes, Ninja Audio, and WTB (my Becker expired)

[joch0803]

I was talking to my friend today about my new job and this is what came out of my mouth ” Well my propensity to save is greater than my propensity to spend, so that's a good sign! Plus, I enjoy not having to purchase inferior goods anymore!”

I stopped, realized what I had just said, and shook my head. I guess the BEC material is starting to sink in : )

Audit 10/2012- 77
Reg- 1/7/13- 82
Financial-2/25/13- 78
BEC- 74,66,81!

License pending : )

Ethics- Passed
Experience- Done

Using Becker self study.
**For BEC retake using Ninja Blitz, Ninja Notes, Ninja Audio, and WTB (my Becker expired)

[Qlad]

@amay….i think i need to go slower and clear some confusions….one is, when do u use PV of $1 and when PV of Ordinary annuity…????calculation definitely needs more practice but i am more afraid of the conceptual questions….even if i know, i get it wrong…

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Qlad]

@amay….i think i need to go slower and clear some confusions….one is, when do u use PV of $1 and when PV of Ordinary annuity…????calculation definitely needs more practice but i am more afraid of the conceptual questions….even if i know, i get it wrong…

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Amay]

PV of $1 is when you have one lump sum payment. For example, the salvage value amount that is received on the last year only. For that, you use the PV of $1 factor.

PV of an annuity is when you have multiple EQUAL payments. For ex., if you have cash inflows of 30K every year for 6 years at 10%, then you would use the PV of an annuity factor at 10% corresponding to period 6. Make sense?

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Amay]

PV of $1 is when you have one lump sum payment. For example, the salvage value amount that is received on the last year only. For that, you use the PV of $1 factor.

PV of an annuity is when you have multiple EQUAL payments. For ex., if you have cash inflows of 30K every year for 6 years at 10%, then you would use the PV of an annuity factor at 10% corresponding to period 6. Make sense?

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Qlad]

yes…thanks…will ask more questions as i go

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Qlad]

yes…thanks…will ask more questions as i go

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Amay]

I don't care if it's gloomy outside…today is the day I conquer BEC o̶n̶c̶e̶ twice and for all!!

BEC: 73, 81
AUD: 85
FAR: 71, 77
REG: 74, 75...finally DONE! 😀

*This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

[Author]

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