[jeff]

Trying something new …

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

[sdgh1826]

Thanks everyone for the tips! I'm off from work this afternoon so I'll be reviewing and do MCQs. The material should be clearer after spending more time on them.

Becker 2012, NINJA notes

[LisaMarie0426]

I am scheduled for October 1st, and I am 2 steps away from the “I don't know any of this” mode. I started my final review today (thank God for coworkers that take their breaks together away from the office), and I just want to be done with section so I only have 2 more to go moving into the holiday season!

I also found B3 challenging… I actually did those lectures last. While I know I need to do the MCQs until I'm blue in the face, the trick isn't doing them, it's making myself do them…

I just bought an alarm clock from Groupon that shakes the bed when it's time to get up. It may prove to be my secret weapon.

AUD 69..65..74..91!!!!
REG 77!
BEC 82!!
FAR 77!!!

Certified October 2013

Becker Self Study - All Sections
Ninja Audio - AUD

[sarah03076]

@ Hustlin-

Thanks for your advice! I will keep with the multiple choice through Saturday- then its off to B3 for me.

My house is a mess, my kids are watching way too much tv, and we are eating alot of take out! I really need to pass to make this all worth it!

BEC 11/28 Fail 🙁

[Anonymous]

i decided to sleep yesterday @8.30pm. it feels so good!

[silliepanda]

@Nam .. awesome …. I am exhausted … I jumped around doing questions .. Chapter 2 I am almost done with BUT the overhead variances make me roll my eyes and move on. What is the weekend plan? I wouldn't have been able to keep going without this site!!!

BEC - TOO MANY FAILS TO LIST! July 2015 I WILL GET IT!
AUD - AUG 2015- NEVER PASSED!
FAR - LOST CREDIT
REG - PASSED

[motivated12]

Here is my approach to variances. It’s not perfect but lets me get through most of MCQs. It works great with Materials and Labor variances, but has flaws when it comes to Overhead. I simplified the formulas so I don’t need to memorize all of them, jus need t to work my way through once I have a question on exam. Labor rate and Price of materials I call Rate. Quantity of materials used and Labor hours worked I call Quantity.

I figured there are two basic types of variance questions. The first type is about how much more/less you spent than was budgeted, and it asks you to find price, or rate, or spending variance. In this case I know I need to find the difference between actual $$ spent and budgeted (standard) amount. Here is the formula:

Actual Quantity * (Actual Rate – Standard Rate)

The second type is about how efficient you were with your use of labor or materials. It asks to find efficiency or quantity variance. The difference in quantity is (Actual Quantity – Standard Quantity) which is multiplied by Standard Rate:

Standard Rate * (Actual Quantity – Standard Quantity)

As for Overhead, I guess tabular format is the easiest way to memorize it.

What you guys think of 2012 AICPA released questions?

Created with Compare Ninja

FAR 95 / AUD 99 / REG 92 / BEC October 1

[Anonymous]

So trueeeeeee – seriously I love this website. It’s like you are studying in group – hahah virtual group – hahah too much IT in my head!

we just have THIS weekenddddd, I am panicking BUT LETS keep ourself COOL & CALM!! I am planning to finish strategic planning today so I will be up till 3-4 (I HAVE TO) . I am going to write those formulas atleast 10 times.

Saturday: I am going to start revising my weaker area Operational mgt, Corporate governance and half chapter financial planning make flash card notes

Sunday : finish financial planning , economics with Written communication skills.

Monday: IT & Write all the formulas.

TUESDAY : show time baby lol

How about you? Whas your plan ? I am rooting for you ….,

[Anonymous]

@motivated12 : thanks – i like your approach.

I will do those question tomorrow, I will let you knwo!

[LSNYC]

@motivated12 thanks for posting the questions. They seem pretty fair I think, I only did first 15 at lunch will review the rest tonight or on my way home.

Hoping to get in 3 hours tonight and 3 hours tomorrow and a full 6-8 hours Sunday, if I don't need to work.

My plan is continue to review IT tonight and do all the MCQ for IT today and tomorrow. Sunday I think I'm going to review financial planning and economics, and rewrite my notes and maybe formulas.

I still have 20 days, hoping to bring up my MC scores from 60's to 80's in the next 20 days!

A - 61, 91!!
B - 78!
F - 76!!!
R - 71, 73, 74, 69, 77!!!!

Finally done!

This is my 2nd attempt at the exam, I had two parts passed (failed many) and I stupidly quit, big mistake. Now I'm back and with a vengeance!

[Anonymous]

Hi BECers,

I'm super struggling with OH (overhead) variance like OH spending var, OH efficiency var & OH production volume var. these formulas are too complex to my brain. How can you guys overcome this topic? plz give suggestions…

Those who r studying for BEC. All the best for your exam.

[silliepanda]

Ok .. so not going to lie .. totally unsuccessful today. Completed chapter 3 section 1 :- So before I can even think of sleeping I need to finish Chapter 3 section 2 and wrap my mind around Chapter 2 section 2. Hopefully the coffee will help and I can get to Chapter 6 tonight! I can feel it getting closer by the minute!!!!! Monday will be here in the blink of an eye! AHHHHHHHH!!!!!!!!!!

@Nam … how do you stay up so late???? If you are up until 3 or 4 .. what time do you start? Good Luck everyone!

BEC - TOO MANY FAILS TO LIST! July 2015 I WILL GET IT!
AUD - AUG 2015- NEVER PASSED!
FAR - LOST CREDIT
REG - PASSED

[Anonymous]

Hey Sillipanda,

Lets do it! I drink 12 oz red bull from 7 pm :p , and have 4-5 cups of caffeine at work . So i am super hyper right now! around 12 i start feeling tiered . i wash my face and open the window for 5 minutes thinking i need to pass this exam ! WHEN its 12.30, i think my body automatically revives and i don't feel tiered.

Good luck , I will be logging back after 3 hours …

[silliepanda]

@Nam…hopefully you are doing great! Actually I know you are doing great!! I am done for the night … feeling a lot better about where I am. Tomorrow I am going to go over the questions I am not crazy about and re-read chapter 4 and chapter 6. Then Sunday MCQs MCQs MCQs!!!!

To anyone who is having problems with the overhead formulas or variances I found investopedia to be helpful…just a thought!

After Monday it is onto AUD! Ugh ….. am I done yet?? HAHA!!!

BEC - TOO MANY FAILS TO LIST! July 2015 I WILL GET IT!
AUD - AUG 2015- NEVER PASSED!
FAR - LOST CREDIT
REG - PASSED

[Anonymous]

Yo!!! Lol just taking a break from strategic planning .. So far so good . I m on page 40 and might do 50 mcqs then off to sleep ..

Lol lol the funny . I am on the same boat .. I will be studying audit after Tuesday .. Never ending road urghhh!!

Good luck! ‘ll update u tmrw.

[sdgh1826]

@ Nam

I'm finally getting the hang on things re: variances, something I dreaded days ago. Just keep plunging on anything difficult or confusing. I'm combining formulas and simplifying them, something like what motivated12 showed (thanks!). Invest time on understanding why figures are there. The questions could switch it up but you'll know how to “play along” just spend time on the problems.

Last night was not a good study session but I got back and refused to be defeated no matter how intimadated I was. Investing on colored erasable pens paid off, its easier to review and picture things out with them. I'm on hour 4.5 and will relax now. Up early tomorrow and more MCQs to figure out, the questions are torture the first time seeing them.

Please share more of your study strategy, what worked for you and what didn't? I have to break my study sessions per 4 hrs max. Thanks in advance.

Becker 2012, NINJA notes

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