[jeff]

Welcome to the Q1 2017 CPA Exam Study Group for BEC. 🙂

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

[LIZZ]

My study plan is to do exactly what JEFF tells me to do till i pass the CPA exam. My goal is to take a week with each step, I study about 35 hours a week.

1. Read Ninja book cover to cover & take notes
– Hand write Ninja notes
– Review Ninja Audio

2. Ninja MCQ's -goal assessment phase
– Mixed MCQ's – Looking for my week areas, always taking notes
– Review Ninja notes & Audio
– Ninja Plus Videso & Notes

3.Ninja MCQ's – goal adaptive learning
– Focused MCQ's on Weak topics
– Review Ninja notes & Audio
– Ninja Plus Videos & Notes

4.Ninja Final Review Week – Trending Score 80%
– Mixed MCQ's with a ave score of 80%
– Ninja Blitz
– Re-write all Notes
– Review Ninja notes & Audio
– Ninja Plus Videos & Notes

I hope I can save a lot of time by NOT watching the long boring videos, I learn 90% of the material by doing MCQ's anyway then going back to the text for things I dont understand. I have plenty of resources to help me nail down the concepts like the 2016 Wiley books, OLD Becker book, OLD Gliem book and this blog = ). I hope to use the text as a last resort, researching to understand topics 1. is fun to me 2.After I put in all that effort I actually remember the material.

Good Luck Everyone !!!

FAR - 05/2015
AUD - 75,11/2014
REG - 07/2015
BEC - 09/2015

[Joe]

@LIZZ if you stick to that plan you will be just fine. One of the challenges for me was having too much to refer to. Once I started rewriting notes and aiming for 85% average trending score, things really started to click.

You will do great!

[mtaylo24]

Good morning, aiming for 150 Gleims for BEC today and 250 in FAR. Working mostly budget and IT. Capital Budgeting and Globalization tomorrow. Happy studying!

AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
REG - 55 (2/16) 69 (5/16) Retake(8/16)
BEC - 71(5/16) Retake (9/16)
FAR - (8/16)

[SONA]

My exam is on 13th. Today and tomorrow separate Ninja MCQs. Then from Monday mixed questions and at least 3 writing. Not very confident yet, my average trending score is 67%.

Don't know exactly what to do? any tips.

[CPA_or_DieTrying]

@Lizz your plan seems well thought out. I am in similar circumstances to you I have my first test scheduled for the 31st of Jan. I really don't know how to study for this test. I have Rogers CPA review. I listen to the lectures take my own notes and then try MCQs at the end of the chapters. I just purchased Ninja questions to supplement. I do well on Rogers CPA review questions and not so well on the Ninja MCQs. I am concerned that Roger is giving me a false sense of confidence sense the questions usually come straight from the book or either the lectures. Im wondering if reading this book cover to cover, taking notes, watching the lectures and then doing the MCQs is the best use of my time. The 31st is right around the corner lol

[Joe]

@SONA have you reached the “Review” phase yet?

[SONA]

I will be reaching review phase by monday.

[ng3926a]

My exam is the 21st and I started the review stage this past week.
Here's my plan:

Tuesday 3rd -Sunday 8th-> Study each of the six Becker chapters individually on each day (Read book [again], Becker flash cards, read through my notes, MCQs). Then Sunday night do a practice test and see what I need to improve on

Monday 9th- Sunday 15th-> MCQs mostly, flash cards, read through my notes. Second Becker practice test on Sunday night and see how I do.

Monday 16th- Saturday 21st -> Luckily I have MLK day off so MCQs forever on Monday. The rest of the week I'll keep doing MCQs but also making sure I am focusing on concepts I'm having trouble with. I also have Friday the 20th off due to the inauguration and me working in downtown DC [lol yeah I wasn't planning on going into the city that day anyway] so I'll do nonstop multiple choice, do some practice Sims and go to bed at 10pm. My exam on Saturday isn't until 1:30 so I'll read through my notes and be at the testing center early (or try to due to all the marches and protests that will occur in DC).

I'm writing this down so I hold myself more accountable since all I want to do right now is eat food and watch netflix on this snowy day XD

[Teal]

Hi everyone!

Just took REG on Thursday and am now beginning BEC again. Does anyone have any suggestions on how long to study for BEC? My test is not until March 3rd because my works busy season is January. When would you all start studying?

Thanks and look forward to working with you all!
Teal

FAR (66,68) Aug 26
REG (66) July 25
AUD (66) December 1st
BEC - October 3rd

[ReineMossi]

Thanks everyone for answering my questions earlier…

@Teal, that's my second retake for BEC and I still studied for about a month. Since you are using Ninja , look at your trending and average score to evaluate if ready or not.

I used Becker and bought Ninja because I started to memorize Becker's answers.

[ng3926a]

https://www.another71.com/cpa-exam-forum/topic/first-time-poster-bec-formulas

For those who have trouble with formulas

[mtaylo24]

This damn budgeting chapter (ch 16 in Gleim) is ruining my life today smh! I usually move on whenever I get an 80% on a quiz of 20 mcq, and I keep scoring in the 70s 😑

AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
REG - 55 (2/16) 69 (5/16) Retake(8/16)
BEC - 71(5/16) Retake (9/16)
FAR - (8/16)

[ReineMossi]

Hi all,

Alright, I get confused with the ROI and RI formula

ROI = NI/INVESTMENT

RI = NI – RR

My confusion comes from the fact that sometimes answers use Average investment and sometimes not.

[CPASF1]

Anyone figured out a way to understand the variance material
so far I am planning on using PURE (to figure out what I am solving for); ASAS ( in this order so i know if it's actual or standard); SAD (standard – actual); i'll just memorize the QPHR part and then know that if Q is outside of the parentheses then P would be inside and vice versa. but after I memorized all this i couldn't really apply it to a problem: i am guessing the problem relates to the overhead variance and not the simple DM and DL variance analysis, maybe that's why i couldn't apply it using the setup right below.
P = AQ (SP-AP)
U= SP (SQ-AQ)
R= AH (SR-AR)
E= SR (SH-AH)

problem: A company has gathered the following information from a recent production run:

Standard variable overhead rate $10
Actual variable overhead rate 8
Standard process hours 20
Actual process hours 25
What is the company's variable overhead spending variance?

Also, in Roger there's variance analysis and then there's this section on overhead variances (OA= SDLH * POHR; OSV: PVOHR * (SDLH-ADLH); OEV, OVV), which is even more confusing, I looked online to see if there were any mneumonics on it or just a simpler way i can wrap my brain around it and I couldn't really find any. can someone please guide me so maybe i can organize all these formulas a little better? thanks!

[jelani1911]

@ReineMossi, I personally would use average investment for the ROI formula.

[Author]

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