[Anonymous]

This year, I decided to make a commitment to study my butt off and pass the CPA exam. This year, I’m doing nothing but working, eating, studying and sleeping. I’m sacrificing this whole year so I can pass this exam. I took 2 parts (FAR and AUD) a few months ago and passed both, which made me happy. Now, I’m studying for REG, which includes Tax and Business Law and right now, I’m feeling depressed. This part of the CPA exam has a lot of tax rules that need to be memorized and honestly, I don’t know if I’m capable of memorizing so much information. I mean, the human brain can only take so much. I have 15 months to pass my last two parts or I lose credit on the ones I passed. The fact that I’m struggling with REG is demoralizing me and it makes me wonder if I can do this or if I should just give up because it’s a waste of time.

Be honest…. do you think I’m capable of passing these last two parts even though the amount of information is enormous?

I apologize in advance if this question is silly, but studying for REG is depressing the heck out of me. I just don’t seem to get it.

[Minimorty]

https://www.youtube.com/watch?v=rX7wtNOkuHo

[Anonymous]

I know. I'm freaking out. Please forgive me. But seriously, REG is insane. I worked so hard to get through FAR and AUD, so I can't stop now. I'm going to make it through this if it kills me!!!!!

[Zizoty]

Looking at your FAR and AUD scores, you shouldn't have any problem with REG and BEC. Just continue with your study plan and put in the same effort as before. GL!

AUD - 83 Feb11
REG - 75 May11
BEC - 73 July11 84 Oct11
FAR - 63 Aug11 76 Feb12 I'M DONE!!!!!

[Anonymous]

The thing is…. REG is a totally different ballgame and comes as a pretty big shock to me. So, my scores in AUD and FAR doesn't necessarily indicate how well I'll do in REG. I'm sure there are people who did well on those 2 parts and got stuck on REG. It happens. But I worked so hard to get up to this point. I definitely can't stop now no matter how demoralized I feel.

[Minimorty]

@CPAMan – Just keep plugging along. Take one chapter at a time, one concept at a time. You have plenty of time to get this done. There is no need to freak yourself out. Have you scheduled REG? What study materials are you using? Just go through the lectures a few times. You may not pick it up the first time, but each successive time you listen to it and read it you will start to get it.

I'm planning on taking AUD and then REG. Looks like we are on a similar path, only I am one test behind you. You'll have to give me all of your inside knowledge once you get through these. Good luck.

[Anonymous]

I'm still waiting for an NTS for REG. I'm hoping to schedule on August 27th if there is an available spot at my nearest Prometric center. I'm using Yaeger. I watched all the HomeStudy videos and took extensive notes. I'm going through my notes in Individual Taxes right now and find the amount of material to be overwhelming.

[Anonymous]

I was really overwhelmed when I started studying for REG too!! I have no experience in tax, and it's been a long time since I took a tax class in college, so everything in REG was totally foreign to me. I sat for REG in Feb after studying for 8 weeks just to get it out of the way, failed miserably, but at least I did it and I knew what to expect. I learned that the MCQ were pretty consistent with what I had seen in my study materials (Wiley and Gleim), and that the sims are insane! I also learned that I need to practice using the IRS tax code section so I can look up things if needed for the sims, and so that I could ace the research question the next time around.

Now, Im scheduled to take REG again on July 9th, and I feel so much better about it!! What was once a massive, overwhelming, bohemeth amount of material is now more familiar and the tax rules, once you get them down, arent nearly as intimidating. I started making a list of “rules” to remember, like phase out amounts, who files what type of return, thresholds, etc. After studying the “rules” I started doing lots of MCQ's practice questions, and now I can totally see how to apply the rules that I learned. I practiced alot with flashcards, used ninja notes to highlight the most important parts, and don't worry about the details.

I don't know what your timeline is like, but giving myself what is now a total of 4 months to study REG instead of the 2 months I normally give myself for other sections really made a difference for me. I was able to take my time, and digest the info a lot slower, so that helped alot too. Yes there is alot of information, but giving myself enough time to get through it helped me not feel so overwhelmed.

[Author]

Replies