Wiley Sims vs Becker Sims?????

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    Topic
  • #161024
    Anonymous
    Inactive

    Can someone shed some light as to the nature of the sims, and even multiple choice questions provided in the Wiley software? I received my paper score in the mail and I was stronger overall on the mult choice and weaker on sims, resulting in a 74. I really need more tax sim practice. The sims in Becker are for the most part, pretty easy when it comes to tax, and they really don’t cover S Corps very well. Wiley is cheap so I am seriously considering it. I am using CPA Excel to supplement now bit most of the questions are easy and duplicated from Becker. Any insight would be great.

    Also, regarding the new material, I am pretty comfortable with the Dodd Frank act, though regarding the multijurisdictional stuff, there isn;t much in Becker that covers this topic. CPA Excel covers it pretty well, focusing mostly on nexis, which I am thinking may be an important part for the exam, even if there is only one or two questions on it. Anyone else have any more to add to the multijurisdictional topic?

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  • #290909
    killaking
    Participant

    If you find any info on S corps let me know Becker screwed me on that topic to smh strong MC weak Sims.

    FAR: 7/17/10 missed exam FML reschedule 8/29/10-77 EPIC!
    REG: 5/31/11-73 SMH, 8/31/11-85
    BEC: 4/15/10-72 : retake 10/3/10-80
    AUD: 11/28/10-74, 02/27/11-71 FML, 8/1/11-80
    Ethics 10/22/22-80, retake 11/28/11 - 88

    #290910
    Anonymous
    Inactive

    I actually have PPC binders that cover S Corps pretty well. If you work for an accounting firm, they will more than likey have guidance on S Corps. What it doesn;t have are simulations and in-depth questions that I would like practice with.

    #290911
    killaking
    Participant

    You dont have extra questions and sims? or is wiley god enough?

    FAR: 7/17/10 missed exam FML reschedule 8/29/10-77 EPIC!
    REG: 5/31/11-73 SMH, 8/31/11-85
    BEC: 4/15/10-72 : retake 10/3/10-80
    AUD: 11/28/10-74, 02/27/11-71 FML, 8/1/11-80
    Ethics 10/22/22-80, retake 11/28/11 - 88

    #290912
    Anonymous
    Inactive

    Becker only has about 24 questions on S Corps and no sims at all. Not sure what Wiley has, but I'm hoping it has a bit more. And not only S Corps, but other tax issues in general as I think Becker is light in a few tax areas. THe PPC guidance I have does have some examples on S Corps, including contributions, distributions, etc., which may be enough. From what I've read, cont and dist to and from an S Corp are similar to a C Corp, except there is no income at the Corp level, but rather a flow through to the shareholders. There are obviously more complex issues as AAA account, potential Accum E&P from prior C status, etc. As I go through the PPC guidance, I will post anything that seems important to the exam.

Viewing 4 replies - 1 through 4 (of 4 total)
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