AUD or REG in two weeks???

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  • #158767
    jessny
    Participant

    I have 2 weeks to study for one of the two exams but I’m not sure which . (I’ll be using Becker, self-study, and I’m on vacation for the next two weeks so studying is just about all I plan on doing all day everyday for the next two weeks)

    Which one would you recommend I take?

    From past experience, Which one did you feel was harder? How much study time would you recommend for each?

    Any/All feedback is greatly appreciated!

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  • #249602
    OnMyWayToBeCPA
    Participant

    hi jessny,

    i studied audit for about a month while working, and reg in about 2.5 weeks on vacation.

    audit is not that bad at all. it's really memorization and practicing questions. i had becker too – so i just watched all the lectures and then i went back and reviewed each chapter more closely while doing questions as i went along. i think something else that i did, which i thought helped me get an extra couple of points was that for every question i got wrong – i wrote down the question and the answer in a notebook. because the last 2 days of hardcore reviewing, you don't want to go back to that becker book unless you really have to. so i just flipped through my notebook with all the questions i got wrong, and memorized the audit reports. the thing with audit is that there's only so many ways they can ask you about the same concept (5 assertions, diff audit opinions, etc). so it's definitely doable! it's only 5 chapters (versus regulation – 7)

    on the flip side, regulation was surprisingly not that bad either. and i'm by NO means a tax person!! my study approach was the same way for audit – watched all the lectures to get a good overview of what the exam expects me to know and which areas i should focus most of my attention on. then went back reviewed each chapter and practiced questions. what i found tricky for regulation (and not so much for audit) are all the tax rules… to the point where i was dreaming about them. if something exceeds some amount, you need to take a percentage of the AGI and subtract it before taking a percentage of that amount and add it to some other amount. >.< so it can get confusing.

    hope that helps! good luck!!

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