Contracts, commercial paper, secured transactions suretyship etc…

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  • #160193
    wedger
    Participant

    Hello all-

    I have read a lot of discussion touching on many of the obvious topics likely to be tested(tax driven), but i haven’t seen much discussion on the law aspect of the examination, contracts, commercial paper etc. Without crossing the line, does anyone have an feedback as to their impression on some of these parts? I know we need to know everything (lol), but i just find it odd that I don’t see much on here regarding those sections as I myself have struggled with chapters 5/6 (Becker) more than others. I am using Becker and also hear that people feel Becker are underprepared for this section. Do those of you using Becker concur with that?

    Thanks in advance!

    FAR-Passed

    REG-May 24

    BEC-July 7

    AUD-August 30

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  • #281460
    Anonymous
    Inactive

    According to the content outlines published by the AICPA, tax subjects are anywhere from 54-74% of the exam, so thats probably why there is so much more discussion. Also, unless you have experience as a tax accountant, many candidates aren't normally too familiar with tax accounting.

    I took REG in the Jan/Feb 2011 window. I would say you definately want to study everything in Becker, and not skip over any of the chapters. I think the weights given to each topic in the AICPA content outlines were accurate in terms of what was seen in the exam.

    #281461
    wedger
    Participant

    thanks for the reply, will note to look at the weighted average page!

    #281462
    kb24
    Participant

    I believe that the AICPA estimates were a fair description of my exam. I used both Becker and Wiley and felt I was well prepared for the Business Law sections

    FAR 4/1/11 - 89
    AUD 4/15/11 - 85
    REG 4/29/11 - 80
    BEC 5/13/11 - 85

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