A lot of the people in my Becker class did REG as their first section (I started with AUD). Welcome to the madness and good luck with your prep. This forum is awesome for motivation and help.
taking Reg on April 1st – thought the date was appropriate. LOL Anyway, I would like a study partner. Starting to work on Chapter 1 today. Just took FAR past Fri and took the weekend off. I have Beckermaterial…… Looking forwad hearing from you.
If you are self-studying with the Beckermaterials I would suggest starting with the ethics/law stuff. After you are done with the law/ethics then go back and do the tax stuff. This will keep the tax stuff better in your mind for the exam.
I'm addicted to the forums almost. This exam is a freaking obsession at this point for me.
As to the 2009 REG materials I would say you are almost perfectly fine. I used the 2009 materials to go through stuff in December and then used the 2010 materials in the live class in January. The lecture videos are the exact same. Same jokes, same clothing, same word stumbling. If you pay attention in the videos you will find they don't use many specific dollar amounts. Instead they say “an indexed” or “a yearly inflated” number when the video highlights the numbers.
Just a few things to note however:
1. The casualty loss amount changed in 2010 from $100 per loss to $500. It has been $100 for ages (even back when I was in college a decade and some change ago) but is now different (although some of their homework questions incorrectly use the $100 amount still).
2. Know the specific dollar amounts for the section 179 depreciation and its phase outs.
All other information you should be good on. Any questions that are given were either obviously above or obviously below any phase out considerations and/or the specific amounts were given.
Thank you so much Dale . I just started on the forum and its so helpful .Lots of information ,and that's what I need for now.Cant wait for the AUD results !!
I am getting ready to sign up to take the REG test begining April. I like the idea of signing up to take on April 1 it does seem appropriate. I am on Chapter 3 I started off with a strong study plan two hours a day and have since fallen off that course. So I think a study partner to help stay on track would be a great idea.
If your are interested send me a private message and I will send you my e-mail it might be better to communicate through e-mail since I am only on here maybe once a week.
I take Regulation April 6 here in Iowa. I started reading the book (Becker) last week. I started with chapter 7, then 6, then 5. Now back to 1 – 4. Once I am done reading the book once, I will start flashcards everyday during my lunch hour. I have Becker lectures and course disk to self-study after getting the book done once.
Hoping my Audit score comes back this week >75, then Reg will be my last section.
I am too preparing for regulation !! will appear in May & have to clear it in 1 shot no matter what !! I have already started with chap 1..I sometimes get scared if i will be able to do it or not,since I dont have any accounting experience or tax exp in US..Can anyone suggest me a study plan too..I at home all the time ..All i want to do is stay foccused & clear it in one attempt..actually i cleared BEC in the 2nd attempt & thats y i am doubting myself & a lil bit scared.
riddhi.palod, if I have learned one thing from this process, it is you must believe that you can pass. And you can!!! If you qualify to sit, you have the educational ability to pass this, even though it seems like a monster to us when we are studying it. If we will admit it, we all get scared. Try to use that fear to motivate you instead of letting it defeat you. I am sitting for REG in the April/May window and I need to pass it or I will lose AUD. I am putting that out of my mind because, for me, that would only put pressure on me and not motivate me. There are a lot of really great people on this forum that I see helping others when they have questions, so just ask. The worst that could happen is you might not get an answer. Keep studying and keep reading the posts. You can do it!
Loved your idea of study buddy….i may be taking REG in April/May….depends on my FARscore….it hasnt gone very good and have less hope….i think i'll have to do FAR again…but i like your idea….would like to join you if get to do REG (so..so wish i pass FAR!!) I guess i'll be using Yeager/Wiley combo…how about you?
Looks like Regulation will be my last exam (got my passing audit score tonight). I'm through the Becker book once; going to start the lectures this week.
REG is my second section and it seems to make much more sense than FAR did (which I took 2/12). I guess I am more the logical person than the person memorizing formulas and doing the math based on it. Working on Chapter 2 with Becker Homestudy and should be done with all Chapters and starting Final review with Daylight Saving Time (3/14).
Anyone else using Becker? Have you noticed that their AICPA questions (you can get on their website) only have the answers and not the explanations with Becker usually adds eventhough it says they added them……..
.