briannoe777:
I failed REG 3 times (54, 67, 69) and I had to pass it in this window, otherwise would have lost my FAR credit too. Thanks to God's grace I just found out that I passed REG with 80 and I am done with my CPA.
Here is what I did for REG this time:
I made notes as I viewed the lectures. So when the lecturer was explaining the concepts I would write that explanation. I didnt do any homework questions at this point. I was only focused on getting through the lecture videos quickly but in hindsight I should have done some homework questions too.
I then made my own summary notes for tax and Blaw by reading the material from the textbooks from start to end.
I also made an excel spreadsheet for the Tax component. I made 8 columns for individuals, self employment individuals, C corp, S corp, partnership, estate, trust and gift tax. In the rows I had income items, deductions above the line, deductions below the line, AMT, filling requirement etc etc…I would then fill in the details as I reviewed the lectures. This helped me a lot as I could compare for instance the requirement for NCL deduction for individuals V/S C corp. I could recollect subtle differences between each component this way.
After completing that, I did all MCQ's + SIMS and as I got a questions wrong I would read the explanation to figure out why I got it wrong and I would make a note of that.
In the final week I reviewed only my own summary notes and the notes I made for the questions I got wrong.
The review materials I used are – Becker and this time I added yeager + ninja notes
for MCQ's and SIMS I used – becker, gleim, wiley test bank, wiley book, ninja MCQ's (overdoing it lol, but had to pass)
If I can do it, so can you! keep at it and im sure you will nail it next time!
Hope this helps 🙂