How to study for REG

  • Creator
    Topic
  • #194457
    payaza2000
    Participant

    HI everyone just started studying for Regulation, just finished FAR. And honestly I am having a very very difficult time. I am using Becker & Ninja Book, Notes, and MCQ.

    Unlike FAR the information here does not come easy to me @ all, it is extremely discouraging. For FAR when I reviewed a chapter I felt like a lot of my previous studies resurfaced, and with help of repetition it stuck.

    Unfortunately i feel most of the information in regulation from a computational or theoretical standpoint isn’t hard to grasp, it just seems there is so much information that I end up confusing myself.

    Currently I have only used the NINJA materials, my Becker course starts next week. I take exam August 6. Does anyone have any suggestions to make it information come easier and stick?

    Best regards,

    FAR 5/6/2015- 84
    REG 8/3/2015 - 87
    AUD 10/25/2015- 69 1/20/2016 -75
    BEC 2/26/2016- 80

    Thank you God

Viewing 11 replies - 1 through 11 (of 11 total)
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  • #674675
    Anonymous
    Inactive

    What I did, is went through chapters 1-5, then reviewed chapters 1-5 in their entirety. I relied heavily on mnemonics and I made a list of problem areas during my review. Then I went on to 6-8 and worked those, then did a relatively full review of 1-8 and focused heavily on my problem areas. I will say that I almost didn't pass because of my simulations. They were very detailed and intense, so be prepared for anything. If you take it in August that is plenty of time if you prepare properly. Just take it one step at a time. I think I focused on the tax stuff primarily, as the business law is not as intensive in the test itself and some of it is less calculation intensive. Just do chapters 1-2 and familiarize yourself with individuals, then move on to 3-4 and look at corps, prop tax, etc. Then do 5 which is ethics. Take it in stride! You can do it!

    #674676
    Anonymous
    Inactive

    REG indeed did not come to me as straightforward as the other three. My strategy was to start with the ethics/law section in Becker (ch 5 – 8). I read the book and did the MCQ's and took notes while doing the questions. Once I was done with those chapters, I started ch 1 – 4. I used this strategy for my reg retake and I think it made much more sense to me. Oh, and on my retake, I barely had any tax questions so be adequately prepared for both. Good luck!

    #674677
    Anonymous
    Inactive

    REG indeed did not come to me as straightforward as the other three. My strategy was to start with the ethics/law section in Becker (ch 5 – 8). I read the book and did the MCQ's and took notes while doing the questions. Once I was done with those chapters, I started ch 1 – 4. I used this strategy for my reg retake and I think it made much more sense to me. Oh, and on my retake, I barely had any tax questions so be adequately prepared for both. Good luck!

    #674678
    thehip41
    Participant

    Do multiple choice questions.

    ALL of them.

    Then do them all again.

    Eventually it clicks

    FAR - 83
    AUD - 73 92
    BEC - 83
    REG - 88

    Licensed CPA in the state of Michigan

    #674679
    Anonymous
    Inactive

    All I got to say is START with business law chapters 5- 8… Then go ahead and study taxes chapters 1-4…

    #674680
    Anonymous
    Inactive

    If you're using Becker and NINJA, I agree that doing the MCQs until you want to smash your computer is the way to go. You will get a lot of breadth from those materials, in terms of covering all the bases with the questions. And there will be enough questions that you won't really have to worry about memorizing answers. I really think that if you practice until you are scoring in the high 70s or better on a random selection of Becker/NINJA MCQs, you will probably be fine on test day.

    If you're struggling with questions on certain topics, keep pounding away at the text until you figure out why you're doing poorly. Make it a point to understand WHY the correct answers are correct.

    #674681
    Anonymous
    Inactive

    There are different rules for basis in distributed property, amount of distribution, whether gain/loss is realized/recognized by each party, holding period for the property, basis in stock, etc. depending on whether it's an S-corp, C-corp, or partnership. I kept getting them mixed up despite studying and being comfortable with each at one point in my studies. So I drilled down again on the rules for partnerships and did tons of MCQs just on partnerships until I was extremely comfortable; then I drilled down on the rules for S-corps until I was comfortable and did tons of MCQs just on S-corps, then I combined the two to see if I could differentiate and remember when to use which rule. I then drilled down on C-corps and those MCQs, then did several MCQs on similar transactions for all the different business types until I was getting about 85-90% correct. I also used flashcards on my phone to reinforce my knowledge as I was laying in bed before going to sleep. That helped a ton. (Someone recently started a thread on “the science of studying” that explained why you learn so much better before bed.)

    Good luck in your studies! Stick with it and you will eventually get through it.

    #674682
    ncjm304
    Participant

    I'm actually in the same boat with REG right now. I am taking it at the end of next month and I am not really sure how much time I want to spend watching lectures for it. I have Roger for lectures and I have the Gleim Test bank. When I initially started studying, I decided I would pass on the lectures until the end and then just watch the tax lectures and the lectures from business law areas that I was struggling in. I changed my mind and decided to start watching some lectures, but now I just feel like maybe I should go back to doing the problems in Gleim instead and trying to knock out as many multiple choice questions as possible.

    AUD- 71,79
    BEC- 72,77
    FAR- 83
    REG- 63,71,83

    DONE!

    #674683
    Anonymous
    Inactive

    I know zero about roger, but gleim is fantastic. They're more technical than the actual exam should be on some tax credits and one question where they leave out a tax table so don't stress too much. If you can do well on a gleim exam rehearsal, you should be okay.

    #674684
    Last Chance CPA
    Participant

    Roger + Gleim TB = success…I hope.

    FAR - 76
    AUD - 75
    BEC - 75
    REG - 76

    Now I need some experience!!! And some networking...

    #674685
    Tuffy11111
    Participant

    One thing people don't really bring up here, but I found very helpful, were the flash cards. I worked Jeff's flashcards for about 2 hours each day for 2 weeks before REG and it was a great.

    BEC - 83 7/25
    REG - 76 5/2/15
    AUD - Hopefully before MY Audit...7/5?
    FAR - 83 5/2/16

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