[isoceles]

Greetings,

I’m supposed to take my first CPA exam on December 8th. I’m less than 50% through the material (still have S/C corps and law to go through). I’m contemplating pushing this until January to allow more time to study. For regulation, if I push this into the next calendar year, will a lot of the material I’ve already learned change? For example, do I need to worry about tax changes?

Plan would be to take Reg early January, BEC in February, then deal with Audit/FAR in the new testing cycle.

I hope my question makes sense.

Thanks you!

[industryCPA]

No they still test on 2016 stuff in Q1

[Pete E. Rino]

I would take REG on Dec 8th. It doesn't hurt (just your wallet if you fail). I'd rather try and fail than not to try at all. You can take a section once a quarter so mine as well sit and see how it is so you get a feel of the exam experience and what's on it. It could help you prepare better for the next exam.

[LonelyRonPaul]

Q1 2017 will be the same test. However, you might want to consider going ahead and taking the test in this window. If by chance you don't pass on Dec 8th, you'll still get one more shot at the exam in Q1 2017 to pass before the exam changes go into effect. But if you take it starting in Q1, you'll only have that one chance to pass before the exam changes in Q2. It will mean paying more money to sit for the exam again in Q1 if god forbid you fail on Dec 8th but it might be worth the hassle to avoid having to take the new exam.

FAR - 78, 5/7/16
AUD - 87, 7/16/16
BEC - 8/27/16
REG - 12/3/16

[vorobjeva44]

I am in the same situation as you , also finished only Indiv Tax, Property Trans, Half of Corp and Ethics, didnt open Bus Law at all, going to use Ninja audio and notes for this… I have an exam on 9th and had a wish to push it to Jan… After reading advices guys gave you- I will not do it! It happened to me with BEC, i didnt pass first time BUT a) i saw how this exam goes in real, so when i retook it i could manage my time in proper way; b) i failed with 72 and it was my first exam – i was motivated that actually it was so close and for sure I can do it, c) I ve got a report with areas where i was weaker and i focused on it more and d) i just wanted studied so hard for the second time – not to do it over again for the third, lol 🙂 Give yourself try, study hard this 6 days focus on main things in tax, if you dont have a time, listen Wiley Free Trial videos on Bus LAW section- they are shot but still will point main things , and GO FOR IT! YEs 250$ is a money, but you can pass , there is a possibility, don't loose this window :))) I will go anyway! GOOD LUCK!

[rjain]

I just gave the REG exam this week. Hope I will pass. Frankly, the Simulations were manageable (4 of them were really straight forward and 2 were tough). The MCQ's were really tricky in the 2nd and 3rd testlets. Most of the tough MCQ questions were from Partnerships and S-corps. I had underestimated the weight of Circular 230 on the exam. But to my shock, there were good number of questions!!

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[Author]

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