[Anonymous]

I have a question concerning the material that I am studying in preparation for taking my last section at the end of this month!

This question is mostly in reference to Lectures 1 and 2 which I have studied so far. In studying for REG, I’ve noticed that a lot of the material provided in Becker has not been updated for 2010.

All the years mentioned concern 2009, but some sections mention that changes will occur in 2010, such as the elimination of phaseouts.

So my question is, do I need to be concerned about the relevance of any # changes or complete elimination of phaseouts for my CPA exam? I have noticed in various parts of my studying that Becker does a poor job of updating their material…often the answer explanations for questions can be seen to be from the previous year and simply weren’t updated due to oversight. (I am studying using Becker’s 2010 Edition)

Any help is appreciated!!

[whitesoxfancpa]

Hi there. I don't have the link on me because I am at work, but Becker has a website you could go to in order to download updates. If any multiple choice questions were updated, you can automatically download updates to your software so the questions will actually change next time you view them. I think for this to work you have to have your lectures downloaded to your computer. But also on this website, you could download PDF files that show all updates. The updates can be supplemental study information, clarification of concepts in the book, or changes in law or policies or something. So you might want to check that website. It should be listed in your book at the end of each section. The page says “note to students” or something similar.

Good luck.

AUD 96 FAR 95 REG 94 BEC 88

[Anonymous]

You can get updates to Becker at this link: https://beckerkb.custhelp.com/app/answers/list

Just click on REG and look at the updates to the 2010 edition.

I studied with the 2009 edition, so my book referenced amounts for the 2008 tax year. The MC questions coinsided with 2008 amounts and limits. You aren't tested on specific amounts for certain tax years. My book showed the gift limit as 12,000 but I could see from the 2009 edition update that the amount changed to 13,000. No biggie… It is important, however, to learn amounts that don't change. For example, the homeowner gain exclusion of 250,000/500,000.

[Author]

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