REG: 1 week before the exam. Focus on Tax or Law???

  • Creator
    Topic
  • #174831
    forever4
    Member

    I remember my first exam was mostly tested on tax. This time I want to focus more time on tax but people say every time you will get a different exam content. Plus, I’m afraid that if i focus too much on tax, I will forget law materials…

    Any suggestions?

    Thanks

    FAR 5/14 88 PASSED!
    REG 7/13 74 :((((((((....! I cant believe it!!!! I studied so hard...
    REG retake 11/29 -> 89!!!!!!!!!!!!!!!!!!!
    BEC 10/11/12 -> 84!!!!!!!!!!!!!
    AUD 10/25/12 -> 95!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    I'm DONE! OMG 8 months of hard work.

    I SHALL PASS. BECAUSE IT'S ME, SO EVERYTHING WILL BE OK!

Viewing 13 replies - 1 through 13 (of 13 total)
  • Author
    Replies
  • #382673
    foreseeableCPA
    Participant

    I'm taking my exam next monday. I got the law material down (i think) but the corporate taxes are killing me. Sorry I cant answer your question but I too am wondering the same thing. Also, is it heavily tested on corporate taxes as opposed to individual taxes? ?

    CPA - Class of 2013
    CIA - Class of 2016

    #382674
    Anonymous
    Inactive

    I'm in the same boat as both of you. 7 days of studying left before my exam next Wednesday. Not too worried about the law content, but I definitely won't neglect it. Thinking about splitting my time 5 days tax/ 2 days law. Ton of Becker progress tests as well. Good luck to you both!

    #382675
    rupert
    Member

    I. Ethics, Professional, and Legal Responsibilities (15% -19%)

    II. Business Law (17% – 21%)

    III. Federal Tax Process, Procedures, Accounting, and Planning (11% – 15%)

    IV. Federal Taxation of Property Transactions (12% – 16%)

    V. Federal Taxation of Individuals (13% – 19%)

    VI. Federal Taxation of Entities (18% – 24%)

    FAR 90 Oct. 6, 2012
    AUD 96 Dec. 8, 2012
    REG 93 May 30, 2013
    BEC 84 Aug. 31, 2013

    NIU CPA Review Correspondence and Wiley Test Bank

    #382676
    Keely
    Member

    Focus on Tax. Period. Everyone's test is different, but, as anyone would assume, you're likely to get SIMs that are tax-based, so you really need to understand the concepts and know how to apply them. Law will most likely come in the MCQs, and you at least have a 25% chance of getting the right answer. Again, that's just my opinion, and I don't think I'm breaking the confidentiality of the exam because I don't even remember what was on my exam except that it SUCKED. Bad.

    BEC: (4/2012) 88
    AUD: (5/2012) 91
    REG: (8/2012) 82
    FAR: (1/2013) 78 🙂

    VA CPA #42010

    #382677
    spongfunk
    Member

    Tax, Tax, Tax. You will get business law questions but chancese are every single one of your simulations will be tax material. The Reg simulations are probably the most difficult out of all the exams so it's important to know your tax backwards and forwards. Focus on big picture ideas not specific phaseouts or rates.

    FAR: 85
    AUD: 80
    REG: 78
    BEC: 82

    #382678
    Gatorbates
    Participant

    Agree. Tax, tax, tax. And going further: Basis, basis, basis.

    Licensed Florida CPA:
    B: 71, 73, 79
    A: 83
    R: 78 (expired), 77
    F: 74, 74, 80

    It's finally freaking over.

    #382679

    REG exam on next monday, will review more tax, less business law since the limited time left.

    heard that all SIMs are Tax questions, so will review all Sims in Becker. hopefully it will help in the real exam.

    CPA Licensed in California- Class of 2013

    #382680
    forever4
    Member

    Thanks everyone!!!

    That's the plan for me now. Redo all the tax MCQ and sims. Hopefully I'll have that 75 score and finish this REG. I hate it…

    FAR 5/14 88 PASSED!
    REG 7/13 74 :((((((((....! I cant believe it!!!! I studied so hard...
    REG retake 11/29 -> 89!!!!!!!!!!!!!!!!!!!
    BEC 10/11/12 -> 84!!!!!!!!!!!!!
    AUD 10/25/12 -> 95!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    I'm DONE! OMG 8 months of hard work.

    I SHALL PASS. BECAUSE IT'S ME, SO EVERYTHING WILL BE OK!

    #382681
    Keely
    Member

    Agree with the person above who commented about knowing how to calculate all the bases. Can't emphasize that one enough. If you don't know these forward and backward, you will really have a hard time.

    BEC: (4/2012) 88
    AUD: (5/2012) 91
    REG: (8/2012) 82
    FAR: (1/2013) 78 🙂

    VA CPA #42010

    #382682
    runhomejack
    Member

    I want to help and answer but I have post-traumatic stress when I think about REG. By far the worst exam for me even though my scores are all similar. Just study everything

    BEC - Pass
    FAR - Pass
    REG - Pass
    AUD - Pass

    #382683
    monsterchiz
    Member

    @ OP

    forget about the sims, just do the MCQ. I stopped wasting my time on the Becker sims after my first exam. Nothing will prepare you for the sims on the actual exam, just know the concepts and formulas.

    #382684
    forever4
    Member

    @monster: To be honest, Wiley sims are pretty good for REG. Last time I didnt do a single sims practice and now I regret. I just did some from Wiley test bank and I wish I had done it last time. The questions I got were pretty similar…

    FAR 5/14 88 PASSED!
    REG 7/13 74 :((((((((....! I cant believe it!!!! I studied so hard...
    REG retake 11/29 -> 89!!!!!!!!!!!!!!!!!!!
    BEC 10/11/12 -> 84!!!!!!!!!!!!!
    AUD 10/25/12 -> 95!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    I'm DONE! OMG 8 months of hard work.

    I SHALL PASS. BECAUSE IT'S ME, SO EVERYTHING WILL BE OK!

    #382685
    foreseeableCPA
    Participant

    My test is this monday and I'm getting worried. I did 1 testlet in Becker's final exam and scored 60%. They required me to know phase out limits. I hope this isnt the case in the real exam. How do you guys remember all these tax rules. definitely a headache

    CPA - Class of 2013
    CIA - Class of 2016

Viewing 13 replies - 1 through 13 (of 13 total)
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