[jeff]

Welcome to the REG CPA Exam study group for October, November, and December 2018 exams. 🙂

Please introduce yourself & when you’re taking your exam (approximate timeframe).

REG Study Group Links and Resources:

1. NINJA Monthly – Full REG Course for $67/mo
2. How to Study for REG with NINJA Only
3. How to Pass REG in 20 Days
4. How to Retake REG After Failing
5. Video: Study Advice for REG
6. CPA Reviewed Podcast
7. CPA Exam Score Release Dates
8. NINJA MCQ Trending vs Actual REG Scores
9. I Passed the CPA Exam!
10. I Passed REG!
11. NINJA REG SIMS List by Topic
12. Free CPA Review: REG

[alekperov]

Can anyone suggest study format for someone who has no knowledge of US taxes? Scheduled exam for 06 dec 2018. Can study 6hr/day. But feel like 2+ months will not be enough since everything is new to me.

AUD 81. June 18
BEC 79. Sep 18
REG scheduled Dec 18
FAR tbd

[Heena93]

1. I am giving my REG exam on 19th November 2018
2. I am most comfortable with Property taxation
3. I am weakest in individual taxation to know the difference between adjustments and deductions and credits.

[Accounting_is_Taxing]

1. I am taking REG on November 3rd
2. I am most comfortable with Federal Taxation of Entities (I did a lot of business tax returns at my old job)
3. I am weakest in business law, because I am an accountant, not a lawyer.

[To0ld2Pass]

1. Taking REG early November(not decided date yet!)
2. Most comfortable with Individual Tax(so far)
3. Weakest link is business law. I enjoy it so hopefully the review will respark my memory.

FAR down! REG is next! *Ninja Chop*

[laslow]

1. Taking REG late November.
2. Most comfortable with business law.
3. Weakest link is corporate tax.

[Tncincy]

1. Taking Reg in Oct ( 20 days) 🙁
2. I'm most comfortable with individual
3. My weakest link is probably property transactions / business law.
Very open for suggestions, if any

It begins with a 75
Been here too long as a cheerleader....ready to pass

[rahee]

1. Taking Reg in Dec
2. I'm most comfortable with individual taxation
3. My weakest part is corporate and entity taxation 🙁

[kakooakki]

1. taking reg late nov (last paper)
2. havent started yet, been away from studying more than 5 months, i find it really hard to get back to the study mood

[Drew]

1. I’m taking REG on 11/17

2. I’m most comfortable with Partnership, S Corp taxation

3. I’m least comfortable with individual and c Corp taxation

[Anonymous]

1. Scheduling Reg for early December
2. I'm most comfortable with individual and partnerships
3. Least comfortable with C-Corps

[zrula]

My tentative exam date is Oct 6ish
I feel comfortable with business law section so far bc it's straight fwd
I still feel worried about IRA'a deductions and AMT. Hopefully, they wont be on the exam (fingers crossed)

[shakil127]

My exam date is Nov 5th
I feel comfortable with property and partnership tax
I am worried about corp, individual and blaw

BEC-77
AUD-66,72,82
REG-66,64(Q3 2015),80 (11/30/2015)

[sashapalekha]

My exam date – Early December.
I feel confident with all tax material.
My weakness is a Blaw, especially Security acts and contracts , I hope that doing a lot of MCQ will help me with understanding those concepts

[gryfi]

Does anyone get this?

Johns owns 400 shares of Abco Corp. cumulative preferred stock. In the absence of any specific contrary provisions in Abco's Articles of Incorporation, which of the following statements is correct?

A) Johns is entitled to convert the 400 shares of preferred stock to a like number of shares of common stock.
B) If Abco declares a cash dividend on its preferred stock, Johns becomes an unsecured creditor of Abco.
C) If Abco declares a dividend on its common stock, Johns will be entitled to participate with the common stock shareholders in any dividend distribution made after preferred dividends are paid.
D) Johns will be entitled to vote if dividend payments are in arrears.

If Abco declares a cash dividend on its preferred stock, won't Johns get the money that he is entitled to?

[Anonymous]

@Gryfi,
Answer is B. Declaring a cash dividend is not the same as paying it. So when it's declared, it becomes a liability on Abco's books payable to John (and other preferred s/h). Since the dividend payment is not secured by anything, John is an unsecured creditor.

[Author]

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