[jeff]

Resources:

REG 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

REG Exam Experience: https://www.another71.com/cpa-exam-forum/topic/reg-exam-experience-official-thread

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[Anonymous]

@BHDave

Becker final exams are brutal like that. I always do much better on the actual exam. I'm not going to even take them for Reg.

[LSNYC]

I agree final exams can hurt people's confidence unnecessarily, I try not to take any ‘exams' before my actual exam.

An hour and a half in to my 6 hours day of studying! Starting to get some good results hoping it is not memorization of the questions…..

Happy Studying!

A - 61, 91!!
B - 78!
F - 76!!!
R - 71, 73, 74, 69, 77!!!!

Finally done!

This is my 2nd attempt at the exam, I had two parts passed (failed many) and I stupidly quit, big mistake. Now I'm back and with a vengeance!

[wendywhite]

took today off. been studying since 7. 1 hr for lunch/shower. 6 hour mark here as well and I am FALLING ASLEEP – but making progress.

blah.

I wish someone would invent a sitcom that slips in things I need to know for the test. I'd much rather learn that way.

FAR 11/2012: 80
AUD 2/19/2013: 90
REG 5/14/2013: 76
BEC 11/2013: 85
Ethics: 100
Waiting on the packet....

[Anonymous]

^ JEFF!!!! Wendy just had a genius idea! We NEED this, I think it would make this whole thing much more do-able.

I'm sure Jeff can put this together for us. Hehe! 😛

[SeattleAccountant]

How's REG fam is doing?! Accountability check-in.

I'm on final chapter R-8 of review.

Now, the fear of failure kicks in b/c i'm realizing that the earlier (taxation) chapters are so vague in my memory 🙁

Hopefully, a second look at them will take care of this issue but I better shape up in terms of quality time devoted to REG. Count down begins next week, no more excuses or looking back!

Becker Class of Jan - Aug 2013: FARB DONE!!!!
CPA license pending 🙂

[Anonymous]

Finished R8 questions today.

My exam is schedule for the end of May.. thinking that's way too much time.

Do you think moving it up to May 13th would be okay?

[Anonymous]

Are LLP partners agents of the partnership and do they owe fiduciary duty to the the partnership and each other? I'm a little bit confused on this point. The differences that Becker lists on a single page (2013 page R8-17) does not clearly state that they are not agents…I tried googling but did not find anything. Thanks

[Anonymous]

Hi guys,

I really need an advice from those of you who took REG already… I had a plan to study full time for 6 weeks but got sick and lost two weeks plus my graduation is coming up which means i'm losing another week of studying because of family in town… would I be able to study from May 13 and take the exam May 30? that pretty much gives me barely 3 weeks although I can definitely study 8-10 hours a day…. or i can just postpone it to July 1st and study all of june… I really wanted to get it over with but not sure it's doable anymore… suggestions?

Thanks!

[Jimmy520]

The annual exclusion for gift tax raise from 13,000 to 14,000, would this affect the exam?

FAR-2/1/2013 Passed!!
AUD-4/5/2013
REG-5/31/2013
BEC-7/15/2013

[Anonymous]

I have a question for anybody who has Becker. In the book it says that when contributing towards forming a corporation, the taxpayer's stock basis is:

Old Basis

Less: Boot

Add: Recognized Gain

New Basis

However, in question 2, Sim 1 for R3, Jones's basis is not increased by his 10,000 recognized gain. Does anyone know why this does not increase his basis?

[lauryate]

@Jimmy520 – If the gift tax raise is for 2013, I don't believe they'll update the exam with that amount this year. Also, from what I've seen on the Becker questions, they usually will say “assume the exemption amount is XXX”.

Pushing my exam back 2 weeks because I'm out in California for work. I'm not getting many MCQs done, and I really don't want to studying all weekend when I could be out in the sun!

AUD - 85
BEC - 88
FAR - 88
REG - 5/10/2013

[Anonymous]

Moved my test earlier to May 14th so I'm within the next scoring release. I think that's enough time to review.

[LSNYC]

Audiox – good for you! Your almost done!

Good news and bad news…..bad news just starting studying now, a little late, but good news, I got a 2 hour power nap in so I'm ready to go!

Question after tomorrow (I think) ill have done all of the Wiley questions 3 times…. Anything you guys recommend for me to do the final days before my exam?

A - 61, 91!!
B - 78!
F - 76!!!
R - 71, 73, 74, 69, 77!!!!

Finally done!

This is my 2nd attempt at the exam, I had two parts passed (failed many) and I stupidly quit, big mistake. Now I'm back and with a vengeance!

[Anonymous]

Hi, Can someone with Becker please help. On page R8-64 of the Antitrust Law section Peter Olinto clearly states that enforcement of Clayton and Robinson-Patman is civil only AND “Government Only”, the government only part is even written down in red. This makes no sense what so ever considering on the very next page it states private parties can sue for treble damages as well. Is this a dumb mistake by Becker or are my missing something?

[SeattleAccountant]

@CPAexam2013,

In US, for antitrust violations under Robinson-Patman Act (an amendment to Clayton Act) both the US government and the injured party may bring an action. Basically, anyone injured by an antitrust violation can sue for damages. This is in contrast to many other countries that permit ONLY government but not private parties to sue for the antitrust.

Perhaps you have misunderstood Becker text. It lists who can bring actions as item #1 (p. 64) Government and item #2 (p. 65) Private parties injured. So, it is both.

For Robinson-Patman/Clayton – anyone can sue but only thru civil action b/c wrongdoings under these acts are not crimes but rather violations.

vs.

For Sherman Act – anyone can sue and it could be criminal and/or civil b/c Sherman Act is concerned with serious issues that have significant impact on interstate commerce and treated as crimes.

Becker Class of Jan - Aug 2013: FARB DONE!!!!
CPA license pending 🙂

[Author]

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