[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

[missjones513]

@KellyP You should be fine. I added some extra quizzes and practice sessions

REG - 5/29/12 (64), 10/1/12 (74), 5/20/13 (75, expires 12/31/14)
FAR - 8/14/12 (64), 8/5/14 (75)
BEC - 11/19/12 (70), 2/25/13 (72), 11/21/13 (73), 1/21/14 (73), 8/30/14 (72), 11/24/14 (75)
AUD - 4/22/13 (65), 10/12/13 (79)

I'm done!!!

Ethics - Pass

[Anonymous]

Ohh, lightbulb! The date does it…good. Thank you!

Are you having it pull the same sims in over and over? (not intentionally) I've been downloading practice sessions of 5 sims using all topics. It keeps giving me the same ones mixed with new. I sortof wish it didn't do that, but it does force me to do them til I get them.

I saw Wiley was down tomorrow so downloaded 5 sets of 10 sims. I'm hoping to get through all 40. (There are 40 total in Wiley, I think?)

[Anonymous]

I have to take REG on 5/31. Completed one review of business law and two chapters in taxation. Taking the last week of May off for studying. Do you think I should reschedule to July or can I make it? I started studying from May 3rd and have been putting close to 3 hours hour daily.So confused now..ugh

BEC – 78

Reg – 5/31

Aud – 7/5

Far – TBD

[KellyP]

Thanks everyone!! I've downloaded some sessions so I should be good 🙂

AUD - 80
BEC - 83
FAR - 87
REG - 65, 77 5/28/13

*Good-bye Social Life. . .Hello CPA*

[MCLKT]

Anna – I've been working online and always select the ones not seen yet. The only time I saw duplicates was when I took a practice exam. It pulled in one I had already worked.

I just got an EXTREMELY frustrating contract question in WTB. Cont-0056.

Assuming all requirements are met, which terms must be included in writing to satisfy statute of fraud for goods?

Price

Quantity

Time of payment

I chose Quantity only. Because price and timing aren't required. But the correct answer to click on was Price and Quantity… how is this you ask???? Here's the explanation (spoiler alert) it makes no sense. Please explain this to me if you get it and I'm just dense today, lol.

“In order to satisfy the UCC Statute of Frauds regarding the sale of goods, the quantity term must be included in the writing. Failure to include the time of payment will not cause the writing to fail to satisfy the UCC Statute of Frauds because a reasonable time of payment will be inferred. Failure to include other terms of the contract, including price, will not result in an insufficient writing either. The Code implies that the parties will in “good faith” determine a resonable [sic] price”

A:[73]97 F:[74]85 R:86 B:[74]82
*NINJA 10 Pt. COMBO & Yaeger*

[SeattleAccountant]

@MCKLT, quantity ONLY

It used to be that both price & quantity had to be specified but that's not the case any longer. And, funny thing, that's what the quoted answer says exactly. Omission of all terms but quantity will NOT result in insufficient writing (under the Statute of Frauds).

Chalk it up to the error; I have found several like that in Becker's FAR part and had sent them email (it had been updated recently).

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

[Anonymous]

G'mornin! I slept in a bit, ready to do this.

I'm wondering if anyone has any advice for credits. I know Jeff said there were certain ones he recommended memorizing, but I don't remember what he said. (I really gotta stop sleeping through the audio!)

Any trick or advice on memorizing those and which ones to focus on?

[missjones513]

Partnership tax sucks. I just needed to get that off my chest.

REG - 5/29/12 (64), 10/1/12 (74), 5/20/13 (75, expires 12/31/14)
FAR - 8/14/12 (64), 8/5/14 (75)
BEC - 11/19/12 (70), 2/25/13 (72), 11/21/13 (73), 1/21/14 (73), 8/30/14 (72), 11/24/14 (75)
AUD - 4/22/13 (65), 10/12/13 (79)

I'm done!!!

Ethics - Pass

[Chris]

@AnnaNuthaCPA,

From what I've seen between Yaeger review and the Ninja notes, much of the focus has been on the educational credits, dependent credits, and foreign tax credits. It's not fantastic, but a mnemonic for this could be DECALF. The EIC, Additional CTC, and AOC are all refundable, under different circumstances. I hope this helps.

Dependent Care Credit (aka child care credit)

Earned Income Credit (EIC)

Child Tax Credit (CTC)

American Opportunity Credit (AOC)

Lifetime Learning Credit

Foreign Tax Credit.

NH CPA
REG: 07/03/2014 - 88
AUD: 08/30/2014 - 73 - Retake 10/16/14 - 86
BEC: 05/31/2015 - 77
FAR: 08/08/2015 - 64 - Retake 11/23/15 - 77

Becker*NINJA Notes/MCQ*

Now I could let these dream killers kill my self-esteem
Or use my arrogance as the steam to power my dreams ~ Kanye West

[MCLKT]

Dear AICPA,

Please give me 2 research sims on my REG exam.

Thank you,

MCLKT

I don't know what's up with WTB but I have scored 115% on research sims twice now!!!

A:[73]97 F:[74]85 R:86 B:[74]82
*NINJA 10 Pt. COMBO & Yaeger*

[Anonymous]

Hey FAtoCPA, thank you. DECALF suits me well right now. I have three of those memorized so far. I'll get the other two down and call it good. Love the mnemonic! 🙂

The Becker final exams are disheartening. Some I genuinely do not know and others are just stupid mistakes. I hope so much I don't make stupid mistakes on exam day. I got 67% but at least 7 of the missed were stupid mistakes on the multiple choice. (I know they don't count each equally, I do though for my calculation.)

The sims were really hard this time. I hope that better prepared me. I know how to do them, but oversimplified it and made mistakes. (On top of that, I was so tired of it that I took a break to watch tv in the middle and almost ran out of time at the end, so rushed through them.)

Getting burned out…Someone send me some CPA mojo!

[MCLKT]

Anyone feel like summarizing the differences between real and personal defenses and when they are used?

I'm sick of reading the Wiley explanations and just not getting it.. It's going to be a late night!

A:[73]97 F:[74]85 R:86 B:[74]82
*NINJA 10 Pt. COMBO & Yaeger*

[MintsRGood]

@MCLKT I think the thread about Yager instructors was taken down, I don't see it on the board anymore! 🙂

Good luck Regulators!!!!!!!! 🙂

REG: 75 DONE 🙂
AUD: 61, 71, 68, 92 DONE 🙂
BEC: 76 DONE 🙂
FAR: 72, 74, 79 DONE 🙂
Licensed Michigan CPA 🙂
-Some people dream of success...others wake up and work hard for it!!!
-The cowards never start and the weak die along the way!
-You better work, b***h!
-Only those who dare to fail greatly can ever achieve greatly.-JFK

[MCLKT]

That's odd. I wonder why the thread was taken down? I'm glad you like Cindy's method. I hope she gets you through BEC! I really can't wait to be done with REG. I have to focus and really get it all engraved in my brain so I can pass on the first try!

A:[73]97 F:[74]85 R:86 B:[74]82
*NINJA 10 Pt. COMBO & Yaeger*

[SeattleAccountant]

@MCKLT, the way i learned to distinguish between “real” vs. “personal” defenses is to think of which acts would REALLY get one in a big-time trouble :), i.e. serious stuff that will preclude hdc from collecting.

Becker has “FAIDS” x 2 mnemonic for real defenses:

F, F – fraud in execution; forgery of signature (note: signature is forged, NOT a mere unauthorized completion with valid signature);

A, A – adjudicated insanity (and contract could not have been legally signed in the first place); material alteration;

I, I – infancy (minority of the maker); illegality (check is a pmt for an illegal act);

D, D – extreme duress (gun to head, not just threating); discharge in bankruptcy known to holder in due course;

S, S – statute of limitations has expired; suretyship defenses known to holder;

Most all other issues are personal defenses that are minor if compared to the ones above. Any time some contractual duties are breached, fraud in inducement, mistakes, unauthorized completion (filling in of blank lines that maker carelessly left as such and tempted others) are personal defenses and they can not be raised against the hdc and he will get paid.

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

[Author]

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