[Q3] REG Study Group 2014 - Page 37

Viewing 15 replies - 541 through 555 (of 1,445 total)
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  • #591152
    Anonymous
    Inactive

    Nothing like a full day of concentrated studying in the library. Let's get it.

    Test Wednesday!

    #591153
    Kimboroni
    Member

    jfernandes, I emailed Jeff for the REG updates on Friday afternoon and received them Saturday afternoon. Except for the updated Notes– I got Audio again for that email, but I think it was confusing since I got the Notes in the BTGO offer. Hopefully I'll get my Notes soon. I started listening to the updated Audio on Sunday and got through chapter 1. Not too many changes so far, but there are a few that seem really helpful. Sounds like a good game plan to go ahead and reschedule so you can use the time to study. Are you giving yourself just a couple more weeks? It doesn't seem like you need TOO much more time.

    Good luck to the super early Q3 testers!

    AUD 84 (1/9/14-Wiley books/TB + free materials)
    FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
    REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
    BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

    Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

    #591154

    @hollycontinues Glad I was able to help! Sometimes when I do practice problems I do not read the question properly which causes me to miss the problem altogether. I understand the subject, however, a silly mistake like not reading the question thoroughly caused me to get the problem wrong.

    Please feel free to ask any questions to the group and maybe our explanation might help you understand why a certain answer is correct (as oppose to the other ones).

    #591155

    @Kimboroni I received Jeff's email this morning. It included the notes, audios, flashcards, and study planners. I would email Jeff again with your purchase receipt from BTGO offer. I am sure he received hundreds of emails over the week and mistakenly forgot to include the notes when replying to your email.

    What has helped me to listen to the audio while going through the notes. Any side stories that Jeff mentions I write those stories in the margins. It definitely helps me understand the topic better.

    I am aiming to reschedule the exam either 3rd or 4th week of July. I quit my job last week to solely focus on the CPA exam. I have been fortunate enough that I am financially stable and able to live at home during this process.

    #591156
    Anonymous
    Inactive

    73 on REG practice test w/ Becker.

    #591157
    ske118
    Member

    Nice work Nick…. only a few days away man. I am taking Wednesday off so I can study most of the day.

    AUD - 39, 69, 82! (Feb 2014)
    FAR - 52, 73, 70, 72, 81! (Apr 2014)
    BEC - 81! (May 2014)
    REG - 70, October 3rd... waiting

    #591158
    hopefulcpa8
    Member

    Can anyone explain “at risk” losses?

    AUD 84
    BEC 83
    REG 77
    FAR 78

    DONE!!!

    #591159
    MikeHoncho
    Member

    This is just a quick explanation off the top of my head. Hopefully someone else jumps in. But basically a taxpayer can only deduct partnership losses up to the amount of their adjusted basis.

    Done: 5/22/14

    "Always do sober what you said you'd do drunk. That will teach you to keep your mouth shut."
    - Ernest Hemingway

    #591160

    “At risk” losses, you can't lose more money than you have put at risk, so I believe MikeHoncho is correct.

    BEC - 86
    FAR - 72, 74, 79
    AUD - 73, 82
    REG - 74, 81

    Whew! Just barely made it before BEC expired.

    #591161
    MikeHoncho
    Member

    6 weeks ago I probably could have typed you a page long answer. Now this is all I remember. lol I'm not ashamed to admit I probably Cant Pass Again

    Done: 5/22/14

    "Always do sober what you said you'd do drunk. That will teach you to keep your mouth shut."
    - Ernest Hemingway

    #591162
    Anonymous
    Inactive

    Knocking out Property Transactions tomorrow then onto Income in CPAexcel.. less than 4 weeks till exam time 🙂

    #591163
    Anonymous
    Inactive

    Good luck to everyone testing this week!! You can do it!!

    #591164
    JMOR
    Member

    It's game time. I'm heading to the test center in a couple of minutes!!! Thanks for all of the support everyone.

    REG - 86
    FAR - 74,
    BEC - 72,
    AUD -73,

    #591165
    Tax lady
    Participant

    Good luck JMOR!

    REG 8/15/14 (73); 11/13/14 (82)-expired 🙁
    AUD 5/30/15 (80)
    BEC 11/28/15 (75)
    FAR 7/30/16

    Studying with CPAexcel and Ninja notes/MCQ's/Flashcards

    #591166
    Anonymous
    Inactive

    Did anyone else notice in CPAexcel that the “mid quarter” convention was discussed in the video but not in the study text.. I know it's relevant but is this becoming a less testable topic? Thanks!

    -edit- Oooooops nevermind! Happy studies!

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