[jeff]

Welcome to the Q3 2017 CPA Exam Study Group for REG. 🙂

Introduce yourselves and let your fellow NINJAs know when you plan to take your REG exam.

The Five Steps (NINJA Framework): https://www.another71.com/pass-the-cpa-exam/

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

[hp3200]

Does anyone know of a good time management rule to follow. Like how long to spend on each testlet? I cant find anyone online who speaks about the new exam…

TIA!

[Holly]

There's a guide in the Becker book @ hp3200. This is what I'm doing
1 – 4-3:15
2 – 3:15-2:30
3 – 2:30-2:00
4 – 2:00-1:00
5 – 1:00 – 0

BEC - 79
REG - 85
AUD - 5/27/16

[gguzman]

Would Ninja MCQ be worth it for the last 2 weeks? I feel like I've done the Becker ones a lot already, I am afraid I may have memorized some of the answers. Becker Final review has another 200 MCQ's and 10 SIMS.

[jtvande]

I am using NINJA for my 2 week final review. Getting exposed to a bunch of different questions. Idk if it is working but we will see. I really struggle with SIMS. Ninja helps a lot with the MCQ but I think the SIMS will still be a Hail Marry.

[Holly]

@gguzman I think so! It's only $40 and there are so many more questions and simulations, also it's adaptive so you can really focus on what you're weak in.

BEC - 79
REG - 85
AUD - 5/27/16

[Holly]

I just came across a question that lists the order that items affect S Corp basis. Anyone know?

BEC - 79
REG - 85
AUD - 5/27/16

[CPA so close, so far away]

S-Corp Basis Items

+Income
+Contributions
-Distributions
-Losses/Expenses

Its important you subtract disbursements before loss/expenses due to the loss limitation rules.

[hp3200]

Thanks Holly!
Are you doing the schedule as shown in the becker book?

[Holly]

@hp3200 yeah pretty much. I hate the time for the testlets thing because sometimes I run out on one and have way too much leftover on a later one.

BEC - 79
REG - 85
AUD - 5/27/16

[Holly]

Y'all…I still don't know about this blaw

BEC - 79
REG - 85
AUD - 5/27/16

[jtvande]

I am trending pretty low in Blaw also. At least we know the SIMS will most likely be only Tax. I think blaw just has so much information. Hopefully we can soak in enough to do well on the MCQ on the test.

[Holly]

@jtvande that's exactly what I was thinking. They're going to hit us hard on the MCQ because there will be no blaw sims. ugh I don't know if that's a good or bad thing.

BEC - 79
REG - 85
AUD - 5/27/16

[Holly]

Updates to Becker Course this morning

BEC - 79
REG - 85
AUD - 5/27/16

[CPA so close, so far away]

Any specific changes that you can see in Becker?

[Anthony]

Took the exam yesterday..now the waiting game beings.

My experience:
https://www.another71.com/cpa-exam-forum/topic/reg-experience-531/#post-1590890

Godspeed for those who will face this beast.

[Author]

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