[jeff]

Trying something new…

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

[Anonymous]

And you would deduct the cash first, then the property, then the capital gains assets…in that order, right? Our instructor for the review says you use the property 30% first, then the cash, then 20% cap gains assets. A number of people have asked him about this discrepancy from his teaching compared to how our book solves the problem.

I have always taken the cash first. In fact, I found in our book where it says to take the cash 50% first, and he keeps saying to take the 30% first. He messes up other things, so I am getting frustrated. 🙂

Does it make a difference in the roll over where the deduction amount came from. (i.e. $4000 rollover from the 50% basket or $4000 from the 30% basket?)

[Mr.NiceWatch]

Hey Guys. I was watching a Roger video and he mentioned that the CPA REG exam DOES NOT test business or contract law in sims. For some reason I'm having a tough time believing this since Becker has simulations for the business law and contract law chapters. Can anyone confirm this?

Journey begins in July 2012.

FAR - 87 (8/7/2012)
REG - 89 (11/19/2012)
AUD - 95 (1/17/2013)
BEC - 81 (2/26/2013)

[momof4]

I would like to be so lucky to have ANY Business Law SIMs. That stuff is so straight forward compared to tax.

BEC 84
FAR 80
AUD 85
REG 78

[littlenumberrobot]

Hello all!

Just took BEC, tomorrow I start studying for REG. Doing it in 5 weeks. Not as much time as I would like, but I am very familier with REG. I crammed only two weeks each time before, hoping 5 is enough. Looking forward to chatting with everyone 🙂

Happy studies!

CA CPA - All because of the journey listed below
-----------------------------------------------------------------------
FAR - 53('10), 8/25/12 79 PASSED!
REG - 66('11), 69('12), 12/06/12 77 PASSED!!
BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

(Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

Ethics 90%

[Anonymous]

I haven't even taken it yet and I'm having insane stress issues with this exam. It just doesn't feel that bad and that's what's scaring me.

[goodie2vivs]

Hi, I'm in the Los Angeles area.. does anyone know of any study groups for REG? Like.. actual study group? I'm doing the Becker program, which is ending this Saturday

B= 2013
A= 2013
R= 71, 11/28/12
F= 2013

...no bueno for me.

[jeff]

I don't allow live study group postings for a few reasons.

#1 – There are crazy people out there and you don't know who you're inviting into your life when you do that (most important reason)

#2 – it clogs up the board with study group postings from various cities/states

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

[littlenumberrobot]

ah! I need to get my stuff together. I have had a tough time getting into the study groove for this section, maybe because I only gave myself a weekend's rest from BEC last week. But now I find out my firm is MOVING!!! My boss wants to by early December. Umm my test is 11/30!! Freaking out a little. I have to push myself this weekend to get through several sections to be on target. I dont want to fail again because cramming didnt work.

Rant over.

CA CPA - All because of the journey listed below
-----------------------------------------------------------------------
FAR - 53('10), 8/25/12 79 PASSED!
REG - 66('11), 69('12), 12/06/12 77 PASSED!!
BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

(Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

Ethics 90%

[KLBHouston]

Mr.NiceWatch,

someone had posted the same question about business SIMS on the board of CPA Excel (the prep course) and the admin said that there are only tax SIMS.

REG 11/24/12 - 73
REG 2/23/13
BEC 2/2/13

[Anonymous]

Hi everyone! I'm taking the exam on November 30th and I'm just about halfway through the Becker material. I'm feeling really overwhelmed with the amount of the material. Does anyone have any advice on what sections I should really focus on?

I don't want to not look at everything, but at the same time I don't want to be wasting time not focusing on the crucial areas that I will be tested on assuredly. I do not have much experience in tax — I graduated in April and only had an individual tax course, so I'm feeling pretty nervous right now.

[littlenumberrobot]

@Cardea

We test the same day. I have taken REG 2x already but its been so long I am studying like new, well kinda. I am also in tax preparation so some tax items are natural to me. I would say study everything and most important is practice MCQ. As for focusing on topics I would trust your review course as to what isnt too heavily tested. REG is straight forward in my opnion. I just need to do more practice this time around. Good luck!

CA CPA - All because of the journey listed below
-----------------------------------------------------------------------
FAR - 53('10), 8/25/12 79 PASSED!
REG - 66('11), 69('12), 12/06/12 77 PASSED!!
BEC - 58('10), 74('12), 01/05/13 77 PASSED!!!
AUD - 43('11), 66('12), 69('13), 74('13) 7/29/13 85 PASSED!!!!!

(Combinations of Roger, Yaeger, Wiley Book, Wiley TB, & NINJA Notes)

Ethics 90%

[Anonymous]

Can't believe tomorrow could be my last day walking into prometric to take an exam. Never felt this way the night before.

Past few days I barely touched on any materials. Just been sitting down relaxing and hoping that I learned enough to put me through.

[tru1316]

@cpatime I'm in the same boat as you, I just took REG yesterday and it's a crazy feeling knowing I might be done. Also ironic that we have almost identical scores! Lol best of luck!

BEC- 80
AUD- 85
REG- 83
FAR- 85

[Anonymous]

@littlenumberobot Thanks! Hopefully we'll both be ready by November 30th!

[Anonymous]

@littlenumberobot Thanks! Hopefully we'll both be ready by November 30th!

[Author]

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