My REG exam this afternoon:
I don't think it was a difficult exam and I didn't get any “huh?!!” questions – it was certainly an exam which someone who had put in their ‘due diligent' time studying would pass.
Unless, like me, you blanked out on simple basis questions which you had mastered, or suddenly started using percentages to calculate a shareholder's share of E&P (whereas you only needed to use the direct figures – I could kick myself after the exam!!).
My first testlet was easy – but of course I am sure I got some questions wrong because of sheer insufficient practice and nervousness. I hope my second testlet was harder but I couldn't tell. I got an almost equal number of “blaw” questions as I did taxation and general calculations. My SIMS were easy – again, if you had studied well. Straightforward questions, easy answers, and could find some in the IRC. I messed on on some, of course, especially my research question which I spent 12 or so minutes but still not sure I got it. I hope I pass, but I sigh every time i think about how easy it was an how i just as equally easily messed up.
As for the ‘left field' questions some people said they had, I didn't have any. What I noticed, though, is that the questions were similar to what I had from CPAExcel except that they had a little twist to them. So, when you use practice questions, try to look at an alternative version of a question, for example,if the question asked about the basis of property with a realized gain, think – what would the answer be if it was a realized loss instead … stuff like that.
Longer post than was intended.
Good luck to anyone taking the exam tomorrow!
2010:
BEC: 74, 71, 74, 75
AUD: 71, 74, 83
REG: 71, 76
FAR: (I quit) 34, 45
2015:
BEC: 79
AUD: 78
REG: 67, 76
FAR: 56 (trial run), 74, 74, 74, 80!
Thank God. Your prayers are always answered! Do not give up. Thank you St. Joseph Cupertino.
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