[jeff]

Welcome to the Q4 2016 CPA Exam Study Group for REG.

If this is your first post in the study group – please post your target exam date (just the time frame to preserve your anonymity), and your past history with this exam (optional, of course).

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

[RE2PECT]

@aatoural- I just went on and was able to pay for it. Hopefully I'll get my new NTS in a couple days.

@Michael- I took BEC on 10/3 and had to wait almost 6 weeks for my score. No way I can handle that kind of wait for my last exam lol.

FAR: 75 Roger & Ninja (notes/flashcards/audio/MCQ)
AUD: 73, 81
BEC: 71, retake 8/29
REG:

[Ryan]

cespilot – if you are not happy with your REG score of 83, you should let it expire, and then retake and get a higher score!

Taking my REG exam tomorrow, hopefully last one. Good luck to all.

[aatoural]

@Respect – you applied for your NTS today? let me try again. Thanks

**EDIT – Respect just reapply. Another awesome 268 in exam fees. Pff.

How long should I spend in studying for re-take?

BEC - PASSED
AUD - 8/29/16
FAR - TBS
REG - TBS

[JMG]

RE: studying BLaw

I wasn't retaining anything from reading the book so I just started working MCQs and then going back to the book to review. Getting questions wrong and then reading the explanations really fired it home for me. I hated negotiable instruments with a passion. It's a lot of boooooring material to get through, so at least working the MCQs keeps you active.

[alialzoubi]

A person wants to start a corp.she has 2 plans

Plan A: Contribute cash 300,000 (or 800,000 I forgot)

Plan B : Contribute 200,000 and loan the corporation 480,000

The company is expected to have 200,000 in income this year each year the company is to pay 100,000 to the only partner

in the case of plan A:the 100,000 is considered to be divideds

in the case of Plan B:

The 100,000 are divided into 70,000 loan repayment (including interest) and 30,000 dividend

For any one toke the exam today I have like this Simu today

[RE2PECT]

The link blocked out my post so I'll post this again.

Not sure how this is even possible, but I got a 68 on REG. This is after putting all 0’s in the sims and not even answering the research question! I give up on trying to figure out how this thing is graded lol. If any of you thought you bombed it, but at least did the sims, you still have a very good chance at passing.

FAR: 75 Roger & Ninja (notes/flashcards/audio/MCQ)
AUD: 73, 81
BEC: 71, retake 8/29
REG:

[EZ_Sims_4_me_Pls]

got 79 on reg.

stronger on MCQ's, weaker on SIMS..

I thought I did well on the sims.. but NOPE

my advice is this, if you skimp on ethics and law, you will fail… I studied those hard the last week, and that is the sole reason I passed.

[Anonymous]

Hi all,

I'm sitting for REG again in January. I sat for it in November and got a 65. That means I need to improve my performance by 16%. This time around, I feel like the concepts are really sinking in and I believe that I will pass REG in January! It has taken me much longer than I had originally planned. I planned that I would sit and pass after 6 weeks and it has been 6 months! I learned a few things from this experience though and I am happy to have made the investment. What I learned about myself is so valuable and will benefit me ten-fold moving forward. After I pass REG in January I will begin to study for FAR and will create a much better study system for myself. Here we go!

Alyssa, Future CPA

[Namstut]

Just came back from my REG.

I used Becker and I feel like Becker did a good job covering everything, I just didn't do a good job studying everything. The sections that I skimmed through or skipped showed up on my exam. SIMs weren't horrible, nothing unexpected but I didn't do well because most of the SIMs were in the area I wasn't fully prepared in.

Long story short, when I got to my 3rd testlet I knew I was screwed because I didn't know the answers to more than 50%! The questions were on familiar topics, I just didn't study them well enough. I guessed on some but went back and changed 3 of them (please shoot me, the original answers were correct!!)

After the 3rd testlet I only had 30 minutes to finish my SIMs.

ADVISE: when using the research tab utilize the Advance Search function of the Authoritative Literature tab. “Containing these words near each other” and “containing all of these words” worked the best when I studied and I was able to find the answer on the exam right away.

Anyway, I am already mentally prepared to retake it in January. But this sucks because I don't think I will have enough time to prepare for REG by 3/10/17.

AUD 7/6/16 Passed
BEC 9/3/16
FAR TBD
REG TBD

[HoosierCPA]

@namstut honestly it doesn't sound that bad. The MCQ's got progressively harder which is always a good sign. You were short on time on the sims but you make it sound like they weren't terrible. I wouldn't rule out passing–I think you have a good shot!

Now you have me sifting through all the b-law topics that I've been neglecting! At this point I don't know how many points I can gain–I don't want to stress myself out over every post I hear of peoples experience–but that's easier said then done!

FAR - 78
REG - 72,74,71...please just go away REG nobody likes you!
BEC - 82
AUD - Aug 16

[Namstut]

@dtatham10, the testlets didn't get harder, I just didn't know the answers. I literally recognized all of the questions, I just didn't study that section! Oh well, hopefully we won't see YOU around after the 16th! Good luck to you tomorrow, it was a pleasure studying with you. 😉

I can’t edit my earlier post anymore, but it should say prepare for FAR by 3/10 not REG.

AUD 7/6/16 Passed
BEC 9/3/16
FAR TBD
REG TBD

[Namstut]

.

AUD 7/6/16 Passed
BEC 9/3/16
FAR TBD
REG TBD

[RE2PECT]

Got my score report and no surprise was weaker on the sims lol. Was stronger on all tax mcq's and comparable on ethics and blaw.

Gives me hope for the retake as long as I keep hammering the Gleim sims.

FAR: 75 Roger & Ninja (notes/flashcards/audio/MCQ)
AUD: 73, 81
BEC: 71, retake 8/29
REG:

[MAHMOUD]

whats up everyone ,
I passed FAR in Feb.16 and didn't pass any exam since then,
I was stupid keep trying over and over to pass the BEC and failed in for 4 times,
now I'm trying my chances with REG but now I'm terrified that I might lose my credit.
since I wasted 9 months trying to bas this damn BEC. need some encourage me with that.

thank you guys

[Claudia408]

Someone please help. Biz law is just terrible!! Really confused by this question… Samm violated state, and performed according to the contract yet is suing and is able to get money!? wtf? what am i missing here?

Samm, a plumber, entered into a contract for $75,000 with Orr, Inc. to perform certain plumbing services in a building owned by Orr. After Samm had satisfactorily performed the work, Orr discovered that Samm had violated the state licensing statute by failing to obtain a plumbing license. The licensing statute was enacted merely to raise revenue for the state. An independent appraisal of Samm’s work indicated the building’s fair market value increased by $70,000 as a result of Samm’s work. The cost of the materials which Samm supplied was $35,000. If Samm sues Orr, Samm will be entitled to recover:

Answer: $75,000

BEC - 75 (3x)
AUD - 78 (3x)
REG - 67, 66, Aug 1
FAR - 54, Sept 8

[Author]

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