[Anonymous]

Is Regulation a lot more challenging than Audit? Just curious of what others think. Thanks!

[aaronmo]

It depends on you, your skills/weaknesses and your background. I'm very good at reading, analysis and conceptual thinking…audit was easy. I'm not good at memorizing crap tons of random rules and exception process that often don't have a consistent, or logical basis. REG was far more difficult for me.

[Hurricane]

I agree with aaronmo. Audit was more conceptual and required much less memorization. Audit also has less material to cover. None of the sections are easier, but studying AUD was much less stressful.

AUD - 96
BEC - 88
FAR - 88
REG - TBS

[aaronmo]

Hurricane – agree…they all have unique obstacles. That's part of the overall challenge of the exam – it tests different skill sets.

I also think a little depends on how strong your background is – I don't have an accounting degree…I have the bare minimum of credits and none of the “other” stuff like marketing, micro, etc. I took all of my accounting classes at local community colleges, except audit…which I took online at a 4 year. My audit class was much more rigorous and I was better prepared. In many prep areas I'm learning most things for the first time, but audit was re-learning.

[ninjacpa_hck]

what do you guys think best way to prepare /study for reg?

[aaronmo]

For me it was crap tons of notes, outlines and spreadsheets charting the differences between entities. So I had a spreadsheet for capital gains that had different columns for how each entity handled capital gains. One for entity formation, one for entity distributions, etc.

[Author]

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