Advice Appreciated!

  • Creator
    Topic
  • #821148
    kiwi9990
    Participant

    I found out this week that I passed BEC and I failed FAR (67). I take AUD for the first time this Saturday, and I plan to retake REG (64) on Sept. 9 or 10, and then retake FAR on Oct. 8. I was hoping to get some advice on all 3 of these sections. I have Becker until Sept. 30, and I purchased the Wiley books as well.

    For AUD, what are some hot topics for final review? What should I really focus on? I want to pass this one so bad on my first try!
    For REG & FAR, what are some good retake strategies? I feel like FAR is so lengthy that I don’t even know how to dive back into it (I took it a month ago). I took REG back in June, and mainly focused on doing multiple choice questions. For FAR, I did 90% of the Becker lectures and questions, and skimmed over the SIMS.

    Any help and suggestions would be greatly appreciated!

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    Replies
  • #821280
    hasy
    Participant

    Practice FAR sims…. I don't see why people say don't. It helps familiarize with the types of question they might ask.

    Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved - Helen Keller

    -

    BEC 80 (10/23/15)
    FAR 72 (4/2/15); 83 (7/11/16)
    REG 52 (4/28/15)
    AUD (9/9/16)

    Roger + NINJA MCQ + WTB

    #821568
    Anonymous
    Inactive

    My best advice is to not get stuck in the details.
    Read through the content so that you understand the key points, then move on.
    For example with REG, there are certain corporate deductions that can be taken; such as the dividends received deduction and the domestic production deduction.
    When you're reading the text, just familiarize yourself with the percentages for DRD (70%, 80%, or 100% deduction) and with DPD (9% x lesser of TI or production income).
    Obviously there are certain exceptions with both – for DRD you'll have to do a separate calculation for the taxable income limitation and for DPD you might not know exactly how to calculate production income, but this all comes later down the line with practice. The bulk of the learning comes from grinding out MCQ's and TBS's. From my experience, it doesn't matter whether I spend 30 minutes reading a topic or even an hour (in order to understand all the intricacies) because 3 or 4 weeks down the line when you've read through the whole text, all the remains anyways are the fundamentals. Just keep practicing questions and don't read solutions before solving the problems yourself. And always focus on the problems you got wrong and the reason why.

    #822027
    Saraaa Li
    Participant

    For FAR, sims are important and needs a lot of time according to my experience.

    AUD, I would say Becker chapter 1 and 2 are very important, as well as rules with independence.

    REG-84
    BEC-76 (Thank you God!)
    AUD-71,82
    FAR-79 (what a surprise and I am finally done !)

Viewing 3 replies - 1 through 3 (of 3 total)
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