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Subject Topic: * REG - Jul/Aug 2009 Window (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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pass_cpa
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Posted: 04 Jul 2009 at 07:53 | IP Logged  

Hello Jerry & bryis:

Thank you both for sharing your ideas/thoughts on how to better prep for REG. Like bryis, I too learn better by self teaching....however, I never took business law or tax in school and that's why REG feels like a challenge...Gleim is good but the way the information is structured sometimes gets a bit overwhelming.....

bryis: Since you are also using Gleim and doing well on the MCQs, may I request you to share your study plan for this exam...as that may also help me improve.

Thank you....much appreciated!
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Jerry
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Posted: 04 Jul 2009 at 08:34 | IP Logged  



I find the books to be "fair" in the explanations. If you want examples and applications, they do fall short. REG is so much memorization, that I am finding the book to be fairly useful. However, there are times that I have had to pull an old textbook from the shelf to augement. When it comes to more conceptual ideas, I have yet to make a determination. FAR is next. I've got about a foot of old financial accounting books that likely explain anything that Bisk, Becker, or whoever else can.
[/QUOTE]

I made a 68 on FAR in August after spending a year trying to prepare for it with Gleim.  I found out that it does not pay to be cheap in preparing for these exams!  I was using a four year old Becker book and Gleim 2008 questions. 

 

 

I found out too late that much of what I was studying in the Becker book and the textbooks was out of date.  Additionally, I estimate that I wasted about 8 months trying to find answers to Gleim multiple choice questions in old accounting books.  I also found out after I failed FAR that even the new textbooks were out-of-date by the time that they were published!  Rule #1: Use only current materials to study.

 

I like Yaeger and Bob Monette because when they come to a multiple choice question, I stop the DVD and answer the question.  I then listen to the explanation of the answer.  Yaeger even goes to the blackboard to show you the solution.  I take notes if I missed the question.  I find this approach more efficient and effective than the Gleim non-teaching approach. 

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bryris
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Posted: 04 Jul 2009 at 10:56 | IP Logged  

pass_cpa:

Here is what I do: (when I get my Reg score after I take it, I'll let you know if it worked).

1. I read the knowledge transfer outline, answering the books questions between each subunit. I can usually tell from reading Gleim what will likely be tested and what is too detailed. Gleim does like to throw a bunch of extra stuff in there. If I don't understand what is being said, I'll do a Google search of tax material, look it up in my textbooks, etc.

2. I will then do several study sessions with the software. I will on average do at least 4 (I set them to 24 questions, since that is the testlet size on the real exam). So, I've done about 96 questions at this point on average. If I am not scoring in in the 80's, I keep going.

Also, every question I miss, I read why I missed it and learn from it, and I have a 1 subject binder that I write the explanations in "in my own words". IOW, I figure out the concept, then write it out in plain english in my binder.

3. Then I take a practice exam. Now, since I have answered many questions at this point, there is a memorization "curve" regarding the real test. There is no way around this. There are some 2,200 questions in the REG database, but you will still recognize some and know the answer. But, I figure as long as I know why the answer is right, the memory curve will likely be analgous to the real curve in the test and the scores should coincide.

4. I then do the book simulation and the simuation online (Sim Wizard).

5. Then I do a cumulative TEST from the first SU to the one I just finished to keep the data fresh. Correct any problems with that.

6. Then move on to the next SU, rinse and repeat.

7. I planned my time in such a way that all material has been gone over in this fashion about 2-3 weeks before the exam. Then I spend the remaining time hitting the rough spots (tax credits, exemption requirements, things that are strictly memory).

But, YMMV. There are no guarantees and this may not work. But I can assure myself that by the time I sit for the exam, I will have invested at least twice the time of my competitors, bordering on 300+ hours.

Gleim has been doing this for over 35 years. I am also a laid off professional pilot and am quite familiar with their aviation materials. Gleim does what they do very well.

But Jerry is not wrong, either. We all absorb things in different ways. The end result is that we understand and can use the information. Whatever road leads to that place is a good road.


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pass_cpa
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Posted: 04 Jul 2009 at 13:29 | IP Logged  

Hello Jerry & bryis,

Thank you for sharing your experiences/study plans....when I was deciding to sit for my exams I got the 2009 Gleim editions for all of the sections and also get online updates...and I also check the Becker website for the updates they may have for the 2008 edition (and they usually have a lot of updates)...

I too read the outline and then move on to practice questions that gives me an idea on what topics I need to prep more for....with about 2 weeks to go....I feel that is efficient and effective for me.....hopefully this works on the exam day! :)

bryis: Very well said! At the end of it all one should stick to what works best for oneself....

Thanks a lot and GOOD LUCK to both of you....Lets get this done!! :))

PS: I may have another question on how to tackle the SIMs as from some of the posts that I have read so far the REG SIMs have been a nightmare....any ideas/suggestions?

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daliacpa
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Posted: 04 Jul 2009 at 19:30 | IP Logged  

I'm using college prep books from October 2008 and (to clarify some business law issues) Becker 2007 book. Does anyone think I should supplement my materials with more current materials?

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