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BF_CPA
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Joined: 06 Feb 2011
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Posts: 57
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| Posted: 06 Feb 2012 at 10:09 | IP Logged
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Thank you team Yaeger!!!
I just found out I passed BEC with a 79!!!
I am now 3 for 3 with Yaeger!!!
Phil, Cindy, and Gary are awesome!!!! If you do your part, they WILL do theirs.
__________________
FAR- 7/25/2011 (81)
AUD- 8/29/2011 (93)
BEC- 1/4/2012 (79)
REG- 5/18/2012 (80)
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Easton
Regular
Joined: 24 Mar 2010
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Posts: 227
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| Posted: 07 Feb 2012 at 09:44 | IP Logged
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BF_CPA wrote:
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Thank you team Yaeger!!!
I just found out I passed BEC with a 79!!!
I am now 3 for 3 with Yaeger!!!
Phil, Cindy, and Gary are awesome!!!! If you do your part, they WILL do theirs.
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Congrats! Now you only have one to go. I recommend Yaeger to anyone I know taking the CPA exam. If only they had a CMA review...
__________________
CPA
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CPA#1
Major Contributor
Joined: 01 Dec 2009
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Posts: 439
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| Posted: 07 Feb 2012 at 12:36 | IP Logged
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Congrats! But I see your last part is REG!!! That one is a beast!!
__________________
FAR: 52,66,73,61,89
AUD: 47,87
BEC: 80
REG: 64,74,84
DONE!!!!!!!
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BF_CPA
Contributor
Joined: 06 Feb 2011
Online Status: Offline
Posts: 57
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| Posted: 07 Feb 2012 at 13:03 | IP Logged
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Thank you both!!
I am very excited to be on the last section, but also very nervous about taking REG.
@CPA#1,
I have followed your progress with REG. I really believe you have it this time. From your experience with REG, what would you consider to be the most important advice you could give to someone for their first attempt at this beast?
__________________
FAR- 7/25/2011 (81)
AUD- 8/29/2011 (93)
BEC- 1/4/2012 (79)
REG- 5/18/2012 (80)
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CPA#1
Major Contributor
Joined: 01 Dec 2009
Online Status: Offline
Posts: 439
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| Posted: 07 Feb 2012 at 16:27 | IP Logged
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BF_CPA wrote:
@CPA#1,
I have followed your progress with REG. I really believe you have it this time. From your experience with REG, what would you consider to be the most important advice you could give to someone for their first attempt at this beast?
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Based on my experience, here are some tips that I feel will help you tackle this beast…
1) Don’t leave any stone unturned. It’s a lot of material, but try to know as much as possible. Don’t ignore anything because the material is lightly covered in your book. Obviously, don’t go overboard by trying to memorize the tax brackets and standard deductions. Your book and review course should pinpoint what you should and shouldn’t know for the exam.
2) Practice LOTS of MCQs. I can’t stress this enough. There are so many different ways they can ask a question and there are so many ways they can try to trick you. So, it’s very important to get lots of practice at this.
3) Do lots of practice Simulations as well. Do not ignore this area because it’s 40% of your score. Do as many Sims as you can from the Wiley book and software. I highly recommend doing the tax return problems so you get the idea of where you report certain items and what amount you should report. They probably won’t ask you to fill out a tax return on the exam, but they may ask you questions like… what amount will you report on Schedule C? If you practiced with those tax return problems in the Wiley book, you should be able to answer that. So, that’s why I highly recommend that you do those tax return problems.
4) The most important thing…. Understand the concepts!! Regulation has so many rules and exceptions that it makes it very easy to just memorize these rather than understanding the big picture. Try to understand why they have these rules and exceptions. If you just memorize them without understanding the why behind it, you will overload your brain because the memorization process will be that much harder since you’re only memorizing instead of trying to make sense out of everything. This is the main reason why I failed before, so I can’t stress enough how important it is to understand the concept. It’s going to be very hard to resist the temptation to memorize, but fight real hard and spend time asking yourself, why is that so?
__________________
FAR: 52,66,73,61,89
AUD: 47,87
BEC: 80
REG: 64,74,84
DONE!!!!!!!
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Topic: Thank You Yaeger
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