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CPA1979 Regular
Joined: 02 Aug 2010 Location: United States
Online Status: Offline Posts: 210
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Posted: 23 Nov 2011 at 16:39 | IP Logged
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I'm taking REG next Wed. and was wondering if anyone has some advice on
how they have used the authoritative literature in the past to answer the SIMS
questions? Any search tips or anything to make it easier to double check my
answers in that area.
Thanks,
__________________ FAR 11/10 80!!
AUD 10/11 93!!
BEC 01/12 77!!
REG 11/11 79!!
Ethics 3/12 93!!
CPA in IL
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herewegocpa Regular
Joined: 19 Jul 2009
Online Status: Offline Posts: 103
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Posted: 25 Nov 2011 at 17:23 | IP Logged
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Just search for it and spend a good 10 mins in researching. Once you finished the rest of the sims, go back to the research and double check. For FAR and REG for me, Thank God I doubled checked cuz I almost got the wrong answer. Good Luck! Most on Reg are the IRC codes so check up on them if you have time.
__________________ REG - 75
BEC - 75
AUD - 87
FAR - 76
CPA & CFE Done, Next Goal Life :)
THANK YOU LORD!
"I can accept failure, everyone fails at something. But I can't accept not trying." MJ.
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CPA1979 Regular
Joined: 02 Aug 2010 Location: United States
Online Status: Offline Posts: 210
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Posted: 26 Nov 2011 at 18:00 | IP Logged
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herewe,
Thanks for your reply I really appreciate it. However, I was looking for advice
more on how to use the auth. lit. to double check the answers on the other
Sims not just the research one. Of course, only the answers I've doubt about
it.
I did the same thing on Aud and it paid off very well. However, Audit
literature is setup different then the IRC. Thanks again!!!
__________________ FAR 11/10 80!!
AUD 10/11 93!!
BEC 01/12 77!!
REG 11/11 79!!
Ethics 3/12 93!!
CPA in IL
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mcannon1104 Regular
Joined: 10 Jul 2010
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Posted: 29 Nov 2011 at 15:10 | IP Logged
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For my first Sim, on the test I took yesterday, I used the research TAB and quickly found out the rule to use for the problem. It's very helpful. Just use it like you're doing a research problem, and use key words.
__________________ FAR Oct 2010 83
BEC Nov 2010 83
AUD Apr 2011 73
AUD Aug 2011 87
REG Nov 2011 75
Licensed CPA in Indiana
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CPA1979 Regular
Joined: 02 Aug 2010 Location: United States
Online Status: Offline Posts: 210
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Posted: 29 Nov 2011 at 19:55 | IP Logged
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mcannon1140,
Thanks for your reply!!! I'll take your advice into consideration. Anything
other tips for the exam??? I cannot wait to get this over with
__________________ FAR 11/10 80!!
AUD 10/11 93!!
BEC 01/12 77!!
REG 11/11 79!!
Ethics 3/12 93!!
CPA in IL
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