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Now it's on to Auditing!
good luck to all!
I am taking BEC later this month and I am currently studying using Becker as well. When you say it was pretty straight forward can you elaborate on that a little. I know it is a toss up but woud you say the math is harder than becker? Was their about equal math and word problems. Also did you work through the 100s of supplemental questions?
I found that the math questions were fewer and farther between as compared to the word questions. I would say only about 20-25% of the questions were math based.
As for the supplemental questions in chapters 3 and 5, I pulled out my hair trying to go through all of those! And I felt the content on some of those questions was over the top and not indicative of what you'll find on the exam. So don't be discouraged if you're getting 60% of those supplemental questions correct (which was about my score)
Know the major concepts, key vocab, and key formulas and you will feel very confident during the test.
You will get some far-out questions, but just answer them the best you can, and understand that it's a good possibility that many of those questions are actually operational questions that won't be scored
Let me know what you think of it after you take it.
I'm in the same boat as you. I took (actually, RE-took after scoring a bone-crushing 74 on my first attempt) BEC 10/3 and will take audit on 10/31 (aka friday). I have not received my score, and actually went so far as to call my state BOA (VA) and ask when I would get the score. That was wasted energy.
The key thing to remember is that there is basically nothing you can do to affect your score after you finish the exam. Also, there is nothing you can do to increase the speed by which your score is released. That being said, driving yourself crazy worrying about your BEC score may hamper your confidence on AUD and/or future exam sections. The Best advice I can offer is to accept the fact that you aren't getting your score for a while, pretend like AUD is a separate exam, and keep plugging away. You will drive yourself insane obsessing about something in which you have no control over at this point.
Hope this helps. Good luck man.
I find that terminology and good comprehension of the math problems are essential. However, keep in mind the grade breakdown. Business Structure, IT and Financial Management represent 65% of your grade. The cost accounting (Overhead, variance, joint costs) and strategic decisions (NPV, IRR, EVA, Breakeven)are math intensive but only +/- 20%. The rest (15%) is economics and planing (mission, benchmarking, forecast, regression)
I am studying for it right now and feel like I am going through the same process as I did the last time. I think I was sold out with that 74. Any good tips to get that extra point? Kinda having a hard time changing my routine since i feel like I should've passed the first time.
76.
awesome, congrats
I hope im as lucky,
will update tues/wed
My advice? Get the Yaeger cram and Wiley book...spend a few weeks reviewing and then take it again in early January. Don't give up! You have all of this AUD knowledge built up - a 73 is just inches away from passing...I recommend jumping back into it quickly and not letting your studying go to waste via a long layoff.
Got my score, 73. Very frustrating and disspointing, trying to keep a clear head going into audit on tuesday
Just got out of BEC --- seems like a blur. Can't even think about how I did. Some questions I had no idea. We'll see.
Not true...I took it 14x.
e-mail me...another71cpa@gmail.com
This quesiton is to all who have taken the BEC exam recently. I am just wondering if anybody experienced having more questions on certain topics (of course most questions should be about IT and cost accounting). But I heard several different stories from people who have taken the exam recently and they passed, some people i know who passed recently had a lot of questions on business structure and economics as opposed to cost acct and IT. They didn't expect this, but they still passed. But my question has anybody in here experienced having more questions about business strcuture or econ, or finance, cost acct, it in their exams? I just want to get an idea of what topics they will be asking about the most even know I am aware that about 50% is from IT and cost acct.
I took BEC yesterday.I think i overworked myself preparing for it, the question were not as bad as i thought. But i wasn't relaxed at all. I don't know how i did but i sure hope i pass, so questions were relatively easy and some i fad no freaking clue. What i hate now is waiting for the score, How do you guys deal with the wait? i think i should just start studying for REG right away? Passed auditing with a 77 last october. I pray i pass BEC because i am really worried and U hate it when i feel like this
Good luck everyone, never give up
I just took BEC yesterday for the second time. I passed FAR and AUD the first time around. Got a 69 on BEC the first time. I made sure I answered all of the Becker questions for this section to 90% proficiency (including supplemental and took both simulated Final Exams) and STILL left the test feeling like I just stepped out of a tornado.
I was very angry because I thought the testlets on BEC followed the MST that the other parts do. I read on-line today that the BEC section does not work that way so there is a glimmer of hope yet.
My words of advice....if you have Becker....READ the book too. I would NEVER suggest that for any other part of the CPA but the multiple choice questions for BEC don't cover the concepts well enough in my opinion. Also, read a good updated Auditing books' I.T. section. The verbiage is much easier to understand and in my opinion, more up to date.
GOOD LUCK TO ALL OF US! Never give up. The rewards of this certification greatly outweigh the temporary struggles.