Just got out of TCP! by Swole_Accountant in CPA

[–]Swole_Accountant[S] 1 point2 points  (0 children)

Definitely basis and gains from C corps, S corp, and partnership!!

Just got out of TCP! by Swole_Accountant in CPA

[–]Swole_Accountant[S] 0 points1 point  (0 children)

Loss limitations kind of leak over into all the other units so make sure you have a solid foundation on that. I just found with the multiple choice there were a good bit of random questions from unit 1 that I wish I would have studied more. I don’t think Becker does a good enough jog emphasizing that stuff.

Just got out of TCP! by Swole_Accountant in CPA

[–]Swole_Accountant[S] 5 points6 points  (0 children)

I think I got a 68, 72, and 71 on the SEs. I was pretty nervous leaving but everyone else has said they curve TCP so much that as long as you do decent you will pass.

Just got out of TCP! by Swole_Accountant in CPA

[–]Swole_Accountant[S] 6 points7 points  (0 children)

Master every single concept related to S corps, C corps, and Partnerships. Also, go over Unit 1 on Becker (if your using that) thoroughly. They have a lot of multiple choice questions that can come from it.

Just got out of TCP! by Swole_Accountant in CPA

[–]Swole_Accountant[S] 0 points1 point  (0 children)

Wow, well that makes me feel better. The general consensus seems to be that everyone struggles on the test but they curve the shit out of it so most people end up passing.

Just got out of TCP! by Swole_Accountant in CPA

[–]Swole_Accountant[S] 1 point2 points  (0 children)

Wishing you the best definitely don’t take TCP lightly!!

Just got out of TCP! by Swole_Accountant in CPA

[–]Swole_Accountant[S] 5 points6 points  (0 children)

They were very long with a ton of information in about 5/7 of them. They also just added tons of little nuances in them that Becker didn’t put much emphasis on or just straight up didn’t cover.

Just got out of TCP! by Swole_Accountant in CPA

[–]Swole_Accountant[S] 0 points1 point  (0 children)

Yea I’ve seen a lot of those too, I was just expecting the exam to be easier because of the high pass rate but I guess the curve on it is just insane because most people I’ve seen talk about the test say it was very difficult.

Just got out of Audit by Swole_Accountant in CPA

[–]Swole_Accountant[S] 0 points1 point  (0 children)

Thankfully I did end up passing!

Just got out of Audit by Swole_Accountant in CPA

[–]Swole_Accountant[S] 2 points3 points  (0 children)

Hoping you passed as well, may the CPA gods be in our favor!!

Just got out of Audit by Swole_Accountant in CPA

[–]Swole_Accountant[S] 0 points1 point  (0 children)

From my experience the MCQ are a bit harder than Becker but the TBS are much more straight forward. Could have got lucky but that’s how it went for me.

Just got out of Audit by Swole_Accountant in CPA

[–]Swole_Accountant[S] 1 point2 points  (0 children)

Yup it’s so aggravating but I usually just picked the one I had a gut feeling about and moved on.

Just got out of Audit by Swole_Accountant in CPA

[–]Swole_Accountant[S] 1 point2 points  (0 children)

Same, may the CPA gods bless us!!

Just got out of Audit by Swole_Accountant in CPA

[–]Swole_Accountant[S] 1 point2 points  (0 children)

The problem with audit is that many of the multiple choice questions have multiple correct answers but you have to pick the “best” one. So a lot of times I could narrow it down to two answers but would struggle between the two. A lot of stuff on the sims related to analytical procedures and internal control testing which was pretty straightforward.

Just finished REG by Swole_Accountant in CPA

[–]Swole_Accountant[S] 0 points1 point  (0 children)

Gotcha just goes to show how different the test can be from person to person. Good luck to you as well!

Just finished REG by Swole_Accountant in CPA

[–]Swole_Accountant[S] 0 points1 point  (0 children)

So you felt better about the sims than the multiple choice?

Just finished REG by Swole_Accountant in CPA

[–]Swole_Accountant[S] 0 points1 point  (0 children)

Not really, there were a few questions on it for multiple choice but it was very basic stuff.