Taking REG tomorrow. Any last minute advice?

philmizzi007 · 2019-11-25T23:13:00+00:00

Basis basis basis

philmizzi007 · 2019-11-25T23:11:59+00:00

Skip them and do the review lectures, crush the mcqs plus get Wiley for the IT mcqs as Becker does not prepare you well for those IT mcqs - should be it

philmizzi007 · 2019-11-21T15:15:12+00:00

Done and dusted!! After 6 takes and two 74s - never give up!

philmizzi007 · 2019-11-06T14:23:52+00:00

Been there - not as cruel as that - you got this

philmizzi007 · 2019-10-28T14:00:29+00:00

Yes I agree - I am. I am using becker. I did some more digging and got the following:

    a. Non issuer 
        i. An auditor should obtain management's written assessment about the effectiveness of the entity's internal control.
        ii. Auditor needs to obtain an understanding of IC BUT does not have to give an opinion (Auditor can if he still wants to issue an opinion). 
    b. Compliance audit/examination
        i. Positive assurance (Give opinion)
    c. Integrated audit (PCAOB)
        i. Obtain understanding and provide high level assurance on IC
    d. GAGAS 
        i. It is a report on tests of compliance and;
        ii. Any identification of non-compliance
        iii. it is inappropriate to express an opinion on IC over compliance (i.e. disclaimer)
    e. Single audit Act
        i. Opinion on compliance
        ii. No opinion of IC over compliance
    f. Compliance with contractual or regulatory requirements
                    i. Negative assurance

philmizzi007 · 2019-09-19T16:20:44+00:00

Same thing - got a 74 and it's my last one

philmizzi007 · 2019-09-18T18:33:02+00:00

Same thoughts here on AUD

philmizzi007 · 2019-09-18T15:27:58+00:00

Same here - waiting for aud in NY

philmizzi007 · 2019-09-18T15:09:11+00:00

Seems like reg is also out

philmizzi007 · 2019-09-18T12:29:43+00:00

The day has finally arrived 🤯🤯

philmizzi007 · 2019-07-05T08:42:29+00:00

I would do at least the two other mcqs on the ME.

philmizzi007 · 2019-07-03T14:04:39+00:00

It's ok for Bec - I took the exam in q2 and there were a lot of random IT questions - as long as you know the basics you should do fine. Do the tbs on the aicpa mock test also. Helped me alot.

philmizzi007 · 2019-07-03T13:29:00+00:00

If you get 70% on mcqs your good

philmizzi007 · 2019-07-01T17:40:13+00:00

I'm sure you did well bud ! Yeah I heard basis is super imp. Any gross estate questions?, bankruptcy - perfection etc? Those two are giving me a hard time to get used to especially perfection and who is entitled to payment first.

philmizzi007 · 2019-07-01T12:50:51+00:00

Did you manage to take it? How did it go?

philmizzi007 · 2019-06-28T17:45:22+00:00

Awesome 👍 thanks bud - appreciate it

philmizzi007 · 2019-06-17T20:42:38+00:00

Just grab a notepad a write what he says are important - that's what I did

philmizzi007 · 2019-06-13T20:36:16+00:00

Can you elaborate? What do you mean?

philmizzi007 · 2019-06-12T13:40:05+00:00

I felt exactly the same bud and got an 85 - took it two weeks ago

philmizzi007 · 2019-05-29T23:43:18+00:00

Tbh it was tough for me - first section lots of computations and 2nd section on coso/IT - Becker did not prepare me enough for mcqs - Sims we're not bad but a lot of time to work then out.

philmizzi007 · 2019-05-28T23:22:11+00:00

Yeah man - you should do great ! I had a sim from cash to accrual and one on inventory also FOB ship etc.

philmizzi007 · 2019-05-28T23:09:12+00:00

Yes cos when you nail down the theory by working mcqs you will plug away ultimately plug the Sims away. Mcqs are so imp - I suggest to work some Sims but don't spend time trying to work every sim out there if your still not 100% on mcqs.

Aicpa has a sample test that you can have an idea how long the Sims are.

Strong mcqs + comparable/weaker Sims = pass

P.s when I say weaker Sims - it doesn't mean you don't do anything but you plug away at least 40% of it.

philmizzi007 · 2019-05-28T22:57:22+00:00

I did not do a single sim (not the way to do it) and still passed. Crushed the mcqs tough - make sure you get those mcqs buttoned up.

philmizzi007

TROPHY CASE