BEC – Business Env. Section

2 passed, 2 to go

by gaap toothed on May 26, 2010 · 0 comments

in BEC,FAR

I just found out that I passed FAR with a 79!

I remember after taking the exam, I thought I failed because I was only sure about 65% of my answers.  Also, I didn’t even finish Sim 2 because I only had 10 minutes left of which I spent 9 minutes on the essay and the last minute clicking random boxes and entering random numbers.

Feels great to know that I only have AUD and REG left.  I almost excited to get started on studying AUD.

It’s surreal to think that I’m halfway done with the CPA exam.  It’s great to be done with FAR.  After my FAR experience, I know that AUD and REG definitely won’t nearly be as stressful.

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Passed BEC

by gaap toothed on May 21, 2010 · 1 comment

in BEC

I got my BEC scores in today… I passed BEC with an 80 after studying about 2.5 weeks (40-50 hours total).

 I mainly used CPAexcel with Wiley as a supplement.

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Passed BEC

by gaap toothed on May 21, 2010 · 3 comments

in BEC

I got my BEC scores in today… I passed BEC with an 80.

BEC Diagnostic Report

BEC Score: 80

  • Business Structures – 15hrs
  • Economics – 10hrs
  • Financial Management – 10hrs
  • Information Technology – 10hrs
  • Planning & Measurement – 3hrs

I guesstimate that I  studied about 40-50 hours total for BEC.

While studying, Business Structures seemed so simple and straightforward, but of course the exam questions are always wordy and use discriminatory language to keep things vague.

Economics – I felt like I spent too much time studying difficult questions I would never get asked, but this definitely helped me grasp economics.  Allan Bizzel of CPAexcel made Economics so easy to learn.

Financial Management – Again, props to Allan Bizzel of CPAexcel for his lectures which made studying for this section effortless.

Information Technology – Dan Stone of CPAexcel is awesome.  Definitely prepared me well for IT.  CPAexcel has the BEST IT study module out there.  Anyone having problems with BEC’s IT (or Economics and Financial Management) should definitely check out CPAexcel.  Yaeger’s coverage of IT and Economics is TERRIBLE.  In fact, Yaeger doesn’t cover those sections… they just tell you to read the chapter.  CPAexcel actually covers the material with their lectures using slides to drill down the hierarchies and definitions (and cheesy umbrella hats aka preventative controls).

Planning and Measurement – I didn’t have enough time to really study for this section.  I only covered basic Cost Concepts dealing with terminology and only glanced over balance scorecard and TQM-like stuff.

I passed using CPAexcel and Wiley book for extra questions.  Yaeger didn’t help me at all (and I’d like to mention that I only watched the first 3 or 4 disks which were a complete waste of time).

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From Yaeger to CPA Excel for BEC

by gaap toothed May 3, 2010 BEC

I started with Yaeger as my main review program, but I think I’m going to switch to CPA Excel.  Yaeger BEC Disks 1-3 (Business Structures, Economics, and Financial Management) aren’t good.  Business Structures is ok, but the rest are blah when compared to CPA Excel. CPA Excel’s coverage Business Structures, Economics, and Financial Management have [...]

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Underestimating BEC

by gaap toothed April 30, 2010 BEC

I’m beginning to think I’ve underestimated BEC. I’ve got Business Structures down, but not doing too great in Economics.  I thought I liked Economics, but I don’t remember squat. For questions, I used to always get graphs and calculations backwards.  I could work out the problem logically, but always found a way to mess something [...]

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Yaeger Disk 2 – Module 40 Part 1,2,3 – Economics – Summary

by gaap toothed April 24, 2010 BEC

Read the book, be familiar with vocab terms, and know how to do important calculations.  Handouts from pages 15-27 are a brief summary of the most important topics and  can be cross referenced with the organization of the Wiley book. He says that most of your learning will be done through practicing multiple choice questions [...]

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BEC: Studying

by gaap toothed April 23, 2010 BEC

I started studying for BEC yesterday using Yaeger/Wiley. I got through Module 38 pretty easily.  Business Structure is a “gift” chapter that I plan to beat into my brain in order to ensure that I get all related MPC’s correct. Yaeger Lecture for Module 39 – Information Technology is a bore and pointless to watch [...]

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