Tips to Pass BEC or REG Before the Exam Changes January 10, 2017
Introductions
• Denise ProbertCPA, CGMAWiley Director of Curriculum,Accounting Test Prep
• Julie SnowWiley CPAexcel Product Support
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Webinar Agenda
• Quarter One: Why BEC or REG?– Structure– Content– Higher-order cognitive skills
• Exam Strategies• Cram Tips• Raffle• Ask the Expert
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2017 Quarter One Testing: Why BEC?
Testlet 1 24 MCQs
Testlet 2 24 MCQs
Testlet 3 24 MCQs
Testlet 4 3 WCs
Current Exam Format
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2017 Quarter One Testing: Why BEC?
Testlet 131 MCQs
Testlet 231 MCQs
Testlet 32 TBSs
Testlet 43 TBSs
Testlet 5 3 WCs
New Exam Format
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2017 Quarter One Testing: Why REG?
Testlet 1 24 MCQs
Testlet 2 24 MCQs
Testlet 3 24 MCQs
Testlet 4 6 TBSs
Current Exam Format
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2017 Quarter One Testing: Why REG?
Testlet 1 38 MCQs
Testlet 2 38 MCQs
Testlet 3 2 TBSs
Testlet 4 4 TBSs
Testlet 5 3 TBSs
New Exam Format
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% of Exam Contents
16 -‐ 20% Corporate Governance
16 – 20% Economic Concepts and Analysis
19 – 23% Financial Management
15 – 19% Information Systems and Communications
10 – 14% Strategic Planning
12 – 16% Operations Management
Current Content Tested on the BEC Exam
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Reallocation of BEC Content
I. Corporate Governance 16% -‐ 20% I. Corporate Governance 17% -‐ 27%
II. Economic Concepts and Analysis 16% -‐ 20% II. Economic Concepts and Analysis 17% -‐ 27%
III. Financial Management 19% -‐ 23% III. Financial Management 11% -‐ 21%
IV. Information Systems and Communications
15% -‐ 19% IV. Information Technology 15% -‐ 25%
V. Strategic Planning 10% -‐ 14% V. Operations Management 15% -‐ 25%
VI. Operations Management 12% -‐ 16%
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% of Exam Contents15 -‐ 19% Ethics, Professional, and Legal Responsibilities17 – 21% Business Law11 – 15% Federal Tax Process, Procedures, Accounting, and
Planning12 – 16% Federal Taxation of Property Transactions13 – 19% Federal Taxation of Individuals
18 – 24% Federal Taxation of Entities
Current Content Tested on the REG Exam
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Reallocation of REG Content
I. Ethics, Professional and Legal Responsibilities
15% -‐ 19% I. Ethics, Professional Responsibilities and Federal Tax Procedures
10% -‐ 20%
I. Business Law 17% -‐ 21% II. Business Law 10% -‐ 20%
III. Federal Tax Process, Procedures, Accounting and Planning
11% -‐ 15% III. Federal Taxation of Property Transactions
12% -‐ 22%
IV. Federal Taxation of Property Transactions
12% -‐ 16% IV. Federal Taxation of Individuals 15% -‐ 25%
V. Federal Taxation of Individuals 13% -‐ 19% V. Federal Taxation of Entities 28% -‐ 38%
VI. Federal Taxation of Entities 18% -‐ 24%
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Reallocation of Higher-Order Cognitive Skills
Section Remembering and Understanding
Application Analysis Evaluation
Q1 2017ALL 50% 50%
April 1, 2017BEC 15%-‐25% 50%-‐60% 20%-‐30%REG 25%-‐35% 35%-‐45% 25%-‐35%
Strategies to Sit in Quarter One
• Commit to studying and set up your exam planner• Apply immediately– If you have NOT already applied, allow up to 6 weeks – If you have NOT already applied, first fully understand:
• Application process• Notice-To-Schedule (NTS), including its expiration
– If you have your NTS and have time to study, schedule immediately with Prometric
• Study, study, study• Keep in mind the 18-month rolling calendar once you pass your
first section
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Strategies to Sit in Quarter OneCan I sit for BEC or
REG in Q1?
Do I have adequate study time?
Apply/receive NTS
Schedule Q1 exam if seats available
Do I have my NTS?
Schedule exam ASAP*
SCHEDULE EXAM ASAP**Fee incurred if reschedule within 30 business days before your exam.
No cancellations 24 hours or less from exam time
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Study TipsSample Plan: BEC in Quarter One
BEC exam date is
3/1/2017
BEC is 11-‐19 study hours per week
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Study Tips
• Focused study time– Read the study text– Watch the lesson videos– Do as many multiple-choice questions as possible– Familiarize yourself with TBSs and WCs
• Final review– Work more MCQs– Highlight challenging content – Highlight content most likely to appear on exam that should be
top of mind• Accountability• Milestone rewards• Motivation
Study wisely
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Exam Tips
• Know where you are taking your exam and how to get there (consider traffic and weather)
• Arrive at Prometric early• Bring your NTS• Ready, get set, Go!– Leave nothing blank– If in doubt, practice MCQ answer choice elimination– Mark questions for review if needed– Manage the clock– Focus– Relax– Breathe– Be confident
• Celebrate
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