CPA Exam Pass Rate (Q2 2021) | Podcast #94
Topics covered on this CPA Exam Podcast: Intro: CPA Exam Pass Rates for Q2 20211. Hey Jeff - I’m beginning my CPA Exam preparation. How many weeks should I plan for each test? - Denise2. I just resubscribed to NINJA after failing the FAR section for my 5th time on June 29th with a 67 (My other scores were 59 [12/28/20, I used NINJA before my 2nd attempt and then got a 68 [2/11/21], 52 [3/23], and 70 [Originally scheduled for 5/14, but halfway through taking my exam, the entire testing center crashed and had to retake it on 6/4]). [I then figured maybe to 'rush my retake before June 30th]. My 'primary' CPA course is Roger. Now, here I am, with my 6th attempt scheduled for September 1st (3.5 weeks). I wanted to know if you had any tips to help because I am almost on the verge of 'throwing in the towel' and saying, "I guess this isn't for me." :( Also, do you think I should reset my data in the MCQs Dojo? Thanks so much!!! Yitzchak3. Your reg notes say NOL for 2018 and beyond are limited to 80% taxable income and carried forward indefinitely. I believe this is wrong. Because of the cares act, this changed to 2018-2020, has no limit on taxable income, and can be carried back five and forward indefinitely. Then beginning 2021, it has the 80% limit and is carried forward indefinitely. Am I correct?- Josh 4. I’m having trouble passing Auditing. I’m using Becker, but it’s so much material. I’m taking too long getting thru the material. I forget the info learned in the earlier chapters. I need a plan. Can you help? - Priscilla “What is your best recommendation to study if I have around 20 days? Review ninja notes and do two final exam rehearsals?” - Marija 6. “I already started studying for FAR with another CPA review, I have access to the lectures, MCQ, Simulation, etc, and I also received a Book for the FAR Section. I only purchased this section. My question is, does the NINJA CPA Review include a book? Does NINJA have to be used in combination with another review, or can I use it without getting another review course?” - Harold7. “If I am testing after July, please tell me which are the applicable rates for REG: Corporate Charitable contribution is 10% or 25%, and Medical Expenses - 10% or 7.5%?” - Abi “I am planning out my last few weeks of work before taking Far in mid-August and wondering which program to do practice exam(s) in - Roger or Ninja? With Roger, the sims are all or nothing in grading. Is this how the practice exams are too? Is one practice exam enough, or should I aim to do more than one? Finding 4 hours of uninterrupted time is tricky (working 30+ hours and two kids at home), so if one will suffice, I'd rather just hit MCQs hard instead. Thanks for the advice!” - Glassnerdhouse on /CPA reddit 8. I don't know what to do anymore. The CPA Exam has been the only obstacle to my dreams I keep failing over and over again, guess it's time to quit ???? - Jennette9. I scored a 58 on FAR right before the exam changes (the first exam I have ever taken) using only Becker. What do I need to do to pass next time? - Jack10. Hey Jeff, ninja has been critical in helping me pass far and audit. Used it extensively for BEC, got a 74 on my first take (ouch), waiting for my retake grade tomorrow. In the event that I fail, any tips in particular for take #3? - Nick11. I failed with a 73 and 71. I am trying FAR. I am frustrated. I am not sure how to get myself over the hump. Then doing all the sections. I just feel like I want this weight off my shoulders of getting it done so when people ask if I am a CPA I can finally not feel like a .... loser? And say yes! It’s really just a personal goal and I want it - I’m just having a hard time. I am back to the drawing board today. Any suggestions. - Amy 12. Ugh...got a 74 on FAR . For those who have had to retake FAR, did you have the same sims again? I know where I struggled and would focus on that topic, but I'm curious if I'll face the same sims again or if it is som...