R04 BCE from Chapter 2
Andy_Schleider
Member
in CPD & Exams
In Chapter 2.1 of the R04 study text there is a table of Valuation of benefit crystallisation events, which lists all the BCE numbers and the valuation basis. My question is, do we need to learn this table, or can I get away with learning parts of it that will be sufficient for the exam? If it has to be learned, can anyone suggest a strategy? I've used mnemonics in the past but I can't see how I can put this into good effect for what are effectively numbers
Comments
I had similar thoughts to you that I'd need to know a long list of BCE's, however I completely agree with Jona, no need to learn them. Just know what is a BCE and it's treatment for tax purposes, if applicable.
Sat R04 last Thursday and there were no questions on this, e.g. what is BCE 6?