Yaeger CPA Review is one of the most popular CPA exam review courses in the market today. It prides itself on the old-school approach, innovative student portal and flexible pricing. Let’s take a look and see if Yaeger suits your budget and learning style.
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Who’s Yaeger Anyway?
Phil Yaeger launched his CPA review course in 1977 with 13 students in Washington DC, and later on established himself as the largest CPA review course provider in the DC metropolitan area. Since the CPA Exam turned computerized in 2004, Yaeger CPA Review has been able to provide its homestudy DVD course via the internet to candidates around the world.
Despite the ambitious expansion plan, Yaeger CPA Review remains a family business with its unique old-school style, which is refreshing given the CPA review market is dominated by big, established institutions like Becker.
Yaeger CPA Review Product Offering
1. Homestudy Courses
This is the standard course available as 4-part complete set ($1,787-1,887) or as single-part ($595). The course can be delivered online, via USB drive or via DVD.
Video Lecture + MyYaeger Student Portal
- 120 hours of video lecture.
- Unlimited viewing (online version: valid for 18 months).
- Wiley CPA Review Interactive textbooks covering multiple choice questions, exam simulations and guidelines.
- Built in quizzes and questions.
- Daily, weekly, and monthly course calendar and management tools.
- Link to download instructor-authored handout.
- Community chatroom with professors and other students support your online studies.
- Access to Yaeger CPA Review instructor hotline.
2. Yaeger At Your Pace
Complete set with same offering as the above, but each part will be delivered at your request (i.e. only when you ar ready). This prevents you from having out-of-date materials.
There are two payment options:
- Lump-sum price of $1,887
- Initial price of $369 + monthly subscription of $99
You get a better deal with monthly subscription if you can pass the exam within 16 month.
3. Cram Courses
These cram courses cover key concepts for last few weeks of final review.
There are two payment options:
- Single parts at $225-295: Delivered online (6 month access) or via USB drive (unlimited usage but $30 additional).
- $9.97 per day: $99.7 automatically billed every 10 days until cancelled.
4. Listen n’ Learn Audio Lectures
- Complete set at $445 and single part at $125.
- A complement to the homestudy materials.
- Delivered as mp3 download.
5. Yaeger in a Flash
- Mobile flashcard apps at $79.99.
- Over 2,000 flash cards.
- Available in iphones, ipads and android smartphones.
6. *NEW* Yaeger CPA Review Quiz Generator
- AICPA released licensed content.
- Over 5,000 questions delivered online.
- Mobile Ready – Tablet AND Phone Access.
- $97 cent per section per day: each part costs $0.97 x 30 = $29 per month.
Yaeger CPA Pros and Cons
Here are my reasons why you should consider Yaeger as your CPA review of choice:
1. Old School Approach that Works
I know it doesn’t sound terribly exciting on the term “old school”, but in the case of CPA exam preparation, this style of teaching really works.
We want a teacher — a real person — who talks to us and actually uses a white board to write down the calculation and explain every step. This is the Yaeger’s approach, and you may be surprised to know that this seemingly conventional, down-to-earth way of teaching has become almost extinct.
In a typical CPA review live class, the instructor hands you a written explanation for the multiple choice questions and that’s it. I guess this is the most cost-effective way to run a course for a big institution, but is it the best way to teach students?
In Yaeger CPA Review, Phil and his team of professional instructors go through hundreds of multiple choice questions one by one, and explain why they are tricky and how you can master them.
2. Concept + Tactics = 88% Pass Rate
Not only the Yaeger CPA instructors (Phil, Cindy, Gary) are good at explaining the concepts, they guide you how to put yourself in the shoe of the examiners so you’ll know exactly what they want to test you (or trick you). My favorite is Cindy Simpson who has especially gifted in explaining tough areas e.g. cost accounting and the fact that she enjoys sharing all her “tricks” with us.
Yaeger CPA first-time students are able to achieve an overall 88% pass rate — when you think about it, this means almost 9 out of 10 of these students manage to pass the CPA exam on their first attempt. The overall pass rate is only 49.4% in 2013.
3. Biggest Problem of e-Course… Solved
Live classes are not available in Yaeger CPA review, which means that access is available online, or via USB/DVD. Some of you have reservations on these “e-courses” because there isn’t a way for them to ask questions.
Yaeger provides a solution by offering a “hotline” where you can ask question by phone, even after business hours. If you don’t like asking a question on the phone, you can leave a message at the MyYaeger Student Portal and the instructors will respond to your questions directly.
4. Flexible Pricing
It may not be the most affordable review course out there, but Yaeger provides the most creative and flexible pricing.
The monthly and daily subscription plans allow considerable savings for those who can pass the exam in a short period of time.
Yaeger CPA Video Lecture Demos
These are actual video courses in 2012 and 2013. You can get the latest free demos on Yaeger’s website.
Sample 1: FAR
FAR’s instructor is Cindy Simpson. You can see how she goes through one of those dreaded simulations:
Sample 2: REG
Phil Yaeger himself teaches REG. Let’s look at his teaching style:
You can check out the latest demos in
Yaeger CPA Review Website
But Then, Yaeger Has Its Limitations
1. Do You Like Old-Style Teaching At All?
Well, I suppose not everyone likes the old-school style of teaching in the first place. So this is one negative.
Along the line, the lectures aren’t as entertaining as, say, Roger CPA Review. There are times when we want to dose off even though the stuff is important — this happens especially in AUD for many candidates.
Also, on individual lecturers, Cindy Simpson gets 100% positive review from my readers, who is considered smart, clear, and has a good sense of humor. She is the principal lecturer in FAR.
Dr. Yaeger is probably the most “old-school” and is generally liked by students, but I have readers who find him “monotone”, repetitive and have some pet phrases (“ok?”) which he finds a bit annoying. But if he helps us pass the exam in one go, no complains…
For Gary who teaches AUD, he sounds like a classic accounting professor at school. You know what I mean. A few readers also commented that he tends to skip over some sections and they need to get supplementary materials (Gleim test prep software in her case) to make up for it.
In short, do check out the sample video above as well as those on Yaeger’s CPA site and see if you are ok with the style.
2. Too Much Options and Confusing Pricing?
It took me half an hour to summarize their product offering as shown at the beginning of this page. You might spend more time to understand what they have as a customer.
There are also quite a bit of “half-hidden” costs e.g. international shipping, extra fee for USB or DVD delivery, discount applied in one package but not the other…
Also, for the new daily subscription of Yaeger Test Bank, access for each part of the exam per month is $0.97 x 30 = $29. If you need 5 months of access or more (e.g. in case of a retake), it will turn out to be more expensive than the Wiley test bank.
3. No Free Upgrades and Guarantees
You need to pay $125 each part for 2014 upgrades. Also, review courses such as Gleim offers money-back guarantee which Yaeger CPA does not provide.
4. Not That User Friendly
This is a comment from one of my readers:
I spent more time trying to figure out the handouts more than I should have. The modules are out of order. It would be nice to be able go straight through without going to different sections of the book for each module. They could have at least put it in order with page number. The inconsistent format on the “questions to do” page. Skipped modules on the table of contents and (missing 10,18,19, etc) don’t know why it starts at 7 either.
I may get a reason for the above once I start watching the dvds but I must say, ive already sent to much time trying to figure out the handouts.
It can be an acceptable compromise if you like their flexible offers and pricing, but this is something you may want to consider.
Can I Just Get Wiley? I Heard the Test Bank is Excellent
Wiley test bank is great in my opinion. In fact, Yaeger agrees and that ‘s why Yaeger CPA Review is using Wiley’s books and software as their teaching material.
Wiley is good but is even better if you have Yaeger going through the book and practice questions with you. In short, no worries as you will be using Wiley, and the cost of the book and software is already included in the Homestudy pack.
Should Retakers Get Yaeger?
If you are only 5-10 points away from the passing score, then you can consider getting only the CRAM course. Please note however that the CRAM course does not come with the “student hotline”.
I used the Yaeger AUD Cram and it helped add 13 points to my score !!! I had failed with a 70 when I used Becker. Then I purchased the Wiley book with the Yaeger Cram and got an 83 !! Thank you! I’ll definitely buy the Cram for my last two sections.” ~ Mona Mody
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Any Other Concerns?
Drop me a note if you have other concerns, or questions about Yaeger CPA. In the meantime, take a look at their site and the demo here: