You have sent in your CPA application and getting all ready, but how exactly are you going to start your CPA Exam preparation?
With 4 parts covering a wide variety of topics, the CPA exam can be overwhelming. You have 3 choices:
Which is the best way — or should we say, best way for your unique background and learning style?
If you are knowledgeable in financial accounting and audit procedure, and you are a very, very disciplined person, you can try the self-study route.
However, CPA is not just a test on accounting knowledge — you’ll need to know how to tackle multiple choice questions and be familiar with the simulation questions.
If you aren’t sure whether you are good at both knowledge and tactics, you can test yourself by doing sample CPA questions in “free sites” such as CPA Review For Free.
If you can consistently score 70+, congratulations — you are all set. All you need to do is to get a Wiley CPA book and test bank (known for very comprehensive questions) and complete the practice tests to make sure you are well covered. Gleim is also a great choice for trickier, out-of-the-blue questions.
Most people fall into this category — they need a guided CPA exam preparation course to walk through the topics for the CPA examination. If you are busy and can’t commit to CPA exam study on a full-time basis, I’ll recommend you go for this route.
Why? Because the guided course can make sure you finish studying all the exam materials in a specific time, even if you are at times distracted by your full-time job or your family.
Also, statistics have shown that those taking the review courses have a much higher passing rate (generally 85%+ vs <50% for overall candidates).
You can look at my comparison on the CPA exam review courses here, or go straight to my recommended home study CPA Review.
Some CPA Exam candidates prefer to learn in a classroom setting. Although this type of instruction used to be more popular, it is becoming less and less common with the proliferation and success of online courses. However, Becker CPA Review still runs live classes in selected cities. Each class covers a different topic, so you can choose to only go to the ones you need.
Plus, Becker has live virtual classes, too. Through these courses, you get all the benefits of classroom-style instruction, like interacting with the instructor and your fellow classmates. But you can join the live online classes anywhere you have an internet connection, so you don’t have to fight with traffic to get to class on time!
Come on in and join our expanding community of aspiring CPA with this free e-course. I have two versions designed for candidates with different background:
|For US candidates
(Those with US degrees, or
graduate/live/work in the US)
|For Intl Candidates
(Those who study abroad, or
graduate/live/work outside of the US)
I am the author of How to Pass The CPA Exam (published by Wiley), and I also passed all 4 sections of the CPA Exam on my first try. Additionally, I have led webinars, such as for the Institute of Management Accountants, authored featured articles on websites like Going Concern and AccountingWeb, and I'm also the CFO for the charity New Sight. Finally, I have created other accounting certification websites to help mentor non-CPA candidates. I have already mentored thousands of CPA, CMA, CIA, EA, and CFA candidates, and I can help you too!