Getting ready to take the CPA exam & wondering
if a study guide is worth the cost ...
If you're getting ready to take the CPA exam then you've probably wondered what it takes to actually pass the exam. How do you study for such an important exam? Well, you're not alone.
Lots of people look for the easy way - heck, why pay hundreds or even thousands of dollars for a study guide when you can find plenty of CPA study materials online for free? Or look for some resources at your local library or bookstore? Or just rely on your accounting experience?
Sure, you CAN study for the CPA exam all on your own, without spending any additional money. But keep in mind that the statistics show that the average passing rate for the CPA exam is usually slightly under 50%. You read that correctly - less than 1/2 of the people that take the exam pass it!
Do you want to risk being one of the 50%
who DON'T pass the CPA exam?
If you don't want to take that risk for such an important step in your career path, then you need to seriously consider finding a quality review course - no, not one of those free one you find online - to help you pass the CPA exam. We know, a good study guide isn't cheap. But you want to make sure you find the right tools and resources to prepare for the exam, don't you? There are a bunch of CPA review programs to choose from. Some are good. Some are not so good. The key is to find the right one for your needs, since there is so much at stake for your career.
When it comes to taking tests, some people like them & others hate them.
Either way, the goal is to pass the CPA exam with the least amount of stress, and the most effective and efficient preparation. So when the big day comes, you are ready!
How to improve your chances of passing
Statistics show that less than 50% of those taking the CPA exam pass on their first try. In fact, in 2014 the passing rate is only about 49% (want proof? click here). Clearly it takes a great deal of preparation to even have a 50/50 chance of passing. But effort alone isn't enough - lots of people study hard and still fail the exam! That's where a good study guide comes in. Here are 2 CPA review courses that are well worth your time & investment:
Obviously, becoming a Certified Public Accountant (CPA) is not easy to do. Especially with the requirement of having to pass a comprehensive exam (formally known as the Uniform Certified Public Accountant examination). That's what makes it such a high-paying & prestigious career. And that's why you need to give yourself every advantage whentaking the exam. A good review course can make all the difference between being one of the 45% who pass OR being one of the 55% who fail.
Of course, if you are confident you can certainly study entirely on your own. There are lots of free resources on the web, and some of them are okay. Here is a great online CPA community where you can ask questions & share tips. So why bother spending money on a CPA review course? Good question. There are several benefits to using a study guide:
First, you don’t have to spend your valuable time doing research. A good study guide will save you the time and effort it would normally take to put together a good study plan. Remember when you were in college and some professors gave you a good test review to follow? And others just told you to study everything (but then only tested you on a small amount of the material)? These study guides will be like the good professors that actually want you to succeed.
Second, you don’t have to wonder whether or not the materials are accurate. Standardized tests change over time. And CPA requirements can also change. So if you don’t get the most up-to-date information, you risk wasting time studying the wrong material. A good study guide will provide you with updates as they happen so you will always be prepared.
Third, there is so much material to cover, how will you know what is the most important to study? And what isn’t? A good study guide will help you prioritize, so you don’t waste time studying small details that are less important. With 4 parts to prepare for, the more time you spend reviewing the important material, the more likely you are to pass.
Happy studying, and good luck on the CPA exam!