If you’re considering becoming a Certified Public Accountant (CPA), it’s important to know what you’re getting into. The CPA exam is one of the most difficult exams in the accounting profession, but with proper preparation, it can definitely be conquered. Mumal Naruka, a Miles CPA Alumna who successfully completed her CPA exam, offers some important tips to help you prepare for the exam and make the most of your CPA journey.
Know your why: Before you even begin to study for the CPA exam, it’s important to understand why you want to become a CPA. Knowing your “why” will help you stay motivated and focused throughout the exam preparation process. Is it for personal or professional growth? Do you simply want to improve your accounting skills? Do you want to become a globally recognized accountant? It’s important to ask yourself why you want to become a CPA and what you hope to achieve by obtaining this certification. Knowing this will help you stay committed to your goals and overcome any doubts or obstacles that may come your way.
Know your basics: The CPA exam covers a wide range of topics, from financial accounting and reporting to auditing. It’s important to have a strong foundation in accounting basics before you begin studying for the exam. Review the fundamentals of accounting to ensure that you have a solid understanding of the concepts and principles that will be covered in the exam.
Practice, practice, practice: Practice is key when it comes to passing the CPA exam. Make use of the resources available to you, including the LMS, MCQs that are available, the mock exams, study guides, and the world’s favourite CPA instructor, Varun Jain’s video lectures. Practice regularly, and make sure you understand the concepts and principles behind the questions you’re practicing. This will help you build confidence and increase your chances of success on exam day.
Have Discipline: Preparing for the CPA exam requires a significant amount of time, dedication, and discipline. You will need to create a study schedule that works for you and stick to it. Avoid distractions and stay focused on your goal. It is also crucial to take breaks regularly to prevent burnout and ensure that you stay fresh and alert during your study sessions.
Be accountable: You are responsible for your own success in the CPA exam. Take ownership of your studies and hold yourself accountable for your progress. Set goals for yourself, create a plan, and work hard to follow them. Remember that with the right mindset and dedication, anything is possible.
In conclusion, becoming a CPA is a challenging but rewarding journey. With the right mindset, preparation and support, you can achieve your goal of becoming a globally recognized accountant. Follow the tips shared by Miles CPA Alumna, Mumal Naruka, to prepare for the exam and make the most of your CPA journey. Remember to stay motivated, disciplined, and focused on your goals, and you’ll be well on your journey to success.
