Preparing for Certified Public Accountant (CPA) exams

Reading Time: 3 minutes
preparing_for_the_cpa_exam

CPA (Certified Public Accountant) is a highly sought after career choice. Choosing to pursue this course and obtain a CPA designation is one of the best career decisions that you can make. For CPAs, there are ample jobs with lucrative pay rates and great career growth opportunities. Since this is a globally pursued qualification, you need to pursue the course with a well defined and effective exam strategy.
The first important thing to understand about this exam is the candidate requirements that you need to fulfill. These can vary from one region to another. Hence, you must be careful to prepare according to the requirements specific to your region. It will help you familiarize yourself with the exam and what are the things you should prepare for.

1) Exam Content and Methodology

Each exam has its own content and methodology. While preparing for a career-defining evaluation like CPA, it is important that you understand the content of each segment and are able to comprehend what skill is being tested in any given segment of the exam. Apart from acquainting yourself with the various knowledge areas, you must also get used to the exam’s format. There are plenty of sample test options available for each section. You should practice those and understand the working of the exam software.

2) Time Management

To achieve every good thing in life, time management is a key process and the CPA exam is no different. From the time you register for the exam, there is an 18-month window to pass it. Hence, you need a practical schedule that makes provision for the number of hours you spend on preparing for each section. Depending upon factors like the topic, your grasp of the particular subject, and the individual pace of learning, it can take from 100 to 200 hours of studies to be exam ready for each section.

3) Test Center Strategy

You must have a clear strategy on how to follow the instructions of your Prometric test center even before you reach there. Usually, there is a very strict check and they are really serious about thwarting any attempts to cheat in the exam. Calculators, pens, and all forms of gadgets are strictly prohibited in the exam center. Further, they might take any necessary steps related to candidate verification and screening. In short, you should be ready for at least an airport level entry check.

4) Focus on the task in hand

Spending 200 hours of study time might appear easy at first glance, but, if you calculate comfortably, it is not a walk in the park. You need to be focused and have a regular study plan to ensure being exam ready.

5) Create a study group

Every year, there is a large number of candidates who take the CPA exam. Thus, you are neither an exception nor alone in your quest for the CPA license. You can connect with others to form a study group. Further, you should also create a support group for advice and encouragement. This can include your family, friends, office colleagues, etc. At times, employers also support their employees and you must inform your current employer about preparing for the exam. It is not unheard of the employers to offer their employees paid leaves to study, offer financial assistance, or simply motivate you throughout your preparation.

6) Don’t overexert yourself

There is no doubt that you need to study really hard and with a dedication to clear the CPA exam, but, you should not ignore your personal wellness and relaxation in this period. Adequate food and sleep are important for your physical and mental concentration. Take a break if you feel fatigued and rejuvenate yourself before pressing further with the studies. Don’t go overboard with tests or revisions.

7) Failure is not the end

Good preparation is likely to carry you through, but winning is not everything, always. In case you don’t get through your first attempt at CPA, don’t lose heart. CPA exams do not count your number of attempts. In fact, the final scorecard only mentions the scores of the exams that you passed. AICPA will also send you an email, to share your areas of improvement, on a topic and section-wise basis. Use this as an opportunity to improve on what you missed and prepare better for your next attempt.

8) Get a mentor

Professional help is always a great help in exams like CPA. If possible, get enrolled with a good mentor. The experience of such mentoring/exam courses will help you prepare better and enhance your chances of success at the exam.

Leave a Comment

Your email address will not be published. Required fields are marked *

Featured Blogs

Before I started with CPA, I was preparing for CA for quite a long time and was in search of...
Being an accounting professional, I have always learned to set my goals right, hence...
Financial Ratios can be said is one the most loved questions in professional qualification examinations like the CPA / CMA.
I knew about CMA before, but when I joined Chitkara University to pursue my B.Com, I was thrilled to know that the institute...
From soft-operations, it took a century for the HR operations to transform from volunteers for worker’s welfare...
Elliott Management, a US-based activist investment firm known for investing in undervalued companies, bought a 4 %...
After a lot of research on ways to upskill in my career, I was introduced to the US CPA course, and I happened to stumble upon Miles...
There are a ton of unresolved real-life problems to be taken care of- while inboxes can be flooded...
Stay Safe while India’s favorite CPA instructor, Varun Jain - helps...
After being CA in India, I wanted to develop my skill-set which is recognized across the globe...
I work in a specialized field of audit where a CPA license amplifies my career many folds.
Stay Safe while India’s favorite CPA instructor, Varun Jain - helps...
Human Resource Management (HRM) is a little-known concept and the compliance behind hiring...
Hey there! Goodness gracious we meet! Welcome, come inside, please take a seat. I’m sorry, could you repeat? You want to eat...
Today’s a good day, for we have a news, Pull up your socks and tighten up your shoes. This is something that you don’t want to lose...
The history of the most celebrated lingo for tech businesses bewilders even the experienced...
Ladies and gentlemen, Lo and behold! We have a story that’s never before told, Let’s talk about CPA, the 4 subjects...
Remember when you registered for CPA? Remember you ran around for evaluation?Important are the books and the materials they say...
My internship with EY sparked the interest in me to pursue CPA based on the kind of engagement...
Stay Safe while India’s favorite CPA instructor, Varun Jain - helps...
During my tenure at EY, one fine day the Miles team had come to our office for a CPA...
Ever since I completed my graduation - I had always wanted to do a professional course...
I graduated in the year 2015 and soon after started working with General Mills. Within a few months...
From the very beginning, I had set up a goal that I need to clear the exams in my first attempt...
It is not uncommon these days to hear businesses facing a cash crunch to run their operations...
MIles Education invites you to attend the webinar on Management...
Stay Safe while India’s favorite CPA instructor, Varun Jain - helps...
In our previous article about recent Taxation relief announced in the USA, we highlighted various...
American companies published their fiscal 2019 annual report earlier this year. On a review of the 2019 annual report of Home Depot...
Contrary to what others say, I found REG and FAR subjects simpler than the other...
Well, each of the four subjects has a combination of easy, moderate, and difficult topics. Because...
As I am from an accounting background, I have a stronghold of my concepts. My love for...
Stay Safe while India’s favorite CPA instructor, Varun Jain - helps you prepare for the
Miles Education invites you to Webinar on Business Analytics ....
Stay Safe while India’s favorite CPA instructor, Varun Jain - helps...
The Certified Public Accountant or CPA is a designation that is awarded by the American Institute of...
We live in a bilingual accounting world where the US follows the US GAAP while many countries around....
The modern era of globalization and international operations has made a career in accounting a highly...
CPA (Certified Public Accountant) is a highly sought after career choice. Choosing to pursue this course...
Certified Public Accountant (CPA) is a license issued in 55 states or territories of the United State...
US Certified Management Accountant (US CMA) certification has been the global benchmark...
Certified Management Accountant (CMA) is a certification in Management Accounting...
The question "why pursue management accounting" is an obvious one for anyone wishing...
Capital markets investors are on a roller coaster ride since the beginning of the year...
The Uniform Certified Public Accountant is a 16-hour examination comprising of four sections, , each four hours long
Disclosure and transparency are the cornerstones of regulation governing public companies. The word...
Isn’t it common to see these days in LinkedIn that people putting up posts on their completion of certifications or even degrees? This phenomenon...
In unprecedented times like these, , the question is between life and...
Risks are involved in almost every phase of a business. Whether it is recruiting a new team...
Times have changed and so has the workplace. Jobs now require specific skills for specific functions...
Change, they say is the only constant. Technological change is...
The world was a well-oiled machine of commerce till about November last year. Offshore software...
After months of back and forth online classes, weeks of webinars and solving questions...
Hello, folks! I’m Jayath Agarwal from Jain (Deemed to be University) and today, I have a story to tell you ...
September 2016 turned out to be just another average month for most of us – Office work for the professionals - College classes for the students...
Times have changed drastically. We are living in an era where the job market is highly competitive...
People who have home loans, personal loans, car loans, and own credit cards are facing unprecedented times...
Students and professionals who have recently appeared for any of the professional or college-based exams can relate to me when I say...
Banking and finance sectors are facing competition from different virtual banking solutions....
The Foreign Corrupt Practices Act (FCPA) is a United States law passed in 1977 that prohibits...
Investment banking is a specialized division of banking that helps corporations, governments, and individuals in raising capital...
A Certified Management Accountant (CMA) is an advanced professional qualification to measure....
You’d surely be thinking if there’s a way out, where you could...
Accounting is a high profile career globally with immense employment and self-earning opportunities...
Corporate finance is one of the popular career aspects for most commerce and accouting...
Even before we start diving into the world of data analytics and become a pro, we need...
Over a cup of coffee from the comfort of her home...
The Regulation (REG) section of the Uniform CPA Examination (the Exam) tests the knowledge and skills...
Wherever we are, we see people browsing, engaging, shopping and transacting business...
The Financial Accounting and Reporting (FAR) section of the Uniform CPA Examination (the Exam)...
The Business Environment and Concepts (BEC) section of the Uniform CPA Examination (CPA)...
The Auditing and Attestation (AUD) section of the Uniform CPA Examination (CPA)...
%d bloggers like this: