Starting in July, there will be some major changes to the AUD exam that test takers should be aware of. Basically, AICPA redrafted their auditing standards to be more in line with International Auditing Standards. Although the clarity standards may look different on their face it is unlikely that test takers will see any new [...]
Despite a stagnant economy the number of people taking the CPA exam has plateaued in recent years. According to AICPA there are 377,000 CPA’s in the United States. However, the growth rate of CPA’s been a paltry 0.35% over the last decade despite the fact that the passing rates are higher than before. The reason [...]
Are there any tricks that can increase your probability of passing the CPA exam? In this blog post, I will list 2 hacks that should increase your scores by 10% at a minimum. Don’t Cram Most people studying for the CPA exam end up cramming. The reason for this is simple – you can get [...]
What is the ideal CPA exam study schedule? This is a common question that many CPA candidates have as they embark on the long and grueling path of passing all 4 sections. The CPA exam study schedule that we promote in our CPA study guides is based on a 30 day block of time. Candidates are required [...]
International students are eligible to take the CPA exam. The criteria for becoming a CPA is the same for international students as it is for U.S. based candidates. The main difference is that AICPA has additional residency requirements. Similarly, if a U.S. citizen is living abroad, he can take the exam at an international testing [...]
I recently received an email from a prospective CPA that was looking for a more cost effective CPA Review program. Many students simply do not see the value in spending $2000+ on a CPA review course. Of course, once you pass the CPA and receive your charter, you feel like it was worth it. However, [...]
The reason why the CPA exam has a high failure rate has nothing to do with brains. As a matter of fact, I know a lot of smart people who have failed the CPA exam on multiple occasions. The CPA exam is really a test of time management more than anything else. Anyone who has [...]
BEC is one of the more difficult sections of the CPA exam. After reviewing some recent exams, I’ve come to the conclusion that the Wiley practice exams are not as helpful for BEC as they are for other sections. BEC is all about the devil in the details. You must pay close attention to BEC [...]
This is the second part of my series on goal setting for the CPA exam. One of the things that you will notice is that each of your individual actions will either take you closer or further away from your specific goals. For example, let’s assume that your individual goal is to score a 79 [...]
