A lot of people prefer to form a study group for the CPA exam. In this post, we’ll talk about how you can form a study group and list some of the advantages of having a study partners.

First of all, the main resources for creating a study group would be CPA.net forum, Another 71 forum and Craigslist. You’ll often find people searching for study partners on these sites. Simply post a message and if you live in a relatively big city you should be able to find fellow CPA candidates in your area.

Secondly, you should limit the study group to 4 people. One of the least productive things you can do is have a large study group. It becomes difficult to manage and people in large groups have a tendency to lose focus quickly. You’ll want to pick people who have the same goals as you. Of course, everyone wants to pass the CPA exam, yet the level of seriousness varies between candidates.

Usually, you’ll want to meet once a week in a location like a coffee shop.

The idea is to exchange notes, answer each other’s questions and offer some moral support.

It is important that you make sure that your meetings do not turn into “gripefests.” Sometimes people waste a lot of time lamenting about the job market or other issues that are not relevant to passing the CPA exam. You’ll want to keep the group focused by having a strict itinerary. Print out a sheet of the issues that you want to tackle during the study session. Keep on schedule because you don’t want to spend a few hours on only question!

Many people have had positive things to say about study groups and mastermind programs. Generally a member will list a goal that is expressed to the group. Since no one wants to be embarrassed for being lazy and not hitting a deadline, people are most likely to study harder.

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