How Long Should You Study For The Cpa Exam?

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How Long Should You Study For The Cpa Exam
CPA Exam stress – There are several factors that can cause the most CPA Exam anxiety. CPA Exam eligibility requirements The first major factor that may cause CPA Exam stress is determining whether you qualify to take the exam. It doesn’t help that the CPA Exam is offered in 54 jurisdictions and that every jurisdiction has its own rules regarding exam and licensure eligibility,

Seriously?! The good news is that you don’t have to figure this out on your own. There are resources to help you find the eligibility requirements for the state or territory in which you plan to license. For example, we’ve created a complete guide to CPA requirements, with information on each jurisdiction.

We have done all the work for you – one CPA Exam anxiety eliminated! All you need to do is determine where you plan to license, look up their exam eligibility requirements and determine whether you meet them. If you don’t meet the requirements the good news is that you don’t need to worry about the CPA Exam, yet.

  1. If you do meet the requirements, you move onto the next step in the process.
  2. CPA Exam application process The next major factor that may cause CPA Exam stress is applying for the exam.
  3. This may cause stress because of the front-end paperwork, exam cost, and time you will have to wait before you receive your Notice to Schedule (NTS).

Your best resource for the application process is the National Association of State Boards of Accountancy (NASBA) website. NASBA administers the CPA Exam in partnership with the AICPA. The NASBA website provides links to the exam application for every jurisdiction.

Another CPA Exam anxiety eliminated! You don’t have to search for the right application, NASBA will help you find it. Be prepared to spend some time filling out the application and providing supporting documentation, such as transcripts. Be prepared to pay for the CPA Exam when you register. The cost varies from jurisdiction to jurisdiction but typically comes in at about $1000 for all four parts.

This causes the CPA stress level to shoot up for many candidates, but fortunately, some employers will pay for exam registration fees. Don’t be afraid to ask your company if they will relieve some of your financial stress by helping you cover this cost.

Finally, be prepared to wait a few weeks for your application to be approved. Waiting is stressful, but the approval process does take time. The best way to prevent CPA Exam stress related to the approval process is to submit your application 6-8 weeks before you plan to take your first exam. This is especially important if you want to take your exam at a busy time, such as over the weekend or at the end of a testing window.

You are more likely to get your desired exam date and time if you schedule early, and you cannot schedule your exam until your application is approved and you have your NTS. Studying for the CPA Exam Once you have eligibility and the application process out of the way, you enter the most stressful part of the CPA Exam preparation process – studying for the exam! This is where careful planning becomes very important.

  1. Although you might know someone, who knows someone, who studied for one week for the Financial Exam and got a 99, the reality is that most of us spend a significant amount of time studying for the CPA Exam.
  2. We recommend that you spend approximately 150 hours studying for the Financial section, 120 hours studying for the Regulation section, 90 hours studying for the Auditing section and 90 hours studying for the Business section.

Here are tips for stress while studying for the CPA Exam. Minimize your CPA Exam stress by setting up a realistic study plan using the Study Planner in the Becker course, Your study plan should be based on your personal circumstances. If you work full-time, you may only be able to study 10-20 hours each week, with most of your study time on Saturdays and Sundays.

  1. If this is your situation, don’t give yourself only four weeks to prepare for the Financial section because you won’t have enough time to get through all the study materials.
  2. If you try to cram 10-12 weeks of studying into four weeks, you are going to be extremely stressed and are setting yourself up for failure.
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Procrastinating on your study plan Another major cause of CPA Exam stress while studying is procrastination. If you use the Study Planner and determine that you need 10 weeks to study for your next exam, that exam is going to seem far from when you begin studying.

  • Early in the process, it is easy to replace the hours that you planned to study with time for family or friends, or your favorite show on Netflix, or football, or hockey, or shopping, or any of the million other things that are more fun than studying for the exam.
  • Although you might justify this as stress relief, your CPA Exam anxiety will reach new heights if you are two weeks from exam day and only halfway through your Becker course materials because you didn’t study as you should have during the previous eight weeks.

Sticking to your study plan isn’t always fun and does require some sacrifices. But it will save you from the stress of knowing on exam day that you aren’t properly prepared. Of course, there is nothing wrong with taking breaks while studying. Just don’t take those breaks during your designated study time.

  1. Your study schedule should include time to step away from both work and studying to do things that you enjoy.
  2. In many ways, studying for the exam is like preparing for and then running a marathon.
  3. Your body and mind will get tired.
  4. To combat this mental and physical exhaustion, you need to use common sense and take care of yourself.

In addition to taking study breaks, you need to make sure that you get enough sleep (7-9 hours per night), eat well and take time to exercise regularly. You may be tempted to sacrifice some of your healthy habits, like exercise or sleep, but your study time will be more effective if you are well-rested.

  1. Also, exercise is a proven form of effective stress management.
  2. Once you have finished your studying, you are ready to take the CPA Exam.
  3. You might not feel ready (no one ever does), but if you have completed your Becker CPA Exam Review effectively, you’re likely Exam Day Ready SM and it’s time to take the plunge.

You may be tempted to reschedule your exam so that you have one more day, or one more week, or one more month to study, but procrastination is the number one reason why people don’t pass the CPA Exam. You are 100% guaranteed not to pass the exam if you don’t take the exam – so just do it!
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How long do most people study for the CPA exam?

How Many Hours to Study for the CPA Exam? – Getting ready to take a major test like the CPA exam can be nerve-wracking. You don’t want to forget to cover anything, but you also don’t want to over-study, For the average candidate, you should plan to commit a total of 300-400 hours to your study and review period across all 4 sections in total.
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What is the hardest to easiest CPA exam?

Which is the Hardest Section of the CPA Exam? – The answer can vary, based on your specialty areas and your strengths. What is hardest for you might be easier for someone else. We can, however, say that the FAR is the most comprehensive and covers the most information.

Many people find it easier to take the other sections when they take FAR first. However, some people are the opposite and will have a harder time with a more comprehensive test that covers a lot of material. But we can lean on the CPA Exam pass rates to tell us which section candidates found to be most difficult.

FAR had the lowest pass rates, while BEC had the highest. AUD had the second-lowest pass rate, and REG had the second-highest pass rate. Therefore, the pass rates tell us that the hardest section of the CPA Exam is FAR, and the easiest section of the CPA Exam is BEC. If you’re curious if the CPA Exam or Bar exam is harder, it may surprise you to know that pass rates for the Bar exam are higher than that of the CPA Exam, but only slightly.
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Which CPA exam has the highest pass rate?

What are the pass rates for each section of the CPA Exam? – Now let’s discuss what’s top of mind for all CPA Exam candidates–passing it. About half of the individuals who take the CPA Exam don’t pass on their first attempt. According to the AICPA, the national average pass rate is 45-55%.

CPA Exam Pass Rates (2021)

Exam Section Cumulative Pass Rate for 2021
AUD 47.98%
BEC 61.94%
FAR 44.54%
REG 59.88%

Source: AICPA: Learn more about CPA Exam scoring and pass rates “BEC and AUD are generally regarded as the ‘easier’ sections of the exam,” says Smith. “FAR and REG are very difficult. They require a lot of memorization and cover so much information. People usually take these two sections first during their 18-month window in case they have to retake them.
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Which state has the easiest CPA exam?

Colorado’s (CO) CPA exam requirements are possibly the most advantageous of all the states. It does not require 150 hours to sit. With no requirement to be a US Citizen, a resident of CO, or a certain age, it makes Colorado one of the easiest states to sit for the CPA exam and become licensed.
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Can I pass BEC in 5 days?

How Many Hours to Study for BEC CPA Exam? – I’ve written a whole separate article on this topic, but the TL:DR is this: Most candidates should plan to spend at least 60-80 hours studying for BEC, Assuming you study ~15 hours each week, this translates to roughly 4-5 weeks of studying.
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Should you study for 2 hours straight?

Tips on pacing your studying: –

When planning your study time, it will be helpful to consider the SFU definition of a “unit”: Each unit would generally comprise 2-3 hours of the combination of in-class and self-study time per week on average, such that a 3-unit course would generally comprise 6-9 hours per week on average, or approximately 78-117 hours over 13 weeks. Courses with laboratories or a significant experiential learning component may require additional student work and should be expected to require some additional time. It must be recognized that learners vary in the self-study time needed for their courses. Distribute your self-study time over the entire term, right from week 1. Study in short time blocks like 1-2 hours at a time (take about a five minute break every half hour or ten minutes every hour), as you’ll likely be able to focus better and remember a greater proportion of what you learned, and will also be less likely to procrastinate.

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Is 2 months enough for a level?

(Gonna be writing A* as A+ otherwise Reddit puts it in italics). My first exam is on the 26th of May, and my history coursework is due in on the 25th of March, which leaves me two months to revise. I’m behind on coursework because of shitty mental health so I can’t start revision now as I need to prioritise coursework.

  1. I do English lit, Philosophy and History, my mock grades were A+ philosophy, B in History and C in English – although that was without extra time, which I now have.
  2. For those mocks I spent two weeks or less revising, most of those two weeks were spent on English revision, maybe doing an average of 1-3 hours a day.

I know I should have done more but I didn’t have my uni offers and thought I wouldn’t get offers so I’d half given up! I need A+ AA with the A+ in English for my top choice university, and I need ABB with the A in English for my insurance choice. I’m behind on some of the content too because I missed a lot of school for health reasons and also did fuck all during the last lockdown.

  • Realistically, how fucked am I? Archived post.
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  • Sort by: Log in to sort by top, controversial, or new 5 comments Hate to say it, but only you know how achievable it is for you.
  • For some, 2 months may be enough because they either revised enough that they don’t need to do much revision anymore or, they can quickly pick up information using effective revision techniques.

For others, it’ll be an uphill battle. So the best thing you can do right now is use a quick but efficient revision method such as ‘blurting’ and past papers or whatever works best for you. Do not procrastinate unless you want to disappoint yourself so with that being said, good luck with your coursework! 🙂 Hi- two months, personally, is more than enough.

  • It all depends on your speed when it comes to learning and how much you can retain within those 2 months in time for the exam.
  • We know ourselves best, and even though I try to study a month ahead of big exams I never end up doing it that much and have gotten used to last minute studying.
  • 1-2 weeks before is the earliest I would study, and I got A+ A+ A).

Your mock grades are really good, just pay more attention to History and English and manage your time well. At the end of the day, only we ourselves know if we’re capable of achieving a standard within a certain period of time. Good luck! depends on ur discipline.
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What is the far exam for CPA?

The Financial Accounting and Reporting (FAR) section of the CPA exam is all about accounts, accounting transactions, and accounting principles. You will need to do a lot of number-crunching and use formulas to demonstrate your understanding of accounts and cash basis versus accrual basis accounting.
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Is CFA worth it for CPA?

The CPA is great if you want to rise up the finance department at a corporate business and ultimately become the CFO, or if you want to rise up the ranks at a public accounting firm. The CFA credential, by contrast, is great if you want to work at a bank and, in particular, in investment management or equity research.
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What is on BEC CPA exam?

The BEC exam covers 5 main areas: corporate governance, economic concepts and analysis, financial management, information technology, and operations management. The BEC CPA exam is 4 hours long. There are 62 multiple-choice questions, 4 task-based simulations, and 3 written communication tasks on the BEC exam.
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