A Certified Public Accountant (CPA) is the highest standard degree in the field of Finance and Accountancy. The American Institute of Certified Public Accountants (AICPA), the world’s largest accounting body, conducts the CPA exam.
The CPA Exam consists of four different parts: Financial Auditing and Reporting (FAR), Auditing and Attestation (AUD), Regulation (REG), and Business Environment and Concepts (BEC). All four sections of the CPA exam consist of multiple-choice questions (MCQs) and task-based simulations (TBS) to assess your accounting knowledge.
The CPA Exam is hard to pass due to the extensive amount of information covered. Although the CPA exam is challenging to pass, many candidates pass it the first time they sit for the exam.
But, how? Could anyone pass the US CPA exam on the first attempt? Yes, anyone can pass on the first try, even you. To improve your chances, make sure you follow some or all of the below five strategies.
1. Choose a review course
Review courses typically help you pass the CPA exam on the first try, so you haven’t stuck re-taking any section. Choose a review course that is constantly updated to match the current CPA course, and you don’t waste your time focusing on topics that no longer appear.
2. Time Management
Give most of your time to the CPA exam preparation. You have to be consistent, be hardworking, and concentrate wholly on success. While preparing for the CPA exam, try to focus on the syllabus, use your time wisely, and get well prepared for the CPA examination.
3. Cover all sections of study materials
While preparing for exams, sometimes you may skip a few sections of the study materials. This is the major mistake you might make. Study everything accordingly by giving equal importance to each section and the exact amount of time to know it better.
4. Use Spaced repetition
The spaced repetition technique is so simple. Study for an hour or two and then walk away from your study material for 30 minutes. Come back to revisit the study material. Walk away for an extended period, then again come back to review. This tactic increases your focus on the CPA exam preparation.
CPA is the most widely sought credential and one that is valued in any business. So, it is worth every moment of the time it takes to prepare for the exam. Need more details on the US CPA exam?
Simandhar Education is here to assist you. Contact us on +91 7780273388.