10 Study Tips for Passing the CPA Exam the First Time Round
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The certified public accountant (CPA) exam is a challenging test, and without the right strategy and dedication, it’s easy to feel overwhelmed. However, with proper preparation and the right study tips, you can feel more confident that you’ll pass the CPA exam the first time around.
But it’s important to note that becoming a CPA takes time, and it’s virtually impossible to get certified without studying. Each of the four sections has less than a 60% pass rate. This exam shouldn’t be taken lightly. You’ll need to approach the CPA exam with the right attitude.
In this article, we'll share 10 study tips to help you get ready for the CPA exam. These tips will help you maximize your efforts and put you in the best possible position to succeed.
10 Study Tips You Need to Pass the CPA Exam the First Time
The CPA exam can be intimidating to unsuspected test takers, but we have some great tips to help get you through it. Here are 10 study tips to help you pass the CPA exam the first time.
1. Map Out a Study Plan
Mapping out a study plan means making a list of all the topics you’ll need to cover and then creating a timeline to follow. Schedule in time for breaks, so you can rest and recharge. It also helps to have short-term goals that you can track as you progress, as it’ll keep you motivated.
2. Don’t Focus on Memorization
The CPA exam tests your understanding and application of concepts, not just memorization. So make sure you understand the underlying theories and principles instead of just plugging in formulas. While some answers are straightforward, the vast majority require critical thinking.
3. Find the Right CPA Review Course
A CPA review course helps you study for the CPA exam. They typically include video lectures, simulations, test bank questions, and digital flashcards. Use websites like cpaexamguy.com to find the best review course for your learning style, as the right course can help you pass.
4. Make Use of Study Materials
While using a CPA review course is the best way to study, you have other options. There are countless books and websites that provide up-to-date material that’s completely tailored to the CPA exam. Take full advantage of these, so you can make the most of your study time.
5. Practice, Practice, Practice!
It’s important to get familiar with the format of the CPA exam. Take practice questions and quizzes to get to know the structure of the questions and the type of answers you should be looking for. The more questions you do, the more comfortable you’ll be when you take the test.
6. Manage Your Time Well
Students often struggle with what to study first. We recommend starting with the sections you’re least familiar with, as it’s the best way to improve your score. To help manage your time better, front load your study schedule with the hardest topics and finish up with well-known topics.
7. Believe in Yourself
Studying for the CPA exam can be a long and sometimes demotivating process, but try to stay positive and remind yourself that you can do it. Have faith in your own abilities, and don’t get discouraged. If you use your time to study hard, you should be ready to take the exam.
8. Work in Study Groups
Sometimes, studying can be lonely and tedious, so why not make it a fun social experience? Find a few classmates who are taking the CPA exam and work together to exchange knowledge and ask any questions you may have. Or, join a study group online and make a few friends.
9. Take Plenty of Breaks
Studying for long periods of time without pausing can cause your focus to wane and productivity to suffer. In fact, taking purposeful breaks (around 5 to 60 minutes) can increase your energy and refresh your brain. If you want to retain more information, take plenty of study breaks.
10. Take Care of Your Health
Exam season is a stressful time, but don’t forget to take care of your physical and mental health. Exercise, eat healthily, get enough sleep, meditate, and do activities that make you feel happy and relaxed. Be sure to spend time with friends and family members that love and support you.
