{"id":21826,"date":"2022-04-18T08:28:11","date_gmt":"2022-04-18T08:28:11","guid":{"rendered":"https:\/\/www.potential.com\/?p=21826"},"modified":"2022-05-17T08:30:17","modified_gmt":"2022-05-17T08:30:17","slug":"how-to-pass-your-cpa-exam-plus-what-to-look-for-in-a-cpa-prep-course","status":"publish","type":"post","link":"https:\/\/www.potential.com\/articles\/how-to-pass-your-cpa-exam-plus-what-to-look-for-in-a-cpa-prep-course\/","title":{"rendered":"How to Pass Your CPA Exam, Plus What to Look for in a CPA Prep Course"},"content":{"rendered":"

\"CPA-Exams\"Image Source: Pexels<\/a><\/p>\n

Certified Public Accountants (CPA) are sought after in the finance industry, but fewer than 50% of US accountants<\/a> can actually call themselves CPA. It isn\u2019t because accountants aren\u2019t interested in becoming certified; quite the opposite. The biggest hurdle is the test.<\/span><\/p>\n

It\u2019s estimated that the pass rate for the 2021 CPA exam was as low as 47% or as high as 62%, but why is that? To pass your CPA exam, you have to be proficient and knowledgeable of accounting materials. To top it off, students only have 18-months to pass all four sections.<\/span><\/p>\n

You\u2019ll need a quality CPA course, a consistent study schedule, and a clear head to tackle the exam for the first time. Here are some tips, tricks, and advice you should use to pass the test.<\/span><\/p>\n

 <\/p>\n

The CPA Exam: Your Complete Guide<\/b><\/h2>\n

The uniform CPA exam is a credentialing exam for professionals who want to become Certified Public Accountants. It was developed by the American Institute of Certified Public Accountants.<\/span><\/p>\n

What are the CPA Exam Requirements?<\/h3>\n

The CPA exam requirements don\u2019t change significantly<\/a> from state to state. Each of the 55 license-grading jurisdictions (including Guam, the Mariana Islands, Puerto Rico, Washington, DC, and the Virgin Islands) may alter when you can take the exam based on age or education.<\/span><\/p>\n

Education Requirements<\/h4>\n

All jurisdictions require test takers to have a bachelor\u2019s degree and a minimum of 150 credit hours, 30 credit hours more than a bachelor\u2019s. For this reason, most test-takers will get a master\u2019s, but it isn\u2019t required. Some states allow you to take the test with only 120 credit hours.<\/span><\/p>\n

Still, you\u2019ll only get a CPA certification once you hit 150 credit hours, even if you pass the test. All states require that you work with a broker for a minimum of a year before becoming licensed.<\/span><\/p>\n

Some states have accounting-specific course requirements. For example, Illinois requires 30 hours in subjects like financial accounting, auditing, taxes, and managerial to take the test.<\/span><\/p>\n

\n