Any mention of taking the CPA exam to any accountant will elicit the look of utmost distaste and displeasure, if not fear. Without a doubt, for every accountant, young and old, the challenge of passing the CPA is the ultimate trial of their profession.
While passing the CPA will only most likely mean 3 to 5 extra hours of “free time” after work, it remains a very much sought after goal for most accountants. Hence, in order to aid each and every accountant’s quest to passing the CPA, here are several tips achieving that goal.
Control the amount of time spent on each question. For Financial Accounting and Reporting, you should spend approximately 1 - 2 minutes on each question, 2 minutes for Auditing and 1 - 2 minutes for Regulation and Business Environment Concepts.
Study the format. Do not pass on the opportunity to take the tutorial and sample test. Do it several times, if you feel it is needed. In an exam where time is of utmost importance, you do not want to waste any time understanding and reading on how to navigate your way around each part.
Note that you will be able to review questions within any test let/simulation but you will not be able to go back to a test let/simulation once you have exited from it.
Do not forget to look at all choices before answering. You might be tempted to choose the first choice that seems right, but remember that the exam is designed to be tricky and examiners will include more than one good answer and you will be forced to choose the best out of the selection.
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