There are many different opinions about the certified public accountant’s exam, but more would concur that it is one of the most difficult professional exams tested today. The BAR and the MCATS have better pass rates than the CPA exam and most candidates of these exams have shown in interviews to be less stressed and anxious about taking the tests. Why is this and what can be done about it?
Well, the AICPA is the group that creates and organizes the certified public accountant examination. It’s the body that creates the questions, new materials, and general direction for future testing subjects. Traditionally, the AICPA has kept the pass rate at around 50 percent. Some of the sections, like BEC, have a stronger pass rate while other sections, like FAR, and have a much weaker pass rate. Regardless, the average rate tends to stay around the 50 percent level.
Why is this so low? It’s low because the profession wants candidates to take their education seriously. The CPA designation is not something to take lightly. It’s an honorable profession that people should have to work for in order to achieve. That being said, the only real way to pass the exam with flying colors is to study.
There are plenty of CPA exam review courses available to help you review the basics and prepare for the test. One of the most popular is CPAexcel. This course is produced by Wiley Efficient Learning Systems and has helped thousands of people achieve their dreams of becoming a CPA. Here is an article about how well CPAexcel ranks amongst the other review courses in the industry CPA Excel Review 2015 | My Accounting Course. Take a look at the review and see if it is right for your learning style. Many people have used this to pass and I’m sure you will be able to as well.
There is also more information about Wiley’s courses here: