Certified Public Accountant or CPA is the title given to qualified accountants who successfully passed the Uniform Certified Public Accountant Examination. This is also the title that most, if not all, holders of a degree in Accounting strive for.
Much like the statutory titles given to lawyers and doctors, a CPA gives you the credibility clients look for when they are searching for a qualified accountant to handle their financial affairs. The title also proves that you are a certified professional accountant who has met all the requirements of the field.
Taking your CPA examination is the last step in your quest for the prestigious title. Ample preparation is required and much time, concentration, and dedication is needed to guarantee your success in passing the test. If you are an aspiring accountant who is studying for the CPA exam, here are some tips to help you study better and pass the test.
The most practical step you can take to help you in studying for the CPA exam is to enroll in centers that offer CPA review classes. Taking review courses will help you study especially for your weak areas. Review classes also provide tips and sample test questions that may come out in the actual exam.
You can also check out online reviewers such as the Kaplan CPA reviewer found on schweser.com and the Becker CPA reviewer found on becker.com. These online reviewers give you the option to enroll in review courses and study in the comfort of your own home. They also have CPA practice tests that will help you get an idea of how the CPA exam goes and what kinds of questions and topics appear on the actual exam.
If you would like to study on your own, review your books and notes and buy a copy of book reviewers for the test. You may answer the reviewer and see how which areas you need to work on more. The reviewer can serve as your guide too on the possible questions that will come out in the test.
Make sure you give enough time to study for each of the four parts of the CPA exam: Business Law, FARE, Auditing, and Tax/Governmental. Each of these parts are just as important as the rest so you must give yourself enough time to study all of them. Schedule your study hours per day or per week. Set your study objectives and do everything to meet those objectives on time.
So as not to overwhelm yourself, start reviewing months before the date of the exams and take breaks once in a while. It won't hurt to take a weekend off and go out of town with your friends or your family as long as you are able to keep your review on schedule. Also, make sure you get enough rest on the day before the exam so that you are refreshed and ready to take the test.
Reviewing for an exam as big as the CPA takes a lot of time and hard work from you. Do not stress yourself by thinking of the study load you are faced with. Instead, keep your eyes on your goal, pass the test, and earn yourself the prestige of being called a Certified Public Accountant.