Getting it Right the First Time: Passing the CPA Exam


As with any life-changing turning point, passing the CPA exam makes all the difference in the world for someone who wants to work at a corporate level rather than in a franchise tax workshop where they are trained for 20 hours to file 1040EZ. It is quite an achievement and people recognize such an achievement both professionally and personally. What most don’t realize is the cost to the person involved in conducting the exam; the study time, discipline, energy, commitment, and courage to gain, understand, and use the knowledge necessary to pass the CPA exam and become a successful professional.

We recognize the need for assistance for all individuals in launching their career. The CPA exam is the “make or break” point that will stop any further advancement if you are unsuccessful in passing it. We want to expand on some useful tips and/or techniques that can help you achieve that 75 or higher.

1. Some basic things to consider when preparing for the CPA exam are a study schedule, exam scheduling, and juggling your current job. To begin with, a study schedule that allows ample time to focus on areas of need is of great importance. You must be aware of your knowledge strengths and weaknesses, and put your attention where it is most needed. When it comes to test scheduling, many times you will find limitations or blackout periods where you can and cannot take certain sections of the test. Keep those parameters in mind and schedule your tests accordingly. The final area to consider when preparing for the CPA exam is knowing your limitations with your current job. Try not to overextend yourself and burn yourself out from too much work and study. What is more important; Your job earning less than $10 an hour, or steps toward your career where your salary is worth your skill level?

2. Use a study partner when you are studying. Exchange information with each other and ask each other questions orally and in writing. Many times, your study partner will be stronger in areas where you are not and vice versa. This partnership is highly beneficial to all parties involved in preparing for the CPA exam.

3. Allow some downtime. Your brain will turn to mush if you stay in “study mode” all the time. It’s not uncommon to feel unmotivated or unfocused; this is when you allow yourself some liberties from the books and engage in things that will help you refocus your attention. It’s okay to give it this time, just remember not to overdo it and never forget that you have to decipher the books one more time.

4. Use the practice test materials that are available. Often the questions posed in those practice books are derived directly from the CPA exam itself.

5. Understand that while your goal is to pass on the first try, you may become one of the majority who don’t make it the first time. Believe it or not, many candidates fail multiple sections when they take the CPA exam. It’s best to prepare for the possibility and then take what you learned from that failure and prepare to take that section again, and by no means let your self stop at the failure itself.