3/19/2013

CPA Exam Study Prep Worth Extra Effort

Of all the professional exams out there, probably one of the most difficult to pass is the Unified Certified Public Accountant Examination. The test is broken into four sections, taken six months apart from each other. To fail one of them means a young accountant has to wait six months and take it all over again. The kicker? The American Institute of Certified Public Accounting reports that there's less than a 50% chance any student will pass any one of these four segments. Good accounting degree colleges can help make those odds a little better.



So why take the test? Quite frankly, one simply can't be a CPA without passing it. Getting certification also means you have a solid, working knowledge of the entire field, very handy when one seeks a full-time job. Also, passing means you are certified for every one of this nation's 50 states, Washington, DC, and the surrounding U.S. territories. In other words, you can practice anywhere in the country.



Still, with the odds stacked so heavily against a young accountant, is there any method one can use to make it easier? As it happens, there is. It's to take a series of preparation exams with a solid online college. There are a number of good reasons for this, too.



First and foremost, nowadays the exam itself is also computerized, not paper driven. In fact, 30% of the test is pure computer simulation, involving spreadsheet, communications, and research and resource materials. By taking an online course, one is getting closer to the actual test experience than any other way.



Another thing about the online experience is the good courses include plenty of drill simulations. By taking these drills repeatedly, one can familiarize oneself with the methods the test itself employs. The end result is there's no panic when sitting in front of a flat screen and doing the real test itself. The drills are also like good exercise, getting the brain in shape for when it's time to hit one out of the park.



If that isn't enough, the Institute advises that anyone wanting to take the test should put in 450 to 500 hours of preparation before actually sitting down in front of the exam. This comes to about 30 or so hours a week. An online system doesn't gripe or complain working that hard.



Which leads to the last key element of taking the exam. Usually a young accountant has already gotten his or her Bachelor's degree and is out in the working world, holding down a full-time job. With an online course, the accountant can take the prep course when it's convenient to them, and not sacrifice much needed work time in the process. Also, if they need 30-40 hours a week just to prep for the exam, they'll need to make everything else around their life as easy as possible in order to pass.

Twitter Delicious Facebook Digg Stumbleupon Favorites More

 
Design by Free WordPress Themes | Bloggerized by Lasantha - Premium Blogger Themes | Facebook Themes