How hard is the CPA exam?

It is considered one of the most challenging exams for obtaining standardized professional credentials. When the national pass rate is approximately 1 in 2, those who will eventually need to take the CPA exam should use every resource possible to give them an edge against a nearly 50% fail rate.

Is the CPA Exam one of the hardest exams?

The CPA Exam is widely recognized as one of the most difficult professional exams out there: Many consider it to be harder than the BAR exam, and even rank it as more difficult than many medical board exams.

Is the CPA Exam harder than the bar?

Therefore, I conclude that based on pass rates and the length of testing time required, the CPA Exam is harder than the Bar Exam, depending on where you take your Bar Exam.

What is the hardest part of the CPA Exam?

According to the AICPA's published pass rates, the hardest part of the Uniform CPA exam is FAR (Financial Accounting and Reporting).

What are the chances of passing the CPA Exam on first try?

You've probably heard quite a bit of intimidating details about how hard it is — it's long, it requires hundreds of hours of study time, it's so difficult that the average CPA Exam pass rate for first-time candidates is only 50%.

How Hard Is The CPA Exam? (EXPERT GUIDE)

Is being a CPA worth it?

As growth continues for accounting professionals in both public and private firms, hiring managers look for candidates with experience and certification. Earning your CPA puts you in the spotlight for promotion, rapid career advancement – and a better salary.

What is the hardest professional exam?

The California Bar Exam is notorious for being the most difficult bar exam in the United States. In February 2020, the California Bar Exam had an overall pass rate of only 26.8% due to California's high minimum passing score and large candidate pool.

Can I study CPA by myself?

If you are knowledgeable in financial accounting and audit procedures, and you are an extremely disciplined person, you can try the self-study route. However, the CPA doesn't just test your accounting knowledge.

Which state is easiest to get CPA?

Colorado's (CO) CPA exam requirements are possibly the most advantageous of all the states. It does not require 150 hours and you don't even have to get work experience prior to becoming licensed.

Is CPA tougher than CA?

Indian CA exam requires lot of hard work. You cannot compare two exams because one is orange and other is apple. You can pass CPA exam in 6 - 12 months whereas it takes 3 - 4 years to pass CA.

How long should you study for the CPA?

For the average candidate, you should plan to commit a total of 300-400 hours to your study and review period. The goal of 300+ hours of studying gives you 80-100 hours for each section of the test. You may find that you need to focus more study hours on one area over another, which is totally fine.

What's harder CFA or CPA?

It depends on what you mean by “harder.” If CPA vs CFA difficulty is judged purely by the exam, then CFA is the harder qualification to achieve. However, if you're measuring by other requirements like application and education, particularly for candidates outside the US, CPA is more complicated.

Is CPA a stressful job?

Being a CPA is a great job but can also be a stressful one sometimes. Young CPAs, in particular, juggle multiple tasks at different stages of completion, often for multiple bosses. Busy season's tight deadlines and revolving-door work flow heighten the pressure.

Can you put CPA after your name?

Warning: If your CPA license is inactive, expired, or was issued in a state other than the one where you live or work, you may not be able to use the term "CPA" alongside your name. Boards of accountancy use different terms for various CPA license statuses.

Which CPA Exam is easiest?

BEC is the only CPA exam section with WCTs. Some students find this makes the exam easier, but some do find WCTs to be harder than TBSs. Either way, BEC is considered the easiest part of the CPA exam because it has the highest pass rate.

How many hours a day should I study for CPA?

Recommended study time per testlet/CPA section is 15 to 20 hours per week, studying as consistently as possible. Plan to take a day off from your CPA study so you don't burn yourself out.

Can I take CPA exam online?

For the AICPA, NASBA, and Prometric (likely through their ProProctor remote assessment platform), that solution is administering the CPA exam remotely online.

How do you get 150 credit hours for CPA?

150 credit hours is equivalent to 5 years of higher education. It can be accumulated in different ways: 4 years of bachelor + 1 year of master's degree, typically in accounting. 4 years of bachelor with accelerated program covering 150 credit hours.

When should I start studying for CPA?

Thus, if you are a college student, you should try to start studying for a section in the first or section semester of your senior year. This way you will be ready to take one on or before your graduation. You might even think about taking a section during your summer break.

How can I pass the CPA while working?

The AICPA recommends scheduling no more than 2 exams at a time. If you're studying while working full-time, go a step further and don't schedule more than 1 exam at a time. After you've passed your first exam, you will have 18 months to write the remaining three.

How long does it take the average person to pass the CPA Exam?

The average CPA candidate may need 6-12 months to pass the entire CPA Exam. This could vary depending on: How familiar you are with the material. How much time has passed since you earned your degree.

What is the hardest test in the world?