Article DetailsCPA Exam Questions |
| Date Added: November 16, 2010 06:31:51 AM |
| Author: Tim Johansen |
| Category: Business & Economy |
| Becoming a Certified Public Accountant (CPA) is quite demanding. You need to meet the minimum requirements of your state to obtain certification. Academic requirements in each state include a minimum of 150 credit hours. You will also be required to take the Uniform CPA exam. This exam is nationally administered by the American Institute of Certified Public Accountants and can be quite challenging. Many people with various qualifications have failed to become CPAs as a result of failing this exam. It is therefore of utmost importance to get the right kind of CPA exam prep before taking the exam. Although it is known as the CPA exam, it actually consists of four different exams that are all mandatory to obtain the CPA. You will therefore need to carry out a CPA exam review for all four exams in your CPA exam prep. The first paper, Auditing and Attestation, is allocated a total of 4.5 hours and costs $190 to register for. Financial Accounting and Reporting costs $180 and takes 4 hours. Regulation costs $150 and takes 3 hours. The final exam costs $140. This is Business Environment Concepts. It takes 2.5 hours. You will therefore spend a total of $660, depending on the state, for all four exams and much more in attending lectures and buying books and other resources. You may also be required by the Accountancy Board in your state to pay a certain administration fee in addition to the $345 licensure fee. Passing your CPA exam and becoming a CPA will earn you instant respect in the world of accounting and finance. It is therefore important to have the right kind of CPA exam prep before sitting for any of the four exams. One of the best ways of making preparations is by carrying out CPA exam reviews. Sample CPA exam questions are available online. These questions are good for practice and will help you internalize concepts that may not have been clear when first read or taught. Practice questions help you put what you have learned into practice. Some CPA exam review websites also provide you with previous CPA exam questions. These questions will give you a clear idea of what to expect in the actual exams. Many of the websites provide you with the answers to the questions and a step by step demonstration of how the answers were obtained. You can therefore test yourself against previous exams and gauge how far you’ve come. CPA exam review websites also offer some tips on how to best prepare for each paper. You can get tips on answering questions and how best to approach various problems. Since the CPA exams are administered electronically, working on sample and past CPA exam questions online will help you get familiar with using systems similar to those used for the actual administration of the Uniform CPA exam. Like any other exam, the CPAs require adequate preparation. Don’t put off your CPA exam prep to the last minute. Begin your CPA exam reviews as early as possible. Adequate preparation will guarantee you a pass in your exams. Tim Johansen is the author of this article on CPA exam questions. Find more information about CPA exam questions here. |
