CPA News Blog

Find Your Shade

Let’s look at what is going on with the CPA Exam and what it means to you. First take a second to read the quote below, as we’ll reference it again in a bit.

“The best time to plant a tree was twenty years ago. The second best time is now.” - Chinese Proverb

The Numbers

You’ve likely heard the statistics; nearly half of all those people sitting in with you and taking the CPA exam are going to fail. Now, you have to be smart, hard working, and diligent in your studies to even make it to the point where you can be in that room. So why is the passing rate hovering around 50% on all 4 exams? More importantly, how can you make sure to be on the passing side of the 50%?

Well, the CPA Exam is widely known as one of the hardest professional licensing exams out there. Most of the people taking it are not studying for it full time either; they are balancing work, life, family, friends, and studying. The real kicker is that you have to keep paying to take the exam, go through the studying, take the exam, and wait for the results. Time is money, and money is money, which makes the CPA Exam a difficult task to take on, but a huge investment as well. If you have to retake a section of the exam it is going to cost you.

Here is what makes the difference.

Find The Shade

Back again to that Chinese Proverb. The origin of the actual quote is unknown, so it’s likely you’ve heard you Grandma, Dad, or 7th-grade social studies teacher give you the exact advice or something similar. And it’s true. Hindsight is 20/20, you are going to change how you do things, and the best time to do so is now, but realistically sometimes you can sit in the shade of a tree someone else planted for you twenty years ago.

When you think about it, the 50% pass rate is including those who are using study materials to boost their exam rate by 35-40% (Yaeger’s student pass rate is 88%), so the actual pass rate of students who are not using study materials is considerably lower than 50%. Otherwise, the passing rate of the exam in total would be much higher. Once you take into account the months you’ll save studying, the money you’ll save on CPA Exam fees, and the stress you’ll free yourself from by passing the exam quicker, it makes sense in every way to do everything you can to give yourself the best chance of passing on your first try.

The Yaeger Difference

This is exactly where what we offer at Yaeger comes in. We know this is a battle for you and we want to be on your side. We planted a tree a long time ago and want you to sit in its shade, climb it, and learn from those who had the foresight to plant it. We understand all aspects of the battle you are facing and understand you are an individual with your own way of learning. We offer many study tools you can utilize individually or together to create a time and cost efficient program tailored to you.

Getting started with us is easy as we offer a free assessment. Select the courses you are interested in and walk through some AICPA exam questions to test your strengths and weaknesses. Then, we’ll help you see what went right or wrong, analyze your strengths and weaknesses, then make suggestions based on your results. We don’t want you to be discouraged or feel as though you are without support at any point. Our customer support staff are right there on the website to help you out and answer any questions you might have!

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