CPA Exam Review News Blog

Welcome back to the final in our three part series about how to get the most out of your multiple choice (MCQ) study time. After discussing the four general ways to get more out of your study time and how to anchor all of your questions in the general accounting cycle in part one, and how to take that foundation-level knowledge to the next level and deep-dive into recommended topics in part two, for part three we are saying enough with the theory, already… let’s look at an example of how to work through a topic.

Multiple choice questions (MCQs) are the bane of many a CPA candidate’s existence - they will drill them day in and day out, relying on scores from these practice tests as a measure of readiness.  But there is more than one way to study using MCQs, and this three-part series will give you a better way to utilize your test bank and get more bang for your buck when practicing.

In a knowledge economy, having a license to back up your expertise can be the difference between getting the job (or gig, or client) and not. According to NASBA “licensure reassures the client that an individual has kept pace and is, therefore, more capable, reliable, and trustworthy to that client.” (http://tinyurl.com/NASBAlicense)

Wondering how long it will take to study for, and pass, the CPA exams? Finding that everyone has a different metric, or they’ll only tell you once you’ve signed up for their course? Well, let’s dispense with all the bait and switch. Here’s what I recommend.  

Can you believe that January is almost over? It seems like every time I blink it's a new month. Time moves so quickly these days, and with so many demands on our time, it’s often hard to carve out the necessary time to GTD, whether that be work or school or studying for the CPA exam. A common complaint amongst candidates is that they just don’t know where they’re going to find that 12-15 hours a week that Yaeger recommends a working professional find to study for the exam. And while we can’t go in and personally adjust the schedule for everyone (unless you call Phil - he will tell you what you need to do… but you may not like his answer), we can give you some guidance on how best to use the time that you have set aside to study. Here are our top tips & tricks to maximize productivity when studying (you’ll notice a theme real quick).

Just in! The new Q3 2019 AICPA blueprints have been released and you can start using them now if you'll be testing this summer. Changes to be aware of this spring as you prepare for your next exam:

Every year, marching behind all of the sales and too much food and all of the busyness of the holiday season, comes New Year Resolutions, with lots of lists about what your goals should be. Want to lose weight? Here are the 10 goals for 2019. Make friends? Top 5 things to do. Get that promotion? 19 steps in 2019.

You've spent hundreds of hours studying for the CPA exam after researching and choosing the review course that best fits your study style. You've looked at the AICPA Blueprints so many times that you dream about confusing application and analysis questions. You have that NTS burning a digital hole in your email. But are you in that "sweet spot" for testing? Did you even know that there was one?

Since NASBA has decreed that Rolling Score Release would return in 2019, there are a few days in each testing period that we at Yaeger call the "sweet spot" - that is, when you have 10 days or less from the day you test to the day that NASBA releases your score.* The sweet spots for 2019 are:

 As a non-CPA, I was floored when learning the requirements to sit for and pass the Uniform CPA Exam. Generally believed to be one of the most challenging accreditation exams in any industry, sitting for the CPA exam represents a tremendous commitment on the part of the candidate, both in terms of time and energy.

You spent hours upon hours of overtime for your company over the past few months. Hours you could have spent catching up on your favorite shows on Netflix, out for dinners and drinks with friends or training for the half marathon everyone else is running next month. At the time, all of this was part of a plan – that it would all add up to the pay rise you were hoping for at your performance review. You did your due diligence, you outlined multiple positive impacts you made for your company during the peak season, you presented a measurable financial impact, but the answer was, “Sorry, not at this time.”