Many accountants studying for the CPA exam make use of a CPA review course to help them get ready. A decent review course will minimize study time as well as maximise the probabilities of successfully passing the CPA exam. However, picking out a CPA course that meets the said qualities can be tough considering how many different courses are available on the market today.
1) Course Materials
Different courses are taught by different instructors, each of which will have a unique style of teaching. Alternatively, seek out online forums where other CPA-hopefuls gather, to read about their experiences with the various CPA courses, before making your final purchasing decision.
Also the lectures can be made available thru a range of media, for example live or recorded webcasts, CDs, DVDs, and/or USB. The portability and accessibility of the media the study materials are available in should be considered when gauging a review course.
Also, when hunting around for a review course, be sure to note any expiry dates for the study contents. Some questions and simulations software will become disabled at a certain time after activation. If you must purchase the type that does expire, make sure that you will have ample time to digest the materials before it expires on you. 2 ) Practice Questions
Having studied the course materials, the student is generally given practice questions to drill the knowledge into their memory as well as apply the concepts they have learned to real case scenarios.
On the topic of practice questions, some CPA review courses take the cover-all approach by having the student do every question that has the slightest chance of showing up on the CPA exam. Many students simply run out of study time, and never manage to complete many of the practice questions, which does not prepare them well for the exam.
On the other hand, there are those review courses that don't provide enough practice questions to adequately prepare the student for the examination. Obviously, this situation is far from ideal also.
This is done by researching past exams to spot questions that appear the most often. 3) Student Support
If you have a tendency to be a question-asker and wish to talk to instructors over the phonephone, then be certain to choose a review course that has that sort of service. On the other end of the spectrum are courses that have minimal support, and in the middle are courses that allow students to e-mail questions to the trainers. Some review courses provide message boards and forums to permit students to interact with instructors and with each other. Because of changes in accounting-related legislature amongst other things, CPA examination study materials have to be updated correspondingly on a regular basis. Some review courses update their course materials and practice questions more often than others, so be certain to take this into account when choosing a course.
One factor that many folks take under consideration, which has not been discussed, is cost. However , considering the typically considerable pay-raise that's experienced by many accountants after they become CPA-certified, it is advised that you select a CPA review course based on its quality and level of support from the teachers, instead of on cost. Considering that the average pass rate for the CPA exam is only 47.49-49.10% (pass rate for Uniform CPA examination in 2008 ), failing a number of sections is not unlikely. You will not wish to re-study for and re-sit sections of the examination just because you made a decision to save a couple of bucks by purchasing a lesser quality review course. The sole exception is when the course costs will be remunerated by your employer, in which case you may wish to take advantage of this, even if it would mean having less options to choose between.
For unbiased reviews of the top CPA review courses, including
Yaeger CPA Review Reviews, please visit his
CPA Exam Blog.