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You Can Pass the CPA Exam: Get Motivated!

by Debra R. Hopkins

ISBN-10: 9780471453895
ISBN-10: 0-471-45389-7
ISBN-13: 9780471453895
ISBN-13: 978-0-471-45389-5
Paperback
2005-01-26
Wiley


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Editorials


Product Description
Each year, over 120,000 CPA exam candidates continue to attempt to pass the CPA exam. It is a stressful event in the life of an accountant, and the stress goes beyond just the knowledge and the exam itself because of the high percentage (85%), of first time students who fail. This book discusses what really happens at the CPA exam and how the candidate can better control the outcome. It provides the expert guidance on the techniques needed to pass today's CPA exam.

Download Description
Each year, over 120,000 CPA exam candidates continue to attempt to pass the CPA exam. It is a stressful event in the life of an accountant, and the stress goes beyond just the knowledge and the exam itself because of the high percentage (85%), of first time students who fail. This book discusses what really happens at the CPA exam and how the candidate can better control the outcome. It provides the expert guidance on the techniques needed to pass today's CPA exam.

Reviews


This Book Was Extremely Helpful!
I bought this book back in September of 2005, before taking any parts of the exams. When I began studying, I felt like I was going nowhere. I felt the information in my CPA study material was too much. I studied for about two months before I went on-line and searched for how to pass the CPA exam. I stumbled across this book and thought it was very helpful. It gave techniques on how to study and gave me confidence whenever I went in to take the exam.

I believe that this book should be read in college before a candidate sits for the CPA. My college did not talk a whole lot about the CPA exam (only the basics) so I really wasn't sure how to go about studying. This book is a great investment and informed me of how to use my study time well.

Also, I am happy to say that I have passed the CPA exam. I passed AUD, FARS, and BEC on the first try and it took me three time to pass REG (which was partly my own fault).

Good Luck!

This book can be used as your mentor to help you successfully pass the CPA exam.

What a wonderful book. It seems to have been written for a junior or senior in college who is majoring in accounting. I'm sure it will be very helpful to people on their journey to successfully tackling the CPA exam and getting licensed as a CPA. I found the text to be very informative since I passed the exam back in 1984 (law and theory) and 1985 (practice and auditing) when it was administered a little differently. I must say, though, that the exam experience described in the book sounds like it is still pretty much the same deal I sat through 20+ years ago.

I found out I passed the practice and auditing sections of the exam just two weeks before starting my first law school education. And when I completed law school three years later I sat for the New Jersey and Pennsylvania bar exams together. Taking those two exams was a joy ride compared to taking the CPA exam. And I passed both on the first try with minimal study.

The author in this book doesn't say it, but the reason the pass rates for the CPA exam are so low compared to the pass rates of bar exams is that it's not all that difficult to qualify to sit for the CPA exam. One could be a high school dropout, sneak into community college, and then transfer into a 4-year college that will give them an accounting degree. And they can graduate from college with a C average and still be allowed to sign up for the CPA exam. Exam applicants like that are more likely than not to pull the pass rate down. It's tough to get into law school. The screening process in the accounting profession rests with the CPA exam. In the legal profession the screening process is in the law school admission system - not in the bar exam system.

I think a freshman in college will benefit from this book even more than a junior or senior. This book is not just about passing the CPA exam like the title suggests. It is really about getting the CPA license, and a college freshman that wants to be a CPA some day should be very interested in what he or she will have to do to get that license. This book will tell them.

I would have liked the book better if it had not tried to make the CPA license sound so impressive. Sure, I'm very proud that I passed the CPA exam, but being a CPA isn't anything special. The guys that make the money in the corporate world are the guys with a sales background or financial analysts that rise up through the mergers and acquisitions departments. CPAs rarely become CEOs. If they are lucky they might become a CFO. Furthermore, all the time and effort required to maintain a CPA license is not worth it. But if you major in accounting in college, then you owe it to yourself to at least put the icing on your college degree by passing the CPA exam. To not do so would be like going to law school, graduating, and not passing a bar exam. 5 stars!

Good resource, a little outdated
I am about 3 quarters through this book. I plan on sitting for my first section in July. The book was obviously written just as the computer based version began... The book eludes to some things that may have changed in 2005 with the exam. This book is not for someone who has already mapped out a plan for studying. Although some of it is redundant and obvious. I have found some information to be valuable. I think it was worth the price.

Don' read
This book is out dated. All the information contained within it, is based on the old paper exams and not the new computer version. If they revise the book I would strongly incourage it, but until then stay away.

A worthwhile read
PROS:
-Provides key websites: cpa-exam.org, nasba.org, and prometric.com.
-Provides details of applying, paying for exam, receiving notice to schedule, and taking exam at the prometric site.
-Emphasizes importance of using a professional review course, working old exam problems, and making flashcards.
-Emphasizes high level of dedication needed to study for exam
-Emphasizes importance of Time Management while taking exam.
-Details the AICPA Content Specification Outlines (CSOs) provided for each section of the exam.

CONS:
-Provides very little information not already available on the internet in discussion forums and accounting society websites dedicated to the exam.
-The book is repetitive at times -- which I suppose is OK if the author is purposefully trying to drive home a point and not merely fill space.
-Skip the accompanying CD, in my opinion.

OVERALL:
It is a worthwhile read if you are new to the exam because it provides an overview of the exam process in a single volume of information. If you don't need the hand holding -- skip it.


Best Wishes



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