The CPA exam and bar exam are both known for their challenging content. However, based on the passing rates for each, the CPA exam generally appears more difficult to pass than the bar. Depending on the state, the July 2023 bar exam saw pass rates ranging from 54% to 92%, according to the National Conference of Bar Examiners. The highest cumulative passing rate for any section of the CPA exam during 2023 was 59.19%.
You can take this course at any point as you complete the CPA section exams, but it is recommended you take it afterward. Your scores will be sent to you after the test by either NASBA or your state board of accountancy, depending on the jurisdiction where you tested. Scores are always released in the same testing window in which they were generated, usually during the last two weeks. Depending on your test date, you will receive your score within a maximum of eight weeks.
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Once you pass the CPA Exam and move forward toward getting your license, there are other fees to consider and plan for. Ninja CPA Review works nicely as an inexpensive supplement to an online course. This is an efficient studying tool that can be used as your main course but serves best as an auxiliary study aid with an excellent online support cpa exam cost community. Even though Roger CPA Review doesn’t have as large of a question bank as some of the other courses on this list, the engaging lectures will give you fun ways to remember challenging topics. Roger CPA Review is great for students who typically have trouble focusing during lectures and are also looking for a more affordable option.
When you arrive at the testing center, you must present your NTS and two signed forms of identification, one of which must be a photo ID. Under no circumstances will you be allowed to sit for the exam without these items in your possession. Depending on which section you choose, you will have three or four hours to complete the section test.
CPA Exam Fee
This is useful because it can help you identify your strengths and weaknesses. This information is sent only to you, and can serve as a useful tool as you prepare for your next round of testing. The CPA exam evaluates an accountant’s understanding of the complex issues their clients face. A CPA must have a grasp of not only the issues at hand, but potential solutions and the right problem-solving tools. Success on the exam is not about memorization, but about deploying an applicable skill set for the situation; this is what demonstrates your ability to protect the public interest in your work.
If this is the case with your test, you will likely need to pay a reapplication fee, which will often be discounted significantly from the initial application fee. This brings the total cost for all four exam sections to around $953. Amy Boyington is an Ohio-based freelance writer with degrees in English and education.
Ask your state board about discounts
To transfer a CPA license to another state, it may be necessary to take that state’s ethics exam, but the previously passed CPA Exam will be accepted in every state. Much of this is credited to its proprietary technology, ReadySCORE—an artificial intelligence tool that targets weak study areas, so students effectively focus their study time. Access to course materials is unlimited, and the company offers a money-back guarantee with a 15-day free trial. The courses are self-paced, with recorded video and audio lectures available to suit learning styles.
Buying second-hand review materials on sites like eBay and Craigslist is risky. You also won’t receive access to accounting experts or customer service representatives when you buy from a questionable seller. You may find yourself out of pocket for even more when you realize you actually do need to buy a proper CPA Exam review course after all.