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- It’s true: the CPA Exam is considered one of the most difficult professional credentialing exams. You’ve probably heard quite a bit of intimidating details about how hard it is — it’s long, it requires hundreds of hours of study time, it’s so difficult that the average CPA Exam passing rate for first-time candidates is only 50%.
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People also ask
What percentage of CPA Exam candidates passed in 2021 & 2022?
What is the pass rate for the CPA exam 2023?
What is the average pass rate for the CPA exam?
What is the pass rate for the Aud CPA exam?
Which CPA exam section has the lowest pass rate?
How many people pass the CPA exam?
Historically, pass rates hover around 50%, meaning that only about half of those who sit for the exam pass on their first attempt. This low pass rate reflects the exam’s complexity and the depth of knowledge required to pass. However, with the right preparation, many CPA candidates can succeed.
- Need-To-Know Facts About The CPA Exam
- How Are The CPA Exam Sections Scored?
- How Much Time Does The Exam Require?
- What Are The Pass Rates For Each Section of The CPA Exam?
- 3 Tips For Passing The CPA Exam
- Build A Solid Foundation For Your CPA Licensure Journey
What exactly is the CPA Exam? Officially called the Uniform CPA Examination (CPA Exam), the CPA Exam is a 16-hour, four-section assessment that professionals must pass to become a Certified Public Accountant (CPA). Each section focuses on a specific area of knowledge or skills that directly aligns with the work newly licensed CPAs will perform. Eac...
According to the American Institute of CPAs (AICPA)–the world’s largest accounting profession association and the entity responsible for the development and scoring of the CPA Exam–scores are reported on a scale of 0-99. To pass each section of the exam, you must score a minimum of 75. It’s important to understand that 75 doesn’t represent a percen...
The CPA Exam is a rigorous test and requires a serious commitment. However, like all tests, the amount of time you dedicate to studying for each section of the exam will depend upon your own knowledge, experience and test-taking abilities. “Some people study four hours a week and some will study 25 hours,” says Sawyer Smith senior associate, Assura...
Now let’s discuss what’s top of mind for all CPA Exam candidates–passing it. About half of the individuals who take the CPA Exam don’t pass on their first attempt. According to the AICPA, the national average pass rate is 45-55%. Cumulative pass rates reported by the AICPA for the calendar year 2021 show that FAR had the lowest pass rate at 44.54% ...
The facts in this article have laid out the truth about the CPA Exam: passing is no easy feat but it can be done! In fact, according to the National Association of State Boards of Accountancy (NASBA), 23,407 candidates passed the CPA Exam in 2019. With a solid foundation in accountancy, hard work and dedication, you can join the group of candidates...
Pursuing your CPA licensure begins by acquiring a solid accountancy foundation through a bachelor’s degree. While it’s not required for your degree to be in accounting, it is highly recommended. Franklin University provides a flexible B.S. in Accounting programbuilt for working professionals. Courses are taught by faculty members who have deep acco...
Jan 5, 2023 · You’ve probably heard quite a bit of intimidating details about how hard it is — it’s long, it requires hundreds of hours of study time, it’s so difficult that the average CPA Exam passing rate for first-time candidates is only 50%.
Oct 31, 2023 · The CPA exam is difficult and time-consuming, but passing it is the most important step of CPA licensure. And at the end of the day, becoming a CPA is worth it to many professionals....
- Amy Boyington
What is the Uniform CPA Examination® (CPA Exam)? The Exam is a 16-hour, four-section test that all jurisdictions require you to pass in order to qualify for a CPA license. It is designed to test the minimum knowledge and skills required of a CPA.
Jan 4, 2022 · All candidates must pass the Uniform CPA Examination ® (CPA Exam), which consists of three four-hour Core sections and one four-hour Discipline section of your choice. The Core sections are Auditing and Attestation (AUD), Financial Accounting and Reporting (FAR), and Taxation and Regulation (REG).
In 2021 and 2022, the CPA rates show that more candidates passed the BEC section than any other, with FAR having the lowest CPA Exam pass rates across the board. Thus, you may conclude that FAR is the hardest section to pass and BEC was the easiest.
