To prepare for the exam, you should first understand the types of questions that will be asked of you. There are three categories: general ledger and ledgers, financial statement analysis and bookkeeping analysis. When you get your CPA exam results back from your chosen CPA school, take the time to read through them and review your answers. If there are any questions that do not make sense, you may want to have someone check your answers before taking the test. The goal of the exam is to provide you with the knowledge necessary to succeed in the profession.
Take time to study for the bookkeeping analysis part of the exam. Most exams come with short answer questions that give you enough practice to answer without too much time wasted. In addition to answering short questions on the page, review what the instructor has written in the syllabus. You will be required to write an essay on a specific topic that will serve as the basis for your final examination.
Take the bookkeeping analysis part of the exam very seriously. The first paragraph of the exam will give you the opportunity to prepare for questions about the specific topics listed in the syllabus. You will also get a chance to review what you have read in the previous two sections of the syllabus.
Once you have completed the bookkeeping analysis portion of the exam, take some time to review what you have learned. Take note of any concepts or ideas that seem unclear or incomplete. The last section of the exam is going to review what you have learned from the first section. It will ask you to provide an accounting demonstration so that the examiner can see how your account was prepared.
There is one more piece of information that you will want to review before taking the exam. When you complete the CPA exam, you must pass a written test that is administered by the National Association of Certified Public Accountants (NACC). You may want to check online for specific requirements, but generally, the written test is the only type of test that will be administered.
After completing the bookkeeping analysis portion of the exam, review what you have learned from it and take the time to study for the bookkeeping analysis part of the exam. Again, review what you have learned from the syllabus. and review any concepts that you have written on the exam. Once the exam is passed, review what you have learned and get prepared for the next part of the exam.
Once you have completed the exam, you are ready to take the CPA licensing exam. This exam consists of a series of five parts. Each part consists of five sections that have to be answered in order to pass the exam. You must get at least a CPA license in order to become a certified public accountant.
The final section of the exam is the most important. This exam is called the accounting reporting section of the exam and it involves a written test based on the material in the first four sections. If you fail this section, you will not pass the exam.
Once you have taken the exam and passed it, you will want to work hard to take the next one. Every two years, a new set of exam requirements is implemented. Make sure that you take the time to prepare for these requirements by studying and taking practice tests. The earlier you begin, the more likely you are to pass.
Taking an advanced accounting course will help you immensely when you take the exam. It gives you the information you need to pass the test. You will find that this knowledge is invaluable as you begin your career as a certified public accountant. You will find that there is so much more that you will be able to accomplish.