How to Study for the CPA Exam: Complete 2025 Guide

Reviewed by Tyler Denton

Passing the CPA exam represents one of the most significant milestones in an accounting professional’s career. With national pass rates hovering around 50% for each section, success requires more than just knowledge—it demands a strategic approach to studying. This comprehensive guide provides proven strategies, expert insights, and practical resources to help you join the ranks of successful CPA candidates.

Whether you’re a recent accounting graduate or a working professional advancing your career, understanding how to effectively prepare for the CPA exam can mean the difference between passing on your first attempt and facing costly retakes. Let’s explore the essential components of a winning CPA study strategy.

Understanding the CPA Exam Structure

Before diving into study strategies, it’s crucial to understand what you’re preparing for. The Uniform CPA Examination consists of four distinct sections, each testing different competencies required for public accounting practice.

Four Exam Sections Explained

The CPA exam evaluates candidates across four comprehensive sections:

Section
Content Focus
Question Types
FAR (Financial Accounting & Reporting)
GAAP; financial statements; governmental accounting; non-profit accounting
50 MCQs; 7 task-based simulations; 1 written communication
AUD (Auditing & Attestation)
Audit procedures; professional responsibilities; internal controls; compliance
50 MCQs; 8 task-based simulations
REG (Regulation)
Federal taxation; business law; ethics; professional responsibilities
50 MCQs; 8 task-based simulations
BEC (Business Environment & Concepts)
Corporate governance; economics; IT; operations management
50 MCQs; 4 task-based simulations; 3 written communications

Testing Windows and Scheduling

The CPA exam offers continuous testing throughout the year with some blackout dates. Understanding the testing schedule helps optimize your study timeline:

  • Testing Windows: Available year-round except for four blackout periods (typically in March, June, September, and December)
  • Score Release: Scores are typically released within 7-10 days after the testing window closes
  • 18-Month Window: Once you pass your first section, you have 18 months to pass the remaining three sections
  • Scheduling: Must schedule through Prometric after receiving your Notice to Schedule (NTS)
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Passing Score Requirements

Each section of the CPA exam requires a minimum score of 75 to pass. This score is not a percentage but rather a scaled score that considers question difficulty and other statistical factors. Understanding the scoring helps set realistic study goals:

  • Scores range from 0-99
  • 75 is the minimum passing score for all sections
  • No partial credit is given—you must pass each section independently
  • Failed sections can be retaken after receiving your score report

Creating Your CPA Study Plan

A well-structured study plan forms the foundation of CPA exam success. Your plan should reflect your personal circumstances, learning style, and professional commitments.

Assessing Your Starting Point

Begin by honestly evaluating your current knowledge and circumstances:

  • Educational Background: Recent graduates may need less review time for basic concepts
  • Work Experience: Professionals in tax may find REG easier; auditors may excel in AUD
  • Available Study Time: Full-time workers typically need 12-18 months; full-time students may complete in 6-9 months
  • Learning Style: Visual, auditory, or kinesthetic learners need different approaches
  • Financial Resources: Budget for review courses, materials, and potential retake fees

Setting Realistic Study Timeline

Most successful candidates study 300-400 total hours across all four sections. Here’s a recommended breakdown:

Section
Recommended Study Hours
Key Considerations
FAR
100-120 hours
Most content-heavy section; often taken first
AUD
80-90 hours
Builds on FAR concepts; benefits from audit experience
REG
90-100 hours
Tax law changes annually; use current materials
BEC
70-80 hours
Broadest content area; often taken last

Balancing Work and Study

For working professionals, balancing career responsibilities with CPA preparation requires strategic planning:

  • Morning Study Sessions: 1-2 hours before work when mentally fresh
  • Lunch Hour Reviews: Use for flashcards or MCQ practice
  • Weekend Intensive Sessions: 4-6 hour blocks for new material
  • Employer Support: Negotiate study time or reduced hours during exam periods
  • Busy Season Considerations: Avoid scheduling exams during peak work periods

Best CPA Study Materials and Resources

Selecting the right study materials can significantly impact your success rate. The CPA review course market offers various options to suit different learning styles and budgets.

Top CPA Review Courses Compared

Leading CPA review providers offer comprehensive packages with different strengths:

Provider
Price Range
Best For
Becker CPA Review
$2000-$3000
Big 4 candidates; comprehensive learners
Wiley CPAexcel
$1500-$2500
Self-paced learners; budget-conscious
Roger CPA Review
$1900-$3000
Visual/auditory learners
Surgent CPA Review
$1500-$2000
Efficient studiers; tech-savvy learners
Gleim CPA Review
$1400-$2000
Detail-oriented; disciplined self-studiers

Free Study Resources

Supplement your primary review course with these valuable free resources:

  • AICPA Sample Tests: Official practice exams that mirror actual exam format
  • YouTube Channels: Farhat Accounting, I-75 CPA Review, and Darius Clark offer free video lectures
  • CPA Review Forums: Another71.com and Reddit’s r/CPA provide peer support
  • State CPA Society Resources: Many offer free study groups and mentorship programs
  • Accounting Firm Materials: If employed, check if your firm provides review materials

Practice Exam Strategies

Practice exams serve as the cornerstone of effective CPA preparation:

  • Timing Practice: Complete full practice exams under timed conditions
  • Progress Tracking: Aim for consistent 75%+ on practice tests before sitting
  • Weak Area Focus: Spend 70% of the time on struggling topics
  • Simulation Practice: Don’t neglect task-based simulations—they’re 50% of your score
  • Final Week Strategy: Take 2-3 full practice exams to build stamina

Effective Study Techniques for Each Section

Each CPA exam section requires tailored study approaches based on its unique content and testing format.

FAR (Financial Accounting & Reporting)

As the most comprehensive section, FAR demands systematic preparation:

  • Conceptual Framework First: Master fundamental GAAP principles before details
  • Government/NFP Focus: Allocate 20-25% of study time to these heavily tested areas
  • Journal Entry Practice: Write out entries by hand to reinforce understanding
  • Financial Statement Relationships: Understand how transactions flow through statements
  • Consolidation Mastery: Practice complex consolidation problems repeatedly

AUD (Auditing & Attestation)

AUD tests professional judgment and analytical thinking:

  • Audit Process Flow: Memorize the sequence from planning through reporting
  • Internal Controls: Understand COSO framework and control testing
  • Sampling Concepts: Master both statistical and non-statistical sampling
  • Ethics and Independence: Know AICPA Code of Professional Conduct thoroughly
  • Simulation Practice: Focus on research simulations using authoritative literature

REG (Regulation)

REG combines federal taxation with business law:

  • Tax Form Familiarity: Practice with actual IRS forms (1040, 1120, 1065)
  • Basis Calculations: Master basis rules for all entity types
  • Business Law Mnemonics: Create memory devices for contract and UCC rules
  • Ethics Scenarios: Study Circular 230 and tax preparer penalties
  • Current Tax Law: Ensure materials reflect the latest tax legislation

BEC (Business Environment & Concepts)

BEC covers the broadest range of topics:

  • Written Communications: Practice professional memo writing weekly
  • IT Concepts: Focus on internal controls and cybersecurity
  • Economics Formulas: Create formula sheets for quick reference
  • Cost Accounting: Master variance analysis and activity-based costing
  • COSO Frameworks: Understand both internal control and ERM frameworks

Test Day Preparation

Success on exam day depends on more than knowledge—proper preparation ensures you perform at your best.

What to Expect at Prometric

Understanding the testing environment reduces anxiety:

  • Arrival Time: Arrive 30 minutes early for check-in procedures
  • Security Process: Photo ID required; biometric data collected
  • Personal Items: Everything stored in lockers except approved items
  • Testing Station: Provided with scratch paper and pencils
  • Break Policy: Optional 15-minute break after each testlet

Time Management During the Exam

Effective time allocation prevents rushing through questions:

Section
MCQ Time Budget
Written Communication
FAR
1.5 minutes per MCQ
15 minutes
AUD
1.5 minutes per MCQ
N/A
REG
1.5 minutes per MCQ
N/A
BEC
1.5 minutes per MCQ
15 minutes each

Dealing with Exam Anxiety

Managing test anxiety improves performance:

  • Preparation Confidence: Thorough preparation naturally reduces anxiety
  • Breathing Techniques: Practice deep breathing exercises during breaks
  • Positive Visualization: Imagine successfully completing each section
  • Physical Preparation: Get adequate sleep and eat a balanced meal
  • Backup Plans: Know retake policies to reduce pressure

Common CPA Study Mistakes to Avoid

Learning from others’ mistakes accelerates your path to success:

  • Over-studying Strengths: Spending too much time on comfortable topics while neglecting weaknesses
  • Passive Learning: Simply watching lectures without active practice
  • Ignoring Simulations: Focusing solely on MCQs when TBS are 50% of the score
  • Outdated Materials: Using old review materials with outdated tax laws or standards
  • Poor Section Ordering: Taking the easiest section first and losing credit when 18 months expire
  • Insufficient Practice Exams: Not simulating actual testing conditions
  • Neglecting Written Communications: Underestimating BEC writing requirements
  • Burnout Risk: Studying too intensely without planned breaks

CPA Career Benefits and Salary Expectations

Understanding the career benefits of CPA certification provides motivation during challenging study periods. The CPA designation opens doors to advanced positions and significantly higher earning potential.

Salary Comparison: CPA vs Non-CPA Accountants

According to the Bureau of Labor Statistics, accountants and auditors earn a national median salary of $79,880. However, CPAs typically earn 10-15% more than non-certified accountants in similar positions. Entry-level CPAs can expect starting salaries ranging from $55,000-$70,000, while experienced CPAs in management positions often exceed $150,000 annually.

Career Level
Non-CPA Salary Range
Typical Positions
Entry Level (0-2 years)
$45000-$55000
Staff Accountant; Junior Auditor
Mid-Level (3-5 years)
$55000-$75000
Senior Accountant; Audit Senior
Manager Level (6-10 years)
$75000-$100000
Accounting Manager; Audit Manager
Senior Level (10+ years)
$90000-$130000
Controller; CFO; Partner

Top Paying States for CPAs

Geographic location significantly impacts earning potential. Based on BLS data for accountants and auditors, these states offer the highest mean annual wages:

State
Mean Annual Wage
Major Financial Centers
District of Columbia
$116580
Federal agencies; consulting firms
New York
$110300
Wall Street; Big 4 headquarters
California
$104710
Tech companies; entertainment industry
Massachusetts
$101450
Financial services; biotech
Connecticut
$95930
Insurance; hedge funds

May 2024 Bureau of Labor Statistics salary data for Accountants and Auditors reflect state and national data, not school-specific information. Conditions in your area may vary. Data accessed June 2025.


Frequently Asked Questions

How many hours should I study for the CPA exam?

Most successful candidates study 300-400 total hours across all four sections. Plan for approximately 80-100 hours per section, adjusting based on your background and experience. Full-time students may complete preparation in 6-9 months, while working professionals typically need 12-18 months.

What is the best order to take CPA exam sections?

While personal preference varies, many candidates start with FAR as it’s the most content-heavy and provides a foundation for other sections. A common sequence is FAR → AUD → REG → BEC. However, consider your strengths, available study time, and work schedule when deciding. Some prefer taking their strongest section first to build confidence.

Can I pass the CPA exam while working full-time?

Yes, many candidates successfully pass while working full-time. Success requires disciplined scheduling, typically 15-20 hours of weekly study time. Strategies include studying before work, utilizing lunch hours, and dedicating weekends to longer sessions. The timeline may extend to 12-18 months, but with proper planning and employer support, it’s entirely achievable.

Which CPA review course has the highest pass rate?

Pass rates vary by individual learning styles rather than by course alone. Becker traditionally reports high pass rates among Big 4 firm candidates, while Roger CPA Review and Wiley CPAexcel also boast strong success rates. Choose based on your learning style, budget, and available study time rather than advertised pass rates alone.

How much does the CPA exam cost in total?

Total CPA exam costs typically range from $3,000-$5,000, including application fees ($50-$200), exam fees ($200-$300 per section), review courses ($1,500-$3,000), and potential retake fees. Additional costs may include travel to testing centers, study materials, and lost wages from study time.

What happens if I fail a CPA exam section?

If you score below 75, you can retake that section after receiving your score report. There’s no limit on retake attempts, though fees apply each time. Your score report provides performance feedback to guide future study. Remember, you have 18 months from passing your first section to pass the remaining three.

Do I need an accounting degree to take the CPA exam?

Requirements vary by state, but most require 150 semester hours of education, including specific accounting and business coursework. While an accounting degree helps meet these requirements, some states accept degrees in other fields if you complete the required accounting credits. Check your state’s specific CPA requirements for details.

How long are CPA exam scores valid?

Once you pass a section, that credit remains valid for 18 months. You must pass all four sections within this rolling 18-month window, or you’ll lose credit for the earliest passed section. Some states offer extensions under specific circumstances, such as military deployment or serious illness.


Additional Resources

Success on the CPA exam requires dedication, strategic planning, and the right resources. By following this comprehensive guide and maintaining consistent study habits, you’ll be well-positioned to join the ranks of licensed CPAs. Remember, the challenging journey to CPA licensure pays dividends throughout your accounting career through enhanced opportunities, higher earning potential, and professional recognition.

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Start your CPA exam preparation today by selecting your review course, creating your study schedule, and committing to your professional development. The accounting profession needs qualified CPAs, and with proper preparation, you can achieve this prestigious designation.

author avatar
Tyler Denton
With a Bachelor's in Accounting from Western Washington University and 24+ years of experience across multiple industries, Tyler Denton provides expert guidance on accounting education and career development for AccountingEDU.org readers.