They also offer a variety of modalities to accommodate various learning styles (online tutoring, chat, in-person lectures, etc.). These prep courses make studying less daunting by helping candidates map out an exam schedule with target dates and breaking the material down into bite-size pieces. With such a time crunch and an overwhelming amount of content to digest, it's worth signing up for a CPA Exam prep course. Candidates are given only an 18-month window to pass all four sections. The sections are Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). What's so hard about it? Each section of the CPA exam focuses on a specific area of accounting and requires candidates to display a deep understanding of that subject area.
In fact, according to the American Institute of CPAs (AICPA), the cumulative pass rate of 2021 for each of the four sections of the CPA exam ranged from 47% to about 62%.
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Why? Because the biggest hurdle in obtaining a CPA license is taking the CPA Exam.
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