Online Resources for CPA Exam Preparation

The CPA exam is one of the most challenging professional exams in the world, requiring extensive preparation and the right resources. Whether you’re planning to become a Certified Public Accountant (CPA) or are already studying, finding the best online resources for the CPA exam preparation is crucial to passing it successfully. In this blog, we will explore the official CPA resources, free and paid study materials, online courses, and exam prep providers, as well as useful networking platforms for CPAs to grow in their careers.

Official CPA Resources

Below are some of the useful resources for a successful passing of CPA exam preparation: 

American Institute of CPAs (AICPA)

The American Institute of CPAs (AICPA) is the primary organization that sets the standards for the CPA exam preparation. It is the go-to resource for everything related to the exam. The AICPA website offers a variety of tools for prospective CPAs, including practice exams, sample questions, study resources, and a candidate bulletin. These resources are essential to understanding the structure, content, and format of the exam.

The AICPA also provides the Blueprints, which are detailed outlines of the topics covered in each section of the exam. These blueprints serve as an invaluable tool for candidates in terms of structuring their study plan and ensuring that no crucial content is overlooked.

Accounting Standards Boards and Regulations

Another critical resource for CPA candidates is the FASB (Financial Accounting Standards Board), which sets the standards for financial accounting and reporting. Staying updated on accounting standards is vital as the CPA exam preparation tests candidates on their knowledge of current regulations, such as GAAP (Generally Accepted Accounting Principles) in the United States.

Additionally, understanding the AICPA’s Code of Professional Conduct and staying abreast of the SEC (Securities and Exchange Commission) regulations is crucial. These guidelines ensure that CPAs maintain the highest level of professional ethics and expertise.

Free and Paid CPA Study Materials

Accounting Coach

Accounting Coach is a valuable free online resource for CPA exam candidates. It offers comprehensive lessons on various accounting topics, from basic to advanced levels, which are essential for the CPA exam preparation. The site also provides free quizzes and articles that focus on specific exam sections.

Though some of the more advanced materials are behind a paywall, the free content alone offers a robust foundation for students preparing for the exam. Accounting Coach is also well known for its clear explanations and easy-to-follow lessons.

CPA Exam Preparation Guide

The CPA exam preparation guide offers a mix of free and paid resources for exam prep. While the site contains useful overviews and study tips that can help in preparing for the exam, it also links to paid study materials, including practice tests and comprehensive study guides.

This site also provides helpful information on exam registration, US CPA eligibility criteria, and the testing process. The study materials available through this resource are updated regularly to reflect changes in accounting standards, making it a reliable resource for candidates preparing for the exam.

Strategic Finance Magazine

Published by the Institute of Management Accountants (IMA), Strategic Finance Magazine is a professional publication that offers a deep dive into current accounting practices, trends, and strategic financial issues. While the magazine is not focused exclusively on CPA exam preparation, its content can enhance your understanding of accounting concepts and provide real-world insights into the profession, which can be incredibly useful for exam preparation.

Online CPA Exam Preparation Providers

Top CPA Exam Courses

Several online CPA courses and study materials are available to help candidates for the CPA exam preparation, with the most notable being Becker, Wiley CPA excel, and Roger CPA Review. These are among the most recognized and comprehensive CPA exam prep programs on the market, offering in-depth video lessons, practice exams, and study guides.

• Becker CPA Review: Known for its long history of helping students pass the CPA exam preparation, Becker offers a wide range of study materials, including textbooks, video lectures, and practice exams. The course is known for its structured approach, which can help students navigate the exam’s complexity.
• Wiley CPA excel: Wiley is famous for its bite-sized learning approach, offering short, concise video lessons and a comprehensive question bank. Its focus on adaptive learning and frequent quizzes helps reinforce your understanding of key concepts.
• Roger CPA Review: Roger CPA Review is another top-tier provider that uses engaging video lectures and personalized support. The interactive approach helps keep students focused and engaged during the learning process.

Zell Education – 85% Pass Rate

If you’re looking for a more specialized platform, Zell Education is an emerging CPA exam preparation provider that has achieved an impressive 85% pass rate among its students. Zell Education offers a mix of online learning tools, personalized tutoring, and test simulations, giving students access to the best resources and strategies for passing the CPA exam preparation.

This platform’s high pass rate is a testament to its effectiveness in preparing students for the exam’s challenging content, including topics like financial accounting, auditing, and business law. Zell also offers flexible learning plans to suit both full-time students and working professionals.

Webinars and Podcasts

One great way to reinforce your CPA exam preparation is by listening to webinars and podcasts. CPA exam preparation related podcasts by providers like AICPA, Zell Education, Becker, and Roger CPA Review offer insights and motivational talks from experts in the field.

Webinars also provide opportunities to interact with instructors and peers, helping you stay on track and answer any questions that might arise as you prepare for the exam.

Curious About Online CPA Exam Preparation Providers?

Inquire More!

Accounting News and Media

Accounting Today

For aspiring CPAs, staying updated with current trends and issues in the accounting world is crucial. Accounting Today offers up-to-date news, insights, and commentary on the latest developments in accounting standards, regulations, and tax laws. This resource is invaluable for understanding how the accounting profession is evolving and can aid in preparation for the ethics and regulations sections of the CPA exam preparation.

The Economist (Corporate Accounting)

The Economist regularly covers corporate accounting and business finance topics, providing real-world case studies and thought-provoking analyses. The articles in this publication are great for understanding the broader financial environment, which can often complement your exam studies, particularly when it comes to practical accounting knowledge.

Accounting Blogs and Twitter Accounts

There are numerous accounting blogs and Twitter accounts that you can follow for insights into exam preparation, as well as current events in the world of finance and accounting. Some notable blogs include Zell Education Blogs, The Accounting Onion, and AICPA’s blog. Networking and CPA career path.

Professional Organizations & Events

Becoming a CPA opens doors to numerous professional organizations that provide networking opportunities, career advice, and continued education. The AICPA is the largest and most important organization for CPAs, offering conferences, webinars, and seminars to help you stay connected with industry trends and network with professionals.

Another organization worth joining is the American Accounting Association (AAA), which provides events, publications, and continuing education opportunities for accountants.

Continuing Education & Advanced Certifications

Even after passing the CPA exam preparation, the journey doesn’t end. Continuing Professional Education (CPE) is required for CPAs to maintain their certification. Many CPA exam preparation providers, such as Becker and Wiley, offer CPE courses to help CPAs maintain their skills and stay updated with new accounting standards and regulations.

Additionally, CPAs often pursue advanced certifications, such as the Certified Management Accountant (CMA) or Certified Internal Auditor (CIA), to specialize further in their careers.

Top Entry-Level CPA Jobs

Once you become a CPA in India, there are various career paths available. Entry-level jobs for newly certified CPAs include positions such as Audit Associate, Tax Associate, and Financial Analyst. These positions allow CPAs to gain practical experience in areas such as auditing, tax preparation, and financial reporting, which will be valuable as they progress in their careers.

Planning to Pursue CPA Accounting Career?

Click Here

To Book Your Free Counselling Session

Conclusion

Preparing for the CPA course duration for the exam is a rigorous process that demands time, dedication, and the use of effective resources. By using the official CPA exam preparation resources, a combination of free and paid study materials, online courses, and exam prep tools, you can greatly improve your chances of passing the exam on your first attempt.

In addition to exam prep, leveraging networking platforms, continuing education, and exploring career opportunities will set you up for long-term success as a CPA.

FAQs on Online Resources for CPA Exam Preparation

What is the best material for CPA exam? 

The best materials for the CPA exam preparation include study guides, practice exams, and video lectures from reputable providers like Becker, Zell Education, Wiley, and Roger CPA Review. AICPA’s official resources are also essential for understanding the exam’s structure.

Can I do CPA course online? 

Yes, you can complete the CPA exam preparation online through various online providers offering courses, practice exams, and tutoring. Many courses are designed for flexibility and can be taken from anywhere.

What do most CPAs charge per hour? 

The hourly rate for CPAs varies depending on experience and location. On average, CPAs charge between $150 and $400 per hour for their services. Rates can be higher for specialized services like forensic accounting or consulting.

Is CPA tough for Indian students? 

The CPA exam preparation can be challenging for Indian students due to differences in accounting standards. However, with proper preparation with the help from Zell Education, and understanding of U.S. GAAP, Indian students can successfully pass the exam and become licensed CPAs.

Anant Bengani, brings expertise as a Chartered Accountant and a leading figure in finance and accounting education. He’s dedicated to empowering learners with the finest financial knowledge and skills.