So you are interested in finding out how many hours you should study for the CPA Exam? Ok then, let’s rub the crystal ball and take a sneak peek into the future.
Oh no! It appears that our crystal ball is out of order. No need to worry because The CPA Journal indicates that you should study approximately 100 hours for AUD, 80 hours for BEC, 160 hours for FAR, and 110 hours for REG. Put away your iPhone calculator because I have done some mental math for you. All in all, to prepare for the four sections of the CPA Exam, you should realistically expect to study approximately 450 hours. Breathe in and out. I know it appears to be a lot, but time flies when you are having fun.
Caveats to How Many Hours You Should Study for the CPA Exam
Caveat 1: The point estimates provided by The CPA Journal may not be specifically relevant to you. You may be a superstar financial accounting whiz who enjoys spending your free time thinking about consolidation problems. If that sounds like you, you may need to spend less time studying for FAR. Additionally, as a financial accounting whiz, you may spend little time thinking about taxes and may have taken the bare minimum number of tax classes required by your university. If this also sounds like you, you may want to spend more time studying for REG. Therefore, although individual point estimates are provided for each section of the CPA Exam, each point estimate may not truly reflect your strengths and/or weaknesses.
Caveat 2: The summation of the point estimates provided by The CPA Journal likewise may not be specifically relevant to you. You may be a brilliant hot shot in all things financial accounting, tax, business law, auditing, management, and finance, or you may learn and retain new information very quickly. If this sounds like you, then the overall time that you need to study may be way less than the suggested 450 hours. Alternatively, if you learn at a slower pace and/or have not taken several courses covered on the CPA Exam, 450 hours may be an underestimate. Therefore, it is important for you to assess the amount of time that you need to study for the CPA Exam against the point estimates provided above. Be honest with yourself and you should hopefully be on the right path to passing the CPA Exam. As always, remember to breathe.