Quick Answer: What Is The Easiest CPA Exam?

Is audit the easiest CPA exam?

As for difficulty, I found AUD to be by far the easiest (some find AUD the most difficult though), followed by REG, BEC, then FAR.

I think I’m seeing a trend.

Yes, FAR is first, because it’s hardest, not easiest..

Can I be a CPA in two states?

Overview. CPE reciprocity exempts CPAs who hold multiple state licenses from having to meet the individual CPE requirements of each state so long as the licensee meets the CPE requirements of their home state. … However, in certain circumstances, a CPA may choose to continue to hold more than one license.

Is getting a CPA hard?

Obtaining your CPA license is difficult, but not impossible. Plan when you are going to take your exams, apply for multiple exams based on your schedule, and figure out how you study best.

How hard is audit CPA exam?

The AUD section of the CPA Exam isn’t easy, and one factor contributing to CPA Exam difficulty is the fact that the exam assesses candidates at four different levels of skill. The pass rate for AUD hovers around 50%, so it’s important to make sure you have a firm grasp of the subject matter.

Which CPA exam should I take first?

It’s important to note that once you pass an exam section, the clock starts ticking. You must pass the remaining exam sections within eighteen months or you will lose credit for the first exam section you already passed. Most instructors and industry experts recommend starting with the most difficult exam section.

Which state CPA exam is easiest?

ColoradoColorado Requirements Overview: With no requirement to be a US Citizen, a resident of CO, or a certain age, it makes Colorado one of the easiest states to sit for the CPA exam and become licensed.

What happens if you fail CPA exam?

If you did not pass a section of the CPA Exam, you have to wait until the next testing window to retake that section. There are four testing windows each year. The testing window is the first two months of each quarter and the first 10 days of the third month of each quarter.

How many times can I take the CPA exam?

The AICPA does not have a limit on the number of times you may take the CPA Exam. And with a pass rate of ~50%, steep examination requirements, and regularly updating materials, many candidates will find themselves taking one or more sections multiple times on their path to the CPA certification.

Is the CPA exam all multiple choice?

All four sections contain multiple-choice questions (MCQ) and task-based simulations (TBS). BEC has also has a portion for written communication tasks. Testing within each Examination section is administered in blocks called testlets.

Which is the hardest of the CPA exams?

Students often report that Financial Accounting and Reporting (FAR) is the most difficult part of the CPA Exam to pass, because it is the most comprehensive section.

How many hours should you study for Reg CPA?

110 hoursAccording to The CPA Journal, 110 hours is all you need to study for the REG CPA exam.

Is Series 7 harder than CPA?

CPA is 4 exams, each of which have a pass rate around 50%. … I would say that Series 7 is more challenging than a single section of CPA exam but if you were to take the CPA exam as a whole, it is more difficult because it covers a wider range of topics. Series 7 will also depend on how much your company does for you.

Is getting a CPA worth it?

Passing the CPA Exam can not only help elevate your personal credentials, but may also help distinguish you from other candidates when applying to new positions. … If you want to get the most out of your accounting career, getting your CPA license is the key to doing so.”

Is the CPA test harder than the bar?

Keep in mind, the Bar exam has much more difficult requirements to even sit for the exam—you need to go to law school, which is quite a commitment, both financially and in terms of time. While the CPA requires accounting experience and coursework, there’s a lower bar for entry for this test.

What is harder CPA or actuary exam?

Difficulty: For most people the CPA exams are easier than actuarial exams. Actuarial exams test more difficult concepts and get harder as the candidate progresses through them. Number of Exams: Actuaries need to pass 10 exams in order to be fully qualified, whereas accountants have to pass 4 exams within 18 months.