2015 CPA Exam Pass Rates Released; Strong Trend Continues

    Success-Superhero-2

    The AICPA has released the Q1 and Q2 2015 CPA Exam Pass Rates.

    A year ago, the Q2 2014 CPA Exam Pass Rates were the highest since 2010 and they remain strong a year later.

    AUD 2015
    Q1: 44.56%
    Q2: 49.21%

    Q2 2014: 48.97%
    Q2 2013: 48.08%
    Q2 2012: 47.81%
    Q2 2011: 47.71%
    Q2 2010: 50.75%

    BEC 2015
    Q1: 53.41%
    Q2: 57.55%

    Q2 2014: 58.20%
    Q2 2013: 55.71%
    Q2 2012: 53.17%
    Q2 2011: 46.48%
    Q2 2010: 48.86%

    FAR 2015
    Q1: 44.14%
    Q2: 48.90%

    Q2 2014: 47.72%
    Q2 2013: 49.09%
    Q2 2012: 46.49%
    Q2 2011: 44.27%
    Q2 2010: 48.37%

    REG 2015
    Q1: 47.94%
    Q2: 50.99%

    Q2 2014: 51.69%
    Q2 2013: 49.72%
    Q2 2012: 49.62%
    Q2 2011: 45.01%
    Q2 2010: 52.07%

    July 06, 2015 CPA Exam Pass Rates

    When the CPA Exam Feels Like the Enemy

    Christina FChristina is a NINJA CPA review blogger

    Studying, I haven’t been in the mood to study lately. I let the stresses of life get to me too easily and it impacts my study time and desire to study.

    The past 2 weeks, I’ve gotten through one chapter and did all of the NINJA MCQs for that section. That’s it.

    I had planned on sitting for this exam mid-July, now I need to push it back to end of July. That is not what I wanted to do. I’m so worried I’m going to fail again, but am having a hard time studying because of it.

    This exam is not just about studying. It’s a mental thing too. If I am so scared that I’m going to fail, it impacts my studying because it’s as though I’m telling myself that no matter if I study or not it’s not worth it.

    How do I get myself out of that mentally?

    I have to remind myself why I am doing this and that the past does not dictate the future. Just because I failed the last time does not mean in any way that I will again as long as I push along and study.

    I have to act like I haven’t taken the CPA exam before. I need to tell myself that the other exam was practice and the next time I will get it.

    These exams aren’t easy, if they were, more people would get their CPA. I have to face my fear of failing and study as much as I can so I know there’s no question that I’ll pass.

    They say, “Keep your friends close and your enemies closer.” Sometimes the CPA exam feels like an enemy and I don’t even want to look at my book, notes, etc.

    I need to keep them closer and look at them more often and keep studying. This is the way to pass the exam. I WILL pass.

    I’m going to set the NINJA MCQs as my home page on my computer and tablet so that it’s a constant reminder to study and keep this exam closer so that I can conquer it!!

    Quarter 3, here we come!

    July 06, 2015 NINJA CPA Review

    Work Wreaking Havoc on Studying; AUD 2 Weeks Away

    Bev Headshot NewBeverly is a NINJA CPA review blogger

    I am exactly two weeks away from my next Audit retake and starting to freak out a little because its 730pm and I am still at work with no glimmer of hope of leaving any time soon.

    This week has been travel week and I figured I would be studying all week, but oh no! Work had other plans for me.

    Every time my exam day gets closer I am always reminded how studying and the CPA exam hardly ever go according to plan.

    I keep telling myself that once this audit is over with I will be living and breathing the exam. I have to go HAM on the CPA exam. I think aka hope that I am using HAM in the right context.

    I am tired and when I am tired I get delusional. So delusional that I almost convinced myself that what I needed to pass in 2 week’s time was not to study the NINJA MCQs till my face turned blue but instead, a whole new CPA review course.

    If it weren’t for my friend who recently conquered the exam I would be adding another review course to my already long list of review courses I own. Thank goodness for rational friends!

    My game plan for the next 2 weeks will be to rewrite my NINJA notes, watch Blitz, and work through all the questions.

    I broke down the number of questions I can do a day and if I stick to my plan, I can get through all the NINJA MCQS again. I also plan on spending one of my two Saturdays working through just the Task Based Simulations.

    I am sure by the time that weekend rolls around I will be sick of completing MCQs, switching it up will make studying a bit more bearable. I wanted to say “make studying a bit more fun” and then I thought, “Who am I kidding?”

    The simulations will help me solidify my understanding of most concepts. If you have the NINJA MCQs I suggest copying and printing the list of all simulations that Jeff posted. I always print it and start with the simulations that cover the areas that I am weak in.

    Till next time NINJAs. Happy studying!

    July 02, 2015 NINJA CPA Review

    Keep Moving Forward – one Flashcard at a time

    Joshua GraunkeJoshua is a NINJA CPA review blogger

    At this point in studying, it’s all about the calendar. I am over halfway through my FAR book, employing the NINJA method of studying, and it is starting to feel like there aren’t enough hours in the day.

    Every missed opportunity to review a flashcard or listen to Jeff’s audio feels like it will be the reason I get a 74 instead of passing this miserable test.

    I find myself taking longer lunch breaks to get a little more studying in and try to nail one more concept before I go back to my desk.

    I missed a day this week studying to celebrate the Stanley Cup, and now it seems like I shouldn’t have even watched the game, much less partied long after the game was over.

    It has definitely been a learning experience. Life has now become a mish-mashed pile of work and studying, with the occasional gym visit to relieve the stress of this exam (seriously, die consolidations).

    I have learned that the best way to get through this is simply to block out the outside world and use 100% of your free time to learn or refresh a concept.

    I keep looking up at my clock during the late night study sessions and think “another hour closer!” I read the A71 forum for near 8 months before starting and still didn’t quite grasp the breadth of this undertaking.

    I plan to wrap up the final chapters over the next 10 days and begin the second “N” of the NINA method and try to get as many MCQs done as possible.

    My girlfriend has been a trooper about the process, and has even had me explain certain things to her while she looks at the book to help reinforce it in my memory.

    Little things like a supportive significant other can make all the difference in my energy and enthusiasm to study, so I am thankful she is willing to trek through this with me.

    I’ve found that there’s no secret cheat code for the CPA. The only thing that gets you through this is constant vigilance and commitment to the process.

    I just need to keep moving forward. One more flashcard, one more listen through of the lecture. Keep focused. 37 days to go.

    Surviving CPA Score Release

    Carolina2

    Carolina is a NINJA CPA review blogger

    Grrrrr!!!!!! Another failure. A lot has happened since I last wrote. I failed AUD and BEC both with a 58.

    I knew I was not ready when I took those tests, but I was hopeful for a miracle. I did not study as I was supposed to.

    I was more upset by my AUD failure than for my BEC. I studied a lot more for AUD, and when I got out of the testing center I felt like I had a good chance of passing.

    After I saw my score, I cried the entire night and the morning after. I saw my score at 12:52 am ET, and I made a promise to myself that I will never stay up late to wait for the CPA Score Release, for I could not sleep the entire night and went to work feeling miserable.

    I took BEC four weeks after I took AUD, but I got my AUD results two days before my BEC test. I do believe that this score affected me because I didn’t want to study anymore.

    I really considered quitting. I felt like I don’t have what it takes to pass these tests. I felt tired and didn’t want to continue with this journey.

    Thankfully, I came back to my senses, and decided to make a new study plan. My plan is to take FAR in July and stick to one test until I pass.

    I failed FAR by 4 points, and I believe I have a good chance of passing it next time around. I just need to force myself to study and have the same dedication I have in other aspects of my life.

    I just keep telling myself, study harder and you’ll pass.

    I wish you all the best of luck!

    New Plans to Become a NINJA CPA

    Rollie S

    Rollie is a NINJA CPA review blogger.

    My fellow NINJA CPA hopefuls, I digitally stand here today to inform you that I have failed again with a 64 on AUD.

    Being the loving husband that I am, I deferred telling my wife the news until the evening, which, in retrospect, was probably not a good idea.

    Instead of hearing the “Sorry honey, you will get it next time,” I got the “You waited all day to tell me?” talk. It was pretty special and helpful towards drowning my sorrows of the failure….

    I guess I am back to gouging my eyes with rusted spoon to retake AUD early July…The good news is that my state board just sent an email on score release day to inform us that they have decided to raise exam fees.

    Hopping off the sadistic and sarcasm train, my plan is to switch back to AUD and take it before the 4th of July. I am retaining a lot of what I learned plus I feel like I am able to help others in the study group on the forum.

    Some of my best test scores in college were when I would lock myself in a room and talk/write on the whiteboard to teach myself the materials. Granted there were no windows, so others did not get to witness myself looking like a crazy person.

    I plan to again pound the NINJA MCQs, but actually work on understanding why the other 3 answers are incorrect or just not the best options. In the last week, I have started taking the time to look at why the other answers are incorrect and I am starting to learn a lot more.

    Being home and spending time with my wife becomes more difficult as I continue this journey. The duration is beginning to take a toll on the quantity of quality time and my frustration and stress level does not help.

    I listen to some podcasts and one of them is about marriage and tips to keep and grow a healthy relationship. One of the key tips that has been prominent through the episodes is making time to relax and play.

    Whether playing a board game or taking a walk, these times are set to just have fun and not talk about bills, CPA exam, children (we don’t have any), etc.

    This is time to reconnect and then you can go back to attacking the list of mounting items that need to be completed.

    I may begin to try this to see if I can re-connect to the quality time we had in the past and to stop myself from focusing on auditing assertions.

    Goals for the week:

    • Focus while studying so I can get home sooner
    • Work on de-stressing
    • Date Night(s)
    • Hone in on my inability to determine what assertions the auditor is testing for (I know-I ended with a preposition)
    June 24, 2015 NINJA CPA Review

    CPA Review: Conquering the FAR Monster

    dustinski 2

    Dustin is a NINJA CPA exam blogger

    Hello NINJAs,

    I am gearing up for FAR. Just a couple of weeks left until I sit for this monster. Then it is on to my retake. If all goes according to plan, I will be done with this beast this fall.

    That is the goal. I think it is realistic and doable, but I just need the motivation to continue on. Very difficult to stay motivated now that the weather is warmer and all I want to do is enjoy the outdoors and golf.

    My golf game is taking a beating this summer (no time- too busy studying).

    I seem to remember a week or so ago being very down on myself about this whole thing. I was upset and frustrated. I was struggling through some difficult topics and wasn’t very hopeful.

    I was chatting with a friend and they said, “FAR is more like being a jack of all trades. Efficient and understanding in all, but a master in none.” It eases a little of the stress, but I still am nervous about the whole thing, which I think is normal.

    I am almost done getting through the material the first time and will have a decent amount of time to review, which is hopeful. So I had that juice to keep me running for a few days. Then I started get discouraged again.

    Two days ago I was frustrated and I looked over and saw a sign that my mother has in her house. It says, OPPORTUNITY is missed by most people because it is dressed in overalls and looks like hard work. – Thomas A. Edison.

    Well didn’t he hit the nail on the head with that one? Now granted this shouldn’t be literal. I mean if overalls are your thing, then more power to you, but it makes perfect sense.

    I know tons of folks who have passed this exam, and then I know some on the other side, who have started and quit, and started, and then quit. I will not let myself be like that.

    I am going to strap on my overalls (thinking about getting some and rocking them like it’s the 60’s again) and push through this CPA review. I see my friends who have completed this exam going to the beach, hiking, vacationing, etc.

    I am peanut butter n’ jealous. However, they worked for it, and now are reaping the rewards. They are getting promotions and respect from colleagues, are able to enjoy their weekends, and can catch up on Netflix or going to the gym.

    We can do it to. It is a process, and the success and money will come. This pain (emotional, physical, mental) will pass. It is temporary. I am just excited about the prospects of that success. It is really what keeps me going.

    Ciao,

    Study hard, stay on track and I will try to do the same. You’ll look back on this and laugh. Actually, no you probably won’t. You will probably say that it sucked and was awful, but you only have to do it once. Keep working.

    -Dustin

    June 23, 2015 NINJA CPA Review

    CPA Exam Question Frustration

    Sarah Headshot New

    Sarah is a NINJA CPA review blogger

    If you’re looking for a pick me up to get you back on the studying wagon, you may want to skip this one…

    Lately I’m feeling really down about this whole process. I was flying high after I passed my last section, because all I’ve thought about for so long was my first goal of passing FAR.

    The most daunting part of studying for that was that it felt so completely impossible to even pass that section, and that whole time in the back of my mind all I kept thinking was “even if I ever pass this one – I have 3 more after it!”

    That’s where I am now, finally confronting that lurking sick feeling of “3 more….” I thought that maybe I would accomplish a miracle and pass AUD by only studying for 2 weeks after passing FAR.

    I had a great few weeks and hit it hard, and it seemed so much easier than FAR! I was really enjoying the material, and going into the test I was feeling like it all finally made sense – just FAR was a beast, and from here on out the CPA Exam questions would be much easier.

    The whole test seemed just easier, friendlier, and like it made so much more sense.

    I came out of the exam flying high and hesitant to tell anyone how well I thought it went… unfortunately I DID end up telling some people that…

    For the last 3 weeks while waiting for my score I have taken it easy – hoping against hope that I pulled off a miracle and passed it with such a short time of studying, and figuring that even if I didn’t pass, it wouldn’t be by much, so it would be a no problem to hit it hard for another couple of weeks and then get the extra few points to move past AUD.

    However…. that’s not exactly how things worked out. A few nights ago, I sat with my husband, who was going through some pretty severe anxiety over his father’s health condition, and we both sat expectantly waiting for 1am to roll around, iPad’s in hand, ready to get that score.

    As soon as I saw my 59, I just said “what?!” I was so confused… I clearly have no concept of what it takes to pass this section, and even less clarity of how I’m doing during the CPA Exam questions. I sincerely thought that all my SIMS were easy, and I flew through the MCQs. Apparently I completely deluded myself…

    This is obviously not one of my more chipper posts, because honestly I’m just feeling spent with this process. I went ahead and rescheduled a new test as soon as possible, and now I have about two months to get my head around this material and really see what I was missing (because apparently it was a lot).

    At least at this point I have a routine of just getting back on the horse through all the disappointment, but it’s starting to get old.

    The one ray of sunshine that I can say is that even through my massive disappointment and sadness over that awful score, sitting there with my husband, who had some seriously pressing things on his mind, I was able to be immensely grateful that I’m even in this position to feel this let down over something like this.

    How many people in the world don’t even have access to education, let alone the world class education that I received that got me to the point that I can even be in the running for this kind of an accomplishment?

    Failing AUD isn’t the end of the world, and failing it again wouldn’t be either. I am grateful that I have a job that I love (that patiently lets me take endless time off to take exams and even study),

    I have a husband that is happy to let me study when we’re home together (and even works on his own projects quietly in the meantime so that I won’t be tempted to relax with him, AND cooks dinner for both of us a few nights before my exams so that I can just study without worrying about anything else!).

    I’m obviously very blessed, and sometimes I just need to take a step back from that countdown clock and get some perspective on what’s really important.

    Someday I will be a CPA, and I will think back to this time and be grateful that I made it through, that I NEVER have to take a test like this again, and that I didn’t let the exam steal my joy.

    June 22, 2015 NINJA CPA Review
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