Maybe it is just my imagination, but I thought the numbers were green when I passed FAR? Green…Gray…Burnt Umber…I’ll take anything 75 or above. I really needed this one. I seriously may have taken a looonnngggg hiatus I hadn’t passed. Thank you GOD/JESUS!
According to the AICPA, the third quarter of 2007 by far had the highest candidate passing rate. BEC was the only exception and it was lower than the 2nd quarter by less than 1%. The worst time to take the exam? January/February. The difference between the third quarter passing % and that of the 1st quarter is staggering. AUD: 6.82% higher BEC: 3.29% higher FAR: 8.73% higher REG: 8.27% higher Combining this little nugget with a previous post, statistically, you are more likely to find success on the exam if you take two sections during the window of July/August. This shouldn’t tangibly affect anyone’s exam prep or test scheduling, but it is somewhat interesting.
According to the Uniform CPA Examination Alert, students who took two sections in a testing window were more likely to pass one section of the CPA Exam than those who took just one. Thought: Makes sense… Students who took two sections were also more likely to pass both of them than pass just one. Thought: Ok, finally something to chew on. Students who took all FOUR sections in a window were more likely to pass all 4 than they were to pass 3, 2, or 1 section. Thought: Weird.
According to the Uniform CPA Examination Alert, they are considering getting rid of the 6 writing sections on AUD/FAR/REG and moving 3 of them to BEC. The thinking surrounding this move is that they can adequately determine a CPA candidate’s written communication skills based on one exam alone.
According to the Uniform CPA Examination Alert the old format of two simulations will be replaced by 5 or 6 shorter Task-Based Simulations. Unlike the current two simulations, the new simulations will be independent of each other and each question will derive from a new set of information. Once approved by the end of 2008, the new format could be implemented in early 2009.
I was perusing the Uniform CPA Exam’s official website – cpa-exam.org and found something that I didn’t know existed…archived webcasts. According to these webcasts: –41-45% of all candidates who sit for a section pass it. Thought: This is interesting because the people taking these exams aren’t just people who casually went to the center, signed up, showed their 2 forms of signed ID and took the exam. These are people who went through the trouble to get their 150 hours…get their NTS…pay the exam fee…drop a grand or more on review materials and sacrifice valuable time preparing for the exam. Taking the CPA Exam isn’t something you just stumble into – it’s an intentional process and if you have an NTS in your hand, you haven’t taken it lightly. AT BEST, 45% of these CPA candidates passed their exam section, leaving the other 55% wondering what went wrong. Basically, if