Wiley CPAexcel Review

OVERALL RATING:

Wiley CPAexcel is the perfect course for people who have busy schedules and do not have large chunks of time to study.  I personally used this review course and was able to pass all four sections of the CPA exam on my first try while also working 50 hours a week. I attribute much of my success to CPAexcel’s bite-sized lectures which made it easier to absorb and retain information.

This program is specially designed to help you learn more in less time and would be great for any student who prefers self-study courses or has a busy schedule.  Each main topic is broken down into smaller subsections which typically take between 30-45 minutes each.  This offers you the flexibility to fit in a quick section whenever you find time in your day.

Course Format

I have expanded this review of Wiley CPA excel because I used their course material everyday for 9 months and know it like the back of my hand.  So feel free to skip to the Pros and Cons at the bottom of the page if you start to feel sleepy ;) Each subsection includes the following:

Study Text – A reading assignment which is typically 2-6 pages in length

Proficiency Questions – A true/false quiz that helps you gauge how well you understand the text you just covered.  The entire course has a total of 6,200 of these T/F questions.

Exam Questions – A multiple choice quiz that is presented in the exact same computer format as the CPA exam.  It is a timed test that allows an average of 2 minutes per question.  This is great practice and prepared me well for the actual CPA exam.  Your quiz is graded after you finish or run out of time and reveals the questions you missed, what the answer was, and a description of why that answer is correct.

Flashcards – 4,100 double-sided digital flashcards containing important definitions and key topics.

Task Based Simulations – CPAexcel comes with 450 task-based simulations. I remember many of these being identical problems with just some of the numbers changed around so this number is a little misleading, but this is still twice as many as most of the other review courses so you’ll definitely get enough practice on these.

The number of true/false and multiple choice questions depends on the length of the section and ranges anywhere from 5-30 although you will typically receive around 8-12. Each topic has a Diagnostic Exam which tests you on all the material in found in its subsections.  It touches on the main subjects and typically pulls 2-3 of the most important questions from each subsection.

After you have completed all the course work for that exam there is a Simulated CPA Exam which is exactly the same format as the real one.  It is broken down into three separate multiple choice sections and a task basked simulation portion and is timed just like the live exam.  At the end of the test it grades your responses and gives you a breakdown of which topics you did well on and which ones you need to go back and study.

CPA excel not only tells you which ones you missed but also give a good explanation of how the correct answer is calculated.  A large portion of my learning happened here as I would repeatedly take the Simulated CPA Exam,  review all of my wrong answers, and then take it again until I consistently scored in the 85-90% range. You’ll see a bunch of new questions each time you retake this test which gives you the repetition and practice needed to pass the CPA exam.

 

PROS

1. Exam-Identical Software

The practice exams and simulations are presented in the same exact computerized format you will see on your test day including the proper time limits, break policies, and rules for moving through the exam content.  This familiarizes you with the CPA exam format as well as the functionality of the built in calculator and flagging system.

2. Bite-Sized Topics

Each section is broken down into small 30-45 minute sections which makes the CPA exam seem a lot less overwhelming.  This is also great for anyone who has a full-time job or children and doesn’t have large chunks of time to study with.

3. Multiple Choice Questions

With over 5,500 multiple choice questions you will definitely be able to get the repetition you need to pass the CPA Exam without having to worry about seeing the same questions over and over again.

4. Accessibility

There is no limit on number of computers their software can be downloaded and used on. Their course is also accesible from your smart phone on both the Android and iOS operating systems which includes the iPhone, iPod Touch, Samsung Galaxy, and iPad.  Another great feature is that CPA excel gives you unlimited use of their videos, quizzes, and course material and they NEVER expire!

5. Mobile Smartphone App

It took about a year for Wiley CPAexcel to work out all the bugs, but after testing the new updated version out for myself, I was very impressed.  This gives you access to 4,600 multiple choice questions and answers as well as 4,000 flashcards on the go.  You can adjust the length of the quizes anywhere from 1-100 questions which makes it easy to use even if you only have a few minutes to fit one in. The app releases updates much more frequently now and is free with the purchase of 1 or more sections. They also offer a free version even if you didn’t purchase a section but it does not include all of the MCQ.

 

CONS

1. No Instructor Support

There is a message board where you can post your questions but their responses can take a few days and are often not very clear. You can buy or upgrade your course package to include their “Professor Mentoring” service in which they will respond in 24 hours via email.  I bought this feature but only ended up asking one question throughout all my studies that I ended up figuring out before they got back to me.

2. Video Lectures

They have several different instructors that rotate throughout the different sections which helps to mix things up a bit but I didn’t find any of them particularly engaging or interesting.  I have talked to students that are more visual/auditory type learners who were able to pass by skipping the majority of the reading portion altogether and ONLY watching the videos! (While taking extremely good notes and doing tons of MCQ I’m sure)

3. Self-Study Is Only Option

There are no live classes or instructors to talk to in person.  If you learn best from human interaction or need one-on-one help then this is probably not the best choice for you.

 

MY SUGGESTION

Wiley CPAexcel is great overall course, especially for anyone who has a full-time job, kids, a spouse, is pregnant or any other serious time commitments in their life.  If you are accustomed to learning from your computer and feel comfortable studying on your own then you would do very well with this course.

Considering the 40-50 hour work week that I had to juggle while studying, I don’t think I would have been able to pass all 4 sections in 9 months with any other CPA review course.  In my opinion this is the only way to go if you have a busy schedule and do not have the luxury to devote all of your time to the CPA exam.

 

 

 

CPAexcel
5 / 5 stars
  • Marissa

    Thanks for your honest review! It was the reason I used CPAexcel and am soooo happy with it!

    • Bryce

      Glad it worked out for you Marissa!

    • Shawn Drawver

      I think this course would work since I have a very busy schedule.

  • https://www.facebook.com/mary.marone80 Maria Marone

    Hello-
    I appreciate the honest review on this product. There are so many out there it’s hard to choose and, not to mention, expensive. I have been using Becker but my material is old. They will upgrade but if I pay almost $1000 which I don’t have. In a blessing in disguise, I was laid off. My husband is in the military ( Army, 17 years) and not much disposable income is left especially with the holidays coming. My husband and I decided before I go back to work I will work on passing my CPA exam. I have 4 years of experience and no CPA, it doesn’t look good on my resume. I know I will pass but I need to be smart with my time. I can’t disappoint my husband. My friends are nice to enough to lend me their materials since is more recent than mine but I rather have my own.

    What I like about this product and I know I will benefit from is the following:
    1.) Study test is a short reading assignment. It’s the type of learning that lets you absorb the material with short intervals. I’ve been in training for a whole day with a test at the end. It was hard to recall the information after a long day. I would barely pass.
    2.) Test questions simulate the CPA exam. I hate surprises especially during test day.
    3.) It’s designed for people that have a busy schedule. I can’t emphasize how much that will be helpful for me. With being laid off, I have a short amount of time to use my time wisely and efficiently.
    4.) No limitation on computers you can install. Becker only allows 3 installations so I hate to ask my friends if I can borrow because of that reason. :/

    I wish all the best of luck to everyone trying to pass the CPA exam. :)

  • David

    Hi Bryce,

    I want to thank you for your website, it has been very helpful for learning about all the different study tools for the CPA exam.

    I’m in a similar situation with time / work schedule, I work about 55-60 hours a week, which doesn’t leave a lot of time extended study sessions. I think the format of CPAExcel would work perfectly for me, since I could do daily 30-45 minute study sessions on my lunch break. I also learn well on my own, and like to keep up my own pace. I don’t have time nor do I study well in a live class setting, and my schedule is too inflexible for an online program that requires certain “progress points” to keep up with.

    About me, I work in the finance industry currently, and have a bachelors degree in Finance. I am attending night classes for accounting to satisfy my CPA education requirement, and will be done early next year. I plan to start studying for the CPA right after that.
    I was hoping to start work in the accounting profession before obtaining my CPA, but unfortunately employers are not very interested in someone without direct accounting experience. So I plan to start taking the CPA exams before landing an accounting job. Having this free study course would be really beneficial to me, both financially and in terms of its study format.

    I thank you for your time.
    David

  • Mary

    I have had a very difficult time passing this exam and need all the help I can get. I started studying back in 2007 and after failing gave up for a few years. I was recently passed up for a promotion because I don’t have my CPA and will be passed up again if I don’t get it done by middle of next summer. Talk about stressful. One down three to go…

  • Ian

    Hi Bryce, thanks for your website I use it quite often as i prepare for sitting for the CPA exam someday soon. I am a single father so do not have hardly any time between my full time job and taking care of my child so that is why I know CPAexcel is the only fit for me.

    I cannot afford this on my own right now (diapers, daycare, normal living expenses, etc) so winning this grand prize would truly be a life changer. One I hope can offer my son many more opportunities in the future.

    Thanks for your consideration,
    Ian

  • Katie

    Hi Bryce!

    I’ve enjoyed reading your website that I found threw Pinterest. I take my first exam on Friday!! Having 5000 timed questions to study from for the rest would be a huge added benefit to my studying!

    Katie

  • LaKeiya

    Hi,
    Thanks soo much for your synopsis of this CPA software. So many times I have heard “use Becker” or “use Kaplan”, but deep down I knew that there was something just as good or even better for a less expensive price. I have been working in the accounting profession for many years and noticed that I am doing the work of a CPA but not getting compensated as such because I don’t have the credentials. I just started working at this CPA firm in hopes of becoming a CPA one day. I don’t have a lot of time during the day to study, so the short courses CPAexcel offers would be great. Also, the fact that this test simulates the CPA exam, I am sold!
    Of course, winning the free software will be even greater! If the software is free, I won’t have an excuse as to why I haven’t started preparing for the exam.

  • Nora

    Thanks for the review Bryce! I am currently working full time and studying along side has been difficult. This CPAexcel study material sounds like it would would fit perfectly into my busy schedule so that I can download the software on multiple computers and study during the short amounts of time I have each night after work. I think this study material could definitely help me to pass all sections on the first try!

  • Jeff Vetter

    This seems like a great resource for passing the all too daunting CPA exam. I like how the lectures are structured to allow maximum flexibility in study times. I would also enjoy the large bank of practice exam questions. All around I would enjoy using this product in hopes of swiftly passing the 4 sections.

  • Isaura A. Vazquez

    Hi Bryce,
    I found this website thru a friend of mine who is an accountant. I’m currently finishing my ba in accounting and working for the IRS as a customer service rep but taking the CPA exam and passing it would help me get a better posting here in puerto rico in the field of auditing,which is what a really enjoy to be doing. Im a single mother working full time and this doesn’t leave me much time to study and the cost of the reviews also present a problem. If I use this review and pass the exam I can have more opportunities in my work and ultimately provide a better life for my daughter in the process.

  • Erica Kachlic

    I am very interested in a chance to win the CPAexcel program. I have tried both Gleim and Wileyin the past and while both great products, the formats just haven’t worked well for me. I like that this program offers smaller bite-sized lessons as well as videos. I have browsed some of the few freebies you have posted and they have been very easy to use and helpful. I am a full-time mom, full-time employee, full-time wife and a business owner! Studying for me is a treat and to have a little “help” from a great program would make my life just a little easier. Happy Thanksgiving and thanks for all you do for us students/CPA candidates!!

  • Benjamin Langley

    Thank you for this information. I have been studying and taking sections of the exam for a number of months already. I have sat for FAR twice, giving myself 2-3 months to study for each exam. I scored a 74 the first time and a 72 the second time. It has been so frustrating getting so close, but not quite making it. I bought the Yaeger system and there are a number of things that I do not like about it and if I could go back in time I might have gone with CPAexcel, as I was trying to decide between the two when I started out. I would love to use CPAexcel because my sister in law used the system and passed AUD the first time with a score in the 80% range. I love the fact that the sections are broken down into smaller sections that make studying more manageable and help to track your progress better.

    I have had trouble finding work since I got out of school and cannot afford another course, but I think CPAexcel would be a great boost for me.

  • Ali Lotia

    This would help me get started on my CPA journey. I am saving funds to get the CPA prep materials right now.

    • Ali Lotia

      My attention span nowadays is like a 10 year old out of ADD medicine and the small 30-45 min sessions that CPA Excel is broken into would benefit me greatly.

  • Bart

    Bryce!

    I’ve been studying up on a lot of the courses available, and I definitely am finding your review for CPAexcel very helpful. Whether I qualify for a free one or not, I think the self-study focus would be very beneficial to me. Because I ride the bus frequently, I have lots of 30-40 minute intervals that I could study the shorter selections that this course offers.

    Congratulations on your success!

    -Bart

  • Sarah DelMoore

    I just started my studying journey for the CPA exam and I need all the help I can get. I am super happy to get any free study material for the CPA exam, but it would be even better to win the CPA Excel Review, I have heard great things about it!

  • Stephanie

    I have been studying with Becker for over a year and a half now and the only thing I have noticed is that I need a lot of time to sit and study. Now as I am a Second Year Associate in a Big 4 firm I do not have the luxury of having free hours as I find myself working 50-55 hours a week. With your review it shows me that it can be possible to work these crazy hours and study to pass the CPA. I am ready to take on a course that will actually show me results instead of a course that does not produce! I’ve been looking for new study material as I have sat for each part twice if not three times and cannot seem to nail it. Thank you for your honest review and insight into the program. Whether or not I qualify for the free program I will highly consider ordering it as I need to pass this exam to prove to myself that I can do it!!

    Thank you for your honest review!!

  • Kevin

    I would benefit greatly from the ability do study on my own time My schedule is hectic enough as it is with working and taking master’s courses that I barely have time to blink. Having a portable solution to make the most of my free time would give me an edge, especially on my portable devices.

  • Sandra La Belle

    I started studying for the CPA Exams back in 2011. I’ve already taken all four parts once and failed with a 71, 72, 73, and 74. I’ve been using the Wiley books and Test Bank because I have not been able to afford a full-blown review course on top of all the exam fees. I am so close to passing its frustrating but I know that without some newly added element to my studying I won’t get those few extra points needed to pass. I am a visual and auditory learner and I feel that having video lectures would be the one little thing I need to push me over the edge. I’ve already scheduled my next round of tests: the first one is coming up on Wed Nov. 28 and the rest will be taken through out the early part of next year. If I don’t pass the exams this second time I will not be able to afford to try again a third time. I would really appreciate having the video lectures and the flash cards and they would not go to waste on me!

  • Nick

    I just discovered this website recently, and I am very impressed with the analysis on CPA review courses. I graduated with a degree in accounting in May, and began working full-time immediately at a public accounting firm. In addition, as I am a huge fan of school, I decided to also go back and work towards a double master’s degree in accounting and business administration. With my exciting schedule, when I saw CPAexcel, I knew it was a great option with its bite-sized topics and accessibility. I could easily study during lunch, in between work and school, or after school. If I won this prize, I would get to studying right away, mainly because I would like to figure out if there is some loophole so I wouldn’t have to pay taxes on the winnings.

    Thanks for a great website!
    Nick

  • Zenaida Cuerdo

    Thanks for the information. I wish i would be the lucky winner.

  • Bernardo Bahena

    Hi Bryce:

    The accounting profession requires great commitment and an honest passion. I am currently a full time student and a part time employee, a balance that leaves little time for studying for the CPA examination. I am constantly on a constraining budget, but also aim to not forgo the quality of my education as a result.

    After reading the review on CPAexcel, I am comfortable with the quality and value of this course because it offers three qualities that lead to effective and efficient accounting learning. One, it offers a substantial opportunity for practice, which makes perfect, and in this case achieve a passing grade. With over 5,000 multiple choice questions and with engaging task based simulation problems. Two, the exam-identical software provides familiarity and confidence. Once learned the exam format is no longer foreign and no longer part of the stress of taking it. Three, last but not least, concise and specific a characteristic that allows an accountant to focus on the applicable law and procedures, therefore, increasing effectiveness. This is achieved through its short 30-45 minute section lessons.

    CPAexcel is a course tailored for those like me who have a full schedule, are committed to passing the CPA examination, and are in need of a course review that can achieve that given time constraints. CPAexcel’s effective accounting learning features are what convinced me it is the right choice.

  • Brock

    Hey Bryce,

    I’ve been reading many reviews and it’s great to have your perspective as a former user who can relate to the grueling study process and which features of a review course add value and where some courses fall short.
    As someone who did not major in accounting in college, it’s important for me to find the course with a proven track record of helping and guiding professionals to pass the CPA exam on the FIRST try. As a young professional, time is extremely limited, so in considering a CPA review course, my goal is to find the course built for someone like me. Brief study texts and flash cards are ways to be most efficient with time and soak up the most information.
    The review course I end up with will have a major impact on my life for the next year or so. Winning the review course would make the trek of becoming a CPA much more bearable!

  • Manda Burge

    When I first looked into a review course, I really thought Becker would be the best option. Many of my colleagues went this route because their firms paid for the program. However, when I started to research the options out there and came across this website, I’ve decided that the CPAexcel would work better for me.

    Time is valuable and I don’t always have time for a 3-4 hour lecture. I work long hours and am a single mom. Being able to study in small increments is very appealing.

    I like that much of the course is on the PC. This means I can take it with me wherever I go (just pack the laptop) and I think it helps to study the same way you will be taking the test.

    Lastly, price is a big factor. Becker seems to be overpriced for tools that come with an expiration date. Its comforting to know that I can take my time and not feel pressured by a deadline. The exam is pressure enough!

    This will be my first time taking the exam, so I want to do it right. I’ve been doing a lot of research in planning a good course of study. Thanks for offering your insight and good luck to all!!

  • AROOP DATTA

    I AM BANKING HEAVILY ON CPA EXCEL TO GET ME THROUGH MY CPA //

  • Brian Mitchell

    Bryce!

    I have been fighting in the trenches for several years of college and will shortly graduate after seven semesters. To save money, I became a floor president and worked an outside job. Between homework, job work, enforcing quiet hours, attending meetings, and running programs, I am already enjoying the 50-hour-a-week schedule.

    This January I will start an internship position in one of the top 10 accounting firms. I hope to end up with a job at this company, so in an effort to get a leg up on the competition, I’m jumping into the CPA studying immediately.

    Between work, class, studying, and dating, I know I will be busy. (I’m single now, but let’s face it: accountants get all the ladies!) The quick lessons and quizzes offered by CPA excel will help me budget my time.

    Thank you for offering this outstanding opportunity!

  • James Murphy

    Hey Bryce,

    First of all, I hope this submission makes it in time even though it is late on the 20th. I just happened to find this opportunity while looking for once again, the best CPA review course for me.

    CPAexcel seems like an amazing opportunity for a couple of reasons. I’ve always been known for being busy. I am involved with organizations on campus, work as a university employee, and often look for ways I can help out in the community. Furthermore, I’m rather slow when it comes to studying and reading textbooks for classes as I look to produce high quality in my homework and papers. The time efficiency that this review course has will most definitely make the most out of my time studying with the bite-sized topics. It’s difficult to recall information over a long study session, but the time management this course implements will be a key factor in preparing for the exam. I’ve also been told that practice makes perfect, and as probably anyone else would, I definitely agree. With over 5,000 multiple choice questions, that should be more than enough practice to pass the exam. My professors that are CPAs have said that answering MCQs is one of the greatest ways to study and CPAexcel surpasses my expectations with such a large bank of questions.

    To say a little about me, I’m a graduate student at Southern Illinois University Edwardsville going for my Masters of Science in Accounting degree. It seems like jobs are becoming increasingly hard to come by these days and I want to do everything I can stand out from among the crowd. This is why I plan to start studying for the CPA exam and to pass it in 2013 near the time I graduate. I have spent hours looking at review courses that would provide the edge I need to pass in painstaking detail. From Becker, Yaeger, Bisk, and Roger, I’ve been all over their websites trying to find where I can get the most for my money. As a younger college student without any “real” work experience as of yet, money has been hard to come. I’ve only been able to attend college through student loans, but I’m thankful I’ve had the opportunity to make it this far. I can only imagine that obtaining the accounting milestone, that is the prestigious CPA license, will be enough to help get my foot in the door at an accounting firm and to finally start my career.

    I appreciate your consideration and your time invested into making this site. It helps having great reviews all in one place. As it has helped you, I greatly believe that CPAexcel is just what I need to succeed. Thank you and have a great Thanksgiving!

    • James Murphy

      I contacted CPAexcel and this is what they said: “Keep in mind CPAexcel offers the best pass guarantee in the business, which includes free electronic updates and use of the materials until you pass all four sections of the exam. There are no time constraints or conditions with getting these updates. ”

      I have to admit, no other review course does this. The guarantee makes the program that much better.

  • Holly

    Currently, I’m a full time student, a part time employee, and a mother to three young girls. Because of all of these roles it is essential for me to dedicate my time efficiently. Your review and personal experience with CPAexcel, I feel confident that I can be successful with using CPAexcel to pass the CPA examination.

    I will be graduating from CSUSM in a few weeks and it is my goal to get my CPA by the end of 2013. I have been researching CPA review courses and feel this is the best option for me. CPAExcel offers a quality porgram that has many qualities that are essential to pass the CPA exam the FIRST time. The qualities that have impressed me are the large number of simulations, 5,000+ multiple choice questions, and finally the 30-45 minute section lessons. These short lessons are the attractive factor for me. I would like to start studying for the exam immediately following graduation next month and CPAexcel meets the needs for me because of my busy schedule.

    CPAexcel would provide me with the chance to prepare for the CPA examination with my given time constraints. It is CPAexcel’s commitment to providing quality features in a time sensitive matter that has me convinced it is the right choice for me.

    Thank you for taking the time to provide a valuable unbiased website on all the available CPA review courses out there. Have a Happy Thanksgiving!

  • Kimberly Joyce

    Bryce,
    You state that you used other materials as supplements to help make up where CPAexcel was weak. Could you share what you used? I just graduated with my BS in Accounting and want to start sitting for the exam in the second test window but I dont know where to begin . . .
    Thank you,
    Kim J.

    • Bryce

      Hey Kim,
      Congrats on graduating! I used Wiley CPA review books to supplement on the sections I felt weakest on. This gives you access to a few thousand new MCQ’s and can be bought on Amazon.com for anywhere between 20$ and $40, definitely a steal.

      If you plan on sitting for the exam in the second test window which Starts April 1st, then I would plan to start studying at least a month earlier just to make sure you have enough time to be fully prepared.

      Let me know if I can answer any more questions for you, cheers!
      Bryce

  • Tammy

    Could anyone give an advice on the textbooks, please?
    I bought the CPA excel review course without the textbooks, and am currently preparing for the AUD part by supplementing my studies with the textbook from the actual auditing course I took in college last year. There is a lot of material in the textbook and it has it all, except maybe for the statements and pronouncements itself, which isn’t a necessity. But I wonder if the college textbook would be sufficient for the ‘pass’ grade? I heard that the CPA excel textbooks are not that extensive on the subjects, but was thinking that it might be a plus, because it does not overwhelms you with the theory, but rather focuses on the subjects that you need… Please advise.
    Thank you!

    • Bryce

      I thought CPAexcel covered the audit section very well because it doesn’t overwhelm you with information but instead focuses on the main concepts that you will be tested on. I would use the CPA excel course as your primary study material and use your other textbook as a supplement for the areas you feel the weakest in.
      Cheers,
      Bryce

  • Bryan

    This was a great review! I think the bite sized topics is why this program would be successful for me. I dedicate 40-50 hours a week to work, but being able to stay in tune and constantly moving along to the next topic would allow me to keep engaged and needing to review along the way regularly.

    • Bryce

      Thanks Bryan! Yeah I was in the same boat and this is definitely the best course for that. Cheers!
      -Bryce

  • http://www.bakerydirect.net Ali

    Hey Bryce Great site! I wanted to know from a strategy point what is the best approach to studying and sitting for each section? I read where an AICPA rep said that students should sit for 2 sections in one testing period at a time. What would you suggest?

    • Bryce

      Sitting for 2 sections in one testing window is definitely doable. I would suggest taking the first section on the first day of the window and the second one on the last day of the window so you still have 60 days to prepare for the 2nd one. I would also suggest taking one of the shorter sections, either BEC or REG, as the second test since the study material is shorter. I took Audit on April 1st, and then followed that by taking BEC on May 30th, and felt that this was enough time to be prepared for taking both in the same window.

  • Bo

    Thanks for taking the time to do these course reviews! I am trying to decide between Yaeger or CPAexcel. I work part time and plan on studying all day Thursdays and Fridays. The first section, FAR, I plan to study in April, May, & June. Then take the exam July 1st. This gives me about 182 hours of study time (based on 8 hours per day).
    AUD I will then take August 31st. This gives be about 112 hours study time.

    I am thinking about getting the CPAexcel course, and then supplement that with the Yaeger CRAM review (possibly 2012 version off ebay would be cheaper). Do you think this is a good plan?
    Thank in advance for your wisdom!

    • Bryce

      Hey Bo,
      Sounds like you have a good study schedule all lined up. I think using CPAexcel along with the Yaeger CRAM review will definitely give you the highest chance to pass and is a great plan. As far as using the 2012 materials, in June the Audit section of the CPA exam is going to change and include new topics that have to do with IFRS so I would definitely spend the extra cash and get the 2013 materials.

      Cheers!
      Bryce

      • Bo

        Okay Bryce so I purchased CPAexcel a few weeks ago and have been hitting it hard. I am a little concerned however. I am on pace to spend around 300 hours just studying for FAR (July 1st exam date). I know CPAexcel says they average about 160 hours per student for this section and you also spent less time that that on your studies. I read your blog regarding cutting study time so I plan to implement that. But I still want to ask you, with the CPAexcel course in particular, did you notice the front part of the course (ie codification, all financial statements) take considerably longer than the rest of the course? I mean I am only 8% through and have already spent 25 hours studying and I am a good learner, usually getting the EQs and Procifiency questions above 90% my first try. The TBS’s are a different story those are very difficult.
        Any thoughts and comments would be wonderful, I am worried I did not budget enough time (originally planned on 180 hours).

        • Dan

          Hey Bo,

          I’m in the same boat. I began studying for FAR with CPAExcel about two weeks ago. I have put in around 45 hours of studying now and I’m only 23% through the lessons (towards the end of the equity section of financial statements). I’ve quit watching lecture videos and completing the proficiency questions, as I’ve found that they are repetitive and too time consuming. I now read the study text and take detailed notes and then go through the multiple choice questions and simulations. I see that your post is about a month old. How have you progressed? Do you have any advice for someone like myself? Thank you for the feedback!

          Dan

          • Bo

            Hey Dan,
            Yes I actually have switched up my game plan. I realized that I was reading and re-reading the study text and not comprehending it quickly. I quit reading the text. Now I print off each lessons slides. I then watch the lecture and make notes on my printed slides, and put them in a binder for review later. I also quit doing the PQs and focus only on the EQs and TBS. I answer them in study mode, copy and paste well rounded questions and correct answers onto one page in Word (keeping it to 1 page only) and add this to my slides for when I review. I review my binder 15 minutes each day.

            The lectures with slides basically keeps the information to a manageable amount and they review things that would most likely be on the exam. The book was just to detailed for me to remember everything, its a waste of time, in my case, to read and forget all those details 10 minutes later. I do browse the text each lesson for the shaded “NOTE” boxes for any exam tips however.

            Once I get through all the material, I will take my binder and review it throughly, and then go through all the EQ and TBS again as much as possible, but in study mode only. I find that exam mode does not teach me anything because by the time I get to the last question I forgot what I did to get the first question wrong. I like to review each one as I go. The time limit I am not concerned with, the more I understand each problem the faster I can answer it.

            This is much different than others do with CPAexcel but I found it working for me, at least for FAR.
            Hope that helps!

            • Bryce

              Thanks for the great post Bo! Always good to hear alternative perspectives on how to study for the CPA exam since we all learn in different ways. I’m sure this will be useful for many people, cheers!

  • Diane

    Hi Bryce,

    I read on one of your post that CPA Excel has just been acquired by Wiley. Does that mean that you also get Wiley stuffs once you purchase CPA Excel? Or what is the major change on CPA Excel since then?

    Thanks

    • Bryce

      Hi Diane,
      The Wiley Cpa review materials are separate from CPAexcell and are not included. Wiley’s acquisition happened a few months ago so it’s still a little early for any major changes/integration of their products. It’s important to note that their books are very different, Wiley’s are more comprehensive and technical, while CPAexcel’s are more to the point and broken up into smaller sections. I think in the future they will leverage their resources and come out with some new co-branded products, but as of right now there is no major change.

  • Jolie

    Hi Bryce,

    I am now one the 14-day free trial and planning to purchase the course. I am not sure which course to choose because I don’t know if I need the textbooks/ ebook. I am planning to take the FAR exam in late July. I don’t think I will have time to read through the textbooks because I do work 40 hours a week and I just started to study. But it is always a good idea to have more than less. Any suggestion for me? Do you think the “Study Text” that’s included in the core study material is enough?

    • Bryce

      Hi Jolie,

      I would definitely recommend getting the textbooks along with the core study materials (The Classic Self-Study Package). Even if you don’t have time to read every page, they are a great resource you can turn to whenever you need more clarification on a difficult section. It costs $135 more to get all the textbooks and is totally worth it in my opinion.

      Good luck in your studies!
      Bryce

      • Jolie

        Hi Bryce,

        Thank you for your response.
        I totally forgot to mention that I have the 2012 becker’s textbook from my friend. but I think I should still get the textbooks since the becker one is not up-to-date.

        Thank you again.
        This website is just amazing.

        Jolie