Wiley CPAexcel Review

Overview of Wiley CPAexcel Review Course 2017

OVERALL RATING: 

Without Wiley CPAexcel, I would not have been able to pass the CPA Exam on my first try, in less than a year. I was also working 50 hours a week, so I needed a course that would let me study in quick sessions and give me the flexibility I needed with my busy schedule. Let’s dive into my review of Wiley CPAexcel’s course and learn what it has to offer- to see if you too can benefit from this stellar course!

Wiley has three different review course packages: Platinum, Gold, and Silver. The Wiley CPAexcel Platinum course is the most popular version, so that’s the package I will reference throughout my review.

Course snapshot (product details):

  • $2,082 (with Crush discount!)
  • Course access until you pass guarantee
  • Free course updates
  • 12,000 multiple choice practice questions
  • 600 task-based simulations
  • 110+ hours of video lectures
  • 4,000+ digital flash cards
  • Bite-sized (around 30 minute) lessons
  • Built in exam planner
  • Unlimited practice exams
  • Study guides matched to Wiley’s lessons and software
  • Mobile App
  • Online support with subject-expert professors
  • Virtual Classroom Series
  • Focus Notes with acronyms and mnemonics (print and ebook included)

2017 Wiley CPAexcel Course Updates

Wiley has updated its content to reflect some of the changes to the AICPA Blueprints. Also, the content has been analyzed with respect to presentation and assessment to ensure that you are prepared to answer questions at the appropriate cognitive level.

The majority of the changes are structural in nature and the practice exams have been adjusted to mirror the new testlet format of the CPA exam. Below are the improvements made to Wiley’s course, broken down by exam section.

AUD Changes

 

  • Ethics requirements of the Government Accountability Office (GAO) has been updated
  • A section on the ethics rulings of the Public Company Accounting Oversight Board has been added
  • Task-based simulations have been added

 

BEC Changes

 

  • Expanded coverage of the Sarbanes-Oxley’s corporate governance provisions
  • Hedging and Derivatives lesson has been added
  • Several other topics have been added and expanded in Economic Concepts and Financial Management
  • Task-based simulations have been added

 

FAR Changes

 

  • Several lessons have been streamlined and refreshed within the Select Transactions, Events, and Disclosures Topic Area
  • Task-based simulations have been added

 

REG Changes

 

  • Several topics have been added including material on taxpayer penalties
  • The Federal Securities Regulation material has been updated
  • Task-based simulations have been added

What’s Included in Wiley CPAexcel’s Review Course?

Multiple Choice Questions

With a staggering amount of multiple choice questions (12,000 of them!), Wiley offers more practice questions than any other review course on the market. You can also organize how you practice with these questions in dozens of different ways. Keep in mind, however, that you’re probably not going to make it through/need all of these questions!

You will have multiple choice quizzes that are in the exact same computer format as the real CPA Exam. The questions are timed at an average of 2 minutes per MCQ so you will be practicing in the most exam-like conditions. Wiley does a good job at preparing you for the real test format thanks to its aesthetics and layout.

Once you finish your quiz, or run out of time, you will see your grade and the questions you missed. You can then go over the detailed explanations behind your incorrect answers and why you got the question wrong. This helps you target the areas in which you need more practice.

Wiley CPAexcel Test Bank screenshot

Task-Based Simulations

Wiley not only provides you with tons of multiple choice questions, but also includes 600 task-based simulations (TBSs). This is key, as the new CPA Exam that was introduced in April of 2017 is structured so that TBSs make up half of the sections (except for BEC, where TBSs make up 35% of the section).

I remember seeing identical problems on the CPA Exam that I had practiced with in my Wiley CPAexcel review course (with different numbers, of course). Wiley provides you with a significant number of practice sims, so you’ll be well prepared.

Wiley CPA Task Based Simulation (TBS)

Practice Exams

Once you have finished all the coursework, you get to practice with a Simulated CPA Exam that is exactly the same format as the real deal. It is broken down into three separate multiple choice sections and a task-based simulation portion that is timed just like the live exam. At the end of the test, you will receive your grade and a breakdown of which topics you did well on and which ones you need to go back and study.

Wiley CPAexcel not only tells you which questions you missed, but also gives 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 have unlimited practice tests with a bunch of new questions each time you retake this test, giving you the repetition and practice needed to pass the CPA exam.

On top of these practice exams, Wiley provides you with 6,200 true/false questions throughout every section that serve as “proficiency questions.” These help gauge your understanding of a particular section and if you need to spend more time on it.

Flashcards

Wiley CPAexcel comes with 4,200 double-sided digital flashcards containing important definitions and key topics. The platinum course comes with 1,000 printed flashcards to reinforce and improve retention, but the digital ones are great because you can use them anywhere from your phone, tablet, or laptop.

Wiley CPA flashcards from Wiley CPAexcel online

Video Lectures

Wiley’s video lectures are broken down into small 30-45 minute sections that make studying seem less overwhelming. This is great if you have a full-time job and/or children that take up large chunks of your study time. You will be able to go through the 110 hours of video lecture in bite-sized lessons, making it much easier to remember information.

In terms of how engaging the Wiley video lectures are, I found them to be a bit dry in presentation compared to other review courses I’ve tried. This may be preferable to you though, since the info is to-the-point instead of fluffed up with entertainment.

Dashboard/UX

When you first log into Wiley CPAexcel, you will be greeted with a comprehensive study dashboard that lays out the entire plan for your study schedule. The study planner is automated and easy to customize to your time constraints. This flexibility was great for me because study delays became inevitable, as you will soon learn when you begin to prepare for the CPA Exam.

Wiley CPAexcel Online Dashboard

For each section, you will be given a lecture, the corresponding study material, and then exam questions to answer. You will also get the slides from the lectures, more questions to test your proficiency, electronic flashcards, and then access to the CPAexcel Mentored Discussion Forum.

Wiley’s course was a bit confusing at first, but I found it to be user friendly once I spent more time with it. It took me an hour or two to figure out how everything worked, but once I went through the course tutorial and started working with the practice questions, I found that the course was very easy to use!

 

Customer Support

Wiley’s customer support is pretty impressive but not as immediate as I would have liked. You have access to a 24/7 live chat within your course that you can use to get tech support. For technical questions, I would receive a response in seconds to any quick question I had about how to use the course, which helped ease my stress of being initially confused on how to use the software.

Wiley CPA Live Chat

However, for CPA-related questions, the service wasn’t as great as the tech side of things. You can ask the live chat for someone to email questions about the content. Once you email your question, it can take a day or two to get a response via email to your content related question. The most popular questions have already been answered in the student discussion boards, where you can add a new topic to discuss or read archived ones.

 

Course Access and Updates

One of the best parts about Wiley is the unlimited access. When you purchase the course, you will be able to use all of its study tools without having to worry about your course expiring. Plus, you can update your course for free!

You can use the Wiley software from your smartphone (iOS and Android), laptop, and tablet. So feel free to use as many videos, quizzes, and course materials as you want from whatever device you desire, as Wiley works with everything!

What Course Packages Does Wiley CPAexcel offer?

There are three different version of Wiley CPAexcel that you can pursue: Silver, Gold, Platinum. Hands down, Wiley CPAexcel Platinum is the most comprehensive CPA review course on the market. The Silver and Gold packages are not as popular as the Platinum, but you may choose these packages depending on what type of studier you are. Let’s see what’s included in each course!

 Course Package Platinum CPA Review Course Gold CPA Review Course Silver CPA Review Course
Cost $2,450
($825 per part)
$1,850
($625 per part)
$1,700
($575 per part)
Partner Until You Pass Guarantee with free online content & courseware updates until you pass
Online Course Study Materials with text, 7,500 exam questions, 110+ hours video instruction, 450 task-based simulations, 4,000+ digital flashcards and more
Efficient Learning System with bite-sized lessons, exam planner, discussions, unlimited practice exams and more
Study Guides map perfectly to the lessons in the courseware (print and ebook included)
Companion Mobile App with 7,500+ exam questions, available in iOS and Android
Professor Mentoring with online support from subject-expert professors
Virtual Classroom Series with live, online instruction and support
Online Test Bank with additional 4,400 exam questions and 160 task-based simulations
Focus Notes with acronyms and mnemonics (print and ebook included)
Flashcards to reinforce and improve retention (print)
Link to Course Get Started Get Started Get Started

Wiley CPAexcel Discount Codes & Financing Options

Unfortunately, Wiley does not offer any financing plans for its course. However, there are a number of Wiley CPA discount codes available, making this course a better bang for your buck! If you are currently enrolled as a full-time or part-time student, or have graduated within the last 90 days, then you are eligible for the 20% Off Student Discount.

 

Wiley CPAexcel FAQs

Here are the answers to Wiley’s most frequently asked questions!

Q: What resources are available for learning how to use the new course?

A: You can visit Wiley’s Getting Started page. It outlines how to study with the new course in three easy steps: Plan, Study, Assess. You’ll also find a Product Tour videos on the most popular features of the course.

Q: Is the online study material (text, video, practice questions, etc.) the same in both versions?

A: Yes. The content is identical in all versions of the course.

Q: Is the new Wiley CPAexcel course available offline?

A: No. It is only available online. However, the mobile app allows you to study offline. Printed books also come standard with all of the Wiley review course packages for offline study.

Q: I see there are two practice exams, why?

A: The new course features two new practice exams, each designed to mimic the actual CPA Exam with a unique set of questions selected by subject-matter experts. Additionally, you will have unlimited practice exams with questions dynamically pulled from the course. Keep in mind that these are questions you may have seen before while studying.

Q: When will the 2017 CPA Exam content be available?

A: The 2017 CPA Exam began testing in April 2017, so Wiley released updated course content in early 2017.

Q: How can I contact Wiley if I have further questions or feedback.

A: You can contact Wiley here!

 

Wiley CPAexcel vs. Becker

Which CPA review course is better, Wiley CPAexcel or Becker CPA Review? I have used both of these courses extensively and found significant differences worth noting. For starters, Becker is the most expensive course on the market and will cost you $3,393. Wiley, however, is more affordable and can cost anywhere between $1,590 and $2,295, depending on what full course package you purchase.

Wiley also offers better accessibility and updates. Becker’s software expires after 18 months which can end up costing you more money and time. And if you need to renew your access, Becker will charge you 50% of the original course cost. Wiley, on the other hand, gives you unlimited access and free updates.

When it comes to the course content, Becker still falls behind Wiley. Becker’s books are overly fanciful and the reading material is dry and difficult to get through. Wiley breaks apart the information and gives you bite-sized lectures making it much easier to retain all the information. No one can compete with Wiley’s 12,000 multiple choice questions, 600 task based simulations, and 6,200 true/false questions. Becker includes only 7,200 multiple choice questions and 400 task based simulations.

Clearly, the value of Wiley far outweighs Becker, but check out their demos to see which course works best with how you learn! If you want a more detailed comparison, check out my article Wiley CPAExcel vs. Becker CPA Review.

 

Who is Wiley CPAexcel Best For?

Overall, Wiley CPAexcel is a good course that is ideal for you if you have a full-time job, kids, a spouse, or any other serious time commitments in your life. In my opinion, this is the only way to go if you do not have the luxury to devote all your time to the CPA Exam.

I personally used this course and was able to pass all four sections of the CPA exam on my first try in 9 months while also working 50 hours a week. I attribute much of my success to CPAexcel’s bite-sized lectures that made it easier to absorb and retain information. Check out Wiley’s free demo to see if you would benefit from this course like I did!

Wiley CPAexcel Course Information

Wiley CPAexcel Review
Strengths 
1. 20% OFF Wiley CPA Discount Code
2. Exam Identical Software
3. Bite-Sized Topics
4. Multiple Choice Questions
5. Accessibility

 

Wiley CPAexcel
5 / 5 stars