The CPA Exam Requires Consistent Studying, Not Cramming
Most CPA candidates do not measure their progress effectively. If you do not measure your performance it is difficult to know which sections of the exam and the CPA study materials that you should focus on. The best strategy is to create an Excel spreadsheet where you document all of the questions that you missed. This will enable you to have a dashboard into your improvement and your weaknesses. As Peter Drucker, the famous management consultant once said “what gets measured gets managed.” The same of course applies to measuring your CPA performance on the cpa exam questions.
The key with completing all of the CPA study material is consistency. Most CPA candidates will find that they run out of study time because they took off a few days. These candidates try to cram in all of the CPA study material into the last week before the exam and in many cases the last night before the exam. Although cramming might work in University and most students are accustomed to receiving decent marks after a night of cramming for an exam, it usually does not work for the CPA exam. The volume of material on the CPA exam is far greater than the average university exam. Most people do not have the short term memory needed to cram the whole cpa study guide a few nights before the exam.
It is far easier for most CPA candidates to spend three or four hours per day on a consistent basis for 30 days rather than trying to cram in 100 hour weeks of intense study.
Creating the right study schedule is something that is based on individual preferences. If you’re coming out of University you should have a good idea of how much material you can tackle on any given night. Since you’ve most likely written over 100 exams during college or university you should have a good idea of your study habits.