Are you considering a career in accounting? If so, you’re in the right place.
According to a report from the University of Scranton, earning your CPA (Certified Public Accountant) can lead to rapid career advancement and a significant increase in salary. In fact, the report states that there is a $16,910 or 25% increase in salary with a CPA compared to a staff accountant’s compensation.
But that’s not all.
The demand for CPAs is growing, with hiring at public accounting firms jumping 4% in 2020.
So, if you’re ready to take your career to the next level, we’re about to dive into the world of online CPA classes and how they can help you achieve your career goals.
Online CPA classes provide the flexibility and convenience to study at your own pace, making it easier for you to prepare for the CPA exam and earn your certification. So, are you ready to explore the benefits of online CPA classes and how they can propel your accounting career? Let’s get started.
Did you know that Certified Public Accountants (CPAs) earn 10-15% more than their non-certified counterparts?
That’s right!
According to the National Association of State Boards of Accountancy, becoming a CPA not only boosts your earning potential but also opens up a plethora of career opportunities in the accounting field.
But here’s the catch.
The CPA exam is notoriously challenging, and preparing for it requires a significant investment of time and effort.
That’s where online CPA classes come in.
These classes offer a flexible and comprehensive approach to learning, allowing you to prepare for the CPA exam at your own pace and from the comfort of your home.
We’ll delve into the world of online CPA classes, exploring their benefits, how to choose the right one, and some of the top classes to consider. We’ll also provide tips and strategies to maximize your learning and discuss the future of CPA with online classes. So, if you’re considering a career in accounting, read on. This could be the game-changer you’ve been looking for.
Importance of CPA
The CPA certification is more than just a title; it’s a testament to your commitment and expertise in the accounting field. This prestigious credential is recognized across the business environment, opening doors to a variety of career opportunities. From public accounting and corporate finance to tax planning and consulting services, CPAs are in high demand.
Moreover, the journey to becoming a certified public accountant starts with the CPA exam, a rigorous and comprehensive assessment that tests your knowledge and skills in various areas of accounting. Preparing for this exam is a significant step towards a rewarding career, and it’s where online CPA classes come into play. These classes are designed to equip you with the knowledge and skills required to pass the CPA exam and earn your CPA license.
Benefits of Online CPA Classes
Online CPA classes offer a multitude of advantages, making them an ideal choice for many aspiring CPAs. Here are some key benefits:
- Flexibility: Online classes allow you to learn at your own pace and schedule. This flexibility is particularly beneficial for those juggling work, study, and personal commitments. You can access the course materials anytime, anywhere, making it easier to fit your CPA exam prep into your busy schedule.
- Comprehensive Content: Online CPA classes provide a wealth of resources to help you master the CPA exam content. These include video lectures, practice exams, and interactive forums. The classes cover all four sections of the CPA exam: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG).
- Cost-Effective: Online classes often cost less than traditional in-person classes, making them an affordable choice for many students. Plus, you save on commuting costs and other expenses associated with in-person classes.
How to Choose an Online CPA Class
When it comes to choosing an online CPA class, several factors come into play. You need to consider the course content, the availability of study materials, the user-friendliness of the platform, and the support provided. Here are some things to look for:
- Comprehensive Study Materials: Look for courses that offer comprehensive study materials, including video lectures, practice tests, and interactive features. These materials should cover all areas of the CPA exam and be up-to-date with the latest accounting standards and regulations.
- User-Friendly Platform: The online platform should be easy to navigate and use. It should allow you to track your progress, identify your strengths and weaknesses, and adjust your study plan as needed.
- Support: Good online CPA classes offer support to students. This could be in the form of discussion forums, email support, or even one-on-one tutoring. Support is crucial in helping you understand complex topics and answering your questions.
Becoming a CPA is a significant achievement that can open up a world of opportunities in the accounting industry. Online CPA classes can play a crucial role in your CPA journey, offering flexibility, comprehensive content, and cost-effectiveness. So, choose your online CPA class wisely and take a step closer to your dream career.
Top Online CPA Classes to Consider
Becker CPA
Becker is a renowned name in the CPA exam prep industry, known for its comprehensive and well-structured online classes. Becker’s online CPA class offers a robust curriculum that covers all four sections of the CPA exam in depth. What sets Becker apart is its interactive study tools and live webinars, which provide students with a dynamic and engaging learning experience.
Class Features:
- Over 400 skill-building videos that cover a wide range of topics.
- Two mock exams per section to help you gauge your readiness for the actual CPA exam.
- An interactive study planner that helps you manage your study time effectively.
Pros:
- Comprehensive study materials that cover all areas of the CPA exam.
- Live webinars that provide interactive learning experiences.
- Excellent customer support to assist you throughout your CPA exam preparation journey.
Cons:
- Higher price point but offers more live class options and features
Check Becker CPA Class Pricing
Wiley CPA
Wiley CPAexcel stands out for its bite-sized lessons and extensive practice questions. Its online CPA class is designed to make studying manageable and effective, breaking down complex topics into digestible lessons. With Wiley, you can study at your own pace and revisit the materials as many times as you need.
Class Features:
- Over 12,000 practice questions that cover a wide range of topics and difficulty levels.
- More than 500 task-based simulations to help you get a feel for the tasks on the actual CPA exam.
- Unlimited access until you pass the CPA exam, ensuring you have the resources you need, no matter how long your CPA journey takes.
Pros:
- Bite-sized lessons that make studying manageable and less overwhelming.
- Extensive practice questions to reinforce your understanding and application of the CPA exam content.
- Unlimited access to the course materials, giving you the flexibility to study at your own pace.
Cons:
- Some users find Wiley’s platform less intuitive compared to other online CPA classes. This might require a bit of a learning curve to navigate the platform effectively.
How an Online CPA Class Works
Online CPA classes are designed to provide a comprehensive and flexible learning environment for aspiring Certified Public Accountants. These classes are typically hosted on user-friendly platforms that you can access anytime, anywhere, making it easier to fit your CPA exam preparation into your busy schedule.
The core of online CPA classes is the curriculum, which covers all four sections of the Uniform CPA Exam: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). These sections encompass a wide range of topics, from financial accounting and reporting to business administration, managerial accounting, tax preparation, and ethics.
The classes typically include video lectures led by industry experts, which break down complex accounting and business concepts into understandable terms. To reinforce your understanding and application of these concepts, the classes also provide a wealth of practice questions and mock exams that mimic the format and difficulty of the actual CPA exam.
Some online CPA classes go a step further by offering interactive features like live webinars and discussion forums. These features allow you to engage with instructors and fellow students, fostering a collaborative learning environment.
Learn Faster With Online CPA Classes
Online CPA classes are not just about convenience and flexibility; they can also help you learn faster and more effectively. Here are some tips and strategies to maximize your learning in online CPA classes:
Stick to a Study Schedule
Consistency is key when preparing for the CPA exam. Set a study schedule that aligns with your daily routine and stick to it. This could involve studying for a few hours each day or dedicating entire days to specific sections of the CPA exam.
Practice, Practice, Practice
The saying “practice makes perfect” holds true for CPA exam preparation. Make full use of the practice questions, mock exams, and task-based simulations provided in your online CPA class. These resources can help you familiarize yourself with the exam format and improve your problem-solving skills.
Seek Support
If you’re struggling with a concept or a practice question, don’t hesitate to seek support. Reach out to your instructors or engage in discussion forums. Remember, online CPA classes are not just self-study; they are interactive learning environments where you can ask questions and receive guidance.
Use Review Courses
CPA review courses like Surgent, Wiley or Becker offer comprehensive study materials that can help you prepare for the CPA exam. These courses provide a structured study plan, video lectures, practice questions, and other resources to help you master the CPA exam content.
Remember, passing the CPA exam requires a solid understanding of the exam content, effective study habits, and the right resources. With online CPA classes, you can access high-quality study materials and personalized support, setting you on the path to becoming a licensed CPA.
CPA Future With Online Classes
The future of Certified Public Accountant education is increasingly leaning towards the digital realm. Online CPA classes have already revolutionized the way aspiring accountants prepare for the CPA exam, offering unparalleled flexibility and accessibility that traditional classroom settings can’t match. This shift towards online learning is not just a trend, but a response to the evolving needs of students in the modern world.
As we move further into the digital age, the role of technology in our CPA exams and education is set to grow even more. The accounting industry itself is becoming more technologically driven, with advancements in areas like forensic accounting, international accounting, and financial planning. As such, the way we prepare for the CPA exam needs to reflect these changes.
In the future, we can expect to see even more innovative and effective ways to prepare for the CPA exam online. This could include more sophisticated adaptive learning technologies, increased use of interactive elements like webinars and forums, and even virtual reality or augmented reality experiences.
Utilizing Technology in CPA Education
Technology plays a pivotal role in online CPA education. It’s not just about delivering content online; it’s about leveraging technology to create a more personalized, engaging, and effective learning experience.
One of the key ways information technology now is utilized in online CPA classes is through interactive video lectures. These lectures break down complex accounting concepts into digestible segments, often using visual aids and real-world examples to enhance understanding.
Another significant technological advancement in CPA education is the use of adaptive learning algorithms. These algorithms analyze data about your performance on practice questions and adjust your study plan accordingly, focusing on areas where you need improvement. This personalized approach can help you prepare more efficiently for the CPA exam.
Moreover, technology enables the integration of interactive elements like discussion forums and live webinars into online CPA classes. These features foster a collaborative learning environment, allowing you to engage with instructors and fellow students, even from a distance.
Why You Should Become a CPA
Broaden Your Expertise
Becoming a Certified Public Accountant validates your expertise in financial accounting and broadens your skills. With a CPA certification, you’ll be equipped to prepare and analyze your financial reports and statements and perform financial analysis, making you a valuable asset in the accounting industry.
Passing the Uniform CPA Exam
The rigorous process of preparing for the Uniform CPA Exam is a testament to your commitment to the profession. The exam covers a range of topics, including financial accounting and other financial reporting,, auditing, and regulation. Passing it demonstrates your ability to meet high industry standards.
Specialized Roles and Opportunities
The CPA designation can lead to specialized roles such as a forensic accountant or an international accountant. These roles allow you to use your accounting skills in unique and challenging ways, from investigating financial crimes to dealing with global financial regulations.
Adherence to Professional Ethics
As a CPA, you’ll be required to pass an ethics exam, ensuring that you uphold the highest standards of integrity and professionalism in your work.
Career Outlook
CPAs often command higher salaries compared to their non-certified counterparts. They are sought after in accounting firms, small businesses, and large corporations alike. Whether you aspire to become an internal auditor or a financial analyst, the CPA designation can help you achieve your career goals.
Requirements to Becoming a CPA
Becoming a Certified Public Accountant (CPA) is a significant achievement that requires continuing professional education, or CPE credits, and meeting a set of stringent requirements. Here’s a high-level overview of the steps involved:
Education
The first step towards becoming a CPA is obtaining a bachelor’s degree. Most state boards require candidates to have a minimum of a bachelor’s degree in accounting, business administration, or a related field. Some states require additional coursework, bringing the total to 150 semester hours, which is typically more than a standard 4-year bachelor’s degree.
CPA Exam
The Uniform CPA Examination is a comprehensive and challenging exam that tests a candidate’s knowledge and skills in various areas of accounting and business. The exam is divided into four sections: Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR), and Regulation (REG). Candidates must pass all four sections within an 18-month period.
Experience
Most states require aspiring CPA candidates to have some professional work experience in the field of accounting. The specific CPA requirements vary by state, but typically, one to two years of accounting experience under the supervision of a licensed CPA is required.
Ethics Exam
In addition to the CPA exam, candidates must also pass an exam on ethics. This exam tests a candidate’s understanding of the professional code of conduct and ethical standards of the accounting profession.
Licensing
After meeting the education, examination, and experience requirements, candidates can apply for their CPA license through their state’s Board of Accountancy. Some states may have additional requirements, such as a criminal background check.
Becoming a CPA is a rigorous process, but the prestige and opportunities that come with the CPA designation make it a worthwhile endeavor.
Conclusion
Becoming a CPA is a significant achievement that can open up a wide range of career opportunities in the accounting field. It’s a designation that signifies expertise, commitment, and high professional standards. However, the journey to becoming a CPA, particularly passing the Uniform CPA Examination, can be challenging.
Online CPA classes offer a flexible and accessible way to prepare for the CPA exam. They provide comprehensive study materials, from video lectures to practice exams, and leverage technology to create an interactive and personalized learning experience.
Whether you’re a recent graduate or a working professional, online CPA classes can fit into your schedule and learning preferences. With the right online class, effective study strategies, and a commitment to your CPA journey, you can successfully prepare for the CPA exam and take the next step in your accounting career.
FAQs
Online CPA classes typically include a mix of video lectures, reading materials, practice exams, and interactive elements like discussion forums. The content covers all the topics tested in the CPA exam, including financial accounting, managerial accounting, tax preparation, and business law.
The length of time it takes to complete an online CPA class can vary depending on the specific course and your study schedule. However, most students spend several months of CPA exam preparation.
Yes, one of the main benefits of online CPA classes is the flexibility they offer. You can study at your own pace, fitting your CPA exam prep into your schedule as it suits you.
Online CPA classes provide comprehensive study materials that cover all the topics tested in the CPA exam. They also offer practice exams and other resources to help you familiarize yourself with the exam format and identify areas where you need to focus your study efforts.
Many students find online CPA classes to be a valuable resource for CPA exam prep. They offer flexibility, comprehensive study materials, and often cost less than traditional in-person classes. However, the value of an online CPA class can depend on your personal learning style and study habits.
Many online CPA classes do provide access to instructors or tutors. This can take the form of live Q&A sessions, discussion forums, or one-on-one tutoring sessions. However, the level of instructor access can vary between different courses, so it’s worth checking this before you enroll.
Generally, you’ll need a reliable internet connection and a computer or mobile device to access online CPA classes. Some courses may have additional technical requirements or may recommend specific browsers or software for the best learning experience.
Online CPA classes offer many of the same benefits as in-person classes, including comprehensive study materials and access to expert instruction. However, they also offer additional flexibility, as you can study at your own pace and on your own schedule. For many students, this makes online classes a more convenient option.
Bryce Welker is a regular public speaker and contributor to several online publications, including Forbes, Inc.com, and Entreprenuer.com. Bryce is the mastermind behind over twenty different websites devoted to providing people like you with the resources necessary to successfully pass certification examinations.