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How was the path obtaining your CPA?
What were the requirements and how was the time studying? Materials for free or paid?
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3 answers
Updated
Shilpa’s Answer
Path to Obtaining a CPA in Wisconsin
1. Education Requirements
To sit for the CPA Exam in Wisconsin:
120 credit hours are required to apply for the exam.
These must include 24 semester hours in accounting (beyond introductory level), covering:
Financial accounting
Cost or managerial accounting
Taxation
Auditing
Accounting Information Systems (AIS)
To obtain the CPA license:
You must complete 150 credit hours total, which typically means additional coursework beyond a bachelor’s degree.
2. CPA Exam
The CPA Exam consists of four sections.
You can take them one at a time, but all must be passed within an 18-month rolling window.
3. Experience Requirement
2,000 hours (about one year) of supervised accounting experience is required.
This must be under a licensed CPA and can include various accounting services3.
4. Ethics Exam
Wisconsin requires passing an open-book ethics exam with a minimum score of 802.
Time Spent Studying
Most candidates spend 300–400 hours preparing for all four CPA exam sections.
Study time varies based on background, work schedule, and familiarity with the material.
Study Materials: Free vs. Paid
Paid Options (most common and comprehensive):
Becker, Wiley, Surgent, Gleim, and Roger CPA Review.
These range from $1,500 to $3,000 for full review packages.
Free Resources:
YouTube channels (e.g., Farhat’s Accounting Lectures)
Reddit communities (r/CPA)
Some universities offer free or discounted materials to alumni.
1. Education Requirements
To sit for the CPA Exam in Wisconsin:
120 credit hours are required to apply for the exam.
These must include 24 semester hours in accounting (beyond introductory level), covering:
Financial accounting
Cost or managerial accounting
Taxation
Auditing
Accounting Information Systems (AIS)
To obtain the CPA license:
You must complete 150 credit hours total, which typically means additional coursework beyond a bachelor’s degree.
2. CPA Exam
The CPA Exam consists of four sections.
You can take them one at a time, but all must be passed within an 18-month rolling window.
3. Experience Requirement
2,000 hours (about one year) of supervised accounting experience is required.
This must be under a licensed CPA and can include various accounting services3.
4. Ethics Exam
Wisconsin requires passing an open-book ethics exam with a minimum score of 802.
Time Spent Studying
Most candidates spend 300–400 hours preparing for all four CPA exam sections.
Study time varies based on background, work schedule, and familiarity with the material.
Study Materials: Free vs. Paid
Paid Options (most common and comprehensive):
Becker, Wiley, Surgent, Gleim, and Roger CPA Review.
These range from $1,500 to $3,000 for full review packages.
Free Resources:
YouTube channels (e.g., Farhat’s Accounting Lectures)
Reddit communities (r/CPA)
Some universities offer free or discounted materials to alumni.
Updated
Shannon’s Answer
Hi Nurhy,
I am in Texas so CPA requirements might be a little different but I think Shilpa went into great detail but def look up and confirm the specific requirements for the CPA for your state. For my experience, I was in an integrated program at my university and I was about to knock out 3/4 sections before starting full-time with PwC. For PwC, the firm pays for Becker and gives you 40 hours per year of dedicated study time for the CPA. For my sector, they are rolling out a program over the summer to integrate 2 days per week built into their schedule (if receive approval from their development leader and client schedule allows) and 128 hours to help associates to obtain their CPA which I think is pretty neat.
As for time studying, it really depends on the section and how you study. Currently trying to pass FAR and it's def a beast (at least for me lol) but I know it will all be worth it. Best of luck to you!
I am in Texas so CPA requirements might be a little different but I think Shilpa went into great detail but def look up and confirm the specific requirements for the CPA for your state. For my experience, I was in an integrated program at my university and I was about to knock out 3/4 sections before starting full-time with PwC. For PwC, the firm pays for Becker and gives you 40 hours per year of dedicated study time for the CPA. For my sector, they are rolling out a program over the summer to integrate 2 days per week built into their schedule (if receive approval from their development leader and client schedule allows) and 128 hours to help associates to obtain their CPA which I think is pretty neat.
As for time studying, it really depends on the section and how you study. Currently trying to pass FAR and it's def a beast (at least for me lol) but I know it will all be worth it. Best of luck to you!
Updated
Satya Sesha Sai’s Answer
I am from India and completed my Chartered Accountancy (CA) in 1989, which is similar to the CPA. Achieving this certification was challenging, requiring three years of internship at a public accounting firm. During this time, I worked long hours preparing audit findings, financial statements, and reports, while also studying for difficult exams.
Throughout my training, I stayed busy by reading study materials, attending seminars, and keeping up with the latest business news. I also took a course in operations research and linear programming to boost my confidence. Most of my learning was self-driven, fueled by my passion for the subject.
During exam preparation, I dedicated 8-10 hours a day to studying. Attending seminars helped me understand complex topics faster. I also recommend using local libraries for access to a wide range of books, which can save money.
In today's digital age, many online resources and courses are available. I suggest regularly reading recommended materials, applying your knowledge during internships, and improving your communication skills. Engage with fellow students and professionals to enhance your understanding. The more effort you put in, the greater the rewards in your career.
Lastly, ensure you have adequate funding for your studies to avoid any setbacks. Keep pushing forward, and success will follow.
Best regards.
Throughout my training, I stayed busy by reading study materials, attending seminars, and keeping up with the latest business news. I also took a course in operations research and linear programming to boost my confidence. Most of my learning was self-driven, fueled by my passion for the subject.
During exam preparation, I dedicated 8-10 hours a day to studying. Attending seminars helped me understand complex topics faster. I also recommend using local libraries for access to a wide range of books, which can save money.
In today's digital age, many online resources and courses are available. I suggest regularly reading recommended materials, applying your knowledge during internships, and improving your communication skills. Engage with fellow students and professionals to enhance your understanding. The more effort you put in, the greater the rewards in your career.
Lastly, ensure you have adequate funding for your studies to avoid any setbacks. Keep pushing forward, and success will follow.
Best regards.