The Uniform CPA Exam is widely known as one of the most challenging professional exams, demanding dedication, extensive study hours, and a strong commitment to success. As of 2019, the National Association of State Boards of Accountancy reported a pass rate of just 49.8 percent for California candidates. This means that, on average, more than half of all candidates in the state failed one or more exam sections within the past year. Failing the CPA Exam incurs not only financial costs but also takes a significant emotional toll on candidates. In this updated article, we explore how hiring a coach can make a substantial difference in CPA Exam performance and offer guidance on overcoming common obstacles.
The Emotional Impact of Failing:
CPA candidates are typically highly goal-oriented and accustomed to achieving their objectives through hard work. However, many are unaccustomed to failure and struggle to cope when it occurs. One of the first steps in coaching is to normalize the experience of failure by acknowledging that it is a common part of the journey. This is followed by helping candidates reframe the situation, encouraging them to view failure as an opportunity for growth and self-improvement. Coaches ask thought-provoking questions to help candidates identify ways they might be hindering their own progress and find opportunities to change their behaviors and enhance their results.
Managing Energy and Time:
Many CPA candidates experience exhaustion and burnout due to the demands of studying alongside work and other life responsibilities. Some candidates mistakenly believe that studying more hours will guarantee better results. While investing sufficient time in studying is crucial, it should not come at the expense of self-care. Human brains are not machines; they function optimally with adequate rest and relaxation. To manage energy effectively, candidates should incorporate renewal activities into their schedules, such as exercise, sleep, and quality time with loved ones. Recognizing that studying isn’t just about quantity but also quality is essential.
Creating a Realistic Study Schedule:
Developing a customized study schedule is a critical aspect of CPA Exam preparation. Coaches work with candidates to create schedules that balance the recommended study hours with their life commitments. Honesty is key during this process, as candidates must realistically assess what they can handle. It’s common for candidates to initially craft ambitious study plans that may not align with their actual capacities. Being accountable to the plan is equally important; coaching clients often report their study hours, allowing coaches to track progress. If candidates fall short of their goals, coaches help them explore the underlying reasons, which can range from work-related pressures to personal habits that need improvement.
If you’re struggling to pass the CPA Exam, rather than resorting to buying another review course or investing in additional exam sections, consider the benefits of hiring a coach. A coach can provide valuable support and guidance to help you achieve your CPA Exam goals. Beyond exam success, coaching can encourage personal growth and help you become the best version of yourself in both your professional and personal life. Don’t let the CPA Exam stand in your way—consider hiring a coach today.