Abstract The article presents information related to preparation for the Certified Public Accountant (CPA) accounting practice examination. Basically, there are four reasons for the failure of qualified candidates in the CPA examination in accounting practice: 1. Inadequate preparation 2. Insufficient time 3. Psychological pressure 4. Lack of aptitude. Insufficient time and psychological pressure go hand in hand with inadequate preparation. If a candidate is adequately prepared he will have both of these factors under control. Through practice in solving examination problems against time, under examination room conditions so far as possible, he will have built up his speed of solution to the point where he is confident of his ability to solve the problems within the time limit of the examination. Furthermore, through directed study and diligent application, he will have thoroughly prepared himself in the various types of problems indicated herein. Psychological pressure will be at a minimum, especially after the candidate has overcome the time factor.
H. Daniels (Tue,) studied this question.