I know what opinions are like, and of course I have one on the subject of CPAExcel. I used CPAExcel beginning in July 2009 to study for all 4 parts of the exam. I finished my undergraduate degree in 1992, so I had been out of school for a few years. I read the study unit, watched the videos, and did all of the practice problems. I followed their program as instructed. I studied for 1 section at a time and I passed each section on the first attempt! Yes there were a few minor mistakes in the text and I too noticed some examples that were a little out of date. But what does it really matter that an example shows you how to translate from a currency that is no longer in use. It shows you how to do the problem. The type of currency is absolutely irrelevant as is the name of the company for a stock purchase! I don't disagree that it should be updated, but it will not prevent you from learning the material.
I just took the CMA Exam and I used Gleim for my review material, I assure you there were many more mistakes in the Gleim material than there were in the CPAExcel material.
As for the videos… I watched them and I thought they helped. A co-worker who also used CPAExcel, at the same time I used the program, got tired of the videos and just read the text and worked problems. He struggled through FAR and REG and had to retake both. The next time around he watched the videos and he passed.
I know that everyone learns differently, but from my experience if a study course gives you plan that has a good track record, it's best not to deviate too much from that plan.
Good luck to all of you who are studying for the Exam! You can do this!!! I passed FAR in April just before my 40th birthday. I have a wife and 2 kids at home. I also have a very demanding job! It was 10 months of very hard work, but it was well worth it!! I no longer have to answer that question with a, “No, I'm not a CPA.” When I am asked now, I say, “Hell yeah I'm CPA!”
For the record, I am not a compensated spokesperson for CPAExcel. They just have a damn good product and I think anyone could benefit from it.
BEC – 84, REG – 78, AUD – 91, FAR – 94
Link: Current CPAexcel Discount Codes