AICPA offers official resources for continuing education for practicing accountants. Though you aren’t yet a CPA, you might find these materials helpful while studying for your CPA how much does a cpa cost exam. They are categorized into many of the same topics you’ll work with on the exam, like auditing and financial reporting, and many are free or discounted for AICPA members.

So a company with $5 million in revenue can expect to pay, on average, $2,740 for an audit — less for compiled or reviewed financial statements. The cost of hiring an accountant varies, depending on your company’s needs and the accountant’s expertise and certification. If hiring an account is beyond your budget, consider using an accounting software instead.

CPA Exam Review Course Costs

(Contractor payments involve no tax burden for your business.) This way, your company remains compliant with state, local, and federal tax laws. Look for payroll vendors that regularly update their software to align with the latest legislation, as tax rules and brackets can change. Your payroll software should impose no limits on how often, and for how many employees and contractors, you can run payroll. You should also have access to the full selection of pay schedules, ranging from weekly to monthly. The ability to run several of these schedules for different employee and contractor groups is paramount. They are generally more educated than their peers due to the stringent requirements of the CPA designation.

’ only products with publicly available pricing information and AI features included in the pricing plan as of Dec. 21, 2023, were considered for pricing calculations. Our research team identified these capabilities from vendor websites (as of Dec. 21, 2023) based on their analysis of what users find valuable in or expect from AI-enabled accounting software. Consider an AI accounting software with audit trails to document changes in the accounting books, including reports, expenses, and invoices. The tool’s reconciliation management allows teams the flexibility to select the most appropriate reconciliation method for each account.