CPA Calculators & Excel on the Exam | I Pass the CPA Exam (2024)

Do you have a favorite calculator? I do. I’ve had my calculator since college, and the numbers have faded from use. But when I took the CPA Exam, I left my calculator at home, and you should, too. Can you use a calculator on the CPA Exam? Yes, you can use one. But according to the CPA Exam calculator policy, you must use one that is provided to you at the testing center.

Can You Bring a Calculator to the CPA Exam?

The short answer is “no.”

But, the long answer is “no, but the provided AICPA calculator for CPA Exams will meet all of your calculating needs.”

The Calculator on CPA Exams

If you’re reading this article and you’re starting to panic that you won’t have access to a CPA financial calculator for the exam, don’t worry. I promise you won’t have to work out complicated math equations with your fingers.

When you arrive at the Prometric site on the day of your exam, the staff there will remind you that no outside calculators are allowed on CPA Exams. This policy is for security reasons—I mean, in theory, you could write notes on the back of your calculator or program certain formulas into the memory.

So to be fair, outside calculators aren’t allowed. However, if you ask, the staff at the Prometric site should give you a hand-held 10-key calculator upon request.

Will Prometric Have Calculators?

In theory, every Prometric center should have enough calculators for every test taker who is taking an exam on any given day. If you request one at check-in, the Prometric staff should retrieve one for you. However, some of my readers have warned me that on rare occasions, the Prometric sites run low on CPA Exam calculators.

For that reason, I would arrive early to the Prometric test center to make sure you get a calculator if you want one.

Can You Use the Calculator on the Computer?

Yes—if you want, you can also use the CPA Exam calculator that is built into the computer at the Prometric site. I know this might not be your favorite option, but they are fine as a basic calculator for CPA Exams.

But remember, these calculators are clunky and can be awkward if you’re not used to them. I recommend that you play around with the calculator on your computer while working through your CPA Exam review course and other study materials.

In case the Prometric site runs out of calculators on your exam day, you’ll want to be able to use your computer’s built-in calculator with ease to keep your stress levels low. (And hopefully, to keep your final score high!)

Can You Use Excel on the CPA Exam?

Yes—you’ll have access to an exam version of Microsoft Excel. Some of the functions are limited, but you can still use Excel to do basic math. In fact, Excel can be a great way to make computations when you don’t have access to a calculator. Since you can type out your equations, you can double-check your work to make sure you didn’t enter any incorrect numbers.

Can You Use the Calculator on Your Cellphone?

No—and that’s a big no—you definitely cannot use the calculator that is built into your cellphone. In fact, you can’t use any of your phone’s apps on the CPA Exam. You can’t even take your cell phone into the testing room with you.

When you arrive at the Prometric site on the day of your exam, the staff will ask you to put your personal belongings—including your bag, your purse, and/or your cellphone—in a small storage locker. Your phone will stay there for the duration of the exam period.

Since you can’t use your cell phone on exam day, I suggest that you don’t even use it when you’re studying. Instead, practice with a small 10-key calculator. Or, if you’re using a CPA Exam review course, use the calculating tools in their platform if they closely resemble the ones on the real exam.

How Do I Practice with the CPA Exam Tools?

It’s essential that before you step into the Prometric testing center, you understand how to use all of the calculating tools that you’ll have access to during the CPA Exam. I’m going to make two recommendations.

First, I recommend that you check out AICPA’s website, which includes an explanation of the CPA Exam format. The website includes a short but very informational video about the software used and the functionality of the software’s tools.

Second, I recommend that you study with a CPA Exam review course like Surgent CPA Review, which uses a platform that mimics the real exam. That way, as you study, you can get used to using features like the CPA Exam’s limited version of Excel to do your basic calculations.

CPA Calculators & Excel on the Exam | I Pass the CPA Exam (1)

Whiteboards and Scratch Paper

In addition to requesting a calculator, you will also have access to a small, handheld whiteboard and markers to take notes and do your calculations. Before you start, though, check your markers. And if they are running low on ink, you should ask the Prometric staff for replacements. Also, I suggest putting the cap back on your marker when you finish using it so that it doesn’t dry out.

Some of my readers have purchased small whiteboards and markers to practice with at home while they are studying. This is a good idea if you are prone to any kind of exam-day anxiety at all. Don’t let something as small as a whiteboard trip you up if you can practice beforehand.

Requesting Scratch Paper for the CPA Exam

If you like to use scratch paper and pencils to work out problems, you’ll need to plan ahead. You CAN use scrap paper and pencils, but ONLY if you request this in advance. Email NASBA at candidatecare@nasba.org and make the request at least 2 weeks in advance.

You must include your full name as it appears on your NTS, your full National Candidate ID, your confirmation NTS number, the date/time of your exam, the section of the exam that you are taking, and the address of the Prometric site you will use.

On the day of the exam, the Prometric staff will give you paper and a pencil to use during the exam. You must return the items to the staff when you’ve completed the exam. So, you cannot take the paper with you. In fact, the staff will even count the number of sheets you return. Furthermore, Prometric’s team will compare their count against the number of sheets you were given initially. You know, to ensure you aren’t hiding any sheets in your back pocket :).

Note, though, that if you use scratch paper, you can’t use the Prometric whiteboards.

Best Calculator for CPA Exams

Before you start to laugh at my suggestion that you practice using a hand-held 10-key calculator, hear me out.

Most of us don’t use a small calculator to calculate accounting problems. But that’s what you’ll have access to on the day of the test. So, I suggest you purchase an inexpensive one to use while working through your CPA Exam review course and your practice problems. It takes a little practice to get used to the limited functionality, and you don’t want any surprises or added stress on your CPA Exam day.

CPA Approved Calculator

The AICPA has not endorsed any specific CPA Exam financial calculator. Instead, I suggest you practice with Excel, with the built-in calculator on your computer, and with a small 10-key calculator you can purchase from many office supply retailers.

Other CPA Exam FAQs

While discussing what to bring or not to the CPA Exam, let’s go over some other FAQs.

What Should I Bring to the CPA Exam?

You should bring your NTS (Notice to Schedule) that includes your “examination” password that you’ll enter into the computer to log in to the exam.

You’ll also need two valid forms of ID. Your identification must be current (so no expired IDs will be accepted) and signed. Plus, at least one form must include an up-to-date photo.

What about Your Personal Belongings?

When you get to the Prometric site, you’ll have to place all of your personal belongings, like your bag and cell phone, in a storage locker. The lockers are small, so leave larger items (like a laptop) at home.

What about Medication?

It takes about 4 hours to take just one section of the 4-part CPA Exam. If you need to take medication during that time, you can store your meds in the storage lockers at the Prometric site.

Final CPA Exam Calculator Thoughts

Can you use a calculator on the CPA Exam? Yes, but only the calculators on the computers at the testing center or the calculators provided by Prometric.

Applying for your CPA license involves a lot of hard work and perseverance. If you prepare for the small hiccups along the way—like being familiar with the calculator on the CPA Exam—you will make your journey a lot easier.

If you have questions about any other step to becoming a CPA, from your education down to specific CPA state requirements, I’m here to help. Sign up for my free e-courseand I’ll give you the advice you’ll need to succeed.

CPA Calculators & Excel on the Exam | I Pass the CPA Exam (2024)

FAQs

Do you get real Excel on CPA Exam? ›

Does the CPA Exam use Microsoft® Word and Microsoft® Excel? The CPA Exam uses a spreadsheet application that is similar but not identical to Excel. For more information about the spreadsheet application, click here. To learn more about the CPA Exam's functionality, check out the sample test.

What is the best calculator for the CPA Exam? ›

The CFP Board of Standards requires you to have a calculator with an IRR function and no alphabetic keys. This means your best choices here are the HP 10bII+, the HP 12C, the TI BAII Plus or the TI BAII Plus Professional. Graphing calculators (TI 83 Plus, TI 84 Plus CE) are not acceptable.

Is a 75% on the CPA Exam passing? ›

What is a CPA Exam passing score? The CPA Exam is scored on a scale from 0 to 99, and you must score a minimum of 75 to pass each section. However, the score is not based on a percentage of correct answers.

What is the hardest CPA Exam to pass? ›

The FAR section of the CPA Exam is hard because it's the most comprehensive of the 4 exam sections, and it has a lot of math questions that are mentally taxing to get through. It has the lowest pass rate of all 4 exam sections and is considered the hardest CPA Exam section.

Do you have to be a genius to pass the CPA Exam? ›

The CPA designation is not unattainable. It requires time and taking things one step at a time. You can and will pass if you put your mind to it. As Roger Philipp, CPA, CGMA always says, “The CPA Exam isn't a test of intelligence.

Do Cpas use Excel? ›

Excel is one of the most powerful tools available to accountants, enabling them to track financial data, create reports and make predictions.

Which CPA Exam has the highest pass rate? ›

Over the last three years, BEC has the highest pass rate at 60%+! Which CPA exam section has the lowest pass rate? Over the last three years, the FAR CPA exam has the lowest pass rate with an average of 47%.

What is the easiest section of the CPA Exam to pass? ›

BEC is the only CPA exam section with WCTs. Some students find this makes the exam easier, but some do find WCTs to be harder than TBSs. Either way, BEC is considered the easiest part of the CPA exam because it has the highest pass rate.

What calculator do accountants use? ›

Some of the popular calculators used by accountants include the Texas Instruments BA II Plus, the HP 12C, and the Casio FC-200V.

Is CPA harder than bar? ›

Yes, the CPA Exam is harder than the Bar Exam.

Both the CPA Exam and the Bar exam are notoriously difficult exams that require months of rigorous study and cover very different material. However, if you look at just the exam pass rate for first-time takers, then the CPA exam is harder, with only a 14 - 20% pass rate.

How many times can I fail the CPA? ›

There is no limit as to the number of times you may repeat a failed section. You may take any unpassed section of the CPA Exam year-round. Your only restriction is waiting to receive your score from a previous attempt of the same section.

How many people pass the CPA Exam on the first try? ›

The overall pass rate of the CPA Exam hovers around 50%, but how many people manage to pass all four sections—including three core and one discipline—on the first try? About 20%. Around 1 in 2 people will pass a specific section of the exam, and about 1 in 5 people will pass each section on their first try.

Which state is easy to pass CPA? ›

How to Save Yourself MONTHS of Time and Frustration
StateCredits to SitAccounting Credits to Sit
Florida12030
Georgia120 (B.S.)20
Idaho120 (B.S.)20
Iowa120 (B.S.)24
24 more rows

Is the CPA Exam open book? ›

You will be emailed a link to the examination on the Rules of Professional Conduct after you submit your Application for Issuance of the CPA Certificate, and your work experience is approved. This is an “open book” exam; however, it must be completed and returned within 48 hours of receipt. The passing score is 85%.

How many people never pass CPA Exam? ›

About half of the individuals who take the CPA Exam don't pass on their first attempt. According to the AICPA, the national average pass rate is 45-55%. Cumulative pass rates reported by the AICPA for the calendar year 2021 show that FAR had the lowest pass rate at 44.54% and BEC had the highest pass rate at 61.94%.

What is the spreadsheet tool on the CPA Exam? ›

What is the spreadsheet? The Exam spreadsheet is a tool with a Microsoft Excel-like look and feel. The spreadsheet has the functionality necessary to complete the Exam; however, you are not required to use the spreadsheet to complete any of the Exam questions.

Do you get scratch paper on the CPA Exam? ›

The most common surprises are below: Candidates are NOT given scratch paper and pencils for the exam. Instead, you will have two double-sided, laminated, colored sheets called “noteboards” and a fine-point marker for making notations. Your clothing will be inspected before you are able to enter the test room.

Can my employer see my CPA Exam score? ›

Are CPA Exam scores confidential to employers? Your employer, including your current boss and future employers, cannot request to see your scores. So, even if they write to NASBA, the AICPA, or your state board, they cannot see the results of your exam.

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