Here at Surgent, we’re committed to being transparent about the claims we make. Continue reading to learn how we calculate our pass rates, hours saved, and more!
1. Pass Rate Calculation
Surgent students who achieve a ReadySCORE of at least 75 across all content areas, topics, and question types (multiple-choice questions and simulations) pass the CPA Exam 88% of the time. All Surgent students, regardless of ReadySCORE or amount of time studied, pass the exam 84% of the time. Scores are solicited from all students, self-reported, and collected using a third party platform.
2. Study Hour Calculations
a. Surgent Hours Until Exam Ready Calculation
Surgent’s hours until exam ready calculation is based on actual observed study time of all Surgent CPA Review students who conclude their studies with a ReadySCORE of 75 or more. Surgent students average 76 study hours on FAR, 46.5 on AUD, 60.5 on REG, and 48.5 on BEC, which leads to an average of 57.8 hours per exam section. Data used for this calculation was captured through June 2019.
b. Competitor Hours Saved Calculation
For other CPA Review providers, average study time was estimated based on the following factors: student watches all videos one time, student reads all textbooks one time (estimate 10 pages/hour), student views each multiple-choice question (MCQ) an average of 2 times (estimate 1.5 minutes/question), and student completes each task-based simulation one time (estimate 20 minutes/question). These assumptions were made based on analyzing competitors’ software and coming to the conclusion that no competitor truly has adaptive technology sophisticated enough to reduce study hours. Therefore, competitors’ students must go through all review course materials to become exam ready. Additionally, over 10,000,000 hours saved was calculated by determining the average hours saved per competitors’ exam review course multiplied by the number of Surgent students who achieved a passing ReadySCORE.
3. ReadySCORE Accuracy
The 94% ReadySCORE accuracy is calculated by correlating students’ ReadySCOREs with their reported CPA Exam scores.
4. Accounting Today Award
Surgent CPA Review’s Premier Pass course was named a Top New Professional Education Product of 2018 by Accounting Today.