Author Topic: Only a couple weeks away from being a licensed CPA!  (Read 4090 times)

brett2k07

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Only a couple weeks away from being a licensed CPA!
« on: April 20, 2016, 06:21:34 AM »
Perhaps I should also be a poet?

I just finished up the last graduate school class the Board of Accountancy required. I've already passed all four parts of the CPA exam, so I'm just waiting on final grades to post so I can mail off my application to get my license. I'm feeling rather accomplished right about now.

Frugal Lizard

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #1 on: April 20, 2016, 06:27:53 AM »
congratulations - I know what a lot of work it is to get through all the exams - my DH finished his three years ago.  Have a happy tax season!

AmandaS1989

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #2 on: April 20, 2016, 07:44:49 AM »
That's awesome! I have yet to pass all four parts. I did attempt AUD twice (72 & 68) and BEC once (65) but haven't gotten back to studying yet. I want to build up some money for it first instead of just putting it all on a cc like last time.

brett2k07

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #3 on: April 20, 2016, 08:16:07 AM »
That's awesome! I have yet to pass all four parts. I did attempt AUD twice (72 & 68) and BEC once (65) but haven't gotten back to studying yet. I want to build up some money for it first instead of just putting it all on a cc like last time.

Yea, I failed a couple of parts a couple of different times, but finally got them all taken care of. It can be quite pricey, especially if you're having to take the exams multiple times. The best option is to join a firm and let them pay for it. Because my father is a disabled veteran, the VA paid for my exam fees so I didn't have to go that route. Best of luck to you on them in the future!

AmandaS1989

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #4 on: April 20, 2016, 08:18:26 AM »
Fortunately I found a cheap study system that is good. Jeff Elliott's NINJA system is what I'll be using.

Unfortunately I work for a small firm that doesn't pay for materials or fees nor do they reimburse. :(

12thManRI

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #5 on: April 20, 2016, 08:29:29 AM »
Congrats! I finally got mine last month after completing all requirements in November. Depending on your state it can take a few months for everything to process so be prepared for a wait.

Daughn

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #6 on: April 20, 2016, 02:54:26 PM »
Congratulations !

marty998

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #7 on: April 20, 2016, 03:42:08 PM »
That's awesome! I have yet to pass all four parts. I did attempt AUD twice (72 & 68) and BEC once (65) but haven't gotten back to studying yet. I want to build up some money for it first instead of just putting it all on a cc like last time.

Whats the pass mark for you? 75? thats very high.

pass mark is 50 over here. When I was going through it the pass rate was about 70-75% of the cohort. It may have changed since then (4-5 years ago)

AmandaS1989

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #8 on: April 20, 2016, 04:44:33 PM »
Yeah its 75 for us.

RetirementDreaming

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #9 on: April 20, 2016, 05:12:33 PM »
Congratulations!  It was a happy day when I got mine. 

pbkmaine

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #10 on: April 20, 2016, 06:15:54 PM »
It was a great day when I got the license, but you know what? It was a bit of a letdown after that. I had been so focused on the goal, that once I had achieved it, I felt like: "What do I do now?"

Mr. Sharma

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #11 on: April 20, 2016, 06:29:33 PM »
Congrats!  Always a huge accomplishment.

brett2k07

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #12 on: April 21, 2016, 05:55:48 AM »
Thanks, everyone!

It was a great day when I got the license, but you know what? It was a bit of a letdown after that. I had been so focused on the goal, that once I had achieved it, I felt like: "What do I do now?"

Yea, I've been kind of going through that a little bit. I'm gunning for a promotion at work, and my CPA should put me up near the top of the list, but if that doesn't go through I'm kind of like "okay...now what?"

That's awesome! I have yet to pass all four parts. I did attempt AUD twice (72 & 68) and BEC once (65) but haven't gotten back to studying yet. I want to build up some money for it first instead of just putting it all on a cc like last time.

Whats the pass mark for you? 75? thats very high.

pass mark is 50 over here. When I was going through it the pass rate was about 70-75% of the cohort. It may have changed since then (4-5 years ago)

Passing score is 75. Your pass rate is extremely high. Our pass rate generally hovers around 50% with the BEC exam being the outlier. The AICPA releases the pass rates every quarter which you can find here.

MustachianKentuckian

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #13 on: April 21, 2016, 09:06:08 AM »
Way to go!  I know how hard it is!  It's an investment in your career you won't regret (at least financially speaking).

Enjoy all that extra free time you are now going to have from no longer having to study or go to class!

couponvan

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Re: Only a couple weeks away from being a licensed CPA!
« Reply #14 on: April 22, 2016, 07:08:27 AM »
Congratulations!  Getting that CPA is a huge lifetime accomplishment.  Way to go!