Took me 9 months. Worked full-time had no life. Need about 20-25 hours a week to study. I passed all four parts on the first try. FAR-89 BEC-85 REG-84 AUD-81.
Took it 3 times, starting in 1999. Failed all 3 times. Only have a 4 year BA. Work in Corporate Tax for a Fortune 50. Hours aren't bad. Money is great ($150k + pension + LTIs + great healthcare). Moral of the story? You rarely "need" a CPA in the corporate world, with the one exception maybe being a department head. They prize experience and skill set over everything else.
Same here: lived in mom's basement and made studying for the CPA exam my full-time job for 6 months. I had a 2.2 accounting GPA and passed all 4 parts on the first try. Back in 1995, it was only offered twice a year. it was a 2 day, 16 hour exam (4 hours per part) conducted with pencil and paper in a conference room with 100's other people.
When i took the CPA exam over 40 years ago, the exam was 20 hours long. The financial section was 8 hours, and i scored an 86. The theory, audit, and tax sections were 4 hours each, and my scores were 75, 75, and 77 respectively. The CPA designation is worth it. It opens the door to more opportunities during your career than you can imagine.
I agree. The CPA letters, along with other hard to get designations really do help you stand out and shows that you have a level of professional understanding a cut above most.
I was trucking along as a state employee in 2008 making about 45k when the housing crash and recession caused a downsize; I was encouraged to take a buyout, but instead I "recession proofed" myself by putting Becker on a credit card and passed all 4 parts from April to December, while working. (No life, married with kids). Offers started falling out of the sky and now, 15 years later, I am the compliance executive with a roughly 200k salary for a state government agency, running internal audit, grant monitoring, etc. It worked out for me, but your results may vary.
Just subscribed! I remember watching a couple of your videos about a year ago as I was starting my career switch from a lab tech to an accountant (studying for the CPA exams right now!). All your videos are professionally made and highly underrated. Keep up the amazing work, Logan!
It's nice to see more professionals seeing that skills are more important than education. With that, I think CPA's are important and needed if you want to do audit and attestation work. Otherwise, the EA cert is easier (but not easy), give you the same practice rights as a CPA, but is more transferable. Good stuff. I do want to see your view on AI replacing accountants or how to develop jr accountants with the heavy use of AI in accounting.
I think what will happen is CEOs will ramp up the offshoring without any care world before they retire. And then, once they retire, AI will likely be good enough to cause a disruption in the field. Perhaps not enough to outright replace current accounts but enough to cause hiring freezes - doom for potential onshore junior accountants.
Skills are more important…but you need the education to even be considered first and foremost for high level jobs. The hiring managers always check to see that you meet the first basic requirements first…educational level they’re looking at. Don’t play yourself…
Saying that having the CPA gets you higher paying jobs and in the same sentence saying that getting the CPA isn’t necessary is madness. Figure out your goals…if you want to get the high paying accounting jobs in life, you NEED a CPA. Do not play yourself…experience is key but those certificates give you the cut above the rest. I didn’t have to do my Masters after getting the ACCA (British CPA), but it has opened me to the CFO roles that I now currently hold.
Passing the CPA exams is when you study hard,if you can't study or you don't have time for your studies I'd advise you get yourself a help like Mr Dylan
Passing the CPA exams is when you study hard,if you can't study or you don't have time for your studies I'd advise you get yourself a help like Prof Garry
I graduated in 2012, didn’t have enough credits so I did a masters program while working and started studying in 2015. I passed BEC and AUD but life just took over….. now it’s 2024. I’ve been a manager and started my own side practice… looking to try again… I don’t need it necessarily, I’ve been able to make $130k without it… and I tend to stand out with my work compared to those who have CPAs but horrible people skills… my goal is to start a family and switch over to part time consulting and work at a high billing rate. Think the CPA would help me achieve that. And I’d probably want to become an accounting professor later later.
damn boutta be halfway thru community college to transferring to instate university for accounting to become a cpa one day. path doesn’t sound easy but glad i found your channel
I am a CPA in Italy (Dottore Commercialista). The exam is very hard and the program is extremely wide. At the oral exam i was lucky because the examinator asked me what i have been doing at job and i have explained that i don't work in taxes but i do company valuations and he was very kind to ask me field related questions plus some theorical tax principles that i knew. I have thanked him a lot.
Great insight on the EA. Just my experience, the EAs I have worked with have been less full of themselves than the CPAs. They also have more knowledge in the areas of Quickbooks and what to worry about in bookkeeping and what not to worry about. CPAs, in my experience, have missed deadlines, just don't seem to have the knowledge base of the EAs, and are HORRIBLE communicators. Sorry to pee in anyone's cheerios, but this is just what I have experienced in my three companies over the years. There was a time when a CPA told me there was a huge problem in my books and then ghosted me for three weeks while I stressed out about it trying to figure out what I did wrong. When I finally got hold of him, there was no problem. I have NEVER had that experience with the EA's.
Great Video Logan! The Audit function is definitely worth the CPA! Also there are certain services that a CPA can license is needed. Especially in my state when it comes to film credits. CPA can review Financials for a movie and write a comfort letter stating that these expenses were incurred in the GA. This will save the film company substantial time in obtaining there film credits.
so i am 32 and looking at getting my BS in accounting then getting my CPA. I find your videos very informative and enjoy them I was wondering if you think it is worth getting into this busness at my age.
At least one of the big 4 firms has specified in their job postings that the EA is on equal grounds with the CPA and BAR exam (for Tax, at least). Two of the other ones are a little vague on it, and one has made it clear that only the CPA counts (strange world now).
I dont know is it manifesting but i need this , thanks a lot for this next month hopefully i will give my first CPA paper(FAR) I will update you sir 😊 thank you so much
@@SakataGintoki-bz4ix budget will be around USD 5,000, including study materials, but it could vary depending on the location. I took Becker, but you could choose any provider. It's mostly about learning the concepts
I think I'm about to make getting my CPA license my 5 year goal. I have 133 college credit hours, which I can make up in a year. Then I need to get studying. HARD. My mom has been a CPA for 20 years. She said it took over 2,000 hours of studying. If I recall correctly, she said she failed one section of it once. I'm 32. I have a decade of experience in the field. So all I need is the extra education and to pass the exam. Simple, right? ...Right?
Thinking about switching careers from the F&B industry. Was in the culinary arts for.17 years. Meeting with a counsler and my first ever accounting techer next week to talk abour it
Could you make a video talking about the importance of timesheets for employees and public accounting, and how utilization and realization are taken into consideration? Were you at b4?
I have almost 20 years exp in Accounting and finance with no CPA and I am an EA.. I have tried several times CPA exam and failed with 73 then I asked, does it worth? People in general think CPA is a tax preparer.
Just graduated from my masters program and was able to pass 3/4 so far. I start work full time in October(big 4) and will get in one attempt at FAR before then. FAR is so overwhelming honestly
Hi Logan. Loved the video. I am currently going through my CPA exams from India. I would be grateful if you could guide on How international CPA students who have cleared CPA exams can find work for the experience and Licensing requirements. Again. Kudos on providing clarity from your videos regarding CPA. Regards.
I’m at a crossroads. I’ve decided to switch careers at 30. I have no college experience, but I intend to go to college online and get a bachelor’s degree. On one hand, I’ve thought about getting an accounting degree and getting my CPA, to eventually start my own firm, but I wonder if I would be bored of the work? On the other hand, I’ve thought about getting a math degree and taking statistics and becoming an actuary, but that sorta sounds boring too… And (well, there’s no more hands), on one foot, I’ve thought about becoming a lawyer, but I have NO desire to be working 80 hours per week, so I’d want to start my own firm in that too… Choices… Any thoughts?
I personally think that being an actuary will bring you a lot more than accounting. This is coming from an accounting student just about to graduate. I thought this would be a lot different. I wished I had listened when being advised against accounting.
@@The_Dapper_Millennial I did not expect to be so difficult to find an entry-level job, I knew that I would not be making a lot of money in the beginning. I did not expect that so many accounting jobs would be offshored or that you need 3-5 years of experience and a CPA license to make 55k a year. I did not expect employers to be so against teaching a new graduate or giving opportunities since accountants are necessary. I did not expect the expectation that you had to have public accounting experience to get an industry job. I have no time or money to change careers at this point, and I am quite frankly regretting all of my life choices and feeling a little suicidal. I nearly had both of my parents die during my undergraduate years and I ended up losing my dad instead. This impacted my academic performance. Do not become an accountant.
I’m very sorry about your accident. But if you speak more slowly because of it, it helps me understand you better. Thank you very much for your content!
I’m hoping the CPA shifts in the right direction to give it more value. There’s not many of us who have it. Advisory cannot be replaced by AI. Until then. Of course I think about the years of studying could have gone towards something better. But the feedback I hear in every occupation feels the same way lol
"Trust me, I am not that smart. I have to study a long time to understand something." 😂 I can relate! I have a 4.0 gpa and I'm dumb as a stump. Ok, im not that stupid, but definitely no genius. Its all ethic!
So what do you recommend for non CPAs trying to gain new tax clients? Most businesses I approach immediately ask if I'm a CPA, then comes the long talk trying to convince them Im still competent in accounting and tax prep.
Thanks for the brutual honestly. Glad there is CPA that is willing to accept that. Every reason you mentioned is the reason why CPA is not worth it anymore. People love to use it to flex but do not understand the risk to reward is TERRIBLE LOL! I am grateful and blessed I have always kept my self involved in side hustles and those side hustles can sometimes pop off (if scalable of course) and offer you a better life (I value Time Freedom a lot). I guess that must be the entrepreneurial side of me but yeah, I rather grind 1-4 years on side hustles that are scalable then a CPA. That title is diminishing in value and so are some of the programs these colleges offer. I am voting for the new proposed plan for the CPA, it makes it easier and less money out our pockets. Feel bad for those that still got loans to pay off in this day and age and are a CPA....
Should I try and get my cpa? I want to go into FP&A and move up in that industry and I know accounting is a good background to have, however with tax and those factors I’m not sure if that’s all necessary for FP&A. I’m also a horrible test taker.
I want to ask please if you answered me it will be very helpful, I am accounting major with only 6 months accounting experience and other 6 months external audit experience, however, i like investment so I am working now in private equity in a very big bank. but now I want to study for professional certificate and I am confused whether I should take something that is related to private equity like KIA (private equity), or I take something that is for everything like (CFA), or more into my major (CPA) which might help me as well in my job. I know I don’t want to work as an accountant but I might open an external audit office in the future which needs CPA and as a fresh graduate it will be much easier to take it now as i remember lots of stuff and life in general easier for me since there are not much responsibilities.
@@taxtelegraf I just finished my Masters with a focus on taxation. Would you still recommend getting the CPA if my main goal is to start my own practice?
Hey, anyone who wants to chime in, please feel free, looking for advice. I’m in my mid 30s, been a cook for my entire adult life. My student loans have been forgiven (fraudulent school) so I’m looking to go back to school to get out of this hellhole of an industry. Been considering an AAS in accounting since I can do it while working full time. I have kids and a mortgage, so have to at least a lateral move financially (I make $50k). I live in Las Vegas, so not exactly a shortage of private jobs. Has anyone here made a similar change later in life? How did it go? Would you do it again?
Not sure about associates but I got my bachelors from wgu in less than 2 years while stocking shelves, make 50k at my first job. Its fully accredited and you complete it online so i think its worth considering
@@fiftyforty-threemma2924 my company (major casino group) has paid for schooling once you’re in a dept. I’m planning (roughing out still) to get my AAS at community college, transfer into an entry level position, and get my bachelors.
Nice video, in india you need to study 50 hours a week to clear ca, also ca is required in india to get success in accounting and auditing in most of the cases
Hey Logan your videos are really inspiring and I’m watching them as I finish up studying for the CPA exam. I do have a kind of weird question but what hardware do you use? Do you use a laptop and connect it to two different monitors or a desktop!
I got 3 semesters left before I get my bachelors in accounting. I’m planning on my masters and getting my CPA. Should I start studying for my CPA exam now ?
hi just wanted to know how are the job prospects for a cima uk student in management / internal roles in usa ?? and is it possible to get credits for sitting cpa us exam with my cima uk and bachelors??
Stud, question: do you think I can pass the state board exams(during undergrad I usually would score Cs and sometimes Bs on midterm and final exams) Your vlog, thank you for the production
Your outlook for CPAs is depressing. As long as investors rely on audited financial statements I have to believe the CPA designation still carries value. Tax preparation is another story but I’d still rely more on a CPA than an EA.
I feel like the end of your video contradicts your entire video. CPA helps you get more credibility, a better job, foot in the door for jobs you can't even have without it but they need to give you reasons to get a CPA. How is it that job security and better salary are not good reasons to become a CPA?
I just got my cpa is it worth it Hell no 😢 a bad spent $6,000. If you don’t want to be an accountant don’t do it. There are seniors with no cpa making more than me It’s who you know and who’s ass or balls you kiss to
I don't think the CPA is worth it today. The AICPA has ruined the profession. The exam is too easy now, and, like you mentioned, the uniformity of the exam is gone. The AICPA did a terrible job regulating the exclusivity of the CPA. I never understood why someone would become a CPA just to do taxes unless the designation afforded you an exclusive license to perform a particular service. There is no way CPAs should be competing with Jack in the Hat Tax preparers
I don't think the test got easier, I think what happened is that they offshored too many jobs. In my opinion, people in India and the Philippines should not be able to sit for the CPA exam unless they are American, resident or citizens or in a country that already have their own CPA
@taliavelazquez358 you just articulated why I say the AICPA is doing the CPA profession a disservice. No way some chump in Bangladesh should be able to obtain an American credential without being here. Can't do that with law or medicine.
Passing the CPA exams is when you study hard, if you can't study or you don't have time for your studies I'd advise you get yourself a help like Mr Willard.
Took me 9 months. Worked full-time had no life. Need about 20-25 hours a week to study. I passed all four parts on the first try. FAR-89 BEC-85 REG-84 AUD-81.
Congrats!
Hi congratulations..What is the passing score
75 is needed to pass each exam
Which country are you from?
Can you help me with it ?
Took it 3 times, starting in 1999. Failed all 3 times. Only have a 4 year BA. Work in Corporate Tax for a Fortune 50. Hours aren't bad. Money is great ($150k + pension + LTIs + great healthcare). Moral of the story? You rarely "need" a CPA in the corporate world, with the one exception maybe being a department head. They prize experience and skill set over everything else.
Same here: lived in mom's basement and made studying for the CPA exam my full-time job for 6 months. I had a 2.2 accounting GPA and passed all 4 parts on the first try. Back in 1995, it was only offered twice a year. it was a 2 day, 16 hour exam (4 hours per part) conducted with pencil and paper in a conference room with 100's other people.
Salute!
What do you do today?
Shows you can do anything you set your mind to. Very encouraging!
@@Swiftzly I have my own CPA practice
I love this post!
When i took the CPA exam over 40 years ago, the exam was 20 hours long. The financial section was 8 hours, and i scored an 86. The theory, audit, and tax sections were 4 hours each, and my scores were 75, 75, and 77 respectively. The CPA designation is worth it. It opens the door to more opportunities during your career than you can imagine.
Wow! that is amazing! I hope I can be a CPA too one day!
I agree. The CPA letters, along with other hard to get designations really do help you stand out and shows that you have a level of professional understanding a cut above most.
@@NathanLeeCFP ok. Now. Can you afford a girlfriend?
I was trucking along as a state employee in 2008 making about 45k when the housing crash and recession caused a downsize; I was encouraged to take a buyout, but instead I "recession proofed" myself by putting Becker on a credit card and passed all 4 parts from April to December, while working. (No life, married with kids). Offers started falling out of the sky and now, 15 years later, I am the compliance executive with a roughly 200k salary for a state government agency, running internal audit, grant monitoring, etc. It worked out for me, but your results may vary.
Just subscribed! I remember watching a couple of your videos about a year ago as I was starting my career switch from a lab tech to an accountant (studying for the CPA exams right now!). All your videos are professionally made and highly underrated. Keep up the amazing work, Logan!
Thank you for your support and kind words! I hope you do well on those exams!
I have 7 years in experience on public accounting. No cpa… now I’m thinking on getting it
It's nice to see more professionals seeing that skills are more important than education. With that, I think CPA's are important and needed if you want to do audit and attestation work. Otherwise, the EA cert is easier (but not easy), give you the same practice rights as a CPA, but is more transferable. Good stuff. I do want to see your view on AI replacing accountants or how to develop jr accountants with the heavy use of AI in accounting.
I think what will happen is CEOs will ramp up the offshoring without any care world before they retire. And then, once they retire, AI will likely be good enough to cause a disruption in the field. Perhaps not enough to outright replace current accounts but enough to cause hiring freezes - doom for potential onshore junior accountants.
The only thing a CPA can do that's unique is to sign off audit papers. You'd be amazed however just how valuable that one ability does.
Skills are more important…but you need the education to even be considered first and foremost for high level jobs. The hiring managers always check to see that you meet the first basic requirements first…educational level they’re looking at. Don’t play yourself…
Saying that having the CPA gets you higher paying jobs and in the same sentence saying that getting the CPA isn’t necessary is madness. Figure out your goals…if you want to get the high paying accounting jobs in life, you NEED a CPA. Do not play yourself…experience is key but those certificates give you the cut above the rest. I didn’t have to do my Masters after getting the ACCA (British CPA), but it has opened me to the CFO roles that I now currently hold.
can you provide me your email need infromation about CPA UK
The CPA exam is like the final boss of test taking ..and conquering test taking is the ultimate factor of obtaining and retaining knowledge….
I agree! It felt like all of my accounting undergrad/grad classes summed up in 4 exams.
Passing the CPA exams is when you study hard,if you can't study or you don't have time for your studies I'd advise you get yourself a help like Mr Dylan
People keep talking about Dylan all over
TH-cam,he must be a very awesome help.
Yes you're correct but remember heaven helps those who help themselves, try studying if you can't study then get yourself a good help
I studied for months and couldn't pass, I guess passing is a blessing
CPA exam might seem so tough to pass but studying very hard is a very vital skill to win trust me.
Everyone has their own way, Dylan worked for me and studying didn't .
Passing the CPA exams is when you study hard,if you can't study or you don't have time for your studies I'd advise you get yourself a help like Prof Garry
People keep talking about Prof Garry all overTH-cam,he must be a very awesome help
Yes you're correct but remember heaven helps those who help themselves, try studying if you can't study then get yourself a good help
I studied for months and couldn't pass, I guess passing is a blessing
CPA exam might seem so tough to pass but studying very hard is a very vital skill to win trust me.
Everyone has their own way, Garry worked for me and studying didn't .
I graduated in 2012, didn’t have enough credits so I did a masters program while working and started studying in 2015. I passed BEC and AUD but life just took over….. now it’s 2024. I’ve been a manager and started my own side practice… looking to try again… I don’t need it necessarily, I’ve been able to make $130k without it… and I tend to stand out with my work compared to those who have CPAs but horrible people skills… my goal is to start a family and switch over to part time consulting and work at a high billing rate. Think the CPA would help me achieve that. And I’d probably want to become an accounting professor later later.
Do you need people skills in Accounting?
damn boutta be halfway thru community college to transferring to instate university for accounting to become a cpa one day. path doesn’t sound easy but glad i found your channel
I am a CPA in Italy (Dottore Commercialista).
The exam is very hard and the program is extremely wide.
At the oral exam i was lucky because the examinator asked me what i have been doing at job and i have explained that i don't work in taxes but i do company valuations and he was very kind to ask me field related questions plus some theorical tax principles that i knew. I have thanked him a lot.
Great insight on the EA. Just my experience, the EAs I have worked with have been less full of themselves than the CPAs. They also have more knowledge in the areas of Quickbooks and what to worry about in bookkeeping and what not to worry about. CPAs, in my experience, have missed deadlines, just don't seem to have the knowledge base of the EAs, and are HORRIBLE communicators. Sorry to pee in anyone's cheerios, but this is just what I have experienced in my three companies over the years. There was a time when a CPA told me there was a huge problem in my books and then ghosted me for three weeks while I stressed out about it trying to figure out what I did wrong. When I finally got hold of him, there was no problem. I have NEVER had that experience with the EA's.
Thanks for this video man cause it’s kicking my ass
🫡
Keep with it! You've got this!
Congrats on being shouted out in the Accounting Today journal! 🎉
Great Video Logan! The Audit function is definitely worth the CPA! Also there are certain services that a CPA can license is needed. Especially in my state when it comes to film credits. CPA can review Financials for a movie and write a comfort letter stating that these expenses were incurred in the GA. This will save the film company substantial time in obtaining there film credits.
so i am 32 and looking at getting my BS in accounting then getting my CPA. I find your videos very informative and enjoy them I was wondering if you think it is worth getting into this busness at my age.
Oh yes I’m 40 and I got my cpa license through the help of mr dylan
His availability is on t e l e g r a m
@ Mr_ Dylan01
He’s the best when it comes to cpa
@@OliviaAvaradowho is mr dylan? Any link for reference? Thanks
At least one of the big 4 firms has specified in their job postings that the EA is on equal grounds with the CPA and BAR exam (for Tax, at least).
Two of the other ones are a little vague on it, and one has made it clear that only the CPA counts (strange world now).
New sub here! I’m studying for FAR now. Congratulations on completing you exams and getting your license!
hello from Japan
I’m considering to take the test of cpa.
Great Ma’m if you having difficulties passing/getting licensed I advice you to get a help like Prof Garry
I subscribed to questions and answers from him which I studied and saw exactly in the day of my exam
Add digits together for info
what
sapp
+1
agree - I blame the decline of the license on AICPA and TXCPA
I dont know is it manifesting but i need this , thanks a lot for this next month hopefully i will give my first CPA paper(FAR) I will update you sir 😊 thank you so much
You can do it!
Hello bro, I am also thinking of studying cpa, can you tell me the budget and the best Institution to apply
@@SakataGintoki-bz4ix budget will be around USD 5,000, including study materials, but it could vary depending on the location. I took Becker, but you could choose any provider. It's mostly about learning the concepts
I think I'm about to make getting my CPA license my 5 year goal. I have 133 college credit hours, which I can make up in a year. Then I need to get studying. HARD. My mom has been a CPA for 20 years. She said it took over 2,000 hours of studying. If I recall correctly, she said she failed one section of it once.
I'm 32. I have a decade of experience in the field. So all I need is the extra education and to pass the exam. Simple, right?
...Right?
2,000 hours of studying? It should only take 500 at the most.
You can do it!
So nervous. I have a daughter so I'll be being a Mom and working full time AND trying to study.
You can do it!
Everyone has their way,My dylan worked for me and studying didn’t.
His availability is on t e l e g r a m
@ Mr_Dylan01
Really know about him here,am a single father I was got his information from Twitter and am working with him
Thinking about switching careers from the F&B industry. Was in the culinary arts for.17 years.
Meeting with a counsler and my first ever accounting techer next week to talk abour it
Let me know if you have any questions!
Could you make a video talking about the importance of timesheets for employees and public accounting, and how utilization and realization are taken into consideration? Were you at b4?
I have almost 20 years exp in Accounting and finance with no CPA and I am an EA.. I have tried several times CPA exam and failed with 73 then I asked, does it worth? People in general think CPA is a tax preparer.
Just graduated from my masters program and was able to pass 3/4 so far. I start work full time in October(big 4) and will get in one attempt at FAR before then. FAR is so overwhelming honestly
@@nicholasgiunta337 keep it up! You can do it!
Hi Logan. Loved the video.
I am currently going through my CPA exams from India.
I would be grateful if you could guide on How international CPA students who have cleared CPA exams can find work for the experience and Licensing requirements.
Again. Kudos on providing clarity from your videos regarding CPA.
Regards.
Thank you! I have no experience with the international version of the CPA, sorry!
I was told I don't need a CPA certification to work for a tax company. I'm still possibly interested in getting one though.
If you’re having difficulties studying or passing your exams I had advise you to get a help like Prof Dylan
His availability is on tele gram
@ Mr_Dylan01
I’m at a crossroads.
I’ve decided to switch careers at 30.
I have no college experience, but I intend to go to college online and get a bachelor’s degree.
On one hand, I’ve thought about getting an accounting degree and getting my CPA, to eventually start my own firm, but I wonder if I would be bored of the work?
On the other hand, I’ve thought about getting a math degree and taking statistics and becoming an actuary, but that sorta sounds boring too…
And (well, there’s no more hands), on one foot, I’ve thought about becoming a lawyer, but I have NO desire to be working 80 hours per week, so I’d want to start my own firm in that too…
Choices…
Any thoughts?
You don't need an accounting degree/cpa to start your own firm.
I personally think that being an actuary will bring you a lot more than accounting. This is coming from an accounting student just about to graduate. I thought this would be a lot different. I wished I had listened when being advised against accounting.
@@taliavelazquez358What about accounting isn’t what you expected it to be?
@@The_Dapper_Millennial I did not expect to be so difficult to find an entry-level job, I knew that I would not be making a lot of money in the beginning.
I did not expect that so many accounting jobs would be offshored or that you need 3-5 years of experience and a CPA license to make 55k a year.
I did not expect employers to be so against teaching a new graduate or giving opportunities since accountants are necessary.
I did not expect the expectation that you had to have public accounting experience to get an industry job.
I have no time or money to change careers at this point, and I am quite frankly regretting all of my life choices and feeling a little suicidal.
I nearly had both of my parents die during my undergraduate years and I ended up losing my dad instead. This impacted my academic performance.
Do not become an accountant.
Also, the threat of artificial intelligence is looming in this career.
Congrats dear ❤❤❤ lots of best wishess
Hey Logan! How many managers have you seen cry in the busy times?
I’m very sorry about your accident.
But if you speak more slowly because of it, it helps me understand you better.
Thank you very much for your content!
I’m hoping the CPA shifts in the right direction to give it more value. There’s not many of us who have it. Advisory cannot be replaced by AI. Until then. Of course I think about the years of studying could have gone towards something better. But the feedback I hear in every occupation feels the same way lol
"Trust me, I am not that smart. I have to study a long time to understand something."
😂 I can relate! I have a 4.0 gpa and I'm dumb as a stump. Ok, im not that stupid, but definitely no genius. Its all ethic!
Does all big companies requires CPA or only few up
It's been six months since passing thinking I can land a PA job as someone who graduated outside of US. But no luck, still
Not you taking less time to study and getting the same score as me on BEC.
Me, an Econ major, who took 3 weeks.
😆
So what do you recommend for non CPAs trying to gain new tax clients? Most businesses I approach immediately ask if I'm a CPA, then comes the long talk trying to convince them Im still competent in accounting and tax prep.
Are you an EA?
@@taxtelegraf I am also an EA looking to bring in more clients
@@taxtelegraf I'm not, just a regular bachelors degree holding accountant.
@@paulmeek537I feel like the recommendation will be to get a certification. Sounds like it would be worth your time and money.
Can a school degree owner start CPA or can be a CPA licensed in USA,if yes how long does it take.
Thnx
You have to have 150 hours with 30 grad hours of accounting to take CPA exam in most states.
Great video!!
Thanks for the brutual honestly. Glad there is CPA that is willing to accept that. Every reason you mentioned is the reason why CPA is not worth it anymore. People love to use it to flex but do not understand the risk to reward is TERRIBLE LOL! I am grateful and blessed I have always kept my self involved in side hustles and those side hustles can sometimes pop off (if scalable of course) and offer you a better life (I value Time Freedom a lot). I guess that must be the entrepreneurial side of me but yeah, I rather grind 1-4 years on side hustles that are scalable then a CPA. That title is diminishing in value and so are some of the programs these colleges offer. I am voting for the new proposed plan for the CPA, it makes it easier and less money out our pockets. Feel bad for those that still got loans to pay off in this day and age and are a CPA....
Should I try and get my cpa? I want to go into FP&A and move up in that industry and I know accounting is a good background to have, however with tax and those factors I’m not sure if that’s all necessary for FP&A. I’m also a horrible test taker.
@@hypermoose5794 doesn't sound like it'd be worth it
I had advise you to get yourself a help like mr dylan if you’re a horrible test taker then
I met him on tele gram
@ Mr_Dylan01
@@jaxenriquez I had advise you to get yourself a help like mr dylan if you’re a horrible test taker then
I am a fresher completed my graduation recently, even after watching this video I'm still confused that should I go for cpa or not ( from India) 🙂
If you have the credits to sit for the exam, I would do so.
Not worth it i have a cpa snd 7 years experience
Speng 6k on it worst decision ever
I want to ask please if you answered me it will be very helpful, I am accounting major with only 6 months accounting experience and other 6 months external audit experience, however, i like investment so I am working now in private equity in a very big bank. but now I want to study for professional certificate and I am confused whether I should take something that is related to private equity like KIA (private equity), or I take something that is for everything like (CFA), or more into my major (CPA) which might help me as well in my job. I know I don’t want to work as an accountant but I might open an external audit office in the future which needs CPA and as a fresh graduate it will be much easier to take it now as i remember lots of stuff and life in general easier for me since there are not much responsibilities.
How many years in public accounting would you recommend before going into you own solo practice?
@@paulmeek537 I had about 6 years of experience before I went out on my own and felt comfortable.
@@taxtelegraf I just finished my Masters with a focus on taxation. Would you still recommend getting the CPA if my main goal is to start my own practice?
Hey, anyone who wants to chime in, please feel free, looking for advice.
I’m in my mid 30s, been a cook for my entire adult life. My student loans have been forgiven (fraudulent school) so I’m looking to go back to school to get out of this hellhole of an industry.
Been considering an AAS in accounting since I can do it while working full time. I have kids and a mortgage, so have to at least a lateral move financially (I make $50k).
I live in Las Vegas, so not exactly a shortage of private jobs.
Has anyone here made a similar change later in life? How did it go? Would you do it again?
Not sure about associates but I got my bachelors from wgu in less than 2 years while stocking shelves, make 50k at my first job. Its fully accredited and you complete it online so i think its worth considering
@@fiftyforty-threemma2924 my company (major casino group) has paid for schooling once you’re in a dept. I’m planning (roughing out still) to get my AAS at community college, transfer into an entry level position, and get my bachelors.
Nice video, in india you need to study 50 hours a week to clear ca, also ca is required in india to get success in accounting and auditing in most of the cases
@@varungupta6014 do you guys still defecating in public streets in India?
Hey Logan your videos are really inspiring and I’m watching them as I finish up studying for the CPA exam. I do have a kind of weird question but what hardware do you use? Do you use a laptop and connect it to two different monitors or a desktop!
It's a Dell Desktop XPS. You can see it below my desk ok the left side.
how long do you have to be an employee before you can start your own business as a CPA ?
0 Years
@@taxtelegraf nice
I got 3 semesters left before I get my bachelors in accounting. I’m planning on my masters and getting my CPA. Should I start studying for my CPA exam now ?
When are you going to take the test?
hi just wanted to know how are the job prospects for a cima uk student in management / internal roles in usa ?? and is it possible to get credits for sitting cpa us exam with my cima uk and bachelors??
@@S02055 what is CIMA UK? I'm in the US.
Hey Logan, where can I find your tax channel?
Go here: www.youtube.com/@taxtelegraf
There will be a section called "other channel" where you will find the Tax channel.
Thank you!
Stud, question: do you think I can pass the state board exams(during undergrad I usually would score Cs and sometimes Bs on midterm and final exams)
Your vlog, thank you for the production
You can do it!
I'M an ACCA and was wondering if the CPA is worth it
Are you in the US?
@@taxtelegraf no, but I wouldn't moving to if it's worth it.
Hey I didn’t know you went to Tech. My nephew will be starting in the music school in the fall. Any advice for living in Lubbock?
Get a bike! Campus is really big
@@taxtelegraf How did you pivot into tech? Tech field right now is pretty busted. I want to pivot but I think it is too late.
Is CMA USA good certification to go for..
I have no idea! I have no experience with the CMA.
Is it worth it to move to america to pursue masters in accountancy and CPA?????
Maybe?????
The gatekeeping on many professional certifications is out of control.
As you said you just made a perfect score of 75 that's close to the passing marks will I get a good job if I score the same ?
Does the score matter?
No one asks what scores you got on the exams. Passing is the only thing that matters.
You need a 75 to pass. Any more is irrelevant and any less is failure
Your outlook for CPAs is depressing. As long as investors rely on audited financial statements I have to believe the CPA designation still carries value. Tax preparation is another story but I’d still rely more on a CPA than an EA.
It's depressing because it's true
Can't relate - didn't have the luxury to take a year off due to industry change after 26.
I feel like the end of your video contradicts your entire video. CPA helps you get more credibility, a better job, foot in the door for jobs you can't even have without it but they need to give you reasons to get a CPA. How is it that job security and better salary are not good reasons to become a CPA?
@@cprendiville I'm presenting my experience after explaining why it might not be worth it.
Trying to present both side.
There are so many CPAs out there today. The designation has losing its value
@@znh8196 there's actually not enough CPAs.
I've never heard of the EA!
I just got my cpa is it worth it
Hell no 😢 a bad spent $6,000. If you don’t want to be an accountant don’t do it.
There are seniors with no cpa making more than me
It’s who you know and who’s ass or balls you kiss to
Zelma Walks
Is ot possible to study CPA in USA for in an Indian
Anything is possible!
George Rapids
291 Justice Estates
answer: NO
It depends 🫡
Buddy is strange.
Kihn Manors
Seamus Key
I don't think the CPA is worth it today. The AICPA has ruined the profession. The exam is too easy now, and, like you mentioned, the uniformity of the exam is gone. The AICPA did a terrible job regulating the exclusivity of the CPA. I never understood why someone would become a CPA just to do taxes unless the designation afforded you an exclusive license to perform a particular service. There is no way CPAs should be competing with Jack in the Hat Tax preparers
I don't think the test got easier, I think what happened is that they offshored too many jobs. In my opinion, people in India and the Philippines should not be able to sit for the CPA exam unless they are American, resident or citizens or in a country that already have their own CPA
@taliavelazquez358 you just articulated why I say the AICPA is doing the CPA profession a disservice. No way some chump in Bangladesh should be able to obtain an American credential without being here. Can't do that with law or medicine.
Mueller Common
Failed, damnit.
I’m sorry about that,passed mine after contacting Dylan
Contact him ,he can help process your license.
t e l e g r a m
@ Mr_Dylan01
You look too American
Studying after work (public acct) was brutal. Took me forever.
Tyneisha Mazyck
767 Blanda Brooks
Passing the CPA exams is when you study hard, if you can't study or you don't have time for your studies I'd advise you get yourself a help like Mr Willard.
People keep talking about Willard all over
TH-cam, he must be a very awesome help.
Yes you're correct but remember heaven helps those who help themselves, try studying if you can't study then get yourself a good help
I studied for months and couldn't pass, I guess passing is a blessing
CPA exam might seem so tough to pass but studying very hard is a very vital sc. kill to win trust me.
Everyone has their own way, Willard worked for me and studying didn't .