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.
@adeyemiolaogun4512Ай бұрын
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.
@voxterh.6166
Ай бұрын
Congrats!
@prabakarks6683
Ай бұрын
Hi congratulations..What is the passing score
@adeyemiolaogun4512
Ай бұрын
75 is needed to pass each exam
@SakataGintoki-bz4ix
Ай бұрын
Which country are you from?
@harkritsingh1994
Ай бұрын
Can you help me with it ?
@NathanLeeCFPАй бұрын
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.
@HBPrince2012
7 күн бұрын
@@NathanLeeCFP ok. Now. Can you afford a girlfriend?
@jerrie_CPAАй бұрын
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!
@taxtelegraf
Ай бұрын
Thank you for your support and kind words! I hope you do well on those exams!
@FundzterАй бұрын
Thanks for this video man cause it’s kicking my ass
@taxtelegraf
Ай бұрын
🫡
@msjennlove1
Ай бұрын
Keep with it! You've got this!
@conradboyle3399Ай бұрын
Great video!!
@LuisPerez-fc3xr14 күн бұрын
Congrats on being shouted out in the Accounting Today journal! 🎉
@testadelcomputer1839Ай бұрын
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.
@XiluxaryАй бұрын
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?
@wannabedal-adx458Ай бұрын
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.
@dazzlenovak7519
Ай бұрын
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.
@greenlightstudios3816
Күн бұрын
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.
@kallummckee6046Ай бұрын
Hello from Canada , as a soon to be accounting student I really enjoy your videos.
@mikehansonbryan5365Күн бұрын
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).
@stevenbartell8065Ай бұрын
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.
@krishnsingh5477
9 күн бұрын
Wow! that is amazing! I hope I can be a CPA too one day!
@yimb843729 күн бұрын
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.
@amitozsingh2124Ай бұрын
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
@taxtelegraf
Ай бұрын
You can do it!
@SakataGintoki-bz4ix
Ай бұрын
Hello bro, I am also thinking of studying cpa, can you tell me the budget and the best Institution to apply
@amitozsingh2124
3 күн бұрын
@@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
@NathanEsparza-OrtegaАй бұрын
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!
@taxtelegraf
Ай бұрын
It's a Dell Desktop XPS. You can see it below my desk ok the left side.
@newmhelemishАй бұрын
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.
@yaratzedalamosantiago512816 күн бұрын
I have 7 years in experience on public accounting. No cpa… now I’m thinking on getting it
@set1117Ай бұрын
agree - I blame the decline of the license on AICPA and TXCPA
@saharalasmari83323 күн бұрын
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.
@Kryptik33Ай бұрын
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?
@taxtelegraf
Ай бұрын
You don't need an accounting degree/cpa to start your own firm.
@marcmadnersho16 күн бұрын
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
@alonshalit5778Ай бұрын
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
@taxtelegraf
Ай бұрын
You can do it!
@stacy984Ай бұрын
The CPA exam is like the final boss of test taking ..and conquering test taking is the ultimate factor of obtaining and retaining knowledge….
@taxtelegraf
Ай бұрын
I agree! It felt like all of my accounting undergrad/grad classes summed up in 4 exams.
@HTX_SonАй бұрын
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?
@taxtelegraf
Ай бұрын
Get a bike! Campus is really big
@dazzlenovak7519
Ай бұрын
@@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.
@jyotiwadhwani3386Ай бұрын
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) 🙂
@msjennlove1
Ай бұрын
If you have the credits to sit for the exam, I would do so.
@TumboMedia9 күн бұрын
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 ?
@taxtelegraf
8 күн бұрын
When are you going to take the test?
@mmn___575624 күн бұрын
Is CMA USA good certification to go for..
@taxtelegraf
23 күн бұрын
I have no idea! I have no experience with the CMA.
@pixeldragon6387Ай бұрын
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?
@fiftyforty-threemma2924
Ай бұрын
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
@pixeldragon6387
Ай бұрын
@@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.
@anantlahoti7064Ай бұрын
Hey, what do you think about pursuing CPA with no prior experience in accounting and being a fresher?
@taxtelegraf
Ай бұрын
I'm not sure what a fresher is but you can pass anything with enough studying.
@anantlahoti7064
Ай бұрын
@@taxtelegraf being a fresher means a student who has no prior experience kn accounting and who is new to accounting.
@paulmeek537Ай бұрын
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.
@taxtelegraf
Ай бұрын
Are you an EA?
@yoel8543
Ай бұрын
@@taxtelegraf I am also an EA looking to bring in more clients
@paulmeek537
Ай бұрын
@@taxtelegraf I'm not, just a regular bachelors degree holding accountant.
@Zeitlerchasedbybear
Ай бұрын
@@paulmeek537I feel like the recommendation will be to get a certification. Sounds like it would be worth your time and money.
@varungupta6014Ай бұрын
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
@HBPrince2012
7 күн бұрын
@@varungupta6014 do you guys still defecating in public streets in India?
@mikehawk833820 күн бұрын
Hey Logan, where can I find your tax channel?
@taxtelegraf
20 күн бұрын
Go here: www.youtube.com/@taxtelegraf There will be a section called "other channel" where you will find the Tax channel. Thank you!
@harkritsingh1994Ай бұрын
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 ?
@taxtelegraf
Ай бұрын
Does the score matter?
@msjennlove1
Ай бұрын
No one asks what scores you got on the exams. Passing is the only thing that matters.
@badart3204
Ай бұрын
You need a 75 to pass. Any more is irrelevant and any less is failure
@RomeoHatesShrimpАй бұрын
Not you taking less time to study and getting the same score as me on BEC. Me, an Econ major, who took 3 weeks.
@taxtelegraf
Ай бұрын
😆
@mustafasolanki454323 күн бұрын
Is it worth it to move to america to pursue masters in accountancy and CPA?????
@taxtelegraf
22 күн бұрын
Maybe?????
@TheskyhorseАй бұрын
I'M an ACCA and was wondering if the CPA is worth it
@taxtelegraf
Ай бұрын
Are you in the US?
@Theskyhorse
Ай бұрын
@@taxtelegraf no, but I wouldn't moving to if it's worth it.
@CandiosdАй бұрын
I just dont get all these "marketing" and "econ" majors. Accounting is the CORE ROOT for all these subjects, and people from these modern-day politically biased, infested subjects in colleges make fun of us accountants, and look down on the accounting majors. Once you become an accountant, you see the world for what it is.
@coloursoftherainbow8399
Ай бұрын
Accounting is great but who will do the marketing for you and the jobs that the Econ majors do? I think Econ they take you into a lot of jobs although it has little applicability as a subject work wise unless you work at a very high level like jobs Phds do but because of the math and technical nature they get to go into things like Data Science and Statistical jobs and other types so it's a reasonable degree. Marketing is needed but I can kind of agree because they can basically take anyone that has a reasonable education and train them in marketing in-house.
@brettstroder12765 күн бұрын
Can't relate - didn't have the luxury to take a year off due to industry change after 26.
@greensbossАй бұрын
answer: NO
@taxtelegraf
Ай бұрын
It depends 🫡
@HTX_SonАй бұрын
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.
@taxtelegraf
Ай бұрын
It's depressing because it's true
@misterj313323 күн бұрын
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
Пікірлер: 116
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.
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.
@voxterh.6166
Ай бұрын
Congrats!
@prabakarks6683
Ай бұрын
Hi congratulations..What is the passing score
@adeyemiolaogun4512
Ай бұрын
75 is needed to pass each exam
@SakataGintoki-bz4ix
Ай бұрын
Which country are you from?
@harkritsingh1994
Ай бұрын
Can you help me with it ?
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.
@HBPrince2012
7 күн бұрын
@@NathanLeeCFP ok. Now. Can you afford a girlfriend?
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!
@taxtelegraf
Ай бұрын
Thank you for your support and kind words! I hope you do well on those exams!
Thanks for this video man cause it’s kicking my ass
@taxtelegraf
Ай бұрын
🫡
@msjennlove1
Ай бұрын
Keep with it! You've got this!
Great video!!
Congrats on being shouted out in the Accounting Today journal! 🎉
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.
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?
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.
@dazzlenovak7519
Ай бұрын
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.
@greenlightstudios3816
Күн бұрын
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.
Hello from Canada , as a soon to be accounting student I really enjoy your videos.
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).
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.
@krishnsingh5477
9 күн бұрын
Wow! that is amazing! I hope I can be a CPA too one day!
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.
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
@taxtelegraf
Ай бұрын
You can do it!
@SakataGintoki-bz4ix
Ай бұрын
Hello bro, I am also thinking of studying cpa, can you tell me the budget and the best Institution to apply
@amitozsingh2124
3 күн бұрын
@@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
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!
@taxtelegraf
Ай бұрын
It's a Dell Desktop XPS. You can see it below my desk ok the left side.
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.
I have 7 years in experience on public accounting. No cpa… now I’m thinking on getting it
agree - I blame the decline of the license on AICPA and TXCPA
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.
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?
@taxtelegraf
Ай бұрын
You don't need an accounting degree/cpa to start your own firm.
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
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
@taxtelegraf
Ай бұрын
You can do it!
The CPA exam is like the final boss of test taking ..and conquering test taking is the ultimate factor of obtaining and retaining knowledge….
@taxtelegraf
Ай бұрын
I agree! It felt like all of my accounting undergrad/grad classes summed up in 4 exams.
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?
@taxtelegraf
Ай бұрын
Get a bike! Campus is really big
@dazzlenovak7519
Ай бұрын
@@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.
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) 🙂
@msjennlove1
Ай бұрын
If you have the credits to sit for the exam, I would do so.
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 ?
@taxtelegraf
8 күн бұрын
When are you going to take the test?
Is CMA USA good certification to go for..
@taxtelegraf
23 күн бұрын
I have no idea! I have no experience with the CMA.
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?
@fiftyforty-threemma2924
Ай бұрын
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
@pixeldragon6387
Ай бұрын
@@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.
Hey, what do you think about pursuing CPA with no prior experience in accounting and being a fresher?
@taxtelegraf
Ай бұрын
I'm not sure what a fresher is but you can pass anything with enough studying.
@anantlahoti7064
Ай бұрын
@@taxtelegraf being a fresher means a student who has no prior experience kn accounting and who is new to accounting.
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.
@taxtelegraf
Ай бұрын
Are you an EA?
@yoel8543
Ай бұрын
@@taxtelegraf I am also an EA looking to bring in more clients
@paulmeek537
Ай бұрын
@@taxtelegraf I'm not, just a regular bachelors degree holding accountant.
@Zeitlerchasedbybear
Ай бұрын
@@paulmeek537I feel like the recommendation will be to get a certification. Sounds like it would be worth your time and money.
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
@HBPrince2012
7 күн бұрын
@@varungupta6014 do you guys still defecating in public streets in India?
Hey Logan, where can I find your tax channel?
@taxtelegraf
20 күн бұрын
Go here: www.youtube.com/@taxtelegraf There will be a section called "other channel" where you will find the Tax channel. Thank you!
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 ?
@taxtelegraf
Ай бұрын
Does the score matter?
@msjennlove1
Ай бұрын
No one asks what scores you got on the exams. Passing is the only thing that matters.
@badart3204
Ай бұрын
You need a 75 to pass. Any more is irrelevant and any less is failure
Not you taking less time to study and getting the same score as me on BEC. Me, an Econ major, who took 3 weeks.
@taxtelegraf
Ай бұрын
😆
Is it worth it to move to america to pursue masters in accountancy and CPA?????
@taxtelegraf
22 күн бұрын
Maybe?????
I'M an ACCA and was wondering if the CPA is worth it
@taxtelegraf
Ай бұрын
Are you in the US?
@Theskyhorse
Ай бұрын
@@taxtelegraf no, but I wouldn't moving to if it's worth it.
I just dont get all these "marketing" and "econ" majors. Accounting is the CORE ROOT for all these subjects, and people from these modern-day politically biased, infested subjects in colleges make fun of us accountants, and look down on the accounting majors. Once you become an accountant, you see the world for what it is.
@coloursoftherainbow8399
Ай бұрын
Accounting is great but who will do the marketing for you and the jobs that the Econ majors do? I think Econ they take you into a lot of jobs although it has little applicability as a subject work wise unless you work at a very high level like jobs Phds do but because of the math and technical nature they get to go into things like Data Science and Statistical jobs and other types so it's a reasonable degree. Marketing is needed but I can kind of agree because they can basically take anyone that has a reasonable education and train them in marketing in-house.
Can't relate - didn't have the luxury to take a year off due to industry change after 26.
answer: NO
@taxtelegraf
Ай бұрын
It depends 🫡
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.
@taxtelegraf
Ай бұрын
It's depressing because it's true
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