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?
@taxtelegrafКүн бұрын
@@cprendiville I'm presenting my experience after explaining why it might not be worth it. Trying to present both side.
@merc340sr2 күн бұрын
Very few jobs for accounting grads...
@Shackerrrz2 күн бұрын
There is a similar issue here in the UK. The best ambitious university graduates aim for the top tier firms, forced to work outrageous hours for very mediocre pay, and risk getting fired if they fail their ACA exams because they're too busy trying to hit their filing deadlines. So many talented people are fired from the profession and then the firms complain that their remaining staff leave at the first opportunity post-qualifying for industry roles / other careers. The whole thing seems to be a pyramid scheme built on the sweat and grind of talented graduates while partners can often barely type an email.
@raysxdigital27954 күн бұрын
120k year is ideal considering difficulty efforts and money we spent on CPA + there are hell lot of taxes in US so 120K is worth the effort i had offer of 60K USD from USA being CMA and CPA perusing , but i chose Dubai where i got tax free 80K USD . and its lot of savings for me in India so better then USA
@Swagtastic22-r9l4 күн бұрын
Good idea, hire a cpa and pay above average for my business
@SumeetMulay-ot6zs4 күн бұрын
Hi Logan, I'm Sumeet from India I'm thinking of pursuing CMA(US), IS there really a job scope in US or should i pursue EA i can pursue both as of interest so can you please tell the practical situation of CMA in US Please 🙂
@Shuhaib_see5 күн бұрын
Hell what?!?! Am a genZ who attracted to this course 😮 Am I going to get sucked in future ?!
@tanner.bellamy6 күн бұрын
Currently binging the vlogs. I am stealing this idea to help start my content game as well
@taxtelegraf5 күн бұрын
It's a good start!
@tanner.bellamy6 күн бұрын
"Almost the size of the sun" I lost it here 😂
@chaytonfarlee6357 күн бұрын
GAAAARRRRRYYYY! Let’s freakin go Logan! You are killing it!
@taxtelegraf5 күн бұрын
Thanks, Chayton!
@joejackson71408 күн бұрын
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
@taxtelegraf5 күн бұрын
Let me know if you have any questions!
@user-to8bz1rw1u11 күн бұрын
How bad is life as CPA? My mom wants me to go into the career and I am looking into it, but everyone says it a horrible.
@taxtelegraf5 күн бұрын
It's getting better! You just have to find a firm that cares about people over profits.
@julianlee979412 күн бұрын
Hey Logan, you and Gari seem to make a great team! That being said, what's the long-term plan for you, Gari, and the company? Would you promote/partner-up and hire a new preparer (expand the company)? Or wait until Gari moves on to his next big opportunity to hire a new employee (remain boutique)?
@taxtelegraf5 күн бұрын
I'm creating an opportunity for him to level up as much as he wants!
@nicholasgiunta33713 күн бұрын
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
@taxtelegraf13 күн бұрын
@@nicholasgiunta337 keep it up! You can do it!
@MatthewatCourseCareers14 күн бұрын
Hey Logan - We sent you an email about a paid partnership. Did you get a chance to read it yet?
@taxtelegraf14 күн бұрын
Please DM me on LI, I probably deleted your email.
@gpmvtcmdarro14 күн бұрын
I thought this was Canelo😂😂😂😂😂
@tarunpandita426314 күн бұрын
Congrats dear ❤❤❤ lots of best wishess
@pearlivory348316 күн бұрын
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.
@blitzeazy16 күн бұрын
It is not only a US problem. I am from Malaysia and it is the same thing. Low pay, high workload, long hours, compliance heavy, low tolerance for mistakes. Anyone thinking of doing accounting please reconsider. 20 years in accounting and finally decide to leave.
@143Nawin17 күн бұрын
Can a school degree owner start CPA or can be a CPA licensed in USA,if yes how long does it take. Thnx
@taxtelegraf15 күн бұрын
You have to have 150 hours with 30 grad hours of accounting to take CPA exam in most states.
@Tim_Krause17 күн бұрын
Congrats! Welcome to the world of management/leadership. Like any skill it can be learned and it's a great skill!!! Congrats!
@amitozsingh212417 күн бұрын
i feel great that i have subscribed to you ,
@seananderson959817 күн бұрын
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
@RomeoHatesShrimp18 күн бұрын
Huge W
@MoetheCPA18 күн бұрын
is Gary fully Remote? or so you work in same office?
@taxtelegraf18 күн бұрын
@@MoetheCPA Gari is full remote in a different state!
@yoel854318 күн бұрын
@@taxtelegraf Is it hard to train someone remote?
@taxtelegraf18 күн бұрын
@yoel8543 it takes longer but it's not bad
@LoganAllec18 күн бұрын
Hiring is the only way to have a business worth having. Otherwise, you just have a job. It's frankly shocking how many tax biz owners are STILL in production after decades of owning their own firm. The only way to growth and getting one's time back while making more money is to hire quality people.
@MoetheCPA18 күн бұрын
very true, so hard to handle all the things yourself and its boring lots of time
@iancormie991618 күн бұрын
Yhe rnginerring community is the same. University is hell for most Engineering Students and in the end, ine hss to ask if, the effort is worth it.
@ericpaye948719 күн бұрын
CPA here graduates from big 4. I don’t care for accounting but I’m good with the life style it offers. So I do bare minimum for work, I build my own wealth with the rest of my time
@hollowgonzalo432920 күн бұрын
A quick Google search shows that the 150 credit hour requirement became standard around the mid 80's or so exactly around the time period that the last of the boomers would've been graduating college. Now 75% of CPA's are still baby boomers in 2024. Old fuckers pulled up the ladder is what happened.
@taxtelegraf5 күн бұрын
It does feel that way
@mikehansonbryan536520 күн 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).
@loujon19121 күн бұрын
Was the point of this video I’m cute?
@taxtelegraf21 күн бұрын
@@loujon191 🤫
@ltlwatcher21 күн бұрын
Remove the 150 hour requirement. Accounting is not an intelligent profession to begin with.
@taxtelegraf21 күн бұрын
@@ltlwatcher 🤣
@worldtraveler43621 күн бұрын
What is the salary of a CFA
@taxtelegraf21 күн бұрын
No idea
@worldtraveler43621 күн бұрын
@@taxtelegraf I'm from India if I want 70k dollars per month so what course should I persu
@daklord22 күн бұрын
Honestly, it comes down to decades of terrible treatment from Big 4-5 and other major public accounting firms that took their approach as the norm. All the discussions that EVERY student accountant heard as they were studying were true: 1. terrible hours 2. treated like children 3. ridiculously low pay considering the bachelor and designation requirements 4. having to still study while working (even after designation) 5. New emerging industries (like tech) AND old blue collar industries that began to pay just as much or significantly more for less effort and time I'm just surprised the industry didn't collapse sooner. However, the silver-lining is that for people who are still around, many of their salaries have gone up a decent amount because of all this shortage. TLDR you reap what you sow public firms.
@ccagle1792222 күн бұрын
CPA is the prestige credential. A CPA has proven competence through education, continuing professional education, experience, and testing. This is not true for EAs and non-credentialed persons. I have found that CPAs overall are much more ethical than non-CPAs. I have been a CPA since 1971.
@psychickumquat23 күн бұрын
Three things: low pay, poor work life balance, and too clumsy to get a CPA license. First and second are pretty obvious; no one wants to work 60+ hours a work on the regular for slightly more than a similar industry 9-5. Third one baffles me. Why we don't have a federal set of standards for CPA licensing requirements is insane. On top of that, the current procedure for getting a license is expensive and clunky. $1000 just to take some exams isn't money a lot of prospective exam takers have, let alone expensive review courses and material. Until the process is modernized, people will continue to avoid becoming CPAs altogether.
@brettstroder127624 күн бұрын
Can't relate - didn't have the luxury to take a year off due to industry change after 26.
@Naveed_Ali_Apollo25 күн бұрын
I'm doing a bachelor's in accounting, how can I move to the US.
@zachz69926 күн бұрын
An accountant not realizing the profit they make doesn’t match the amount of work they do is the most ironic thing I have ever heard in my fkn life 😂 Also have you ever considered being a model?
@huansmart27 күн бұрын
I was a master of accounting from a top university and a CPA. My 1st big 4 tax job paid me 54K/year in 2019 plus long hours and toxic bosses. I left after 1.5 years for industry. I’ll never go back to public accounting when I have a choice.
@raysxdigital27954 күн бұрын
i worked in Dubai UAE , i came from Paper and pulp industry to Firm and i can relate to your comment very well, Firms culture is painful
@jazzyj66402 күн бұрын
That is not enough. Wtf!
@weiduoduo27 күн бұрын
Did you study accounting as an undergrad as well?
@taxtelegraf27 күн бұрын
Yes!
@fidelcashflow705728 күн бұрын
I live in the metro Atlanta area and just graduated college in December. Then I completed an internship with a public accounting firm which I have 3 really good references from but could not go full time as my dad is a client. Now I have applied to over 60 jobs and had multiple interviews which I thought went really well but can’t find a single one who will take me. There must not be a shortage
@taxtelegraf5 күн бұрын
I've been hearing this from others as well...
@fidelcashflow70575 күн бұрын
@@taxtelegraf any advice? I am starting to lose hope and am considering trade school
@rpmen28 күн бұрын
The dance at the end FTW
@EricaBerry23228 күн бұрын
Cheers you sexy cpa! 😉
@TumboMedia28 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 ?
@taxtelegraf28 күн бұрын
When are you going to take the test?
@skk17529 күн бұрын
Actuary is a better investment A.I career Proof. Sammy Aspiring Actuary
@ReppinCTandATL29 күн бұрын
What kind of CPA software costs 30k?
@taxtelegraf5 күн бұрын
The kind that improves your quality of life.
@skk17529 күн бұрын
Accounting is a dead discipline with the revolution of AI most people are studying Statistics, Economics, Mathematics, Finance, Computer Science, Financial Engineering, Actuarial Science, Physics among other highly Quantitative disciplines. Accounting is not so Quantitative and is extremely boring. Sammy R.G Aspiring Actuary SOA/CAS
@ldmb196629 күн бұрын
Fuck “I was just happy to be in college, not an adult” as someone with a master degree while never getting any experience in accounting and can’t get hired now, this hurts lol.
Пікірлер
😆tAKE the leap .. wait🤔
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.
Very few jobs for accounting grads...
There is a similar issue here in the UK. The best ambitious university graduates aim for the top tier firms, forced to work outrageous hours for very mediocre pay, and risk getting fired if they fail their ACA exams because they're too busy trying to hit their filing deadlines. So many talented people are fired from the profession and then the firms complain that their remaining staff leave at the first opportunity post-qualifying for industry roles / other careers. The whole thing seems to be a pyramid scheme built on the sweat and grind of talented graduates while partners can often barely type an email.
120k year is ideal considering difficulty efforts and money we spent on CPA + there are hell lot of taxes in US so 120K is worth the effort i had offer of 60K USD from USA being CMA and CPA perusing , but i chose Dubai where i got tax free 80K USD . and its lot of savings for me in India so better then USA
Good idea, hire a cpa and pay above average for my business
Hi Logan, I'm Sumeet from India I'm thinking of pursuing CMA(US), IS there really a job scope in US or should i pursue EA i can pursue both as of interest so can you please tell the practical situation of CMA in US Please 🙂
Hell what?!?! Am a genZ who attracted to this course 😮 Am I going to get sucked in future ?!
Currently binging the vlogs. I am stealing this idea to help start my content game as well
It's a good start!
"Almost the size of the sun" I lost it here 😂
GAAAARRRRRYYYY! Let’s freakin go Logan! You are killing it!
Thanks, Chayton!
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!
How bad is life as CPA? My mom wants me to go into the career and I am looking into it, but everyone says it a horrible.
It's getting better! You just have to find a firm that cares about people over profits.
Hey Logan, you and Gari seem to make a great team! That being said, what's the long-term plan for you, Gari, and the company? Would you promote/partner-up and hire a new preparer (expand the company)? Or wait until Gari moves on to his next big opportunity to hire a new employee (remain boutique)?
I'm creating an opportunity for him to level up as much as he wants!
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!
Hey Logan - We sent you an email about a paid partnership. Did you get a chance to read it yet?
Please DM me on LI, I probably deleted your email.
I thought this was Canelo😂😂😂😂😂
Congrats dear ❤❤❤ lots of best wishess
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.
It is not only a US problem. I am from Malaysia and it is the same thing. Low pay, high workload, long hours, compliance heavy, low tolerance for mistakes. Anyone thinking of doing accounting please reconsider. 20 years in accounting and finally decide to leave.
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.
Congrats! Welcome to the world of management/leadership. Like any skill it can be learned and it's a great skill!!! Congrats!
i feel great that i have subscribed to you ,
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
Huge W
is Gary fully Remote? or so you work in same office?
@@MoetheCPA Gari is full remote in a different state!
@@taxtelegraf Is it hard to train someone remote?
@yoel8543 it takes longer but it's not bad
Hiring is the only way to have a business worth having. Otherwise, you just have a job. It's frankly shocking how many tax biz owners are STILL in production after decades of owning their own firm. The only way to growth and getting one's time back while making more money is to hire quality people.
very true, so hard to handle all the things yourself and its boring lots of time
Yhe rnginerring community is the same. University is hell for most Engineering Students and in the end, ine hss to ask if, the effort is worth it.
CPA here graduates from big 4. I don’t care for accounting but I’m good with the life style it offers. So I do bare minimum for work, I build my own wealth with the rest of my time
A quick Google search shows that the 150 credit hour requirement became standard around the mid 80's or so exactly around the time period that the last of the boomers would've been graduating college. Now 75% of CPA's are still baby boomers in 2024. Old fuckers pulled up the ladder is what happened.
It does feel that way
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).
Was the point of this video I’m cute?
@@loujon191 🤫
Remove the 150 hour requirement. Accounting is not an intelligent profession to begin with.
@@ltlwatcher 🤣
What is the salary of a CFA
No idea
@@taxtelegraf I'm from India if I want 70k dollars per month so what course should I persu
Honestly, it comes down to decades of terrible treatment from Big 4-5 and other major public accounting firms that took their approach as the norm. All the discussions that EVERY student accountant heard as they were studying were true: 1. terrible hours 2. treated like children 3. ridiculously low pay considering the bachelor and designation requirements 4. having to still study while working (even after designation) 5. New emerging industries (like tech) AND old blue collar industries that began to pay just as much or significantly more for less effort and time I'm just surprised the industry didn't collapse sooner. However, the silver-lining is that for people who are still around, many of their salaries have gone up a decent amount because of all this shortage. TLDR you reap what you sow public firms.
CPA is the prestige credential. A CPA has proven competence through education, continuing professional education, experience, and testing. This is not true for EAs and non-credentialed persons. I have found that CPAs overall are much more ethical than non-CPAs. I have been a CPA since 1971.
Three things: low pay, poor work life balance, and too clumsy to get a CPA license. First and second are pretty obvious; no one wants to work 60+ hours a work on the regular for slightly more than a similar industry 9-5. Third one baffles me. Why we don't have a federal set of standards for CPA licensing requirements is insane. On top of that, the current procedure for getting a license is expensive and clunky. $1000 just to take some exams isn't money a lot of prospective exam takers have, let alone expensive review courses and material. Until the process is modernized, people will continue to avoid becoming CPAs altogether.
Can't relate - didn't have the luxury to take a year off due to industry change after 26.
I'm doing a bachelor's in accounting, how can I move to the US.
An accountant not realizing the profit they make doesn’t match the amount of work they do is the most ironic thing I have ever heard in my fkn life 😂 Also have you ever considered being a model?
I was a master of accounting from a top university and a CPA. My 1st big 4 tax job paid me 54K/year in 2019 plus long hours and toxic bosses. I left after 1.5 years for industry. I’ll never go back to public accounting when I have a choice.
i worked in Dubai UAE , i came from Paper and pulp industry to Firm and i can relate to your comment very well, Firms culture is painful
That is not enough. Wtf!
Did you study accounting as an undergrad as well?
Yes!
I live in the metro Atlanta area and just graduated college in December. Then I completed an internship with a public accounting firm which I have 3 really good references from but could not go full time as my dad is a client. Now I have applied to over 60 jobs and had multiple interviews which I thought went really well but can’t find a single one who will take me. There must not be a shortage
I've been hearing this from others as well...
@@taxtelegraf any advice? I am starting to lose hope and am considering trade school
The dance at the end FTW
Cheers you sexy cpa! 😉
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?
Actuary is a better investment A.I career Proof. Sammy Aspiring Actuary
What kind of CPA software costs 30k?
The kind that improves your quality of life.
Accounting is a dead discipline with the revolution of AI most people are studying Statistics, Economics, Mathematics, Finance, Computer Science, Financial Engineering, Actuarial Science, Physics among other highly Quantitative disciplines. Accounting is not so Quantitative and is extremely boring. Sammy R.G Aspiring Actuary SOA/CAS
Fuck “I was just happy to be in college, not an adult” as someone with a master degree while never getting any experience in accounting and can’t get hired now, this hurts lol.