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Message
re: OT I need help -- Career related
Posted on 1/4/24 at 4:04 pm to Odysseus32
Posted on 1/4/24 at 4:04 pm to Odysseus32
quote:
. Quitting won't get you far
You are practically there. DO NOT QUIT!
Work for it. It's not going to fall out of the sky.
Life #1 - Certified CPA, owns his own company, making bank.
Life #2 - Accountant, too lazy to obtain CPA certification and working 9-5 making money FOR THE CPA.
Posted on 1/4/24 at 4:09 pm to Odysseus32
The exam is an ocean of information but only gets a couple of inches deep (insert joke here).
I was a less than mediocre student but a decent test taker when halfway prepared. I passed the exams in 2003 without much difficulty. Two sections on 1st attempt and others on 2nd sitting. Think positive and may surprise yourself. Having an active CPA license for past 20 years has opened numerous doors.
I was a less than mediocre student but a decent test taker when halfway prepared. I passed the exams in 2003 without much difficulty. Two sections on 1st attempt and others on 2nd sitting. Think positive and may surprise yourself. Having an active CPA license for past 20 years has opened numerous doors.
Posted on 1/4/24 at 4:19 pm to JumpingTheShark
quote:
It’s precisely why
Really is too broad
I do not care about governmental accounting or trust tax
But I can write technical memo for rev rec
Posted on 1/4/24 at 4:24 pm to Odysseus32
quote:
$150k is not nothing. It's $150k.
It’s nothing in terms of the value you’re on the cusp of.
quote:
I appreciate the advice. I don't see myself ever starting my own practice. 4-6 years and dip for an industry role is more where my head is at.
You’re welcome. My advice is a very realistic path to a lot more money but it would take some hard work. You can certainly take the other path and go industry and be happy as well. Either way you need the CPA and it would be a big mistake to stop just short.
Good luck.
Posted on 1/4/24 at 4:28 pm to Odysseus32
Do you enjoy this work? Does it make you happy? Proceed accordingly.
Posted on 1/4/24 at 5:40 pm to Odysseus32
You should become a lion tamer.
Posted on 1/4/24 at 6:52 pm to thelawnwranglers
60% of my FAR exam was governmental which was a monumental waste of my life. Never have and never will work for the fricking government or a non profit.
Posted on 1/4/24 at 7:36 pm to Odysseus32
If you don’t enjoy accounting now, you’re not going to enjoy it later either.
Look into FP&A. You can utilize the accounting skills you have, but it’s far more interesting.
Look into FP&A. You can utilize the accounting skills you have, but it’s far more interesting.
Posted on 1/4/24 at 10:06 pm to Odysseus32
quote:
But I don't just get the money. I then have more responsibility and have to be more readily available to put out fires than a junior staff. Just being realistic
Well, yeah. You won't get paid more to do the same shite. More money in the same field typically demands more scope, scale or responsibility.
I was in exactly the same boat as you. Started in accounting. Couldn't stand it. Wanted more money but couldnt force myself to try that hard. It took a long time to realize I didn't want to avoid more responsibility or work, just didn't want more responsibility in that field.
I ended up leaving and targeting analyst roles in corporate and Ops finance. They don't make great money out of the gate but unlike accounting aren't limited by having or not having a CPA or some other designation.
After making that switch went from about $60k to between $330-$600k (RSU dependent before I get downvotes) over the course of about 10 years. Was able to do that because it was a much broader field where you can plug into almost any part of a business and have impact. Which means you can find a place where the work isn't a grind, where you add value and where you kind of self actualize if that's what's missing.
You don't have to take the same path. But I would definitely advise making a change. If you don't know what you want to do, find something that's more open ended and without the ceiling until you find it.
This post was edited on 1/4/24 at 10:08 pm
Posted on 1/4/24 at 10:22 pm to OysterPoBoy
quote:
I am a controller
It’s comptroller and you not knowing that makes it very doubtful that you are one.
quote:holy shite, you really just tried to be a complete douche and completely embarrassed yourself
by OysterPoBoy
Posted on 1/4/24 at 10:29 pm to Odysseus32
CPA exam is not very difficult. All of the question are multiple choice with pretty easy choices.
Study the night before and get a good nights sleep. Wake up about 2 hours ahead of the exam and have coffee and breakfast.
Stay calm and if you don’t know an answer, always select B. Guarantee that you will pass the exam or my name is not James (Jimmy) Langteaux.
Study the night before and get a good nights sleep. Wake up about 2 hours ahead of the exam and have coffee and breakfast.
Stay calm and if you don’t know an answer, always select B. Guarantee that you will pass the exam or my name is not James (Jimmy) Langteaux.
This post was edited on 1/4/24 at 10:34 pm
Posted on 1/5/24 at 6:24 am to bostitch
quote:
After making that switch went from about $60k to between $330-$600k (RSU dependent before I get downvotes)
F what did I do wrong on my life
OP there is an accountant shortage
Financial Times - Dire Shortage of Accountants
Posted on 1/5/24 at 6:35 am to ugasickem
quote:
Don’t quit if your almost there
Ultimately if you made it through college and a couple years experience- $11k and another year is probably worth getting it done even if it’s not your 40 year career plan.
It’s like dropping out in your senior year- get across the finish line and look at angles to pursue once you clear the benchmark even if it’s not your passion today. You’ve invested a lot, you may as well do the last bit the maximize that ROI
Posted on 1/5/24 at 7:33 am to bostitch
(no message)
This post was edited on 3/13/24 at 11:46 am
Posted on 1/5/24 at 7:40 am to Odysseus32
Finish! Then decide. If you don’t finish, your decision is made.
Posted on 1/8/24 at 8:19 pm to Odysseus32
(no message)
This post was edited on 3/13/24 at 11:43 am
Posted on 1/8/24 at 8:37 pm to Odysseus32
CPA and the CFA two certifications which still hold as much water today as they did 20 years ago. Keep moving forward dude….you won’t regret it
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