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  1. #1
    Registered User PeenutButtah's Avatar
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    Thumbs up Just completed my CPA Designation

    I've been really absent from the misc the past few years as life has started to get busier & busier. Earlier this week however I found out that after 3 long years I finally passed the final exam to complete my CPA designation (chartered accounting), reps all around to celebrate!
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  2. #2
    Registered User Fang2's Avatar
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    Congrats man
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  3. #3
    Registered User dbs25's Avatar
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    Congrats brah! I know from my roommate struggling with this **** just how hard it can be. Best of luck with what's coming next.
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  4. #4
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  5. #5
    Registered User PeenutButtah's Avatar
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    Originally Posted by Fang2 View Post
    Congrats man
    You must spread some Reputation around before giving it to Fang2 again. Thanks man, I'll get you on recharge

    Originally Posted by dbs25 View Post
    Congrats brah! I know from my roommate struggling with this **** just how hard it can be. Best of luck with what's coming next.
    Thanks man! The law degree is next haha, another 2.5 years to go
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  6. #6
    Registered User Notenough22's Avatar
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    Gjdm majored in accounting myself but switched after my junior year.
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  7. #7
    Registered User Getter_done's Avatar
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    How does this all work exactly? Congrats
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  8. #8
    Not a Virgin Ausaric's Avatar
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    Good job bro! Major accomplishment. 3 years is a long time to stick with something and succeed like that. Just know that in your future endeavors you’re able to persevere through challenging times! Best of luck my man, go out there and kill it
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    Congratulations. I'm sure you're glad that part is now over.
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  10. #10
    Registered User PeenutButtah's Avatar
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    Originally Posted by Getter_done View Post
    How does this all work exactly? Congrats
    You work at a firm full time for three years gaining work experience while studying and writing exams during the nights and weekends. The final exam is a three day, 13 hour exam which you take a few weeks off to study for beforehand.
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  11. #11
    Manlet of Steel Exiled93's Avatar
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    Congrats bro. Was on my way for that - took and passed REG but got tired of accounting so I stopped and joined the military lol. RIP $3500 to Becker.

    Chits expensive. At least it's unlimited now I might do it in the future just to have it.
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  12. #12
    Gooner for Life frezKo's Avatar
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    Congrats

    My girlfriend is going to start the CPA process soon when she graduates with her Accounting degree this summer.

    Mind if I ask you some questions about your exp?

    -Was it worth it?
    -How much money are you getting because you got your CPA?
    -How many hours did you have to put into getting your CPA?
    -Did you company help you pay any fees/exams/etc.?
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  13. #13
    Registered User Drhunglow's Avatar
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    Originally Posted by PeenutButtah View Post
    Thanks man! The law degree is next haha, another 2.5 years to go
    Why? What would you do with both? You going to do legal accounting or accounting law?
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  14. #14
    Registered User PeenutButtah's Avatar
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    Originally Posted by frezKo View Post
    Congrats

    My girlfriend is going to start the CPA process soon when she graduates with her Accounting degree this summer.

    Mind if I ask you some questions about your exp?

    -Was it worth it?
    -How much money are you getting because you got your CPA?
    -How many hours did you have to put into getting your CPA?
    -Did you company help you pay any fees/exams/etc.?
    Absolutely worth it, it was a ton of time and energy but the designation is something you'll have forever. Very valuable in a variety of fields outside of accounting as well.

    I would say I put in roughly 10 hours per week outside of work finishing my weekly assignments and studying. A little more during exam times.

    Yes my firm paid for all my CPA fees (~$20,000 over three years). Most firms will do this if you're in public practice, less so if you work in industry.

    Originally Posted by Drhunglow View Post
    Why? What would you do with both? You going to do legal accounting or accounting law?
    Might do tax law or at the very least it'll help get my foot in at a big corporate law firm. No real interest in continuing accounting.
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  15. #15
    Registered User Edged123's Avatar
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    Originally Posted by frezKo View Post
    Congrats

    My girlfriend is going to start the CPA process soon when she graduates with her Accounting degree this summer.

    Mind if I ask you some questions about your exp?

    -Was it worth it?
    -How much money are you getting because you got your CPA?
    -How many hours did you have to put into getting your CPA?
    -Did you company help you pay any fees/exams/etc.?
    He's in Canada so it's different than U.S but I can answer your questions.
    - Most firms pay $5000-$6000 bonus for passing within the first year. Will help in career obviously down the road
    - Est time is between 300 - 400 hrs studying
    - Most firms pay for study material (becker out of pocket) you'll have to pay exam application and testing fees which is around $1300 assuming you pass each exam your first try
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  16. #16
    Registered User PeenutButtah's Avatar
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    Originally Posted by Edged123 View Post
    He's in Canada so it's different than U.S but I can answer your questions.
    - Most firms pay $5000-$6000 bonus for passing within the first year. Will help in career obviously down the road
    - Est time is between 300 - 400 hrs studying
    - Most firms pay for study material (becker out of pocket) you'll have to pay exam application and testing fees which is around $1300 assuming you pass each exam your first try
    Just as a side note he's right, it's true that the Canadian and American CPA programs are completely different, however I had a friend who worked at PWC Manhattan and she received a $10,000 raise but no bonus upon completion of the program. If anyone else is thinking about pursuing their designation and has any questions just pm me & I'd be more than happy to help you.
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