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CPA preparation

This is in response to a recent comment asking about how I found time to study for the CPA while working as a full-time auditor. I didn't really have a set plan unlike some individuals. I didn't take the classes, but if a classroom setting helps you focus, then definitely go for it. I spent quite a few hours with the Becker cds, and this gave me more flexibility since I could study when I had time to. In a nutshell, I took about two months to study for FAR, and a month each for Regulation, BEC and Audit. I essentially got back from work around 7-7:30ish and either studied at a Starbucks, in my client location, at the library or at home sometimes. I aimed for about half a lecture a day and probably studied about 5 days a week. I lacked focus so it took me more time to study, so for those of you who actually can focus and not get too distracted, you should be in good shape. I did go out on the weekends to keep my sanity during the studying process, but I tried to stay away from t...

CPA

The Certified Public Accountant, or CPA for short, is an interesting certification. It certifies that you can check beans within a reasonable variance? To become a Certified Public Asshole, sorry, Accountant...one must pass four sections...Financial Accounting , Regulation (Law and Taxes),Business Environment and Concepts (Economics, Cost Accounting) and Audit. Now, I passed it on the first try. Was studying for it painful? I felt the pain towards the end of the fourth exam. The worst part about it was auditing during the day and studying about it at night. That's straight up painful. Now that I have it, what's next? Well, I can't put it on my business card or my email signature because Big 4 firms, or atleast the one I work for, don't allow that. I'm not going to argue against the reasoning because it makes sense. Most clients expect public accountants to have CPAs, so it wouldn't be favorable to the firms to have their employees distinguish themselves from the...