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I'm 15+ years in and never finished cpa. Doing fine. I switched to Advisory track and it doesn't require it.
Same - haven’t needed it. Took the first 2 parts and never bothered with the other 2. 9 years in and doing fine
Because they were too dumb/lazy to pass or they want to leave accounting.
Don’t need it and now the firm is owned by PE. Can you tell me why someone would go to college, major in accounting and then work for a lackluster firm like CLA?
Lolololololololololol ROASTED
Could also be a lack of time if they have a chaotic home life. I have a friend who graduated with me that doesn’t have theirs because they are caring for a parent that suddenly became disabled.
It’s a huge time commitment. If the profession paid well and had good work balance, maybe more people would care to become CPAs. I’m studying for this sh and I know I don’t want to be a CPA for the rest of my life and work like a dog for the rest of my life. I want out of this sh** eventually.
Perhaps the person realized it wasn’t a requirement for their career. It is recommended and beneficial to be sure but not a requirement, especially if you don’t see yourself in PA long term.
Firms that took PE money are not allowing employees to use the CPA designation citing issues with their “alternative structure.” How can those firms now ask employees to become CPA’s? The CEO’s of the firms that took PE money are exiting with an excessive amount of cash and are harming the firm they left behind and the CPA profession.
Why would you go to college and major in accounting then go work for a CPA firm that pays 0% Bonus every year and gives industry level raises or lower?
Because some people arnt ment for the test
Maybe they don't need it for whatever they want to do with the rest of their life.
I passed CPA went to work in Accounting for Large Oil Company, A buddy of mine hired me into IBM Sales spent 22 years as an IBM Salesman. Kept my license in force and switched back over to accounting after being fired.
CPA has value but if you don’t like accounting get out. There is a lot you can do other than accounting.
The CPA designation might help you tiny bit if you ever get fired.
Plenty of reasons. I learn best by doing, not memorizing and regurgitating info, half of which I'll never use again since I'm in tax. I've learned what I need on the job, and in some cases, I have more knowledge than other CPAs and regularly teach and train others. I also had some personal life situations come up after graduating and starting my job that took my attention away from studying. I don't think 3 little letters are worth nearly a year of my personal life outside of work. I am already successful in my career without a piece of paper saying I can sit and study for hours to prove I've learned something.
Ive been trying dang. Why you gotta call me out like that. I didn't need it in my prior jobs now I do. And goodness im like 15 years deep in my career. But without it now I cannot advance. 5 years isn't long really. Life can get busy.