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What are hours like in Big 4 Forensics?
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Is it worth it? If you are gonna stick with accounting/tax, I don’t think it’s worth it. If you wanna do finance, then probably yes: at least your candidacy in the CFA program (after you pass level 1) is likely to save you some pretentious cringe-worthy speech on how you are passionate about finance during interviews.
Just sat for Level 1 last week, and now that I’m thinking back on it, I do actually feel kind of like I did coming out of REG. Lol. Tough test for sure.
Generally speaking I would look up to person who has the CFA way more than CPA. It’s harder and takes longer to obtain. And it’s more interesting than accounting imo. But they are for completely different lines of work anyway.
It’s not at the same level, especially for level 2 and 3. I still think CFA is for ppl who have interests in portfolio management. 1&2 will be more than enough for big 4 daily operation. But then if you pass 2 why not continue?
What do you mean by match up? The credentials or the difficulty ?
Passed CFA Level 3 and am a CPA. I’d say that CFA is not necessarily tougher than CPA, it’s just different. I’d say that Level 1 reflects contents from a legitimate BSFin program, while Level 2 MSFin.
I did CPA right out of grad school, I think it really prepares you well for the CFA program’s accounting portion.
As for difficulty, personally speaking, REG was tougher than CFA exams. (However, it should be noted that I did both Accounting and Finance in school, and I performed really well in my finance classes.)
PwC1 - How long did the certifications take you to complete?
I have heard that the CFA is pretty tough.
How did you all get your CFA certification without the experience in accounting? Or, did you quit your accounting jobs and found a job in finance to get the experience requirement?
Senior 1: There’s a colleague of mine who joined Deloitte (corporate finance, Deloitte’s pseudo IB) 2 years ago. Before that, he was an Audit deputy manager w/ PwC. He got his charter last year. So I guess you can write about your audit career in such a way that it counts toward the 4 year requirement.
I think the board consider what you did in audit though. Say if you mainly work in FS and have worked on valuation or impairment stuffs then highly likely to be counted.