Is the CPA really all that beneficial to exit PA to a HF/PE Firm as a assistant controller/Senior Fund Accountant?

like
Posting as :
works at
You are currently posting as works at

I’ve never met a person that regretted getting a CPA

likesmart

The irony is there are already plenty of CPA’s i have worked with in both PA and industry via my clients that are garbage at their job. Its just a clear useless/dumb certification outside of being a manager in PA at this point.

I feel like in 10 years the CPA is going to be seen as a dead/useless certification universally and accounting as a profession is going to be disastrously short of people or dead itself.

funny

The average person doesn’t understand accounting and couldn’t tell if you’re “good at your job” so the CPA is the measuring stick everyone outside of accounting uses.

Im likely hiring the one with the cpa when two candidates are presented

like

Depends on the position. All things being equal im taking the CPA. I went from a manager in B4 audit to a midsized shop to a large shop. At the midsize they wouldnt promote you to assistant controller without a CPA. Its not the case everywhere, but you can bet on your competition having their CPA while you don’t

Yes

If you don’t have the most basic accounting license, despite finishing a 4-5 year program, then I’m not hiring you

So what’s your excuse for not being able to pass a licensing exam for your profession? Intelligence? Or you’re lazy and can’t sit down and spend two hours a day to study. Pick your poison but stop making excuses for yourself.

like

Related Posts

For the people who earned the SHRM-CP, did you feel it was worth it? I have an indirect HR position, been applying for more HR focused positions and wondering if this would help. I got the CAPM (certified associate of project management) in December, but that hasn’t really changed things. Would love some opinions before working on another certification!

like

Hi all,

Currently, I am working in TCS and I have offer from CTS. Now, TCS trying to retain me with similar hike offered by CTS.

Is it better to stay back in TCS or move forward with CTS.

I have completed 7.5 years in TCS & my total year of experience is 9.

Please suggest. Thank you!

like

Hey , I need some help ,I am a backend Java dev with 7+yrs of experience, however I am looking for a switch and I do have an interview scheduled with a startup looking for NodeJs+ReactJs , I desperately need to convert this ,what can I do ? Any tips ?

like

I am in the process of finishing up my MBA but considering also getting my SPHR or PHR cert. Is it even worth it or a waste of time and money?

like

Anyone move from agency to consultancy? What is it like? Is the money worth it?

likehelpful

Looking for honest opinions: would you trust career advice from someone who doesn’t necessarily have a background in career coaching but has always been “that friend” that everyone calls for career advice, resumes, salary negotiations etc?
I have a long background in management and have been very successful in climbing the ladder but I would love to start career coaching on the side. Any feedback is helpful!

likeuplifting

Advice on applying to PM jobs with 1yr APM experience?

I’ve been working as an APM at my current company for 1yr, and have basically been doing the work of a full blown PM the entire time. I’ve lead several features from start to finish and made sure to mention in my resume that I have been doing everything a regular PM does. Has anyone ever hired an APM for a PM role or done it yourself? Any tips? Advice?

like

Could someone explain what finance closing process is? I passed CPA and have audit experience but I don’t really understand how industry accounting cycle works :( What does it mean to close the books? Are they referring to 12/31 deadline? Do all JE have to be recorded within this date? How does one close it?

like

What do you wish you had known before becoming a manager?

like

Boston Consulting Group my friend is looking at a role in the Climate & Sustainability practice. Does the PL role require prior consulting experience? I’d imagine so but the job description didn’t mention it.

like

Anyone here started their own government contracting company and subcontracted with other Primes? It’s been something I’m leaning towards as I’ve been building the network for it. I know it’s a bit niche, but would love to hear about other’s experiences.

like

Is IB worth the sacrifice of WLB? Obvious pay is really good but are the prestige and pay worth it if you’re planning on only doing it for a couple years?

Currently working at an IRA with great WLB. Honestly I love my job, the firm, and people I work with.

Also doing MBA part time at a T15 school. Thinking about switching to IB but I’ve done my research and I think I would burn out of IB in two years but I might be ok with that for the opportunities after.

like

I’m in my 4th year at a small plaintiffs’ firm. Past two years I’ve received meager raises (5k) and terrible bonuses (3k). My boss prides himself on allowing me to gain experience so I have more courtroom experience than most attorneys with twice the experience. As I’ve applied for other firms, I’ve been denied interviews based on how my boss is perceived in the community. I’ve gathered professional references from opposing attorneys and other attorneys we work with but still can’t land. Help

like

After staying at hotels as part of work travel, I feel like I really want to be part of this industry going forward. What are some ways to switch to this industry full time? My background is in tech consulting so wondering if being a hotel manager or even owning some small properties is an option for me.

like

Hello Fishes.. Does novartis asks you to do a IBM course before joining? They have asked one of my friend to complete IBM course certification before joining the org.

like

Looking at switching into Sales Engineering. What’s the trajectory look like in this role after 3 years? I might want to switch back into consulting for the leadership role but always wanted to give this SE role a try.

like

Is it possible to switch from a pricing strategy role to a strategy and business development role?

like

Any product managers who wouldn’t mind me DM’ing to ask a few questions? Currently a tech consultant looking to leave consulting and considering PM

like

More Posts

To the lender counsel that forgot to mention they needed original signature pages for a deal that closed early this year and decided to chase and harass me a day before thanksgiving and a day after thanksgiving multiple times. F*ck you. I don’t know what is driving your lack of courtesy but I have represented the same bank before and know their usual original signature requirement.

like

Looking for casual 1-1 sex. Male 32 here any female interested can DM.
No suggestions No judgment needed.
Thanks

likefunny

For those that are home grown (at least 2 levels) into the PPMD level, how has your relationship with juniors that you’ve been close to from the start evolved? Have you had to pull away from them (intentionally or not) or are you just as close? Is the saying “it’s lonely at the top” rung true for you?

like

My favorite song of the week is “The Seasons” by Freedom Fry

Seriously considering adding vegan stuff to my restaurant's menu, I don't have anything against meat except I can't afford it. :( Any ideas on something that doesn't taste like treebark? LOL

like

Is there a planner in New York u admire?

funnylike

Junior Associates - How much student loan debt are you and your peers in these days? A few young partners and counsel at my firm were discussing the student loan moratorium and most of us were convinced we could have paid the majority of our loans off with the bonuses associates got these last two years. But we are all old and when we graduated 150k to 200k was about the max student loan debt people graduated with. So educate me. What is the average student loan debt these days?

like

Hello All .

Received offer letter today from LTI . It’s mentioned in the mail that i will receive BGV mail After acceptance of letter but no mail received till now .

How much days it take to receive that mail ? And can we mention our joining date (early joining) there ?

Thanks !

like

How common is it to get a signing bonus in tech. Does it depend on your level? If so, at what level?

like

Do you guys reward yourself when you see progress? And no, I'm not talking about food 😭

I went from 167 at my highest down to 142ish and got an LV purse to reward myself 🥳 went to the mail room after the gym today and I was stoked haha. Next goal is 130!

Post Photo
likeuplifting

Can one switch from Deloitte India to Deloitte USI ?
If yes, what is the process?

Anyone experienced in wheeling and dealing in fine art? Submitted a piece to Christie’s for an auction estimate about a month ago and since been patiently waiting for some correspondence. Is this typical?

funny

I have recently received an offer from HSBC for Data Engineer profile. The designation offered is Senior Analyst- Information Management. They said that it is a techno functional role. Does anyone have an idea about what techno functional role actually is in HSBC? Is it more like a Business Analyst? My prior experience is completely in Technical side. Will this role be suitable for me?

Any suggestion is highly appreciated. Thank you.

Holding 2 offers. 1 from Accenture and One from Hexaware. Hexaware paying 2lakhs more than Accenture. Which one I Can choose. Accenture taken me for Cloud. Hexaware taken me for Devops. Friends pls suggest. Confused lot

like

Bain & Company Heard MBB offices in Amsterdam have some of the best wlb in europe, anyone working there can confirm?

McKinsey & Company Boston Consulting Group Bain & Company

like

Our senior creative leadership keep talking about winning Cannes Lions and D&AD pencils but none of them have actually won any since 2007 (that’s 14 years 😭 ) and between all three of them they’ve never won more than a couple of silvers, a couple of bronzes and a couple of in-books (that’s with a combined experience of over 60 years 😭). They have no clue 🤣🤣🤣😭😭😭. Tell me something about your agency so that I can feel better about the hell-hole I find myself in🙏

likefunny

Folks - I’m ex-Accenture but not sure how to join the Accenture bowl. Spent two years at ACN... can one of you please DM me the Accenture Bowl invite link or post it here. Much appreciated!

like

Hi all
My friend is a fresher and is in an urgent need of a job in front end developer role
He has a good knowledge and project experience of react and javascript
Any help will be appreciated
Thanks!
Preferred Location - Delhi NCR
Immediate Joining

like

Hello, I’m looking for help filing my tax information for a new job. I’ve been in nyc for close to two decades, and am moving from the city for a new job. I’m wondering what to claim.

like

Additional Posts in Accounting Exit Opportunities

Starting salary for senior in accounting advisory out of NYC (EY FAAS/Deloitte Accounting and Reporting advisory)? Just got an offer for both

like

There is an opportunity that I’m currently interviewing for that is very interesting to me. I’m interviewing two other places but I’m not responding to LinkedIn emails for other positions. The other positions don’t interest me as much. On one hand I don’t want to waste time prepping for all positions and rather put that time only for the ones that I have going on, on the other hand I feel like what is that falls through. Wondering if I’m making the right choice

like

How do I negotiate the salary after I accepted an offer ? Similar firm offered me higher.

like

Anyone have or know of any fully remote opportunities? Assurance/Advisory preferred. I’m an experienced staff in assurance for context. Would love to connect if you can help me out. TIA

like

BDO recruiter reached out for an audit senior position in the DC area. Recommended or not? And why? Insights appreciated!!

likefunny

Anyone have experience as a cost accountant?

like

take job with long commute or stay at b4?

like

Very new to being headhunted by recruiters on LinkedIn, should I be concerned with sending recruiters my resume or anything along those lines if they’ve messaged me?

like

Are people looking to leave when for their LinkedIn title - job title, no company listed in the header or am I over analyzing lol

like

Looking through big 4 transparency salaries… does Baker Tilly just have awful pay for tax or is it just too small of a sample? Why do they pay 10-25% lower than all other firms?

Can anybody speak to how much they pay tax managers MCOL?

like

I've decided to leave public for an Accounting Manager position in private. What are the different types of companies to consider and the pros/cons? What are the best ways to get the position? I'm leaning toward GL accounting at a publicly-traded company. My background is 3.5 years audit and 2.5 years technical accounting advisory.

like

What’s the best way to pivot into data analytics role from accounting/reporting background?

Additionally; what’s the best way to do it from the managerial level (I.e. currently FR Manager).

likefunny

Is applying a few days before the “Apply by” date too late? Do most decisions get made early on/they don’t wait for all applications before interviewing/hiring?

like

HCOL audit SM looking to leave big 4. What should be my comp expectation?

like

Does anyone have any insight into accounting roles at Amazon, particularly in the Arlington/DC area? An Amazon recruiter reached out about accounting roles, but the posts in this bowl are about Seattle. Trying to decide if the culture/wlb/pay is even worth looking into since it sounds like the interview process is intense. Base pay seemed pretty low in other posts, but they were a year old and for Seattle.
Amazon

like

Anyone gone from PA to CBRE ? Do you like it ?

like

Thoughts on going from a national firm to a smaller one with ~200 employees and $65M in revenue? I’m a first year tax manager and can get a 33% raise by going to this firm.

like

Anyone pursued a MSL in Taxation degree? Did it open up additional opportunities? Trying to get into tax planning/structuring but don’t have a JD (not interested in practicing law). Currently CPA/MST.

like

Literally all of my LinkedIn connections are recruiters lmao

likefunny
like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal