{ "media_type": "text", "post_content": "Is there a reason why my career advisor always asks me if I passed my cpa exam? Is it because so the firm can charge the client more?", "post_id": "61e5a1b12a6235002d310eb7", "reply_count": 18, "vote_count": 6, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting", "feed_type": "crowd" }

Is there a reason why my career advisor always asks me if I passed my cpa exam? Is it because so the firm can charge the client more?

likefunny
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Because they're a good career advisor

likesmartupliftinghelpful

can't go past experienced senior without CPA. Also, we take licensure into account when giving raises / bonuses.

likeupliftingsmarthelpful

How does one work at BDO a and not know this one?

like

What level are you? You cannot advance to certain levels without a license, so maybe that’s a consideration.

likesmart

And here u are thinking it is due to selfish reasons

like

Typical for promotion purposes

likesmart

As a career advisor, we are asked about our advisees CPA status and your plan to get it done. Part of being an advisor is to help an advisees prioritize the CPA exam. In our GROW meeting, CPA status is the first question for each advisor to address.

like

Because it sounds like he cares about you developing and that’s a big step in your career in this industry.

like

Wish mine asked me that lol. Mine has never brought it up once

like

Even on a tax team where some of us have a JD and little/no formal accounting training, we still talk about it. There are always exceptions to the rule, but completing the CPA builds credibility on multiple levels. If you haven’t done it at a certain point it could mean it may be a blocker to promotion or a symptom of some bigger issue (poor time management, lack of commitment, lack of “grit”, etc.)

like

Well and there’s the whole Enrolled Agent option, but I wouldn’t recommend to anyone to try to do that instead of a CPA.

In addition to all the reasons noted above, they are expected to know and asked in larger performance discussions. They must not write it down or remember or want an update on your progress. This is very very standard

like

Everyone is right saying you’ll likely need it for senior/manager depending on your firm. But also, it only gets harder to pass as you get more responsibilities and are farther from your classes. So some of it might be the firm has seen a lower pass rate in people that delay the exams so they want people to pass asap.

like

I had an awesome Senior in audit that put off taking the exam. She did not pass in her third year as Senior and transferred to recruiting. She is now a Director and leads out National Diversity Recruiting. She would have made Partner in Audit.

likeuplifting

Because it’s like a golden ticket in accounting lol.

like

Probably relevant to compensation as well

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