CPA exam while in private vs. CPA exam while looking for job in public? - Page 2

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  • #184205
    Anonymous
    Inactive

    Hi everyone,

    I’m having a little dilemma. Since I graduated with my accounting degree 4 years ago, I been working for a private company in the accounting department under a controller. About to have the 150 hrs and begin studying for the CPA exam in a few months. I’ve always had a inner desire to work in public even though I have no public accounting experience. The reason I want to move into public is because I want a challenge and exposure in different areas of accounting that private just will not provide at my current job and I’m just tired of doing the same A/R task everyday in private (I’ve also done other accounting duties like payroll, bank rec, A/P, and maintain general ledger workpapers in the 4 years I’ve been with the company, but now I primarily do A/R work). Honestly I’ve been tired of it for a few years now. Eventhough I’m tired of doing the same boring A/R duties everyday, this job is stress-free, since I’m about to start studying for the exam (which is pretty stressful and exhausting from what I’ve read on this forum), is it a good idea to stick it out at my current job (9-5, stress-free) for another year while studying for the exam (hopefully passing a few parts of the exam or the entire exam by then)?Or is it better to just try to jump into public after 4 years of private accounting while studying for the exam with no guarantee that I will actually get an interview and hired for staff position at a midsize or regional firm (not interesting in BIG 4)?

    My only fear is that since I’ve been in private for some many years that I may pigeon hold myself in private and my opportunity to get in public will pass me by, I’m still young (26 years old) 27 years old in July.

Viewing 16 replies (of 16 total)
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  • #524150
    jlough
    Member

    @OP- I'm going to piggyback on what some of the other posters have said— wait until you have a couple parts of the exam completed to go into public. I know from my experience at a B4, they try to get people started in the fall. That gives you at least 6 months to get a couple of parts done. But definitely start making connections now.

    Also, it is really hard as a first year associate in public to study for the exam. I attempted it and failed miserably. The problem for a lot of people is that not only are you working long hours, but the hours unpredictable. When I was a first year, I thought to myself, OK I'm busy in the winter and then I have all the time in the world to study in the summer. And then I was put on employee benefit plan audits and I was working until 9 pm in July. You just really never can tell what type of engagement you will be placed on.

    F- 7/13- 84
    R- 10/13- 79
    A- 11/13- 99
    B- 1/14- 86

    Licensed in PA- 3/20/2014

    This exam ALMOST defeated me back in 2006-2008, but I came back and WON!

Viewing 16 replies (of 16 total)
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