CPA, CIA, CISA, Crazy… what next?

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  • #198794
    mystical guy
    Member

    I have 4 degrees and a couple certifications – CIA, CPA, CISA. I was wondering if anyone could recommend the next intellectual challenge I could pursue?

    I have heard that the CFA is becoming “obsolete.” The CMA focuses on Management Accounting, the CFP & CFE are both a joke. Any suggestions for getting a certification that will challenge me, keep me busy when I come home from 9 hour Audit job, and improve my earnings potential in the future?

    Much appreciated….

    CPA - Since 2015
    CISA - Smashed 2012
    CIA - Passed 2015

Viewing 15 replies - 1 through 15 (of 39 total)
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  • #750504
    Skynet
    Participant

    Netflix, Hulu Plus, Amazon Prime.

    Try and tell me that trying to Binge Watching for 24 hrs straight is not a challenge.

    AUD - 90
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    World Domination Plan

    Phase I : Pass CPA Exams - Complete
    Phase II : Megan Fox - In Progress
    Phase III : Megan Fox & Scarlett Johansson Lingerie Pillow Fight
    Phase IV : Form the new Charlie's Angels with Megan Fox, Scarlett Johansson, & Gal Gadot
    Phase V : TBD

    BEC : 78
    REG : 87
    FAR : 84
    AUD : 90

    World Domination Plan

    Phase I : Pass CPA Exams - Complete
    Phase II : Megan Fox - Initiated
    Phase III : Bring back 8-Tracks
    Phase IV : Megan Fox & Scarlett Johansson Lingerie Pillow Fight
    Phase V : TBA

    #750505
    mystical guy
    Member

    @Skynet haha. Yes, that's a good one. I have my plasma TV sitting outside in my second vehicle. Never bothered to bring it into the house because I gave up on TV. But, who knows, maybe I'll get back to it.

    CPA - Since 2015
    CISA - Smashed 2012
    CIA - Passed 2015

    #750506
    ohiostategirlcpa
    Participant

    The CMA might be a challenge, or a graduate degree: MBA, PhD/DBA, etc.

    F91 A95 R90 B94
    CMA since 2015
    (Gleim books/PDFs, MCQs, SIMS)

    #750507
    fuzyfro89
    Participant

    Intellectual challenge, or advancing your career? Many things can provide intellectual challenge. Take some classes online in a new area. Teaching. Learn a new hobby or a new skill (welding, carpentry, painting, electrician, plumbing).

    Certifications won't advance your career, unless it's a pivot (new skill set outside your area of core competency). For example, working toward CFA could show you understand and interpret financials, valuation, advanced corp finance, etc. Since your current skillset is presumably in audit/tax/accounting, this is an advantage. A CMA may be nice, but doesn't really add much that you don't have today.

    Can you elaborate on what you're trying to achieve? Maybe I'm just misunderstanding your post?

    #750508
    monikernc
    Participant

    IFRS certification may be fun for you. XBRL? These will be quick and don't start with a C but they may add something extra with a twist. analytics?
    Why is CFE a joke?

    AUD - 93
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    How have you been?
    Ninja book and MCQs and the forum, all first try! 2016
    Licensed State of Montana April Fool’s Day 2020
    State of Colorado June 2020 - AICPA Ethics 93
    Experience was the worst part of the journey for me. You?
    If you want things to change you have to do something different.

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    if you want things to change, you have to do something different

    #750509
    Finally done
    Participant

    You may try to take SAP FICO consultant certificate. There are many global companies using SAP. The implementation and maintenance expenses of the system are huge and very expensive. If you can have both CPA and SAP, it'll be a very valuable resource in personal career development.

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    Keep learn the Life

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    --
    Winning is not everything, but the effort to win is.
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    #750510
    Skynet
    Participant

    ohiostategirlcpa – The Country Music Awards ( CMA ) is very tough. It's not that easy writing and producing a great country hit song.

    AUD - 90
    BEC - 78
    FAR - 84
    REG - 87
    World Domination Plan

    Phase I : Pass CPA Exams - Complete
    Phase II : Megan Fox - In Progress
    Phase III : Megan Fox & Scarlett Johansson Lingerie Pillow Fight
    Phase IV : Form the new Charlie's Angels with Megan Fox, Scarlett Johansson, & Gal Gadot
    Phase V : TBD

    BEC : 78
    REG : 87
    FAR : 84
    AUD : 90

    World Domination Plan

    Phase I : Pass CPA Exams - Complete
    Phase II : Megan Fox - Initiated
    Phase III : Bring back 8-Tracks
    Phase IV : Megan Fox & Scarlett Johansson Lingerie Pillow Fight
    Phase V : TBA

    #750511
    mhueycpa
    Participant

    JD, LLM In taxation? Btw what 4 degrees do you have?

    THE 300 CLUB WILL DO JUST FINE!

    #750512
    nyclife
    Participant

    Instead of collecting the alphabet, maybe you should focus on gaining more skills/responsibilities in your profession. That's the surefire way of making more money through work. Certifications are useless if you can't leverage them in your career. More certifications signal a competent test taker. I can give you a hammer and nail but it doesn't mean you know to properly use it without an adequate amount of experience.

    The CFA is not becoming obsolete. If you were in finance, then you'd realize that. Also, if you wanted to mentally challenge yourself, you should consider taking the exams. Given your background as an auditor (most likely IT based on your certifications), I don't see how it would add a ton of value though. Chances are that you will never meet anyone who has completed both say that the CPA is more difficult than the CFA exams.

    I would cosign on Fuzy's recommendation of taking up a hobby or learning a skill that is unrelated to work.

    #750513
    mystical guy
    Member

    @All – what I'm saying is, I'm am extremely hungry to keep learning but don't wanna keep going to school. I learn a lot at work but there's a lot of redundancy (e.g. test 1 control with a sample of 50 items – same steps again and again). My mind wants more and more, and I can't get enough.

    @ohiostategirlcpa – I was surprised at how easy Part 1 of CMA appears to be. I'm someone that felt BEC was easy, so, I don't know if CMA is the best challenge but definitely on my top 5 list!

    @fuzyfro89 – haha. New skill, welding? Good one. Seriously, I took welding classes in High School. It was a good experience. Thought of pottery classes to meet some girls, sorry, women, at my age. And, I'm not trying to advance my career, just yet, because, according to my Manager, I'm more qualified than him. (He already “promoted” me unofficially, and my VP has said I'm brilliant and he can see me taking on greater roles very soon. No problems with promotions).
    I want to keep learning about general business but also get certified, rather than just netting CPE credits. CFA is on my top 5 list, but I heard it's becoming obsolete?

    @monikernc – I have a strong/above average IT background so I know XBRL, C++, VB, ACL, etc. I just heard that CFE is “easy” if you just do the MCQs from the ACFE, so people don't take it as seriously as the CPA, for instance. I'll look into the IFRS certification. Thanks! +

    @taigpegg – SAP FICO certification might be a good one, since I audit SAP. Thanks!

    @mhueycpa – BSC. Accounting & MIS, MastersFinancial Accounting/Audit, Information Systems Audit Control. And some associates from another life, which I don't put on my resume. JD might require me to stop working…but thought of it a lot!


    @nyclife
    – I kinda agree with the idea that I should try to gain more experience and be a lot more well-rounded. I'm in a position where completing certifications is no longer as challenging as it used to be, so I've considered studying engineering, advanced calculus, chemical science (stuff outside my comfort zone). It's almost funny that I get CPE credits from getting more certifications (e.g. CIA gets me 80 credits for CPA in my State). I want to keep my mind nimble.

    CPA - Since 2015
    CISA - Smashed 2012
    CIA - Passed 2015

    #750514
    funtiks
    Participant

    focus on learning code, VBA..SQL

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    AFTER 3 YEARS I'M DONE!!!

    #750515
    Anonymous
    Inactive

    What about Lean, Six Sigma (green/black belt)? I found continuous improvement is fun and useful

    #750516
    Tncincy
    Participant

    Phd? I have never heard of someone wanting to learn so much, but I guess it's possible. Or maybe teach what you already know ( your own study materials, cpa candidate tutoring?) It's really not that much more without going into a different occupation.

    It begins with a 75
    Been here too long as a cheerleader.....time to pass

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #750517
    tuanxn
    Participant

    ^this. You don't fully know how well you understand something until you try and break it down for other people.

    #750518
    jrb0048
    Member

    I mean if your looking for another one to do, I would go with the CMA. I don't know why you feel that b/c its management accounting its a turn off. Frankly, I would say management accounting is alot more useful than CPA unless your a manager or partner at a CPA firm. But CMA will also look good with the CIA, just my two cents though.

    Audit- 86 5/27/2015
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    Part 1: Passed 12/10/2015
    Part 2: Passed 3/11/2016

    CIA- Pass 1/29/16/// CRMA- Pass 2/9/16// CCSA- Pass 2/21/2016/// CFE- Pass 2/29/2016/// CFSA- Pass 3/15/2016

Viewing 15 replies - 1 through 15 (of 39 total)
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