Public Perception of a CPA v. a doctor or a lawyer…

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  • #163334
    HighMileageDude
    Participant

    https://answers.yahoo.com/question/index?qid=20101225132938AAk9O08

    hmm some interesting answers. i bet no one who answered this is any of the 3 though but it’s just interesting to see the perception out there. They seem to look at years of schooling needed. Some people don’t really understand that in business you never really go beyond a masters degree/MBA – maybe a PhD if teaching/researching at a university

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  • #381833
    See Pee A
    Member

    I think us CPA's sometimes get the shaft because people associate CPA with ‘person who does your taxes'. (No offense at those who actually do individual tax). I believe it's just that a CPA does not inherently make you part of an elite group, whereas being a doctor, lawyer, or other highly educated professional does. Of course, I know some people I went to undergrad with who weren't all that bright or studious and only managed a lower tier med/law school, and I wouldn't associate them with anything particularly “high-class”. Overall, I could care less. My mid-30's salary will easily eclipse that if I had become a doctor, and be in the league of some fairly successful lawyers, so who gives a ( )?

    BEC 86 (08/30/11)
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    REG 88 (11/08/11)
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    #381834
    letsfixthis
    Member

    The bloom is off the rose for lawyers. There's such an oversupply of attorneys in the market right now that many of them go year(s) without ever finding a job after graduating from law school. Others end up taking the same jobs that undergrads take straight out of college just so they don't starve. Don't ever let a lawyer think they are better than you…..they aren't. Only the top 1 to 5% of law school graduates from elite schools get those plum M&A corporate gigs, while the rest barely struggle to even find a mediocre job. I think going to law school is quite possibly one of the worst investments imaginable right now.

    BEC: 87 (7/13/11)
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    Used Becker for all four parts. Supplemented it with Wiley Test Bank for FAR and REG (HIGHLY recommended) and NINJA notes.

    #381835
    jomarie
    Participant

    I agree with See Pee A. My dad didn't even realize everything a CPA can do until I sat down with him a few weeks ago and explained why it's taking me so long to pass these exams. He thought “oh a CPA does taxes”. Then I showed him this site and he saw how many people were struggling just like me. Ever since then when he calls they are very short conversations just making sure we are ok and no one's sick. I actually feel a little guilty cause I'm an only child and my mom passed away 7 years ago. He only goes out once in a while with some friends and visits family who are out of town.

    Started sitting in May 2002, on and off. But since 2008 I've been nonstop and my scores are....
    AUD - 39, 48, 56, 65, 68, 73, 76!!! (Finally passed in Oct 2011!!!) Becker, NINJA, & Wiley
    REG - 75 (Lost Credit) 72, 68, 73, 75 (Passed again in Aug 2011) Becker, NINJA, & Wiley
    FAR - 65, 68, 75 (Lost Credit) 68, 73, 73, 80 (Passed again in May 2012) Roger, NINJA, & Wiley
    BEC - 65, 68, 71, 72, 72, 71, 76 (Lost Credit)- 70, 76!!!! I AM DONE!!! - Roger, NINJA, & Wiley
    After 10 long years of studying, I AM DONE!!!! Finally a Licensed CPA in the State of New York!!

    #381836
    HighMileageDude
    Participant

    Hi I am also interested in a non-reporting CPA license in Massachusetts. one of the things I'm concerned about,just like the first poster, is the mobility. This website indicates that Massachusetts is a state with lots of mobility (can get it there and practice in many other states).

    But Let's say I get the non-reporting license in MA & then I relocate to another state looking for an accounting job. If my CPA license is non-reporting, is it restricted such that I can't put it after my name on my resume in that state where I'm applying for a job?

    #381837
    msgolds
    Participant

    Inside the business world, the respect / prestige is immediately apparent. Outside the business world, many people don't even seem to know what a CPA is (I have to explain it at least once a week).

    But I do have to say that although becoming a CPA is an incredibly difficult task in it's own right, you need to view each career for what it is. We didn't need years and years of schooling and specialized training to get where we are (beyond a bachelors or masters degree anyways).

    BEC - 90 PASSED
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    I DID IT!!!!

    Using Becker Self-Study

    "If we were put here to carry a great weight, then the very things we hate are here to build those muscles."

    #381838
    CPA340
    Participant

    Who cares who is the better. We all need Lawyers when we are in trouble (or keep us from it), Doctors when we are sick, and CPA so we can manage our financials and pay the two former 🙂

    As long as we are happy doing what we do, nothing else really matters.

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    It's not about how BAD you WANT it. It's About how HARD you are willing to WORK FOR IT!!!

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