[tailz2016]

I have a question regarding CPA firms. I know why an individual will want to become a CPA but why do firms push their employees to become CPAs? Is it because they charge their clients more now that their employee is a CPA? What are some of the reasons firms want their employees to be CPAs?

THANKS TO GOD

FAR - 76
AUD- 88
REG - 76
BEC- 74, 80

DONE!!!!!

Roger cpa review ( Added Ninja for BEC)

[Anonymous]

I can think of a couple:

First is talent development. It's ubiquitous you need a CPA license to be promoted to the manager level at a CPA firm. The more seniors with the requisite experience a CPA firm has at a given point in time who are licensed the better it is for the firm as that means more people will be competing for promotion to the manager level.

Second is it lets them churn the pot. Start at any big public firm and they will encourage you to pass the exam from day one. What is also obvious from day one is that it's a long way to the top based on the ratio of new hires from any given class to partners at the firm. Firms need a way to filter out folks who have no long-term future so they can replace them with people who might. “Up or out” is a mantra of public accounting, and the firm I work for is not shy about using failure to pass the CPA exam as a reason to fire people who are either seniors that have had a number of years to pass and can't, or people they simply don't like.

[ibCPAsoon]

I think it also provides that level of assurance for our clients.

I work for a small cpa firm (About 25 – 30 people at any given time). Many of our clients don't refer to us as “my accountant” rather as “my CPA”.

And just to piggy back off BelowScope I do think it does help pick out employees with no longer term goals. Pushing and being able to overcome the CPA journey is a big step into showing your in this for the longer run. And then on the LONGER term…if your in the position of moving up and becoming a partner in order to use the CPA title, the firm must have ownership of at least 51 percent be CPAs (May be a different amount – pulling from memory).

BEC - PASS JULY 2014
FAR - PASS DEC 2014
AUD - PASS FEB 2015
REG - PASS MAY 2015

[tailz2016]

Thank you guys for your responses !

THANKS TO GOD

FAR - 76
AUD- 88
REG - 76
BEC- 74, 80

DONE!!!!!

Roger cpa review ( Added Ninja for BEC)

[needcoffee]

There are also magazines that rank accounting firms by the number of CPAs. The more CPAs, the “bigger/better” they are considered.

"It's choice not chance that determines your destiny".

[tailz2016]

I haven't personally had public accounting experience or worked in an accounting environment but are CPAs in your company environment seen differently as opposed to non-CPAs? And can having passed the CPA exam be just as equally advantageous as someone who lets say has 1-2 years of experience?

THANKS TO GOD

FAR - 76
AUD- 88
REG - 76
BEC- 74, 80

DONE!!!!!

Roger cpa review ( Added Ninja for BEC)

[Rb899]

@ tailz2016

Did you ONLY use Rogers Review for FAR and REG? thanks

[tailz2016]

For FAr , REG, AUD, yes I only used roger . But I would highly recommend supplementing mcqs with ninja because they test you a bit harder. Roger does a great job teaching you the essentials you need.

THANKS TO GOD

FAR - 76
AUD- 88
REG - 76
BEC- 74, 80

DONE!!!!!

Roger cpa review ( Added Ninja for BEC)

[Author]

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