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I’m hoping I’m in the right place and can get some advice on whether or not I should try taking the CPA. I’ve been trying to decide now for about a month but I’m torn. Here’s a little background info on myself:
– I’m 40 years old, married and have two kids.
– I work for an engineering company as a project accountant. I’ve been at this company for 9 years.
– I have my MBA in accounting from a local private college
– I’ve been out of graduate school for about 5 years. I feel like the accounting education I received wasn’t the greatest and I sometimes struggle with accounting concepts that some of peers seem to have a better grasp of.
So my question is should I:
1. Dedicate myself to studying and taking the CPA exam. I don’t think it would really help in my current position (except it might help in my overall grasp of accounting that I mentioned earlier). It may help if I look for a new job but at this point in my career I don’t really have any desire to work 90+ hours a week at a public accounting firm.
2. Use the time I would be spending on studying for the CPA to work on my resume, apply for jobs and/or start a small bookkeeping company. Last year I worked 5 to 10 hours a week for a bookkeeping company doing data entry into QuickBooks (this was a side job to my project accounting job). I’ve often toyed with starting a bookkeeping business.
This is a huge decision for me and I’m having a difficult time deciding what I should do. Any and all advice/opinions will be greatly appreciated. THANKS IN ADVANCE!
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