If you want to get the most out of your accounting career, getting your CPA license is the key to doing so." Job flexibility Nicholas Japhet explains that in his experience, “The CPA translates into a high salary potential, more career opportunities, and greater job security. A new position may come with increased benefits, as employers know of the time investment and commitment that the CPA license demands. Passing the CPA Exam can not only help elevate your personal credentials, but may also help distinguish you from other candidates when applying to new positions. It feels great to have earned the respect of my peers and those I respect in turn.” Winner Ed Kreienberg tells Becker, “Many friends, colleagues, professors and mentors have reached out via text, email and LinkedIn to congratulate me, which has been among the most rewarding parts of receiving the award. By passing it and getting your license, you'll signal to others that you have the expertise and work ethic to succeed.”Īs passing the CPA Exam is widely considered to be an impressive feat, some of Becker’s Watt Sells winners have had their accomplishments recognized by peers and coworkers. As Becker student Nicholas Japhet explains, "The business community recognizes that the CPA Exam is difficult. Having these three letters next to your name represents a thorough knowledge of accounting processes and a dedication to the profession. Is the CPA worth it for your career? Yes, the CPA designation is one that is viewed as very prestigious by the business community. “Accounting is the language of business having this background will help me become a successful investor and business owner down the road." Career distinction My accounting background has improved my ability to think qualitatively and consider the bigger picture when making decisions."įellow Becker student Carson Paull also remarks that studying for the CPA Exam helps to lay the foundation for future opportunities because of the numbers-oriented mental framework it helps establish. Watt Sells Award winner Seth Levitt describes how earning the CPA title changed his process for thinking through business strategy: “Accounting initially appealed to me because of its analytical nature. Studying key topics, processes and calculations can help you develop a business mindset that is deeply critical and analytical, introducing you to new ways of thinking. Preparing for the CPA Exam can not only help improve your accounting dexterity, but can also grow your intellectual outlook. This preparation will help to build your technical skill sets and financial literacy, as you will work to retain concepts and put them into practice in the testing environment. While going through chapters of study materials for each section, you’ll likely learn new facets of accounting you weren’t previously familiar with. The studying process for the CPA Exam will sharpen your mental toolbox of accounting competencies. Expand your knowledge and ways of thinking You can weigh the costs of obtaining a CPA against potential salary increases, and according to the AICPA, the license signifies, “a symbol of trust and professionalism in the world of business.” But, don’t take our word for it! Hear from some of Becker’s Elijah Watt Sells Award winners, who earned a cumulative average score above 95.5 across all four sections of the CPA Exam, why CPA is a goal absolutely worth pursuing. You might be wondering, is the CPA worth it? In short, yes! There are a variety of reasons why taking the CPA Exam is well worth your time, and why passing it is so sought-after. This begs the question: is the CPA Exam worth it? Is the CPA worth doing? Additionally, the prerequisites to sit for the CPA Exam are extensive. In fact, during the first quarter of testing in 2020, BEC saw the highest cumulative pass rate of all exam sections at only 61.76%. Taking the CPA Exam is typically viewed as a challenging feat, and in order to pass, often mandates a substantial time commitment. The biggest hurdle to becoming a CPA is, of course, passing the CPA Exam, an in-depth four-part exam that tests on topics related to Auditing and Attestation (AUD), Business Environment and Concepts (BEC), Financial Accounting and Reporting (FAR) and Regulation (REG). A CPA designation is commonly recognized as difficult to achieve, making the certification even more impressive when earned. The Certified Public Accountant title, or CPA, is coveted in the accounting and finance world.
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