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I'll tell you this much.
Theres ALWAYS work in accounting
i've seen businesses (esp startups) that never reconcile their bank accts or look through statements. there be piles of unopened mail. that alone would take days to sort out and enter
I’m a Senior at a Big 4, and am currently at 100k. I’ll likely make manager this summer, and my salary will be increased to 125-135.
Get your CPA license before anything else. I can’t tell you how many smart people I know that don’t have it and they can’t get high paying jobs in private because they don’t have their license.
It is crazy how it works. I know people who have been stuck in the same role for years and don’t get promoted because of not having the exam. The reality is that the exam doesn’t measure intelligence or knowledge, it measures how many hours of studying you put into it, nothing else.Thats my thing though. I work as a financial analyst with a BA and some accounting/finance courses at nyu graduate program, which i havent finished.
But i know as much as a liscensed cpa. My cfo who is liscensed is a complete baboon.
My experience has 30 times more value than that test can show.
But you are right. Currently, i cant quite cap at 6 figures becuase i havent taken the test.
Crazy how that works.
Im a corporate controller and have my CPA. I make 205 before bonuses (2 per yr).
And let me tell you I enjoy life now but starting off in audit out of school was no joke. Lost a gf to it and decided I gotta find someone understanding and happened to meet a fellow cpa 6 yrs ago who understands I’m not cheating just working long hrs.
Let me tell you life sucked until getting the controller job it sucked time wise bc I didnt think it was possible to work that many hrs in a week.
I am glad I did it though. Comfortable enough to enjoy the fruits of my labor
How many hours did you do before and how many do you do now?
That KPMG pension is crazy. Something like 75% of your last five years average salary after about 30 years with the company.
At that point, call it at minimum $200k annually for the rest of your life, retiring around 55, not even considering the few million you should have by then in personal retirement funds.
what's the requirement for taking the cpa?
out of school for awhile now and had ok greats (not great... 3.0). i assume work experience plays a huge part. would i need to take grad courses prior?