You're the only person I've seen who emphasizes how important it is to take your first exam as soon as you're ready. I 100% agree with that because I remember before taking FAR, there was a ton of pressure and would always tell myself how bad I'm going to fail after getting destroyed by MCQs. A lot of that pressure went away once I saw what I was actually up against. Passing it was the biggest confidence booster for me.
Passing the CPA exams is when you study hard,if you can't study or you don't have time for your studies I'd advise you get yourself a help like Mr Dylan
hey Joey, just wanted to say thanks for posting this video. I started to study for the CPA around the summer of 2024. First part of the exam is going to be AUD, and the Becker mock exams made AUD feel impossible, especially with the task based simulations. Genuinely appreciated the fact that you mentioned that it's better to have your own assessment of how the exam is going to be like. I needed that. Unlike you, I definitely feel a few retakes happening for me lol, but extremely belated congrats on getting your CPA
Hey Francis, thank you so much for the kind words and I'm glad some of what I've said resonated with you, because yeah getting that first exam taken is so helpful. And yeah maybe you will need a retake or two but that is so common so there's no worries about that. Just keep the positive attitude and the hard work and you will certainly be successful. Good luck with your studies! Wishing you the best!
Have you heard any recent news regarding the 120 credit requirement for the CPA in 2025 from the 150 credit? How do you think it’ll impact the Us accounting Job sector in the coming years?
I mean it's rumoured to be something being considered. KPMG has even come out in support of it. I think it would be good for the accounting industry as more accounting majors would come through the pipeline and eventually become CPAs. Not sure how that will impact the availability of jobs though to be honest. Seems like sometimes firms are in a hiring spree and sometimes in a firing spree. No real consistency right now
I love your videos, you have a cool and humble demeanor. I am within a year and a half of achieving my Bachelor's in Accounting through Southern New Hampshire University. I am always happy to hear your views as they relate closely to my initial fears and expectations. I use your videos to help me understand, and stay focused on, the reasons I chose accounting. Thank you for your time! Keep up the good work, I will be watching! 😜
I think AI will impact accounting in the sense that it will automate tasks and free us up to do more useful things. Accountants understand business better than anyone else so they will always have value in some form (even if AI changes how they are used). The bigger issue right now is with firms outsourcing work to low cost countries. That is more of a threat than AI rn. At least at public accounting firms.
@@JoeyCPA I am not as concerned with the outsourcing. Im at a smaller firm and I don't think any one of our customers is going to trust some dude from India to do their tax return. When you are getting audited by the IRS you want your CPA or tax attorney to be someone you trust not some guy from Punjab banana squeegee who speaks broken English trying to negotiate with the IRS on your behalf over a long distance call from his flip phone.
I studied for FAR for 180 days doing about 3-4 hours of study per day. This is definitely wayyyyyy more than you need to do though. If you want a FAR study plan you can check it out here: www.smartercpasreviews.com/the-perfect-squeeze-page
If I may ask, im going to be laid off around Febuary March. The past two years I earned a cert in accounting at public uni. Which now qualified me to sit for the CPA. I dont have much guidance on what i should do with that. I do want to pursue a career in tax acxounting but dont know if i should try to get a masters in it or just now just try to pass the CPA. Im 35 and trying to invest in a totally different field like information systems that places like deloite desire doesnt seem realisitic or something im really capable of. Id rather just be competent in tax. Im trying ti just get my foot in the door as an entry person in this industry. Any thoughts is truly appreciated. Thank you for this video!
Hey, I would say between a Masters in Tax or going for the CPA, the CPA license will serve you better. For a few reasons. 1) It will cost less money 2) It will be more flexible (easier to stay working or find part time work while doing CPA as opposed to masters) 3) CPA differentiates you more. It means more than a masters in tax and will give you more leverage in the future. 4) Many places like Deloitte or other accounting firms won't let you get promoted to a certain level unless you have a CPA license. For all those reasons I think CPA is the way to go.
Hmmm CPA is not a joke. I read so hard and did research, but the quantitative techniques exam almost made me cry. Let me chill and wait for the results because eeeeeeh 🥲🥲🥲🥲
You're the only person I've seen who emphasizes how important it is to take your first exam as soon as you're ready. I 100% agree with that because I remember before taking FAR, there was a ton of pressure and would always tell myself how bad I'm going to fail after getting destroyed by MCQs. A lot of that pressure went away once I saw what I was actually up against. Passing it was the biggest confidence booster for me.
I love to hear that. I felt the same exact way and that's the reason I try to push that point so hard. I'm glad you experienced the same!
Passing the CPA exams is when you study hard,if you can't study or you don't have time for your studies I'd advise you get yourself a help like Mr Dylan
People keep talking about Dylan all over
UA-cam,he must be a very awesome help
Yes you're correct but remember heaven helps those who help themselves, try studying if you can't study then get yourself a good help
I studied for months and couldn't pass, I guess passing is a blessing
CPA exam might seem so tough to pass but studying very hard is a very vital skill to win trust me.
Everyone has their own way, Dylan worked for me and studying didn't .
hey Joey, just wanted to say thanks for posting this video. I started to study for the CPA around the summer of 2024. First part of the exam is going to be AUD, and the Becker mock exams made AUD feel impossible, especially with the task based simulations. Genuinely appreciated the fact that you mentioned that it's better to have your own assessment of how the exam is going to be like. I needed that. Unlike you, I definitely feel a few retakes happening for me lol, but extremely belated congrats on getting your CPA
Hey Francis, thank you so much for the kind words and I'm glad some of what I've said resonated with you, because yeah getting that first exam taken is so helpful. And yeah maybe you will need a retake or two but that is so common so there's no worries about that. Just keep the positive attitude and the hard work and you will certainly be successful. Good luck with your studies! Wishing you the best!
Thanks so much for the advice, puts it into long-term perspective! Currently studying for AUD!
Good luck! And thanks for the positive feedback!
Great Video, like always. I will use these tips once I am able to take the exams!
Thank you Joey. I really appreciate your support man.
Thank you Joey!
no problem Henry!
With all the outsourcing and ridiculous pass percentages for far and audit, it is really discouraging to study for CPA.
yeah there are some issues with the industry but overall it is still a huge bonus for your career to get your CPA license.
If you’re having difficulties studying/passing your exam I advise you to get a help like Prof Dylan
His availability is on tele gram
@ Mr_Dylan01
Thank you for your motivational video.
Of course! Thanks for watching!
Have you heard any recent news regarding the 120 credit requirement for the CPA in 2025 from the 150 credit? How do you think it’ll impact the Us accounting Job sector in the coming years?
I mean it's rumoured to be something being considered. KPMG has even come out in support of it. I think it would be good for the accounting industry as more accounting majors would come through the pipeline and eventually become CPAs. Not sure how that will impact the availability of jobs though to be honest. Seems like sometimes firms are in a hiring spree and sometimes in a firing spree. No real consistency right now
I love your videos, you have a cool and humble demeanor. I am within a year and a half of achieving my Bachelor's in Accounting through Southern New Hampshire University. I am always happy to hear your views as they relate closely to my initial fears and expectations. I use your videos to help me understand, and stay focused on, the reasons I chose accounting. Thank you for your time! Keep up the good work, I will be watching! 😜
Hey Landon! Thanks for the kind words. I really appreciate the support. Good luck with your studies!
How will AI impact the accounting career? Currently in college and deciding if it worth the risk with AI? Any suggestions for undergrad students?
I think AI will impact accounting in the sense that it will automate tasks and free us up to do more useful things. Accountants understand business better than anyone else so they will always have value in some form (even if AI changes how they are used). The bigger issue right now is with firms outsourcing work to low cost countries. That is more of a threat than AI rn. At least at public accounting firms.
Why is there no resistance from Qualified CPA’s against this outsourcing?
@@JoeyCPA I am not as concerned with the outsourcing. Im at a smaller firm and I don't think any one of our customers is going to trust some dude from India to do their tax return. When you are getting audited by the IRS you want your CPA or tax attorney to be someone you trust not some guy from Punjab banana squeegee who speaks broken English trying to negotiate with the IRS on your behalf over a long distance call from his flip phone.
How long did you study far? How many hours per day? I am using Wiley and super fast cpa. I fail bec twice with a 30 and 50. Any recommendation
I studied for FAR for 180 days doing about 3-4 hours of study per day. This is definitely wayyyyyy more than you need to do though. If you want a FAR study plan you can check it out here: www.smartercpasreviews.com/the-perfect-squeeze-page
If you’re having difficulties studying I advice you to get a help like Prof Dylan
Really you all know him ,I taught I was the only one whom he walked through the fears and falls of CPA
His availability is on tele gram
@ Mr_Dylan01
If I may ask, im going to be laid off around Febuary March. The past two years I earned a cert in accounting at public uni. Which now qualified me to sit for the CPA. I dont have much guidance on what i should do with that. I do want to pursue a career in tax acxounting but dont know if i should try to get a masters in it or just now just try to pass the CPA. Im 35 and trying to invest in a totally different field like information systems that places like deloite desire doesnt seem realisitic or something im really capable of. Id rather just be competent in tax. Im trying ti just get my foot in the door as an entry person in this industry. Any thoughts is truly appreciated. Thank you for this video!
Hey, I would say between a Masters in Tax or going for the CPA, the CPA license will serve you better. For a few reasons.
1) It will cost less money
2) It will be more flexible (easier to stay working or find part time work while doing CPA as opposed to masters)
3) CPA differentiates you more. It means more than a masters in tax and will give you more leverage in the future.
4) Many places like Deloitte or other accounting firms won't let you get promoted to a certain level unless you have a CPA license.
For all those reasons I think CPA is the way to go.
How much u earn???? After becoming cpa
Hmmm CPA is not a joke. I read so hard and did research, but the quantitative techniques exam almost made me cry. Let me chill and wait for the results because eeeeeeh 🥲🥲🥲🥲
If you’re having difficulties passing/getting licensed I advice you to get a help like Prof Dylan
His availability is on tele gram
@ Mr_Dylan01
@@JasonDavidjr-w5c thanks
yes just wait and cross your fingers! I hope you get good news!