CPA vs Masters│Public vs Private Accounting│What CPA course I used to pass all 4 exams

[@LisaRenee603]

150 credits is required to take the CPA exams in my state which is equivalent to a Master's degree so in essence you already had a Master's degree, sounds like in accounting, even though you didn't physically receive one before taking the exams and achieving your CPA license. At this point and time, there's no way around the 150 credit requirement so credits beyond an undergraduate degree is a must. Why not just apply those credits to a graduates degree plus get your CPA license? To me, it's all worth the knowledge and the money. Thank you for the video, well done❣

[@AccomplishedChadLite]

That last part about public vs private put that in a new perspective for me. Private is treated as an admin cost for a company.

[@FinancialMatter]

Yes! But if your company can afford your department then Industry/ Private Accounting works too!

[@briellec6373]

Awesome video like always. I enjoy all of your videos! I actually am in a Masters program for accounting now! I needed it because I needed the courses and credits since I don't have a bachelors in accounting.

[@briellec6373]

I'm currently trying to get an internship at a big four. It's difficult already never-mind with COVID 19 to add to the mix!

[@FinancialMatter]

Oh awesome! and agree! It is tough esp during this time. I’m planning on making a video on how I got my big 4 internship. Lmk if you have any questions in the meantime. 🙂

[@briellec6373]

@@FinancialMatter Thank you!!! Can't wait to hear what you have to say. :)

[@Mr.conserv]

Y’all should look at navy exams lol it’s about a 20% rate depending on the job. People fail for years. 50% sounds promising sooner or later if you fully commit yourself

[@FinancialMatter]

Oh wow 20% pass rate ?! Wow

[@404TRUCKERTV]

Hmm, good information. I was totally against public firms but your video I'm considering public!

[@FinancialMatter]

It's a great place to start but I knew I didn't want to be in public forever! To each there own since some people end up liking it/ staying.

[@TheMachuca007]

Hi Jen, just came across your channel today, very good content and information! I was wondering if you could do a video discussing the pros and cons of going from Big 4 to a mid tier firm and touching on points such as: work/life balance , salary/benefits and career progression. Thanks and looking forward to future videos!

[@FinancialMatter]

Hi Carlos! Sure I can discuss that in a future Q&A video. Here's a video on the pros/cons of working at the Big 4 in the meantime: kzbin.info/www/bejne/rWS0domPhrRrfaM

[@adamallen3099]

Thank you for sharing your insight and it's really helpful! I am wondering if I pass the CPA exam before I enter into Big 4, do I still get those benefits of $5000 bonus and $1000 CPA study fee?

[@FinancialMatter]

Yes to the $1,000 study fee because you can ask for it to be reimbursed after you paid out of pocket. The benefit of the $5000 bonus you would have to ask your HR. I received my last passing score after I started working.

[@abegaildaus8613]

Hi I'm here again😅 Can you make a video giving advices for incoming shs or college students that will take abm cuz I'm incoming shs this year

[@FinancialMatter]

abegail daus hey Abegail! sure! Did you have any specific questions / topics?

[@abegaildaus8613]

@@FinancialMatter I don't have any specific topic actually

[@karinhwang7810]

hey could you do a video on choosing a public or private college as an accounting major?? should you go to public college for a bachelor's degree and a private college for a master's degree?

[@FinancialMatter]

Hi Karen - I went to a public college that was in-state and more affordable for undergrad and was still able to work at Big 4. I suggest finding a reputable school whether public or private.

[@Lily-ey2yx]

What is the average hours per week in the tax service line during busy season? Do you also work during the weekends?

[@FinancialMatter]

Emily Huang Hey Emily -The hours depends on the company/ team that you work for as well as the company’s culture. For tax, we are busier in the fall and spring because of the statutory deadlines. When I started five years ago at big 4 until now at a mid tier firm, I do work on the weekends during busy seasons. I would say my hours are significantly less when working at the mid tier firm as well as work/life balance.

[@nicolesitu5078]

Thanks for the video!Would you please share what do you do every day when you are at big 4? How does work like ?thanks!

[@FinancialMatter]

Hey Nicole! Thanks! I’m in tax and worked in Big 4 for 4-4.5 years~ I made a video on what I do on a daily basis: kzbin.info/www/bejne/mKCcn4Njlq1kjpI Lmk if you have any other questions!

[@chenchen2690]

Thanks for your presentation

[@FinancialMatter]

chen chen any time! 👍

[@mueslikoi1887]

Thank you for this👍✨

[@FinancialMatter]

Any time!

[@robbiem4624]

One thing that is never mention is getting your bachelors and getting a minor in accounting. The other option is getting your bachelors and taking 30 units at a community college!

[@FinancialMatter]

Those are great points! Thanks!

[@elininny]

Thank you ! Can you share how you studied CPA exam ? including website, books like that

[@FinancialMatter]

Hey Elin - I studied before I started working full time. I took about 8-10 months off to study and pass all 4 parts. I would take breaks from studying while I waited for my score. I used Becker CPA Self Study. Good luck!

[@elininny]

@@FinancialMatter Thank you for your tips!

[@gauravthakur8184]

After MBA Finance Accounting is good carrier for me. From India.

[@FinancialMatter]

That's awesome that you got your MBA!

[@kariza375]

were you working at the big four while you were studying for the CPA? also do you any a certain X amount of hours in order to take the CPA?

[@FinancialMatter]

Hi Zang! I pushed my start date at Big 4 to study/pass all four parts before working. I didn't need any work experience to take the exam. I only needed work experience to receive my license. Hope that helps! Lmk if you have any other questions!

[@pringtoum]

This is a perfect 👌 ☺️☺️☺️👌

[@cherrykim4176]

Hi! Would you recommend macbook or windows laptop for accounting students?

[@FinancialMatter]

Hi Cherry! You can use either. I used PC throughout college but most students had macbooks. I was too broke to buy one of those haha

[@cherrykim4176]

Thanks! I’ve been feeling anxious about choosing accounting for college and your videos make me feel better!

[@FinancialMatter]

@@cherrykim4176 glad to hear! lmk if you have any other questions 😀

[@ivanmamuyac]

Get a Windows/PC. The side numeric keyboard is essential. Macbooks only have QWERTY numeric keys.

[@Abdullah-qf4qf]

Is after 3 years spend in firm and work with full of capacity can we earn upto 300k.....in US OR UK etc

[@FinancialMatter]

Oh no... never heard of making $300k after 3 years of work.Maybe when you become a Partner or own your own practice.

[@glennjenkins7907]

how did you learn accountant it so hard

[@glennjenkins7907]

how did you study

[@FinancialMatter]

Hey Glenn - I mostly took classes in college and tried my best to stay engaged and on top of the readings. Not all of them were easy but practicing problems help. I personally think accounting in the real world is easier. I focus on mostly tax accounting vs. learning cost/managerial, business law, book accounting, etc.

[@glennjenkins7907]

@@FinancialMatter you are a cutie one