Via Going Concern: Who is Going to Pay for My CPA Exam Materials?

If you've got a CPA exam question for the expert over at >75 (yours truly, duh), email Going Concern or feel free to send it to me directly and we'll do our best to tackle it. When we get around to it.

If you're like my dear GC editor and hate to slog through lots of words, let me sum it up for you thusly: Don't focus on the handout, focus on the damn bonus and getting this thing done with. You should know better in this economy.

It’s a question I get all the time at work. “I’m starting with such-and-such firm, do they pay for your CPA review course?”

So! A commentator asks >75 the same question:

I did a bit of research, and it turns out that PwC is the most generous - paying for Becker + Flashcards, while E&Y will not pay for the Flashcards, and KPMG apparently requiring [sic] its staff to attend live classes offered by B%$^@# [screw the B word], and have signed attendance sheet to get the reimbursement.

First of all, smarty, what makes you think pre-packaged flash cards are your secret to CPA exam success? If anything, it has been my professional experience that candidates who make their own flashcards do better than those who rely on a review course to make them on their behalf. I had a student who admitted his handwriting was so bad even he couldn’t read it but just the act of creating a set of note cards for FAR helped him reinforce the key topics. So just because you get a bunch of shit for free doesn’t mean you’re any better off than the guy who had to charge his review course or skip a couple happy hours to pay for it.

As you probably know, the firms do not discuss their agreements. I know what they are but I’m not telling either. That being said, in this economy, I’m not sure if you think you’re going to get a free CPA Review ride. Um, you did comment on a layoff post after all.

Head over to Going Concern for the rest. Admit it, you kids love it when I yell at you.

Jr Deputy Accountant

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.