| Author |
|
Heisenberg
Contributor
Joined: 16 Apr 2009
Online Status: Offline
Posts: 94
|
| Posted: 20 Oct 2009 at 15:28 | IP Logged
|
|
|
The AICPA wants to keep the number of actual licensed CPA's down so that these CPA's can charge more money for their services. The only problem for the AICPA is that they need people to take the CPA exam so that they can rake in the exam fees. The AICPA is controlling how many people actually pass the exam. They are keeping the pass rate around 45% for all 4 exams (which seems shady to me that 4 different exams can be so close in percentage all the time year after year). They do not want to flood the market with CPA's, plus they want people to keep coming in and taking the test multiple times. Even if you are able to pass the exam, the AICPA seems to be influencing these public firms to not keep you on after tax season to get your full year of work experience. There seems to be some sort of conspriacy between the AICPA and these public firms--it all comes down to the AICPA controlling how many licensed cpa's are out there on the market. We are now suffering because public firms will not keep you employed long enough to obtain your work experience.
|
| Back to Top |
|
| |
Tifferbugz
Regular
Joined: 18 Feb 2009
Location: United States
Online Status: Offline
Posts: 218
|
| Posted: 20 Oct 2009 at 18:31 | IP Logged
|
|
|
Wow.
__________________
CMA - Completed 10/2008
AUD - 2/25/09 - 89
BEC - 4/13/09 - 84
FAR - 10/26/09 - 80
REG - 4/24/10 - 80
Ethics - Done!
|
| Back to Top |
|
| |
caper
Major Contributor
Joined: 05 Mar 2006
Online Status: Offline
Posts: 377
|
| Posted: 20 Oct 2009 at 21:35 | IP Logged
|
|
|
You call that a conspiracy ?!
In Australia, Canada and England, you must get a job offer at one of the approved accounting firms by the institute to be able to write the exam.
You need to work 30-36 months in that firm to get the designation
Welcome to the world of being a Chartered Accountant.
They laugh at how easy it is to be a U.S. CPA.
|
| Back to Top |
|
| |
nic4747
Major Contributor
Joined: 19 Nov 2008
Online Status: Offline
Posts: 604
|
| Posted: 20 Oct 2009 at 22:20 | IP Logged
|
|
|
Keeping the pass rates around 45% is not a conspiracy, its a known fact and fairly common in all types of standardized testing. The test is specifically designed for a certain pass rate. If the pass rate was too high the CPA designation would not worth as much as it is.
As far as the AICPA telling the firms to lay people off so they don't get their experience, that is just ridiculous. It's simply a function of the bad economy. Believe it or not accounting is a good field compared to others right now. Can you imagine having a communications / marketing / criminal justice / art / music / english degree right now?
__________________
FAR - Oct 2008 - Pass
REG - Nov 2008 - Pass
AUD - Jan 2009 - Pass
BEC - Jan 2009 - Pass
Using Wiley book and software
|
| Back to Top |
|
| |
creditfigaro
Regular
Joined: 15 Apr 2009
Location: United States
Online Status: Offline
Posts: 151
|
| Posted: 21 Oct 2009 at 00:02 | IP Logged
|
|
|
^^ exactly, at least we can still get an H&R block mcjob to stay off the streets.
I think the financial statements of the AICPA would be helpful in determining what the fees and dues are expended on.
__________________
FAR: 04/21/09 - 92
AUD: 05/27/09 - 90
REG: 07/13/09 - 93
BEC: 08/24/09 - 84
|
| Back to Top |
|
| |
Active Topics 
Memberlist 
Search 
Help
Register 
Login
Topic: AICPA Conspriacy/Scam
Topic Closed)
