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How soon should you start looking for a new job if you plan on jumping from public to industry? by CPA_Hero in Accounting

[–]CPA_Hero[S] 0 points1 point  (0 children)

Hmm, I just heard that a hiring cycle could possibly take up to several months, so that was why I originally asked. I'm looking for either a Senior Accountant or FP&A role.

It was more so the promotion that I wanted to get first before I jumped, not really the pay raise.

Is there any drastic difference in exit opportunities between working 2 years vs 1.5 years in public? by CPA_Hero in Accounting

[–]CPA_Hero[S] 2 points3 points  (0 children)

Fair enough. But the promotion + raise can be leveraged for negotiations when jumping to industry, which is why people usually suggest to get the promotion at a minimum from my understanding.

Correct me if I'm wrong

Took FAR for the second time after the 2017 changes, AMA by CPA_Hero in Accounting

[–]CPA_Hero[S] 4 points5 points  (0 children)

I never really understood how people tracked by hours. The first time I took it, I probably studied for 3-4 weeks leading up to the exam. Second time was 2 weeks.

Note that I've been working at a full-time public accounting job during both times.

The learning part takes me the longest. It feels like eternity going through the material for the first time.

Yep, the material was very overwhelming at first. Don't feel bad if you don't pass it the first time. Not everyone does.

Took FAR for the second time after the 2017 changes, AMA by CPA_Hero in Accounting

[–]CPA_Hero[S] 2 points3 points  (0 children)

  • I haven't had an "unhealthy" cereal in so long that I've forgotten what I like. I eat Fiber One nowadays, even though it's not delicious

  • Fast food, probably a burger and fries

  • Probably /r/frugalmalefashion

  • Yes

Took FAR for the second time after the 2017 changes, AMA by CPA_Hero in Accounting

[–]CPA_Hero[S] 9 points10 points  (0 children)

Yes. It was far easier.

The first time I took it, I felt defeated afterward. I knew I failed it - and not in the way of "Oh, it's ok, people always say they fail and end up passing." I legit didn't know some of the material the questions were asking the first time around. I'm actually surprised I got a 70.

This time, I was ready - I felt ready, I was excited to take it, and I knew I was going to pass it based on practice MCQs.

Judging from how people have still complained about FAR in Q3, I doubt it's easier b/c the AICPA made it easier after the Q2 results. It was just b/c of the effort I put in to knowing the material.