Many believe the accounting profession is on the verge of decline and question whether a CPA license is still worthwhile. Maybe it is the tough path and hurdles that paint a sledding picture of this profession. Passing the CPA exam on first attempt, lengthy syllabus, and 150-credit hour requirement to sit for the CPA exam are the add-ons to the challenges of the accounting profession.
Despite these obstacles, there are numerous advantages to obtaining a CPA license. Having one of the best CPA exam tutors like Andrew Katz by your side, you can easily surmount all hurdles and enjoy a fulfilling career. CPA is still considered the gold standard in accounting profession and is highly regarded throughout the corporate world. Accountants will always be needed, especially those on the cutting edge of related areas and rising technologies.
Here are five key reasons why becoming a CPA is totally worth it.
CPAs Earn More
It’s difficult to exaggerate how much more earning potential you’ll have as a CPA. However, for beginners, most public accounting companies provide perks for passing the exam, often ranging from $2,000 to $5,000!
Perks are good, but the improved earning potential is even better than you might expect during your career. CPAs may advance up the professional ladder and can expect to earn more than $1 million more than non-CPAs over the course of a 40-year career.
Your Career Can Soar to New Heights
To suggest that obtaining a CPA license will expand your job prospects is an understatement! A CPA license will open opportunities for you throughout your career. In fact, most organizations make it a condition to advance in the job roles.
In public accounting, practically all of the large and mid-sized businesses in the United States need you to have a CPA license in order to advance to the position of Manager or even Senior. Whether it’s fair or not, getting your CPA license is more than just a career booster.
CPAs are Widely Respected
The CPA license has long been regarded as one of the most prestigious professional credentials available. A CPA indicates that you are serious about your trade and career in the accounting field. For good reason, CPAs are often regarded as the most trusted advisors in the business sector. The amount of knowledge, abilities, and ethical standards required to become a CPA is more than that required for most other professional degrees.
You Get a Boost in Confidence
Generally ignored, this is a pretty huge advantage of becoming a CPA. Even if the CPA exam is challenging, in the end, it is all worthwhile. Nothing exceeds the joy of having passed the fourth and final segment of the CPA Exam!
Passing the CPA Exam rewards you with endless career possibilities. Those three magical letters after your name can enable you to rise in your career quickly.
Taking the Right Step
The right step you should take toward becoming a CPA is making the commitment and not backing down. If you are about to take the first step toward your journey, you will need one of the best CPA exam tutors that fits your learning style and that could be Andrew Katz Tutoring.
Andrew Katz, a CPA himself, offers personalized gold-standard assistance for the CPA exam. Along with well-explained study plans and strategies, you will get one-on-one support and dedicated weekly check-ins to help you pass the exam on the first attempt.