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"Accountant" is a general term, referring to financial and tax professionals who follow specific rules and regulations, including Generally Accepted Accounting Principles (GAAP), which are rules and standards set forth by the Financial Accounting Standards Board (FASB).CPAs are accountants who have passed a licensing examination in a state.You ignored your family and friends, consumed nothing but carbs and caffeine, and DVR’d your favorite shows only to let them sit while you kept your nose buried in your prep materials. But it also might be to reschedule that failed section and retake it right away.Before you log into CPA Central to reapply, remember this: You may not repeat any section within the same testing window.Once the webpage loaded, I remember how relieved my wife and I were that I passed my first section.As she headed back to bed, she quickly congratulated me and added how tough the prior three months had been for her.While some candidates have a general understanding of the time involved, most don’t fully understand how the CPA Exam can truly impact their daily life.
Many small businesses use the services of an accountant, and there are many competent accountants serving small companies.
Let’s be honest, how would you feel if your significant other stopped spending time with you or you now had to wash the dishes every night without any help?
Shared tasks like walking the dog, cooking dinner, cleaning the house, laundry and groceries were being done mostly by my wife while I was listening to my CPA instructor on the computer.
I can say with confidence that I could not have passed all four sections without the help and support of my wife, family and friends.
There are many tools available to help aspiring CPAs with the exam and licensing process.