Tuesday, May 1, 2012

AUD

I've posted a lot in the past about taking the CPA Exam.  I should have easily finished all of the exams by now, but between being sent to Minneapolis for 3 months to work, moving, getting pregnant: I still have one exam to go, auditing.  I believe I posted that I had been studying with B for REG, I passed with an 87, which is amazing. I took Audit, my last test, and decided I didn't really need to study that much for it, so I stretched it out over several months, barely paying attention, spent the two weeks prior to the exam reading 7 different books, for a bit of casual reading, and lo and behold: I got a 65.... Not really surprising.  So now that I have moved, I'm going to retake AUD at the end of May.  If I don't pass this time I will lose FAR.  I've done very well on all of my prior exams with the exception of audit, for which I clearly did not prepare, so I'm hopeful that I will be able to pass.  I was in the mid 80's for the other three exams on the first go 'round with an 84 in FAR, an 86 in REG, and an 87 in BEC (I could be mixing up REG and BEC, but I know my scores are 84, 86, and 87).  I'll be happy if I get the passing grade of 75, but it would be really neat if I got an 85, just so I'd have 84, 85, 86, 87.  If I pass this exam, I can apply for my CPA license.  I've already met the education and experience requirements, and I have all of my paperwork filled out and ready to send in. 

B has also finished all of his exams, but he still needs to finish up his education requirements. It seems, however, that with his new job, that may take a little longer than expected.  However, he is really liking his new job and he is excited to possibly also study and sit for the CISA exam and also to take some programming courses.  If he does that, he will really increase his earning potential.  There are not that many people who can speak both programming/IT and accounting, and those that can: can charge very well for their services.  It would be a dream job for B too, he gets big time nerd turned on about coding and setting up programs and formulas for various things.  He is like a little boy with a new video game... I would love if he continued to follow the path he is on, and he is very excited about it.  It would be great if we could, in the future, use both of our skills to start our own contracting business creating and implementing accounting programs for companies.

We're so excited about our future and about continuing to accomplish our goals.  I'm finding my focus that I had with the first three exams, and that I sorely lacked for my first AUD rodeo.  Hopefully, in June I will have some very good news!