Okay- so before any of you freak out thinking I'm a CPA, I'm not...yet! This letter is informing me that I passed the Financial Accounting & Reporting (FAR) section of the CPA exam. For those of you who don't know much about becoming a CPA, here's the rundown:
There are 4 sections of the CPA exam. Financial Accounting & Reporting (FAR), Business Environment & Concepts (BEC), Regulation (REG), and Auditing & Attestation (AUD). Each test is 3-5 hours long, depending on the section. The one I took was 4 hours. These are basically the hardest tests in the entire UNIVERSE! I'm not just saying that either! For the test that I took, only 45% of the people who took it passed it (I was one of them! Yay!). The test overall basically has around a 48% pass rate...meaning over half the people who take this test FAIL! I'm not kidding when I say it's like the hardest thing ever!
I decided to send in my application for the exam back in September, and figured it'd be fun to keep it a secret and tell my Dad (who's a CPA incase you didn't know) after I passed all sections. Well, about a week later we saw our doctor, Clay started treatment, I kept studying, took the test in Nov, found out I had Lyme disease, and the same day of my diagnoses, found out I passed the exam! I decided to keep studying, but then tax season started, and I was just starting treatment myself, and I pretty much thought I might die of exhaustion and stress. So I decided to hold off on studying or taking any exams until after tax season, and I also decided I would tell my Dad about the first exam, and my plans to take the rest, on his birthday (today!). He's pretty happy:).
I decided to tell everyone for a number of reasons. First, this blog is pretty therapeutic for me in sharing my feelings and what I'm going through. It's hard to not share this ginormous thing that's going on in my life. Second, Clay has been the most supportive husband EVER in this. He didn't pressure me to do it, he didn't pressure me not to. When I finally decided I was doing it, and on long days when I studied some material, and none of it made sense, and I cried and cried and said, "I'm so stupid- why would I ever think I could pass something like this?!?!" he would comfort me and tell me how smart I am and how I can do it. He seriously helped me through a bazillion break-downs. He also supported me when I decided to delay the other exams when I was feeling too run-down. That being said, I can tell he is wearing thin! If I have a breakdown or need someone to boost me up, I now have so many people to help and remind me how worth it it will be. Lastly, and kind of embarrassingly, I think I need more people to know so that it motivates me not to fail! I obviously don't want to fail...but I'm pretty prideful...and so if everyone knows I'm studying for this- my pride wont let me give up.
Only a few people knew about this. NO one was supposed to know...but I forgot to put my study book away when Patty came over once. So Clay's family knew pretty early on which actually was a good thing since we see them so much! They were really understanding when I said I needed to study. And a few select close friends knew too...that we see often as well. But none of my family knew! I'm telling you that was so hard to keep a secret. Especially cause our family reunion was right after I took the test!
I never really wanted to do this mostly cause I wanted to get pregnant and have a baby more. I still do! But the truth is, I can't. Not for 3 years probably. I have been so depressed the past few months feeling like my life is pointless. I realized I am the type of person that needs to be working on something or towards something in order to be happy. If I can't start a family for 3 years, I might as well do this!
My goal is to have passed the exam by September. The whole thing. My next test is May 19th. BEC.
After I pass, I still have some stuff to do before I am licensed. I have 18 more credits I have to take in school...but I can do those online. I also have to take some ethics test or something. And then of course a bunch of paperwork and such. I would LOVE to say by the end of the year I'll have it all done. But 18 credits in 4 months, while working full time? Probably not. But I do think I'm safe to say that by this time next year, I'll be a licensed CPA! Wish me luck!