Navigating the CPA Journey: Reflections Before My Final Attempt

As I prepare to sit for my CPA exam in just two days, a mix of anticipation and anxiety fills me. This marks my third attempt at earning this designation, and I can’t help but reflect on my previous experiences.

Attempt #1: I excelled on Day 1 but stumbled when it came to Level 1 Sufficiency, ultimately achieving a Level 7.

Attempt #2: This time around, I faced a similar fate, landing at Level 2 despite dedicating time to study using Densmore’s materials.

Now, with my third attempt looming, I’m at a crossroads. Part of me is ready to just get it over with—pass or fail, I crave closure. The prospect of finally reclaiming my life post-exam is enticing. I envision a future where I can toss aside my notes and textbooks, move forward, and embrace new opportunities.

Of course, the thought of failing does linger. It would undoubtedly sting, especially in the eyes of friends and family. However, I have faith that I would bounce back. There are countless paths out there, whether pursuing an MBA or venturing into a completely different field. The CPA designation, while a significant milestone, is not the sole determinant of my future success.

To be honest, my passion for Accounting is lukewarm at best. The work feels tedious and repetitive, and though I endure it, that’s about as far as it goes.

On the flip side, should I pass this exam, it would be a noteworthy achievement—one that I would celebrate for what it represents: proving to myself that I can conquer this challenge. Yet, I must admit that my respect for the CPA designation has waned. The way it’s been administered post-amalgamation has made it feel almost trivial in some respects.

To me, earning the CPA is primarily a means to secure a more lucrative position. I don’t perceive it as inherently superior or inferior compared to other qualifications; my experiences have led me to believe it offers a mixed bag of outcomes, leaning towards the less favorable.

Reflecting on the entire CPA Canada process, it often feels like a circus. The exam doesn’t equip you for real-world challenges as a CPA; instead, it seems to train you to be adept at test-taking while depleting your finances.

As I pen this, I’m not entirely sure where this reflection is leading me, but perhaps