Reflecting on My CPA Journey: The Final Countdown to the CFE

As I find myself just two days away from the Common Final Examination (CFE), I’m experiencing a mixture of emotions. This will be my third attempt at this significant milestone in my Accounting career, and the pressure is palpable.

Looking Back on My Attempts

My journey so far has been a rollercoaster. In my first attempt, I managed to pass Day 1 but fell short on the Level 1 Sufficiency for Days 2 and 3, landing me at Level 7. Determined to improve, I dove into my second attempt, utilizing educational resources from Densmore. Unfortunately, I faced the same hurdle as before, finishing with a Level 2.

Now, as I prepare for Attempt #3, I can’t help but wonder what the outcome will be. Honestly, part of me simply wants to put this whole experience behind me, regardless of whether I pass or fail. The burden of studying has taken its toll, and I yearn for life beyond this examination. If I do succeed this time around, I plan to discard my notes and books, moving forward without looking back.

Acceptance and Moving Forward

Should I not pass, I anticipate feeling down, particularly when faced with the expectations of friends and family. However, I recognize that life doesn’t stop at attaining a CPA designation. There are other pathways, such as pursuing an MBA or exploring new fields entirely. While I can tolerate my current work, I do not find joy in it. The nature of Accounting feels tedious and mundane, making me question my dedication to this profession.

On the flip side, the thought of passing the exam is undeniably appealing. It would grant me a sense of pride and accomplishment, a personal validation that I can overcome the challenge. Yet, I must admit that I hold little respect for the CPA designation itself, particularly in light of its administration following amalgamation.

To me, the CPA signifies a means to an end—a ticket to potentially higher-paying job opportunities. My experience with the designation has been rather lackluster, contributing to my sentiment that it is more of a mixed bag, leaning towards disappointment.

A Frustrating System

Reflecting on the entire CPA Canada process, I can’t help but feel that it’s slightly farcical. The examination experience does little to equip future CPAs with practical skills; instead, it seems to sharpen one’s exam-taking