Navigating the CPA Journey: My Three Attempts at the CFE

As I prepare for the Common Final Examination (CFE) in just two days, I find myself overwhelmed with a mix of emotions. This upcoming attempt marks my third go at this rigorous exam, and with each step, the journey has become increasingly complex.

A Brief Recap of My Previous Attempts

• Attempt One: I managed to pass Day 1 but stumbled on the Level 1 Sufficiency for Days 2 and 3, receiving a Level 7.
• Attempt Two: Despite my efforts, I faced a similar fate with Level 1 Sufficiency once again and ended up with a Level 2. For this attempt, I employed the Densmore method.
• Attempt Three: Here I am, on the brink of my third attempt—and honestly, who knows what will happen?

Ready to Move On

Part of me wishes for this all to be over, one way or another. Whether I pass or fail, my goal is to reclaim my life after this examination. Once it’s in the rearview mirror, I plan on discarding my notes and textbooks and finally moving forward.

Of course, if I do not succeed, the emotional toll will linger for a while. The disappointment, especially in front of friends and family, is something I’m preparing myself for. However, I am also aware that life continues beyond the CPA designation. There are ample opportunities, such as pursuing an MBA or even venturing into entirely different fields.

To be candid, my interest in Accounting is minimal. I tolerate the work but do not find any real enjoyment in it. The daily tasks often feel mundane and tedious, and that reality weighs heavily on my enthusiasm for this path.

The Mixed Blessings of Passing

Admittedly, should I pass the CFE, it would be a significant achievement for which I could feel a burst of pride. The satisfaction of overcoming the challenge would be rewarding, but I recognize that it would primarily serve as personal validation. My respect for the CPA designation itself has diminished over time, largely due to the way it has been administered since the amalgamation.

To me, the CPA designation serves merely as a means to an end—essentially a stepping stone to securing a better-paying job. My experiences have painted a picture of the CPA process as largely lacking in value. Rather than preparing individuals to become effective CPAs, it seems