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Looking for some honest, even if may be hard to hear, feedback.
As a way of some background – I am career tax guy. It’s a specialty tax service that barely deals with any of the topics on any of the four CPA parts. I have been in this field for ten years, and have never worked in “accounting” or “auditing”.
Early this morning I got my AUD score – a 71. I have taken the exam five times, two of those times I didn’t get to study (took it because I paid for it and NTS was set to expire). I put a decent amount of effort the last three times and the last time because I took off a few days from work. I lost my credit for FAR (as of 5/30) and will be losing credit for BEC (on 8/31 and REG (on 11/30).
Even if I pass AUD the next time that I take it, the odds that I pass FAR after not having looked at the material in 18 months is pretty slim since it took me five tries each with decent amount of studying. So here I almost four years in and basically have to start all over.
Honestly strongly considering giving up at this point. I have been on this journey for almost four years almost nonstop (had to take off six months in between due to some health issues which is how I lost BEC and REG). I have gone back and forth in my head a few times about what to do, and there are a ton of reasons both for and against quitting.
Here are core reasons for and against quitting:
GIVE UP:
1) I really don’t need the credential; I make a really good living right now in my current position. If I had to look for a new job I could get a secondary credential (EA, CMI, etc.), which most firms now accept. If anything it is limiting my earning potential – my boss has acutally said “you can pursue this as long as you want, but you know you would be making more money if you give up”.
2) It’s just plain embarrassing to tell people that I am still studying for exams at this point. A lot of friends and family now just think that I just use “studying” as a ruse to avoid doing things. I recently received a verbal invite to an event where the guy asked would I be coming or will I be “studying”? He actually used air quotes when saying the word “studying”.
3) I have two young children, tired of missing out on watching them grow up.
DON’T GIVE UP
1) I am not a quitter. This would be the first thing in my life that I really wanted that I am giving up on.
Thanks for the feedback
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