What to Do?

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  • #188628
    Anonymous
    Inactive

    Ok, some advice needed please…

    Background Info — I’m getting laid off from my job in about 2-3 weeks (not sure the exact date but know it’s coming per a credible source). Fortunately, I was going to leave this company soon anyway and am in an area of the country where my profession is extremely high in demand and I’ve already spoken to 6 recruiters that have been bugging me the past month. What kept me here was that I wanted to wait until my last section was complete. Obviously this throws a wrench in that plan. I’m not too educated on the whole severance pay process. My general understanding is that it will be my normal salary paid out for X amounts of months/pay periods. Financially I am stable (not considering any severance pay) and have a ton in savings. I have my FAR retake in 3 weeks and feel confident about it. Pending my last failed FAR score I was already 3/4 through studying the AUD material so I won’t be starting from scratch there. So, in my mind the answers are the following:

    A) Take this opportunity to study full time until my severance pay is exhausted

    B) Start a new position after FAR, have two streams of income (again if I am understanding severance correctly), and take AUD on my scheduled date — 10/30

    C) Wait until FAR & AUD are done (assuming I knock out both) and start a new position in December with only BEC left

    D) Anyone else’s advice.

    Thanks y’all.

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  • #601507
    StephAV
    Member

    I would start looking but be very picky while continuing to study and sit for the exams. Wait and see what you get in terms of severance. Then reassess your ability to be picky. You don't want to miss out on the perfect job because you were totally unplugged. Plenty of people look for jobs while working full time.

    FAR - 7/13 - 72, 11/13- 74, 2/14- 82!!! Best score ever (for me)!!!
    BEC - 1/14 - 75!!! Perfect score! First Pass! YAY!!!
    AUD - 8/14 - 80!!!
    REG - 5/14 - 72, 10/14 - 66, 1/15 - 78 - DONE FOREVER!!!
    I did 5 of the UNA and CPAExcel classes to earn units.

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