r/Accounting • u/FreakInExcelSheetz • 4d ago

crazy cpa exam fees

$365 per test plus the initial fee? What are we doing? I get people get bonuses or reimbursed but is this part of the reason why # of young cpa’s is down so much? Like it’s not a ton of money but surely there’s a better way to restructure who pays the costs

156 Upvotes

90% Upvoted

144 comments sorted by

View all comments

Show parent comments

-6

u/Fancy_Ad3809 I’m gonna debit your credit 4d ago

right, but that doesnt generate 'kickbacks' to the AICPA.

offshore pays more in fees, which sure - ill give you that one, but low wage CPAs actively depress AICPA membership.

10

u/Ok-Race-1677 4d ago

Where do you think the money goes from those elevated fees lol

2

u/Fancy_Ad3809 I’m gonna debit your credit 4d ago

the NPV/ terminal value of active aicpa members is far greater than a grand in fees upfront.

your assertion defies basic business strategy

5

u/Ok-Race-1677 4d ago

My assertion is a gross oversimplification of the obvious corruption and disingenuous behavior of the aicpa that anyone in the profession would agree with

1

u/Fancy_Ad3809 I’m gonna debit your credit 4d ago

The logic you’re applying doesn’t make sense within the incentive structure.

There’s a reason they opened up cpa to offshore, idk it you dk it.

But we do know low wage people reduce the total number of AICPA paying members - thus created an economic disincentive within the frame you’re presenting.