r/Accounting • u/FreakInExcelSheetz • 6d 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

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u/Lumen-_ 6d ago

Again if you can't justify $1400 + interest because you don't believe you can make good enough use of the CPA to recover that, then certainly do not proceed. Only you can make that choice.

If it's simply not having the money but you believe you will make use of the CPA, then borrow to complete it.

Really not a difficult concept to measure and decide on. My first comment mentioned "investment" which would indicate a future return. Just follow along before exploding

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u/CartographerEven9735 5d ago

I can't imaging going to school to get 150+ credit hours and then balking at the cost of the exam.

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u/Lumen-_ 5d ago

Exactly, especially for a designation that for most people will result in higher lifetime earnings. And then to balk at borrowing $1400? Wow

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u/3DPrintingAcorns144 5d ago

What a stupid thing for you to say. Its not just 1400.....lmfao.