[MagCFO]

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I am much more informed than you know. You should do a little bit of research on the poster before you make ignorant claims. I live in the house of the informed on this topic. It is well known on these boards that I am a CPA and have been responding as such from my first post here.

My pay raise when I got licensed was $2500 and that was almost 6 years ago. At the end of that year, I was also promoted, solely on the basis of attaining my license, which is also the industry standard in my area. I can also guaranty you that I made more money than the non-CPAs at my level of the firm, since we do talk about those things.

I didn't say that he couldn't get a job at a Big 4 firm because they will take anybody with a degree at this point since all accounting firms are desperate for bodies. However, I stand by my claim that PWC would pay me substantially more than they would pay Moneymaker.

Please feel free to correct my "uniformed" opinion of the industry in which I work.

Some additional facts for you: the CPA license can be acquired after 1 year of audit work. It took me 1.5 years to have all of my time percentages work. The 1 year requirement requires a 5 year degree in NY. Some states required only the exam to be passed as recently as 10 years ago, but most have added the 5 years of education requirement, in addition to service requirements.

Let me know if you would like some additional lessons in how the accounting profession works today. Also, feel free to check my posts on taxation for accuracy, since you seem to know so much.

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You're a tax nerd, that explains it. Thanks.

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And one more thing, since CPA license are state sanctioned, the requirements depend on which state you live in. In Georgia, it's 2 years if you work in public accounting.

Either way, the difference is not worth discussing. I'm a CPA myself and worked in public accounting up until, oh, about 3 weeks ago. I think I know how it works.

Unless you're a partner or senior manager, no one is making "significantly" more than anyone else, especially on the tax side.

So you're a senior without a CPA license, you may make $75k. With a CPA license, you may make $80k. Either way you don't make jack, so who cares.

I've worked for 3 firms and none gave a rip if you were a CPA or not. You don't have to be a CPA unless you are going to sign a report or tax return.

We all know passing the CPA doesn't prove a damn thing and most good firms realize that.