Boilerman's lies about Green energy and the facts that refute him

Originally posted by: Boilerman

Kevin uses the terms "profit" and "revenue" in conversations as if they are equal.  I have a degree in finance.  There is ZERO chance that Lyin'Liberal Kevin is a CPA


Boiler, you posture as a fossil fuel industry expert, when almost everything you say is childishly wrong. Then you try to bolster your nonsense with quotes from your imaginary friends.

 

You have a degree in finance like I have a degree in astrophysics. As in...HA!

 

And just so you know, Boiler...actual universities don't care about your political views as conditions for awarding degrees.

Originally posted by: Jerry Ice 33

Fairly impressive if so.  

 

I passed it in WI in 1993.  Not a practicing CPA anymore though.  

 

Better than the assembly line Toad worked on.  


It was my second attempt actually. I failed my first shot six months prior, by one percentage point as it turned out. I was sick as a dog then and called them the day before to see if I could postpone. No way, they said. So I went ahead and showed up. I was in a fog for the whole thing and probably infected twelve people. Still logged a 74 percent somehow--not quite enough.

 

Got 89 percent next time, still not spectacular but adequate to pass. The exam was pretty damn tough, and I'm sure my initial failed attempt helped me in some way.

 

It turned out to be something I wasn't all that thrilled to be doing. After the first few hundred clients, it seemed like every day was the same and all the work was similar. So I kept it up long enough to build up a bankroll and then moved into small business accounting and tax prep, which I didn't even need to be a CPA to do.

Originally posted by: Kevin Lewis

It was my second attempt actually. I failed my first shot six months prior, by one percentage point as it turned out. I was sick as a dog then and called them the day before to see if I could postpone. No way, they said. So I went ahead and showed up. I was in a fog for the whole thing and probably infected twelve people. Still logged a 74 percent somehow--not quite enough.

 

Got 89 percent next time, still not spectacular but adequate to pass. The exam was pretty damn tough, and I'm sure my initial failed attempt helped me in some way.

 

It turned out to be something I wasn't all that thrilled to be doing. After the first few hundred clients, it seemed like every day was the same and all the work was similar. So I kept it up long enough to build up a bankroll and then moved into small business accounting and tax prep, which I didn't even need to be a CPA to do.


It is definitely a grind.....which is why most CPAs go into private industries after 5-10 years.  Even small business accounting and tax work can get pretty repetitive but at least you feel like you are helping small businesses out and they really really depend on CPAs.  

 

I passed 3 of 4 parts the first try and barely snuck by on law which I barely studied for the first time.  In WI, at least, at the time you could pass 2-3 parts as long as you got 50% on the other non-passed parts.  I want to say my law part was in the 52-58% range and then that was easy to pass the 2nd go around by itself.  Had I gotten 49%, the three parts I passed would have been thrown out.  The conditions at the time for taking that test were not very optimal.  It was like 22 hours over 2.5 days and I know I got a pretty good headache one day and they don't care one bit.  And I was sitting on the floor of the arena where the Bucks played at tables spread out and you would be listening to people hack with colds the entire time.  It was fairly brutal.  I want to say it is a lot easier today but not 100% sure. I know a lot of it is now multiple choice and it is way shorter in hours.  

Originally posted by: Jerry Ice 33

It is definitely a grind.....which is why most CPAs go into private industries after 5-10 years.  Even small business accounting and tax work can get pretty repetitive but at least you feel like you are helping small businesses out and they really really depend on CPAs.  

 

I passed 3 of 4 parts the first try and barely snuck by on law which I barely studied for the first time.  In WI, at least, at the time you could pass 2-3 parts as long as you got 50% on the other non-passed parts.  I want to say my law part was in the 52-58% range and then that was easy to pass the 2nd go around by itself.  Had I gotten 49%, the three parts I passed would have been thrown out.  The conditions at the time for taking that test were not very optimal.  It was like 22 hours over 2.5 days and I know I got a pretty good headache one day and they don't care one bit.  And I was sitting on the floor of the arena where the Bucks played at tables spread out and you would be listening to people hack with colds the entire time.  It was fairly brutal.  I want to say it is a lot easier today but not 100% sure. I know a lot of it is now multiple choice and it is way shorter in hours.  


I guess the version I took back then was a little tougher in some ways. The passing score was 75% cumulative, but I don't recall any minimum score for a given section. I do recall that they had us in there for two days of I think, ten hours each--maybe nine. I do remember almost running out of time the first time but not the second. The law part was easy--the math and formulas part was hard; I've always been relatively weak in that area.

 

We were in a classroom at a local community college campus, and had comfortable chairs, at least, and there were only twelve of us taking the test, and two proctors. But it felt more like an endurance test than a knowledge test. At least the do-over was easier; I knew what to expect and I wasn't deathly ill.

 

And yeah, at least when you're helping out small businesses, you feel like you're doing something vital. So many of those folks were completely lost at sea when it came to doing the books and their taxes.

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