Did not get the accounting promotion because I studied too hard on CFA

It’s funny that you brought out the scenario analysis. I was doing self reflection when I got notice that I did not get the promotion. And then I question myself: what if I got the promo now but did not clear LIII? I would not want to torture myself another year for the CFA prep, and I do have plan to have a family and enjoy my life and relocate. Thus, Scenario 1 is what I think I would choose when compared to scenario 2. Like you mentioned, I don’t even want to stay with Public Accounting firm (aka looking for career switch), so the promo does not play an essential part. I really appreciate your analysis. :)
Deal_Clincher wrote:
Look at your career from long term perspective. In short run letting go a promotion is definitely okay. If you are eager to switch your career into investments, it does not even matter.
Scenario 1: the aforementioned
Scenario 2: you get the promotion but fail to clear LIII
Which makes you happier? There is always a tradeoff.
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tamiesurok wrote:
Hello, do you mean getting CFA experience verification? I do need to change a job in order to get valid experience for CFA, as my background is purely auditor now. So it’s gonna be a while before I apply for CFA experience verification. But keep in touch as we have very similar situation. P.s. what kind of firm are you thinking about having? I’m very interested to know :D
LadyMacbethStrategy wrote:
So you are an auditor in an accounting firm. I can relate, been there, struggled to get my accounting qualification during busy seasons over the years, but I did it! Now I am studying for my L3, and I am out of these firms currently, so hopefully I can nail L3 in June (started my own firm on the side though!).
Are you applying for the experience soon? Please let me know, I’d like to get some insights from you since we come from a similar background and I plan to get my experience approved before I attempt L3.
Click to expand...
Click to expand...
Audit experience does count, CFAI lists “Auditor” as an accepted profession. But you need to word your experience properly, that’s why I asked you. I’ve started a firm that provide accounting/consutling services. Just like any other firm.
 
Good to hear that! Then I’m a couple months away from getting all 4 year experience. Keep in touch, and I’ll let you know when I applied. MY what’s app is 9023713570 :)
LadyMacbethStrategy wrote:
tamiesurok wrote:
Hello, do you mean getting CFA experience verification? I do need to change a job in order to get valid experience for CFA, as my background is purely auditor now. So it’s gonna be a while before I apply for CFA experience verification. But keep in touch as we have very similar situation. P.s. what kind of firm are you thinking about having? I’m very interested to know :D
LadyMacbethStrategy wrote:
So you are an auditor in an accounting firm. I can relate, been there, struggled to get my accounting qualification during busy seasons over the years, but I did it! Now I am studying for my L3, and I am out of these firms currently, so hopefully I can nail L3 in June (started my own firm on the side though!).
Are you applying for the experience soon? Please let me know, I’d like to get some insights from you since we come from a similar background and I plan to get my experience approved before I attempt L3.
Click to expand...
Click to expand...
Audit experience does count, CFAI lists “Auditor” as an accepted profession. But you need to word your experience properly, that’s why I asked you. I’ve started a firm that provide accounting/consutling services. Just like any other firm.
Click to expand...
 
tamiesurok wrote:
Good to hear that! Then I’m a couple months away from getting all 4 year experience. Keep in touch, and I’ll let you know when I applied. MY what’s app is 9023713570 :)
LadyMacbethStrategy wrote:
tamiesurok wrote:
Hello, do you mean getting CFA experience verification? I do need to change a job in order to get valid experience for CFA, as my background is purely auditor now. So it’s gonna be a while before I apply for CFA experience verification. But keep in touch as we have very similar situation. P.s. what kind of firm are you thinking about having? I’m very interested to know :D
LadyMacbethStrategy wrote:
So you are an auditor in an accounting firm. I can relate, been there, struggled to get my accounting qualification during busy seasons over the years, but I did it! Now I am studying for my L3, and I am out of these firms currently, so hopefully I can nail L3 in June (started my own firm on the side though!).
Are you applying for the experience soon? Please let me know, I’d like to get some insights from you since we come from a similar background and I plan to get my experience approved before I attempt L3.
Click to expand...
Click to expand...
Audit experience does count, CFAI lists “Auditor” as an accepted profession. But you need to word your experience properly, that’s why I asked you. I’ve started a firm that provide accounting/consutling services. Just like any other firm.
Click to expand...
Click to expand...
Does the provided number include the country code? It doesn’t appear in my Whats App. I’d like to be kept updated as I plan to send my experience in this coming period and get it out of the way before I attempt level three… I already have more than four years worth of experience
 
Check your inbox :)
LadyMacbethStrategy wrote:
tamiesurok wrote:
Good to hear that! Then I’m a couple months away from getting all 4 year experience. Keep in touch, and I’ll let you know when I applied. MY what’s app is 9023713570 :)
LadyMacbethStrategy wrote:
tamiesurok wrote:
Hello, do you mean getting CFA experience verification? I do need to change a job in order to get valid experience for CFA, as my background is purely auditor now. So it’s gonna be a while before I apply for CFA experience verification. But keep in touch as we have very similar situation. P.s. what kind of firm are you thinking about having? I’m very interested to know :D
LadyMacbethStrategy wrote:
So you are an auditor in an accounting firm. I can relate, been there, struggled to get my accounting qualification during busy seasons over the years, but I did it! Now I am studying for my L3, and I am out of these firms currently, so hopefully I can nail L3 in June (started my own firm on the side though!).
Are you applying for the experience soon? Please let me know, I’d like to get some insights from you since we come from a similar background and I plan to get my experience approved before I attempt L3.
Click to expand...
Click to expand...
Audit experience does count, CFAI lists “Auditor” as an accepted profession. But you need to word your experience properly, that’s why I asked you. I’ve started a firm that provide accounting/consutling services. Just like any other firm.
Click to expand...
Click to expand...
Does the provided number include the country code? It doesn’t appear in my Whats App. I’d like to be kept updated as I plan to send my experience in this coming period and get it out of the way before I attempt level three… I already have more than four years worth of experience
Click to expand...
 
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