Quote:
Originally Posted by JeanLucPicard
Hey CP
I am going to be working with a small accounting firm starting mid November (non pre-approved route), and I will do the PEP core modules starting January next year.
If there are any CPAs here who have experience with articling students, or if you are an articling student yourself, I wanted to know your experience.
How is it like during the first week? What kind of assignments / expectations will I have in terms of tax, assurance/auditing, and financial accounting assignments? Anything I should watch out for?
Thanks!!
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Good luck to you! EV route sucks. I hope it will be easier for you working for a firm, but as someone working in industry having to do the EV was the worst part of the whole experience. And that includes the clusterF that my CFE was.
The PEP modules can be a bit of work, the Core modules are not bad, it is taking your Degree and applying it to situations more than learning depth, that's the electives job. Their estimates of work required (15 hours a week I think?) were actually pretty close. I would recommend using the resources given and following their schedule as much as possible. I didn't and it caught up to me in the electives. Check out the survival guide at the start of each course, its worth it.
I can't really say much about tax and assurance as I took the Finance/Performance Mgmt, but there is a good mix of all of it in the Core modules.
Really the number one thing to take from the courses and assignments is case writing. Knowing how to properly read/breakdown/analyze a case in the time allotted is the number one thing that will get you through the CFE.