6-8: According to the book, it is incredibly important to successfully complete the CPA exam in the first year. Jack Butler informs us that new staff members can greatly distinguish themselves by passing the CPA exam the first attempt because so few people manage to do so. Other benefits of this would include spending less time studying and more time working, financial benefits of not having to pay for additional attempts, and it is mandatory in order to move up in the company.
9-7: If someone is to leave public accounting and go into industry there are many things to take under consideration. One would be to answer the question of “do you really want to go into industry?” This seems like a simple enough question to consider, but it goes a little deeper. With any major decision it is imperative to consider the things you would like and dislike about the job you would be moving to. One should also consider if the company is a good fit. Finally, someone interested in going into industry they should consider how they are progressing in their current firm first.
14-6: The answer to the question of “is it possible to have both a successful career and a healthy personal and family life,” is really an arbitrary one at best. Of course it is possible, but it all depends on the person and the position. Obviously there are going to be tradeoffs. As indicated in the book, there is the possibility of stress related health issues to consider. There is the possibility that significant time may be spent in the office or traveling, as opposed to being spent with family. As indicated by The Auditor, it would be important to introduce some sort of guideline or outline that will indicate priorities and what actions are appropriate when it comes to the work/home life balance.
3-a: Through my reading of The Auditor, I have gained a useful insight into the life of an auditor or public accountant and the developmental process of becoming an auditor or