On November 30, 2018
No one said the road to success would be smooth. Unfortunately, if you are reading this blog, it is likely that you are experiencing what feels like a major sink hole in your road. As difficult as it is to keep perspective, this is merely a speed bump in your career and does not define who you are. Know that the CFE is passable and while you were not successful at this attempt, you will re-write and succeed.
We recognize for many of you it may be the only thing you ever failed in your life and this is a very tough blow. You will need to process your disappointment and maybe anger, and then move on to accepting the results.
Be prepared for reactions from co-workers and family members; assure them you are okay and you will move forward. They will be concerned for you. Your positive attitude will say a lot about the confidence you have in yourself. Some of the hardest conversations you will have will be with your friends and peers who did pass. We encourage you to show a brave face and offer your sincere congratulations. It takes strength of character to do this, but you will be glad you did once it is behind you.
The best advice we can give you at this point comes from the words of that old (and to some, annoying) song, “Let It Go,” as hard as that may seem right now. You have some decisions to make but they can be made over the next few weeks. There will be a follow-up blog to this giving you some specific steps to consider.
Between now and January, take time off, reconnect with friends and family and forget about all things CFE. In early January, once you have had time to process, do some soul searching and be honest with yourself. Figure out your strengths and your weaknesses to determine what worked and what didn’t work. This early assessment is the first step in efficiently utilizing your time to prepare for your next attempt.
Again, we understand how difficult it is to receive unsuccessful results. We want to assure you that the CFE is doable and even though it is not openly discussed, many current CPAs also struggled through the process. Take comfort that once it is behind you, it will rarely ever be mentioned again.