CPA Exam Results: How to Handle Failure

This post is to offer a shoulder to lean on to those who have failed the CPA exam. [The exams have started coming out. I saw a twit from Jeff[another71] that the AICPA had released BEC. [Shout out to Jeff: Good work, man! Keep up the good work!]]

First of all, to those who have passed any section, I would like to say Congratulations! It is a big achievement to pass any section of the CPA exam. I wish you lots of success and happiness!

To those who have failed. Sorry for not passing.  Here is how I would go about handling or thinking about the situation. Actually, I have already thought about how I am going to handle it if I fail REG which will come out in the next day or so. It was in yesterday’s post: CPA exam results: How to Handle the Waiting. Okay, here we go:

1 – You are not alone. What do you understand from that sentence? I would suggest that you read it over, and even say it out loud a couple of times. “I am not alone.” “I am not alone.” “I am not alone.” “I am not alone.” “I am not alone.” “I am not alone.” Now that you have said it at least 5 times, I ask you again, What do you understand from that sentence? It is important to answer that question. My personal answer is long, but I can give a brief version here. First, from a spiritual point of view, I believe I am not alone. The Bible tells me so. This poem tells me so:

Footprints in the Sand (image credit)

One night I dreamed I was walking along the beach with the Lord. Many scenes from my life flashed across the sky.

In each scene I noticed footprints in the sand. Sometimes there were two sets of footprints, other times there was one only.

Footprints in the sand - You are not alone!

Footprints in the sand - You are not alone!

This bothered me because I noticed that during the low periods of my life, when I was suffering from anguish, sorrow or defeat, I could see only one set of footprints, so I said to the Lord,

“You promised me Lord,
that if I followed you, you would walk with me always. But I have noticed that during the most trying periods of my life there has only been one set of footprints in the sand.
Why, when I needed you most, have you not been there for me?”

The Lord replied, “The years when you have seen only one set of footprints, my child, is when I carried you.”

Mary Stevenson, 1936

Another way to look at it (it = that you are not alone), is that about half of the people who take the exam do not pass it. Please see below.

About 50% of CPA candidates pass (or fail) the CPA exam

About 50% of CPA candidates pass (or fail) the CPA exam

Source: http://www.illinois-cpa-exam.com/files/scorerelease.pdf

So, spiritually, and “CPA-ally” , you are not alone! Knowing that I am not alone when I suffer gives me comfort. I will not explain how or why. May be in another post I will. I hope this knowledge gives comfort to those who have failed.

2 – Look on the positive side of life. Count your blessings. Even during the times that one thinks he or she has hit rock bottom, there is a silver lining. Let us count some of the ways. You are still alive. If you think your life is not worth it, those who love you or who depend on you for their happiness think your life is worth living. They could give anything to make sure you are still alive. Be thankful for life. You are healthy. You can read. You have access to this information. You may have a wonderful son, daughter, father, mother, wife, husband, friend, teacher, etc. You have food. You have transportation. You have money. You have a brain that is functioning properly. You are safe. You are in the top 30% of the most educated people in the USA (I am assuming that may be the level has gone up 4 points since 2003; I am assuming that you already have your Bachelors – i.e. condition for being allowed to take the exam – if not conditional-):

If this was 2003!! You would be in the top 26% of the most educated people in the USA

If this was 2003!! You would be in the top 26% of the most educated people in the USA

source: http://www.census.gov/acs/www/Products/Ranking/2003/R02T040.htm

3 - Focus on things that cheer you up. A baby’s smile, a funny movie, loved ones, times when you achieved something, the compliments you have received in your life time. I would suggest that if you are alone and you do not have people who can cheer up, you write down all the compliments you have received in your life. If you don’t have pen and paper, you may type it up in the computer you are using! If you cannot do that, please find pen and paper! If not, think about it for 5-10 minutes. I think about the times I won Chess tournaments. I think about the many times I have been told I am cute ;-) I think about my girlfriend and her laughter! I think about the times I said something that was really funny and everybody cracked up – even though I cannot remember the specifics. Now I can think about all the good people out there, that I have not met, but are either linking to this blog, reading this blog, commenting on this blog, or just laughing at me for what I am writing! There are a lot of things I can do to feel better, only if I give myself a chance.

4 – Forget myself and focus on other people or other things. Self-absorption is one of the major causes of anxiety, unhappiness, low self-esteem,… (disclaimer: I am not a qualified psychologist, [I am serious!] think, I am also taking the CPA exams ;-) Anyway, on a serious note, I have found that when I am so busy or so involved in something, I have no time to think about myself. The other side of it is, when I think about myself so much, I have no time to think about other people or other things, and life passes me by.

5 – Move on. The past cannot be changed. Now, why should I lose my present (and my future which is quickly turning into my present with every passing moment) by focusing on things I cannot change. In the 7 Habits of Highly Effective People, Stephen Covey talked about Circle of Influence and Circle of Concern. The more you focus on your circle of Influence (i.e. the things you have control over), the larger it gets, and small the Circle of Concern gets. You can read more about that at the link below.
Focus on things you can control grows your Circle of Influence
Focusing on things you can control grows your Circle of Influence

source: http://www.breakoutofthebox.com/circle.htm

We will talk about registering and then starting to study again in the next post. [May be I will just add to this.]
Thank you for reading and I hope you found that helpful.

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7 comments

  1. Dreamerwaves says:

    This wonderful! I am so happy I came across your site!!! Excellent post!!!

  2. Morgan says:

    What a great post! Many people fail an exam and then lose motivation, begin doubting themselves, and even ultimately give up. It is important to find the positive sides of life and remember that although you tried hard, it is not the end of the world.

    Students should try getting a cram and trying to take the test again. This will reinforce the concepts they already learned and help them remember better. Although, if they really didn’t put as much effort in the first go round as they should try getting a good review course or starting over. The good part is that with the CPA Exam, you can try and try and try until you pass.

    Although failing is disappointing and frustrating, I completely agree that it is important to stay positive and cheer yourself up with things and people that comfort you. Well said :)

  3. @Dreamerwaves – I am happy you stopped by and left a comment. Thanks for the kind words. I hope you will enjoy future posts just as much.

  4. @Morgan – thanks for your insightful comment. I really appreciate it. You would know best regarding the cram and all since you offer one of the best known CPA review courses around. I intend to write a post on how to approach the retake, so I may ask you to help me with writing that post. Thanks in advance!


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