To become a Certified Public Accountant (CPA) is a great achievement. In total there’ll be around SEVEN years of studying to get to this point, and many people have to retake the exams several times such is their difficulty. A CPA denotes a professional of respectability, integrity and honesty, who will according to their code of ethics “commit themselves to honor the public trust” and give “unswerving commitment to honorable behavior, even at the sacrifice of personal advantage”.. .
It turns out that Rick Mooers passed the CPA exam in 1986 (congrats Rick) and got his license number: CP4184. All he had to do was submit some work he’d done as proof of practical experience and he would be a licensed CPA. But, even though he’d done that experience with a couple of firms in Maine he failed to submit anything to the CPA office. Why? He’s 99.9% there! Very strange.
Hmmmmm. Could it be that he discovered that the penalties for a CPA found responsible for financial fraud are draconian? Go straight to Bubba, do not pass go. What would’ve been a civil crime for Joe Public ends up being a criminal offense for a CPA.