Please ensure Javascript is enabled for purposes of website accessibility

Why Didn’t Anyone Tell Me You Can Earn Gold and Silver Medals on the CPA Exam?!

OK, this is new to me. I’ll admit I don’t know everything about the CPA exam but I try to keep up on as much as I can without actually subjecting myself to that level of masochism. With the deepest respect to those of you who do subject yourselves to that as always, I assure you.

Anyway, what’s this about getting medals for CPA exam scores?! Why didn’t anyone tell me this?

From the Oklahoma State Spears School of Business:

When she received a gold medal for her scores on the Certified Public Accountant exam, Lauren Gorman saw the result that made all of her hard work pay off. Gorman, who is working on her doctorate in accounting, said the award was important in a number of ways. “Receiving the gold medal was important to me because it recognized all of the hard work and months of studying I put into the exam,” Gorman said. “My brother, Ryan Gorman, earned the silver medal on the exam, so I also enjoyed beating him and receiving the gold.” Gorman’s brother took the exam a few years ago. Out of the thousands of students who take the CPA exam, only those who complete all four parts of the exam within one or two testing windows and earn a high score are awarded medals, according to a Spears School of Business press release. Three Oklahoma State University accounting students received the honors. Lauren Gorman and Anne-Marie Lelkes earned gold medals, and Dawn Kruckeberg earned silver.

Correct me if I’m wrong but I think they are referring to the Elijah Watt Sells medals, which isn’t at all clear in the article. A gold medal means A) you studied way too hard and B) you beat out every other candidate testing that year. It also means that you took the exam back when it was paper and pencil, as I’m pretty sure they eliminated the medals post-2004, am I totally wrong?

Prior to the computerized exam, the AICPA would award gold, silver and bronze medals to the top three performers on the CPA exam. When the exam went computerized, thereby allowing more flexibility in testing, they changed it to give the award to 10 of the highest scores in the country each year. To qualify, candidates must score in the very very high 90s on the first attempt (no retakes). Winners receive a plaque and the recognition that comes with being a bad ass high performer (even though no one asks what you got on the exam anyway).

So really… what medals are we talking about? Oh, duh, the Oklahoma State Society of CPAs issues them. It would help if the article mentioned that, I got all excited for a minute there.

Anyway, congratulations and all that.

KPMG Advises Tulsa Police to Get into Arms Dealing

The strangest thing about this story is that KPMG had to tell the City of Tulsa, OKLAHOMA that, you know, maybe they could sell some of these guns to OKLAHOMANS for money.

Selling the hundreds of guns that Tulsa police confiscate each year instead of melting them down is one of several revenue-generating ideas included in the KPMG efficiency report.

But city and police officials said that would have to be done cautiously, if the idea makes it past the evaluation process.

“What (KPMG) is essentially saying is that we are destroying assets that could bring us revenue,” Mayoral Chief of Staff Terry Simonson said.

The report recommends the firearms be sold to certified dealers through the already-established city auction process, rather than incurring $80,000 per year in costs to dispose of them.

Once you’re able to get the idea of Oklahoma actually having firearm dealers around your skull, we will admit that we’re being a tad harsh on Tulsa.

You see, they used to sell confiscated guns until some freedom-hating police chief decided that occasionally these guns end up in the hands of bad people and that destroying them was a better solution. The fact that this even occurred in the Sooner State without a populist uproar and nightly vigils for all the destroyed Smith & Wessons is beyond comprehension.

But never mind that. Here we are, 20 years later and KPMG suggests they get back in the gun trade. God knows municipalities need the money these days and spending $80k melting down perfectly fine weapons is just silly. Sadly, not all guns are created equal:

If the city began selling guns again, [Capt. Jonathan] Brooks said, there are still many of the confiscated weapons that would have to be destroyed.

“Obviously, we wouldn’t be able to sell guns that have been modified or altered from the original manufacturer’s specifications, such as sawed-off shotguns,” he said.

“We also wouldn’t want to be selling any assault-type weapons.”

This guy also probably voted for Obama.

KPMG finds asset in guns [Tulsa World]