What are the CFA and CPA?

You've already received the answer to the initials. I personally think a CPA gives you better work advantages but I'm biased since I am a CPA. The p rates currently are about 40% per section (since being computerized and split into four parts the p rates have gone up - they previously were about 15%). The CPA exam is now given in four parts. You can get actual p rates at the NASBA website - www.nasba.org. My sister is an attorney who was previously a CPA and said she thought the Bar exam was MUCH easier (and she makes more money than she did as a CPA - so I guess if you are looking for money - go to law school!). The CPA exam is not for the weak at heart!