is becoming a chartered accountant like passing a driving test. pleeeeeeeease answer. i beg for you?
i am only in year 11 right now and my GCSE grades are RUBBISH. i got a grade C for english and maths. a grade D for IT and another couple of Cs and Bs for different subjects. but i am going to study really hard for A levels and produce good grades (something like AAB or even AAA). then after college i will do an undergraduate course in university and i will try hard and get good results there aswell. but my problem is after university what do i do if i want to be a chartered accountant. is it like passing a driving test and becoming a driver. you need practice (workexperiance), you need to pay the fee and you do the test (the exams). and when you pass you r officially a driver. so to become a chartered accountant i need work experience and need to do the exams. but my actual question is that is there any entry requirements to do the exams. i mean like do they look at my gcse grades. or can i just walk in and do my tests and become a chartered accountant. sorry if i made the question complicated. but please answer. thank you
Other - Education - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Go to the website of the Institute of Chartered Accountants,for advice of qualificatins and experience needed.
Answer 2 :
its nothing like passing a diving test, and you failed by not showing initiative to find out
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Thursday, July 28, 2011
Thursday, July 14, 2011
How to become an Accountant (UK)?
How to become an Accountant (UK)?
Hello, I wish to become an accountant and are to study a degree in Accountancy. What would I need to do after this and how do you decide if you're a management or financial accountant, e.g. do you need to target specific accountancy bodies such as ACA, ACCA, CIMA etc? And how do you secure training, do you have to find employment in a specific role before you enquire about training for a professional qualification like ACCA? What I mean is do I need to get a job as an accountant to do this? Thank you
Higher Education (University +) - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
get an accounting degree...
Answer 2 :
The best thing to do is apply for an apprenticship at a local accounting firm. You will get time off for training and of course on the job training. It is pretty minimum wage stuff though. Alternatively you could find a better paying job and then take the AAT courses at night. They will take 3 years but give you an internationally recognised qualification that you can probably find a better paid job with training at an accountants. You need to do ACCA/ACA as CIMA is just for Management Accountants and does not make you a Chartered or Certified Accountant.
Answer 3 :
well with your degree in accounting, you have modules that are exempt so you don't have to study for it in your final qualifcation since there's no point doing the same thing twice. You are a financial accountant if you can understand and fully appreciate the debate fo 'true and fair view' and all the legal stuff. You are a management accountant if you enjoy helping the company make the most profit as possible. You secure training by geting employed with an accounting firm (be it a major firm or a local firm) or an employer who hires accountants in their business e.g. NHS. Depending who you will choose, you will get the type of qualification chosen for you (you don't get to choose which qualification you take once you are employed). Ideally you will have at least 3 Bs at A level or equivallent (prefably As) ACA offers a higher signal than an ACCA. ACA is for financial accountants. ACA is limited to the UK, whereas ACCA allows you to be recognised abroad. CIMA is for management accountants. Hope this helps
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Hello, I wish to become an accountant and are to study a degree in Accountancy. What would I need to do after this and how do you decide if you're a management or financial accountant, e.g. do you need to target specific accountancy bodies such as ACA, ACCA, CIMA etc? And how do you secure training, do you have to find employment in a specific role before you enquire about training for a professional qualification like ACCA? What I mean is do I need to get a job as an accountant to do this? Thank you
Higher Education (University +) - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
get an accounting degree...
Answer 2 :
The best thing to do is apply for an apprenticship at a local accounting firm. You will get time off for training and of course on the job training. It is pretty minimum wage stuff though. Alternatively you could find a better paying job and then take the AAT courses at night. They will take 3 years but give you an internationally recognised qualification that you can probably find a better paid job with training at an accountants. You need to do ACCA/ACA as CIMA is just for Management Accountants and does not make you a Chartered or Certified Accountant.
Answer 3 :
well with your degree in accounting, you have modules that are exempt so you don't have to study for it in your final qualifcation since there's no point doing the same thing twice. You are a financial accountant if you can understand and fully appreciate the debate fo 'true and fair view' and all the legal stuff. You are a management accountant if you enjoy helping the company make the most profit as possible. You secure training by geting employed with an accounting firm (be it a major firm or a local firm) or an employer who hires accountants in their business e.g. NHS. Depending who you will choose, you will get the type of qualification chosen for you (you don't get to choose which qualification you take once you are employed). Ideally you will have at least 3 Bs at A level or equivallent (prefably As) ACA offers a higher signal than an ACCA. ACA is for financial accountants. ACA is limited to the UK, whereas ACCA allows you to be recognised abroad. CIMA is for management accountants. Hope this helps
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Thursday, July 7, 2011
How to become an accountant in U.K.?
How to become an accountant in U.K.?
Hy guys. I'm an 26 years old Italian guy, living in Scotland at the moment and I'd like some advice to understand how to become an accountant in U.K. 1 years and half ago a moved to Scotland to study English, leaving my undergraduate study in Economy ad a part time job in a Chartered Accountant (where I wasn't pay). I don't have a good experience in this sector (actually I was doing this from 8 months when I decided to leave). I've got my diploma in accounting (diploma di ragioneria) that could be compared as an GCSE, but I'm not sure. Actually I'm working in a call center but I was thinking to complete my degree here. In Italy you have to take a degree and after start your training to become a chartered accountant but looking in Internet I was that in U.K. there are more way to accomplish this goal, life fast track. What I really know is if with diploma, 2 years of college in Italy, I've got some chance...and yes, despite to have still improved my english..eheehh...Waithing for some advice...thanks folk Thanks guys...and merry christmas you too...
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yes, you should be able to do this. I'm a member of the ICAEW, but you will probably want to qualify with the Scottish equivalent - ICAS - which was the first professional body of accountants in teh world! In bocca il lupo!
Answer 2 :
Hi Try AAT My girlfriend went on that course at Collage. She now works in an accounts department for a large UK company. Merry Xmas mrfiction
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Hy guys. I'm an 26 years old Italian guy, living in Scotland at the moment and I'd like some advice to understand how to become an accountant in U.K. 1 years and half ago a moved to Scotland to study English, leaving my undergraduate study in Economy ad a part time job in a Chartered Accountant (where I wasn't pay). I don't have a good experience in this sector (actually I was doing this from 8 months when I decided to leave). I've got my diploma in accounting (diploma di ragioneria) that could be compared as an GCSE, but I'm not sure. Actually I'm working in a call center but I was thinking to complete my degree here. In Italy you have to take a degree and after start your training to become a chartered accountant but looking in Internet I was that in U.K. there are more way to accomplish this goal, life fast track. What I really know is if with diploma, 2 years of college in Italy, I've got some chance...and yes, despite to have still improved my english..eheehh...Waithing for some advice...thanks folk Thanks guys...and merry christmas you too...
Higher Education (University +) - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Yes, you should be able to do this. I'm a member of the ICAEW, but you will probably want to qualify with the Scottish equivalent - ICAS - which was the first professional body of accountants in teh world! In bocca il lupo!
Answer 2 :
Hi Try AAT My girlfriend went on that course at Collage. She now works in an accounts department for a large UK company. Merry Xmas mrfiction
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Friday, July 1, 2011
'Chartered Accountant'?
'Chartered Accountant'?
Hi, I am an accounting student, with the goal of becoming an Accountant in the near future. I have read many company annual reports, and on the description of the Finance Management, it normally states that they are a chartered accountant. Now, does this mean that they have the ACA qualification? Or does the word 'chartered' in this case just mean they have any professional accounting qualification, for example, have the CIMA qualification. My ambition is to become a Financial Director in the Future, I am just unsure which professional accounting qualification to work towards to achieve this. Any help/advice would be greatly appreciated. Sam Thanks everyone!
Other - Taxes - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
To be a Chartered Accountant you need to do ACA (Or ACCA) The CIMA qualification is purely Management Accounts ans does not mean you are an accountant.
Answer 2 :
A chartered accountant is a specific title. It is comparable to a certified public accountant in the US. I am an Certified Public Accountant and in order to receive my license, I had to have a certain amount of experience under the supervision of a CPA and had to pass a test covering, accounting theory, auditing, accounting practice and business law. To maintain my license, I have to complete 120 hours of continuing professional education every three years with no less than 20 in any one year. The requirements for becoming a Chartered Accountant would probably be similar.
Answer 3 :
im just wondered about the same q
Answer 4 :
It means they are an ACA. That's the qualification that you should be working towards. Finish your degree and sign up for a training contract with the biggest accountancy firm you can find, preferably in London because there you will be working on better clients and have more opportunities.
Read more other entries :
Hi, I am an accounting student, with the goal of becoming an Accountant in the near future. I have read many company annual reports, and on the description of the Finance Management, it normally states that they are a chartered accountant. Now, does this mean that they have the ACA qualification? Or does the word 'chartered' in this case just mean they have any professional accounting qualification, for example, have the CIMA qualification. My ambition is to become a Financial Director in the Future, I am just unsure which professional accounting qualification to work towards to achieve this. Any help/advice would be greatly appreciated. Sam Thanks everyone!
Other - Taxes - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
To be a Chartered Accountant you need to do ACA (Or ACCA) The CIMA qualification is purely Management Accounts ans does not mean you are an accountant.
Answer 2 :
A chartered accountant is a specific title. It is comparable to a certified public accountant in the US. I am an Certified Public Accountant and in order to receive my license, I had to have a certain amount of experience under the supervision of a CPA and had to pass a test covering, accounting theory, auditing, accounting practice and business law. To maintain my license, I have to complete 120 hours of continuing professional education every three years with no less than 20 in any one year. The requirements for becoming a Chartered Accountant would probably be similar.
Answer 3 :
im just wondered about the same q
Answer 4 :
It means they are an ACA. That's the qualification that you should be working towards. Finish your degree and sign up for a training contract with the biggest accountancy firm you can find, preferably in London because there you will be working on better clients and have more opportunities.
Read more other entries :
Tuesday, June 28, 2011
'Chartered Accountant'?
'Chartered Accountant'?
Hi, I am an accounting student, with the goal of becoming an Accountant in the near future. I have read many company annual reports, and on the description of the Finance Management, it normally states that they are a chartered accountant. Now, does this mean that they have the ACA qualification? Or does the word 'chartered' in this case just mean they have any professional accounting qualification, for example, have the CIMA qualification. My ambition is to become a Financial Director in the Future, I am just unsure which professional accounting qualification to work towards to achieve this. Any help/advice would be greatly appreciated. Sam Thanks everyone!
Other - Taxes - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
To be a Chartered Accountant you need to do ACA (Or ACCA) The CIMA qualification is purely Management Accounts ans does not mean you are an accountant.
Answer 2 :
A chartered accountant is a specific title. It is comparable to a certified public accountant in the US. I am an Certified Public Accountant and in order to receive my license, I had to have a certain amount of experience under the supervision of a CPA and had to pass a test covering, accounting theory, auditing, accounting practice and business law. To maintain my license, I have to complete 120 hours of continuing professional education every three years with no less than 20 in any one year. The requirements for becoming a Chartered Accountant would probably be similar.
Answer 3 :
im just wondered about the same q
Answer 4 :
It means they are an ACA. That's the qualification that you should be working towards. Finish your degree and sign up for a training contract with the biggest accountancy firm you can find, preferably in London because there you will be working on better clients and have more opportunities.
Read more other entries :
Hi, I am an accounting student, with the goal of becoming an Accountant in the near future. I have read many company annual reports, and on the description of the Finance Management, it normally states that they are a chartered accountant. Now, does this mean that they have the ACA qualification? Or does the word 'chartered' in this case just mean they have any professional accounting qualification, for example, have the CIMA qualification. My ambition is to become a Financial Director in the Future, I am just unsure which professional accounting qualification to work towards to achieve this. Any help/advice would be greatly appreciated. Sam Thanks everyone!
Other - Taxes - 4 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
To be a Chartered Accountant you need to do ACA (Or ACCA) The CIMA qualification is purely Management Accounts ans does not mean you are an accountant.
Answer 2 :
A chartered accountant is a specific title. It is comparable to a certified public accountant in the US. I am an Certified Public Accountant and in order to receive my license, I had to have a certain amount of experience under the supervision of a CPA and had to pass a test covering, accounting theory, auditing, accounting practice and business law. To maintain my license, I have to complete 120 hours of continuing professional education every three years with no less than 20 in any one year. The requirements for becoming a Chartered Accountant would probably be similar.
Answer 3 :
im just wondered about the same q
Answer 4 :
It means they are an ACA. That's the qualification that you should be working towards. Finish your degree and sign up for a training contract with the biggest accountancy firm you can find, preferably in London because there you will be working on better clients and have more opportunities.
Read more other entries :
Tuesday, June 14, 2011
Being an accountant - difference between ACA and ACCA? UK?
Being an accountant - difference between ACA and ACCA? UK?
i.e in years to qualify/difficulty/salary etc? UK
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Hi Both are fully qualified chartered accountants - ACA with the Institute of Chartered Accountants and ACCA with the Association of Chartered Certified Accountants. Both are allowed to qualify as registered auditors, and both provide services to companies and the general public. Details of ACA salary levels can be found at http://www.icaew.com/index.cfm?route=158499 Details of ACCA salary levels can be found at http://www.accaglobal.com/uk/students/careers/surveys/ and http://www.accaglobal.com/allnews/national/ireland/salaryguide2007 They have different syllabuses and exam structures. There is not really enough space here to go into the detail but if you visit the websites (links below) you will find them helpful. I run a small accountancy firm (10 employees) and for my clients I have tended to find that the ACCA qualification equips my staff the best for the support we have to give. My clients tend to be small and medium sized businesses (turnover up to a few million pounds). I personally trained originally through the Institute of Chartered Accountants in England and Wales - you will note I tend to employ members of the other body. That may or may not tell you something. In my view (and it may only be my view) I tend to find that the ACCA qualification is more commercially focussed.
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i.e in years to qualify/difficulty/salary etc? UK
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Hi Both are fully qualified chartered accountants - ACA with the Institute of Chartered Accountants and ACCA with the Association of Chartered Certified Accountants. Both are allowed to qualify as registered auditors, and both provide services to companies and the general public. Details of ACA salary levels can be found at http://www.icaew.com/index.cfm?route=158499 Details of ACCA salary levels can be found at http://www.accaglobal.com/uk/students/careers/surveys/ and http://www.accaglobal.com/allnews/national/ireland/salaryguide2007 They have different syllabuses and exam structures. There is not really enough space here to go into the detail but if you visit the websites (links below) you will find them helpful. I run a small accountancy firm (10 employees) and for my clients I have tended to find that the ACCA qualification equips my staff the best for the support we have to give. My clients tend to be small and medium sized businesses (turnover up to a few million pounds). I personally trained originally through the Institute of Chartered Accountants in England and Wales - you will note I tend to employ members of the other body. That may or may not tell you something. In my view (and it may only be my view) I tend to find that the ACCA qualification is more commercially focussed.
Read more other entries :
Tuesday, June 7, 2011
What are wages like for newly qualified accountants at PWC in the UK?
What are wages like for newly qualified accountants at PWC in the UK?
My friend left school at 18, and works for PWC audit. They are now 22 and have just qualified as an accountant (ACA) - how much will they be earning?
Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This gives a guideline on the salary ranges: http://www.hays.com/library/pdf/accountancy/practice-aug-2006.pdf
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My friend left school at 18, and works for PWC audit. They are now 22 and have just qualified as an accountant (ACA) - how much will they be earning?
Careers & Employment - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
This gives a guideline on the salary ranges: http://www.hays.com/library/pdf/accountancy/practice-aug-2006.pdf
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