Accounting geek question - ACCA or ACA?

csmager said:
Same level as anyone with a degree - apply to an accountancy firm for a training contract. Usually 3yrs (as you need exams + experience).

Take a look at some of the careers pages on the larger accountancy firms - they give you an idea of what it is you're getting into.
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So that means I don't have to take accountancy qualifications like AAT on my own but just apply through a company for training. Are there any graduate accountancy positions which don't require previous accountancy knowledge and qualifications?
 
WingZero30 said:
So that means I don't have to take accountancy qualifications like AAT on my own but just apply through a company for training. Are there any graduate accountancy positions which don't require previous accountancy knowledge and qualifications?
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As far as I know, none of them require any previous knowledege.
 
WingZero30 said:
So that means I don't have to take accountancy qualifications like AAT on my own but just apply through a company for training. Are there any graduate accountancy positions which don't require previous accountancy knowledge and qualifications?
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You should have no problem. I was an engineer and now I am a part qualified accountant. My missus just left a job as a postgrad scientist ... to take on a graduate trainee accountant role.

They should look on you favourably with an engineering degree. Some places do ask for at least a 2:1 however.
 
WingZero30 said:
So that means I don't have to take accountancy qualifications like AAT on my own but just apply through a company for training. Are there any graduate accountancy positions which don't require previous accountancy knowledge and qualifications?
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As csmager says accountancy knowledge isn't generally assumed, if you've got it (and the certification to prove it) then you might be able to skip some of the certificate/foundation/basic level for whatever professional body of accountancy you choose to study with but that's about it. All the professional bodies have some sort of foundation level to make sure that everyone starts from a basic level of competence - it varies what it is called and what it covers to an extent but it's designed to achieve the same purpose.
 
Received my email this morning that i had passed F7 & F8 wooohooooo got 57 marks for them both. Not bad considering i thought i had failed F7 and passed F8 with flying colours. Turns out i did good for F7 and not as good as i thought on F8

Either way im :D :D :D :D
 
Biohazard said:
Yes, the Scottish did get there first (with a lot of things) :p

So, basically, it wouldn't be detrimental to go with the Scottish Institute then?
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The wife says that the ICAS is a highly regarded professional body and out of all of the choices you could make would be the best option if you have the opportunity.

She is ICAEW qualified.
 
Quite so - a lot of the Big 4 pick ICAS. I've done it. Hopefully finished now, but we'll see when the TPE results are out in December...
 
Castiel said:
The wife says that the ICAS is a highly regarded professional body and out of all of the choices you could make would be the best option if you have the opportunity.

She is ICAEW qualified.
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I would have thought it being the original accountancy institute in the UK that this would be the case, doesn't hurt to check though.

I have the opportunity and I think I'm going to take it.

Thanks to Mrs Castiel. :)
 
Would this be a viable alternative to AAT?

http://www3.open.ac.uk/study/undergraduate/qualification/k01.htm

Cheaper and a shorter time frame to qualify, maybe.

You can progress to professional training if you are awarded the Professional Certificate in Accounting. The Certificate has been awarded the following exemptions:

The Chartered Institute of Management Accountants (CIMA) - Exemptions granted to successful Professional Certificate in Accounting students from papers C1, C2, C3, C4 and C5.

The Association of Chartered Certified Accountants (ACCA) - Exemptions granted to successful Professional Certificate in Accounting students from papers F1, F2 and F3.

The International Association of Book-keepers (IAB) - Students successful on B291 or The professional Certificate in Accounting will be eligible for IAB membership.

Applications to other accounting bodies are on-going.
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Something I've been considering as an alternative to AAT.
 
Biohazard said:
Can I ask some of the informed here of the opinion on ICAS?

Perhaps in comparison to ACCA etc?

Does it really matter?

Thanks
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Mate if you can take ICAEW its a bit easier as the knowledge stage is multiple choice and spread through the year, and your case study is seen before you go in.

ICAS is blocked so you sit all your exams at each stage in one exam, e.g. 5 exams in three days, the case study is unseen and there's only half multiple choice at "knowledge" stage (TC).
 
about to start my ATT soon, well probably will wait until then end of the personal tax deadline :p anyone here done it and is it a piece of **** or do I need to work hard?? Exams won't be until next November.
 
dowie said:
Am curious - why would you recommend he does AAT first if he's a graduate?
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Dunno, read the thread I think my wife explains it somewhere. I don't think she was recommending that specifically though, from reviewing the thread it seems that she was making several recommendations depending on certain situations and criteria.
 
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