Right then. Retraining as an accountant?

Right then. Retraining as an accountant?

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Discussion

Countdown

39,967 posts

197 months

Thursday 24th November 2011
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paulrockliffe said:
Oh right. I guess the draw back of not being qualified is being limited in the amount of work you can win as clients will expect some proof of competance beyond your say so?
Some will. sadly most will put more emphasis on your hourly rate

paulrockliffe said:
What can you do with the various qualifications that you couldn't do before?
The only thing you couldn't do is statutory audits.

Eric Mc

122,053 posts

266 months

Thursday 24th November 2011
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Countdown said:
The only thing you couldn't do is statutory audits.
And even then, only ACAs and ACCAs who hold up to date Registered Auditor status can carry out statutory audits.

Trackside Junior

412 posts

224 months

Thursday 1st December 2011
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Hi,

Sorry if someone has already put what I'm about to put, but I should be doing AAT work instead of checking PH!

If you've already got the experience in auditing, then you'll already be familiar with the accounting principles etc so could go straight to CIMA/ ACCA etc, but need to pass all of the exams and have at 3 years experience before you can become a full member.

Alternatively, you could do AAT and then CIMA/ ACCA/ ACA. I can send you some AAT practice papers to see if you'd pass them straight away as you may not need to spend a year or so on each level.

You can do on the job training, for example, if you can get in with a good accountancy firm, quite a few of them are registered training providers, or will at least support your training. Alternatively, you can do them with companies such as Kaplan Financial. I'm not sure about ACCA etc, but AAT is about £700 per level I think.

Annie

Trackside Junior

412 posts

224 months

Thursday 1st December 2011
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Also, with regards to the job market, everyone needs an accountant biggrin

Agencies are alright, but I applied for a job through an agency a few months ago and the agency wouldn't put me forward as I didn't get an A in Maths GCSE, but I phoned up the company myself, pleaded my case and got an interview!

I didn't get the job as someone with experience just crept past, but the gent who interviewed me gave me some great feedback and advice and it ended up being extremely worth while!


paulrockliffe

Original Poster:

15,718 posts

228 months

Friday 2nd December 2011
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Hello Annie,

Thanks for that, really useful to have that detail, I don't think anyone had added that to the thread already, so much appreciated. I would like to have a look at those papers, can you email them over to me? Also, do you have a reading list for the exams, I might buy some text books.

Thanks

Paul.

Trackside Junior

412 posts

224 months

Friday 2nd December 2011
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Of course, I'll send them over after work!

Another one to try in the mean time is AAT skills check, that'll give you an idea of what level to start at.

In the way of books, kaplan are a good one, I use them to give myself a head start so that I can take the exams earlier. They're a bit long winded though but very detailed. Or we use Osbourne books where I'm studying it, they're quite good. The only thing to bear in mind is that they tell you to round the VAT up, whereas for the AAT exam you'd need to always round down.

smile

paulrockliffe

Original Poster:

15,718 posts

228 months

Friday 2nd December 2011
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Brilliant thanks!