Newly qualified ACCA

Author
Discussion

Countdown

39,906 posts

196 months

Saturday 18th April 2015
quotequote all
Lostprophet said:
Spot on.

Working in practise is ste. Avoid it as much as you can. That and financial services. Both dry.

I am a ACMA qualified guy. I definitely find working in property management industry quite interesting plus I travel a lot. Not sure on my next move however its leaning towards head of finance/operations.

Best of luck.
LP - if you're ACMA I'm guessing you won't actually have worked in practise or external audit? For me that was the big benefit of ACCA, in that it allowed you to move between management accounting, tax, and audit.

DaveyA

40 posts

202 months

Friday 1st May 2015
quotequote all
I'm in a similar sort of position - been in practice since i was 19, now 30. Qualified AAT 8 years and ACCA 3 years. Looking to move into industry. I have had multiple application rejections stating they have found somebody more suited to the job. I have extensive experience in accounts prep, tax, management accounts and some audit (i'm not a big fan of this area).
From speaking to recruiters it seems it is because i am from a smaller practice background - dealing with companies with turnovers in region of £12m. They have advised me to jump to a bigger practice for a year or 2 then try the move into industry. Have meetings lined up next week with both UHY hacker young and BDO who seem to be interested in me.
Has anybody made the transition before and if so, how easy was it?

s2kjock

1,686 posts

147 months

Saturday 2nd May 2015
quotequote all
Rounded smaller firm experience is generally well regarded by larger firms so you should be fine. We are a provincial independent and qualifieds from smaller firms with good experience are preferred for us.

I imagine you will end up having to specialise more, and it may well be less "friendly" ie longer, harder hours, more cost/budget pressure but it might be what you are used to anyway.

Our trainees who go on to industry follow a similar path, often work ing with us for 2 years or do before they are lured away/get fed up with auditing biggrin