ACCA/CIMA info

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Discussion

Number 8

87 posts

193 months

Thursday 27th January 2011
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Night Runner said:
If my employer doesn't want to pay the fees it looks like I get 10% off with Kaplan anyway, due to who I work for. Woo Hoo!
One thing I would say about Kaplan is that whilst they are excellent at getting people to pass their professional qualifications, that is all they will do. They will literally tell you what to write and the correct wording to ensure maximum marks, which is no bad thing, but I think for some people this style of learning is not very conducive to actually "learning".

I can only comment on ACA lessons. Good luck OP, well worth the effort.

Night Runner

Original Poster:

12,230 posts

194 months

Sunday 30th January 2011
quotequote all
Cheers for the info everyone, especially Family Dub - excellent!

I have now been asked to write a proposal as to why work should pay for the qualification. They have a scheme, however it doesn’t usually apply to my area of the business.

This came about as my current boss appears to be very forward thinking (get their claws into me now before I progress to a stage where it would be usual for someone in my position to move out of the department), I have nothing against this as it would provide certain assurances/security to me.

So, that's tonights work!

I think I will basically set out my experience in the past, essentially accounts based, lower level where I have put certain recording methods etc in place of my own back. Through to current work, planning annual and reviewed budgets, forecasting etc. I aim to show how having me go through the course can be of benefit to work, tying the financial and commercial aspects together etc.

Interestingly all the internal financial vacancies (well, 95% of them, the remaining 5% being audit posts) ask for either ACCA or CIMA.

Should anyone have any further suggestions they would be warmly welcomed!

Cheers,

Night Runner

Original Poster:

12,230 posts

194 months

Thursday 17th February 2011
quotequote all
So... someone may have had theeir funding proposal signed off... whistle









Let the coffeeteachertyperead begin!


bouncebouncebouncebouncebouncebouncebouncebouncebouncebounce

cailean

917 posts

173 months

Thursday 17th February 2011
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Good stuff, which will you go for?

FamilyDub

3,587 posts

165 months

Friday 18th February 2011
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Yeah, which one... wink

Night Runner

Original Poster:

12,230 posts

194 months

Friday 18th February 2011
quotequote all
CIMA, it makes the most sense given my career path and I find it the more interesting if the two, personally.

Eric Mc

122,033 posts

265 months

Friday 18th February 2011
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That's a pity. I always thought CIMA was a bit more restricted in its spread. ACA and ACCA give a much broader spread of accounting and business knowledge - which you can then use to make decisions about later.

pb63

238 posts

163 months

Friday 18th February 2011
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Well done for picking the better qualification (in my biased opinion of course).

FamilyDub

3,587 posts

165 months

Friday 18th February 2011
quotequote all
Now, now, people...

OP has chosen the best qualification for him.

Best of luck with the studies.

cailean

917 posts

173 months

Friday 18th February 2011
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Good luck with the studies, it will be hard work but worth it in the end.

(if you are looking for a good ACCA Auditor give me a shout. I'm sure Eric will be there for you if you need good ACCA accounting/tax advice - just joking... :-)

northandy

3,496 posts

221 months

Friday 18th February 2011
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Well done !

Now the hard work starts.

Night Runner

Original Poster:

12,230 posts

194 months

Wednesday 25th May 2011
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Exam #1 passed.

Now to book the 2nd for about a months time.

Eric Mc

122,033 posts

265 months

Wednesday 25th May 2011
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Congratulations.

No turning back.

Night Runner

Original Poster:

12,230 posts

194 months

Wednesday 25th May 2011
quotequote all
I know - especially as my employer has agreed to meet the course/exam costs for the first 5 parts. We then review how to proceed after that.

I got slightly sidelined for 5-6 weeks due to a budget review I was given.

I'm also taking advantage of the (free!) CIMA organised events - guest speakers/training etc (I presume ACCA etc do similar things).


Welshbeef

49,633 posts

198 months

Sunday 29th May 2011
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Well done.
It is a hard slog it does use up your weekends and evenings for three of four or five years depending on how things go BUT your gaining a professional qualification which is broardly an MSc sort of additional qualification but highly business focused and let's not kid our selves here your doing it to improve your earnings ability which it most certainly will.

As far as salaries go location does play a notable part to it and s o as your experiance and expertise builds alongside sprlecific projects you have delivered trust me the salary ranger posted earlier can be utterly smashed/doubled and more I kid you not.
In general by the time you say 30 you should easily be earning double the UK average wage - all going well. Also I would recommend that you don't stay in the same company the breath of experiance and your performance within those differing industry sectors are key get that right and you will start to walk into jobs. Don't overdo it of course but stay too long at the younger years puts off some employers plus it really does add to your experiance your ability to draw info instantly from differing sectors to highlight your challenge and also systems will all be different so you get used to many differing systems and way of working the office politics some st some great.

Roger Dodger

Original Poster:

12,230 posts

194 months

Saturday 17th September 2011
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It's going well so far!

Three out of the five Certificate level exams passes. I'm planning to bash the other two out of the way before xmas.

I was slightly delayed as I've been taking more on at work, technically kind-of have combined two roles now - so things are busy!

For one of the exams (economics) I was offered an exam seat two days before the exam, so I thought hell, worth a bash.

I read through the summary cards for a day, didn't open the textbook or 300 page work folder boxedin Somehow passed, with a good mark too! Mind you, the content was pretty logical - how monetary policy is lined to inflation/unemployment/exchange rates/imports/exports etc for example.

The free events are good too, I've attended quite a few re: insolvency/company turnarounds/computing/cashflow etc

Onward!


ETA: note the name change.

Edited by Roger Dodger on Saturday 17th September 12:37

cailean

917 posts

173 months

Sunday 18th September 2011
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Congrats, keep going...

Office_Monkey

1,967 posts

209 months

Tuesday 20th September 2011
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Congratulations! You seem quite dedicated, so am sure that you'll get through it all. I only have TOPCIMA left, looking to do it next year smile If you pass your certificate levels easily, you should be able to sit 3 exams at a time when yuo get to professional level.

2 sMoKiN bArReLs

30,255 posts

235 months

Tuesday 20th September 2011
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Office_Monkey said:
If you pass your certificate levels easily, you should be able to sit 3 exams at a time
..feck me, I know these accountants are clever, but that's manic!

FamilyDub

3,587 posts

165 months

Tuesday 20th September 2011
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If you can manage three you are either a certified genius, or have no life.

I.e. The book I have for F2 is over 600 pages! redface