Careers Advice

Discussion in 'UK Accountancy' started by rob, Jun 9, 2005.

  1. rob

    rob Guest

    Hi,

    I have 10 years IT experience but want a change of career. I have half
    owned a start up company that now turns over £600k and employs 5
    people. I have done all the bookkeeping, PAYE and general accounting
    with an external accountant doing the year end accounts. I have Sage
    Line 50 experience. I have an unrelated 2:2 Degree.

    I would like to be an Accountant long term and am wondering the best
    way to obtain Chartered Status. A few of the questions I am thinking
    about are:

    1) Would it be best to do the AAT exams first or go straight into the
    professional path?
    2) Which is the best Accountancy body to aim for?
    3) Should I just start applying for jobs or do some exams first so I
    can apply for "Part Qualified" jobs.

    Any help greatfully received.

    Rob

    PS I will be living in Edinburgh.
     
    rob, Jun 9, 2005
    #1
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  2. Not surprisingly this is an FAQ. Here's the last time it was asked:

    http://tinyurl.com/dc7kg

    I'm a bit out of date but FWIW:

    I think you need an Accounting degree to be Chartered so your options
    are Chartered Certified (every bit as good as Chartered in the same
    way a Skoda is every bit as good as a Volkswagen :)
    I would have said yes but the concensus seems to be go straight for the
    professional if you are *sure* you can make it.
    Chartered and Certified are the GP's of the Accountancy world, able to
    turn their hand to anything. CIMA, Inst of Chartered Secretaries and a
    host of others offer more specialised paths.
    Get any experience you can. Have a look through this group's back
    catalogue (it seems to be rather quiet at the moment). Here's a link
    to your bible:

    http://www.hmrc.gov.uk/manuals/
    Ronald Raygun is o'er the brae.



    --
     
    Troy Steadman, Jun 9, 2005
    #2
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  3. It appears that a degree in Microbiology is fine for getting into Chartered,
    in England anyway. However, I believe you need a training contract with a
    registered training practice, so I would still recommend Certified.
     
    Jonathan Bryce, Jun 9, 2005
    #3
  4. rob

    Doug Ramage Guest

    IIRC, one of my colleagues in a large accountancy firm had a degree in
    Textile Technology (or something similar).
     
    Doug Ramage, Jun 9, 2005
    #4
  5. rob

    rob Guest

    Thanks all. The message Troy pointed out is uncannily like me!!
     
    rob, Jun 10, 2005
    #5
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