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Accountancy Qualifications

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  • Any
    Any Posts: 7,959 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    OP why would you want to do this without practical experience? Would you like to study it full time? I've never had a problem of getting a job and my student friends likewise once you have some exams under your belt.. Especially practices like juniors - it's not too well paid to be junior, but usually they give you payrise accordingly as you pass further exams..

    Loads of people do.. At my college there is a lot of foreign students who study full time and obviously don't work (or just have weekend jobs at shops).. They need to be full time to get student visa. I believe they do it in the UK because the exams are taken in English worldwide and so it makes sense to live in the language to boost up your chances..

    But what I love about this qualification is that you can work while studying.

    You can pass the exams without experience - it will be just a little more difficult without having the chance to apply the knowledge...

    But you cannot be "chartered" or "member" or "fully qualified" or whatever you want to call it without having x number of years experience and completing some kind of "experience module" (describe how you applied this and that etc..). Until you complete all that you are a "student".
  • 456789
    456789 Posts: 2,305 Forumite
    1,000 Posts Combo Breaker
    speaking as a chartered accountant.........

    plenty of sensible comments already but something else you might want to consider is (depending on background/experience) i would think trying to do all the exams without any practical experience to back it up will be tough, not impossible but without the practical experience to help reinforce your learning it will be a tricky task

    perhaps someone who did the exams without actually working practical exeperience could comment further
    Sorry to the OP I seems to have hijacked his thread a bit

    Well I actually have an accounting degree and a 'voluntary' position at an accountants firm - so I am not completely new to accounting so think I could manage

    I understand that I would need to find a job with it and get my 3 years experience signed off but it is difficult atm.
    Any wrote: »
    OP why would you want to do this without practical experience? Would you like to study it full time? I've never had a problem of getting a job and my student friends likewise once you have some exams under your belt.. Especially practices like juniors - it's not too well paid to be junior, but usually they give you payrise accordingly as you pass further exams..

    Loads of people do.. At my college there is a lot of foreign students who study full time and obviously don't work (or just have weekend jobs at shops).. They need to be full time to get student visa. I believe they do it in the UK because the exams are taken in English worldwide and so it makes sense to live in the language to boost up your chances..

    But what I love about this qualification is that you can work while studying.

    You can pass the exams without experience - it will be just a little more difficult without having the chance to apply the knowledge...

    But you cannot be "chartered" or "member" or "fully qualified" or whatever you want to call it without having x number of years experience and completing some kind of "experience module" (describe how you applied this and that etc..). Until you complete all that you are a "student".
    Also some qualifications don't allow you to sit the final exam until the final year of your training contract with a firm (ACA for example)
  • Any
    Any Posts: 7,959 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    456789 wrote: »
    Also some qualifications don't allow you to sit the final exam until the final year of your training contract with a firm (ACA for example)

    So you want to work for one of the big four??
    With a degree they usually take you on even without experience/professional exams and they will send you to study ACA.

    You need to be brilliant at interviewing though.. And might need to move for a position.
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