Accountancy Qualification : How To Get One

Posted on November 17th, 2010 in Uncategorized by iptools  Tagged

It is not unreasonable to say that, it is a truth universally acknowledged that a single man (or woman) in want of a good fortune must be in possession of a good accountancy qualification. Whilst this is not exactly true to Jane Austen’s, Pride and Prejudice or even generally, it is certainly the case that qualified, professional accountants are very much in demand across all sectors of the corporate world. In these difficult economic times organisations of every size must maximise value from every function and process. Businesses need employees with the capabilities to produce and understand the figures and utilise their expertise to identify and remedy performance problems, forecast and plan strategy and ensure successful business results. Commonly known as “the language of business”, accountancy opens the door to numerous senior and well rewarded jobs, from forensic accountant to auditor, to chief financial officer to business owner or entrepreneur, in any kind of organisation, sector or industry.

The principal route buy which accountants enter the profession is by becoming a member of one of the main accountancy bodies. Yet, membership is not just a question of filling in a form or paying a fee but demands the successful completion of an accountancy qualification. There are several well established accounting bodies that represent finance professionals in the UK and globally and that deliver specialist qualifications and on going professional development. Perhaps the principal players are CIMA (Chartered Institute of Management Accountants) and CIPFA (The Chartered Institute of Public Finance And Accountancy) that delivers qualifications specifically for accountants working in public serviceers. Also, there is ICAEW (Institute of Chartered Accountants In England And Wales) and the ACCA (Association of Chartered Certified Accountants), which was created over 100 years ago.

Each one of these bodies provides a number of relevant qualifications, flexible study options and masses of support for candidates undertaking their particular accountancy qualification. By way of example, the ACCA qualification is accessible not only to graduates but to non-graduates and mature students alike and can be undertaken via a range of study methods. The course is made up of of fourteen exams, including a Professional Ethics module and some practical experience and resourcs and support are accessible via traditional routes and on line via the ACCA website. Its as easy as that.

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