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ICAI Membership Fees -no longer working in Accountancy
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10-03-2014 3:10pm#1Hi,
My main question is, are these fees payable if you no longer need the services of CAI i.e. a change of job completely to one unrelated to accountancy? I would like to keep my options open if I ever choose to return to that profession but at €577 p.a it's a costly option to have.
The alternative is to be struck off? That hardly seems fair considering the cost and hard work I put in in the first place to achieve membership :mad:.
If anyone has any advice or would have been in the same boat it would be much appreciated.
Thanks in advance
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Hi,
My main question is, are these fees payable if you no longer need the services of CAI i.e. a change of job completely to one unrelated to accountancy? I would like to keep my options open if I ever choose to return to that profession but at €577 p.a it's a costly option to have.
The alternative is to be struck off? That hardly seems fair considering the cost and hard work I put in in the first place to achieve membership :mad:.
If anyone has any advice or would have been in the same boat it would be much appreciated.
Thanks in advance
Just saw this now.
You will need to maintain your fees to the CAI if you wish to remain on the register as an ACA.
But, nobody can take away that you qualified after passing the exams, and that you had enough experience to become an ACA.
If it's something you cannot afford then the CAI may look at charging you a reduced fee.
Also, I know of people that left the CAI and returned at a later date, but they had to pay for the intervening years. This might be due to the fact they never deregistered. Maybe you don't have to pay for intervening years if you deregister, but I suspect you would.0 -
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