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Scope for work on the side.

  • 02-02-2007 5:20pm
    #1
    Running Bing
    Registered Users, Registered Users 2 Posts: 3,841 ✭✭✭


    Once you become qualified is there much scope for work on the side i.e. Nixers? Would it be feasible time wise? Do many do this? Thanks.


Comments

  • #2
    Kinetic^
    Closed Accounts Posts: 13,249 ✭✭✭✭Kinetic^


    Babybing wrote:
    Once you become qualified is there much scope for work on the side i.e. Nixers? Would it be feasible time wise? Do many do this? Thanks.

    Hi Babybing, it really does depend on the work you take on.

    I've done some income tax and CGT stuff on the side but wouldn't take on anything else due to the frequency of the other returns.


  • #3
    karangka
    Registered Users, Registered Users 2 Posts: 57 ✭✭karangka


    Hi Babybing,

    I am a PQ accountant. Finished exams but another 5 months experience needed before qualified.

    Sometimes I work on weekends doing bookkeeping for shops, sole trader, etc. It really depends on what type of accountant you are. Most industries accountants I met don't have a clue when it comes to bookkeeping. So, when my hands are full with bookkeeping jobs, I can only subcontract the jobs to practice accountant or PQ accountant.


  • #4
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    Depends on what you mean by qualified.

    If you mean you've passed your exams and have three years experience then you're fairly limited as to what you can do. In fact you're more limited than someone not qualified or associated with a professional body.

    Unless you’ve a practicing certificate you’re pretty much limited to book-keeping under your body's rules. And that’s the lower end of the work/reward scale.

    You might want to look into getting a Practice Certificate. For example, ACCA allow even industry accountants to get a practice Certificate. This would allow you to have a practice and provide accountancy services except for specific auditing work. Not bad really!

    You’d need 3 years experience from an ACCA approved employer. 1 year can be pre-qual. You’d then need to attend a workshop and pass a case study. Then, hey presto, you’d be unleashed unto the mass-unwashed with a practicing cert to take up further room up on your wall.

    This is a huge development in the light of the new audit exemptions. It certainly opens possibilities!

    :)


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