Horizon broadening

Shannonsider

I'm recently CIMA qualified but am looking to get do some work on the side as a bookkeeper. I suppose the plan is to set up my own business eventually that would include business consultancy and some bookkeeping/accounting. I haven't done much bookkeeping since college but am wondering where to go from here.

Would it be worth trying to get ACA/CPA qualification?

Any advice is welcome. Thanks.

Mr Clonfadda

Would ACA/CPA make you a better consultant or bookkeeper ?

imo you would be over qualified as a bookkeeper and consultants need experience not qualifications

aassddff

No great point in adding to CIMA unless you intend to get a practicing cert for auditing purposes somewhere down the line. My understanding is that a big difference between CIMA and the other bodies is that CIMAs cannot audit

Running Bing

aassddff wrote: »

No great point in adding to CIMA unless you intend to get a practicing cert for auditing purposes somewhere down the line. My understanding is that a big difference between CIMA and the other bodies is that CIMAs cannot audit

How do you get a practising cert for audit?

Shannonsider

Ya that's the main difference - CIMA can't practice audit. What do you need to get a practicing cert? Might be handy to have in years to come. Which qualification would I need?

Kanchelskis

Shannonsider wrote: »

Ya that's the main difference - CIMA can't practice audit. What do you need to get a practicing cert? Might be handy to have in years to come. Which qualification would I need?

You need the relevant audit experience in practice when qualifying plus 2 years PQE in audit. I think you would need to train as an ACA/ACCA though. The insurance cost of being an auditor is a lot higher also due the potential liabilities involved etc.

Get someone else to do the auditing. Going back to train just for that won't add much value.

Doing AITI http://www.taxireland.ie/education/WhyAITI.aspx though still academic and not practical would probably be more value.