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And you thought there were too many accountants in Ireland as it is!

  • 02-06-2009 2:43pm
    #1
    MrMatisse
    Closed Accounts Posts: 1,743 ✭✭✭


    Just seen this on the ICAI website

    http://www.elevationprogramme.ie

    Just how low are salaries gonna go with even more supply on the market!


Comments

  • #2
    LouOB
    Closed Accounts Posts: 1,181 ✭✭✭LouOB


    But is there really? (alot of qualified acountants)
    In my current job I was told only 4% of company are doing exams

    Previous people I have met have either - stopped at BA level, decided to change career or 'not interested' in study. During work or through friends I have met v few qualified accoutants.


  • #3
    Bren1609
    Closed Accounts Posts: 459 ✭✭Bren1609


    The competition between the institutes for students has resulted in most accountancy institutes lower the entry requirements, they also changed the criteria for passing your exams.

    Every college graduate I meet these days is doing Law or Accountancy.


  • #4
    ICAI
    Closed Accounts Posts: 2 ✭ICAI


    Great to see the Elevation Programme being discussed. We thought we’d give a reply to some of the comments:

    We don’t think that the Elevation Programme is going to flood the market with more accountants. People that have made up their mind to study accountancy will study it with one accountancy body or another. We hope that the Elevation Programme offers a new choice to this group. We don’t see the overall population of qualified accountants increasing – just more Chartered Accountants.

    The entry standards for Chartered Accountancy haven’t changed significantly in the last 20 years. Students need a degree or the IATI qualification for entry. Exemptions are awarded based on an honours degree in a relevant accounting or finance degree. The entry standards for the Elevation Programme are the same as for our other routes – but the way in which you sit exams and gain experience is more flexible.

    The basis on which students pass exams has recently changed– there is no compensation between papers (i.e. 60 in tax and 40 in law = 50 across both). Each exam must now be passed on its own merits (i.e. 50 in each subject). You could argue that this is making the exams slightly harder to pass, but the introduction of continuous assessment at our first 2 exam levels (CAP1 and CAP2) has taken some pressure off the main exam.

    The Institute of Chartered Accountants
    www.elevationprogramme.ie


  • #5
    Gun_Slinger
    Registered Users, Registered Users 2 Posts: 212 ✭✭Gun_Slinger


    Pardon my ignorance here but is this only available to Business/Accountancy graduates?


  • #6
    MrMatisse
    Closed Accounts Posts: 1,743 ✭✭✭MrMatisse


    No its available to all graduates


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