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ACCA F8 which one

  • 13-01-2010 1:19pm
    #1
    W00LEY
    Closed Accounts Posts: 30 ✭


    Hi,

    Does it matter whether I do the Irish or International F8 exam? I will be doing by home study, so interantional will be easier for me to do with online resources. I currently work in IT, but will be swithching to an accountancy job when I complete the F exams. Will which variant I have done have a big impact on knowledge needed for work? Or chances of getting a junior role?

    Thanks


Comments

  • #2
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    Irish GAAP is effectively obsolete. International is the only sane way to go.


  • #3
    The CCAinsider
    Registered Users, Registered Users 2 Posts: 129 ✭✭The CCAinsider


    F8 is an auditing paper and is offered in UK or international. UK auditing is best described as ISA +. It is the international auditing standards with the so called UK plusses added. The plusses are now down to less than a dozen and pretty much are all because of UK / Irish law. If you plan to work in auditing in Ireland or the UK do the UK/Irish stream, if you are doing the paper because you have to and have no intention of ever getting into auditing do the international stream – it is marginally easier.


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


    There is convergence, but only one way - towards the IAS.

    Am I correct in thinking that if they go Irish standards for auditing they will not be able to take the International Accounting standards. In for one in for both.

    Would recommend international.


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