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Credit Controller Seeking Acc Qual asap

  • 30-03-2010 11:34am
    #1
    rach01mj
    Closed Accounts Posts: 3 ✭


    Hi,
    I'm an exp credit controller and it has taken me a year to get back into a job and i am now looking for the quickest way of getting qualifications.

    Firstly, I would like to know which is the best ACCA CIMA IIPA or IATI??

    Basically I want to go for the right one that is going to give me the highest €€€'s salary and opportunities within the company without going through a 3yr Graduate programme.

    Please also if anyone had textbooks available please let me know and I will get them to start studyin at home...

    Regards

    Rach


Comments

  • #2
    djk1000
    Closed Accounts Posts: 899 ✭✭✭djk1000


    If you want to stay working in industry, then CIMA or ACCA are a good way to go. IATI is a technician qualification that you can acheive more quickly (two years I think), it also gives you exemptions to CIMA and ACCA if you want to go on to them.

    CIMA gives you qualifications by stages, 5 exams and you have a certificate in business Accounting, I think 3 more and you have a diploma in management accounting, another 3 and you have the advanced diploma in management accounting.

    None of them are quick or easy, they all take a lot of hard work and effort, the exams are incredibly tough but manageable if you put the work in. Studying yourself from books at home is fine for the first few exams, but most people benefit fromk taking classes.

    I think there is an institute of credit management that has qualifications too.

    Keep an eye on this forum, or on Adverts.ie for study texts.


  • #3
    [Deleted User]
    Posts: 5,121 ✭✭✭ [Deleted User]


    OP what are your current qualifications?

    You should realise that an accounting qualification isn't a ticket to riches - it is a general requirement to advance.

    If a graduate program is available to you I would do that - the experience should pay off in the long run.


  • #4
    Da GOAT
    Registered Users, Registered Users 2 Posts: 453 ✭✭Da GOAT


    there is no automatic rise in salary once qualified either. once you do qualify u may not even get a pay rise.

    i did aca but id assume that would take you 3-4 years to do with no exemptions. plus itll be pretty tough and can u get time off for exams plus study time from your current employer?


  • #5
    steelbar
    Registered Users, Registered Users 2 Posts: 352 ✭✭steelbar


    Doing the exams is only one part of getting qualified,dont forget about the training records.
    I did CPA and they require 3 years of recent relevant and supervised training. Think ACA are the same, not too sure bout the other 2.
    So exemptions or not,it could still take you 3ish years.


  • #6
    rach01mj
    Closed Accounts Posts: 3 ✭rach01mj


    I havent any qual's other than business secretarial with accs at da mo due to unemployment for over a year. Also year 1 of iati. Im undecided really.
    I could do the 3 year degree in tallaght to study accounts teaching for 2nd/3rd level
    All i have is 4 years exp in Cred Control and Accounts Asst.


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  • #7
    Seamu$
    Registered Users, Registered Users 2 Posts: 606 ✭✭✭Seamu$


    rach01mj wrote: »
    I havent any qual's other than business secretarial with accs at da mo due to unemployment for over a year. Also year 1 of iati. Im undecided really.
    I could do the 3 year degree in tallaght to study accounts teaching for 2nd/3rd level
    All i have is 4 years exp in Cred Control and Accounts Asst.

    You could complete the IATI and go on to do ACA, ACCA, CIMA or CPA. It's not going to be quick, or easy (or cheap if you're paying for it yourself), but will give you better opportunities in time. I know a few people who have done IATI and gone on to do either ACCA or CPA.

    You will need to train under someone who will sign off your training records etc. so you should speak to the qualified accountants to whom you report to see what their thoughts are on it & whether they will support you during your training.

    If you're looking to stay within the same company find out what they specify as requirements when they are recruiting finance personnel and identify what opportunities are likely to arise.

    As far as I know all 4 of the professional qualifications mentioned allow you to teach at both 2nd & 3rd level, I'm open to correction on that one though.


  • #8
    Da GOAT
    Registered Users, Registered Users 2 Posts: 453 ✭✭Da GOAT


    dunno about teaching, its do 3rd level you need a masters i think. plus 2nd level i dont think doing accountancy, business and maths are the most sought after courses schools need. maybe alot of competition. dont qoute me on this.

    i did 4 years in Tallaght doing business with accountancy full time, then 3.5 year training contract with a practice (did exams in 2 years, pased first time and had exemptions). so it does take a long time, but u gotta start somewhere.

    also u do need a qual acc to sign off your experience.


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