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Training in Practice v Training in Industry

  • 05-09-2011 4:49pm
    #1
    Beyjaysus
    Closed Accounts Posts: 2 ✭


    Hi. Ive worked for 5-6 months in a small accounting practice and didnt really enjoy the work that much, constantly getting new jobs thrown at you etc. Ive left that firm now and considering what next to do. I have a Masters in Accounting so have CAP 2 exemptions but am considering looking to get into industry now rather than practice. Everyone i know went into practice after the masters but everyone pretty much hates the auditing.

    Just wondering has anyone experience of working in both practice and industry, what are the differences and which they preferred . also what is the story with the acca exams and how long would i need to qualify in acca with the exemptions id have from my masters.

    Thanks for any help.


Comments

  • #2
    thelastwaltz
    Registered Users, Registered Users 2 Posts: 3 ✭thelastwaltz


    Hi there, I have worked in both (5 yrs in a medium sized practice and 4 years in the finance department of a large plc and I found working in Industry much more interesting although I still had one ACA exam left to do when I joined and they didnt afford me as much study leave as what I was getting in practice but they paid me a hell of a lot more that what I was receiving in practice but companies generally do not give much time off for exam leave and sometime they dont pay for the exam and course fees until after you have passed the exams! It all depends on what you see yourself as after you have qualified... do you want to go on to be an FC or FD or maybe work as a management accountant or would you see yourself as being more client focussed and maybe you would consider working in a management consultancy specialising in advisory services!

    Have you found work now?


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