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Training Contract Question

  • 27-01-2012 11:21am
    #1
    ferike1
    Registered Users, Registered Users 2 Posts: 1,785 ✭✭✭


    I work in a big 4 company, I absolutely despise audit and was wondering what the minimum time is to qualify for the CA is.

    I only have my FAEs to do this year and if they are successful I will have been working for 2 years. Is the extra year and a half absolutely necessary does anyone know or is that just a guideline?

    Also would be possible to qualify if you left your training contract and got a job abroad with a big four/accountancy/finance firm?

    Thanks in advance for the answers.


Comments

  • #2
    blackwhite
    Registered Users, Registered Users 2 Posts: 9,264 ✭✭✭blackwhite


    CAI require you to do 3/3.5 years, depending on whether you have a masters. Won't get the qualification without the relevent experience.


  • #3
    ferike1
    Registered Users, Registered Users 2 Posts: 1,785 ✭✭✭ferike1


    Accounting masters? Or can it be finance?


  • #4
    ted2767
    Registered Users, Registered Users 2 Posts: 477 ✭✭ted2767


    ferike1 wrote: »
    Accounting masters? Or can it be finance?
    It can only be a Macc as far as I know that will give you a 3 yr training contract as opposed to 3.5yr contract.
    My advice is to get your FAE (not easy) then look to transfer departments unless you really cannot stand it that is.


  • #5
    blackwhite
    Registered Users, Registered Users 2 Posts: 9,264 ✭✭✭blackwhite


    ferike1 wrote: »
    Accounting masters? Or can it be finance?


    It's only 3 years for a Masters which gives you full exemptions from CAP2/old Prof 3 exams.
    For ease of reference, whatever length the training contract you signed is how long you are obliged to stay for to get the qualification. Big 4 firms do not tend to give trainees contracts any longer than the minimum.


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